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

To: Mark[ox5] who wrote (815)	5/10/1998 1:19:00 PM
From: Mark[ox5]	Read Replies (4) \| Respond to of 3129

*UPDATE. SHARE TALLY FOR GNNX (1 PM Sunday 5/10/98)* GNNX TOTAL SHARES IN FLOAT (as of 5/1/98) 4,535,000 Shares accounted for by lurkers of SI: 464,644 (SEE NOTES BELOW) % of Float accounted for: 10.25% # of Respondents: 67 The "Mean" Holding: 3550 shares Breakdown: # OF SHARES # OF PEOPLE % % Total Under 1000 8 11.9% 11.9% 1000-4999 31 46.3% 58.2% 5000-9999 13 19.4% 77.6% 10000-14999 8 11.9% 89.6% 15000-19999 0 0.0% 89.6% 20000+ 5 7.5% 97.0% 30000+ 2 3.0% 100.0% ********** Thanks to EVERYONE who has participated! Some notes. As you can see the mean is 3550, which means even though we have a few large holders of GNNX stock, the majority hold between 1000-5000 shares. That is very good, because it shows strength in numbers. 58% of the share count so far is held by people with 5000 or less shares, which once again is bullish, because I much rather prefer that scenario than if we had 10 investors who each held 20,000 shares and if they dumped shares it would tank the stock. Second note: I have a private message from 1 person who is not divulging his share count (that is fine with me). He and others he knows who do NOT read SI, have been accumulating for a long time now, so whatever % of the float we own as a group you can also add in their share total as in "strong hands". So we have over 10%+ now (plus the shares held that were not divuldged by the "accumulators"). I will continue this until tommorow P.M and then stop. We have a rough idea of where we stand as a group & that was the idea of this. Once again, thanks everyone for your participation, Mark