Gaensel Energy Group, Inc. Signs Annual Media Agreement with “New To the Streets” and Cryptocurrency Update

Rhea-AI Summary

Gaensel Energy Group, Inc. (OTC Pink: GEGR) has entered into an annual agreement with New To The Street for a series of monthly interviews to update investors on company activities. The CEO highlighted the launch of a $20 million private placement and noted the company's growth with over $10 million in gross revenues since its rebranding. Additionally, Gaensel is on track to complete the acquisition of an Italian hydropower plant to enhance its green cryptocurrency mining operations, with funding agreements in progress with London-based investment groups.

Positive

• Engaged in a $20 million private placement to support financial growth.
• Achieved over $10 million in gross revenues since rebranding.
• Acquisition of an Italian hydropower plant to bolster green cryptocurrency mining operations.

Negative

• None.

Salt Lake City, Utah, June 14, 2021 (GLOBE NEWSWIRE) -- Gaensel Energy Group, Inc., (OTC Pink: GEGR) (“Gaensel” or the “Company”), a diversified holding company with assets in Biotech, Cryptocurrency,  Software/Gaming and VR, Health, Beauty and Fashion, Technology, CRM & Data, Commodities, Retail Coffee, as well as General Contracting and Patented Building supplies, is pleased to announce we have signed an annual agreement with “New To The Street” whereas “New To The Street” has agreed to a series of monthly live interviews with management and advisors to the Company and updates on the Companies activities.

New to The Street, https://newtothestreet.com/,  is one of the longest-running US and Internationally sponsored T.V. shows along with its sister show “Exploring the Block” which is focused on Blockchain related news. It has been running across many U.S. Television networks and has been the one-stop place for every blockchain and cryptocurrency-related news since 2009. The show is operated by FMW Media Corp. which also handles its Twitter account and website.

Our new CEO who will be appearing in the first of the “New To The Street” series stated “The Company is embarking on a number of financial products, including a newly released Twenty Million Dollar, ($20,000,000), Private Placement, and is aware of the necessity of educating international investors, family offices, hedge funds, investment manager, pension funds and banks as well as shareholders of the Gaensel Energy rebranding which has taken place since December 2020 and has brought over Ten Million Dollars ($10,000,000) in gross revenues from its newly formed family of Companies.  Our team felt the investment with “New To The Street” is important to ensure investors are aware of the Company and its potential and ensure the share price of our stock is reflective of the values of the assets and revenues of the Company. “

The Company is pleased with the continuation of the green energy cryptocurrency mining operation with the soon to be completed purchase of Investimenti e Partecipazioni Srl, an Italian Hydropower plant, as our first Hydropower facility to empower the cryptocurrency mining operation with green and cost-effective electricity. Our partners are completing funding agreements with London based investment groups to finalize the funding for the mining operations. We will be providing updates in the near future on the completion of this project.

About Gaensel Energy Group, Inc. (OTC Pink: GEGR):
Gaensel Energy Group asset base currently consists of proven companies in Biotech, Commodities, Health, Beauty – Fashion, Green and Renewable Energy, and Technology.  The management teams for each of these divisions are actively seeking similar partners in each space for expansion and additional acquisitions.  We have been listed on the United States OTC Markets since 2002 and the Company is current.  

Gaensel Energy Group, Inc.
57 West 200 South
Suite 300
Salt Lake City, UT 84101
admin@gegrgroup.com
Phone: +1 518-567-3649
https://www.gegrgroup.com

Forward-looking statements
This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Gaensel Energy Group, Inc., (GEGR),  and certain of the plans and objectives of  GEGR with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITA and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as “anticipates”, “assumes”, “believes”, “estimates”, “expects”, “should”, “will”, “will likely result”, “forecast”, “outlook”, “projects”, “may” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, pension costs and actuarial assumptions, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where GEGR operates, industry consolidation and competition. As a result, GEGR actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. 

FAQ

What is Gaensel Energy Group's recent agreement with New To The Street?

Gaensel Energy Group has signed an annual agreement with New To The Street for monthly interviews to update investors on the company's activities.

What financial products is Gaensel Energy Group launching?

Gaensel is launching a $20 million private placement to support its financial growth.

How much revenue has Gaensel Energy Group generated since its rebranding?

Since its rebranding, Gaensel Energy Group has generated over $10 million in gross revenues.

What acquisition is Gaensel Energy Group pursuing to enhance its cryptocurrency mining?

Gaensel is in the process of acquiring an Italian hydropower plant to improve its green cryptocurrency mining operations.