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Microcap & Penny Stocks : RMGG -- Ignore unavailable to you. Want to Upgrade?

To: t.gawarecki who wrote (828)	2/4/1999 9:09:00 AM
From: Gator	Respond to of 1170

They've been a member of IRI for about a year now. They haven't complied with anything yet. Gator

To: t.gawarecki who wrote (828)	2/4/1999 2:28:00 PM
From: Charles Kalb	Respond to of 1170

OK, but don't take IRI association as a green light to give a listed company your trust. Genesis Insurance and Financial Services (GIFS) was given one of IRI's top ratings a couple years ago. GIFS turned out a complete scam, stock was abruptly delisted, investors holding at that point lost everything, and GIFS CEO/Pres. is still an international fugitive from the FBI. No inferences to RMGG here. In general IRI participation should be a good thing. GIFS scammers were good enough to use IRI to their advantage, undoubtedly causing some to let their guard down.