Genesis Electronics Group Inc (GEGI)

[The Cheap Investor]

I am not that smart, so let me ask you a few simple questions, which I hope you can answer. The old CEO raved about the Guild technology, but yet he was unable to raise any funds to move the technology along faster. I am sure there are many companies that would've advanced him the millions of dollars needed to advance the technology if they were offered a share of the profits. The old CEO sold GEGI to the new CEO for a thousand dollars. If there is all this money floating around, why would he sell GEGI so cheap? The owner of the truck stop, who is now the VP of GEGI, sold the truck stop lock stock and barrel for a paltry $17,500. You can't buy half a hot dog stand for $17,500, but yet the VP claimed the truck stop did $11 million in revenue. Why did he sell so cheap if the $11 million in revenue is true and if the new CEO showed shareholders verifiable evidence that the $11 million dollars was a true figure, I'm sure myself and many other investors, would go crazy buying stock at these low prices. GEGI is a publicly traded company so there is absolutely no reason why they should not be willing to show us verifiable financials. I'm sure if you or I were going to buy a business, we would ask for three years of tax returns, and also invoices from companies that we purchased products for for our business. The thing that really bugs me is why would the VP have sold the truck stop so cheap? As you can see from the photos I posted earlier, the property and contents are probably worth millions of dollars. Can you please answer this for me because nobody else seems to be able to.