The Company will actively seek out acquisitions or license agreements with autonomous technological innovation companies
Salt Lake City, UT, Might 31, 2022 (Globe NEWSWIRE) — Genesis Electronics Team Announces New Business Plan Focusin On Autonomous Technologies
The Organization will actively find acquisitions or license agreements with autonomous technological innovation companies
Salt Lake Town, UT – May perhaps 31, 2022 – Genesis Electronics Group, Inc. (GEGI), now declared that It has launched a new business enterprise program focusing on acquisitions or license agreements with autonomous know-how companies.
The Business will target on pinpointing firms and/or systems in industries this kind of as transportation, stability, flight, and synthetic intelligence in which autonomous systems will be an explosive accelerator to new business enterprise advancement.
“I am really energized to eventually be ready to expose the new concentrate for Genesis Electronics Group” claimed Braden Jones, CEO. “Since I was appointed as CEO of the Corporation, there had been a whole lot of company housekeeping products that necessary to acquire place so that we can move ahead with our small business approach. The settlement with the earlier judgement holder was exceptionally useful as it freed up the Organization to actively grow the business enterprise and supply greater shareholder price. We have been doing work pretty really hard to refine our small business system and we consider that focusing on autonomous technologies will convey the greatest worth to our shareholders.”
Mr. Jones ongoing, “Autonomous technological innovation has fast state-of-the-art over the previous 10 a long time and there are so numerous industries that can be disrupted if these systems were being applied to them. We are assembling a really-qualifed staff of advisors and associates that are making introductions to providers that could be superior candidates for acquisition or licensing agreements. Their knowledge and assistance has been very worthwhile so much. We search ahead to formalizing our associations with these invidivuals and the Company and building these announcements in the in the vicinity of long run, so their worth can be felt by our shareholders.”
In addition to launching the new organization system, the business introduced its new interim site to supply more information and facts to their shareholders. This web-site will be current often as parts of the Company’s company approach unfold. The new web site can be found here: https://www.genesis-electronics.com/.
As portion of the transform of manage procedure from earlier controlling get-togethers and management, the company has submitted the demanded paperwork in the change of command course of action with the OTC Marketplaces. When that method is total, the Firm will be in a position to supply much more steady and correct updates to the markets and its Shareholders.
About Genesis Electronics Group, Inc.
Genesis Electronics Team is assembling a group of autonomous experts to detect companies and/or systems that can be acquired and utilized to distinct industries that are ripe for disruption.
This push launch may well comprise “forward-hunting statements.” Forward-seeking statements are neither historic facts nor assurances of future general performance. In its place, they are based mostly only on our existing beliefs, expectations and assumptions relating to the potential of our enterprise, upcoming strategies and procedures, projections, predicted gatherings and traits, the economic system and other foreseeable future problems. Simply because forward-on the lookout statements relate to the potential, they are topic to inherent uncertainties, threats and improvements in situation that are hard to predict and a lot of of which are exterior of our handle. Our real benefits and economic affliction may differ materially from those people indicated in the forward-on the lookout statements. As a result, you should not rely on any of these forward-on the lookout statements. Essential factors that could result in our true final results and fiscal condition to differ materially from people indicated in the forward-searching statements are included in our filings with the Securities and Trade Fee, together with the “Risk Factors” area of our yearly disclosure report on the OTC Marketplaces for the yr finished December 31, 2020. Any ahead-on the lookout statement designed by us in this release is primarily based only on info at this time readily available to us and speaks only as of the date on which it is manufactured. We undertake no obligation to publicly update any forward-on the lookout statement, no matter whether prepared or oral, that may perhaps be created from time to time, regardless of whether as a outcome of new details, upcoming developments or normally, except as may possibly be expected beneath relevant regulation.
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Genesis Electronics Group, Inc.
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