ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
Genesis Electronics Group Inc (PK)

Genesis Electronics Group Inc (PK) (GEGI)

0.0007
0.00005
(7.69%)
Closed March 01 04:00PM

Get an advanced news scanner tailored to your needs by ADVFN

Enhance your trading experience

GEGI News

Official News Only

GEGI Discussion

View Posts
JusDePomme JusDePomme 3 hours ago
I feel news next week coming here...forget about filing
πŸ‘οΈ0
 just Scottie just Scottie 6 hours ago
Probably waiting for next filing
πŸ‘οΈ0
 just Scottie just Scottie 10 hours ago
The bots are all over this https://twitter.com/search?q=%24GEGI&src=recent_search_click&f=live
πŸ‘οΈ0
JusDePomme JusDePomme 10 hours ago
I think it's time for this CEO to put out an updated for shareholders ! Let's go!
πŸ‘οΈ0
JusDePomme JusDePomme 10 hours ago
If this flipper just buy .0007 stop fooling on .0008 ....this will go .001+ ....we shall see.
πŸ‘οΈ0
 just Scottie just Scottie 10 hours ago
Not sure, we need to hear more of the plan
πŸ‘οΈ0
 just Scottie just Scottie 10 hours ago
Buy buy buy
πŸ‘οΈ0
The Cheap Investor The Cheap Investor 11 hours ago
To grow the company organically. In your opinion, does this mean the CEO is going to grow the company with financing other than dilution? If he can grow the company without dilution, I think we have a winner.
πŸ‘οΈ0
koolmc koolmc 11 hours ago
yep
πŸ‘οΈ0
JusDePomme JusDePomme 22 hours ago
I understand it's big deal! But we need CEO to confirm it! Than rally will occur!!
πŸ‘οΈ0
 just Scottie just Scottie 22 hours ago
The acquisition of the Fifth Wheel asset is the first of many anticipated acquisitions of similar assets across the country, which effort will be spearheaded initially by our Senior Vice President of Acquisitions, Steven Zabarsky. We believe these efforts will open up opportunities for us to add wholesale and retail assets in the renewable energy and emerging renewable technology markets. Mr. Taylor continued, From my experience in the finance industry, I believe that we have an ability to bring other cash-flow positive businesses within multiple target industry segments into the company, to grow our business organically and to achieve cash flow to the bottom line with every deal. We have a 2026 target of $100 million in company revenues, and we are committed to getting there and growing into our cap structure.

Better than 0 revenue GLID, now isn’t it?
👍️ 1
 just Scottie just Scottie 22 hours ago
SALT LAKE CITY, UT, January 17, 2024 Genesis Electronics Group, Inc. (OTC: GEGI) (the Company), announced that Travis T. Taylor has acquired voting control of the Company. In conjunction with this change in control, the Company acquired 235 Travel Stop, Inc., d/b/a Fifth Wheel Truck Stop. (Fifth Wheel), a Fresno, California, retail truck stop with annual revenues in excess of $11 million, divested itself of its Glid-related assets, which cancelled $2 million in debt and all shares of Series C Preferred Stock, completed an additional $575,000 in debt-to-equity conversions, and installed new management.

That’s big time
πŸ‘οΈ0
koolmc koolmc 2 days ago
otc crypto's haven't been moving much relative to rise in btc. Yes otc market not like the covid years, but since fall till up to now has been great. Although bit of slow down towards end of feb.
πŸ‘οΈ0
 just Scottie just Scottie 2 days ago
Hmmm yeah maybe
πŸ‘οΈ0
JusDePomme JusDePomme 2 days ago
No man! Selling low in volume like this can't justify funders! Appear small holders lost patience!!
πŸ‘οΈ0
JusDePomme JusDePomme 2 days ago
I can now because appear .0001 stock start to settle back down.....no point selling ur holdings and chasing other hot sector! Do u see Bitcoin on fire latley ? But Non of the Bitcoin companies have sympathy to it's rally! We are living in a different error now....can't compare to 2021 hot otcb...
πŸ‘οΈ0
 just Scottie just Scottie 2 days ago
Looks like we have had some dilution
πŸ‘οΈ0
koolmc koolmc 2 days ago
agreed at bottom, but penny players are a fickle bunch most of them don't have patience. As long as it's retail action and share structure is still reasonable will go again.
πŸ‘οΈ0
 just Scottie just Scottie 2 days ago
It would be dumb to sell now. I think we are in for a little nice surprise based on my dd
πŸ‘οΈ0
koolmc koolmc 2 days ago
i can wait question is can you? zzz till we hear from management
πŸ‘οΈ0
JusDePomme JusDePomme 2 days ago
Not sure about u Kool...I have good feeling something big about happen here.....quiet is healthy for stock😁
πŸ‘οΈ0
JusDePomme JusDePomme 2 days ago
That's why I want to see how long this black CEO gonna updated us. I always hate black CEO but I have a good feeling with this CEO. He might get his job done on this gegi.
😨 1 🤐 1 ☠️ 1
koolmc koolmc 2 days ago
the new management need to speak and keep us updated
πŸ‘οΈ0
JusDePomme JusDePomme 2 days ago
Add and fill some more .0006 myself today
πŸ‘οΈ0
 just Scottie just Scottie 3 days ago
I bought more, just waiting to see what develops
πŸ‘οΈ0
JusDePomme JusDePomme 3 days ago
Scotty r u tire holding? R u buying more? Just curious 😜
πŸ‘οΈ0
JusDePomme JusDePomme 3 days ago
I try to hold patiently with this play ....let's see acquisition news emerging out ....than boom 100%+ $$
πŸ‘οΈ0
koolmc koolmc 4 days ago
fomo, also halving coming.
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
To each his own
πŸ‘οΈ0
JusDePomme JusDePomme 1 week ago
That 10mil sell order dude .0006 will soon be pisss .....why i sell this cheap? Hahahh
👍️ 1
 just Scottie just Scottie 1 week ago
Shes just itching to break out
πŸ‘οΈ0
JusDePomme JusDePomme 1 week ago
Somehow they are aware of it but they don't care about it!
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
Yes
πŸ‘οΈ0
threebabiesbusy threebabiesbusy 1 week ago
I’m going to assume everyone is aware that Kevin D is a partner in this company…..www.Loyal.
πŸ‘οΈ0
oldstocks oldstocks 1 week ago
Resolv Fuel of Fresno
I wonder if this is being set up for fuel contracts
πŸ‘οΈ0
The Cheap Investor The Cheap Investor 1 week ago
Am I missing something? Is there some code among penny stock CEOs that you can't release your tax returns? If you were the CEO of GEGI, would you not release the tax returns? Plus verification that the truck stop is now worth five times the amount it was before? Your net worth would increase greatly in a very short time because shareholders would know you were trustworthy.
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
Looks like it
πŸ‘οΈ0
oldstocks oldstocks 1 week ago
So that is the Colorado connection and so is the Roscoe Travel Plaza
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
In all my years in the otc ive never seen a ceo show his tax returns
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
A new company just established
Same address as the truck stop

https://opencorporates.com/companies/us_ca/6039985
πŸ‘οΈ0
The Cheap Investor The Cheap Investor 1 week ago
The last post I made, another poster came on and and basically said I was an idiot. That may be true, but let me ask you this: you have stated that the VP of GEGI was in a distressed situation. If it was a distressed situation, how can he now claim the property is now worth five times what it was before? Just like the closed-minded poster who called me an idiot, just because I wanted verification the $11 million was real by showing us the tax returns, he claimed I was a fool for not believing what I was told. Unlike that poster, who has a closed-mind, I ask you, if the truck stop has now have an evaluation of five times of what it was worth before, why doesn't he have a firm that specializes in evaluations confirm the VP's statement that the company is now worth five times what it was worth before? All I know is the VP's resume says he has been doing this for 20 years, and instead of him being involved in a larger scale business, he is involved in a penny stock that is not even worth a penny. Just like they could show us the tax returns for the last two years of the truck stop, they could give us a a valid assessment of what the truck stop is worth. I appreciate your due-diligence, but this information should be coming from the company.

Just like GEGI with the Guild technology supposedly had the Port of Washington and all these politicians that were going to provide the money to move the Guild project forward, none of that happened, so how is an investor is supposed to believe anything that comes from a penny stock if it is not backed up with verifiable information? Show us the tax returns and show us the valuation of the truck stop today with official documents. Just remember the stock closed at 0.00065, so investors are not impressed.
👍️ 1
 just Scottie just Scottie 1 week ago
The vp is a real estate broker

https://licensee.io/ca-real-estate/01994903-steven-gary-zabarsky/
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
If this is it the appraisal was $6.5 million in 2016

https://www.erpecnewslive.com/article/530/mz-real-estate-in-fresno-us-adding-petroleum-division
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
Steven and his partner bought a distressed truck stop and wanted to expand the customer base. They performed a light rehab by renovating the restaurant within the truck stop, expanding the parking lot, and repairing the bathrooms and gas pumps. Zabarsky was able to finance the deal using multiple loans, judgment liens, and cash. After executing the light renovations, they got the property appraised and it was valued at almost triple what they originally paid. Ultimately, they decided to hold the property for several years to see how much it would appreciate. Five years later, the partners decided to commence phase two of the rehab – they wanted to take the business to the next level. Currently, they are in the midst of modernizing and expanding the entire property. After running the numbers, they expect the property to be valued at almost five times the initial cost once all renovations are complete. Zabarsky and the rest of his partners at MZ Real Estate Investments do not plan to sell any time soon.

https://www.fortunebuilders.com/student-spotlight-becoming-a-commercial-real-estate-investor/
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
https://www.fortunebuilders.com/single-deal?deal_id=1210
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
And the vp

I have almost 20 years of experience investing and operating businesses. My current focus is in commercial real estate primarily with truck stop/gas station properties. Before becoming an investor, I held various positions in the financial industry. The most pertinent position was at a boutique investment banking firm specializing in middle market companies. While at the firm I was heavily involved in mergers and acquisitions, business valuations, raising capital, and bankruptcy consultations.

https://www.linkedin.com/in/steve-zabarsky-a425656
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
The new ceo

SpotOn Financial is a premier financial services brokerage located at the base of Pikes Peak, in Colorado Springs, Colorado. Although local to Colorado Springs, SpotOn Financial has a diverse client base located throughout the United States and Canada. The company specializes in providing small business owners access to funding, insurance, and business analysis that enable a business owner to capture and leverage cash flow to grow a business. Many clients fall outside the "bank" underwriting box! Not with SpotOn Financial we are the official partner of small business. We utilize our network of accountants, legal professionals, customer service, and support personnel to empower a business owner to focus on business, our services deliver the rest. We provide access to commercial financing, cash flow based lending, leveraged financing, and asset based lending. Our services include business services focused on financial planning for a business, commercial debt settlement, commercial debt consolidation, commercial debt risk analysis, commercial credit repair, commercial lines of credit, and commercial real estate financing. We provide our valued clients with insight into debt strategies that enable a business to utilize collateral or cash flow to build a business and create a return on investment in key areas such as marketing, product design, risk protection, business valuation growth, and business development.

https://www.linkedin.com/in/travis-taylor-057a84119?trk=people-also-viewed_member-name

πŸ‘οΈ0
Scorpio91 Scorpio91 1 week ago
Load more of GEGI or another OTC?
πŸ‘οΈ0
JusDePomme JusDePomme 1 week ago
Only big bidders can detour these 13 mil sellers on ask otherwise small sellers keep wack .0007 . ...good deal for new buyers .0007.
πŸ‘οΈ0
 just Scottie just Scottie 1 week ago
I did last week, may get some more, i feel its gonna take off soon
πŸ‘οΈ0

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 | help@advfn.com