General Enterprise Ventures Files S-1/A Amendment
Ticker: CITR · Form: S-1/A · Filed: Feb 14, 2025 · CIK: 894556
Sentiment: neutral
Topics: sec-filing, s-1/a, amendment, company-update
TL;DR
GEVI filed an S-1/A amendment on 2/14/25. Details on financials and past name changes.
AI Summary
General Enterprise Ventures, Inc. filed an S-1/A amendment on February 14, 2025, detailing its business operations and financial status. The company, previously known as General Entertainment Ventures, Inc. and General Environmental Ventures, Inc., is incorporated in Wyoming and operates in the Chemicals & Allied Products sector. The filing includes financial data for the period ending December 31, 2023, and mentions a subsequent event in October 2024.
Why It Matters
This S-1/A filing provides updated information for investors and the public regarding General Enterprise Ventures, Inc.'s financial health and strategic direction.
Risk Assessment
Risk Level: medium — The filing is an amendment to an S-1, indicating ongoing efforts to go public or raise capital, which inherently carries risks.
Key Numbers
- 1000000000 — Filing Value (A significant monetary value listed in the filing, potentially related to offering size or valuation.)
- 97545388 — Filing Value (Another financial figure from the filing, possibly related to liabilities or equity.)
- 2023-12-31 — Fiscal Year End (Indicates the end of the reporting period for which financial data is provided.)
- 2024-10-01 — Subsequent Event Start Date (Marks the beginning of a reported subsequent event period.)
Key Players & Entities
- General Enterprise Ventures, Inc. (company) — Filer of the S-1/A amendment
- 800-401-4535 (dollar_amount) — Business phone number
- 20250214 (date) — Filing date of the S-1/A
- General Entertainment Ventures, Inc. (company) — Former company name
- General Environmental Ventures, Inc. (company) — Former company name
- General Environmental Management, Inc. (company) — Former company name
- 1000000000 (dollar_amount) — A financial figure mentioned in the filing
- 97545388 (dollar_amount) — A financial figure mentioned in the filing
FAQ
What is the primary business of General Enterprise Ventures, Inc.?
General Enterprise Ventures, Inc. operates in the CHEMICALS & ALLIED PRODUCTS sector, SIC code 2800.
When was the company previously known by other names?
The company was formerly known as General Entertainment Ventures, Inc. (name change 20210517), General Environmental Ventures, Inc. (name change 20210517), and General Environmental Management, Inc. (name change 20050427).
What is the company's principal business address?
The business address is 1740H DEL RANGE BLVD, SUITE 166, CHEYENNE, WY 82009.
What is the filing date of this S-1/A amendment?
This S-1/A amendment was filed on February 14, 2025.
Are there any significant financial figures mentioned in the filing?
Yes, the filing lists values such as 1000000000 and 97545388, which likely represent financial metrics.
Filing Stats: 4,590 words · 18 min read · ~15 pages · Grade level 13.6 · Accepted 2025-02-14 15:13:45
Key Financial Figures
- $0.0001 — 0,000 shares of Common Stock, par value $0.0001 (the "Common Stock"), at an initial off
- $4,200,000 — the Company with a value at closing of $4,200,000, and a 10% royalty on gross sales befor
- $7,500,000 — yalty from Mr. Conboy for the amount of $7,500,000. The purchase agreement also states tha
- $35,000 — Mr. Conboy will receive a month fee of $35,000. In addition, the Company has been rec
- $13.6 billion — fire-retardant market is forecast to be $13.6 billion dollars globally by 2034. MFB markets i
- $10,000 — EPA certifications to be not more than $10,000. We believe that the only certification
Filing Documents
- gevi_s1a.htm (S-1/A) — 3265KB
- gevi_ex102.htm (EX-10.2) — 35KB
- gevi_ex103.htm (EX-10.3) — 40KB
- gevi_ex104.htm (EX-10.4) — 69KB
- gevi_ex231.htm (EX-23.1) — 3KB
- gevi_ex991.htm (EX-99.1) — 70KB
- gevi_ex107.htm (EX-FILING FEES) — 21KB
- gevi_ex104img12.jpg (GRAPHIC) — 4KB
- gevi_ex104img13.jpg (GRAPHIC) — 24KB
- gevi_ex104img9.jpg (GRAPHIC) — 4KB
- gevi_ex231img6.jpg (GRAPHIC) — 2KB
- gevi_ex231img4.jpg (GRAPHIC) — 9KB
- gevi_ex104img11.jpg (GRAPHIC) — 3KB
- gevi_ex991img8.jpg (GRAPHIC) — 2KB
- gevi_eximg1.jpg (GRAPHIC) — 4KB
- gevi_drsimg7.jpg (GRAPHIC) — 4KB
- gevi_drsimg6.jpg (GRAPHIC) — 10KB
- gevi_10kaimg3.jpg (GRAPHIC) — 6KB
- gevi_10kaimg2.jpg (GRAPHIC) — 9KB
- gevi_ex991img3.jpg (GRAPHIC) — 3KB
- gevi_ex991img4.jpg (GRAPHIC) — 2KB
- gevi_ex991img7.jpg (GRAPHIC) — 110KB
- 0001640334-25-000280.txt ( ) — 12373KB
- gevi-20240930.xsd (EX-101.SCH) — 101KB
- gevi-20240930_lab.xml (EX-101.LAB) — 472KB
- gevi-20240930_cal.xml (EX-101.CAL) — 60KB
- gevi-20240930_pre.xml (EX-101.PRE) — 417KB
- gevi-20240930_def.xml (EX-101.DEF) — 261KB
- gevi_s1a_htm.xml (XML) — 2367KB
Use of Proceeds
Use of Proceeds 25
Dilution
Dilution 26 Capitalization 27
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 28
Business
Business 39 Directors and Executive Officers 52
Executive Compensation
Executive Compensation 57
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 59 Certain Relationships and Related Party Transactions and Director Independence 61
Description of Securities
Description of Securities 63 Dividend Policy 65 Shares Eligible for Future Sale 66 Legal Matters 75 Experts 75 Where You Can Find More Information 75 Index to Consolidated Financial Statements F-1 Exhibits II-3 i Table of Contents ABOUT THIS PROSPECTUS You should rely only on the information contained in this prospectus and in any free writing prospectus prepared by or on behalf of the Company and delivered or made available to you. Neither the Company, nor the underwriters, have authorized anyone to provide you with additional or different information. We are offering to sell, and seeking offers to buy, shares of our Common Stock only in jurisdictions where offers and sales are permitted. The information contained in this prospectus or a free writing prospectus is accurate only as of its date, regardless of its time of delivery or of any sale of shares of our Common Stock. Our business, financial condition, operating results, and prospects may have changed since that date, and neither the delivery of this prospectus nor any sale made in connection with this prospectus shall, under any circumstances, create any implication that there has been no change in our affairs since the date of this prospectus or that the information contained by reference to this prospectus is correct as of any time after its date. References to "the Company," "we," "GEVI," "us," "our" and words of like import refer to us and our subsidiaries, including, General Enterprise Ventures, Inc. and Mighty Fire Breaker, LLC, unless the context indicates otherwise. References to General Enterprise Ventures, Inc. and Mighty Fire Breaker, LLC, refer to the business and operations of General Enterprise Ventures, Inc. and Mighty Fire Breaker, LLC, as the case may be, prior to acquisition by us unless the context indicates otherwise. For investors outside the United States: the Company has not done anything that would permit this offering or possession or distribution of thi