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


To: richard perry who wrote (1782)7/16/1998 10:32:00 PM
From: richard perry  Respond to of 3129
 
The news of the dividend to GNNX shareholders of TNNS stock is extraordinary, in my opinion, since TNNS is at a buck! Oh and just a thought-when a stock dividend is issued to stockholders of record in GNNX, should anyone SHORT GNNX be concerned??? Would the shorts have to pay the stock dividend, or buy back GNNX shares? Comments.

Rich



To: richard perry who wrote (1782)7/17/1998 1:09:00 AM
From: Douglas V. Fant  Respond to of 3129
 
Richard, Yes, GNNX's Management is "out there" trying to build value in its own niche. I give them credit for that. And they have someone read this Thread and respond to valid shareholder concerns. Keep up the good work GNNX!

Good to see that GNNX filled the gap on its chart, and can now resume a more rational pricing pattern...

I believe that if a stock which you are short pays a dividend then you as a short party must "pay" that dividend. As to BLHG, Jerry the CEO is back from China and back from his meetings in Dallas with Lloyd Wade Securities. IMO BLHG has a rational JV approach to doing business in China. Let's see if they can execute that plan....

Also check out FPAM- "teetering near the edge", but if they pull out then their $1b revenue stream should help them rebuild the business. At 5/8ths/sahre if they "crash and burn", then you did not lose much...

Sincerely,

Doug F.