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Re: DigiTech post# 79

Monday, 06/08/2009 7:21:51 PM

Monday, June 08, 2009 7:21:51 PM

Post# of 110
DigiTech, thanks for the PM.

As GENX shareholder, I really appreciate you helping GENX in any way you can. However, as a fellow investor, I would like to say that you should be careful with them (and surely not to invest any more dollar unless you are sure that tehy can be trusted and if they turned out to be a frau, you are ok to lose your money)

To me, their explanation doesn't really make sense. I file my own SEC filing. It is not that complicated. If they really get duped by one PR firm, they can try to hire another one (ask for referral or do a background check before signiing up/paying the PR firm). Worse case they should be able to file their own SEEC filing.

I'm not selling my GENX shares but will definitely not add anymore, until they can get audited properly, show profitable and growing or stable business and that there are interest from any institution/hedge fund that hopefully they will do some/proper due diligence.

Thanks again for the info DigiTech. Please keep me posted.

JMHO,

Stan
PS: my other suggestion and question for them:
1. What is their intention having listed in USA stock excange?
2. Why bother listing in the Pink Sheet? can they afford to take the company private. as I see no point to be listed in pink sheet, unless they want to sell a lot of stocks and dilute the company (just like NMKT for example)
3. Create a website (i.e. talk to shareholder)
4. Have conference call/annual shareholder meeting and take live questions.
5. and yes I like your suggestion about the external member for the board of director (and I lik the rest of your suggestions as well)
6. if they don't care with shareholder, is that mean they didn't care with themselves too (aren't they shareholder as well. what is the insider ownership.).