The Corporation will actively request acquisitions or license agreements with autonomous technologies organizations
Salt Lake City, UT, May possibly 31, 2022 (Globe NEWSWIRE) — Genesis Electronics Team Announces New Business enterprise Plan Focusin On Autonomous Technologies
The Company will actively look for acquisitions or license agreements with autonomous technology companies
Salt Lake Metropolis, UT – May well 31, 2022 – Genesis Electronics Team, Inc. (GEGI), now announced that It has released a new organization plan concentrating on acquisitions or license agreements with autonomous technological know-how providers.
The Corporation will concentrate on figuring out organizations and/or technologies in industries these types of as transportation, security, flight, and synthetic intelligence wherever autonomous technologies will be an explosive accelerator to new company advancement.
“I am quite thrilled to at last be in a position to reveal the new focus for Genesis Electronics Group” stated Braden Jones, CEO. “Since I was appointed as CEO of the Company, there ended up a good deal of company housekeeping items that needed to acquire place so that we can go ahead with our business strategy. The settlement with the previous judgement holder was extremely precious as it freed up the Corporation to actively develop the company and offer better shareholder price. We have been doing work pretty tricky to refine our business enterprise program and we consider that concentrating on autonomous technologies will provide the greatest benefit to our shareholders.”
Mr. Jones continued, “Autonomous technology has rapidly superior over the earlier 10 several years and there are so numerous industries that can be disrupted if these technologies were applied to them. We are assembling a remarkably-qualifed staff of advisors and associates that are producing introductions to companies that could be good candidates for acquisition or licensing agreements. Their experience and steering has been exceptionally beneficial as a result considerably. We glimpse forward to formalizing our relationships with these invidivuals and the Firm and earning these bulletins in the in close proximity to long term, so their price can be felt by our shareholders.”
In addition to launching the new organization plan, the business launched its new interim site to deliver much more facts to their shareholders. This site will be current usually as parts of the Company’s small business program unfold. The new website can be found right here: https://www.genesis-electronics.com/.
As part of the improve of handle process from prior controlling functions and administration, the organization has filed the needed files in the improve of manage process with the OTC Markets. When that method is entire, the Enterprise will be equipped to deliver much more continual and exact updates to the marketplaces and its Shareholders.
About Genesis Electronics Team, Inc.
Genesis Electronics Group is assembling a crew of autonomous specialists to establish providers and/or systems that can be acquired and utilized to distinct industries that are ripe for disruption.
This press launch may incorporate “forward-searching statements.” Forward-searching statements are neither historical details nor assurances of upcoming effectiveness. As an alternative, they are based mostly only on our present beliefs, anticipations and assumptions with regards to the upcoming of our enterprise, long run ideas and tactics, projections, expected gatherings and tendencies, the financial state and other long run ailments. Because ahead-looking statements relate to the long run, they are subject matter to inherent uncertainties, hazards and changes in instances that are tricky to forecast and many of which are exterior of our manage. Our actual benefits and financial ailment may possibly vary materially from individuals indicated in the forward-on the lookout statements. Consequently, you really should not depend on any of these forward-on the lookout statements. Critical components that could bring about our actual benefits and monetary ailment to differ materially from all those indicated in the ahead-searching statements are provided in our filings with the Securities and Exchange Commission, which include the “Risk Factors” segment of our yearly disclosure report on the OTC Marketplaces for the yr ended December 31, 2020. Any ahead-on the lookout assertion manufactured by us in this launch is centered only on information at the moment offered to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any ahead-looking assertion, no matter if written or oral, that might be manufactured from time to time, no matter if as a outcome of new info, upcoming developments or if not, besides as could be demanded under applicable law.
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