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Galaxy Next Generation Inc. (GAXY)

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Last Post: 9/25/2020 4:24:34 PM - Followers: 418 - Board type: Free - Posts Today: 36

                                                GAXY is a "MICRO FLOAT" (16 million) COVID-19
                                     "Shelter-in-Place"   Home Schooling Play!

Galaxy Next Generation's Education Technology Solutions Enable Remote Virtual Learning, a Necessity During the Coronvirus Pandemic
Press Release | 03/16/2020

TOCCOA, GA / ACCESSWIRE / March 16, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, today announced that its classroom technology solutions are installed in school districts across the U.S. that are now providing remote virtual learning to students while the schools are closed due to safety precautions from the coronavirus outbreak.

Galaxy's software is cloud-based and integrated with its interactive panel solution giving students the ability to access lesson plans from anywhere via an internet connection. The software also allows for students to view live lessons during a session from their teacher.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "Our bundled educational software solution enables our school district clients to offer remote virtual learning to its students. This is especially important over the next several weeks while many schools across our nation are closed but will continue to operate remotely in providing education to its students."

Galaxy Next Generation Pays Off Convertible Notes to Avoid Potential Equity Dilution

TOCCOA, GA / ACCESSWIRE / March 17, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that it has repaid and satisfied convertible notes that had become due and convertible into common stock at a discount to market.

Gary LeCroy, Galaxy's Chief Executive Officer, stated, "We are pleased that an existing equity holder shares our long-term strategy and vision and provided funding to the Company in order to pay off additional convertible notes. These notes recently matured and became convertible into common stock. We realized the negative effects those conversions were having on the dilution of our stock and the downward pressure on its price. Thus, we have repaid and satisfied these convertible notes in order to avoid any further potential equity dilution. We are in discussions with both existing shareholders and prospective new ones in order to raise additional equity capital to be prepared to repay and satisfy additional convertible notes as they mature so that we could prevent any further equity dilution and to let the stock trade on its own merits."

Galaxy Next Generation Closes Acquisition of Interlock Concepts

Innovative Audio Acquisition Adds Technology, Expansion to West Coast, and Revenue

TOCCOA, Ga., Sept. 05, 2019 (GLOBE NEWSWIRE) -- Galaxy Next Generation, Inc. (OTCQB: GAXY) (“Galaxy” or the “Company), a provider of interactive learning technology solutions, today announced the closing of its acquisition of Interlock Concepts, Inc., a west coast based audio company focused on creating innovative products that provide fundamental tools used for building notification systems.

The acquisition is comprised of a combination of cash and stock. Interlock Concepts generated approximately $4 million (unaudited) in revenue through the twelve month period ending June 30, 2019.

Interlock Concepts products and services allow institutions access to intercom, scheduling and notification systems they use every day with improved ease of use. It provides an open architecture solution which allows its products to be used in many existing and new environments. Intercom, PA, Bell and control solutions are easily added and integrated with its first to market open architecture design and current software model. Its products combine elements not normally found together over a common IP network, which minimizes infrastructure requirements and reduces costs by combining systems. This strategy also places it at the forefront of school safety and communication.

Gary LeCroy, Galaxy’s Chief Executive Officer, commented, “We are pleased to close this acquisition ahead of schedule, as we previously announced our target date of end of September. We are very excited to add Interlock Concepts’ innovative audio technology to our product suite, as its something that our end customers, especially in the K-12 market segment have been demanding. Interlocks strong growth in the first half of 2019 supports our belief that their technology and positioning in the marketplace will help accelerate our growth. We look forward to working with Brad Ehlert, who successfully started Interlock Concepts and bootstrapped the company from inception. Brad has created solutions implemented in over 1,000 schools valued over $5 billion in 5 years.”

Interlock Concepts Key Products:

  • Phoenix Software Suite (Notification and building communication platform)
    Classroom Audio Product Suite (Amplifier, Lanyard Microphone, Handheld Microphone and speakers)
    Intercom Product Suite (Call Buttons, Microphones and Alert Buttons)
    IP Notification Devices (Clock and Speakers)
    Notification Software
    Speakers (Soundbar, In-ceiling and Wall)



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#23488  Sticky Note News out. edit to add link RoamingBull 09/24/20 08:37:28 AM
#23272  Sticky Note OCCOA, GA / ACCESSWIRE / September 21, 2020 02opida 09/21/20 09:08:43 AM
#23004  Sticky Note Per Madison stock transfer GAXY O/S 2,072,306,901 GoldBrik 09/15/20 12:12:59 PM
#23560   Last ER filing was on a Monday..Hmmm Gaxy Forever 09/25/20 04:24:34 PM
#23559   They held a .027 high since 10:30am Gaxy Forever 09/25/20 04:13:39 PM
#23558   close .027 getmoreshares 09/25/20 04:03:00 PM
#23557   ALPS was showing 10k shares-- over 2 million getmoreshares 09/25/20 03:54:46 PM
#23556   added 3 times today... READY!!! Gaxy Forever 09/25/20 03:48:49 PM
#23555   IMO we will close FLAT! .027 getmoreshares 09/25/20 03:47:41 PM
#23554   DAMN- how many is ALPS HIDING???????? getmoreshares 09/25/20 03:46:17 PM
#23553   Expecting ER out Tuesday at 9am IMO Gaxy Forever 09/25/20 03:37:59 PM
#23552   Sold earlier at .0549 new avg .0266 Gaxy Forever 09/25/20 03:37:06 PM
#23551   It's time to show some green legaltips 09/25/20 03:36:06 PM
#23549   So far so good just been going sideways stew1340 09/25/20 01:27:11 PM
#23548   LOL! I am feeling good today after loading DankStar 09/25/20 01:19:44 PM
#23547   Thats the best come back i have seen stew1340 09/25/20 01:16:34 PM
#23546   Here's a link to a forum that is CopperScout 09/25/20 12:42:23 PM
#23545   Agree their making crazy money but legaltips 09/25/20 12:30:53 PM
#23544   ER next week, acquisition closing mid-Oct and 1st Gaxy Forever 09/25/20 11:28:31 AM
#23543   sounds good 02opida 09/25/20 11:27:51 AM
#23542   or higher 02opida 09/25/20 11:27:32 AM
#23541   would be nice 02opida 09/25/20 11:27:04 AM
#23540   Flying next week and mid-Oct! Gaxy Forever 09/25/20 11:26:27 AM
#23539   I added again 31.5k at .0266 Gaxy Forever 09/25/20 11:24:16 AM
#23538   You’ve all been bamboozled lmfao kgw 09/25/20 11:18:51 AM
#23537   Why so much red today? I thought this Dusty18 09/25/20 11:15:31 AM
#23536   Stocking up for next week! $$$ Topdogg319 09/25/20 11:14:33 AM
#23535   Averaged up added 37.3k shares at .0268 Gaxy Forever 09/25/20 11:10:00 AM
#23534   2nd qtr ER mid-February will take us to .12 Gaxy Forever 09/25/20 11:06:18 AM
#23533   1st quarter ER mid-November will take us to .07 Gaxy Forever 09/25/20 11:06:18 AM
#23532   No green close but we can avg down. GAXY legaltips 09/25/20 10:37:40 AM
#23531   THANKS 4 sharing IFincial 02opida 09/25/20 10:19:25 AM
#23530   August, September revenues won't disappoint us, but 02opida 09/25/20 10:15:08 AM
#23529   OCCOA, GA / ACCESSWIRE / September 24, 2020 02opida 09/25/20 10:12:52 AM
#23528   GREEN CLOSE today-- its Friday! IMO getmoreshares 09/25/20 09:49:20 AM
#23527   5 more months to wait CashMoney75 09/25/20 08:43:36 AM
#23526   $GAXY https://insiderfinancial.com/galaxy-next-generation-making-huge-moves/1804 InsiderFinancial 09/25/20 02:01:22 AM
#23525   Schools are having issues with zoom. They are DankStar 09/25/20 12:25:42 AM
#23524   Tomorrow is the day boys. Load up! flipmode48 09/24/20 08:56:04 PM
#23523   It's tough waiting but I agree, that is glennbama 09/24/20 08:25:12 PM
#23522   I AGREE GX 09/24/20 07:18:11 PM
#23520   ER for 1st qtr is coming out by Gaxy Forever 09/24/20 06:53:15 PM
#23519   .10 is your prediction end of month GX 09/24/20 06:29:11 PM
#23518   I posted this nearly a month ago in mgos 09/24/20 06:10:00 PM
#23517   The earnings will disappoint hugely unfortunately . You CashMoney75 09/24/20 05:51:54 PM
#23516   I'm feeling good about the 10K! Rumor to DankStar 09/24/20 05:40:41 PM
#23515   Tomorrow is a buy day then hold Monday JG7 09/24/20 05:00:16 PM
#23514   We closed right above the vwap. Don't sell Gaxy Forever 09/24/20 04:36:11 PM
#23513   Just think where’d we be without AZZ HOLE looking 4 a win 09/24/20 04:00:35 PM
#23512   New stimulus talk with Nancy and White House DankStar 09/24/20 03:01:16 PM
#23511   That impatient you cant wait 5 trading day? DankStar 09/24/20 02:53:48 PM
#23510   Tomorrow’s going to be a rough day.... and Curacao 09/24/20 02:45:34 PM
#23509   Sharky, we need your positive energy here. Wi 09/24/20 12:29:04 PM
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