SEC Company Response from Genesis Electronics Group, Inc. (CIK 0001302913) — Jan 19, 2023
Genesis Electronics Group, Inc. (CIK 0001302913)
Date: Jan. 19, 2023 · CIK: 0001302913 · Accession: 0001683168-23-000238
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 024-12106
Referenced dates: January 17, 2023
Letter
Office of Trade and Services Division of Corporation Finance Securities and Exchange Commission Amendment No. 1 to Offering Statement on Form 1-A December 21, 2022 File No. 024-12106
Dear Mr. Nalbantian:
This is in response to the letter of comment of the Staff dated January 17, 2023, relating to the captioned Offering Statement on Form 1-A of Genesis Electronics Group, Inc. (the “Company”). The comment of the Staff is addressed below:
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.
In response to such comment, a new risk factor has been added to the disclosure.
__________________________
Please feel free to contact the undersigned at (940) 367-6154, should you have any questions regarding any of the Company’s responses.
We believe the Company’s Offering Statement is now in order for Qualification.
Thank you for your attention in this matter.
Sincerely,
NEWLAN LAW FIRM, PLLC
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CORRESP 1 filename1.htm NEWLAN LAW FIRM, PLLC 2201 Long Prairie Road, Suite 107-762 Flower Mound, Texas 75022 940-367-6154 January 19, 2023 Nicholas Nalbantian Office of Trade and Services Division of Corporation Finance Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Re: Genesis Electronics Group, Inc. Amendment No. 1 to Offering Statement on Form 1-A December 21, 2022 File No. 024-12106 Dear Mr. Nalbantian: This is in response to the letter of comment of the Staff dated January 17, 2023, relating to the captioned Offering Statement on Form 1-A of Genesis Electronics Group, Inc. (the “Company”). The comment of the Staff is addressed below: 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. In response to such comment, a new risk factor has been added to the disclosure. __________________________ Please feel free to contact the undersigned at (940) 367-6154, should you have any questions regarding any of the Company’s responses. We believe the Company’s Offering Statement is now in order for Qualification. Thank you for your attention in this matter. Sincerely, NEWLAN LAW FIRM, PLLC By: /s/ Eric Newlan Eric Newlan Managing Member cc: Genesis Electronics Group, Inc.