Forum Archive Index - March 2000

[Derek Watt <dkw@paradise.net.nz>]

About a month ago I bought 500 Genesis for $4.55.
It takes a long time to process transactions on the
secondary board, and yesterday I got a call from Access Brokerage
saying that the minimum shareholding was 5000. They couldn't
register the 500 in my name and either I had to buy another
4500 or sell the 500 immediately since they couldn't
hold them. So I sold them (for $5.95).

I was lucky really as by rights I shouldn't have 'bought' them
in the first place, but ideally I would have liked to have held
on to them for the long term.

It seems that if you want to buy any Genesis (until they
list on the main board) you'll have to spend about $30 000.


Derek


-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
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