Replies to post #647 on Genesis Worldwide Inc (fka GWOW)

[investwise4858]

Long-Vestor:

Reply to your individual comments:

Your comment:

Thanks for your replies. I still don't understand why the heck yaw'll are buying this but yes perhaps in time I'll understand..

My reply:

As I suggested, when you have some free time go and look at few of the shell boards here on Ihub, view some of the comments and discussions. This will shed light on what folks look for when attempting to discover value. Shells can be very profitable with the right merger partner/share structure, and management.

Your comment:

And no my Corp was not a public company, but as I understand it should not be to much trouble to reactivate and with a few switches here and there, I'd guess I could take it public in 6 months to a year, if i had a mind to do that..

My reply:

You need to do some homework and/or consult with legal counsel. I hope you are not paying for that advice/opinion that you outlined above.

Your comment:

I don't, cause I got better things to do,, ha, and I do not intend to run another corp. it is a pain in the butt doing corp. taxes, for one, but there's more hassle to it too..

However, it is the scenario I am evaluating. Were I a crook and wanted to take it public, it looks too easy..

My reply:

Yes, there are crooks/liars in every part of the business world. Research and knowledge is what we have to work with. That is the challenge, to find value. Fund managers do it every day, albeit most in different forums and trading venues.

Your comment:

One could just earn a rep on these boards and take yaw'll to the cleaners.

Yes we ( not to mean me as in "we" but, we, as in the public on these boards) know already, pinks and bb's are full of crooks..

My reply:

The business world has many crooks, and yes the pinks have more than their fair share. The larger caps are not immune either.. all one can do is evaluate, research and take risk.

Are you from the Show Me state ?

[creede]

I still don't understand why the heck yaw'll are buying this but yes perhaps in time I'll understand..

Really? If you need another example check out BISA.pk. They filed 21 reports all at once in Feb, but then did not put out the 8k till 1 month ago. During that time, shares could be purchased as low as .006. At present you would have to pay closer to a dime. Point being that none of us knew what would be reverse merged, but figured it would happen sooner or later. With an o/s of only 10.9MM, it seemed worth a shot.

So this shell play is much the same. There is lots of "mystery" to what is going to come, but it sure seems it's chances are better than most with the structure being so low. Now the real challenge, imo, is trying to pick the lows before a filing hits - especially for those of us who do not yet own shares.