GFOO
Industry:
Renewable & Alternative Energy

DESCRIPTION

Genufood Energy Enzymes is a shell company with no active business or revenue. Genufood's original business — distributing enzyme products for human and animal consumption into Asian markets through a multi-level marketing model — was abandoned around 2016 and is not being revived. Genufood's stated direction is to build, own, and operate EV charging stations in the U.S. Under its intended business model, Genufood would install charging stations at third-party sites under agreements with property owners, charge EV drivers for electricity consumed, and share a portion of that revenue with site hosts. As of late 2023, Genufood has two charging sites under construction and three in planning, with no revenue generated. The company has three employees and has acknowledged it needs to raise capital to pursue the EV charging business, with no funding commitments in place.

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