GAENSEL ENERGY GROUP INC
$32 Million Revs / Gross Profit $23 Mill 6 Mos
These shares are at bargain levels for a company that had over $32 Mill In Revs 6 Mos 2021 and Gross Profit of $7 Mill .
Shorters were caught off guard earlier this year driving these shares to $2.45, a 52 week high.
With a run rate of over $64 mill in annual revs this holding company has all the right stuff and an extraordinarily capable management team who are precisely executing their business model .
A short squeeze icould be currently at hand and as ,GameStop GME NYSE shorters were routed, This stock will bring heartburn to the best of them . Revenues and earnings tell the story
Serious investors should place these shares on their BUY LIST. We look for a test of the $2.45, 52 week high . Climb aboard !
Gaensel Energy Group, Inc. Subsidiary Officina Della Cialda, SRL And Related Coffee Companies Acquires New Corporate Headquarters and Warehouse Facilities In Italy, Corporate Update on Private Placement Memorandum
Salt Lake City, Utah, June 21, 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 Officina Della Cialda, SRL, our Coffee Subsidiary and now the Managing Company for our related Italy Coffee subsidiaries, Europa 93 Caffe SRL and Bottega Dell Caffe SRL, has acquired a New Corporate Headquarter and over 1.499,00 square meters of warehouse facilities in Via Francesco Lenzi, Milan, Italy.
Gaensel Energy Group, Inc., in its New to the Street first interview on Sunday, 20 June 2021, announced the upcoming release of a Twenty Million USD ($20,000,000) private placement memorandum which will be utilized to provide further capital to its subsidiary companies for expansion and development of our existing businesses but also to fund additional acquisitions within the subsidiary groups. The private placement memorandum will provide a 7.5% interest payment to the private investors utilizing a new class of Preferred Stock, e.g. Preferred Series B which has been approved by the majority shareholders of Gaensel Energy Group, Inc.
Our President, Maria Bomboi, stated: “I am pleased to have the opportunity to spearhead the new Private Placement Memorandum and we have been working with each of the subsidiaries to define the utilization of these funds for expansion for each of our subsidiaries and to take advantage of additional acquisitions within our current investment groups. It was a pleasure today to have the first interview with New to the Street to provide an introduction of our Gaensel Energy Group, Inc. philosophy and business model.”
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.
GEGR Acquires Rights and Engages with BitGoGreen Project Focused on Mining Bitcoin and Other Cryptocurrency by Integrating the Mining Operations with a Hydro-Power Plant
Salt Lake City, Utah–(Newsfile Corp. – May 25, 2021) – Gaensel Energy Group, Inc., (OTC Pink: GEGR) (“Gaensel” or the “Company”), a diversified holding company with assets in Biotech, Software/Gaming and VR, Health, Beauty and Fashion, Technology, CRM & Data, Commodities, Retail Coffee, as well as General Contracting and Patented Building supplies, today announces that it has signed a Memorandum of Understanding and a preliminary purchase agreement to acquire a hydro-power plant company, Idroelettrica Torrente Otro S.r.l., as part of a business plan to set up mining operation for Crypto by using the Green energy that will be generated by the plant, http://www.bitgogreen.com.
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THE LOWEST INDUSTRY CARBON FOOTPRINT HYDROELECTRIC POWER
Hydropower is one of the most effective and lower cost renewable energy sources. It also allows managing resources in a sustainable way and producing with low carbon emissions. It is natural and friendly with the environment. We believe it is crucial that most of the energy consumption comes from natural resources. Our goal is to have the lowest carbon footprint in the industry.
“BitGoGreen” is the name of the overall initiative by GEGR which will cover the energy production and the Crypto operation. In this way, GEGR will enter in one of the key-tech areas of development for the coming years with a sustainability approach to reduce at minimum terms the impact on climate change. The full project will start with the completion of 3MW, (currently subject to the final permits), 100% powered with environmentally friendly hydro power energy plant in Italy over the coming months which will support the Crypto mining operations. This business model of acquisition of the hydro power energy plant and then deployment of the Crypto mining operations will be expanded also in other locations. The acquisition of the entities will be paid in existing outstanding common stock shares of Gaensel Energy Group, Inc. and will not create dilution to existing shareholders. The parties are finalizing the Due Diligence and the obtaining of all local permits to complete the plant that already has absorbed over Five Million USD ($5,000,000) of investment so far.
“BitGoGreen” founder has deeply approved the strategic alliance with GEGR that will generate high potential in the long run to grow up the project significantly and quickly. Through the agreement with GEGR, “BitGoGreen” founder conveyed to GEGR all the rights with regard to the development of the project, which includes the acquisition of the Italian company for the hydro-power plant.
Upon completion of the final agreement, GEGR will implement a Capital Commitment Agreement for 20 Million USD, ($20,000,000).
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
Salt Lake City, UT 84101
Phone: +1 518-567-3649
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/85117
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Writer is paid $5000 by company and purchased personally 30,000 shares at 16 cents. Writer now owns 59,000 shares at a cost of .21 cents as of 7-23-21