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


To: SuperCharged who wrote (2569)3/24/1999 2:31:00 PM
From: Christopher  Read Replies (1) | Respond to of 3129
 
Genesis Media Group, Inc., Enters Into Financing Agreement
First Step of Growth Plan Nears Completion
LOS ANGELES, March 24 /PRNewswire/ -- Genesis Media Group, Inc. (OTC Bulletin Board: GNNX - news) is pleased to announce today that the Company has entered into a long term financing agreement with Franklin Capital Corp. of Chicago, Illinois.

With key financing currently in place and more to follow, Genesis can now work to systematically achieve its corporate goals and control growth in order to succeed as a stronger, more profitable company.

Safe Harbor Act Disclaimer:

Except for historical information contained herein, the statements in this press release are forward looking statements that are made pursuant to the safe harbor provision of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.

Contact: Carl J. Conte, V.P. Investor Relations Genesis Media Group, Inc. Phone #310-665-0221 Address: 5757 W. Century Blvd. #340 Los Angeles, Ca 90045

SOURCE: Genesis Media Group, Inc.