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I have, got no response
Too much debt
If this is a shell could be good for a merger candidate on down the road?
Hopefully they get on the ball soon. Anyone contact the company lately?
How crazy, the scam continued from that low life Kate Bahnsen to the current scam trash, shut this shit down already
Yep, they sold out for a few bucks to some guy who owned a gas station in the middle of nowhere. Gegi is gone for sure! Good call!! On to the next!
Hey Jimmy remember me just checking in I knew what this thing was going two years ago I didn't realize how right I would be in terms of how low it would go and that there's nothing here I maintained it then and I maintain it now and now these scumbags can't even file financials why cuz it was a scam to begin with. God I'm good at this
No. Nothing has been filed since January.
No idea hopefully
Are they doing something to get this stock back to current status?
Looks like they are changing names to “Genesis Equity Group Inc” is focused on acquiring small to medium companies within multiple industries. We seek to leverage the cash flow and management teams to create returns for our investors and leverage opportunistic growth using proven cash flow management and business expansion principles.
CONTACT
525 N Cascade Avenue, Colorado Springs, CO 80903
https://www.genesis-electronics.com/
Yes it will get current again. Just a matter of time to complete filings.
Sorry meant 24 hours
In the last 35 hours the bots have posted at least 47 times on X
I think they know something is coming
https://x.com/search?q=%24gegi&src=typed_query&f=live
I believe so! They are all current on Nevada state sos with new management
https://esos.nv.gov/EntitySearch/BusinessInformation
Type in Genesis electronics
Is there still any chance this company will get to current status?
You are right. I tried to think with a logical mind, and that is a disadvantage in buying penny stocks. So I will never, ever buy a penny stock again. But let me get your opinion one more time. The CEO has been in charge of a financial institution for the last 23 years. He runs a private company, so therefore the only way he can make a living is by running a business that generates revenue. So I ask you, why would he tarnish his reputation by becoming CEO of a company that is going nowhere? As you know, all mistakes eventually get out on the internet, and that would be a devastating blow to a person in the financial industry. Now either he has to do some kind of huge pump and dump where he can make his money off the stock, or he could use his financial expertise to build GEGI on a firm financial basis. If he does nothing, nobody gains, not him or shareholders. This is the way I think and as you said, there is no place for logic in penny stocks. Thank you for your opinion, and I welcome all other opinions.
A financial guy Pete Hellwig talks about
How good First Republic was.
First Republic's failure was due to a run on deposits following the collapses of Silicon Valley Bank and Signature Bank.
JP Morgan Chase bought the assets of the failed bank.
This is all gambling my friend. You can’t think logically otherwise we get burned.
I'd like your opinion on this theory of mine. There has to be a reason why he is appearing to be so incompetent when it comes to GEGI. I do not believe he could run a financial institution for 23 years without him going out of business a long time ago. I think he has a plan, but for the life of me, I cannot figure that plan out. At this point in time, he has destroyed the value of the company, so why would anybody wish to buy GEGI when there is no value and very little investor satisfaction? What do you think?
I'm so glad I got out of this one a ways back. Fortunately I broke even. There were warning signs with Damoa and with no product on the horizon I went ahead and jumped ship. Good luck to you all. I will say that Volcano was hilarious watching him pump this thing months ago lol.
I got mixed up with another ticker you are correct, sorry for the miss information...
Maybe he’s gonna sell it? Idk I’m just doing DD and presenting it.
How can you say that the treasurer's view is in agreement with the CEO? The CEO has stated their business plan is to obtain a number of truck stops over the years that will generate $100 million in revenue. How much carbon will these large semis spew into the atmosphere while the CEO is saying he is for renewable energy? It certainly seems he is talking out of both sides of his mouth. Also, the CEO has had 23 years of financial experience, and he has let the company go to the Expert Market. A competent auditor would have been able to make financial disclosures to remain current in a very short time, but for some reason the CEO has not done this, and now the stock has been crushed and investor confidence shattered.
Makes sense, he’s the treasurer. His views align with what Travis Taylor said when he took over. He said he likes renewable energy
From Hellwigs profile it says “ I am dedicated to creating positive environmental and social change and I'm interested in collaborating with others driven by purpose. I have particular interests at the intersection of finance and banking, climate change, health, food systems, renewable energy and technology, and have been proud to work with various B Corps to align values with capital objectives. I've held various commercial banking roles in business development, relationship management and underwriting and have experience originating, structuring and syndicating complex debt financings for corporate and non-recourse, project finance transactions. I have experience across loan, private placement and public debt markets and I am adept in financial analysis and modeling, cash flow forecasting, risk assessment, pricing, underwriting, and strategy implementation.
In January when he took over he said “ We believe these efforts will open up opportunities for us to add wholesale and retail assets in the renewable energy and emerging renewable technology markets. Mr. Taylor continued, From my experience in the finance industry, I believe that we have an ability to bring other cash-flow positive businesses within multiple target industry segments into the company, to grow our business organically and to achieve cash flow to the bottom line with every deal. We have a 2026 target of $100 million in company revenues, and we are committed to getting there and growing into our cap structure.”
https://www.genesis-electronics.com/
For whatever reason it won’t let me send gegi sos it just goes to the main page.
If you type in genesis electronics it shows you who the new executives are.
Peter helwig Is one it looks like
https://www.linkedin.com/in/pete-hellwig-7b01906
Why are you even concerned about it? When it gets filings in, then the price goes up. I buy them at the bottom, unlike you.
I only know of 2 and 5 in Canada. It's very risky and they can drop you as a customer at any time. Plus the auxiliary fees are outrageous. I like a wild gamble every now and then. The Alt Reporting are the best.
Why would they? This $Gegi shell now has a ton of debt. I doubt this ever trades again
Just need to get filings back up to date...imo
My broker won't let me by EM stocks.
This may be a long wait! Been 5 months already since they took over from the previous group.
How many other traders on this board can buy this in the US right now?
If nobody replies that would be 0.
It's difficult to open a Canadian broketage account. From what I've read, you need a Canadian address. So I should have said 99% of traders can't buy this because the SEC won't allow trading EM tickers in the US.
So it is way closer to the truth than a lie - you whiny little bitch.
Canada Discount. Need to be in good standing with dividend stocks they let you buy anything.
I'm in USA and just bought GEGI today. So that's another lie spewed from you. Sorry to hear about your handicap.
lol I know you want to be good at OTC stocks like me but you never will. The problem you have is jeoulousy and you pick the wrong ones 😆 🤣 😂
Stop buying dilutive junk and you'll do a little better. SFLM is dumping billions unlike this one. If you play them right, you only need to spend a couple hundred to make 5 figures
Nobody knows what internal problems the company currently might have that caused it to go to Expert Market and Dark/Defunct - but this is definitely NOT a good sign nor a great opportunity (if you can even buy it - you can't in the U.S. for good reason) like a certain poster might want you to believe.
AVOID THIS STOCK!
That's not true. It's in Expert Market.
https://www.otcmarkets.com/stock/GEGI/disclosure
Wow who is your broker?
It gave me 2 milly at .0001
Patience play let's see what it does. Might be a while before they get filings in but this is how I like to play the OTC nowadays
The Glid-related business was divested by the Company which cancelled $2 million in debt and all outstanding Series C Preferred Stock cancellation,
the additional $575,000 in debt-to-equity conversions and Series D Preferred Stock purchases by members of new management.
About Genesis Electronics Group, Inc.
With the recent change in control and acquisition of 235 Travel Stop, the Company has shifted its business focus towards becoming a leading energy company, with a particular focus on becoming a leading renewable energy technology company. Business opportunities adjacent to its core business, including within the transportation and logistics industry, represent an important part of the Companys future. The Companys new direction will serve managements vision of building a generational company based on its people.
GEGI Announces Control Change, Business Acquisition, Divestiture, Debt Cancellations and New Management, Affirms More Diverse Business Strategies
Kevin Damoa resigned as the Sole Director and Officer
Travis T. Taylor has acquired voting control of the Company. In conjunction with this change in control, the Company acquired 235 Travel Stop, Inc., d/b/a Fifth Wheel Truck Stop. (Fifth Wheel), a Fresno, California, retail truck stop with annual revenues in excess of $11 million, divested itself of its Glid-related assets, which cancelled $2 million in debt and all shares of Series C Preferred Stock, completed an additional $575,000 in debt-to-equity conversions, and installed new management.
235 Travel Stop, Inc. d/b/a Fifth Wheel Truck Stop
3767 S Golden State Blvd, Fresno, California 93725
Management needs to get their act into gear and File to get current!
Grace Period
Securities enter a Grace Period when OTC Markets Group is no longer able to confirm that the issuer’s disclosure is current and publicly available as required under Rule 15c2-11. When a security enters a Grace Period, it can continue to be publicly quoted for 15 days. At the end of the 15-day Grace Period, if the required disclosure is not available, the security will move to the Expert Market for unsolicited quoting only, unless OTC Markets Group determines another exception under Rule 15c2-11 applies, such as the Large Company/ADTV exception.
Dark or Defunct
Companies that may not be able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group.
Phone: 559-485-0701
Travis T. Taylor CEO and Chairman of the Board
Steven Zabarsky Senior Vice President of Acquisitions
Eric Newlan Vice President, General Counsel and Board Member
For news and updates, shareholders, prospective investors, and prospective business partners are encouraged to follow the Company on X: @GenesisElectro4
https://twitter.com/genesiselectro4
Travis T. Taylor, stated, Our team is extremely excited to embark on the journey ahead. The acquisition of the Fifth Wheel asset is the first of many anticipated acquisitions of similar assets across the country, which effort will be spearheaded initially by our Senior Vice President of Acquisitions, Steven Zabarsky. We believe these efforts will open up opportunities for us to add wholesale and retail assets in the renewable energy and emerging renewable technology markets. Mr. Taylor continued, From my experience in the finance industry, I believe that we have an ability to bring other cash-flow positive businesses within multiple target industry segments into the company, to grow our business organically and to achieve cash flow to the bottom line with every deal. We have a 2026 target of $100 million in company revenues, and we are committed to getting there and growing into our cap structure.
Prior management determined it to be in the best interests of the Companys shareholders to bring a more broad-based, yet dynamic, business opportunity into the Company, along with a new highly-focused management group.Salt Lake City, UT 84101
26 S Rio Grande St #2072,
Salt Lake City, UT 84101
PUBLISH DATE | TITLE | PERIOD END DATE | STATUS |
---|---|---|---|
11/20/2023 | Quarterly Report - GEGI 9-30-23 Quarterly Report | 09/30/2023 | A |
11/14/2023 | Notification of Late Filing - Notification of Late Filing for period ending 9/30/23 | 09/30/2023 | A |
10/13/2023 | Quarterly Report - Amended-3 June 30, 2023 Quarterly Report | 06/30/2023 | A |
10/12/2023 | Quarterly Report - Amended 6/30/23 Quarterly Report | 06/30/2023 | A |
10/06/2023 | Quarterly Report - Amended 6/30/2023 Quarterly Report | 09/30/2023 | A |
09/28/2023 | Quarterly Report - GEGI Quarterly Report for June 30, 2023 | 06/30/2023 | A |
05/30/2023 | Quarterly Report - Amended 3/31/23 Quarterly Report | 03/31/2023 | A |
05/16/2023 | Quarterly Report - March 31, 2023 Quarterly Report | 03/31/2023 | A |
05/15/2023 | Notification of Late Filing - Notice of Late Filing for March 31, 2023 Report | 03/31/2023 | A |
04/28/2023 | Attorney Letter with Respect to Current Information - Attorney Letter with Respect to Current Information | 12/31/2022 | A |
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