Gaensel Energy Group, Inc. (OTC Pink: GEGR) has announced a corporate update for the six months ending June 30, 2021. The company reported revenues of $31.7 million and pre-tax income of $17.4 million. Gaensel has engaged Olayinka Oyebola & Co as its external audit firm to facilitate SEC filings and enable dual-listing on European stock markets. The company is current with OTC Markets Pink Tier and has made more than 15 acquisitions. These moves reflect Gaensel's focus on expansion across various sectors, including Biotech and Technology.
Gaensel Energy Group (OTC Pink: GEGR) has announced the completion of an agreement to acquire majority control of Enjoy St. Moritz TV AG, a Swiss television and media production company. This acquisition is expected to enhance Gaensel's media operations and expand its brand presence in Europe and the U.S. CEO Maria Bomboi emphasized the deal's significance for the company's growth in media production and the potential inclusion of financial news services. Gaensel's diversified asset base includes sectors such as Biotech, Technology, and Commodities.
Gaensel Energy Group, Inc. (OTC Pink: GEGR) announced the acquisition of a new corporate headquarters and 1,499 square meters of warehouse facilities in Milan, Italy, through its coffee subsidiary, Officina Della Cialda. This move is part of a broader strategy to enhance its coffee operations. Additionally, the company plans a $20 million private placement to fund expansion within its subsidiaries, offering a 7.5% interest via Preferred Series B stock. The private placement received majority shareholder approval and aims to support acquisitions and growth across various sectors.
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.