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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?

To: Tom Brown who wrote (3065)	7/13/1999 11:04:00 PM
From: ajs	Read Replies (2) \| Respond to of 3129

This is a post from Charles Willette on Raging Bull: ragingbull.com ajs, My things have been busy today. Sorry I couldn't take part in all the fun but I was out of town on business. In answer to your questions I will answer what I can. 1. I do not believe that GNNX will do a reverse split, I believe that the management of Open Door is going to come in and take over the show. They have some great product lines and ideas for building a public company and will need all of our support if this takes place. I do know that if Open Door takes over and starts selling the things they intend on selling over the internet we could own another Amazon for .10 a share. It cost me $12.00 a share to buy that one after it came out. 2. I do not have a clue as to the true value of this inventory. If it is based on what it has earned it probably would not be close to what it has been estimated at. But then again we do not have any financials to check it against. I am not an expert in this field and can not carry a tune in a bucket. I do know that this music library is being put into digital format as we speak which will increase it's marketability and value. 3. I do not know anymore than anyone else here about the status of the James Dean movie. I will say this, I was upset and disapointed with everything that has happened with GNNX over the past year. That is not going to cause me to bury my head in the sand and walk away from what could be a positive opportunity. I can now officially be listed as long on this stock, for now. Everyone has to do a gut check on what they want out of this and what the best way is to get it. I would think we all want a profit. If that is not your motivation for being here, mabye it's time to go. Charles Willette