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Posts Tagged ‘Scott Storch’

How Would You Spend $2,398,485.50 – Here’s How GenX Corporation (Pinksheets: GNXO) Did

Posted Wednesday, June 24th, 2009 in DailyRead by InvestorsLive
Tags: , , , , ,
Comments: 1 Comment »


Received this mailer Wednesday regarding GNXO and there was absolutely no volume for two days. So far it’s only traded 60,000+ thousand on Tuesday and 90,000  shares today with a terrible spread. The first three or four days I watched it it was .41 cents by 100 bucks or something and now they’ve managed to bring the market makers slightly into the market at $1.10 and one seller at .52 who has been moving up daily.

Total compensation = $2,398,485.50 —- don’t forget the 50 cents.

This used to be GNVC which was a total POS shell they’ve recently reverse split changed the name and trying it again. This is the most unprofessional mailer I’ve seen to date but I guess its based off what the company does.  They also used cheaper paper than normal mailers as well perhaps a cost cutting technique. But seriously… who puts diamond bling in a mailer and back drops of skaters doing foot grabs when you’re trying to attract an ol’ grand pop’s to invest in it.

Front Page

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Back Page

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First Flip

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Second Flip

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Last Pages

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