General Enterprise Ventures Inc. (OTC: GEVI) subsidiary 'Mighty Fire Breaker' made headlines on February 12, 2024, with the revelation that its MFB 31 CitroTech product would be utilized by the San Diego Fire Rescue to combat the ongoing wildfire risks. An official emphasized the product's role in mitigating such threats. Mighty Fire Breaker highlighted the ease of governmental selection due to certifications affirming the non-hazardous and non-toxic nature of the MFB 31 CitroTech.
On that very day, it was revealed that Mighty Fire Breaker would be delivering its inaugural shipment of the MFB 31 CitroTech wildfire defense solution to Equilibrio Environmental Protection Equipment, a prominent Brazilian firm. Established in 1996 as a provider of forest fire protection services, Equilibrio expanded its operations in 2010 by launching its equipment manufacturing division. As one of the leading wildfire defense enterprises in Brazil, Equilibrio is set to incorporate the MFB 31 CitroTech product into wildlife defense efforts nationwide.
This particular solution stands out as the sole product in the market endorsed as a safer choice by the EPA. Such certification instills confidence in companies, both domestically and internationally, when opting for MFB 31 CitroTech. Brazil has experienced an unparalleled surge in wildfires over the past decade.
On February 12, 2024, General Enterprise Ventures announced a six-month media deal with New to the Street. Under this arrangement, New to the Street will create interview segments featuring the company, to be aired on Bloomberg TV and FOX Business News. The stock closed at $0.91 on February 27, 2024, marking a higher price compared to its average 30-day volume, which was 9 times higher.
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