−Removed: Market for Common Equity and Restated Stockholder
−Removed: Not applicable
−Removed: Selected Financial Data
−Removed: Management’s Discussion and Analysis or Plan of Operation
−Removed: The words “we,”
−Removed: “us,”
−Removed: “our,”
−Removed: and the “Company,”
−Removed: refer to General Enterprise Ventures, Inc.
−Removed: The words or phrases “may,”
−Removed: “will,”
−Removed: “expect,”
−Removed: “believe,”
−Removed: “anticipate,”
−Removed: “estimate,”
−Removed: “approximate,”
−Removed: or “continue,”
−Removed: “would be,”
−Removed: “will allow,”
−Removed: “intends to,”
−Removed: “will likely result,”
−Removed: “are expected to,”
−Removed: “will continue,”
−Removed: “is anticipated,”
−Removed: “estimate,”
−Removed: “project,”
−Removed: or similar expressions, or the negative thereof, are intended to identify “forward-looking statements.”
−Removed: results could differ materially from those projected in the forward looking statements as a result of a number of risks and uncertainties,
−Removed: including but not limited to:
−Removed: (a) our failure to implement our business plan within the time period we originally planned to
−Removed: and (b) other risks that are discussed in this Quarterly Report or included in our previous filings with the Securities and
−Removed: Exchange Commission (“SEC”).
−Removed: Because the Company was dormant from the period
−Removed: from February 2010 through January 2021, the Company used the following methodology to prepare its financial statements.
−Removed: All assets on
−Removed: the Company’s March 31, 2010 balance were deemed disposed of to a related party for no value for the quarter beginning April 1,
−Removed: All liabilities outstanding as of March 31, 2010 remained on the Company’s balance sheet accruing interest until the quarter
−Removed: ending March 31, 2017 when they were written off due to the expiration of the Statue of Limitations.
−Removed: As a result no MD&A is being
+Added: Market for Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Market Information
+Added: Our Common Stock is quoted on the OTC Pink under the symbol “GEVI.” Our stock is thinly traded on the OTC Markets and there can be no assurance that a liquid market for our common stock will ever develop.
+Added: For the periods indicated, the following table sets forth the high and low bid prices per share of common stock based on inter-dealer prices, without retail mark-up, mark-down or commission and may not represent actual transactions.
+Added: Fiscal Year 2023
+Added: First Quarter
+Added: Second Quarter
+Added: Third Quarter
+Added: Fourth Quarter
+Added: Fiscal Year 2022
+Added: First Quarter
+Added: Second Quarter
+Added: Third Quarter
+Added: Fourth Quarter
+Added: Security Holders
+Added: As of April 2,2024, we estimate there were approximately 721 holders of record and 36,302,150 shares of our Common Stock were issued and outstanding.
+Added: Dividend Policy
+Added: We have not paid any dividends on our common stock since inception and we currently expect that, in the foreseeable future, all earnings (if any) will be retained for the development of our business and no dividends will be declared or paid on our common stock.
+Added: Any future dividends on our common stock will be subject to the discretion of our board of directors and will depend upon, among other things, our earnings (if any), operating results, financial condition and capital requirements, general business conditions and other pertinent facts.
+Added: Recent Sales of Unregistered Securities
+Added: During the past two years, we effected the following transactions in reliance upon exemptions from registration under the Securities Act:
+Added: Between September 27, 2023, and February 13, 2024, we issued 471,832 shares of Siers C Convertible Preferred Stock.
+Added: The following table summarizes the offering, including the number of shares sold and the amount raised.
+Added: The proceeds were used for general working capital and operational purposes, including Legal Fees, Accounting and Audit Fees, testing and certification, and preparation to launch product offerings.
+Added: Series C Preferred Shares Issued
+Added: Amount Raised
+Added: Alta Investments LLC
+Added: Robert Dailey
+Added: FEC Investments LLC
+Added: East Shore Industries LLC
+Added: Gerald Yanowitz
+Added: Joel Yanowitz and Amy Metzenbaum Revocable Trust
+Added: Super Eight Capital Holding Ltd.
+Added: Hunts Road LLC
+Added: Alta Investments LLC
+Added: Super Eight Capital Holding Ltd.
+Added: Michael Feigin
+Added: Noonan 2006 Revocable Trust
+Added: JBCG Enterprises LLC
+Added: Each investor was given adequate access to sufficient information about us to make an informed investment decision.
+Added: None of the securities were sold through an underwriter and accordingly, there were no underwriting discounts or commissions involved.
+Added: No registration rights were granted to any of the purchasers.
+Added: Issuer Purchases of Equity Securities
+Added: Use of proceeds
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.