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SINGAPORE - Genius Group Limited (NYSE American:GNS), an $88.5 million market cap education technology company with significant stock volatility (Beta of 11), has scheduled a live call on X.com for August 26, 2025, to provide updates on its ongoing legal disputes, according to a company press release. InvestingPro analysis indicates the stock is currently trading above its Fair Value.
The education technology company, which reported annual revenue of $7.91 million and maintains a healthy current ratio of 3.65, will discuss developments in its market manipulation lawsuit and Racketeer Influenced and Corrupt Organizations (RICO) case during the session, which will feature CEO Roger James Hamilton alongside litigation attorneys James Wes Christian and Mark R. Basile.
In its arbitration case against LZG International (LZGI), Genius Group is seeking rescission of a 2024 Asset Purchase Agreement, return of 7.4 million GNS shares, and $6.6 million in funds. The company reported that LZGI’s attorney Christopher Serbagi has withdrawn from representing LZGI in the Southern District of New York proceedings, citing conflicts of interest.
The company also provided an update on its RICO case filed in Florida against former LZGI directors Michael Moe, Peter Ritz, and two other defendants, seeking triple damages exceeding $750 million. All four defendants have now been served, with Moe required to respond to claims by September 1.
Genius Group previously announced that net proceeds from any legal victories would be divided equally, with 50% distributed to shareholders and 50% used to purchase Bitcoin for its treasury.
The company describes itself as a "Bitcoin-first, AI-powered education group" serving 5.8 million users across more than 100 countries.
The live call will be accessible through a link on the company’s investor relations website prior to the event.
In other recent news, Genius Group Limited has made significant strides in its corporate activities. The company has completed the acquisition of Entrepreneur Resorts Ltd, following an overwhelming 99.97% approval from ERL’s shareholders. This transaction involved the transfer of 50 million Genius Group shares to ERL in a private placement. Additionally, Genius Group has been actively engaging in share buybacks, having repurchased a total of two million shares at average prices of $1.15 and $1.30 per share. These buybacks were part of a program approved by shareholders, allowing the company to repurchase up to 20% of its issued ordinary shares.
Furthermore, Genius Group has announced plans to pursue a dual listing on an Asian stock exchange, aiming to facilitate easier access for shareholders in Asia and Oceania. The company has also taken steps to combat short selling by informing shareholders about the Direct Registration System for shares, which prevents unauthorized share lending. These recent developments highlight Genius Group’s strategic initiatives to enhance shareholder value and expand its market presence.
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