Genius Group Limited (GNS) has released an update.
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Genius Group Limited is currently engaged in litigation over alleged contract breaches, including a case against Marco & Sandra Johnson regarding the University of Antelope Valley acquisition and a defense against Sabby Volatility Master Fund Ltd. In addition, the company is preparing to take legal action against purported stock market manipulation, with damages estimated between $251.3 million and $262.7 million. To support cash flow, the company has also initiated employee compensation programs involving voluntary salary deferral and stock payment plans, signaling strong workforce commitment.
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