$GEGR - **Huge News Release Today! - Major acquisition

New Post Public Reply Private Reply Replies (0) Message Board
stockstein
70
$GEGR - **Huge News Release Today! - Major acquisition closed, Gaensel Energy, Inc. Announces Major Rebranding Alongside Acquisition of Majority Ownership in VR/AR/AI Software Studio Metro VR
Newsfile Corp.
Wed, October 28, 2020, 8:30 AM EDT

Metro Controls Dynamic VR Gaming Portfolio in Stores on Oculus, Playstation, Steam in time for Holiday Retail Rush, Part of the Multi-Billion Dollar VR Gaming Market

Salt Lake City, Utah--(Newsfile Corp. - October 28, 2020) - Gaensel Energy, Inc. (OTC PINK: GEGR) is pleased to announce an evolution in its business model as a Holding Company focused in Energy, Manufacturing, Software and Technology with the acquisition of majority ownership in Metro VR Studios (https://metrovrstudios.com), a Software/Technology Company specializing in Virtual and Augmented Reality, and Artificial Intelligence.




To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7475/67...01full.jpg




To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7475/67...02full.jpg

Metro VR controls a dynamic suite of virtual reality games coming soon or currently available on industry leading platforms such as Oculus and Steam including Aerial Combat 'Space Racers' with Mario Kart like game play-only with VR Flying mechanics, 'Kid Air Combat', an Aerial Mission & Land Based Sci-Fi game, 'Quest of the Pirate King' a swash-buckling multiplayer high seas adventure , 'Lost Treasures of Endor', described as a Lara Croft meets Zelda VR fantasy adventure, and the company's recently launched flagship game, ORION 13, a First Person "hack & slash" action-adventure.




To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7475/67...03full.jpg

Orion 13 has received rave reviews from gamers and influencers alike. View the Game Trailer HERE




Orion 13 VR Gaming Trailer

Cannot view this video? Visit:
https://www.youtube.com/watch?v=5kB0WwG8OvQ

Virtual reality (VR) in the gaming market was valued at USD 7.7 billion in 2019 and is projected to reach USD 42.50 billion by 2025, registering a CAGR of 32.75% over the forecast period, 2020 - 2025. VR technology has gained widespread recognition and adoption over the past few years.

According to NewGenApps, by 2025, the worldwide user base of AR and VR games is expected to grow to 216 million users.




To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7475/67...04full.jpg

The Metro VR Management team has extensive experience in building software, portals, websites and gaming engines. Key factors include:

Team has successfully completed and launched a AA quality title in under 2 years-the company foundation is built and prepared for rapid concurrent development of multiple titles

Established relationships with the indie developer eco-system enables us to rapidly scale development resources up to over outsourced contractors

Internally developed IP decreases game development time significantly, allowing us to build and publish titles more rapidly

Established deep-rooted relationship in Montreal game ecosystem for larger expansion

Proven track record of delivering shareholder value

Metro VR CEO Michael Clebnik has formerly served as CEO of Stumpworld Systems, overseeing growth to 110 employees, raising >$8m in Venture Capital and then acquired by a publicly traded financial firm for over $60m; this before founding American Fantasy Sports an early innovator in daily fantasy sports contests. He then founded NLOP.com the USA's largest free to play poker portal, which struck partnerships with NBCSports, Miller Brewing, UFC, WWE and other media properties. NLOP.com sold to Zen Gaming in 2010.

Metro Co-Founder and President Scott Matalon was founder and President of Stumpworld Systems and developed Web/E-com presence for top-tier media and entertainment brands, including Aerosmith, Rolling Stones, SONY, NYNEX, AOL Canada and more. As well, he was the author of best-selling, award winning "Online Merchant" E-commerce software, sold in CompUSA, BestBuy and Staples.

GEGR CEO Helmut Gaensel states, "We are thrilled with this acquisition. The Company has rebranded as a Holding Company to capitalize on a number of exciting opportunities management has cultivated in light of 2020's pandemic, to ensure what we believe to be a highly potent catalyst for near-term shareholder growth and an influx of exciting acquisitions, partnerships and revenue streams. Metro VR Studios is the first in a series of acquisitions we will be announcing in Q4."

About Metro VR Studios: Metro VR Studios is an independent VR development company located in Boston, Massachusetts focused on developing high-quality, character-driven action & adventure games for virtual reality on Oculus, Vive and PS4. We are working on multiple VR game titles featuring strong main characters, unique multi-character playmodes, and movie-like plot arcs… each of which brings a unique vision of VR gameplay to this exciting and rapidly developing medium.

Metro VR on Twitter: https://twitter.com/metrovrstudios





$GEGR Enters Multi-Billion Dollar VR/AR/IA With Majority Ownership Acquisition Of Metro VR Studios

Cannot view this video? Visit:
https://www.youtube.com/watch?v=3EpvQwvO1HA
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Frontera Energy's Q3 Results Call: Key Insights Ahead

Updated Category News Views 144

What to Expect from Frontera’s Upcoming Call Frontera Energy’s got a date with the earnings table, and it’s set for November 11. The story here is about anticipation, folks. This Canadian energy player will lay its third-quarter results bare soon as trading wraps up. They’ll be breaking the nitty-gritty down in a call with the analysts that follows the next day,...

Continue Reading
Hanwha's Big Bet: Tokenizing Real-World Assets with Chainlink

Updated Category News Views 39

Hanwha and Chainlink: A Game Changer in Tokenization What do Hanwha Investment & Securities, a heavyweight in Korea's finance scene, and Chainlink, the wizard of onchain finance, think they're up to? They're buddies now, locked and loaded, to tokenize real-world assets (RWAs). They're not just shaking hands; they're aiming to jiggle the global finance bedrock....

Continue Reading
W.E.B. Du Bois Documentary Ignites Voting Rights Discussion

Updated Category News Views 25

The Lasting Resonance of W.E.B. Du Bois When we think about the fight for democracy, the legacy of W.E.B. Du Bois is bound to pop up. Thanks to director Rita Coburn, his legacy gets a full-on showcase through her latest documentary, W.E.B. Du Bois: Rebel With a Cause. This piece isn't just about looking back—it's about turning history into a mirror reflecting today's...

Continue Reading
Human Judgment Crucial Amid AI Growth in Courts

Updated Category News Views 127

AI in the Justice System: Balancing Potential and Pitfalls You know, when it comes to upholding justice, there's a line between what machines can handle and what only a human can bring to the gavel. Chief Justice Sundaresh Menon of Singapore threw the spotlight on this at an event in Brisbane, hammering home the need for good ole human intuition in the courtroom even as...

Continue Reading
FDA Greenlights VELO: A Turning Point for Reynolds?

Updated Category News Views 33

FDA Decision: A Big Win for Reynolds American Boy, am I seeing a shift in the winds. The FDA's green light for VELO nicotine pouches adds a fresh feather to Reynolds American's cap. In a gritty industry like tobacco, getting FDA's nod ain't just about safety; it’s a strategic leg up against traditional smoke. My gut tells me this isn't just about keeping pace. It's...

Continue Reading
Food Emulsifiers Surge: Market to Hit $5.60B by 2031

Updated Category News Views 72

Forecasting Growth in Food Emulsifiers Picture this: the food emulsifiers market is steaming ahead, anticipating a thunderous boom from $4.43 billion in 2026 to a whopping $5.60 billion by 2031. According to recent estimates, that's a steady clip at a CAGR of 4.8%. If you're thinking that's just more industry chatter, let's peel back the layers and see what makes this...

Continue Reading
Novelis Readies for Q2 Earnings Amid Global Market Focus

Updated Category News Views 36

Amid the ever-turbulent waves of industrial demand and environmental expectations, Novelis Inc. is set to lay bare its fiscal cards for Q2 of 2027. Circle November 5 on your calendar—this is when Steve Fisher and Dev Ahuja aim to sift through the heaps, scrutinize numbers, and spell out their game plan for investors via a conference call. Get your coffee ready for this...

Continue Reading
AbbVie's Q3 2026: Strong Performance and Bold Moves

Updated Category News Views 28

A Deep Dive into AbbVie's Q3 2026 Numbers Bruised and battered from the ebbs and flows of the market, AbbVie (NYSE:ABBV) decided to show up in swagger mode for the third quarter of 2026. They doubled their diluted EPS year over year with a GAAP figure hitting $2.37, backed by an adjusted EPS of $3.82. You're seeing the fruits of savvy expansions and a portfolio that seems...

Continue Reading
Triskell's 2026 Update: AI Leverages Portfolio Data

Updated Category News Views 58

Triskell's Strategic AI Leap Forward Forget the old grind of manual data tinkering—Triskell Software's latest AI enhancements in their 2026 SP2 release are setting a new stage. The Spain-based outfit is tweaking their Project Portfolio Management tools under the hood to suit modern instincts. It seems like portfolio management is getting a brain boost with some added AI...

Continue Reading
Cohen Veterans Network Invites Americans to Honor Veterans

Updated Category News Views 40

Cohen Veterans Network Launches "Call to Honor" Initiative The struggle to adequately acknowledge the sacrifices of veterans isn't new, but Cohen Veterans Network (CVN) is trying something a little different this time. "Call to Honor," a gratitude hotline, isn't just another method of saying "thanks"—it's a more profound communication channel for Americans to express...

Continue Reading

Top 5 Most Recently Viewed Articles

Jack Dorsey Calls Tesla's Cybertruck the Ultimate Machine

Updated Category News Views 286

Jack Dorsey Hails the Cybertruck as a Superior Electric Vehicle Recently, Block Inc. CEO and Twitter co-founder Jack Dorsey expressed admiration for Tesla Inc.'s innovation by referring to the Cybertruck as "the best robot out there." This comment resonates with the growing anticipation surrounding Tesla's electric utility truck, which stands out for its advanced...

Continue Reading
Planview Enhances Software Delivery with Plutora Acquisition

Updated Category News Views 153

Planview's Strategic Acquisition of Plutora Planview has made a major move by acquiring Plutora, a step aimed at enriching its product offerings. As a leader in Strategic Portfolio Management (SPM) and Digital Product Development (DPD), Planview is eager to harness Plutora's advanced Value Stream Management (VSM) solutions to bring great value to its customers. Reasons...

Continue Reading
SoFi Innovates Payments with Galileo's Cyberbank Core Technology

Updated Category News Views 287

SoFi Technologies Transforming Payment Services SoFi Technologies, Inc. (NASDAQ: SOFI) has recently announced a significant upgrade to its payment service offerings by adopting Galileo’s advanced cloud-based Cyberbank Core. This powerful technology is set to enhance a variety of payment solutions, including debit, prepaid, ACH, and wire transactions for its commercial...

Continue Reading
Top Financial Headlines: Key Insights from September 2025

Updated Category News Views 258

Key Financial Developments: A September Recap September proved to be a pivotal month in the finance sector, showcasing a variety of noteworthy press releases. This recap focuses on significant developments that shaped the industry, highlighting major mergers, innovative funding strategies, and the ongoing transformation fueled by AI technology. Major Mergers and...

Continue Reading
Lerøy Seafood Group ASA Announces Ex-Dividend Information Today

Updated Category News Views 244

Ex-Dividend Announcement for Lerøy Seafood Group ASA Lerøy Seafood Group ASA has officially announced that its shares will trade ex-dividend today, meaning that shareholders will receive NOK 2.50 per share. This adjustment marks an important date for investors looking to benefit from this dividend. Understanding Ex-Dividend Dates It's crucial for investors to grasp the...

Continue Reading