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Biotech / Medical : GMXX - GENEMAX CORP -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (188)	2/7/2003 10:38:08 AM
From: RockyBalboa	Respond to of 978

Group Management Sets Record Date for Dividend Tuesday February 4, 8:53 am ET ATLANTA, GA--(INTERNET WIRE)--Feb 4, 2003 -- Group Management (OTC BB: GPMT) announced the record date for the dividend declared on January 31, 2003. The official record date is set as February 13, 2003. This means that to receive the dividend a shareholder must be the official owner of record on February 13, 2003. ADVERTISEMENT Reasons for Dividend A dividend was declared to reward the long-term shareholders; and eliminate the short selling in our stock. Shares sold short and not covered by the record date will require the short seller to cover in the open market subject to market prices. Purchasers buying our shares before the record date should demand from their broker their dividend payment. Payment Date The company and legal counsel are designing security procedures to insure the integrity of the payment process. Only valid shareholders that present the appropriate documents will receive the dividend payment. We will further update the payment procedure once finalized. Trading in GPMT Stock According to the OTCBB records, GPMT traded 8,212,499 shares during the month of January. Per our transfer agent the outstanding float is roughly 6 million shares, and more than 2 million of those shares are in friendly hands leaving less than 4 million shares free to trade. We continue to believe there is a large short position in our stock. The number of market makers has increased from eight in December to fifteen in January. Entertainment Industry Our legal counsel is preparing an option agreement on a script we recently received. We have begun pre-production on the film contingent on the option being accepted. Casting, locations and budgets are being prepared by Greenlight Productions. Due diligence is nearing completion on Kadalak Entertainment Group and a definitive purchase agreement should soon be submitted for negotiations. If acquired, we intend to prepare Kadalak Entertainment Group for public trading and to expedite the process legal counsel has begun drafting the Form 10SB document. The statements contained in this release are forward looking and may or may not occur. This is not a recommendation to buy or sell stock and we do not express any opinion as to whether a person should buy or sell stock based on this release. This release is for informational purposes only. Contact: Contact: Thomas Ware, Esq. Company: Group Management Corp. Voice: 404-522-1202 Email: Gpmtinfo@mindspring.com -------------------------------------------------------------------------------- Source: Group Management Corp.

To: StockDung who wrote (188)	2/7/2003 6:32:40 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 978

'Short Seller Wars' Gets Two New Combatants FRIDAY , FEBRUARY 07, 2003 02:41 AM February 7, 2003 (financialwire.net via COMTEX) -- (FinancialWire) The so-called "Short Seller Wars" of 2003 gained two new combatants today when Pacel Corp. (OTCBB: PCEL) said it is "considering adopting custody only trading of its stock "to protect the company's stockholders against naked short selling of the company's stock." Coetaneously, Sales OnLine Direct (OTCBB: PAID) said its board has approved the move, and it will be asking its shareholders. Companies previously mentioned in DowJones (NYSE: DJ) Newswires and other media as associated on one side or another of the controversy include Ameri-Dream (OTCBB: AMDR), Bluebook International (OTCBB: BBIC), Bentley Communications (OTCBB: BTLY), Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), Edgetech Services (OTCBB: EDGH), Environmental Protection (OTC: EPTC), FreeStar Technologies (OTCBB: FSTI), GeneMax Corp. (OTCBB: GMXX), Group Management (OTCBB: GPMT), Hadro Resources (OTCBB: HDRS), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), ITIS Holdings (OTCBB: ITHH), Jag Media Holdings (OTCBB: JGMHA), Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), MSM Jewelry Corp. (OTC: MSMJ), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Reed Holdings (OTC: RDHC), Sionix Corp. (OTCBB: SINX), Soundcomm Technologies (OTC: STEH), Technology Logistics (OTC: TLOS), Ten Stix, Inc. (OTCBB: TNTI), Vega Atlantic (OTCBB: VATL), vFinance, Inc. (OTCBB: VFIN) and WorldTradeShow.com (OTC: WTSW). One of the companies, JAG Media Holdings, Inc. (OTCBB: JGMHA), frustrated at lack of clarification from the Depository Trust Corp., said that the DTC has contacted its attorneys to confirm its position that it will "no longer permit issuers to exit their securities from the DTC system" but "declined to provide the Company with the provisions of the Uniform Commercial Code on which it based its guidance statement." JAG Media Holdings said it has retained O'Quinn, Laminack & Pirtle of Houston, Texas as its counsel to assist the Company in assessing its options. In other news, the SEC has suspended the trading of International BioChemical Industries, Inc. over statements that may or may not be linked to its efforts against short sellers (see separate story). Clickable links for FinancialWire news are at financialwire.net. For FinancialWire audio news, click on partner ON24 at on24news.com URL: financialwire.net (C) 2003 financialwire.net, Inc. All rights reserved.