Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$GEVI This was also a good press release. Stay the course with this company you’ll be become very rich.
https://www.accesswire.com/849160/general-enterprise-ventures-inc-otc-gevi-subsidiary-mighty-fire-breaker-mfb-has-signed-a-distribution-agreement-with-skyscout-ai-innovations-inc-for-all-of-canada
$GEVI Over 60 million shares returned to the treasury. The stock is very tightly held one news release of a huge contract and we will see multiple dollars.
$GEVI Great stuff that will make the patient shareholder millionaires.
https://www.cbs8.com/video/news/local/a-new-tool-in-fighting-wildfires-san-diego-fire-rescue-receives-grant-to-purchase-new-fire-inhibiting-products/509-8c7ae753-9b2b-4308-a37b-f12068289cb6
NOPE, don't need to make any money from this POS scam...JUST PROVING that MFB 31 and all the bogus patents are merely and Ralston and Conboy's SMOKE N MIRRORS
SO FAR looks like I am bang on as SIMPLY A RINSE REPEAT of ECOB bankruptcy
BORROW MONEY and don't pay it back
SPEND MORE ON MARKETING that company actually brings in NET revenues = SCAM
$GEVI you out to save the world? I think you’re just bashing to get cheap shares.
READ financials, EVERYONE IS BUYING .12 subscriptions because company NEEDS the money ...END OF STORY
$2,000,000 in borrowed money to SURVIVE last 2 years
GOTTA PAY PEOPLE BACK...well thats Conmans promises but we know end story !!!
Kinda think I maybe talking to Steve
$GEVI this is as cheap as you’re gonna get it so stop the bashing. We all know people bash to get cheap shares. See you at $20.
$GEVI nobody’s regretting owning the stock. But you will eat crow when this hits the upper exchange at $20 a share.
$20 a share means a reverse split ????
DEBT holders will want their $2 millllllllion cash back
Cheaper, like everyone can BUY subscriptions and PFD C at .12
Conman selling those at lemonade stand
WHEN ALL the debtor convert this will be a free fall...exactly like ECOB and then investors leave and bankrupt...RINSE REPEAT of Conman scam
$GEVI you are right the best is yet to come here. By all you can before we have $20 a share.
$GEVI your bashing is not working and you better get in now because you’re not gonna get any cheaper. I know your tactics bash for cheap.
The sellers probably regret believing GEVI was in:
UK, India, Australia, S Africa, Canada, Portugal, Czech, Spain and newly Brazil
AND 6 USA agents ????
USELESS application patents for a 2 ingredient product ( TPC/TEC)...that anyone can copy !!!!!
2 YEARS and GROSS $384k... $2 mil in debt loans and sold PFD C stock
SMOKE N MIRRORS
Hey, i wonder if the individuals or companies that have LOANED GEVI over $2 million [/b]know they are not getting any conversions ?????? and that company only supports the open market shareholders so they maintain the share structure ... LMFAO !!!!!
I surely would assume they see that company has borrowed over $2m and generated only 384k gross (past 2 years) and spent the money wisely...like $148k on marketing and $180k to CEO compensation and so on...imagine they are lining up to give more...NOT !!!!
YA think those that made it through the GEVI mining crypto scam would take their gains and run far away from GEVI....hmmmm,
Some must be staying just to "support" the company....obviously for free as apparently anyone investing doesn't want anything in return from the company?
“$GEVI Debt will never be converted so no worries. They will keep this share structure awesome like the present.”
could be the dumbest thing....no, no it is the dumbest thing I have ever read in otc markets !!
IF PFD holders WONT CONVERT ?? Wonder if these debts will be converted, apparently people just give company money for free !!! LMFAO
BUT Company gives "related consultants" but NOT those that invest real money...what a great company
As of December 31, 2023, and 2022, the current liabilities consisted of accounts payable and accrued liabilities of $54,572, due to related parties of $1,309,077, promissory note of $120,000, convertible note of $54,000
During the year ended December 31, 2023, the Company issued 1,200,000 shares of Convertible Series C Preferred Stock to a related party for consulting services rendered to the Company from October 2021 through July 2023. The Company valued the 1,200,000 shares of Convertible Preferred Stock, as if converted to 24,000,000 shares of common stock, using the quoted stock price of the Company’s common stock at approval date (November 1, 2022), resulting in a value of $8,640,000.
Interesting comment "$GEVI Debt will never be converted so no worries"
SO the 16 people listed in financials that bought subscriptions(PFD C ) ARE NOT going to want to convert shares so they can get a chance to get their money back ???..THEY ALL just gave their money for no return ?????...WOW !
Their money was used but they get no return on their investments...WHAT A GREAT COMPANY TO BE INVOLVED IN LMFAO
Between September 27, 2023, and February 13, 2024, we issued 471,832 shares of Series C Convertible Preferred Stock. The following table summarizes the offering, including the number of shares sold and the amount raised. The proceeds were used for general working capital and operational purposes, including Legal Fees, Accounting and Audit Fees, testing and certification, and preparation to launch product offerings.
$GEVI very few in the way and .90 cents again. Great buying opportunity.
$GEVI Sellers will regret
$GEVI Debt will never be converted so no worries. They will keep this share structure awesome like the present.
WAIT til ALL the debt holders convert.
ALL the Subscriptions and PFD holders...Gonna want their return.
1.8m in loan debts and counting.
BOTTOM falls out soon. Last one in loses.
This is a bigger SCAM then their mining play
Nope, GEVI owns Conmans products, not sure WHY that's so difficult to understand.
And exactly as before Conman can't sell his fake juice.
Spends 148k on marketing, when company grosses 384K ..lmfao
Smoke n mirrors.
10 years selling BS.
Suckered buying subscriptions at .12 and Pfd C ...Stock being sold as product is bogus.
Crows falling outta the sky.
$GEVI long and strong and with this tight share structure and good move we will be $20 a share.
$GEVI You are bashing on the wrong company. You lost money 10 years ago on ECOB.
No comments on the year end????
9 Countries, 6 USA agents...$384k gross ?
GEVI acquired MFB April 2022.
STILL in PROOF OF CONCEPT
Usually a Conboy play is to have BOGUS news follow the financials to continue the scam.
Maybe they got another voluntary eco label certification LMFAO
THE SOLD Pfd C shares to raise $2mil and did $384k gross revs--- OUCH
NET LOSS -$9855019
Accumulative deficit -$ 69,483 666
crows falling from the sky !
Hmmm up list claims and Government contracts LOL
IF MFB31 remotely gets any government orders ALL Phoschek (or another big player) would need to do is add one ingredient to MFB 31 ( tri potassium citrate/triethyl citrate) and BINGO..GEVI ousted by the big boys. Pretty sure the big boys chemists have everything in check and NOT worried about Conboys scam !!
HERE is what NEW AUDITORS feel about GEVI and management...hmmmm
Report of Independent Registered Public Accounting Firm
To the shareholders and the board of directors of General Enterprise Ventures, Inc.
Substantial Doubt about the Company’s Ability to Continue as a Going Concern
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company’s significant operating losses raise substantial doubt about its ability to continue as a going concern.
Management has limited experience operating a public company and is subject to the risks commonly encountered by early-stage companies.
Although our management has experience in operating small companies, our current management has not managed expansion while being a public company. Many investors may treat us as an early-stage company. Also, our management has not overseen a company with considerable growth.
IF anyone reads financials you can buy cheap shares from the company, they are selling subscriptions and PFD C shares by the truck load as that's survival after 2 years LOL.
THEY spent $148,000 on marketing, that's almost half of gross revenues. THAT is a sign of a scam !!!
$GEVI You will eat crow when this most likely uplist and seal the deal on numerous high dollar contracts.
$GEVI Yeah right you want to save the world. lol You want cheaper shares…..
No comments on the year end???? Crow got ur tongue lol
GEVI acquired MFB April 2022.
In a month Q1 gets filed...serve more row for dessert 😉
Merely saving those from Conboy and his scam so IF even ONE doesn't fall for the smoke n mirrors because of my DUE DILIGENCE then all worth while
I FEEL sorry for the internal suckers that bought PFD C at higher prices then the cheap .12 subscriptions.
COMPANY is selling cheap shares SO WHY BUY IN MARKET ... LMFAO
THEY SELL more shares then actual product by a mile !!!!!
crows are dropping from the sky
$GEVI How many shares do you need before you stop your bashing? What other reason would you be around?
$GEVI Another nice volume day. Buying is great
Sorry couldn't wait
Some key points to a $20 uplist stock LMFAO
HOPE they can keep selling Pfd C shares and subscriptions or BANKRUPT !!!
December 31,2023
Gross Profit $387,000 (1 customer 77.01 % of revenues)
Distribution methods
MFB ships directly from its Rohnert Park, California facility, can drop ship large volume orders through toll blenders and has product available at 12 regional retailers for smaller consumers.
tem 2. Properties.
Our Company owns no real property. Our principal office is located at 2170 Allentown Rd, Lima, OH 45808 which is commercial space under on one year lease agreement at $500 per month In addition, the Company leases commercial space for retail and warehousing at 5050 Commerce Blvd., Rohnert Park, CA 90928, which is under a two year lease agreement at $5,200 per month.
As of December 31, 2023, the current liabilities consisted of accounts payable and accrued liabilities of $54,572 , due to related parties of $1,309,077, promissory note of $120,000 , convertible note of $54,000.
CASH liabilities= -$ 1,537,649
Total Operating expenses - $ 10,237,828
G&A - $ 584,434
Marketing - $ 148,289
Management comP -$180,000
Cash Flows from Financing Activities
For the year ended December 31, 2023, net cash provided by financing activities was $1,710,100, consisting of $307,500 received from a related party, $907,600 from issuance Convertible Series C Preferred Stock, $500,000 from stock subscriptions, $120,000 from promissory note and repayments of $125,000 to related party.
Recent Sales of Unregistered Securities
Between September 27, 2023, and February 13, 2024, we issued 471,832 shares of Siers C Convertible Preferred Stock. The following table summarizes the offering, including the number of shares sold and the amount raised. The proceeds were used for general working capital and operational purposes, including Legal Fees, Accounting and Audit Fees, testing and certification, and preparation to launch product offerings.
During the year ended December 31, 2023, the Company issued 1,200,000 shares of Convertible Series C Preferred Stock to a related party for consulting services rendered to the Company from October 2021 through July 2023. The Company valued the 1,200,000 shares of Convertible Preferred Stock, as if converted to 24,000,000 shares of common stock, using the quoted stock price of the Company’s common stock at approval date (November 1, 2022), resulting in a value of $8,640,000.
On April 13, 2022, the Company’s board of directors approved the issuance of 1,000,000 Convertible Series C Preferred Stock, with a value of $4,200,000 as consideration for the acquisition of the entity and intellectual property (see Note 3). The holder may exercise shares after an initial lock up period of six (6) months following the date of the agreement and may only exchange a maximum of four (4) million shares in a twelve (12) month period and may not hold or beneficially hold more than 10% of outstanding at any time.
On June 7, 2022, the holder of the Convertible Series C Preferred Stock converted 50,000 shares of the Company’s Convertible Series C Preferred Stock into 1,000,000 shares of the Company’s common shares.
On April 5, 2023, the holder of the Convertible Series C Preferred Stock converted 150,000 shares of the Company’s Convertible Series C Preferred Stock into 3,000,000 shares of the Company’s common shares.
During the year ended December 31, 2023, the Company issued 273,499 shares of Convertible Series C Preferred Stock in connection with subscription agreements signed with investors at prices of $2.40 and $4.00 per share for total amount of $907,600.
During the year ended December 31, 2023, the Company received $500,000 for stock subscriptions. As of December 31, 2023, 183,333 shares were not yet issued and are recorded as preferred stock to be issued in equity.
During the year ended December 31, 2023, the Company issued 1,200,000 shares of Convertible Series C Preferred Stock to a related party for consulting services rendered to the Company from October 2021 through July 2023. The Company valued the 1,200,000 shares of Convertible Preferred Stock, as if converted to 24,000,000 shares of common stock, using the quoted stock price of the Company’s common stock at approval date (November 1, 2022), resulting in a value of $8,640,000.
As of December 31, 2023, and 2022, there were 2,273,499 and 950,000 shares of the Company’s Convertible Series C Preferred Stock issued and outstanding, respectively.
Report of Independent Registered Public Accounting Firm
To the shareholders and the board of directors of General Enterprise Ventures, Inc.
Substantial Doubt about the Company’s Ability to Continue as a Going Concern
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company’s significant operating losses raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.
Management has limited experience operating a public company and is subject to the risks commonly encountered by early-stage companies.
Although our management has experience in operating small companies, our current management has not managed expansion while being a public company. Many investors may treat us as an early-stage company. Also, our management has not overseen a company with considerable growth. Because we have a limited operating history, our operating prospects should be considered in light of the risks and uncertainties frequently encountered by early-stage companies in rapidly evolving markets.
K is out, you want to go first
CROWS are falling from the sky
GEVI smoke n mirrors
$GEVI Good prices and won’t stay down here very long. Better get the cheapies.
Would have expected financials to be posted over weekend and an opening update from CEO this morning...LMFAO
CROWS are falling from the sky !
$GEVI Nice tight spread and good bid support.
Well if they do I will make the product and sell it for less LOL
Nothing proprietary about the product and the patents are all about applications for MFB31
Proof of concept usually doesn't take a decade, let alone the 2 years at GEVI lmfao
$GEVI Truth is you will eat crow when this company likely up list and we trade at $20 a share.
$GEVI NO dilution and a very tight small share structure. They just returned 65 million shares to the treasury. They are doing everything right. All you are is a scare tactic that is not working.
$GEVI Keyword a decade ago. This company has over 40 approved patents.
I wouldn't buy this pos stock if it was par value, CONBOY couldn't deliver the products a decade ago, ruins lives (BEST bud Vuoozo took the fall) bankrupt ECOB, left with IRS debt of $1.2m, other creditors losing a ton (see lawsuits)..and tried a dozen COMPANY NAMES and left his "other" partners in those companies in debt and now off to GEVI...
he's the CONMAN but its gonna catch up with him SOOOOOON !
Fun fact, GEVI has a subscription offer at $0.12....never guess what price Conman had for ECOB offering?
Yep same price $0.12
GEVI is a cut n paste company.
Conman simply following last scam protocols as same products and same claims, same demos, same videos, same interviews.
Wonder who will be the next Vuoozo? Conboy ruined his best buddy's life. Where are ALL the other old partners???
Been 6 different prior companies, where did they all go? Hmmmmm
Truthful, this stock isn't worth more than a penny and wouldn't even pay that for it. Seventy of them is a huge joke and crow being served Monday 😉
FYI, can buy subscriptions at .12 as they are selling these still LOL
What happens when the $2 million in loans all convert and other prom notes and debts ?
Bazinga
$GEVI Bash for cheaper shares is your strategy.
$GEVI When will you get enough shares and stop your scare tactics that don’t work?
Now Conman has CEO lying? 45 patents or pending ??
Last one listed on web site (shows 18 of same) was in 2023..there are NEW ones BUT ALL THE SAME useless application patents...priceless !
MFB31 is tri potassium citrate and triethyl Citrate and HAS NO FIRE CERTIFICATIONS...useless patents on applications for spraying the useless MFB 31 that only has eco labels
SMOKE N MIRRORS
https://ppubs.uspto.gov/pubwebapp/static/pages/ppubsbasic.html
(in search do inventor name and conboy)
US-11911643-B2 feb 27 2024
US-11865390-B2 jan 9 2024
US-11865394-B2 jan 9 2024
Followers
|
43
|
Posters
|
|
Posts (Today)
|
2
|
Posts (Total)
|
3200
|
Created
|
10/18/08
|
Type
|
Free
|
Moderators stealofadeal ITYS |
PER IHUB MGMT |
02-07-2021
DISCLAIMER:
https://investorshub.advfn.com/boards/profilea.aspx?user=1012
*The Board Monitor and herewithin , are not licensed brokers and assume NO responsibility for actions,
investments,decisions, or messages posted on this forum.
CONTENT ON THIS FORUM SHOULD NOT BE CONSIDERED ADVISORY NOR SOLICITATION
AUTHORS MAY HAVE BUYS OR SELLS WITH THE COMPANIES MENTIONED IN TRADING POSTERS SHOULD DUE DILIGENT BUYING OR SELLING.
ALL POSTING SHOULD BE CONSIDERED FOR INFORMATION ONLY. WE DO NOT RECOMMEND ANYONE BUY OR SELL ANY SECURITIES POSTED HEREWITHIN.
ANY trade entered into risks the possibility of losing the funds invested.
• There are no guarantees when buying or selling any security.Any
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |