Genesis Electronics Group Inc (GEGI)

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Genesis Electronics Group, Inc. ($GEGI)
was able to negotiate with two of its
largest Shareholders to convert 500M
shares of common stock (that is currently
issued and outstanding) into newly
created Series B convertible Preferred
Stock. This will reduce the number of
current shares outstanding of common
stock by 500M shares. This new preferred
stock will have conversion limitations that
make the Shareholders more tied to the
long-term success of the Company. In
addition, this share exchange will free up
common stock that can be used for near-
term financing events as well as cleaning
up debt on the Company's books. We are
very grateful for our Shareholder's belief
in our vision!