SEC Comment Letter 0000000000-23-000735 to Genesis Electronics Group, Inc. (CIK 0001302913)
Genesis Electronics Group, Inc. (CIK 0001302913)
Date: Jan. 23, 2023 · CIK: 0001302913 · Accession: 0000000000-23-000735
AI Filing Summary & Sentiment
File numbers found in text: 024-12106
Letter
United States securities and exchange commission logo January 23, 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. 2 to Offering Statement on Form 1-A Filed on January 19, 2023 File No. 024-12106 Dear Branden Jones: We have reviewed your amended 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. Unless we note otherwise, our references to prior comments are to comments in our January 17, 2023 letter. Amendment No. 2 to Offering Statement on Form 1-A General 1.We note your response to comment 1 and reissue in part. We note the addition of a new risk factor on page 4 and we also note the risk factor is focused on trading price. Please revise the risk factor to discuss the other negative risks related to the company's history of being a delinquent filer (i.e. lack of information related to the company, financial information, etc.)
FirstName LastNameBranden Jones Comapany NameGenesis Electronics Group, Inc. January 23, 2023 Page 2 FirstName LastName Branden Jones Genesis Electronics Group, Inc. January 23, 2023 Page 2 Please contact Nicholas Nalbantian at 202-551-7470 or Donald Field at 202-551-3680 with any 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 23, 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. 2 to Offering Statement on Form 1-A
Filed on January 19, 2023
File No. 024-12106
Dear Branden Jones:
We have reviewed your amended 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. Unless we note
otherwise, our references to prior comments are to comments in our January 17, 2023 letter.
Amendment No. 2 to Offering Statement on Form 1-A
General
1.We note your response to comment 1 and reissue in part. We note the addition of a new
risk factor on page 4 and we also note the risk factor is focused on trading price. Please
revise the risk factor to discuss the other negative risks related to the company's history of
being a delinquent filer (i.e. lack of information related to the company, financial
information, etc.)
FirstName LastNameBranden Jones
Comapany NameGenesis Electronics Group, Inc.
January 23, 2023 Page 2
FirstName LastName
Branden Jones
Genesis Electronics Group, Inc.
January 23, 2023
Page 2
Please contact Nicholas Nalbantian at 202-551-7470 or Donald Field at 202-551-3680
with any questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: Eric Newlan