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jedijazz

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Thursday, 01/16/2020 9:05:41 AM

Thursday, January 16, 2020 9:05:41 AM

Post# of 1673
Genesys Industries receives new orders from tier II automotive customer
Jan. 15, 2020 Genesys Industries, Inc. (GEIN)|By: Akanksha Bakshi, SA News Editor

Genesys Industries (OTCPK:GEIN) has received multiple new purchase orders for the precision manufacturing of engineered components from a leading Tier II Automotive Customer which has operations in Ohio and Michigan.

Company expects to engineer, produce and ship these orders over the next month for the current quarter.

Within 2 weeks of January 2020, Company has booked into backlog a total of over $75k of new orders with an average gross profit margins of 86%.

https://seekingalpha.com/news/3532095-genesys-industries-receives-new-orders-from-tier-ii-automotive-customer


ALL comments are In My Own OPINION. Please Use Your Own DD for Stock Trading.

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