General Enterprise Ventures Inc (GEVI)

[DD_dempsey]

$GEVI- has the makings of a monster move

I looked at what appears to be the insider buy set up quote a few months ago and this one has all the make up of a 1000% move from current positions if they bring in a viable entity. I say this- especially with the current SS.

Anyone else find the Move to Delaware quite intriguing? It would seem to me that this would allow for the potential of a 251G - whereby effectuating the potential of eliminating all debt from prior ownerships and allowing for the sustainability of the stock moving forward.

What’s a 251G?
It’s a special merger legally done/ that occurs whereby eliminating debt from prior ownership Or management.

The Holding Company Reorganization was effected by a merger conducted pursuant to Section 251(g) of the Delaware General Corporation Law (the “DGCL”), which provides for the formation of a holding company without a vote of the stockholders of the constituent corporations.

In accordance with Section 251(g) of the DGCL, The. (“Merger Sub”), another newly formed Delaware corporation and, prior to the Holding Company Reorganization, was an indirect, wholly owned subsidiary of the Predecessor, merged with and into the Predecessor, with the Predecessor surviving the merger as a direct, wholly owned subsidiary of the Holding Company (the “Merger”). The Merger was completed pursuant to the terms of an Agreement and Plan of Merger among the Predecessor, the Holding Company and Merger Sub, (the “Merger Agreement”).

IMO- this will be testing .30 pps before we even realize what the heck is even happening here.