Correspondence 0001683168-23-000298 from Genesis Electronics Group, Inc. (CIK 0001302913)
Genesis Electronics Group, Inc. (CIK 0001302913)
Date: Jan. 24, 2023 · CIK: 0001302913 · Accession: 0001683168-23-000298
AI Filing Summary & Sentiment
File numbers found in text: 024-12106
Referenced dates: January 23, 2023
Letter
Office of Trade and Services Division of Corporation Finance Securities and Exchange Commission Amendment No. 2 to Offering Statement on Form 1-A January 19, 2023 File No. 024-12106
Dear Mr. Nalbantian:
This is in response to the letter of comment of the Staff dated January 23, 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. 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.)
In response to such comment, the subject risk factor has been revised.
__________________________
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 24, 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. 2 to Offering Statement on Form 1-A January 19, 2023 File No. 024-12106 Dear Mr. Nalbantian: This is in response to the letter of comment of the Staff dated January 23, 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. 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.) In response to such comment, the subject risk factor has been revised. __________________________ 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.