More News from CGE Energy

CGE Energy Marks $100 Million Saved for Growing Customer Base


CGE Energy today announced it has surpassed more than $100,000,000 in energy savings for its business, local government and non-profit customers. This significant milestone underscores the large, growing demand for CGE’s sustainable energy solutions.

CGE Energy: One More Municipality Sustained, 89,000 To Go


In supporting local government agencies, CGE Energy is dedicated to helping municipalities across the U.S. to serve their communities by reducing public energy consumption and generating clean, renewable power. With 89,004 local governments nation-wide, according to the U.S. Census Bureau, and with many agencies within each, CGE Energy sees an immense opportunity to make a difference.

CGE Energy Implements Custom Energy Solution for Garden City DDA


CGE Energy recently completed a CGE Sustain project for the Garden City Downtown Development Authority. Having $0 invested with CGE Sustain, Garden City DDA was able to turn wasted energy expenses into a positive cash flow of over $20,000 over the next 10 years.

CGE Energy Announces Official Launch of CGE Sustain Program


CGE Energy is pleased to announce the official launch of their exclusive CGE Sustain energy upgrade program. CGE Sustain offers corporations, non-profits and governments the easiest path to implement energy efficiency and renewable energy solutions.

CGE Energy Releases President’s Update for November 2016


I want to highlight some of the “common sense” decisions we will provide more detail on in forthcoming press releases. Each of these business decisions makes good sense for our forward progress, offers a better experience for our customers and creates value for our shareholders.

CGE Energy Releases Shareholder Update and Exchange Up-list Plans

Posted on in News

Dear shareholders:

On June 15th, we announced the engagement of independent registered public accounting firm Zwick & Banyai, PLLC to perform a certified audit of fiscal years ending March 31, 2015 and March 31, 2016. This was an important strategic move to create greater opportunity for our long-time shareholders and attract new retail and institutional investors by providing transparency.

Two years of certified audited financials is required to qualify for full-reporting status and the Company’s planned up-list to the OTCQB Marketplace. The OTCQB is considered by the SEC as an “established public market” for the purpose of determining the public market price when registering securities for resale with the SEC. OTC Pink, our current exchange, is not considered as such and some broker dealers may not trade or recommend OTC Pink stocks. Because the OTCQB dramatically increases transparency, reporting standards, management certification and compliance requirements, the majority of broker dealers trade stocks on the OTCQB. Historically this has resulted in greater liquidity and awareness for companies that reach the OTCQB tier.

This decision represents our continued commitment to our shareholders, and management believes that trading on the OTCQB will enhance CGEI liquidity, transparency, broaden our shareholder base and continue to increase market adoption of our integrated energy solutions business model.

In recent months, we have been aware of issues regarding the CGEI stock being shorted and price manipulated by the misreporting of the stock sales price. In addition to reporting these activities to FINRA, OTC and the SEC, by up-listing to the OTCQB, we will minimize these future predatory practices and activities. We will not tolerate this disrespect of our loyal, “long” shareholders.

Due to the timing of our in-process certified audits, it has caused a delay in our March 31st, 2016 fiscal year end financial statement and subsequent June 30th, 2016 quarterly financial statement. Upon their timely completion, the audited
financial statements will be properly filed and delivered in the format the SEC requires for full-reporting status and the OTC Markets stop sign will be cleared.

On behalf of the CGE Energy, Inc Management, thank you for your patience and support.

About CGE Energy

CGE Energy (OTCPink:CGEI) is the leading engineer of no capital cost energy solutions. Headquartered in Brighton, Michigan, the company integrates the optimal configuration of renewable energy and energy efficiency technologies to meet their customers’ unique energy needs. Today the company serves customers in the U.S. and abroad, using energy technologies that include Cree® LED lighting, their patented WIND•e20® wind turbine and SolarWorld® solar generation.

This press release may contain forward-looking statements including statements regarding our expectations, beliefs, intentions or future strategies that are signified by the words “expects,” “anticipates,” “intends,” “believes” or similar language. These forward-looking statements involve risks, uncertainties and other factors. All forward-looking statements included in this press release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results may differ materially from those projected in the forward-looking statements.