Gaensel Energy Group Inc (GEGR)

[jrsh]

The more I look into GEGR the more confused I get!

They started from scratch in 2021. In the first quarter they showed a net profit of 3.6 million and the pps did shoot up to $2.40 and settled around a buck.

For the whole year 2021 they had a net revenue of about 36 millions and net assets of 22 millions the pps however declined to 12 cents!!!

Last year the net revenue declined to 17 millions while net assets increased to 34 millions. The pps went down furthrt to $ 0.015.

In 2023 Q1 revenue was about 6 millions compared to 2 millions last year however net assets took a big hit from 34 millions last quarter to 17 millions.

SO all in all the pps crashed from the high of 2.40 to the present level in contradiction to all in all positive fundamentals (with some questions and concerns)!

WHY is this and what will be needed to turn the pps around???