Item 8.01. Other Events

Genesys Industries, Inc. (the "Company") would like to provide an update regarding the status of filing its financials, as well as its previously announced name change, increase in authorized capital and forward split (the "Corporate Actions").

The Company is the finalization stage of the audit of its financials for the fiscal year ended June 30, 2020 and anticipates that its Form 10-K will be filed in the coming days. Thereafter, the Company will promptly work to complete its Form 10-Qs for the quarters ended September 30, 2020 and December 31, 2020 and become current with its SEC filings.

In regards to the Corporate Actions, the Company has submitted all paperwork to FINRA and has satisfied all comments except for one. FINRA is still waiting for the Company to become current with its SEC filings. The Company anticipates that FINRA will provide the Company with an effective date of the Corporate Actions after the Company becomes current with its SEC filings.





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