Genesis Electronics Group Inc (GEGI): $GEGI this closed out the FORM 1-A May...

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Re: DTGoody post# 53448

Friday, 12/29/2023 10:04:29 AM

Friday, December 29, 2023 10:04:29 AM

$GEGI this closed out the FORM 1-A 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.
https://www.otcmarkets.com/stock/GEGI/news/Genesis-ElectronicsGroup-Announces-Investment-to-Close-Current-Reg-A-Offering?id=399324

This deal never funded.
May 26, 2023 – Genesis Electronics Group, Inc. (GEGI), the maker of the autonomous road-to-rail patent-pending shipping technology, Glid, announced that it has executed loan agreements for a credit facility with 40 Brightwater, LLC, to borrow up to $750,000. The Loan is projected to close and fund, on or before, June 15, 2023. https://www.otcmarkets.com/stock/GEGI/news/Genesis-Electronics-Group-Announces-Execution-of-Credit-Facility-with-40-Brightwater?id=402339

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