The Genio Group released a financial report covering the company's results for its initial period of operations from May 14 to September 30. During the 5-month period covered by its initial report Genio managed to sell some $837,634 worth of its Marvel game.
In December of 2003, Genio closed a $1 million private placement of common stock and warrants. The proceeds of this equity financing will be used to fund working capital requirements such as inventory, advertising, and new product development.