HOWEVER.. be wary about this company, as it has a history of reverse stock splits.. also this guy Isaac Nussen (former CEO of GEMZ) is still linked to this company..

Some info I dug up...

1) Some notes on Reverse Split with this company
http://www.allstocks.com/stockmessageboard/ubb/Forum8/HTML/007003.html

roger7485
Member posted May 24, 2004 17:23
-------------------------------------------------------------------- ------------
Well, if this was the first R/S they have had then it would be different. This thing has already R/S'd 5 times now. They just keep R/Sing the stock and then diluting it into subpenny land. Maybe they will change their ways this time, but for some reason I doubt it.

Also...
http://www.companyreporter.com/mb/viewmsg.php?ID=2728&LOCK=GMZC

RE: SOME DD FOR THOSE THAT MISSED IT

American Jewelry Corporation, now MSM Jewelry,{now GMZC} Helps Give the OTCBB a Bad Name

Houston, TX – (OTCBB NEWS NETWORK) – June 17, 2002, In a recent daily Splits Report issued by OTCBB News Network, the company MSM Jewelry Corporation, previously American Jewelry Corp (AMJC, then AMJW after the split and now MSMJ) was listed to execute a whopping 1 for 7000 reverse split. The split is complete. The company recently filed with the SEC again to increase authorized shares to 5 billion. This is the 8th time this year the company has increased shares authorized for issuance.

Actually the company has a track record of reverse splits as well. Basically, the company’s modus operandi for the last several years has been to dilute heavily, reverse split and raise authorized and do it all over again. The progress promised by the company’s management has never come to fruition and the stock continues to tank, leaving shareholders holding the bag.

American Jewelry isn’t the only company the CEO commits this abuse on. Mr. Isaac Nussen also heads MTN Holdings Inc. (MTNDE: .0001) and Intrac Inc (IRAC: .0001). The latter ran from the same address as American Jewelry. He carries out the same exploitation on both of these companies. MTNDE completed a 1 for 2000 reverse split as recently as April. In November it completed a 1 for 750 reverse split. IRAC pales in comparison, but has traveled the same journey, completing a 1 for 10 reverse split in December.

But I digress, back to American Jewelry Corporation. The company has failed to issue a press release concerning this most recent reverse split. Perhaps an extensive paper trail of its history isn’t what the company is striving for at this point. Because these companies change the name and ticker symbol, new investors can be lured into their future promises of grandeur. And the company can continue to perpetrate these, what some feel should be illegal, actions on new and unsuspecting investors. The SEC should be putting a stop to this kind of abuse. It is this exact type of abuse that has given the OTCBB a bad name over the years.

Ultimately though the responsibility of conducting respectable business lies on the shoulders of management. Companies have a responsibility to their shareholders.

Is this performance considered prudent fiduciary responsibility? Not in my book.
___________

Massive Reverse splits and gigantic authorized shares. Isaac always wins, shareholders lose. Not a game for the faint of heart

MSMC-{MSMJ,AMJC.GMZC etc}

1 for 300 - 10/7/1998
1 for 300 - 5/2/2001
1 for 7000 - 6/17/2002
1 for 125 - 5/22/2003

ITRD -

1 for 10 - 12/13/2001
1 for 9500 - 7/5/2002

MTND

1 for 100 - 7/16/2001
1 for 950 - 11/8/2001
1 for 2000 - 4/10/2002

You do the math !!!

======================

2. Isaac Nussen's involvement...
whois lookup on gemzcorp.net... shows Isaac Nussen as owner of domain
As for the David Sarna guy... http://www.hshco.com/

Quote:
David E. Y. Sarna helps entrepreneurs realize their dreams.
Since 1989, Mr. Sarna has helped clients to:
- merge into public shells
- obtain liquidity
- create fundable business plans
- establish strategic relationships
- raise over $50 million in angel, venture capital, and public financings
- buy and sell businesses.
=====

the whois lookup on domain...

Domain Name.......... gemzcorp.net
Creation Date........ 2004-05-31
Registration Date.... 2004-05-31
Expiry Date.......... 2005-05-31
Organisation Name.... Isaac Nussen
Organisation Address. 800 Second Ave
Organisation Address.
Organisation Address. New York
Organisation Address. 10017
Organisation Address. NY
Organisation Address. UNITED STATES

Admin Name........... David Sarna
Admin Address........ 800 Second Ave.
Admin Address........
Admin Address........ New York
Admin Address........ 10017
Admin Address........ NY
Admin Address........ UNITED STATES
Admin Email.......... david@hshco.com
Admin Phone.......... +1.2019548275
Admin Fax............

Tech Name............ YahooDomains TechContact
Tech Address......... 701 First Ave.
Tech Address.........
Tech Address......... Sunnyvale
Tech Address......... 94089
Tech Address......... CA
Tech Address......... UNITED STATES
Tech Email........... domain.tech@YAHOO-INC.COM
Tech Phone........... +1.6198813096
Tech Fax............. +1.6198813010
Name Server.......... yns1.yahoo.com
Name Server.......... yns2.yahoo.com

============
3. Some info on this Zoltan Kiss fellow...

The CEO is Dr. Zoltan Kiss (former CEO of Energy Photovoltaics) (http://www.epv.net) has some patents under his belt. I havent had much time to read thru most and figure out all their technical lingo in this. Peruse at your leisure. Your thoughts appreciated.

Articles that I found on Energy Photovoltaics

Solar on the Cheap - with pic of Dr. Zoltan Kiss
2002 http://smalley.rice.edu/UNIV116/Solar%2...0cheap.pdf

Solar plant starts
2002 http://www.bizjournals.com/sacramento/s...tory2.html

Putting on a brave thin-film face
Aug 2003 http://www.photon-magazine.com/news/new...am_epv.htm
Has a blurb on why the board dumped Dr. Zoltan Kiss as CEO.

Also, it's odd that you say it's not in the jewelry business anymore because on their about us page they seem to tout that their management is well versed in the jewelry business.. weird.
http://www.gemzcorp.net/aboutus.html

it reads...

"Management:
Experienced management, each with over 30 years of experience in all aspects of jewelry business"

quote:

---

Originally posted by Magneto:
[QUOTE]HOWEVER.. be wary about this company, as it has a history of reverse stock splits.. also this guy Isaac Nussen (former CEO of GEMZ) is still linked to this company..

AS IF SHELL COMPANYS DON'T EXSIST!
Isaac Nussen
So what is this guys role in this company?

I think none.... You guys are bashing a stock that has a (REAL)low float not like some of the crap youre touting

THIS IS A NEW COMPANY NEW TECHNOLOGY NOT JEWERY AS THE BASHERS CLAIM WHAT DA'S

---

quote:

---

Originally posted by Magneto:
In case U didn't notice that was an uptick at fridays close before the news at 4:10pm LOL

---

Information \priceless

quote:

---

Originally posted by Magneto:
[QUOTE]HOWEVER.. be wary about this company, as it has a history of reverse stock splits.. also this guy Isaac Nussen (former CEO of GEMZ) is still linked to this company..

AS IF SHELL COMPANYS DON'T EXSIST!
Isaac Nussen
So what is this guys role in this company?

I think none.... You guys are bashing a stock that has a (REAL)low float not like some of the crap youre touting

THIS IS A NEW COMPANY NEW TECHNOLOGY NOT JEWERY AS THE BASHERS CLAIM WHAT DA'S

---

OWNERS AND MANAGEMENT

The following table sets forth, as of May 20, 2004, 2004, certain information as to the stock ownership of each person known by the Company to own beneficially 5% or more of the Company's outstanding Common Stock, by each director of the Company who owns shares of Common Stock, and by all officers and directors as a group. This table includes the shares of Series A Preferred Stock, which have the right in the aggregate to cast 81% of the total votes which may be cast by the holders of all the outstanding (i) shares of Common Stock and (ii) Series A Preferred Stock.

Name and Address of Beneficial Owner

Number of shares of Common Stock Owned   

Number of shares of Series A Preferred Stock Owned (1)

Percentage of Voting

Rights

Isaac Nussen

c/o Gemz Corp

800 Second Ave., 8 th Fl

New York, NY 10017

0

100,000

27%

George Weiss

800 Second Ave., 8 th Fl

New York, NY 10017

0

100,000

27%

From what other people have given on this company I would avoid it given the chance. Unfortunatly I have already bought in and lost over 50%. It should be me doing the pumping here. Infact do carry on.

I have been watching it closely since I bought it. Yes there has been some activity lately. Up 20% friday. It may be good for a day trade, but going on whats been put forth, nothing longterm. I'm just leaving it in the hope it does something to get my money back.

quote:

---

Originally posted by tic_toc:
lol, you should start a poetry thread, you might become more popular

---

Oh so now it's a Popularity Contest. Figures it is right up the alley of girly men

quote:

---

Originally posted by roger7485:
I dont work for any market maker, I am not "naked short" this piece of crap. But I am honored to be called a "basher" of this stock if it will be able to make only one investor choose not invest, thats money Ill be saving them before the next reverse split of the company. Thank me next year when the company reverse splits. FOR THE 6TH TIME.

---

If anyone else understands "next year" relating to news Friday let me know. LOL

quote:

---

Originally posted by tic_toc:
LOL! good luck

---

dumb ass