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Thursday, May 04, 2023 9:15:15 AM
May 04, 2023 (GLOBE NEWSWIRE) -- Salt Lake City, UT – May 4, 2023 – Genesis Electronics Group, Inc. (GEGI), the maker of the autonomous road-to-rail patent-pending shipping technology, Glid, announced that it has signed the last subscription agreement for $190,000 from Strategic Investor, 40 Brightwater, LLC, which closes out the current Reg A offering. Due to the size of the investment, these shares will be restricted as per Rule 144.
This new Investor believes in the vision and mission of the Company and has provided this cash infusion as a sign of their confidence and support for the Company and Its future.
https://www.otcmarkets.com/stock/GEGI/news/Genesis-ElectronicsGroup-Announces-Investment-to-Close-Current-Reg-A-Offering?id=399324
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