GRIN has been around awhile, they take off with any mania going on. I remember the Pokemon run, with GRIN went up to nearly $30 from 7 in a week, while TMAX was also a nice kaboom to $17, SYCD, DVUI, that was a nice time.
Anyway, XNET is moving nicely today, up 10-20% news out:
XIN NET CORP: WORLD ENVIROTECH INC - Xin Net Acquires Control of World
Envirotech, Inc.
New York, New York, Dec 28, 2001 (Market News Publishing via COMTEX) -- Further
to the press release of November 26, 2001 Xin Net Corp. has acquired control of
World Envirotech, Inc., a Colorado corporation, through the purchase of
3,882,700 shares of World Envirotech or 71% of its issued and outstanding
shares. Xin Net and World Envirotech intend to negotiate an agreement with Hong
Kong-based ProtectServe Pacific Ltd. ("PSP"), in replacement of the Share
Exchange Agreement signed between Xin Net and PSP on October 1, 2001.
"Xinnet" provides online domain name registration, web site hosting, design &
management and e-commerce solutions to customers mainly in China and SAR Hong
Kong. It currently has offices in Beijing, Chengdu, Guangzhou, Nanjing, Shanghai
and Shenyang. It operates the following web sites: www.chinadns.com,
www.paycenter.com.cn, and www.ebwdiy.com
imho, Jerome
