General Enterprise Ventures Inc (PK) (GEVI) Quote

Too funny, first thing you do is go and post on MGON board thinking you actually have an affect. IF YOU COULD post something/anything to support the post would help

GEVI is about to crash n burn and I will be relieved somewhat BUT feel bad so many more will lose investment to Conman !

SEC will catch him soon enough

GET SOME SLEEP youve had a long night shift

OBVIOUSLY you haven't read the S1 bro.
Sorry to bother you after finishing up your night shift

As mentioned many times, TPC with a minor additive of TEC isnt going to impress real investors because the product DOESNT sustain forest fires or Jungbunzlauer (JBL), a leading Swiss manufacturer of biochemicals, manufactures would have used it decades AGO. Or Phoschek chemists would have used it...Conman isn't fooling knowledgeable people

CONBOY took their 2 ingredients and combined them IS ALL because he couldn't replicate AF31 !

SEE his bogus patent below


As disclosed in JBL's product documents, TPC is an organic mineral salt which is so safe to use around children and adults alike. Food scientists worldwide have added TPC to (i) baby/infant formula powder to improve the taste profile, (ii) pharmaceuticals/OTC products as a potassium source, and (iii) soft drinks as a soluble buffering salt for sodium-free pH control in beverages, improving stability of beverages during processing, heat treatment and storage.
Selecting Triethyl Citrate (TEC) as a Preferred Dispersing Agent with Surface Tension Reducing and Surfactant Properties for Use in the Fire Extinguishing Biochemical Liquid Compositions of the Present Invention
[0579]
In the preferred illustrative embodiments of the present invention, the dispersing agent and surfactant used in the fire extinguishing biochemical compositions of the present invention is realized as a food-grade additive component, namely, triethyl citrate (TEC) which functions as a dispersing agent with strong surface tension reducing properties and surfactant properties as well. Triethyl citrate belongs to the family of tricarboxylic acids (TCAs) and derivatives, organic compounds containing three carboxylic acid groups (or salt/ester derivatives thereof).
[0580]
In the aqueous-based fire extinguishing liquid composition concentrate, the dispersing agent functions as temporary dispersing agent for dispersing the metal ions dissolved and disassociated in aqueous solution. As water molecules evaporate from a spray coating of the biochemical composition, typically spray/atomized applied to a surface being attacked by or to be proactively protected from fire, the dispersing agent (i.e. TEC) allows and promotes the formation of thin metallic (e.g. potassium) salt crystal films on surfaces of Class A and Class B fuels. Also, the dispersing agent promotes durability against water and ambient moisture once dried. Thus, spraying smoldering ashes of an extinguished fire, using pressurized water treated with the fire extinguishing additive of the present invention, should significantly help to prevent reignition of fire, while significantly reducing smoke production, and mitigate further damage to the environment.
[0581]
In the preferred embodiment, a relatively minor quantity of triethyl citrate (TEC) liquid is blended with a major quantity of TCP powder in specific quantities by weight and dissolved in a major quantity of water to produce a clear, completely-dissolved liquid biochemical formulation consisting of food-grade biochemicals mixed with water and having highly effective fire extinguishing properties, as proven by testing. The resulting aqueous biochemical solution remains stable without the formation of solids at expected operating temperatures (e.g. 34 F to 120 F).
[0582]
Jungbunzlauer (JBL) also manufactures and distributes its CITROFOL® A1 branded bio-based citrate esters for food-grade, healthcare, pharmaceutical and over the counter (OTC) applications around the world. CITROFOL® A1 triethyl citrate (TEC) esters have an excellent toxicological and eco-toxicological profile, and provide good versatility and compatibility with the tripotassium citrate (TPC) component of the biochemical compositions of the present invention. CITROFOL® A1 branded citrate esters are particularly characterized by highly efficient solvation, low migration and non-VOC (volatile organic compound) attributes. As an ester of citric acid, triethyl citrate is a colorless, odorless liquid which historically has found use as a food additive (E number E1505) to stabilize foams, especially as a whipping aid for egg whites.
[0583]
Broadly described, the fire extinguishing biochemical liquid concentrate solution of the present invention, once proportioned and mixed with proper quantities of water, consist of an aqueous dispersion medium such as water which carries dissolved metal salt cations that (i) interfere with the free radical chemical reactions with the combustion vapor phase of the active fire, and (ii) eventually form thin metal salt crystalline films on the surface substrates being protected from the ignition of fire, as the case may be. The aqueous dispersion medium may be an organic solvent, although the preferred option is water when practicing the present invention, because of its abundance on the planet earth. After the application of liquid spray onto the combustible surface to extinguish an active fire, or to protect against fire ignition, flame spread and smoke development, the aqueous dispersion medium evaporates in the presence of heat, causing the metal salt (i.e. potassium salt) cations to interfere with the free radical chemical reactions within the vapor combustion phase of the fire.
[0584]
While offering some surface tension reducing effects, the main function of the dispersing agent in the biochemical liquid composition is to ensure a relatively uniform and optimal formation of the salt crystalline films on combustible surfaces to be protected, as well as desired uniform dispersion of metal (i.e. potassium) salt cations within the sprayed droplets, misting, add/or vapor clouds produced from the nose of the fire nozzle used to extinguish an actively burning fire, or fuel being sprayed with the fire extinguishing liquid compensation.
[0585]
The fact that CITROFOL® A1 triethyl citrate (TEC) esters are bio-based, odorless, biodegradable and label-free, represents a great advantage over most other dispersing agents, and fully satisfies the toxicological and environmental safety requirements desired when practicing the biochemical compositions of the present invention.
[0586]
In the preferred embodiments of the present invention, the use of CITROFOL® AI triethyl citrate (TEC) esters with tripotassium citrate monohydrate (TPC) dissolved in water as a dispersion solvent, produce fire extinguishing biochemical liquid formulations that demonstrate excellent fire extinguishing properties, and once applied to active fires and Class A fuel, very good fire inhibiting properties. The chemical and colloidal nature of potassium salt ions (which are mineral salt dispersions) present in TPC dissolved in water, is highly compatible with the CITROFOL® A1 triethyl citrate (TEC) ester used as the dispersing agent in the preferred embodiments of the present invention. Also, CITROFOL® A1 triethyl citrate esters are REACH registered and are safe, if not ideal, for use in environmentally sensitive products such as fire extinguishing agents which must not adversely impact human, animal and plant life, ecological systems, or the natural environment.
Specification of Preferred Formulations for the Fire Extinguishing Biochemical Liquid Compositions of Matter According to the Present Invention
Example #1: Liquid-Based Fire Extinguishing Biochemical Composition
[0587]
FIG. 44 illustrates the primary components of a first environmentally-clean aqueous-based fire extinguishing liquid biochemical composition of the present invention consisting of tripotassium citrate (TPC) and triethyl citrate (TEC) formulated as a dispersing agent and surfactant, with water functioning as a solvent, carrier and dispersant in the biochemical composition.
[0588]
Example 1: Schematically illustrated in FIG. 44: A fire-extinguishing biochemical composition was produced by stirring the components into water. The composition comprising: 0.05 pounds by weight of triethyl citrate as coalescing agent, (20.3 milliliters by volume); 5.2 pounds by weight of tripotassium citrate (64 fluid ounces by volume); and 4.4 pounds by weight of water (64 fluid ounces by volume), to produce a resultant solution of total weight of 9.61 pounds having 128 ounces or 1 gallon of volume.
Preferred Weights Percentages of the Components of the Fire Extinguishing Biochemical Liquid Formulation of the Present Invention

$GEVI A .70-.90 cent stock uplisting is not a scam bro!

What an S1 does do is show HOW MUCH Conboy is sucking $$ out of company ( commission fees LMFAO). The Pfd C shares ARE NOT being R/S which Conboy and Ralston Sr own 78.5%
Ralston loans money and takes it all away (int payments) when others invest into company and reaps the PFD C stock rewards

For the year ended December 31, 2022:

In the year of 2022, TC Special Investments, LLC, a 5% stockholder of the Company, advanced to the Company an amount of $784,484 for working capital purpose and paid operating expenses of $108,569 on behalf of the Company.

In the year of 2022, the Company repaid $55,720 owing to the loan payable to TC Special Investments, LLC.

In the year of 2022, the Company paid sales commission fees of $91,500 to Stephen Conboy.

In the year of 2022, the Company paid consulting fees of $126,500 to MFB CA.



For the year ended December 31, 2023:

In September 2023, the Company granted 250,000 shares of Common Stock for services to John Costa, independent director, valued at $90,000.

In September 2023, the Company granted 250,000 shares of Common Stock for services to Jeffery Pomerantz, independent director, valued at $90,000.

In September 2023, the Company issued 1,200,000 shares of Convertible Series C Preferred Stock as consulting services to TC Special Investments, LLC, valued at $8,640,000.

In the year 2023, the Company paid commission fees of $186,500 to Stephen Conboy.
In the year 2023, the Company paid consulting fees of $150,500 to MFB CA.


In the year 2023, TC Special Investments, LLC, advanced to the Company an amount of $307,500 for working capital purpose, and paid operating expenses of $246,425 on behalf of the Company.

In the year 2023, the Company repaid $125,000 owing to the loan payable to TC Special Investments, LLC.

For the six months ended June 30, 2024:

In January 2024, the Company paid management fees of $25,000 to Joshua Ralston.

In April 2024, the Company repaid $60,000 owing to the loan payable to TC Special Investments, LLC.
In June 2024, TC Special Investments, LLC, paid operating expenses of $2,180 on behalf of the Company.

For the six month period in 2024, the Company paid commission fees of $132,000 to Stephen Conboy.
For the six month period in 2024, the Company paid consulting fees of $52,000 to MFB CA.

Issued 20,000 shares of Convertible Series C Preferred Stock for services to one (1) MFB Ohio advisory board member, valued at $348,000.

Issuance 1,250,000 shares of Common Stock for services to five (5) MFB Ohio advisory board members, valued at $1,074,750.

As of June 30, 2024, amounts owing to TC Special Investments LLC and the sole owner of TC Special Investments LLC, was $1,251,257. The amounts owing are unsecured, without interest and due on demand.

GEVI is broke and last attempt to sqeeze money out of any willing investor

NOTICE who the reverse split "doesn't affect" LOL (listed below)

NYSE won't accept a 1 man maangement team and 51% control ownership !

SMOKE N MIRRORS ---why didnt they file a completed S1
WHY didnt they disclose the June 15 board vote for a R/S in june 30 ending Q report in subsequent events??? Let the paid pumpers sell prior?

This is a firm commitment public offering of General Enterprise Ventures, Inc., a Wyoming corporation (the “Company,” “GEVI,” “we,” “us,” or “our”). We are offering 3,500,000 shares of Common Stock, par value $0.0001 (the “Common Stock”), at an assumed initial offering price of $[•]per share of Common Stock, which is based on the last reported sales price of our Common Stock of $[•] on October _____, 2024.

Financial Performance to Date As of June 30, 2024, we had limited revenue and we anticipate incurring operating losses and negative operating cash flow for the next twelve months

Reverse Stock Split On June 15, 2024, our Board of Directors and our stockholders that have in excess of a majority of our voting power approved an amendment to our Articles of Incorporation to effect a reverse stock split with a ratio of 1-for- following the effective time on which the registration statement of which this prospectus forms a part is declared effective by the SEC but prior to the closing of this offering. We intend for the Board of Directors to effect such reverse stock split in connection with the consummation of this offering and our intended listing of our Common Stock on NYSE American, however we cannot guarantee that such reverse stock split will be necessary or will occur in connection with the listing of our Common Stock on NYSE American, or that NYSE American will approve our initial listing application for our Common Stock upon such reverse stock split.

Risks Relating to this Offering and our Reverse Stock-Split
· Investors in this offering will experience immediate and substantial dilution in net tangible book value.
· Our management will have broad discretion over the use of proceeds from this offering and may not use the proceeds effectively.
· Even if a reverse stock split of our Common Stock currently achieves the requisite increase in the market price of our Common Stock for listing of our Common Stock, we cannot assure you that the market price of our Common Stock will remain high enough for such reverse split to have the intended effect of complying with minimum bid price requirement for continued listing.
· Subject to the requirements of controlled company status, there can be no assurance that we will be able to comply with continued listing standards, a failure of which could result in a de-listing of our Common Stock.
· The reverse stock split may decrease the liquidity of the shares of our Common Stock.
· Following the reverse stock split, the resulting market price of our Common Stock may not attract new investors, including institutional investors, and may not satisfy the investing requirements of those investors. Consequently, the trading liquidity of our Common Stock may not improve.
· As a result of the timing of the reverse stock split, uplist to NYSE American and pricing of this offering, potential investors will not have an opportunity to check the actual post-split market price before confirming their purchases in this offering.


Risks Relating to Our Business
· The report of the independent registered public accounting firm on our 2023 and 2022 financial statements contains a going concern qualification.
· We are controlled by one principal stockholder who serves as our Chairman of the Board and our executive officer. Because the principal stockholder controls the outcome of all stockholder votes and thus, the vote of other stockholders is less valuable.
· If we are unable to expand our base of customers, our future growth and operating results could be adversely affected. · If we are unable to expand our base of manufacturers, our future growth and operating results could be adversely affected.
· Various factors outside our direct control may adversely affect manufacturing and distribution of our product. · Interruption of our supply chain could affect our ability to produce or deliver our product and could negatively impact our business and profitability.
· We are subject to the seasonality of wildfires that may occur by acts of God that are inconsistent and unpredictable.
· We are relying exclusively on the skills and expertise of a single-person management team in conducting our business, who does not devote all of his time to managing the Company, and we currently have no full-time employees, which may impede our ability to carry on our business.
· Since we have a limited operating history, it is difficult for potential investors to evaluate our business. · We do not currently have sufficient cash flow to maintain our business.
· Our management has limited experience operating a public company and is subject to the risks commonly encountered by early-stage companies.
· Increased operating costs and obstacles to cost recovery due to the pricing and cancelation terms of our raw materials and support services contracts may constrain our ability to make a profit.
· Governmental regulations relating to environmental product may subject us to significant liability.
· If we do not have sufficient product liability insurance, we may be subject to claims that are in excess of our net worth. Risks Relating to our Indebtedness · We are highly leveraged.
· We could incur additional indebtedness in the future. If new indebtedness is added to our current debt levels, the related risks we now face could increase.


we intend to effect a reverse stock split of our Common Stock in order to obtain NYSE American approval for our listing of our Common Stock. We cannot guarantee that NYSE American will approve our initial listing application for our Common Stock upon such reverse stock split. If our listing application is not approved by NYSE American, we will not be able to consummate this offering and will terminate the offering. NOT TERMINTAING THE R/S LOL

· excludes the number of shares of Common Stock underlying 1,463,750 warrants (with an exercise price of $0.50 per share of Common Stock), $1,171,000 convertible debt (with a conversion price of the lesser of $0.40 per share of Common Stock or a 30% discount to public offering price of this offering), and 2,546,831 shares of Series C preferred stock (convertible at 20 shares of Common Stock for every 1 share of Series C preferred stock).

Well, as mentioned they haven't filed ANYTHING yet but the ploy or decoy is part of Conman/Ralston scam.

WHY would the company even disclose an incomplete S1 registration ????
They don't meet up list criteria to even go onto the QB but shoot for the NYSE

Ive notified SEC complaint that even some on message board have been making a few company predictions....hmmmm wonder how that is? News releases, calling an up list ? I wonder if this insider or PP sold shares at .90 knowing that board made reverse split decision in June hmmmm

SMOKE N MIRRORS as this S1 is all about...except maybe for the REVERSE SPLIT

$GEVI They are setting up to be a merger candidate.

$GEVI This S-1 is the best way to raise money. Top investors come or can come when off the pink sheets.

$GEVI This is the kind of reverse that is to meet the minimum requirements of an uplist.

$GEVI This is awesome news and just what I hoped for a listing on the upper exchange.

Steal, whats your thoughts on this S1 info ?

This offering will only be consummated if NYSE American approves the listing of our Common Stock. NYSE American listing requirements include, among other things, a stock price threshold. As a result, prior to effectiveness, we intend to take the necessary steps to meet NYSE American listing requirements, including but not limited to a consummating a reverse split of our outstanding Common Stock and treasury stock as further discussed below. If NYSE American does not approve the listing of our Common Stock, we will not proceed with this offering. There can be no assurance that our Common Stock will be listed on NYSE American.

Reverse Stock Split

On June 15, 2024, our Board of Directors and our stockholders that have in excess of a majority of our voting power approved an amendment to our Articles of Incorporation to effect a reverse stock split with a ratio of 1-for- following the effective time on which the registration statement of which this prospectus forms a part is declared effective by the SEC but prior to the closing of this offering. We intend for the Board of Directors to effect such reverse stock split in connection with the consummation of this offering and our intended listing of our Common Stock on NYSE American, however we cannot guarantee that such reverse stock split will be necessary or will occur in connection with the listing of our Common Stock on NYSE American, or that NYSE American will approve our initial listing application for our Common Stock upon such reverse stock split.

The reverse stock split will not impact the number of authorized shares of Common Stock which will remain at 1,000,000,000 shares. Unless otherwise noted, the share and per share information in this prospectus reflects, other than in our historical financial statements and the notes thereto, a proposed reverse stock split of the outstanding Common Stock and treasury stock of the Company at a ratio of 1-for- to occur immediately following the effective time on which the registration statement of which this prospectus forms a part is declared effective by the SEC but prior to the closing of this offering.

You will notice IT ISNT COMPLETE or filed. WHY, well more smoke n mirrors IMO

Companies sometimes file an incomplete S-1 to test the waters or signal to investors that they're planning an IPO. It's a way to generate buzz or gauge market interest without fully committing yet. However, without the complete details, such filings can be seen as less serious and might not inspire much investor confidence.
That said, if it’s a repeated pattern, it might raise eyebrows among investors and regulators. Transparency and complete, accurate filings are key in maintaining trust.

Steal, ya may wanna read the new GEVI S1 filing LMFAO
https://www.otcmarkets.com/filing/conv_pdf?id=17892025&guid=bcL-kezd2BpuB3h


EXACTLY what Conboy does when he can't get any more investors money !
File to uplist when they dont even meet OTC criteria...R/S coming
Oh but not all get r/s, not pfd c holders lol

see #2

Here are the key financial requirements for an OTC company to uplist to the NYSE American:

Stockholders' Equity: The company must have a minimum stockholders' equity of $4 million.

Share Price: The company's stock must have a minimum share price of $4.00.

Public Float: At least 25% of the company's shares must be held by the public.

Market Capitalization: The company must meet specific market capitalization requirements, which can vary but generally involve having a market cap of at least $6 million.

Revenue: The company must have reported revenue of at least $750,000 in the most recent fiscal year or two of the last three fiscal years.

Trading Volume: The company's stock must have a minimum average daily trading volume of 2,000 shares over a recent 30-day period.

Steal, if you don't believe me you can even ask your computer
AI will tell you MFB is smoke n mirrors aswell. ALL Conboys next scam as people believe EPA safer labels

Tri potassium citrate (TPC) is generally considered to be a non-persistent substance when applied to vegetation. It doesn't accumulate or persist in the environment, which means it will break down relatively quickly.
Adding triethyl citrate (TEC) to a solution containing tri potassium citrate might affect its persistence on vegetation, but it's not guaranteed to make it last longer.

Tri potassium citrate and triethyl citrate are not typically used as fire retardants for combating forest fires. Fire retardants used in forest fire management are usually phosphate-based or ammonium-based compounds, which are more effective at slowing the spread of wildfires.

Using tri potassium citrate as a fire break might not be very effective. While it has fire-retardant properties, it's primarily used in wood treatment and other applications where it can be applied in a controlled manner. In a forest fire scenario, the effectiveness would likely be limited due to the vast area and the intensity of the fire.

BINGO...why REAL companies with REAL Chemist haven't even bothered with TPC as its Bull Sh^$%^ for forest fires !!!YA think a house framer ( apparently shitty at that aswell or be still doing it) would invent a new forest fire barrier LMFAO
WHY MFB isn't being tested at Missoula as wont pass criteria.

Traditional fire retardants used in forest fire management are usually phosphate-based or ammonium-based compounds, which are more effective at slowing the spread of wildfires. These compounds are designed to create a chemical barrier that can withstand high temperatures and help control the fire's progress.

Steal, ALL Conboy did was copy another company and sold his BS to ralston and investors
Jungbunzlauer has been around for decades and Conboy knows this because that was a ECOB supplier long ago of raw materials and he just copied them !

YA GETTING IT NOW ?
I know you dont care as you got stuck in crypto scam but imagine allthe others being caught in MFB scam !

https://www.jungbunzlauer.com/en/news/view/tpc-in-wood-impregnation?form=MG0AV3

SO CONMANS CLAIMS of "best in world" and he invented etc etc is ALL BULL SH^%& !!!

Steal, here is my point about BS marketing. MFB puts out tweets/X every day and NOW they sponsor a race driver. They make it seem he is the leader when in fact finished 15th in that race LOL

SO LOSE $4M of investors monies and sponsor a race car..WTF...SHOULDNT they spend that money for forest fire certification at Missoula or other real fire certifications and not EPA Voluntary Label awards ????

EXACTLY what Conboy does, marketing and BS ! WHAT A WASTE OF COMPANY MONEY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Mighty Fire Breaker sponsors the No. 15 Ford Mustang Dark Horse driven by Cody Ware in the Rick Ware Racing team1. They made their debut together at the Atlanta race in 2024

The Rick Ware Racing team, sponsored by Mighty Fire Breaker, finished in 15th place in the last race, the 2024 YellaWood 500 at Talladega Superspeedway

For other sponsors of the Rick Ware Racing team, the costs can vary depending on the level of sponsorship and the specific agreements. Here are some general figures:
• Associate Sponsorship: These sponsors typically pay $15,000 to $40,000 per race.
• Secondary Sponsorship: These can range from $10,000 to $30,000 per race.
• Partnership Packages: Some sponsors might opt for more comprehensive packages, which can include additional perks like branded driver fire suits, VIP credentials, and social media content creation. These packages can range from $50,000 to $100,000 per race.

GEVI next Q isnt for another month so PLENTY of time for scam to ride and Ralston/Conboy will probably load up whatever they can for next month as financials come out and be a nightmare for investors to see all the false promises they made to them...then Sh^% hits fan IMO

THEY are probably telling them they plan to uplist LOL

"someday an up listing in my opinion" WELL IT BETTER BE SOON as if you read below I assume last 3 months have only escalated THIER DEBTS !
INVESTORS on next tier will eat them up as they read financials LOL

Subscription received
During the year ended December 31, 2023, the Company received $500,000 for subscription of 183,332 shares of Series C Preferred Stock.
NOW TO HELP YOU, 1 PDF C CONVERTS TO 20 COMMON SHARES SO 183,332 X 20 = 3,666,640 AND EQUALS $0.13 PPS CONVERSION RATE

As of June 30, 2024 , there were 2,546,831 shares of the Company’s Convertible Series C Preferred Stock issued and outstanding, respectively.
SO THESE CONVERSIONS = 50,936,620 common shares SOON TO BE ISSUED

During the six months ended June 30, 2024, the Company obtained $695,000 from eleven (11) lenders in cash for issuance of convertible promissory notes and warrants.

Professional fees (filling their pockets)
The increase in professional fees during the six months ended June 30, 2024, of $2.6 million is primarily due to stock-base management compensation of $1.4 million and stock-based services compensation of $1.2 million.

As of June 30, 2024, the current liabilities consisted of accrued liabilities due to related parties of $1.3 million .
they still owe this convertible debt to RALSTON

THIS IS REALITY,THEY WOULD BE BANKRUPT IF DIDNT SELL SUNSCRIPTIONS
Cash Flows from Operating Activities
We have not generated positive cash flows from operating activities.
For the six months ended June 30, 2024, net cash flows used in operating activities consisted of a net loss of $4.4 million,

I guess never say never on up list but was simply explaining there are criteria's to be met before a company can up list.
One is to be fully reporting to pink current tier FIRST

GEVI doesn't even have a verified profile lol
Need more than a one man - team management
They will need to sell more subscriptions to pay the $15k up list fee as losing $4 million last quarter sure may change lenders minds?

AS I stated before, this is EXCATLY how Conboy ran the ECOB scam ! Tons of BS marketing, hell they SPENT $247k last q on marketing on $108k gross revs LMFAO --- HINT thats a scam !

Now I understand why you do not to debate GEVI, you obviously do not read their financials

Subscription received
During the year ended December 31, 2023, the Company received $500,000 for subscription of 183,332 shares of Series C Preferred Stock.
NOW TO HELP YOU, 1 PDF C CONVERTS TO 20 COMMON SHARES SO 183,332 X 20 = 3,666,640 AND EQUALS $0.13 PPS CONVERSION RATE

As of June 30, 2024 , there were 2,546,831 shares of the Company’s Convertible Series C Preferred Stock issued and outstanding, respectively.
SO THESE CONVERSIONS = 50,936,620 common shares

During the six months ended June 30, 2024, the Company obtained $695,000 from eleven (11) lenders in cash for issuance of convertible promissory notes and warrants.

Professional fees (filling their pockets)
The increase in professional fees during the six months ended June 30, 2024, of $2.6 million is primarily due to stock-base management compensation of $1.4 million and stock-based services compensation of $1.2 million.


As of June 30, 2024, the current liabilities consisted of accrued liabilities due to related parties of $1.3 million .
they still owe this convertible debt to RALSTON


THIS IS REALITY,THEY WOULD BE BANKRUPT IF DIDNT SELL SUNSCRIPTIONS
Cash Flows from Operating Activities
We have not generated positive cash flows from operating activities.
For the six months ended June 30, 2024, net cash flows used in operating activities consisted of a net loss of $4.4 million,

$GEVI Solid stock and someday an uplisting in my opinion.

$GEVI They are not selling any .12 subscriptions.

Whats puzzling is he cried about me threatening his ability to make money off this stock and his family blah blah...YET stock gets pumped to .90 and he's still here ?? So that tells me a different story as to why he is really here, One of Conboys paid pumpers imo !

imagine being caught in crypto scam as HE STATED long ago to me and then sticks around, should be counting his blessings and gone and YET stays to defend Conboy and Ralston who with provided proof are scammers. SHIT, MWWC is one of Ralston's failed crypto scam like GEVI prior and yet he praises that stock aswell ..can't make this sh%^% up !

JUST GLAD he isn't smart enough to be involved with MGON

Furthermore, you lie on our other board because you lack the ability to defend this one. Why should anyone follow your advice if you lie so easily and so willingly. To go after a whole other board all because you are mad at 1 individual. Under the mentality that many have to suffer over the actions of 1.

When we go to your board, we call it a scam with supporting due diligence.

When you go to our board, you call it a scam with vengeance as you've fully admitted.

Who's the real bad guy, Steal?

Both ITYS and myself and the other bashers here aren't here to try and get in at a lower price point or any price point. We are here to inform folks of the scam. It'd be stupid to invest in a company that doesn't know what it wants to be and lost as much money as it has in the last 6 months.

We are all tied up in $MGON as you very well know. Anyone can look at your profile and see your posts as well as make the assumption that you have no idea what you're talking about with the contents of said posts.

$GEVI is a company that doesn't have anything going for it. You said yourself, that you didn't read the company's last financials after I had pointed out to you 4 months after the financials' release that your beloved product was no more. You had no idea they were moving into fire insurance. How can anyone take what you say to have any value?

"try to buy more cheap shares"....bro, if i was going to get into this scam i would buy into the .12 subscriptions or pfd C shares the company has been selling for past year to starve off bankruptcy. ALL IN FINANCIALS lmfao

6000 buys at .70 at opening BUT been 1500 on ASK at .69 and no takers...called manipulation

PEOPLE cant even get out unless bidwhack and stock scam !

$GEVI This is a good low entry point. Great bid support!

$GEVI You keep bashing to try to buy more cheap shares. I keep telling you it’s not going to get cheaper.

GEVI doesn't even have a verified company profile on OTC? Or other required disclosures to be a pink information and you think UPLIST...no wonder you got caught in crypto scam !


OTC Disclosure & News
The company has not provided financial reports or other disclosures to OTC Markets Group.

$GEVI I would love to see an uplist to Nasdaq. Perfectly setting up for that. $$$$$

$GEVI All volume on the ask and very good bid support. Ready to take the next leg up!

$GEVI Nice volume to start the day out. $$$$$

Let me reiterate what Tech may have meant.
You might review companies financials but have no clue what so ever on how to read them

Doesn't seem to phase you that last 6 months company has lost $4 million and did 108 gross profit during PEAK fire season months prior. Any clients would have needed to purchase materials PRIOR to start of fire season. Most forest fire customers purchase in January

BUT if product used as a vegetation spray for residential households, side of road then i guess that's a different scenario and surely doesn't add up to a $25m market cap company and a .70 cent stock price LMFAO !

YOU'VE BEEN CONBOYED !

$GEVI That’s a lie and never stated that at all.

How the hell was that a good day? Nearly no interest in this stock and it's going through an identity crisis. How is this scam still relevant?

How would you know? You've even stated that you don't read your company's financials!

You didn't even know that your beloved product got tabled and the comapny changed directions until MONTHS after the filing lmao

$GEVI Very good bid support

$GEVI Another good day for GEVI. $$$$$

Paid pumper is long been out of this stock, just pretending to save some face ! Projected same things when it was the crypto scam.
Sad these scumbags have no conscience and only care to dump on the ext idiot who believes their scam is real.

Conboy will screw so many investors here that hopefully he and Ralston get caught misleading investors with fake news. Conboy tweets everyday about his BS as he thrives on trying to be center of attention. A wood framer by trade and self proclaimed fire expert, mold specialists, Forest fire technician and NEXT is best fire insurance salesman LOL

Dude is still projecting things on his own stock yet doesn't read his own company's financials. Wild.

Doesn't educate himself, makes unrealistic projections, and lies on other boards with ease because he's mad at ITYS. To any and all who follow this board. You really want to trust Steal? Thank you for coming to my Tech Talks.

$GEVI This will be back up to .85-.90 here soon. It always pops back up.

$GEVI Wow huge bid support!

I think our resident GEVI paid pumper has left the building as sept 25 GEVI won the same award as last year (only 1 in category as no other company cares about useless label) and didn't even praise the amazing voluntary epa label award news release ??? LMFAO

Think pumper knows writing is on wall and took rest f gains. great he recovered from crypto scam but feel bad for the ones that fell into the new trap !

Lets do a bit of math shall we:
You claimed your in at .33 average so say your $1 then gets you 3 shares.
Stock goes to $1 your 3 shares fetch $3 with gains of $2 for every invested dollar.

NOW MGON we are in at .002 so our $1 gets us 500 shares and lets use the .05 target which would fetch $25 for those 500 shares with $24 in gains for every invested dollar.

NOW FACT MGON has the same eco fire blend as GEVI which was the original AF31

BIG difference is GEVI has lost $4m last 6 months alone and NOW pivoted into fire insurance market ?? Hell only thing worse is flood insurance business this scam is dying and as you can see people are trying to exit. Wait til the other 50m in convertible notes get their shares issued...be a blood bath JUST LIKE ECOB !

HEY, you didn't pump GEVI winning the EPA Volunteer safer label award again for 2024

$GEVI This one will hit 1.00 before that Pig MGON hits .05

Well won't take Conboy long to be a self claimed fire insurance specialist .

Fire Insurance is easy to get into LMFAO
They couldn't even manage to get MFB31 accredited for use in forest fire industry and lost $4m last 6 months during peak fire season and now fire insurance....first fire scam don't work, try a different angle

GOOD LUCK with this business !!!!!!

Getting into the fire insurance business involves several key steps and considerations:

Understand the Market: Research the fire insurance market to understand the demand, competition, and regulatory environment. This includes knowing the types of fire insurance policies available, such as homeowners, business, and landlord insurance.

Regulatory Compliance: Obtain the necessary licenses and approvals from state insurance regulators. Each state has its own requirements for insurance companies, including capital requirements, solvency standards, and consumer protection laws.

Capital Requirements: Ensure you have sufficient capital to cover potential claims. This includes setting aside reserves and obtaining reinsurance to mitigate risk.

Develop Policies: Create comprehensive fire insurance policies that cover various risks, such as fire caused by lightning, faulty wiring, and natural disasters. Policies should clearly outline coverage limits, exclusions, and deductibles2.
Risk Assessment: Implement robust risk assessment procedures to evaluate the properties you insure. This includes inspecting properties for fire hazards and determining appropriate premium rates based on risk levels.

Build a Team: Assemble a team of experienced professionals, including underwriters, claims adjusters, and customer service representatives. Their expertise will be crucial in managing policies and handling claims efficiently2.
Marketing and Sales: Develop a marketing strategy to attract customers. This could involve partnerships with real estate agents, mortgage lenders, and other businesses. Utilize digital marketing, social media, and traditional advertising to reach potential clients.

Customer Service: Provide excellent customer service to build trust and retain clients. This includes offering easy-to-understand policies, responsive claims processing, and helpful support.

Technology and Infrastructure: Invest in technology to streamline operations, manage policies, and process claims. This includes using insurance management software and maintaining a secure, user-friendly website.

Continuous Improvement: Regularly review and update your policies, procedures, and risk assessment methods to adapt to changing market conditions and regulatory requirements.

I wouldn't make those assumptions, Steal. It's for sure not hitting $1 and every day is a dip.

$GEVI I think we push near 1.00 again this week. I’m buying dips if we get any.

$GEVI You are right this is a safe place to plant some money and see the investment grow.