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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: tonto who wrote (24970)10/18/1998 1:40:00 PM
From: Little Engine  Read Replies (2) of 27968
 
tonto, GIFS is a good example... reminded me of Ira and the gang... I'd encourage everyone to take a look.

I loved the header, sounded so familiar:

<<<<"Genesis Insurance and Financial Services, Inc. is a company with a stock worth more than $15 (by my calculations) and was trading last week around $.90. Today it closed at $1.94. And no wonder why - it is worth it.

I talked to the company and it sounds like somebody was manipulating the stock and besides they had a lousy public relations company. The company applied for a full NASDAQ listing and will be there in a couple of weeks.

As of march 1996 GFCI had $138,519,744 in shareholders equity
and 8,840,976 issued and outstanding stocks which gives us $15.66 worth of a single stock ! Can you beleive it?>>>>

What I can't believe... the guy who started the thread, "Yuri", is still posting his BB hype on boards...

From a GIFS press release: <<<<Genesis International Financial Services Inc. is a diversified holding company maintaining investments in the financial services industry, medical products industry, agricultural industry, real estate and gold mining industries with investments in other hard assets, securities and projects.>>>

And people fell for this?

The SEC looks like it's getting serious against hypesters, thankfully.
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