SEC Comment Letter 0000000000-23-000466 to Genesis Electronics Group, Inc. (CIK 0001302913)
Genesis Electronics Group, Inc. (CIK 0001302913)
Date: Jan. 17, 2023 · CIK: 0001302913 · Accession: 0000000000-23-000466
AI Filing Summary & Sentiment
File numbers found in text: 024-12106
Letter
United States securities and exchange commission logo January 17, 2023 Branden Jones Chief Executive Officer Genesis Electronics Group, Inc. 26 South Rio Grande Street #2072 Salt Lake City, UT 84101 Re:Genesis Electronics Group, Inc. Amendment No. 1 to Offering Statement on Form 1-A Filed on December 21, 2022 File No. 024-12106 Dear Branden Jones: We have reviewed your offering statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to this comment, we may have additional comments. Amendment No. 1 to Offering Statement on Form 1-A General 1.Please revise to add a risk factor discussing the company's past record regarding not filing periodic reports in a timely fashion or being a delinquent filer and the associated risks for investors. We will consider qualifying your offering statement at your request. In connection with your request, please confirm in writing that at least one state has advised you that it is prepared to qualify or register your offering. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification.
FirstName LastNameBranden Jones Comapany NameGenesis Electronics Group, Inc. January 17, 2023 Page 2 FirstName LastName Branden Jones Genesis Electronics Group, Inc. January 17, 2023 Page 2
We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Nicholas Nalbantian at 202-551-7470 or Donald Field at 202-551-3680 with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: Eric Newlan
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United States securities and exchange commission logo
January 17, 2023
Branden Jones
Chief Executive Officer
Genesis Electronics Group, Inc.
26 South Rio Grande Street #2072
Salt Lake City, UT 84101
Re:Genesis Electronics Group, Inc.
Amendment No. 1 to Offering Statement on Form 1-A
Filed on December 21, 2022
File No. 024-12106
Dear Branden Jones:
We have reviewed your offering statement and have the following comment. In our
comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response. After reviewing any amendment to your offering statement and the information you
provide in response to this comment, we may have additional comments.
Amendment No. 1 to Offering Statement on Form 1-A
General
1.Please revise to add a risk factor discussing the company's past record regarding not filing
periodic reports in a timely fashion or being a delinquent filer and the associated risks for
investors.
We will consider qualifying your offering statement at your request. In connection with
your request, please confirm in writing that at least one state has advised you that it is prepared
to qualify or register your offering. If a participant in your offering is required to clear its
compensation arrangements with FINRA, please have FINRA advise us that it has no objections
to the compensation arrangements prior to qualification.
FirstName LastNameBranden Jones
Comapany NameGenesis Electronics Group, Inc.
January 17, 2023 Page 2
FirstName LastName
Branden Jones
Genesis Electronics Group, Inc.
January 17, 2023
Page 2
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
Please contact Nicholas Nalbantian at 202-551-7470 or Donald Field at 202-551-3680
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: Eric Newlan