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Genesis Electronics Group, Inc. (OTCMKTS: GEGI) is making an explosive transfer up the charts working over 90% on Friday on over $1 million in greenback quantity. The transfer up comes after an extended hiatus the Firm is again in motion beginning a twitter account on Thursday promising buyers, they may put out official news next week regarding the Firm’s current and future enterprise plans.” Since than GEGI has been beneath heavy accumulation and is gearing up for an enormous week forward. At the moment buying and selling at a tiny $3 million market valuation GEGI has quite a lot of room for progress. If GEGI strikes over $0.007 this might be an enormous one.
Penny shares are as soon as once more heating up and making explosive transfer northbound and we couldn’t be extra enthusiastic about it. Out of the depths of among the works’ days in latest inventory market historical past penny shares all of a sudden began making parabolic strikes. TXTM did quite a bit to carry again confidence to the OTC. Right here’s to GEGI doing the identical this coming week and bringing again the times when TSNP went from triple zeroes to $6 plus.
Genesis Electronics Group, Inc. (OTCMKTS: GEGI) In response to the Firm’s web site: Genesis Electronics Group, Inc. is actively on the lookout for autonomous options to license or purchase. We’re assembling a staff and advisors who’re specialists on this trade to perform our objectives. The transportation trade is ripe for disruption. Whereas many firms give attention to autonomous automobiles and vehicles, there may be untapped potential the place autonomous options can clear up many logistics and transportation issues. Autonomous options can drastically cut back prices and add a lot wanted know-how and assist to present safety options. Including autonomous options to current groups can improve efficiencies, lower prices and save lives. Autonomous options are solely pretty much as good because the software program and synthetic intelligence behind the {hardware}. We’re on the lookout for examined and confirmed machine studying and synthetic intelligence autonomous software program that may be licensed or bought to be leveraged in lots of functions.
GEGI operated for quite a few years as an progressive high-performance pet meals producer that plans on updating its marketing strategy and web site within the close to future. GEGI has created Ambrosia Animals, a pet meals line. Ambrosia Animals started working with GMS Inexperienced Thoughts Options SAS in Colombia to develop a wholesome animal superfood line. They use varied Sacha Inchi merchandise like powder and beverage. Additionally they work with varied animal rescue organizations to assist animals throughout Colombia. There are lots of animals in want of foster houses which is why they took it upon themselves to foster 200+ animals during the last 5 years. A lot of which included bottle-fed kittens and puppies, they used Sacha Inchi beverage to assist complement the kitten and pet method with omega 3,6,9, and a whole vegan protein with all 9 important amino acids. One of many points with regular pet meals is that they use pointless fillers like wheat which many animals are allergic to which causes them to have allergic reactions like rashes and dry pores and skin. Sadly, it additionally means their homeowners need to buy particular meals for them. Ambrosia-Animals meals doesn’t use pointless fillers, it’s all-natural and wholesome, as a result of we would like our furry buddies to have one of the best meals, we may give them.
The final press launch from GEGI was April 11, 2022, when the Firm introduced {that a} personal investor together with the Firm, have negotiated with a former debtor of the Firm to settle their dispute with the Firm. Underneath phrases that weren’t disclosed, the personal investor was assigned the Judgment from the debtor and efficiently obtained a court docket order to dissolve the Orders that have been stopping the corporate from issuing shares and transferring ahead with a stable marketing strategy.
Thanks for everybody’s assist immediately. We’ll put out official information for the corporate subsequent week. Get pleasure from your weekend everybody!
— Genesis Electronics Group, Inc. (@GenesisElectro4) June 17, 2022
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“We’re so happy that we have been in a position to carry on new companions who have been in a position to assist the Firm efficiently negotiate this debt in order that the Seventh Judicial Circuit Courts of St. Johns, Florida would dissolve the Orders that prohibited us from issuing new shares, which has been holding us again for years,” stated Katharina Nanny Bahnsen,
Former CEO of Genesis Electronics Group, Inc. “The dissolution of this court docket order signifies that we are able to now use our inventory to search for thrilling and new enterprise ventures that may carry larger shareholder worth to our shareholders.”
Along with this debt restructure, Katharina Nanny Bahnsen introduced her resignation as Chairwoman, CEO, CFO and another place of the corporate, and the Firm has appointed Braden Jones as the brand new Chairman, CEO and CFO of the Firm. Mr. Jones has over 15 years of expertise within the logistics and transportation trade, not too long ago proudly owning and working a trucking and transportation firm. The Firm plans to supply extra information to the markets and its Shareholders within the close to future concerning an up to date marketing strategy it hopes to execute on.
$GEGI How may I not be part of? pic.twitter.com/7m8vnhWlpm
— Canadian Jennifer ?? (@cdntradegrljenn) June 17, 2022
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At the moment buying and selling at a $7.3 million market valuation GEGI has 1,789,962,921 shares excellent with 307,072,424 shares within the float price $1.2 million. The Firm does carry some debt on the books however not a lot, there may be one notice payable for $1 million. GEGI is an thrilling scenario taking part in out as penny shares warmth up once more and begin making explosive good points. The Firm is again in motion beginning a twitter account on Thursday promising buyers they may put out official information subsequent week regarding the Firm’s current and future enterprise plans.” Buyers are on the lookout for a break over $0.007 right here after which its blue skies forward into copper land. Microcapdaily will probably be masking GEGI so be sure to subscribe to Microcapdaily proper now so that you don’t miss it.
Disclosure: we maintain no place in GEGI both lengthy or quick and now we have not been compensated for this text.
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