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

To: Mr. Miller who wrote (438)	4/26/1998 9:02:00 PM
From: Charger	Read Replies (1) \| Respond to of 3129

My understanding is that the extra 2 mill came from a simple need to raise cash early this year. I was also told that they did a 504 which would put 1 mill into the float, or COULD put 1 mill shares into the float, but that they may not need to take advantage of the entire 504 as they were beginning not to need cash. <<GG>> I guess not!! Charger

To: Mr. Miller who wrote (438)	4/26/1998 9:28:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 3129

Miller! Bringing DGIV profits over here? ;) (lurk mostly there--too much BS talk to read it all) I like your level headed posts over there in the middle of "I cant wait to buy my Ferrari in 3 months" statements. I like DGIV too, but I think people are getting ahead of themselves over there. As for GNNX shares O/S .. 10.9 would be the average of the year..that is how a yearly EPS is done.. on AVERAGE shares outstanding for the year, so it could of been 7M in the beginning of the year and 13M at the end of the year... but yes, we have had an increase. The important thing to ask is when these become UNrestricted shares. Also--can we get a clarification about the possibility of them adding 1M shares.... has been stated on this thread earlier. Thanks, Mark