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GENERAL ENTERPRISE VENTUR - GEVI STOCK NEWS

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General Enterprise Ventures, Inc. (OTC PINK: GEVI), a company based in Cheyenne, Wyoming, is a trailblazer in eco-conscious fire control solutions through its subsidiary, Mighty Fire Breaker (MFB). MFB recently showcased its cutting-edge advancements in fuel treatment technology, featuring Proactive Wildfire Defense Equipment and CitroTech fire chemistry. These innovations have garnered recognition from the EPA's Safer Choice program and have been integral in bolstering the San Diego Fire-Rescue Department's wildfire preparedness initiatives. With a focus on community safety, education, and resilience, GEVI and MFB are at the forefront of combining environmental conservation with public safety to combat wildfires.

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The San Diego Fire-Rescue Department has adopted General Enterprise Ventures, Inc. (GEVI) subsidiary Mighty Fire Breaker's EPA award-winning MFB-31-CitroTech fire chemistry for proactive wildfire defense. This revolutionary food-grade chemistry is a paradigm shift for fire departments, providing a safe and effective way to prevent and stop fires from burning. Mighty Fire Breaker's CitroTech has been accredited as the safest fire retardant and fire inhibitor available, making it kid- and pet-friendly and safe for use around homes. San Diego Fire & Rescue's partnership with Mighty Fire Breaker demonstrates the potential for widespread adoption of this patented technology to mitigate the constant threat of wildfires. The product will be available to SDFR units beginning in February 2024.
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Mighty Fire Breaker (MFB) has signed an Exclusive Agreement with AX FireScout (AX) for the use of AI Smoke Detection Monitoring, aiming to reduce wildfire risk and improve property protection. The partnership involves deploying the CitroTech WFD systems to large resort-type properties and adjacent communities. The AI-powered AX FireScout Smoke Detection Monitoring Camera triggers the MFB Wildfire Defense System, providing early activation for enhanced risk reduction, which is crucial for insurance underwriters. This innovative Wildfire Risk Reduction Program offers property owners improved chances of obtaining fire insurance coverage at more affordable rates, positioning MFB as a leader in wildfire risk reduction science and property protection.
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Mighty Fire Breaker named EPA Safer Choice Product Partner of the Year for its Fire Chemistry, MFB-31-CitroTech®. The recognition is expected to lead to sales growth opportunities. Global fire-retardant markets projected to reach over 9 billion USD by 2027. The company's environmentally responsible products are likely to drive market growth.
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Mighty Fire Breaker's 'Get Proactive Tour' lands in the San Bernardino Mountain Range, addressing the high risk of wildfires. The tour showcases MFB-31-CitroTech's ability to reduce a fire's advance and teaches contractors how to install Wildfire Defense Sprinkler Systems. MFB representatives expect to meet with local insurance agents and realtors interested in MFB's Wildfire Risk Reduction Program. MFB-31-CitroTech is the only fire retardant with the EPA Safer Choice designation.
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FAQ

What is the current stock price of GENERAL ENTERPRISE VENTUR (GEVI)?

The current stock price of GENERAL ENTERPRISE VENTUR (GEVI) is $0.85 as of January 10, 2025.

What is the market cap of GENERAL ENTERPRISE VENTUR (GEVI)?

The market cap of GENERAL ENTERPRISE VENTUR (GEVI) is approximately 27.2M.

What is General Enterprise Ventures, Inc. known for?

GEVI is renowned for its pioneering work in eco-conscious fire control solutions, particularly through its subsidiary, Mighty Fire Breaker (MFB).

What recent advancements has MFB showcased?

MFB has recently unveiled its latest innovations in fuel treatment technology, including Proactive Wildfire Defense Equipment and CitroTech fire chemistry.

How has GEVI partnered with the San Diego Fire-Rescue Department?

GEVI has collaborated with the San Diego Fire-Rescue Department to integrate advanced technology, funded by the San Diego River Conservancy, into strategic wildfire preparedness initiatives.

What recognition has GEVI received for its products?

GEVI's CitroTech fire inhibitor has been approved by the EPA's Safer Choice program, highlighting its commitment to environmental safety and innovation.

What upcoming projects is GEVI focusing on?

GEVI is dedicated to developing systems and processes to support the alleviation of the ongoing insurance crisis in the western United States, demonstrating its proactive approach to addressing critical challenges.
GENERAL ENTERPRISE VENTUR

OTC:GEVI

GEVI Rankings

GEVI Stock Data

27.23M
31.95M
103.28%
Specialty Chemicals
Basic Materials
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United States of America
Cheyenne