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General Enterprise Ventures, Inc. Issues First Shareholder Update of 2022

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General Enterprise Ventures, Inc. (OTC PINK:GEVI) recently provided an update covering Q4 2021 to Q1 2022. Key highlights include the successful completion of the name change from General Environmental Ventures, the removal of the 'shell risk' designation by OTC Markets, and the acquisition of Mighty Fire Breaker. The company aims to apply for OTCQB certification within 45 days to address public profile inconsistencies. The Grand Opening of the Wild Fire Depot is scheduled for April 22, 2022, emphasizing their innovative 'Green Fire Inhibitor' products.

Positive
  • Acquisition of Mighty Fire Breaker enhances product offerings and market position.
  • Removal of 'shell risk' designation reflects positive corporate activity.
  • Company plans to apply for OTCQB certification, aiming for greater visibility and investor confidence.
Negative
  • Public profile inconsistencies may lead to shareholder concerns until resolved.

CHEYENNE, WY / ACCESSWIRE / April 21, 2022 / General Enterprise Ventures, Inc., (OTC PINK:GEVI), recaps recent events from the 4th quarter of 2021 through the first quarter of 2022.

On October 17th, 2021, the Board of Directors and by action of the Majority Shareholder approved the change in name from General Environmental Ventures to General Enterprise Ventures and released an 8k regarding the event on October 19th, 2021.

General Enterprise Ventures, Inc. has completed the name change in the state of Wyoming and taken the required steps with the Company's Transfer Agent (Colonial Stock Transfer) to submit a completed application for FINRA's approval which is currently under review.

On April 18th, 2022, OTC Markets (https://otcmarkets.com) removed the "shell risk" designation from the corporate profile page of "GEVI", which was an indication that the audits provided showed considerable corporate activity and operations. The Company would like to Thank OTC Markets for their consideration on the matter.

It has been brought to the attention of "GEVI" Management that there are inconsistencies regarding the public profile of the Company, and that some of the information available is out-dated. General Enterprise Ventures, Inc. intends to apply for QB Certification, and will strive to meet the stringent criteria to file for OTCQB up-listing within the next 45 days. The Company believes this will correct any informational issues and resolve Shareholder concerns.

On April 13th, 2022, the Company acquired Mighty Fire Breaker (https://mightyfirebreaker.com/), a nationally recognized award winner in the early Fire elimination industry as an innovator and leader in ‘Green Fire Inhibitor' products. An 8k regarding this acquisition was released on April 13th, 2022.

General Enterprise Ventures, Inc. will be participating in the "Grand Opening" of Mighty Fire Breaker's first ever 'Wild Fire Depot' the Pro Environment Market Place in Rohnert Park, California on April 22nd, 2022. The Company will be showcasing its amazing line of CITROTECH based products, several members of the management team will be present during this fire demo events.

The General Enterprise Ventures, Inc. website (https://generalenterpriseventures.com/) is still under construction as content is added, we encourage Shareholders and Investors to check back often.

Contact Information

Twitter: @GEVIOfficial
Website: https://generalenterpriseventures.com/

Forward Looking Statements:

This press release contains forward-looking statements. The words 'believe,' 'may,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'should,' 'plan,' 'could,' 'target,' 'potential,' 'is likely,' 'will,' 'expect' and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

SOURCE: General Enterprise Ventures, Inc.



View source version on accesswire.com:
https://www.accesswire.com/698162/General-Enterprise-Ventures-Inc-Issues-First-Shareholder-Update-of-2022

FAQ

What recent changes has General Enterprise Ventures, Inc. made?

General Enterprise Ventures, Inc. changed its name from General Environmental Ventures and is working on obtaining OTCQB certification.

What does the removal of the 'shell risk' designation mean for GEVI?

The removal indicates increased corporate activity and operational transparency, which may enhance investor confidence.

What is the significance of the acquisition of Mighty Fire Breaker for GEVI?

The acquisition strengthens GEVI's product line in the green fire inhibitor market and positions the company for growth.

When is the Grand Opening of the Wild Fire Depot?

The Grand Opening of the Wild Fire Depot is scheduled for April 22, 2022.

GENERAL ENTERPRISE VENTUR

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27.23M
31.95M
103.28%
Specialty Chemicals
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United States of America
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