Genius Group Limited

Last updated
Genius Group
Company type Public company
NYSE: GNS
Industry Education
Founded2002
Founder Roger J. Hamilton
Headquarters
Singapore
Key people
Roger Hamilton (CEO) Adrian Reese (CFO)
Revenue US$18.2 million [1]  (2022)
Number of employees
300 [2]  (2023)
Website www.geniusgroup.net

Genius Group is an education technology company based in Singapore founded in 2002 by Roger J. Hamilton. [3]

Contents

History

From 2012 to 2015, Genius Group developed initiatives under the Entrepreneurs Institute brand and created Talent Dynamics, a corporate version of Wealth Dynamics. During this period, Hamilton became the founding chairman of the Green School in Bali, Indonesia, which led to the creation of GeniusU as an edtech solution in 2015. [4] [5] In 2019, Genius Group Limited was established as the public holding company for the group in Singapore. It acquired Wealth Dynamics and Entrepreneurs Institute, and GeniusU became the edtech company within the group. [5] [3]

Genius Group acquired Entrepreneur Resorts Limited for $31 million in 2020, which continued to be a publicly listed company on the Seychelles MERJ exchange. [5]

Genius Group registered as a foreign issuer of a security and held its IPO on the NYSE American on April 12, 2022, where the company is traded under the stock ticker symbol GNS. [6] [7]

In 2022, Genius Group completed four acquisitions initiated in 2020: Education Angels (New Zealand), [8] E-Squared Education (South Africa), [9] Property Investors Network (UK), [10] and the University of Antelope Valley (UAV) (United States). [11] In 2022, Genius Group acquired US-based film production company Revealed Films. [12] [5]

In August 2023, Genius Group conducted a corporate spin-off of Entrepreneur Resorts Limited and distributed shares of ERL to investors. [13]

In March 2024, Genius Group completed its acquisition of FatBrain AI and merged with OpenExO. [14] [15] [16]

Products and services

Genius Group is building a life-long and accredited alternative education pathway for entrepreneurs. Courses are available online through the company's GeniusU platform and are offered within a freemium model, in which entry-level courses are free while more advanced premium courses require payment. Genius Group also hosts in-person workshops, and some of its acquired companies offer in-person classes. The company is developing a virtual campus for its entrepreneur curriculum where the students learn and interact in a virtual reality and augmented reality environment and where learning is gamified. Genius Group uses AI technology on GeniusU to help students personalize their education and is developing AI solutions for governments, businesses, and educational institutions. [17] [5] [18] [19]

Company structure

Genius Group Limited

Genius Group Limited is the holding company which owns the other companies in the group. It is a Singapore public limited company, and it is listed on NYSE American under the ticker GNS. [20] [5] [21]

GeniusU Limited

GeniusU Limited is the edtech company that provides personalized learning and global community to the rest of the group. It was converted into a public company in May 2021. It is digitizing the courses of acquisition companies on GeniusU. [3] [5]

Entrepreneurs Institute

Entrepreneurs Institute was acquired by Genius Group in 2019, and all of its products were integrated with GeniusU in 2020. It owns and develops entrepreneur education courses and tools in the Group. [5]

Entrepreneur Resorts

Entrepreneur Resorts was acquired by Genius Group in 2020. ERL manages resorts, beach clubs and co-working spaces for entrepreneurs. It was spun off as its own separate company in October 2023 and is no longer part of Genius Group. It is listed on the Upstream Exchange under the ticker ERL. [22] [5] [23]

Education Angels

Education Angels was acquired by Genius Group in 2022. It is a New Zealand-based home childcare and education company which trains childcare professionals as educators for children up to six years old. [24] [5]

E-Squared Education Enterprises

E-Squared Education Enterprises was acquired by Genius Group in 2022. It is a South Africa-based school campus with pre-primary, primary, secondary, and vocational college education for students with a focus on entrepreneurship. [25] [26] [5]

University of Antelope Valley

The University of Antelope Valley (UAV) was acquired by Genius Group in 2022. It was a California-based U.S. university which delivered vocational certification and degree-level courses on campus and online. [27] [5] UAV closed down in 2024. [28]

Property Investors Network

Property Investors Network (PIN) was acquired by Genius Group in 2022. It is a UK-based investor education network which delivers courses on property investing. [29] [5]

Revealed Films

Revealed Films was acquired by Genius Group in 2022. It is a Utah-based film production company led by Jeff Hays and Patrick Gentempo which creates documentaries and docu-series. [30] [5]

FatBrain AI

FatBrain AI was acquired by Genius Group in 2024. It is an AI solutions provider led by Michael Moe and Peter Ritz. Genius Group and FatBrain AI develop AI education and enterprise solutions. [31] [32]

Open ExO

Genius Group and OpenExO merged in 2024. OpenExO enables organizations to scale their operations and is led by Salim Ismail. Genius Group and OpenExO advance AI education. [33] [16] [34]

Finances

Annual report

Genius Group's revenue grew from $8.3 million in 2021 to $18.2 million in 2022. The company had a net loss of $4.5 million in 2021 and a net loss of $55.3 million in 2022. [35]

Senior convertible debt, bridge loan, and toxic debt

On August 24, 2022, Genius Group borrowed money by entering into a securities purchase agreement with Ayrton Capital LLC for the sale of a senior secured convertible note in the principal amount of $18.3 million. The note was secured by a lien on all the assets of the company and certain assets of its subsidiaries. The note was convertible into ordinary shares of Genius Group at a price of $5.17 per share. [36] [37] On February 27, 2023, Genius Group filed a lawsuit against Ayrton Capital in the United States District Court Southern District of New York, claiming that Ayrton acted as an unregistered dealer in an unlawful scheme to acquire millions of shares of Genius Group at discounted prices in order to sell them at a profit. [38] [39] The parties settled the case on March 29, 2023. Genius Group withdrew its allegations against Ayrton Capital, admitted that Ayrton did not violate any federal securities laws, and agreed to remove any online references to its allegations against Ayrton. Genius Group gave thirteen million shares owed to Ayrton, agreed to pay Ayrton's legal fees, agreed to pay the remainder owed to Ayrton in cash, agreed to obtain Ayrton's permission before issuing any new shares, and the conversion price was reduced to $0.3173 per share. [40] [41] On July 26, 2023, Genius Group executed a bridge loan with Ayrton Capital LLC for $3.2 million. [42] On December 19, 2023, Genius Group paid off the Ayrton note in full and issued 46,755,526 shares in the process. [43] [44]

Other financing

In October 2023, Hamilton provided a $4 million interest-free loan to the company, which would be converted into ordinary shares. [45] Two weeks later in October 2023, company executives provided an additional $2 million in the form of both interest-free loans and earnings converted to equity. [46]

In January 2024, Genius Group conducted a public offering of shares and warrants with gross proceeds to the company of $8.25 million. [47]

Market manipulation

In November 2022, Genius Group claimed that it had been the target of market manipulation which had adversely affected its share price, and, in response, retained two law firms, Christian Attar and Warshaw Burstein, LLP. [48] [49] Genius Group hired ShareIntel CEO David Wenger and Tom Ronk of BuyIns.net to analyze its stock trading data in order to identify market manipulation. [50] On January 18, 2023, Genius Group appointed its board member and former FBI Deputy Director Timothy Murphy to lead a task force to investigate market manipulation and naked short selling of its stock. [51] [52] This announcement attracted attention from retail investors and turned Genius Group into a meme stock. [53] [54] [55] [56] During January 2023, the price of the stock rose by 1,700%. [57] Genius Group announced plans to prevent manipulation of its stock and invited other companies to join them. [58] [59]

As part of its strategy to counteract market manipulation and naked short selling, Genius Group sought to establish a comprehensive share count of all outstanding company shares and to create a situation in which short sellers would need to cover their positions. [60] [61] [50] Toward this end, in February 2023, Genius Group issued a ten dollar non-fungible token (NFT) digital discount coupon per share on the Upstream Exchange, a traceable and transparent blockchain-based trading service where short selling is not allowed. [62] [63] [64] The company did not identify any market manipulation through the NFT coupon. [65]

Concurrently with issuing the NFT coupon, Genius Group dual listed its shares on Upstream, where it began trading in April 2023 under the ticker symbol GNS. At the time that Genius Group began trading on Upstream, U.S. and Canadian citizens could transfer shares for liquidation, but they could not purchase shares on Upstream. [66] [67] [68] In April 2023, U.S. investors gained access to trade dual-listed U.S. and international securities on Upstream. [69] In September 2023, Genius Group delisted its shares from Upstream. [70]

On January 30, 2023, Genius Group announced that it would spin off a portion of its assets, Entrepreneur Resorts Limited (ERL), as a separate company on the Upstream exchange, and, in August 2023, the Singapore High Court approved the spin-off. [57] [50] Hamilton had repeatedly informed investors that the spin-off process and distribution of ERL stock to Genius Group shareholders as a special dividend would trigger a full share count of Genius Group stock and help to expose market manipulation. [60] [71] [72] [73] Contrary to Hamilton's assurances, the share count did not happen. [74] After Genius Group completed the spin-off on October 2, 2023, Entrepreneur Resorts was no longer a part of Genius Group, and the two operated and traded as separate entities. [75] Shortly after the spin-off, Upstream discontinued securities trading access for U.S. investors. [76]

On June 22, 2023, Forbes discredited Genius Group's attorney Wes Christian, calling his efforts around naked short selling and market manipulation a conspiracy theory. [77]

Awards

2023 - Winner - Real Leaders Impact Awards [78] [79]

2022 - Named Top 10 Emerging Giant in Singapore by KPMG & HSBC [80] [81]

Controversies

In August 2023, the University of Antelope Valley was placed on probation by its accrediting agency, the Western Association of Schools and Colleges Senior College and University Commission (WSCUC), one year after being acquired by Genius Group. WSCUC cited issues with the university's leadership, financial strength, enrollment, student success, and communication. [82] [83] There was widespread mismanagement of student financial aid funds. [84] In October 2023, Genius Group failed to pay rent on UAV's property, and the Johnsons, the former owners of UAV who still owned the property and leased it to UAV, filed an unlawful detainer property case against the university. Genius Group and UAV counter-sued the Johnsons, alleging breach of contract and fraud. [85] [86] In December 2023, the Department of Education placed the university on heightened cash monitoring 2 status, and UAV lost its president abruptly. [87] [84] In January 2024, the California Student Aid Commission placed UAV in the “At Risk Program” and escalated this in February 2024 by placing it on “Halt Pay,” disqualifying it from the Cal Grant Program. [88] In February, 2024, UAV paid its employees three quarters of their salary in Genius Group stock. [89] Many employees quit their jobs. [90] UAV entered into an unlawful detainer judgement stipulating that the university would need to vacate its premises by February 29, 2024. On February 29, 2024, the California Bureau for Private Postsecondary Education ordered UAV “to cease enrollment of any new students, cease all instruction, cease the collection of tuition and fees, and cease operation of all degree programs.” [91] [88] The university announced its closure. [92] Students and athletes were left without housing, facilities and a path forward in their studies. [93] [94] With no funding, the basketball coach launched a successful GoFundMe campaign to raise money for the basketball postseason. [95] [96] [97] The university permanently lost its accreditation in May 2024. [98]

On March 29, 2023, Roger Hamilton posted on X that Genius Group had extended a non-binding offer to acquire Troika Media Group, but he subsequently deleted the message. [99] Genius Group did not acquire Troika. On August 1, 2023, the NYSE warned Genius Group that it had “provided inconsistent information to the investing public...regarding the manner of disclosures from March 2023 events via Twitter.” [100]

In April 2024, Genius Group appointed an AI-chatbot version of Alan Turing as its Chief AI Officer. The marketing gimmick drew widespread rebuke and concern about the ethics of the appointment. [101] [102] [103] [104]

Genius Group traces its origins to 2002, [3] but neither its websites nor its SEC filings mention Hamilton's XL Results Foundation, which operated in the mid-2000s and was accused of operating a worldwide scam, resulting in legal action in Singapore. [105] [106] [107] In 2008 some allegations were retracted and settled. [108] [109]

Related Research Articles

<span class="mw-page-title-main">Nasdaq</span> American stock exchange

The Nasdaq Stock Market is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. Although it trades stock of healthcare, financial, media, entertainment, retail, hospitality, and food businesses, it focuses more on technology stocks. The exchange is made up of both American and foreign firms, with China and Israel being the largest foreign sources.

<span class="mw-page-title-main">Vinod Khosla</span> Indian-American businessman (born 1955)

Vinod Khosla is an Indian-American billionaire businessman and venture capitalist. He is a co-founder of Sun Microsystems and the founder of Khosla Ventures. Khosla made his wealth from early venture capital investments in areas such as networking, software, and alternative energy technologies. He is considered one of the most successful and influential venture capitalists.

<span class="mw-page-title-main">Berkshire Hathaway</span> American multinational conglomerate holding company

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Founded in 1839 as a textile manufacturer, it transitioned into a major conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (1924-2023). Greg Abel now oversees most of the company's investments and has been named as the successor to Buffett. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company.

<span class="mw-page-title-main">SoftBank Group</span> Japanese investment holding company

SoftBank Group Corp. is a Japanese multinational investment holding company headquartered in Minato, Tokyo, Japan which focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.

<span class="mw-page-title-main">Masayoshi Son</span> Japanese entrepreneur (born 1957)

Masayoshi Son is a Japanese billionaire technology entrepreneur, investor and philanthropist. A third-generation Zainichi Korean, he naturalized as a Japanese citizen in 1990. He is the founder, representative director, corporate officer, chairman and CEO of SoftBank Group Corp. (SBG), a technology-focused investment holding company, as well as chairman of UK-based Arm Holdings.

<span class="mw-page-title-main">Reid Hoffman</span> American internet entrepreneur (born 1967)

Reid Garrett Hoffman is an American internet entrepreneur, venture capitalist, podcaster, and author. Hoffman is the co-founder and executive chairman of LinkedIn, a business-oriented social network used primarily for professional networking. He is also chairman of venture capital firm Village Global and a co-founder of Inflection AI.

Zimmer Biomet Holdings, Inc. is a publicly traded American medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

Shutterstock, Inc. is an American provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2003 by programmer and photographer Jon Oringer, Shutterstock maintains a library of around 200 million royalty-free stock photos, vector graphics, and illustrations, with around 10 million video clips and music tracks available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into a la carte pricing in 2008. It has been publicly traded on the New York Stock Exchange since 2012.

<span class="mw-page-title-main">Tencent</span> Chinese conglomerate holding company

Tencent Holdings Ltd. is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue. It is also the world's largest company in the video game industry based on its equity investments.

Lightspeed Venture Partners is a global venture capital firm focusing on seed stage, early stage investments and growth stage investments in the enterprise, fintech, consumer and healthcare sectors. Lightspeed has eleven offices globally and as of 2023 had approximately US$25 billion in assets under management.

<span class="mw-page-title-main">Ultrapar</span> Brazilian company

The Ultra Group is a Brazilian conglomerate operating in the industry segments of energy and logistics infrastructure through its subsidiaries Ipiranga, Ultragaz and Ultracargo. These subsidiaries are fully controlled by the holding company Ultrapar. The Group's shares are traded under the name Ultrapar on São Paulo (B3) and on New York (NYSE) stock exchanges.

<span class="mw-page-title-main">Canva</span> Online graphic design platform

Canva is an Australian multinational software company that provides a graphic design platform that provides tools for creating social media graphics, presentations, promotional merchandise and websites. Launched in Australia in 2013, the service offers design tools for individuals and companies. Its offerings include templates for presentations, posters, and social media content, as well as functionalities for photo and video editing.

<span class="mw-page-title-main">Chegg</span> American education technology company

Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services.

<span class="mw-page-title-main">Informatica</span> American software company

Informatica Inc. is an American software development company founded in 1993. It is headquartered in Redwood City, California. Its core products include enterprise cloud data management and data integration. It was co-founded by Gaurav Dhillon and Diaz Nesamoney. Amit Walia is the company's CEO.

Moncler S.p.A. is an Italian luxury fashion brand specialized in ready-to-wear outerwear headquartered in Milan, Italy. Since its start as a down jacket boutique, Moncler has expanded to design vests, raincoats, windbreakers, knitwear, leather goods, footwear, fragrance, and related accessories. Its core branding includes the rooster (cockerel), "M" monogram, felt appliqué badge, crossed skis and cartoon duck mascot.

<span class="mw-page-title-main">Similarweb</span> Provider of website rankings and analytics

Similarweb Ltd. is a global software development and data aggregation company specializing in web analytics, web traffic and digital performance. The company has 12 offices worldwide. Similarweb went public on the New York Stock Exchange in May 2021.

<span class="mw-page-title-main">Roger J. Hamilton</span> Hong Kong businesspeople and author

Roger James Hamilton is a Hong Kong born, Singapore-based author, educator and social entrepreneur. He is the founder and CEO of Genius Group,a global entrepreneur education company. He is also best known as "Asia's leading wealth consultant" and the creator of the "Wealth Dynamics" profiling system for entrepreneurs, which is a psychometric test for entrepreneurs and businesses.

The University of Antelope Valley (UAV) was a private, for-profit university in Lancaster, California. It offered master's, bachelor's, and associate degrees as well as certificate programs and continuing education courses. The university was accredited by the WASC Senior College and University Commission, but it was placed on accreditation probation in 2023 for failing to meet several of the accreditor's standards following the university's 2022 purchase by Genius Group Limited, a Singaporean technology company.

Darktrace Ltd. is a British cyber security company, established in 2013 and headquartered in Cambridge, England. It was listed on the London Stock Exchange until it was acquired by Thoma Bravo in October 2024.

<span class="mw-page-title-main">Stellantis</span> Multinational automotive manufacturing corporation

Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. The company headquarters are located in Hoofddorp, Netherlands.

References

  1. ↑ "United States Securities And Exchange Commission Washington, D.C. 20549 FORM 20-F/A". www.sec.gov.
  2. ↑ "United States Securities And Exchange Commission Washington, D.C. 20549 FORM 20-F". www.sec.gov.
  3. 1 2 3 4 "Genius Group - About Us". Genius Group. Archived from the original on 30 Jun 2024. Retrieved 2024-03-02.
  4. ↑ "A History of Green School". Green School Bali. 2014-10-05. Retrieved 2024-03-02.
  5. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 "Prospectus - January 2024". SEC - EDGAR. 11 Jan 2024. Retrieved 30 Jun 2024.
  6. ↑ "NYSE – Genius Group LTD (GNS)". New York Stock Exchange. 30 Jun 2024. Retrieved 30 Jun 2024.
  7. ↑ Beltran, Luisa (12 Apr 2022). "Genius Group Stock Soars in Market Debut". Barrons. Archived from the original on 23 Feb 2024. Retrieved 30 Jun 2024.
  8. ↑ "Genius Group Acquires Education Angels, Extending Its 21st Century Education Curriculum To Start From 0 To 5 Years Old". Scoop Education. 24 Dec 2020. Retrieved 30 Jun 2024.
  9. ↑ "Genius Group to acquire E-Square Education Enterprises". HeraldLIVE. 8 Mar 2021. Retrieved 30 Jun 2024.
  10. ↑ "Singaporean mogul hoovers up UK's largest property investment club". The Negotiator. 31 Dec 2020. Retrieved 30 Jun 2024.
  11. ↑ Schwartz, Natalie (12 Jul 2022). "Entrepreneurship education company acquires University of Antelope Valley to build 'metauniversity'". Higher Ed Dive. Retrieved 30 Jun 2024.
  12. ↑ "Genius Group Acquires an American Documentary Film Company to Provide High-Quality Educational Videos". IBL News. 15 Oct 2022. Retrieved 30 Jun 2024.
  13. ↑ Pan, Eddie (31 Aug 2023). "Today Is the Record Date for the Genius Group Spinoff". InvestorPlace. Retrieved 30 Jun 2024.
  14. ↑ "Genius Group Release Additional Details of FatBrain AI Transaction". Markets Insider. 18 Mar 2024. Retrieved 30 Jun 2024.
  15. ↑ "Genius Group, FatBrain AI Merge for Future of Singaporean Education". Asia Education Review. 25 Jan 2024. Retrieved 30 Jun 2024.
  16. 1 2 Pathak, Shalini (19 Mar 2024). "Genius Group & OpenExO Sign Acquisition Deal to Build Global AI Education Group". EdTech Review. Retrieved 30 Jun 2024.
  17. ↑ Mollenkamp, Daniel (28 Sep 2022). "This Company Aims to Become the Amazon of Lifelong Learning". EdSurge. Retrieved 30 Jun 2024.
  18. ↑ "Genius Group acquires California based University of Antelope Valley". The Globe and Mail. 11 Jul 2022. Retrieved 30 Jun 2024.
  19. ↑ "Genius Group Launches Genius City Singapore: Company's 1st Sovereign AI Education Ecosystem". Morningstar. 12 Apr 2024. Retrieved 30 Jun 2024.
  20. ↑ "Genius Group Companies". Genius Group. 3 Jul 2024. Archived from the original on 3 Jul 2024. Retrieved 3 Jul 2024.
  21. ↑ "Equities: Genius Group Ltd". Financial Times. 30 Jun 2024. Archived from the original on 3 Jul 2024. Retrieved 30 Jun 2024.
  22. ↑ "Entrepreneur Resorts - About". Entrepreneur Resorts. 30 Jun 2024. Archived from the original on 3 Jul 2024. Retrieved 30 Jun 2024.
  23. ↑ "Upstream – Entrepreneur Resorts (ERL)". Upstream Exchange. 30 Jun 2024. Archived from the original on 3 Jul 2024. Retrieved 30 Jun 2024.
  24. ↑ "About Us – Education Angels". Education Angels. Retrieved 2024-03-03.
  25. ↑ "E-Squared Education Enterprises - About". E-Squared Education Enterprises. Retrieved 2024-03-03.
  26. ↑ "CEO Today Global Awards 2022: Interview With Lilian Niemann". CEO Today Magazine. 25 Apr 2022. Retrieved 30 Jun 2024.
  27. ↑ "About UAV". University of Antelope Valley. 30 Jun 2024. Archived from the original on 5 Jun 2024. Retrieved 30 Jun 2024.
  28. ↑ Brandt, David (16 Mar 2024). "Antelope Valley was the college basketball team without a college. Its season has come to an end". Associated Press. Retrieved 30 Jun 2024.
  29. ↑ "Property Investors Network - About Us". Property Investors Network. Retrieved 2024-03-03.
  30. ↑ "Revealed Films - About". Revealed Films. Retrieved 2024-03-03.
  31. ↑ "Genius Group and FatBrain AI Agree to Merge into Growth Platform to Accelerate the Exponential Economy of Tomorrow". Yahoo! Finance. 24 Jan 2024. Retrieved 30 Jun 2024.
  32. ↑ "FatBrain AI - About". FatBrain AI. 30 Jun 2024. Retrieved 30 Jun 2024.
  33. ↑ Degnarian, Nishan (3 Jan 2021). "How Exponential Organizations And Compassionate Leadership Could Define The Next Decade". Forbes. Retrieved 30 Jun 2024.
  34. ↑ "Open ExO - About". Open ExO. 30 Jun 2024. Retrieved 30 Jun 2024.
  35. ↑ "2022 Annual Financial Report". SEC - EDGAR. 4 Aug 2023. Retrieved 30 Jun 2024.
  36. ↑ "Genius Group Enters into a Securities Purchase Agreement for US$18.13 Million Private Placement". Nasdaq. 25 Aug 2022. Retrieved 30 Jun 2024.
  37. ↑ "Ayrton Capital LLC Securities Purchase Agreement". SEC - EDGAR. 26 Aug 2022. Retrieved 30 Jun 2024.
  38. ↑ "Genius Group (GNS) Stock Soars 60% After Announcing Lawsuit". Markets Insider. 3 Mar 2023. Retrieved 30 Jun 2024.
  39. ↑ "Genius Group Limited v. Alto Opportunity Master Fund, SPC Segregated Master Portfolio B; Ayrton Capital, LLC; and Waqas Khatri". US District Court for the Southern District of New York. Case No. 1:23-cv-01639. February 27, 2023.
  40. ↑ Pan, Eddie (29 Mar 2023). "Genius Group Settles Toxic Lending Lawsuit". InvestorPlace. Retrieved 30 Jun 2024.
  41. ↑ "March 2023 Amendment Letter". SEC - EDGAR. 28 Mar 2023. Retrieved 30 Jun 2024.
  42. ↑ "Genius Group Limited announced that it has received $3.2 million in funding". MarketScreener. 25 Jul 2023. Retrieved 30 Jun 2024.
  43. ↑ Sarvaiya, Deepa (19 Dec 2023). "Genius repays $18.13M notes due before February, 2025". Seeking Alpha. Retrieved 30 Jun 2024.
  44. ↑ "2023 Annual Financial Report". SEC - EDGAR. 15 May 2024. Retrieved 30 Jun 2024.
  45. ↑ "Founder & CEO, Roger James Hamilton, provides personal funding of up to $4 million in Genius Group". Yahoo! Finance. 12 Oct 2023.
  46. ↑ "Insiders Join CEO in Providing an Additional $2 Million Funding to Genius Group". Seeking Alpha. 25 Oct 2023. Retrieved 30 Jun 2024.
  47. ↑ "Genius Group Announces Closing of $8.25 Million Public Offering". Markets Insider. 17 Jan 2024. Retrieved 30 Jun 2024.
  48. ↑ "Genius Group Retains Law Firms to Investigate Recent Market Activity". Business Wire. 10 Nov 2022. Retrieved 22 Nov 2023.
  49. ↑ "Genius Group Announced the Initial Results of Its Shares Market Activity Investigation". Nasdaq. 4 Jan 2023. Retrieved 30 Jun 2024.
  50. 1 2 3 Stein, Phillip (24 Aug 2023). "Genius Group (NYSE: GNS) Short Squeeze: Recent Developments and What Investors Should Know". Microcap Daily. Retrieved 30 Jun 2024.
  51. ↑ Fabiano, Aj (23 Jan 2023). "EXCLUSIVE: Illegal Short-Selling Scheme Puts Genius Group In David Vs. Goliath Fight". Benzinga. Retrieved 30 Jun 2024.
  52. ↑ Linnane, Ciara (19 Jan 2023). "Genius Group stock rallies more than 200% after it appoints former F.B.I. director to investigate alleged naked short selling". MarketWatch. Archived from the original on 19 Jan 2023. Retrieved 30 Jun 2024.
  53. ↑ Yeung, Tom (25 Jan 2023). "Genius (GNS) and Helbiz (HLBZ) Are Fighting Short Sellers. It's the Wrong Battle". Markets Insider. Retrieved 30 Jun 2024.
  54. ↑ Vranic, Edward (23 Jan 2023). "Genius Group: The Short Squeeze Theory May Actually Work". Seeking Alpha. Archived from the original on 27 Oct 2023. Retrieved 30 Jun 2024.
  55. ↑ Zambonin, Bernard (24 Jan 2023). "Why Micro-Cap Companies Are Joining GameStop in the Fight Against Naked Short Sellers". The Street. Retrieved 30 Jun 2024.
  56. ↑ O’Brient, Samuel (16 Aug 2023). "3 Meme Stocks Whose Checkered History Makes Them Toxic". Markets Insider. Retrieved 30 Jun 2024.
  57. 1 2 Yu, Jea (31 Jan 2023). "Is the 1,600% Rise in Genius Group Stock Justified?". MarketBeat. Retrieved 30 Jun 2024.
  58. ↑ Pan, Eddie (23 Jan 2023). "Genius (GNS) Stock Heats Up as CEO Roger Hamilton Declares #NakedShortWar". InvestorPlace. Retrieved 30 Jun 2024.
  59. ↑ Linnane, Ciara (20 Jan 2023). "Genius Group CEO on why his company is fighting back against naked short sellers — and it's not alone". MarketWatch. Archived from the original on 23 Jan 2023. Retrieved 30 Jun 2024.
  60. 1 2 Brickates Kennedy, Val (19 Jan 2023). "Genius Group unveils plan to battle stock manipulation, shares rally over 200%". Seeking Alpha. Archived from the original on 20 Jan 2023. Retrieved 30 Jun 2024.
  61. ↑ "Genius Group Releases Schedule of Shareholder Actions". Yahoo! Finance. 13 Feb 2023. Retrieved 30 Jun 2024.
  62. ↑ AIT News Desk (24 Nov 2021). "Horizon And MERJ Launch 'Upstream' Securities Exchange And Trading App For Novel Digital Assets, Securities And NFTs". AiThority. Retrieved 30 Jun 2024.
  63. ↑ "GlobexUS (Horizon) Invites Retail Investors to Own a Piece of the Proprietary Trading and Exchange Technology Powering Upstream, The Global Stock Trading App". Markets Insider. 6 Jun 2024. Retrieved 30 Jun 2024.
  64. ↑ White, William (2 Feb 2023). "Genius Group (GNS) Stock Skyrockets 39% on NFT Plans". InvestorPlace. Retrieved 30 Jun 2024.
  65. ↑ "Genius Group's Investor Meeting - 19 April 2023, 4.15pm EST". YouTube. 19 Apr 2023. 43:30-45:00. Retrieved 24 Nov 2023.
  66. ↑ Upstream (31 Mar 2023). "Genius Group approved to dual list on Upstream, trading to commence April 6, 2023". Medium. Retrieved 17 Nov 2023.
  67. ↑ "Genius Group Commences Trading on Upstream Under the Ticker Symbol GNS". Nasdaq. 6 Apr 2023. Retrieved 30 Jun 2024.
  68. ↑ Brickates Kennedy, Val (2 Feb 2023). "Genius Group stock rallies again on dual-listing, shareholder distribution news". Seeking Alpha. Archived from the original on 28 Jun 2024. Retrieved 30 Jun 2024.
  69. ↑ "Boustead Securities & MERJ Exchange Partner to Bring U.S Investors to Upstream". Yahoo! Finance. 27 Apr 2023. Retrieved 30 Jun 2024.
  70. ↑ Singh, Jaskiran (19 Sep 2023). "Genius Group announces delisting from Upstream". Seeking Alpha. Archived from the original on 30 Jun 2024. Retrieved 30 Jun 2024.
  71. ↑ "Genius Group's Investor Meeting - 19 April 2023, 4.15pm EST". YouTube. 19 April 2023. 46:50-47:20. Retrieved 30 Jun 2024.
  72. ↑ "Genius Group's Investor Meeting - 28 June 2023, 4.30pm EDT". YouTube. 28 Jun 2023. 29:45-32:04. Retrieved 30 Jun 2024.
  73. ↑ "Genius Group's Investor Meeting - 17 August 2023, 8.00am ET". YouTube. 17 Aug 2023. 10:05-10:35. Retrieved 30 Jun 2024.
  74. ↑ "Entrepreneur Resorts - October 2023 Investors Call". YouTube. 27 Oct 2023. 58:35-1:02:39. Retrieved 30 Jun 2024.
  75. ↑ "Entrepreneur Resorts Announces Earnings Call with CEO Roger Hamilton Including Results of Share Count". Entrepreneur Resorts. 20 Oct 2023. Archived from the original on 3 Mar 2024. Retrieved 30 June 2024.
  76. ↑ "Upstream Announces Policy Change that will Discontinue Securities Trading Access for U.S. Individuals" (PDF). Upstream. 1 Nov 2023. Retrieved 30 Jun 2024.
  77. ↑ Kochkodin, Brandon (21 Jul 2023). "The Loony Conspiracy Theory Threatening Wall Street". Forbes. Retrieved 30 Jun 2024.
  78. ↑ "Real Leaders Impact Awards 2023". Real Leaders. Social Enterprise & Education. April 3, 2023. p. 12. Retrieved 2024-03-03.
  79. ↑ "Genius Group Wins Real Leaders Impact Awards". Business Wire. 2023-01-18. Retrieved 2024-03-03.
  80. ↑ "Genius Group Edtech arm, GeniusU, named a Singapore Top 10 Emerging Giant in KPMG Report". Business Wire. 2022-07-25. Retrieved 2024-03-03.
  81. ↑ KPMG & HSBC (2022). "Emerging Giants in Asia Pacific" (PDF). Singapore. p. 53. Retrieved 30 Jun 2024.
  82. ↑ Coffey, Lauren (29 Aug 2023). "California University on Probation After Tech Firm Acquisition". Inside Higher Ed. Retrieved 30 Jun 2024.
  83. ↑ Mark, Douglas (2022). "Is the University of Antelope Valley Running Out of Time?". Online Education. Retrieved 30 Jun 2024.
  84. 1 2 Bauer-Wolf, Jeremy (14 Mar 2024). "Former Administrators of University of Antelope Valley, a For-Profit, Allege Financial Aid Fraud". Republic Report. Retrieved 30 Jun 2024.
  85. ↑ Haller, Doug (16 Mar 2024). "Facing an uncertain future, Antelope Valley played on". New York Times. Archived from the original on 2 Jun 2024. Retrieved 30 Jun 2024.
  86. ↑ Drake, Julie (22 Feb 2024). "UAV Lancaster campus closure near; Antelope Valley Press". Antelope Valley Press. Archived from the original on 30 Jun 2024. Retrieved 30 Jun 2024.
  87. ↑ Drake, Julie (1 Mar 2024). "UAV still seeking new home". Antelope Valley Press. Archived from the original on 2 Jul 2024. Retrieved 30 Jun 2024.
  88. 1 2 "Notice And Emergency Decision" (PDF). California Department of Consumer Affairs - Bureau for Private Postsecondary Education. 29 Feb 2024. Retrieved 30 Jun 2024.
  89. ↑ Coffey, Lauren (22 Feb 2024). "Turmoil Grows at Embattled California University". Inside Higher Ed. Archived from the original on 30 Jun 2024. Retrieved 30 Jun 2024.
  90. ↑ Stallworth, Leo (29 Feb 2024). "University of Antelope Valley students say closed school took their funds". ABC News. Retrieved 30 Jun 2024.
  91. ↑ Drake, Julie (5 Mar 2024). "UAV ordered to cease all business". Antelope Valley Press. Archived from the original on 30 Jun 2024. Retrieved 30 Jun 2024.
  92. ↑ Drake, Julie (9 Mar 2024). "University of Antelope Valley is no more". Antelope Valley Press. Archived from the original on 30 Jun 2024. Retrieved 30 Jun 2024.
  93. ↑ Eisenberg, Jeff (13 Mar 2023). "A team without a school? University of Antelope Valley playing out its season with no promise of future". Yahoo! Sports. Retrieved 30 Jun 2024.
  94. ↑ Drake, Julie (28 Feb 2024). "UAV students feel 'lost'". Antelope Valley Press. Archived from the original on 30 Jun 2024. Retrieved 30 Jun 2024.
  95. ↑ Medcalf, Myron (24 Feb 2024). "Antelope Valley hoops coach fundraises to get teams to tourneys". ESPN. Retrieved 30 Jun 2024.
  96. ↑ Libit, Daniel; Novy-Williams, Eben (25 Feb 2024). "NAIA's Antelope Valley Rescues Season Amid School's Collapse". Sportico. Retrieved 30 Jun 2024.
  97. ↑ Salerno, Cameron (13 Mar 2024). "Even as Antelope Valley shutters, its basketball teams remain alive with dreams of a national title". CBS Sports. Retrieved 30 Jun 2024.
  98. ↑ "Final Withdrawal Notification". WASC Senior College and University Commission. 10 May 2024. Retrieved 30 Jun 2024.
  99. ↑ Pan, Eddie (2023-03-30). "TRKA Stock Alert: Genius Group Offers to Acquire Troika Media". InvestorPlace. Retrieved 2024-03-03.
  100. ↑ "Genius Group Is Issued Warning Letter by NYSE". Nasdaq. 1 Aug 2023. Retrieved 30 Jun 2024.
  101. ↑ Kan, Michael (30 Apr 2024). "Company Revives Alan Turing as an AI Chatbot, Outrage Ensues". PC Mag. Retrieved 30 Jun 2024.
  102. ↑ Gülen, Kerem (6 May 2024). "AI technology brings Alan Turing back to life". Dataconomy. Retrieved 30 Jun 2024.
  103. ↑ Al-Sibai, Noor (4 May 2024). "In Latest Sign of Dot Com Style Bubble, Startup "Hires" Goofy AI Version of Alan Turing". Futurism. Retrieved 30 Jun 2024.
  104. ↑ Clark, Lindsay (2 May 2024). "Not a Genius move: Resurrecting war hero Alan Turing as your 'chief AI officer'". The Register. Retrieved 30 Jun 2024.
  105. ↑ Robinson, Georgina (31 May 2007). "Suspect 'wealth creation' network in Brisbane". Brisbane Times. Retrieved 30 Jun 2024.
  106. ↑ Cole, Michael (20 May 2008). "Business Networking Scam Hits Shanghai". Mingtiandi. Retrieved 30 Jun 2024.
  107. ↑ "Suspect Business Network Back In New Zealand". Scoop. 20 May 2008. Retrieved 30 Jun 2024.
  108. ↑ "Order of the Court - XL Results Foundation PTE LTD v. Linda Ruck Case MC2475/2006/D - Document ORC11238/2007/L" (PDF). Subordinate Courts of the Republic of Singapore. August 8, 2007.
  109. ↑ "XL Results Foundation Pte Ltd vs Linda Ruck". xlresultsfoundation-legal-file.com. Retrieved 2024-03-03.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.