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Microcap & Penny Stocks : Generation Entertainment (GNEN, GNEND) -- Ignore unavailable to you. Want to Upgrade?

To: Pask who wrote (1302)	6/4/1999 10:47:00 AM
From: Jimmy Dunn	Respond to of 1431

From my post on ragingbull: I just had a nice long talk with Eddie Williams. He is one of gnen's larger stockholders, considered to be an insider, and apparently he is the one working with the cdmusic.com site. He's been in this stock much longer then anyone else I have heard of, and continues to be in this stock. Some of the things I was told include: GNEN does not appear to be running out of money at this point, and in fact, he stated that they are receiving considerable revenue. Keep in mind that, unlike just a music reseller, they make much more money off of a sale because it is their labels. CDMUSIC.COM will have a completely different face within a short period of time. He stated that this might be a matter of a week to several weeks. The site will indeed resale music other then their own, and will probably offer other products such as concert tickets, etc. GNEN is taking the necessary steps to comply with SEC filing requirements. And finally, he made the same comment I made the other day. This company does have an internet incentive, but is much more then that. BTW, I'm not going to give out his phone number here, so that he can be flooded with calls. However, if anyone really wants to verify this info, the number was provided on the SI thread within the message range I provided in a previous message here.