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Thursday, August 11, 2022

Gaensel Energy Group (OTCMKTS: GEGR) Major Run Northbound as Subsidiary Metro VR Studios Launches Proprietary Universal Programing Asset System (“UPAS”)

Gaensel Energy Group (OTCMKTS: GEGR) has been making a powerful run up the charts in recent days off its base under $0.05 where it was sitting on little volume. In recent days volume has picked up significantly and the stock looks to be under accumulation. On Thursday of last week GEGR hit highs of $0.18 per share and is starting to get noticed by penny stock speculators. 

GEGR has a lot going for it; the Company’s subsidiary Metro VR Studios recently launched its proprietary Universal Programing Asset System (“UPAS”), which is designed to drive rapid development of all MVRS 2021 Oculus QuestTM and PlayStation VR game titles. MVRS intends to offer UPAS on an industry-wide basis in response to industry headset juggernaut Oculus’s decision to shift away from ‘tethered’ and PC-based VR systems. UPAS is a graphical and 3D asset production system developed by MVRS and designed to integrate the seemingly limitless visual capabilities of Unreal Engine 5 with the real-world hardware limitations of each of the new and emerging VR platforms.  

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Gaensel Energy Group (OTCMKTS: GEGR) is an international holding company with assets exceeding $55.6 Million. In 2021, the company grossed $77.9 Million in sales at a healthy 46.3% operating margin. Gaensel’s interests are diversified across several industries with double-digit projected annual growth rates over the next five years. Our asset base includes proven revenue producing companies in Biotech, Commodities, Health, Beauty – Fashion, Green Renewable Energy, Technology, and the Metaverse. 

The Company’s subsidiary Metro VR Studios is an independent VR development company located in Boston focused on developing high-quality, character-driven action and adventure games for virtual reality on the Oculus, Steam, and PlayStation platforms. MVRS is developing multiple VR game titles with a goal of bringing a unique vision of VR gameplay to the rapidly evolving marketplace.  

Metro VR recently launched its proprietary Universal Programing Asset System (“UPAS”), which is designed to drive rapid development of all MVRS 2021 Oculus QuestTM and PlayStation VR game titles. MVRS intends to offer UPAS on an industry-wide basis in response to industry headset juggernaut Oculus’s decision to shift away from ‘tethered’ and PC-based VR systems. UPAS is a graphical and 3D asset production system developed by MVRS and designed to integrate the seemingly limitless visual capabilities of Unreal Engine 5 with the real-world hardware limitations of each of the new and emerging VR platforms. UPAS enables MVRS to create and publish one set of highly detailed assets and internally map them to different hardware levels from each hardware manufacturer. UPAS will dramatically reduce production time, increase consistency of user experiences, and enable cross-platform publication capabilities previously reserved for AAA developers. MVRS recently put its first title, Orion13TM, on sale at 75% off during the holiday season. 

Gaensel Energy and its Consorzio Green Solution & GNL (“Consorzio”) have completed an important acquisition in Genova, Italy. Gaensel and its Consorzio have acquired 50% of Meccanica Yacht Services srl, an Italian corporation specialized on refitting and transformation of nautical and diesel engines. Attorney G.Pierfrancesco Mussumeci, President of Consorzio, stated, “Beginning in January 2025, pursuant to the new European Union regulations, yachts and shipping vessels will not be allowed to access shipping ports if they are utilizing diesel fuel propulsion. The Consorzio with our partner Gaensel Energy has completed this new acquisition as part of a newly created network of companies to collaborate in the refitting of nautical diesel engines into hybrid propulsion and utilizing our LNG Solutions.” 

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The Consorzio is assigning to Meccanica €800,000,00 in new contracts for the development of several perforation platforms of Micoperi SPA of Ravenna, Italy, with several new contracts which have been in negotiation with important shipping companies. Mussumeci stated Meccanica’s Fiscal Year 2022 turnover is anticipated to be approximately €4,000,000 with expectation of turnover of over €10,000,000 in Fiscal Year 2023. 

On July 25 GEGR announced the finalization of the first tranche of the share capital of Tigullio Shipping spa, the company that owns and manages the western wing of the Chiavari Marina. (www.marinadichiavari.it). The total final investment will be equal to € 10,000,000.00, a sum totally self-financed by the Green Solution & GNL Consortium.

Pierfrancesco Mussumeci, President of Consorzio stated, “At the end of the acquisition, the net assets of Tigullo Shipping spa will be approximately 15,000,000.00 with a 30-year Italian government concession. The acquisition of Tigullio Shipping spa will allow the Consortium to use the Port of Chiavari, a renowned Ligurian tourist resort very close to Portofino, both as a commercial base for its Cantieri Navali Estensi brand (www.cantieriestensi.it ), and as the first Italian tourist port equipped to refuel hybrid diesel and LNG boats.”

In 2023, the Consortium will present its flagship “Cantieri Estensi”, which is a 64 foot yacht, with a hybrid diesel and LNG engine at the Cannes International Fair. The project is already active and developed by Cantieri Estensi and Meccanica Yacht Services srl specialized in the refitting of marine engines and part of the Gaensel Energy Group of companies. 

The development of LNG also guarantees a green turning point in the nautical industry without penalizing the performance and comfort of the boats. Tigullio Shipping’s five-year business plan expects to reach revenues of € 5,000,000 with an active margin of € 1,000,000 / year. Thanks to the synergies with the Port of Chiavari and the innovative Green policy, as well as the expansion on the main European and American markets, Cantieri Navali Estensi, a brand controlled by the Consortium, anticipates it will be able to reach a turnover of 30,000,000 euros by 2025. 

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Currently trading at a $32 million market valuation GEGR OS is 249,094,757 with a float of 85,088,202 shares. The Company is not a sec filer but according to its otc disclosure statements GEGR has $55 million in assets vs. $10 million in debt and did $12 million in revenues last quarter. There is plenty to get excited about here; GEGR subsidiary Metro VR Studios recently launched its proprietary Universal Programing Asset System (“UPAS”), which is designed to drive rapid development of all MVRS 2021 Oculus QuestTM and PlayStation VR game titles. The Company is also working with a consortium among other things that plans to present its flagship “Cantieri Estensi“, which is a 64 foot yacht, with a hybrid diesel and LNG engine at the Cannes International Fair. The project is already active and developed by Cantieri Estensi and Meccanica Yacht Services srl specialized in the refitting of marine engines and part of the Gaensel Energy Group of companies. Microcapdaily will be covering GEGR as it happens so make sure you subscribe to Microcapdaily right now so you don’t miss it. 

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Disclosure: we hold no position in GEGR either long or short and we have not been compensated for this article.

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