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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)

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To: steve mcruiz who wrote (2247)9/17/1998 4:36:00 PM
From: Shawn Springer  Read Replies (1) of 3129
 
Steve - Ouch!!
It is just speculation on my part, but I bet that TNNS is really just a shell company. No assets, No contracts, No products. That it is a 'publically traded' company means next to nothing. One of my other loser stocks - MIDL - is a publically traded shell company. After a nice fleecing of investors by insiders, the company is now not trading at all by order of the SEC. Since I have watched the downfall of MIDL I am seeing the same kind of antics in GNNX. First, the company announces incredible contracts and so forth, then they 'give' something to the stockholders that have stayed with them (although they don't actually deliver), then they sell out themselves and disappear until the next time. I surely hope that this isn't happening with GNNX, but, if the shoe fits....
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