Replies to post #2359 on General Enterprise Ventures Inc (GEVI)

[ITYS]

Conboy is management and the kid (26 old) of Sr Ralston...end of story.
Same product Conman has had for 10 years...FACT
Why can't some just admit it and stop misleading investors. Why help with the scam???? Well people know why lol

[ITYS]

Love when some discuss "share structure" and "tightly held"... REALITY is below and this coming YE will be dismal at best IMO
HOW can a company sustain these debts... well someone's pockets are emptying quickly and that's when Conman disappears ;-)

Operating Expenses
Operating expenses consisted of $749,155 cash paid for professional fees and $361,028 for general and administrative expenses and non-cash stock-based compensation of $8,966,850 in the nine months ended September 30, 2023

Cash Flows from Financing Activities
For the nine months ended September 30, 2023, net cash provided by financing activities consisted of $305,000 received from a related party, $907,600 from preferred stock subscriptions and $120,000 from promissory note.

Net Loss
As a result of the foregoing, we incurred a net loss of - $9,732,672, for the nine months ended September 30, 2023,

Liabilities
As of September 30, 2023, the current liabilities consisted of accounts payable and accrued liabilities of $62,156 and $87,398, due to related party of $1,407,681 , convertible note of $54,000 and $35,000, promissory note of $120,000 and current portion of operating lease liability of $78,250.