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While it is true that there was no fresh news about General Enterprise Ventures Inc (OTC:GEVI) this week, the company’s stock was in the middle of a remarkable rally yesterday. On Thursday, the stock soared 22.86% on unusual volume to close above $0.40 for the first time since January. The stock has a 52-week high of $1.
In such circumstance, it may well be a good move for investors to take a closer look into the company. The company is currently best known for its subsidiary Mighty Fire Breaker, which came up with the environmentally safe fire-resistant product MFB-31-CitroTech. Back in March, Mighty Fire Breaker announced that it had started sending off samples of its product along with technical and marketing information to retailers from all over the United States.
At the time, Mighty Fire Breaker had noted that it was confident that the rollout was going to be a success due to the positive reactions it had already received. The first round of garden and home improvement stores it had sent the products to had all provided positive feedback about the product.
Throughout the course of 2022 Mighty Fire Breaker had worked hard for the purpose of bagging a total of 10 accreditations and many of those made the product a unique one. It is the only product in its category that had been awarded the Safer Choice Designation from the Environmental Protection Agency, the LENS listing, and the UL GreenGuard Gold.
The MFB-31-CitroTech substance may still be at the patent pending stage but it is already recognized as the safest and most environmentally friendly fire retardant chemical in the world. The accreditations that the product got also indicate that MFB-31-CitroTech is safe around humans, fish and animals. The chemistry of the product is completely natural and ensures that it does not cause any kind of damage to farmlands.
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General Enterprise Ventures Inc. (OTC:GEVI) Stock Soars 80% This Month: But Why?
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