My new penny stock pick is (JNNE). This stock looks very attractive at
these levels, especially with them getting into the internet and
technology business big time.
INVESTOR RELATIONS WEB SITE: jnne.com
JNNE is in the information technology business that installs and manages
information centers in the United States. JNNE has a great management
team and business philosophy. In my opinion, this stock is a bargain.
*** About the Company ***
Jones Naughton Entertainment, Inc. through its operating businesses
provides multi-media publishing, advertising, Internet services and
media buying services. Publications and advertising opportunities under
the Jones Naughton umbrella include free-standing kiosks, Pre-paid
Calling Cards through GTE Calling Cards Services, Internet coupon
services at bizCOUPON.com, and local, regional and national
A joint venture with Senatron Inc. will make Jones Naughton's
publications available on the Internet, allowing consumers to access all
the information from current and previous publications. Numerous
nationally-known advertisers subscribe to Jones Naughton's services.
On top of all of JNNEs great developing business plans, they also are
well into the discovery phase in the lawsuit against Amerinet Financial
Services ( OTC BB: ANFS ) and certain individuals of the management.
JNNE is asking for $60 million dollars in damages. According to JNNE,
this lawsuit could be settled between now and the expected trial date (
April/May ). If JNNE can settle for 10% of what they ask for, they would
have over 10 cents in cash per share. Then a stock repurchase plan would
definitely be a good possibility. Along with many other HUGE
possibilities such as acquisitions!!!
Also, JNNE is currently performing an audit, and they plan to become
fully reporting PRIOR to the deadline the NASD has set. Also, the
company sees NO reason to have a reverse split.
There will be news on (JNNE), Monday January 25th. I am told this will
be good news. I am also being told there is a possible BLOCKBUSTER press
release this Wednesday or Thursday January 27th or 28th. But the date is
still not for certain. The news is supposed to be REALLY good!
PAST 3 PICKS
WOOD- picked at 3 cents, went to 30 cents in less than 12 days.
QNET- picked at $3, went to $30 in 4 days.
AXGI- picked at 2 cents, went to 11 cents in 2 days.
I was right on the mark on the AXGI news releases. I am being told that
the JNNE BLOCKBUSTER news will be AWESOME!! The next few weeks should be
very exciting for anybody holding JNNE stock!
Nothing in this shall constitute solicitation or an offer to buy or with
a qualified investment professional. All statements made are my express
opinion and should be treated as such.