General Enterprise Ventures Inc Stock Price, News & Analysis

Mighty Fire Breaker (MFB), a subsidiary of General Enterprise Ventures (GEVI), is now shipping samples of its MFB-31-CitroTech® fire retardant to retailers across the U.S. This launch follows positive feedback from initial home improvement and garden stores. MFB has secured ten unique accreditations, including the EPA Safer Choice and UL GreenGuard Gold, affirming the product's safety and environmental friendliness. Additionally, MFB is introducing MFB-34-CitroTech®, which offers ASTM Class A fire protection for lumber. All products contain zero VOCs, ensuring safety for indoor and outdoor applications.

Mighty Fire Breaker (MFB) has signed a Sales Agreement with Friedman's Home Improvement Stores to distribute its fire inhibitor, MFB-31-CitroTech®, across four locations in Sonoma County, CA. This product is promoted as environmentally friendly and safe for humans and animals, supported by the EPA Safer Choice Program and UL Green-Guard Gold certifications. MFB aims to educate homeowners on fire prevention strategies, particularly in areas vulnerable to wildfires. The partnership will be showcased during Friedman's Garden Days event on April 29 where MFB will engage with the community through its children's book initiative.

Mighty Fire Breaker is set to enhance wildfire protection with its Cloud-Based Telemetry System installed on a multi-million dollar property in Sonoma, CA. This upgrade allows users to monitor tank chemical levels and activate sprinklers remotely via an app before wildfires strike. The Wildfire Defense Systems utilize MFB-31-CitroTech, an environmentally safe fire inhibitor registered with the U.S. EPA Safer Choice Program. This innovative approach aims to reduce wildfire damage and potentially lower insurance premiums for property owners by demonstrating proactive risk mitigation.

Mighty Fire Breaker (MFB) has partnered with NUVIS Technologies to enhance its Proactive Wildfire Defense Program by incorporating smoke detection cameras and monitoring systems. This initiative aims to notify property owners of wildfire threats earlier, allowing them to activate defenses sooner. MFB's chemistry, MFB-31-CitroTech, is part of the EPA Safer Choice Program, providing effective risk reduction. The program targets specialty properties, with the potential for insurance premium discounts in California for proactive wildfire risk mitigation.

General Enterprise Ventures (OTC PINK:GEVI) announced that its subsidiary, Mighty Fire Breaker LLC, has achieved EPA approval for its firefighting product, MFB-31-CitroTech, making it the first wildfire fighting chemistry to receive designation in the Safer Choice Program. The product has passed rigorous testing, including assessments from Underwriters Laboratories and California Aquatic Bioassay Testing, confirming its safety for humans and wildlife. Additionally, it has achieved GREEN-GUARD GOLD Certification for low chemical emissions.

General Enterprise Ventures, Inc. (OTC PINK:GEVI) announced significant updates following its acquisition of Mighty Fire Breaker (MFB). The company is undergoing a name change and seeks FINRA approval. MFB focuses on innovative fire safety solutions, developing Citro-Tech fire inhibitors aimed at reducing firefighting water usage amidst climate challenges. MFB plans to launch products with major retailers and has demonstrated efficacy in fire suppression. Certifications are expected within 12 months, potentially establishing GEVI as a leader in fire safety technology.

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.

General Enterprise Ventures, Inc. (GEVI) provided a recap of its fiscal year 2021, highlighting key operational updates and leadership changes. The company completed its audits to regain SEC reporting compliance and relocated its commercial office to Lima, OH, housing valuable crypto-mining assets worth $300,700 that generate around $35,000 monthly. CEO Joshua Ralston expressed optimism for 2022, aiming to explore new business opportunities to bolster corporate and shareholder value.

General Entertainment Ventures (GEVI) has initiated an NFT development strategy through its subsidiary, Strategic Asset Holdings. This involves minting NFTs for a portfolio from an upcoming Grammy-winning artist and their record label. NFTs provide digital ownership authenticity, similar to certificates for physical items. Interim CEO Jason Tucker expressed enthusiasm about minting NFTs under this new management. The strategy aims to leverage popularity among artists and fans to boost engagement and potential revenue in the digital assets space.