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General Enterprise Ventures Appoints Wildfire Prevention and Sustainability Expert Wes Bolsen to Board as an Independent Director

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General Enterprise Ventures (OTC:GEVID) has appointed Wes Bolsen as an independent director to its Board of Directors, replacing John Costa. Bolsen brings over 20 years of executive experience in wildfire prevention and sustainable technologies.

Bolsen's impressive background includes founding and leading LaderaTech, where he secured global licenses from Stanford and MIT for fire retardant technologies. He later joined Perimeter Solutions, managing wildfire prevention products during its $2 billion NYSE listing. His expertise will support the commercialization of Citrotech, the company's EPA Safer Choice-certified fire retardant.

General Enterprise Ventures (OTC:GEVID) ha nominato Wes Bolsen come amministratore indipendente nel suo Consiglio di Amministrazione, in sostituzione di John Costa. Bolsen vanta oltre 20 anni di esperienza dirigenziale nel settore della prevenzione degli incendi boschivi e delle tecnologie sostenibili.

Il suo percorso include la fondazione e la guida di LaderaTech, dove ha ottenuto licenze globali da Stanford e MIT per tecnologie ritardanti di fiamma. Successivamente è entrato in Perimeter Solutions, gestendo prodotti per la prevenzione degli incendi boschivi durante la quotazione in borsa al valore di 2 miliardi di dollari sul NYSE. La sua esperienza sosterrà la commercializzazione di Citrotech, il ritardante di fiamma dell'azienda certificato EPA Safer Choice.

General Enterprise Ventures (OTC:GEVID) ha designado a Wes Bolsen como director independiente en su Junta Directiva, en reemplazo de John Costa. Bolsen aporta más de 20 años de experiencia ejecutiva en prevención de incendios forestales y tecnologías sostenibles.

Su trayectoria incluye la fundación y dirección de LaderaTech, donde consiguió licencias globales de Stanford y MIT para tecnologías retardantes de llama. Más tarde se unió a Perimeter Solutions, gestionando productos de prevención de incendios forestales durante su cotización en el NYSE por 2.000 millones de dólares. Su conocimiento apoyará la comercialización de Citrotech, el retardante de fuego de la compañía certificado por EPA Safer Choice.

General Enterprise Ventures (OTC:GEVID)는 이사회에서 존 코스타(John Costa)를 대신하여 독립 이사로 Wes Bolsen를 임명했습니다. 볼슨은 산불 예방 및 지속 가능 기술 분야에서 20년 이상의 임원 경력을 보유하고 있습니다.

그는 LaderaTech를 창업·이끌며 스탠퍼드와 MIT로부터 소방 지연 기술에 대한 글로벌 라이선스를 확보한 이력이 있습니다. 이후 Perimeter Solutions에 합류해 뉴욕증권거래소(NYSE) 상장(약 20억 달러) 당시 산불 예방 제품을 관리했습니다. 그의 전문성은 회사의 EPA Safer Choice 인증 소방 지연제인 Citrotech의 상업화 지원에 기여할 것입니다.

General Enterprise Ventures (OTC:GEVID) a nommé Wes Bolsen administrateur indépendant au sein de son conseil d'administration, en remplacement de John Costa. Bolsen apporte plus de 20 ans d'expérience en direction dans la prévention des incendies de forêt et les technologies durables.

Parmi ses réalisations, il a fondé et dirigé LaderaTech, obtenant des licences mondiales de Stanford et du MIT pour des technologies retardatrices de flamme. Il a ensuite rejoint Perimeter Solutions, où il a supervisé les produits de prévention des incendies de forêt lors de l'introduction en bourse sur le NYSE pour 2 milliards de dollars. Son expertise soutiendra la commercialisation de Citrotech, le retardateur de feu de la société certifié EPA Safer Choice.

General Enterprise Ventures (OTC:GEVID) hat Wes Bolsen als unabhängigen Direktor in seinen Vorstand berufen und ersetzt damit John Costa. Bolsen verfügt über mehr als 20 Jahre Führungserfahrung in den Bereichen Waldbrandschutz und nachhaltige Technologien.

Zu seinem Werdegang gehört die Gründung und Leitung von LaderaTech, wo er globale Lizenzen von Stanford und MIT für flammhemmende Technologien erwarb. Später wechselte er zu Perimeter Solutions und betreute dort Produkte zur Waldbrandprävention während des 2-Milliarden-Dollar-Börsengangs am NYSE. Seine Expertise soll die Kommerzialisierung von Citrotech unterstützen, dem von der EPA mit Safer Choice zertifizierten Flammschutzmittel des Unternehmens.

Positive
  • Appointment of highly qualified board member with 20+ years of industry expertise
  • New director brings experience from $2 billion NYSE listing at Perimeter Solutions
  • Strategic addition to support commercialization of company's EPA-certified fire retardant technology
Negative
  • Recent share consolidation indicated by temporary 'D' suffix on stock symbol
  • Company currently trades on less liquid OTC market

Industry veteran brings decades of leadership in wildfire prevention, sustainable technologies and commercialization strategies

OCEANSIDE, CALIFORNIA / ACCESS Newswire / September 4, 2025 / General Enterprise Ventures, Inc. (OTC:GEVID), which is currently trading with a temporary "D" suffix following a recent share consolidation, today announced the appointment of Wes Bolsen as an independent director to its Board of Directors. Mr. Bolsen brings more than two decades of executive experience in wildfire prevention and sustainable technologies with a proven track record of guiding innovative solutions from development to large-scale commercialization. He replaces John Costa on the Board.

"We are pleased to have reached a stage in the company's evolution where we can attract top-tier talent with deep industry expertise and a history of impactful leadership," said Ted Ralston, CEO of Mighty Fire Breaker. "Wes's extensive knowledge and proven track record in wildfire prevention will be instrumental as we expand adoption of our technology across government agencies and fire departments."

Mr. Bolsen is a proven entrepreneur and founder of multiple companies, demonstrating a strong track record in building and scaling innovative technologies. He has long been at the forefront of wildfire prevention innovation, having served as a founding executive and CEO of LaderaTech, where he secured global licenses from Stanford University and Massachusetts Institute of Technology (MIT) to successfully bring next-generation fire retardant technologies to market. He later joined Perimeter Solutions where he was responsible for all of the company's wildfire prevention and protection products globally during the company's $2 billion NYSE listing, further showcasing his ability to scale and drive growth.

"I am honored to join the board and contribute to the company's mission," said Wes Bolsen, founding executive and former CEO of LaderaTech. "The chemistry behind Citrotech is truly groundbreaking. As the highest-efficacy, EPA Safer Choice-certified fire retardant on the market, it represents a significant leap forward in environmentally responsible fire prevention. The potential to treat flammable vegetation and wood products far surpasses what has been possible with ammonium phosphate, the industry standard for more than 60 years. I am excited to collaborate with the team to fully commercialize this innovative solution and drive meaningful impact across the industry."

Bolsen holds an MBA from the Stanford Graduate School of Business and a B.S. in Electrical Engineering from Rose-Hulman Institute of Technology, where he graduated summa cum laude. He has been recognized nationally for his leadership in technology commercialization, government affairs, and wildfire prevention strategies.

For more information on Mighty Fire Breaker, visit www.mightyfirebreaker.com.

About General Enterprise Ventures, Inc.

General Enterprise Ventures, Inc., through its wholly owned subsidiary Mighty Fire Breaker, LLC, offers an innovative portfolio of non-toxic and environmentally safe wildfire defense solutions. The Company's offerings include wildfire home defense systems, mobile and ground application systems, and products for use in the manufacturing of fire-resilient building products.

Mighty Fire Breaker's CitroTech fire inhibitor is the only fire inhibitor designated as EPA Safer Choice and also has UL GREENGUARD GOLD certification.

Twitter: @GEVIOfficial
Website:​ https://generalenterpriseventures.com/

Contact:

Brett Maas, Managing Principal
Hayden IR, LLC
brett@haydenir.com
(646) 536-7331

SOURCE: General Enterprise Ventures, Inc.



View the original press release on ACCESS Newswire

FAQ

Who is the new board director appointed to General Enterprise Ventures (GEVID)?

Wes Bolsen was appointed as an independent director, bringing over 20 years of experience in wildfire prevention and sustainable technologies.

What is Wes Bolsen's background and experience in the wildfire prevention industry?

Bolsen was the founding executive and CEO of LaderaTech, secured licenses from Stanford and MIT, and managed wildfire prevention products at Perimeter Solutions during its $2 billion NYSE listing.

What is Citrotech and how does it relate to GEVID's business?

Citrotech is the company's EPA Safer Choice-certified fire retardant, offering higher efficacy than traditional ammonium phosphate solutions for treating flammable vegetation and wood products.

Why does GEVID stock have a 'D' suffix in its symbol?

The 'D' suffix is temporary and indicates a recent share consolidation (reverse stock split) for the company.
General Enterprise Ventures Inc

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