Replies to post #53849 on Genesis Electronics Group Inc (GEGI)

[havnagoodtime]

Don't know anything about this new crew...haven't looked. But there are folks posting here whose DD is reliable and they aren't impressed. >>

As you know, a new and fresh "play" helps OTC gamblers make bank, no matter how scammy. But this ticker is old, stale, lots of historical bad baggage. After a while, market players get bored and be like "Just another change in a long line of changes in company control by a group of nobody's ...yawn Zzzzzzzz."

[cashmagnet]

Thinking that Kevin Damoa was a smart ex-military guy I originally jumped in with both feet here, and I still have a small stake left in GEGI....For a variety of reasons their concept seemed like a great idea, but I dumped most of it as time went along because I just didn't see them navigating their way through the thicket of state and federal regulatory hurdles that would confront (and likely derail) them--pun very much intended. I also feel this company is poorly managed--in addition to being poorly connected in this sector and poorly funded--and I doubt Genesis will amount to anything in the foreseeable future. But that doesn't mean you can't make money off of the speculative frenzy that figures to ensue in the months ahead...Good luck to all of you in that regard; I could be wrong but I think you'll need it...