Genesis Electronics Group Inc (PK) (GEGI) Quote

It's picking up a little bit here

Very nice find oldstocks.

Law speaking of Law the Attorney and board member of Genesis Electronics Group, Inc. is the Attorney to file the Attorney Letter with Respect to Current Information

These board members are probably working to file the Annual Report 12/31/2024 and the Attorney Letter with Respect to Current Information.

These are the listed board members.

Travis T. Taylor, CEO and Chairman of the Board

Steven G. Zabarsky, Senior Vice President of Acquisitions and Board Member

Eric Newlan, Vice President, General Counsel and Board Member

Note: Let this sink in Eric Newlan is the Attorney that filed the last Attorney Letter with Respect to Current Information

They are most likely working on getting the yield sign removed.

Something tells me different I think GEGI is about to breakout. The daily chart looks really good right now.

On January 5th, the new CEO purchased GEGI for $1,000 from the old CEO. On January 27th, the new CEO issued a statement that their business plan was to purchase a number of truck stops over the next two years that would have an evaluation of $100 million. We are seeing no interest in GEGI because the former CEO built up investors expectations and then gave shareholders the middle finger. You would think the new CEO, with 23 years of financial experience, would see the former CEO destroyed shareholder confidence and would give us some new information to renew shareholder confidence. Personally I will not buy or sell another share until I see some proven evidence that the company is on track fulfilling the CEO's promises. Penny stock CEOs are at the bottom of the barrel and the only reason we invest in penny stocks is because of the one in a million chance that the CEO has integrity and will fulfill his promises. Good luck to all of us. We may need it.

I haven't even seen a business plan from the new ceo...I'm not sure there even is one at this point

We may never get a spike

I hate to say it gents but you win some and you lose some...more so losing on the OTC. This is one of them unfortunately.

This is bottom

I and we got a lot invested here. I am upset that the filings have not been filed.
No Nt late filing.
We got the yield sign up.
Incompetent for not keeping us updated and incompetent for not filling
I hope they get them trucks in gear and file to run down that yield sign!

Thank you. You always do great due diligence, but I am completely confused now. According to the article, the VP of GEGI, who was at that time the owner of the truck stop with two other individuals, invested $2 million to buy the truck stop, and then spent $175,000 to upgrade the property. Coming to the present, the former owner who is now the VP, sells everything to the new CEO for $17,500. If the property was valued at $6.5 million a few years ago, what is its value now? Why would he sell so cheap and why would the new CEO who has had 23 years of financial experience and run his own company, want to invest in this truck stop? Now the CEO says he wants the portfolio of truck stops to be valued at $100 million in two years, but yet he has done nothing to attract investor interest. It has been over three months since he took over the company and we had one PR on January 27th outlining his plans for the future. I think shareholders would really appreciate an update what's going on these past three months. If you are a private owner of a company then you have no responsibility to tell anyone your business, but being a publicly traded company after three months you should have the decency to let investors know what is happening.

Nope still waiting 🤪

Is there anything new here with takeover??

lol..I think the Volcano blew his load and has moved on...

thanks for that

It’s an old article but may shed some light on their business plan

https://www.erpecnewslive.com/article/530/mz-real-estate-in-fresno-us-adding-petroleum-division

its like some of these stock are magnets to bad or crooked CEOs

Gee what a surprise. You mean a scam stinky pinky is not a good investment.😀😁😅

yield sign in place now

I don't think so
nothing gonna happen here for a while

https://investorshub.advfn.com/boards/profileb.aspx?user=460265

Have you guys seen Volcano lately? Erupted and disappeared???

Is GEGI ceo working on Filing soon?

classic OTC scam stock

Yep. When you really start to look and analyze these so called 'leaders' (their linkedin page, work history, education, etc.) You'll see trends are either warning signs (or not). The more I learned about Damoa, Just a lot of pomp and no circumstance. No true business substance. An entrepreneur vagabond shadowing as a business CEO, etc. I started selling and moving funds elsewhere. I also believed that the tech wasn't going to address their power needs sufficiently. Also I think the Biden administration's all in model of non fossil renewal energy sources and battery power only is asinine. Right now its not cost effective. Just ask Rivian...ugly vehicles aside. While it was a cool video on the GLID site, it just isn't reality. I think combustion engines are still going to be here for years to come with regards to moving large weight shipping. As for this truck stop, it's truly hilarious. Again, my only hope is that someone with any business sense, integrity and not a 'Nigerian prince' will resurrect the shell in some viable reverse merger or acquisition through a legitimate business that is already generating revenue. Here's to finding another 'Celsius'.

I watch the business news every day and I see companies that were trading $1 or $2 dollars a year ago are now trading between $5 and $10 a share. This is where competent management takes a company. Now I know for a fact there have been a few penny stock companies that have gone from pennies to dollars, so why aren't there more competent, rich CEOs that would take over shells or low-priced penny stocks like GEGI for a very small price? They could then bring in a compliment of competent people to either enhance the product of the company or bring out a new product. The CEO would tell shareholders that he would hire a well-known auditing firm to audit the financials and also buy millions of shares in the open market to show his confidence in the company. I'll bet within a few years, his net worth would be a hundred times what he put into the company.

Idk man this is the bottom of the barrel otc pink

So the new CEO buys GEGI for $1,000. The second thing he does is hire the former owner of the truck stop as VP. Now according to your excellent DD, the truck stop owner filed bankruptcy in 2020 and has lawsuits against him. Why would a CEO with 23 years in finance hire this man as VP in charge of acquisitions with his poor track record? I believe if you were CEO, with all the negativity surrounding GEGI, you would put out a shareholder letter explaining your actions, and your vision for the future. Thank you for reading this.

Ditto

Hey cheap! I really wish I could answer that question. Nothing about this company makes sense to me…. sense are nowhere to be found in this equation. Please share if you figure it out.!

Best
3

The ceo Travis t Taylor looks legit but zubarsky looks shady. Way to many lawsuits against him

Can’t argue with

Unfortunately this happens a lot in the 'shell game'. So is life in the OTC. There were warning signs to me from Kevin Damoa. One tail tale sign is that these guys are into multiple entities in short amounts of time. If they were so highly touted why are they moving from one company to the next in such rapid fashion? They throw around CEO, COO titles like they're going out of style and don't have much substance. I've got a very small position which is worthless but maybe someone will resurrect the shell through a successful company like a reverse merger, etc. One can only hope. These guys remind me of the Nigerian prince schemes. Looking for our money and promising riches beyond compare.

https://www.genesis-electronics.com/investors/

This is new at the bottom as well as address in Colorado “ Genesis Equity Group Inc is focused on acquiring small to medium companies within multiple industries. We seek to leverage the cash flow and management teams to create returns for our investors and leverage opportunistic growth using proven cash flow management and business expansion principles.”

Here is Taylor’s business https://spotonfinancial.com/

If we Don’t see something on this next filing we will have a long wait

I think we have been SCAMED again !!! Nothing makes sense !

Found some bankruptcy documents for the Truck Stop from a couple years ago...can anyone dumb this down, what's it mean exactly?

https://document.epiq11.com/document/getdocumentbycode?docId=3533186&projectCode=OGC&source=DM

https://document.epiq11.com/document/getdocumentbycode?docId=3649626&projectCode=OGC&source=DM

It’s unanswerable based on the info for now.!

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.

Yep...it's a vicious game!

So true! Most of these and many Nasdaq and nyse use the SS as a piggy bank it’s so disturbing. These guys make hundreds of thousands or millions while their stock flounders

It’s an otc sub penny stock….who knows why any of them do what they do. It’s a job/income for most and their main goal is to keep their own income flowing through whatever means possible at the time. Also higher risk takers as are sub penny traders who hope for higher returns. It’s all a game at this level.
JMHO….FWIW
GLT us Both!
3

What’s your reasoning why they pulled out and went private?

Yes I am aware. He is however a partner with Loyal….just like the new CEO so imagine influence behind scenes remains.

Damoa is not a part of GEGI ANYMORE

Kevin Damoa just reposted to his LinkedIn acct.

“Accelerating the switch to sustainable road freight involves implementing new ways of thinking and doing transport. To achieve meaningful business results and ambitious climate targets means that the transition can’t happen on the back of companies with goods to move -- as The Economist pointed out. Freight capacity as a service alleviates them from bearing the high upfront costs of going electric, leaving them with exactly what they need: making sure their goods go where they need to, when they need them. With transformation partners like Einride, we can considerably shorten the road ahead.” Robert Falck CEO of Einride.

i will try but i think he gonna be gone soon

One month like one year to me lol....look at cgac and vtxb and nhmd and abqq etc take only 1 week to go .0003-.0012

It’s not been even two months since the last fiasco. And pink land it’s nothing to wait six months to a year.