CGE Energy Inc (CGEI)

[Saving Grace]

BRIGHTON, Mich, Feb. 11, 2021 (GLOBE NEWSWIRE) -- CGE Energy, Inc. (OTCPink: CGEI) has taken a strategic step towards the future growth of its subsidiary, Aradatum, Inc. Aradatum has issued 60,000,000 (sixty million) Aradatum Common Shares to its parent, CGE Energy.

The rationale for the issuance is to better enable CGE Energy to transfer these Aradatum Shares proportionally to CGEI Shareholders when Aradatum is officially spun-out. After the spin-out, Aradatum will be free to pursue its own stock listing. This action rewards CGEI Shareholders with an opportunity to participate in the future growth of Aradatum.

Bryan Zaplitny, President of CGE Energy said, "We wanted to take this strategic step now to position Aradatum for future growth and spin-out from CGE. This move enables Aradatum to attract the capital it needs to scale manufacturing and install its self-powered telecommunication infrastructure products."

Has any CGEI shareholder received even a single share? NO!

Over 2 years and going on 3 with this Aradatum SCAM. There is no shares or any public company called Aradatum. It's a scam operation that solicited people into purchasing CGEI shares that no longer trades publicly and this so called Äradatum are the same exact employees and board members as CGEI. 100% Scam operation.