Salt Lake City, Utah--(Newsfile Corp. - January 19, 2022) - Gaensel Energy Group, Inc., (OTC Pink: GEGR) ("Gaensel" or the "Company"), a diversified holding company is pleased to announce the sale of its CBD Hemp division!
On January 18, 2022, the Company is pleased to announce the sale of its CBD Hemp division which consists of Flowers Trade SRL, Flowers Lab SRL, and Curatio Life Sciences, Inc. The purchaser is headed by Jose Salazar who has acquired FlashZero, Inc., a Wyoming domiciled company currently on the Expert Market with OTC Markets. FlashZero has agreed and is entering into agreements to rebrand the California based Curatio brand, update its websites and new production runs for the marketing of Curatio in the United States. FlashZero will be expanding the Curatio and Flowers brands in Europe and South America.
Francesco Bossi, Gaensel Chief Operations Officer, stated "We never intended to participate in the CBD space, however with the Flowers Italy transaction, which was inherited as part of a larger holding company, we acquired Curatio in order to have both US and European CBD assets to sell to a company focusing on this market. Gaensel will be receiving 30,000,000 shares of common stock of FlashZero Corp. and will receive 5% of the net income from the Flowers and Curatio operations for a period of five years."
About Gaensel Energy Group, Inc. (OTC Pink: GEGR):
Gaensel Energy Group asset base currently consists of proven companies in Biotech, Commodities, Health, Beauty - Fashion, Green and Renewable Energy, and Technology. The management teams for each of these divisions are actively seeking similar partners in each space for expansion and additional acquisitions. We have been listed on the United States OTC Markets since 2002 and the Company is current.
Gaensel Energy Group, Inc.
57 West 200 South
Salt Lake City, UT 84101
Phone: +1 518-567-3649
This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Gaensel Energy Group, Inc., (GEGR), and certain of the plans and objectives of GEGR with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITA and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as "anticipates", "assumes", "believes", "estimates", "expects", "should", "will", "will likely result", "forecast", "outlook", "projects", "may" or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, pension costs and actuarial assumptions, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where GEGR operates, industry consolidation and competition. As a result, GEGR actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements.
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