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

To: SuperCharged who wrote (1819)	7/17/1998 12:00:00 PM
From: Tom Brown	Read Replies (1) \| Respond to of 3129

If TNNS is trading at $1.00, and GNNX shareholders get one share of TNNS for every 40 shares of GNNX, doesn't that equate to a 2 and 1/2 cent dividend? Would this concern short sellers when considering the stock is selling around $1.25? I don't think so, as it is such a small percentage of their total risk. And until someone can get a handle on the "real value" of TNNS, it could be a smaller percentage. Still long on GNNX!!

To: SuperCharged who wrote (1819)	7/17/1998 12:01:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 3129

Yea, and just try and buy some TNNS, good luck

To: SuperCharged who wrote (1819)	7/18/1998 11:09:00 AM
From: Sigmund	Read Replies (2) \| Respond to of 3129

Shareholder of record? I thought it was now one day...it is for tax purposes I believe. And even same day can be arranged for cash transactions I believe. I certainly am no expert on this but I do think that trading Monday would satisfy the requirement. Why do we think that there is a lot of short interest in this stock? And why do we think that MM's would have a problem being shareholders of record in time? And why do we think they couldn't just buy the stock spun of and deliver it if necessary? TNNS is worth what? $1, $10? At $10, that is $0.25 per GNNX share. At $1 it is $0.025 per share. Not that big a deal. Not worth driving GNNX up by more than that if you are a short. Should we expect a big tumble Tuesday? No reason to hold past then if the dividend is the only consideration?