GenX Corporation (fka GNXO)

[schlitz]

GenX Resource Corporation to Address Potential Naked Short Position in Its Stock
VANCOUVER, British Columbia, Jan. 24 /PRNewswire-FirstCall/ -- GenX Resource Corporation, Inc. (OTC Pink Sheets: GNXC), (Frankfurt 'G8Y' WKN 'AOLCPG'), GNXC has ordered and will be reviewing a current NOBO list from ADP Investor Communications. The NOBO listing, which stands for Non-Objecting Beneficial Owners, allows the company to identify a portion of its beneficial shareholders who maintain their ownership through a brokerage and who have instructed their broker that they do not object to the disclosure of certain ownership information. The NOBO list shows a more complete corporate ownership profile than is available from the transfer agent alone.

GenX believes in maintaining its shareholders' rights and enhancing shareholder value. GenX believes that a NOBO list may provide an insight into the recent peculiarities in GNXC's stock price movements.