Genesis Electronics Group Inc (GEGI)

[The Cheap Investor]

On January 5th, the new CEO purchased GEGI for $1,000 from the old CEO. On January 27th, the new CEO issued a statement that their business plan was to purchase a number of truck stops over the next two years that would have an evaluation of $100 million. We are seeing no interest in GEGI because the former CEO built up investors expectations and then gave shareholders the middle finger. You would think the new CEO, with 23 years of financial experience, would see the former CEO destroyed shareholder confidence and would give us some new information to renew shareholder confidence. Personally I will not buy or sell another share until I see some proven evidence that the company is on track fulfilling the CEO's promises. Penny stock CEOs are at the bottom of the barrel and the only reason we invest in penny stocks is because of the one in a million chance that the CEO has integrity and will fulfill his promises. Good luck to all of us. We may need it.