Galaxy Next Generation Inc (GAXY)

[richme]

The reason is that they are a dog. I am down 22K now.

[smoking guns]

Seems like the installation process would happen while school is actually out ,not during the fall school session . Hmm, pumping ??

[02opida]

they will come in fall

[02opida]

It’s all about getting some major contracts

[GiantRun]

It’s all about getting some major contracts in Texas and the northeast for there award winning security system. If this doesn’t happen then we lose. If they gain traction then we go to dollars. If not, then it stays under .50 for months and shareholders will continue to hope and lose.

[02opida]

4TH Q = $$$

[kgw]

This company basically sells TV hangers, other than that that's it. It will never see the days it had during the pandemic and the plexiglass nonsense. It's a wash and repeat company, the pps will dwindle down again and in do time dilution will kill it. They sell stock not a product.

[02opida]

should move much higher come 4th Q

[kgw]

The reason why this company doesn't do well is they sell GENERIC forms of MIMIO CLARITY PRODUCTS. MIMIO is the TRADEMARK of Boxlight and they are a very established company that trades on NASDAQ. Most school districts and colleges through out the country purchase equipment directly from Boxlight.

[kgw]

30 days from the beginning of the split. And your broker can charge you $37.50 fee for the re-organizing of the stock, so check with your brokerage.

[splintered sunlight]

If it doesn't hold .36/.37 I think it is in trouble

[elkhunter]

GAXY has now lost 42 percent of its value since the March 7th 2022 reverse split. Share value was $.0039 which translated into a post reverse split value of $.78. Stock now at $.45 or a loss of 42 percent in just over 2 weeks. Good job Magen.

[02opida]

D to come off in time

[02opida]

pickup on those D's > Dips

[work-n-hard]

Nice dip today.

[Winning7]

Always think positive. The mourning period is over. If you still own get yourself together and let’s see this thing through. https://mobile.twitter.com/magen_mcgaheeg2

[elkhunter]

Never fall in love with a stock. GAXY is already morally and ethically bankrupt. Just waiting for their financials to meet the same fate.

[elkhunter]

Not only did the share price decline since the R/S many investors got hit with a reorganization fee. Did the company offer to reimburse those investors. Simple answer is NO.

[elkhunter]

Gary and Magen reminds me of the film "Dumb & Dumber" and GAXY parallels their planned business "I got worms".

[splintered sunlight]

No

NO

[elkhunter]

GAXY announces the hiring of Brad Balaban as Regional Sales Manager for Central U.S.
This person must have hit rock bottom in his sales career to work for GAXY.

[elkhunter]

Does anyone know if Gary D. LeCroy $683,853 and Magen MCGahee $227,500 compensation packages also received a 1:200 reverse split?

[work-n-hard]

And what, pray-tell, is ASCM up to? O', that's right, they just put out another PR.
SMH

[elkhunter]

Newest PR. https://finance.yahoo.com/news/galaxy-next-generation-awarded-software-123000096.html

[elkhunter]

GAXY closed at $.002825 prior reverse split. Thank you Magen.

[elkhunter]

Recommend people google their main office at 285 N. Big A Road Toccoa, GA. Looks like a 50-60 year old former diner now called "LeCroy". Definitely need to work on their company image.

[elkhunter]

At least Magen picked up another 6500 shares at the reverse split discounted price. She now owns 45,121 shares.
https://ih.advfn.com/p.php?pid=nmona&article=87532275

[elkhunter]

GAXY always talks about being transparent with investors but they have a CEO that hides in the shadows. Anyone can write a comment in a PR claiming it's from the CEO. I believe this Gary D. LeCroy actually exists but is he actually in charge of anything or just being used as a puppet and being compensated for his role.

[elkhunter]

Never in my life have I ever experienced a company conduct a reverse split without prior notification to investors. Upset a lot of investors while Magen remains oblivious.

[smoking guns]

My feeling as well. Good product, bad management.

[elkhunter]

The business was faltering due to poor management at sub penny-land now does so at penny-land.

[work-n-hard]

Possible re-load zone before the day is over???

[elkhunter]

Until this company can uplist from the OTCQB exchange and obtain legitimate financing from institutional investors it will just flounder in penny land. When I state legitimate institutional investors I'm referring to those with pension/mutual fund holdings that are barred from investing in OTC stocks under $5.00 because of their responsibility to shareholders.

Stocks that trade below $5 are considered so risky that institutional investors, including pensions and mutual funds, aren't allowed to buy penny stocks and can even be required to sell securities that fall below the $5 mark.

[elkhunter]

I'm still trying to wrap my head around the company's concept of being taken seriously by financiers and customers by artificially raising the share price through the reverse split. It now takes $2.00 to equal 1 cent pre-reverse split. Guess Magen is the only person that can perform math being she was a former school educator.

[work-n-hard]

I hear ya.

[smoking guns]

Good point, just a bit frustrated here.

[work-n-hard]

I was saying it smart that he allowed himself to move up as the pressure hit.
A lot of them time, they seem to just want to get the job done, price be damned.
And I agree, much better to pull the R/S and then put out the good news, so as to support the PPS from falling straight down. As happens after most R/S's.
If they had done it before, it would have gotten swallowed up by the split.

[smoking guns]

Smart selling ??This happened in spite of itself. What was smart (not good for investors)was their announcement AFTER the R/S.

[work-n-hard]

Wew, he moved up. Smart Selling here.

[work-n-hard]

Nice additional gain, but think that's it??? ASCM on top of the Ask.

[elkhunter]

A $500,000 rollout schedule for its G2 Communicator. Strange that they're releasing these order requests within days of the reverse split but nothing in the months prior.
https://finance.yahoo.com/news/galaxy-next-generation-receives-additional-133000237.html

[work-n-hard]

New:

Galaxy Next Generation Receives Additional $500,000 Rollout Schedule for Its G2 Communicator from an Existing Customer, a School District in Colorado #G2 #EdTech #NextGen https://t.co/GMkuyFhEHh

— Galaxy Next Generation (@Galaxy_Next_Gen) March 10, 2022

[splintered sunlight]

LOL

Excellent

[elkhunter]

GAXY is similar to a hospital patient who suffered a major heart attack and has no pulse upon arrival due to establishing a new sub penny 52 week low price. Patient is given a 1:200 reverse split along with loans converted to shares. Patient regains a weak pulse but remains unconscious and in intensive care. Doctors can only inform investors that it is a touch and go situation regarding recovery. Hope and prayers is all that can be done at this point.

[elkhunter]

Still curious what happened to "Tony Grant". Sometimes I think GAXY pays someone a hundred bucks to use their name and appoints them as a Regional Sales Manager. No other work being involved.

With the increased interest in Texas, Galaxy has also recently hired a Central Regional Sales Manager based in Texas in order to serve the geography and growth more efficiently.

TOCCOA, GA / ACCESSWIRE / February 18, 2021 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce the hiring of Tony Grant as its Western Regional Sales Manager, as the Company expands its sales capabilities to support its rapid growth.

[work-n-hard]

Decent day & dollar volume considering.

[looking 4 a win]

Still has to get to $1.40 for me to break even.

[splintered sunlight]

Up 68% - NICE

ASCM showed up - THE KISS OF DEATH!!!!!!!!!

I'm out of here for now....

[elkhunter]

Now that investors have endured the reverse split they should hold GAXY management accountable for uplisting. Management choose the 1:200 ratio as being sufficient. Usually takes between $3.00-$5.00 price range to uplist from the OTCQB.

[work-n-hard]

Holding up well.