Genesis Electronics Group, Inc.
GEGI
Other OTC0.00
USD
- -
- -
CIK
0001302913
ISIN
US37185B1044
CUSIP
37185B104
Return %
Stock
S&P500
1Y
0.00
26.53
3Y
-93.33
76.60
5Y
-95.83
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Kevin Damoa
- Full Time Employees
- 1
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- 26 Broad Street Salt Lake City NJ United States of America 07701
- IPO Date
- Jun 29, 2006
- CIK
- 0001302913
- Website
- genesis-electronics.com
- Similar Companies
- Business
- Genesis Electronics Group, Inc. (GEGI) operates as a developmental-stage company focused on autonomous technology solutions and renewable energy opportunities within the transportation and logistics sectors; it previously developed Glīd autonomous electric gliders for attaching to semi-truck trailers to transport cargo across unpaved terrain, paved roads, and railways, alongside earlier pursuits in solar charging technologies for consumer devices and internet services through subsidiaries like Pricester.com and Copia World. The company, founded in 1998 and headquartered at 26 South Rio Grande Street, Suite 2072, in Salt Lake City, Utah, divested its Glīd-related assets in January 2024 amid funding challenges, canceling $2 million in debt and all Series C Preferred Stock; concurrently, it underwent a change in control with Travis T. Taylor assuming the role of CEO and Chairman, acquired 235 Travel Stop, Inc. (d/b/a Fifth Wheel Truck Stop), a Fresno, California-based retail truck stop generating over $11 million in annual revenue, executed $575,000 in debt-to-equity conversions, and installed new management including Steven G. Zabarsky as Senior Vice President of Acquisitions. This strategic pivot positions the firm to pursue acquisitions of cash-flow-positive assets in truck stops, wholesale and retail renewable energy technologies, and adjacent businesses, targeting $100 million in revenues by 2026; it now seeks to license or acquire disruptive autonomous solutions in transportation, autonomous flight for security, delivery, and data collection, and other efficiency-enhancing technologies across industries.
Genesis Electronics Group Announces Cancellation of Loan Agreement with 40 Brightwater, LLC
Genesis Electronics Group's Subsidiary Glīd Partners With Sensored Technologies, Inc To Bring The New Era of Digital Anti-theft Technology To The Shipment Of Cargo And Freight