Salt Lake City, Utah–(Newsfile Corp. – March 4, 2022) – Gaensel Energy Group, Inc., (OTC Pink: GEGR) (“Gaensel” or the “Company”), a diversified holding company announces a corporate update.
As of March 1, 2022, the Company has agreed to terminate 100% of its interest in Swiss Stem Cells Biotech, SA, (SSCB). As of March 1, 2022, the Company has agreed to terminate 100% of its interest Re-You Suisse SA. The termination of these two interests was requested due to financial issues relating to US based ownership of Switzerland based companies. The Company, in consideration of these actions, has been authorized and empowered to establish Stem Cells Biotech in the United States which will have the exclusive rights in North and South America, including Canada. The Company, in consideration of these actions, has been authorized and empowered to establish Re-You SA the United States which will have the exclusive rights in North and South America, including Canada. The company will retain 50% of the ownership of the two United States including the technological and intellectual property.
The Company will be providing additional updates the week of March 7th , including our filing of our Annual Report and information on new corporate transactions.
About Gaensel Energy Group, Inc. (OTC Pink: GEGR):
Gaensel Energy Group asset base currently consists of proven companies in Biotech, Commodities, Health, Beauty – Fashion, Green and Renewable Energy, and Technology. The management teams for each of these divisions are actively seeking similar partners in each space for expansion and additional acquisitions. We have been listed on the United States OTC Markets since 2002 and the Company is current.
Gaensel Energy Group, Inc.
This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Gaensel Energy Group, Inc., (GEGR), and certain of the plans and objectives of GEGR with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITA and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as “anticipates”, “assumes”, “believes”, “estimates”, “expects”, “should”, “will”, “will likely result”, “forecast”, “outlook”, “projects”, “may” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, pension costs and actuarial assumptions, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where GEGR operates, industry consolidation and competition. As a result, GEGR actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements.
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