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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Genesis Electronics Group Inc (CE) | USOTC:GEGI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 00:00:00 |
The company's addition of an online store to its website in the 4th quarter of 2010 has proven highly successful and has generated both sales and increased interest in Genesis Electronics' solar technology. Genesis' store currently features the G-1500™, a solar-powered charger with models designed for the iPhone 3 and iPhone 4 that offers both charging and protective features. Additional products are scheduled to be added in the very near future.
Ed Dillon, President and CEO, said: "The reaction to our initial product offering and online store has been quite positive. We have been receiving an increasing number of calls expressing interest in our solar chargers and becoming an Affiliate, and so our introduction of the Affiliate Program is, in part, a reaction to the market demand. For a limited time, there is no charge or other obligation to enroll in the program and we've constructed it to be as lucrative as possible for the Affiliates. Our aim is to scale the Program as quickly as possible to maximize sales and positive exposure for the company and our technology."
Raymond Purdon, Chairman of the Board of Directors, commented: "Our Affiliate Program will serve to support our other marketing efforts and help establish Genesis Electronics as not only a developer of high-technology, patent-based solar products, but also as a distributor. The feedback from all sectors, consumers and retailers, regarding our technology and product development has been extremely positive. We are continuing to engage in every possible marketing avenue that can promote shareholder value."
For additional information about Genesis Electronics Group, Inc., and its Affiliate Program, visit the company's website at www.genesiselectronicsgroup.com.
Forward-Looking Statements
Except for historical matters, matters discussed in this release are forward-looking and are made pursuant to the safe harbor provisions of the 1995 Private Securities Litigation Reform Act. Investors are cautioned that these statements reflect numerous assumptions and involve risks and uncertainties that may affect Genesis Electronics Group, Inc., its business and prospects, and cause actual results to differ materially from these statements. Among these factors are Genesis Electronics Group, Inc.'s operations; competition; entry barriers; relationship reliance; technological changes; product demand; new systems introduction; vendors pricing; supply of software.
In light of risks and uncertainties in these forward-looking statements, they should not be regarded as a representation by Genesis Electronics Group, Inc. or any other person that the projected results, objectives or plans will be achieved. Genesis Electronics Group, Inc. undertakes no obligation to revise or update these statements to reflect events or circumstances after the date hereof.
CONTACT: Ed Dillon CEO Genesis Electronics Group, Inc. (954) 272-1200
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