“PNNX is the most exciting company I have ever been involved with and this debit card agreement unleashes a new, disruptive technology that allows “Your Social Offers” to integrate our system with real money rewards,” said Vincent Risalvato, Chief Executive Officer of PNNX.
"PNNX is 100% debt free and has no convertible debentures, or 504s, and will not entertain any 3(a)10 exemptions, or any other dilutive mechanisms that could hurt our shareholders, as PNNX is fully funded and has no debt."
Oct. 16, 2019: Pennexx Acquires “Your Social Offers” (YSO) a software/internet company that utilizes artificial intelligence and social media for targeted marketing.
"PNNX enables our client’s consumers to have direct money access with a Digital Wallet and physical debit cards usable anywhere MasterCard is accepted as well as the collection of data from those transactions for use in targeted marketing by our clients, through the award winning ePin Labs platform.”ePin Labs slideshow
March 12, 2020 Pennexx Begins Working With Social Media Agency “LEVERAGE”
On October 16, 2019 Pennexx released a PR confirming that it owns a $34,900,000.00 NOL, the acquisition of “Your Social Offers” is done, that its Chief Technical Officer sold his last company to Paul Allen of Microsoft, another acquisition is pending, it is debt free and fully funded, and that there are no "convertible debentures, or 504s, and will not entertain any 3(a)10 exemptions, or any other dilutive mechanisms". https://finance.yahoo.com/news/pnnx-discloses-34-9-million-140038559.html
"With an OS of 46,057,322 shares, the TAX NOL adds approximately .76 per share in value to future PNNX Earnings. "
On October 21, 2019 Pennexx filed an 8K which reads that it "acquired Triple 888’s Logistics Inc., a New York Corporation, as a wholly owned subsidiary, and any and all of its intellectual property for BitGift, its trademark (“Bit Gift”) as well as the domain name bitgiftme.com. ..." https://www.otcmarkets.com/filing/html?id=13693187&guid=gL2SU60an2low3h
On October 23, 2019 Pennexx released a PR which reads that it "Triple 888’s Logistics Inc., a prepaid debit card for cryptocurrency company" ... "Pennexx is paid via “Bit Gift” at the time of purchase as well as when the cardholder spends his or her cryptocurrency as a fee incurred during the conversion process from cryptocurrency to fiat currency." and "We anticipate significant revenues will be generated from sales as well as usage of BitGift. We project selling a minimum of 5 to 10 million BitGift cards annually." The company has upcoming contract negotiations with one of the world’s leading cryptocurrency exchange companies →which has more than $50 Billion in transactions over the past 12 months as of May 2019.
"The Braandz App gives merchants the ability to accept Major brand gift cards as payment. These include gift cards from Walmart, BestBuy, Target, Starbucks and hundreds more. Braandz has unlocked major brand gift cards and now all registered businesses can accept them. Registered merchants can also issue and redeem their own electronic gift cards and activate any plastic gift card in seconds. Real time reporting can also be accessed to ensure that all users have easy access to their account details."
On November 19, 2019 Pennexx filed an 8K which reads "In a meeting held November 18, 2019, Vincent Risalvato was appointed as Chairman of the Board of Directors & CEO and Sunny Sweet has been appointed as the Chief Marketing Officer and Secretary of the Board of Directors. Having appointed new board members and officers of Pennexx Foods, Inc. Alexander H. Cook has resigned all positions and board seat with PennexxFoods, Inc. as of November 18, 2019." https://www.otcmarkets.com/filing/html?id=13750689&guid=7PXvUKOw447FOth
March 12, 2020 Pennexx Begins Working With Social Media Agency “LEVERAGE” Pennexx secured an agreement with LEVERAGE. They bring a combined, 70 years of expertise to the Pennexx team in social media, reputation management, SEO and marketing strategy. LEVERAGE was founded by its Managing Director, Jay Taylor, in 2008 and has worked with over 200 organizations in that time, including Fortune 500 companies and nationally recognized franchise brands. They have an extensive portfolio available at https://leveragedigitalmedia.com.
