The Cheap Investor
3 days ago
Excellent due-diligence. I don't understand how the CEO of GEGI has been able to run a financial institution for 23 years and keep it solvent. First he tells us they are going to acquire truck stops. Well it looks like that's gone. Second he tells us he's going to invest in small and mid-size companies. Now he tells us they are going to be a financial institution that loans $5 million dollars to individuals with no collateral. In this age of stringent lending controls, how do you loan $5 million dollars with no collateral? I really liked the idea of the credit card, but this CEO is simply not trustworthy. Shame on me for believing the CEO the first time, but I will not buy another share of GEGI until we have verifiable proof that he is actually meeting some of the goals he has set for the company. You think with the stink that the last CEO left with investors, the new CEO would have tried to assure investors that he is the real deal. He states that GEGI is available to loan up to $5 million dollars to various individuals, but yet he doesn't have a few dollars to make GEGI current? It would not surprise me if anyone that applies for a loan with GEGI finds their information sold to data brokerages and advertisers, and I also wouldn't be surprised if GEGI gets a referral bonus from legitimate loan companies for sending customers their way. This way GEGI makes money without doing any actual work, but merely sells customer information and receives referral bonuses. Thank you for letting me vent my emotions.
The Cheap Investor
1 week ago
On January 5th, the new CEO of GEGI told investors that GEGI had taken over the truck stop in Texas, which supposedly generated $11 million in revenue. Now that if that were true, that should've provided enough capital to keep the financials up to date. The new CEO also said their business plan was to acquire truck stops across the country. Then they come out and say Peter Hellwig is now associated with the company. Peter Hellwig is an expert in renewable fuel. So why is he involved in GEGI who is going to acquire truck stops that is going to generate hundreds of millions of gallons of diesel fuel into the atmosphere? The GEGI CEO would make a great politician because he is great at giving out misinformation to investors. With 23 years of financial expertise that the CEO has, GEGI should be on investors' radar and the stock price should be substantially higher. In my opinion, the CEO of GEGI has no integrity, just like the former CEO, who told us all investors would profit from the new management coming in.
The Cheap Investor
2 weeks ago
Excuse my ignorance, but on GEGI's release on Jan 5th stating that Travis Taylor was the new CEO, and Steve Z was going to manage the truck stop, what has changed where you say GEGI has new management? Also, Travis Taylor was supposed to have 23 years experience in giving financial advice and loaning out money, but yet he let GEGI fall into the expert market. So what has changed?
just Scottie
2 weeks ago
Yeah https://esos.nv.gov/EntitySearch/BusinessInformation
OFFICER INFORMATION
View Historical Data
Title Name Address Last Updated Status
President Travis T Taylor 525 N. Cascade Ave, Colorado Springs, CO, 80903, USA 03/19/2024 Active
Secretary Steven G Zabarsky 525 N. Cascade Ave, Colorado Springs, CO, 80903, USA 03/19/2024 Active
Treasurer Peter Hellwig 525 N. Cascade Ave, Colorado Springs, CO, 80903, USA 03/19/2024 Active
Director Steven G Zabarsky 525 N. Cascade Ave, Colorado Springs, CO, 80903, USA 03/19/2024 Active
Director Travis T Taylor 525 N. Cascade Ave, Colorado Springs, CO, 80903, USA 03/19/2024 Active
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The Cheap Investor
2 months ago
You are right. I tried to think with a logical mind, and that is a disadvantage in buying penny stocks. So I will never, ever buy a penny stock again. But let me get your opinion one more time. The CEO has been in charge of a financial institution for the last 23 years. He runs a private company, so therefore the only way he can make a living is by running a business that generates revenue. So I ask you, why would he tarnish his reputation by becoming CEO of a company that is going nowhere? As you know, all mistakes eventually get out on the internet, and that would be a devastating blow to a person in the financial industry. Now either he has to do some kind of huge pump and dump where he can make his money off the stock, or he could use his financial expertise to build GEGI on a firm financial basis. If he does nothing, nobody gains, not him or shareholders. This is the way I think and as you said, there is no place for logic in penny stocks. Thank you for your opinion, and I welcome all other opinions.