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You have to read closely, reach is the key word here.
So from what I'm seeing the company carried through with what was said.
GLTA
Ferro
April 9 Pennexx has revised its user estimate and now firmly believes they could reach a million users by the end of August of this year.
This means that Pennexx will have access to serve millions of users as the company grows.
Aug 20 "Every time we integrate with a new social media platform, we extend the reach of YSO's offers by millions or even a billion users.
Well said iamadog.
There are a couple of different ways to play the markets, the one's you play and the one's you invest in, and believe will get the job done.
Known as a start up company, which we have here.
If the people running Pennexx have a viable product and are able to get it off the ground, and the market accepts it, anything at this level will be forgotten.
GLTA
Ferro
It's coiled waiting for a catalyst. Accumulation has been slow and steady for a while now.
And if I was a betting man I would say the float is pretty tight here.
Everything you need for a strong run. And Imo it's on it's way sooner than later.
GLTA
Ferro
Your right nosfelle, it did. That's very possible, let's see if we here something from them today.
GLTA
Ferro
Updated S/S remains the same.
GLTA
Ferro
https://www.otcmarkets.com/stock/PNNX/security
Stervc,
I agree it has taken longer than most expected, but with said we have to remember this isn't a fortune 500 company with divisions of people working on getting this off the ground.
We are dealing with an otc start up, so I'm willing to give them the benefit of the doubt, as long as we keep seeing forward progress from the company, which to date we've seen.
Many of us early holders pulled money off the table on the 1st run up.
So the company has proven itself as a money maker already for some.
But I would say if and when Pennexx gets this off the ground, with 11 million less shares in the OS, those old highs will pale in comparison as to where the new highs will be.
When they finally get this venture off the ground, and where this pps is now, I would consider it easy money from this level.
It's only a matter time. Imo
This isn't your typical otc pump & dump flip for quick money play, it's a start up in the making.
GLTA
Ferro
That would be up to the company, as to what they feel would be appropriate, for their new direction.
I would say it's coming.
GLTA
Ferro
When they do finally release their new branded bankcards, it wouldn't surprise me to see a new company name imprinted on them.
One that better fits the companies new path. Time will tell.
GLTA
Ferro
Well said glens0.
GLTA
Ferro
It's definitely out of the norm for the otc.
GLTA
Ferro
This is a list of potential targets for PNNX for social media.The number's are staggering for monthly users.
Lets see how many more platforms they can land.
Even a small percentage of user's could be huge here in time.
It's all about potential here. Time will tell.
https://www.dreamgrow.com/top-15-most-popular-social-networking-sites/
GLTA
Ferro
Social network
Monthly Active Users
Facebook 2,230,000,000
YouTube 1,900,000,000
Instagram 1,000,000,000
Qzone 563,000,000
Weibo 376,000,000
Twitter 336,000,000
Reddit 330,000,000
Pinterest 200,000,000
Ask.fm 160,000,000
Tumblr 115,000,000
Flickr 112,000,000
Google+ 111,000,000
LinkedIn 106,000,000
VK 97,000,000
Odnoklassniki 71,000,000
Meetup 35,300,000
Once again another S/S update on 9/29/20 with no change.
Even with over a million shares traded in 3 trading days, and with that volume still maintain an average pps of .105.
That kinda says something around here.
https://www.otcmarkets.com/stock/PNNX/security
GLTA
Ferro
Yes,with an office on water street I would say your pretty credible. That's not the low rent district that's for sure.
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Ferro
Thanks curious.
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Ferro
Try posting the correct link. Outstanding DD pp. Lol
GLTA
Ferro
It's interesting Will Tynan / T8 Partners is a consultant for Pennexx, and is located on water street in the heart of the NY financial district.
It would be interesting to know what his capacity is with Pennexx.
I would say if your located on water street in NY, your no hack.
In time we should be finding out.
GLTA
Ferro
77 Water Street is a 26-story office tower that sits at the epicenter of New York’s Financial District. Widely considered one of Wall Street’s most recognizable buildings
https://backend.otcmarkets.com/otcapi/company/financial-report/255080/content
https://www.newyorkbusinessgo.com/company?utm_source=5092719
https://77waterst.com/
Interesting they update the S/S only 8 days after the last updated S/S, refer to post# 9452.
It's usually monthly.
Then on Friday, the major volume day with around 750k traded yahoo finance historical shows 0 traded, interesting.
https://finance.yahoo.com/quote/PNNX/history?p=PNNX
GLTA
Ferro
It's all a pretty simple concept isn't it.
Only a matter with this one.
GLTA
Ferro
Ask yourself, how many plays in the otc reduce there already low share structure by 11 million shares and not pump it everywhere.
It says a little something about this one.
GLTA
Ferro
It's coming.
GLTA
Ferro
Going to be some of the easiest money in the otc from this level,very shortly.
GLTA
Ferro
We should also be hearing about our other pre paid debit card BITGIFT, that should be close to being up and running along side the new YSO pre paid debit card.
Pennexx should be seeing some nice movement north of this pps,when we finally get the news these two cards are in place,and operational.
GLTA
Ferro
Pennexx has acquired BitGift, a company that is creating a unique pre-paid debit card.
Just a little background for VistaMoney, the backers of the new upcoming YSO Debit Bank Card for Pennexx. For which most revenues will funnel through.
The YSO Rewards/Debit Card will be one of the biggest moves to date for Pennexx,when it arrives.
Globally is the important word to focus on. It just shows the potential here for Pennexx and YSO,once they begin to virally spread across social platforms.
GLTA
Ferro
VistaMoney’s pioneering service allows our clients to offer multiple international payment solutions to merchants, corporations and individuals. The service may be white labeled using the client’s existing infrastructure coupled with the VistaMoney infrastructure giving global coverage. In addition, VistaMoney is a global provider of prepaid debit card programs. Its focus on global payments and on emerging markets make it a unique provider in this business. Deploying SMS mobile financial services, VistaMoney customizes its prepaid card programs to meet both client and member cardholder needs by adding a secure payments platform to control and manage financial transactions from a user’s mobile phone as well as online. VistaMoney acquires and loads funds into wallet and merchant systems around the world from fields as diverse as internet gambling to simple electronic downloads.
https://www.vistamoney.com/aboutus.php
Share Structure still looking good.
https://www.otcmarkets.com/stock/PNNX/security
Now let's see if we can get an update from the company.
GLTA
Ferro
The company missed there target date of Sep 1, for this which is unfortunate, but not unheard of in a new business start up in the otc.
But I would say we should be seeing these new developments along with the new YSO Rewards/Bank Card and the new BitGift Card very soon. Imo
It's a positive sign when you see a new start up company tweaking there products,as they continue move forward with their business plan.
GLTA
Ferro
Pennexx has been developing a range of new features in the latest version of its Your Social Offers merchant dashboard and user portal. The launch will be open to the public on September 1, 2020.
The new merchant dashboard will enable users to create a variety of new types of rewards. Further news on these new rewarding features will be forthcoming during the public release of the dashboard.
The new user portal will allow users to manage their YSO reward account, track credit, and ultimately administer their prepaid debit card account.
This paragraph pretty well sums it up, with what about to happen here.
And will be one of the biggest turning points for Pennexx, since their conception, and will allow revenues to begin to flow into the company.
GLTA
Ferro
Pennexx (PNNX) is approaching the launch of its branded prepaid debit card program. The company has been fully approved and finalizing the deployment, such as the graphics for its customized prepaid debit card. These debit cards will allow Pennexx's (YSO) to credit rewards directly into their users' prepaid debit cards, enabling utilization online or in-store. YSO can then propel into its Social Media Influencer program.
Things will begin to change around here, when they finally release the news that the YSO Rewards Bank Card along with the BitGift Cards are available for use, because without them the company can't be fully operational.
Because user's can't be rewarded along with the influencer's that will put Pennexx on the map.
When you start to talk rewards money or otherwise people will start to take notice.
And I would say pretty quickly. Imo
Business's will be more on board with Pennexx when everything is up and running completely with these rewards cards in place, and the influencer's are on board to pimp their deals.
Then as the company has stated they have access to WhatsApp, Pinterest and Reddit platforms, which gives them access to millions or more of user's,and then combine the YSO Rewards Card/ Bank Card and the BitGift Cards, with the influencer's business's will start to take notice with Pennexx.
Along with the investment world, and with the share structure here, you will see the pps moving much higher as the company finally begins to produce with everything in place and up and running.
Many early traders in this pulled money off the table on the 1st run up, but I would say when they get everything up and running around here, there will be a much bigger run coming, simply because the company is so much farther along than before.
And there's also 11 million less shares in the OS.
Things are still progressing, and that's all you can ask of a start up company.
GLTA
Ferro
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-Has-Launched-an-Integration-With-Pinterest-Reddit-and-WhatsApp-Opening-Up-Billions-of-Users-Who-Can-be-Rewarded-?id=271457
Let's see if we get any company updates today.
GLTA
Ferro
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-is-About-to-Launch-the-Your-Social-Offers-Debit-Card-as-They-Enter-the-Projected-47-Trillion-Dollar-FinTech-Indu?id=271887
Pennexx has been developing a range of new features in the latest version of its Your Social Offers merchant dashboard and user portal. The launch will be open to the public on September 1, 2020.
The new merchant dashboard will enable users to create a variety of new types of rewards. Further news on these new rewarding features will be forthcoming during the public release of the dashboard.
The new user portal will allow users to manage their YSO reward account, track credit, and ultimately administer their prepaid debit card account.
Hopefully Sep 1 is the day they turn the page here with Pennexx and YSO and start the next chapter.
GLTA
Ferro
That's the great thing with these social media platforms things can grow very quickly, for very low overhead to the company.
GLTA
Ferro
Agreed.
Once this YSO prepaid debit rewards card is out, you will see see YSO blow up pretty quickly with user's.
Hopefully they put it out at the same time as the YSO dashboard update on September 1
GLTA
Ferro
Things should start to evolve very quickly, once the rewards debit card comes online.
Forward progress is all you can ask of a start up, and we're seeing that here Pennexx.
GLTA
Ferro
Lets see if there new rewards debit card comes online, at the same time as their new YSO dashboard.
GLTA
Ferro
Pennexx has been developing a range of new features in the latest version of its Your Social Offers merchant dashboard and user portal. The launch will be open to the public on September 1, 2020.
As soon as this new YSO rewards debit card is released for use, everything here will amp up here very quickly.
Because it's the one major piece that completes how YSO will work, by rewarding it's user's.
Without it, YSO can't fully operate.
And to be able to get your YSO rewards debit card you will have to pay a fee, which in return will start one of the lines of revenue for Pennexx.
When this card comes online, it will be one of the biggest company moves to date for Pennexx.
GLTA
Ferro
https://ih.advfn.com/stock-market/USOTC/pennexx-foods-pk-PNNX/stock-news/83134417/pennexx-is-about-to-launch-the-your-social-offers
Pennexx (PNNX) is approaching the launch of its branded prepaid debit card program. The company has been fully approved and finalizing the deployment, such as the graphics for its customized prepaid debit card. These debit cards will allow Pennexx's (YSO) to credit rewards directly into their users' prepaid debit cards, enabling utilization online or in-store. YSO can then propel into its Social Media Influencer program.
With these new prepaid debit cards, YSO will offer its users a unique and innovative method of being rewarded. YSO can continue to cultivate more clients, as this will open the possibility of real cash rewards for sharing offers on Facebook, Pinterest, Twitter, and other social media platforms.
The prepaid debit card will also supercharge YSO's growth through the use of social media influencers. For the first time, social media influencers will be able to 'send' influence directly, post, and share on social media and then immediately receive the payment to their prepaid debit card in a seamless manner.
This company continues to develop and move forward, and that's all you ask of a start up company.
Progression says it all for this one.
GLTA
Ferro
Pennexx has been developing a range of new features in the latest version of its Your Social Offers merchant dashboard and user portal. The launch will be open to the public on September 1, 2020.
Part of being a publicly traded company, is for the purpose of raising company operational funds through the sale of shares until they're are able to generate revenues, for growth and day to day operations etc.
So as long as the company continues to show forward progress I wouldn't worry about any minor dilution going on, If any.
This is the otc and BS goes on everyday.
But as this company continues to move forward, and builds in validity the market and real investment will come around and the pps will respond.
This is a real start up in the making. Imo
And that's hard to come by in the otc cesspool.
GLTA
Ferro
Agreed.
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Ferro
Non I hub money will start flowing into this one.
Then watch the pps here.
There will be millionaires coming out of this investment.
GLTA
Ferro
CB the BS will lose out in time with this one.
GLTA
Ferro
Very big news and just another step forward for a real company in the making.
GLTA
Ferro