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Agreed.
GLTA
Ferro
The next big move for Pennexx should be the Vista Money/YSO Rewards Card.
Since it's such a large part of how YSO will work.
GLTA
Ferro
Keep up the class, where does revenue come from, users. Business 101.
GLTA
Ferro
It's closing in on the end of August, so let's see if we get any updates from the company, as to where they stand with this statement.
GLTA
Ferro
Pennexx has revised its user estimate and now firmly believes they could reach a million users by the end of August of this year.
It looks as if things should start picking up around here with Pennexx, as it continues to go viral.
A real company in the making.
GLTA
Ferro
YourSocialOffers.com continues to offer more flexibility to meet the needs of all merchants and users on their site. YSO is reporting to add more social media launches coming and more features to launch in the upcoming weeks and months
Share structure still looking stellar, here with PNNX's last otc update.
GLTA
Ferro
https://www.otcmarkets.com/stock/PNNX/security
The OS reduction was done after the close of the 2nd Q. It will show in the 3rd Q.
GLTA
Ferro
Nothing to lose sleep over.This Q is looking in the rear view mirror for a company just getting off the ground.
It will be the 3rd & 4th Q's that will be the one's to pay close attention to,and also any pertinent news coming from the company before then.
I would say we should be hearing about Vista Money and Bitgift fairly soon, because that's how YSO will operate they're rewards program for user's.
It's now up to the company to release news for share holders on where we stand,as a company.
GLTA
Ferro
Pennexx 2nd Q filings out.
GLTA
Ferro
https://www.otcmarkets.com/stock/PNNX/overview
Pennexx 2nd Q is out.
GLTA
Ferro
https://backend.otcmarkets.com/otcapi/company/financial-report/255080/content
If we don't get the Q today,they do have till Monday because of the 15th falling on a Saturday,without filing a NT 10-Q if not out by Monday.
Let's see if they can get it out today.
It will be nice to see what's been going on with the company last quarter.
GLTA
Ferro
I ask any shareholder here to look around the OTC at any of these bloated S/S scam play market caps,and then look at Pennexx's share structure and market cap as of now,less than 4 million $ for a company that's done pretty much everything it has stated it was going to do.
I'll take my chances here.
GLTA
Ferro
https://www.otcmarkets.com/stock/PNNX/security
Keep up with the class,it's not a million in rev's it's a million user's by the end of August,as stated by the company.
This week's Q should give shareholders a better look as to where the company is going and what the company has been doing this past quarter.
Before any judgment's are made about the company,let's see what they have to say in they're next Q.
A 11 million share reduction from a already small share structure is a pretty significant move for any company.
Pennexx has revised its user estimate and now firmly believes they could reach a million users by the end of August of this year.
We should be seeing the next Q within the next 6 business days. Which should start to give us a clearer picture in where the company is heading.
GLTA
Ferro
Nice to see they're keeping up with there state filings.
GLTA
Ferro
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=YOURSOCIALOFFERS%20L190002381280&aggregateId=flal-l19000238128-d10693db-15fc-4d39-bd13-42fdcf9ae41d&searchTerm=your%20social%20offers&listNameOrder=YOURSOCIALOFFERS%20L190002381280
http://search.sunbiz.org/Inquiry/CorporationSearch/GetDocument?aggregateId=flal-l19000238128-d10693db-15fc-4d39-bd13-42fdcf9ae41d&transactionId=l19000238128-57d96c96-3718-4710-93d3-7c2468cbf561&formatType=PDF
Agreed.
This won't be your typical otc play,when it's all said and done.IMO
GLTA
Ferro
I would say there are big things on the horizon for Pennexx. It was a calculated move by the company with a already low S/S to reduce they're S/S by another 11 million,and then not publicly disclose it.That's a highly uncommon move by a company.
I would say this move was done to coincide with an upcoming Q/news coming in August.With a positive Q and or a stellar news release,that reduction could make for a very strong pps move here with Pennexx.
We're do for a company update.
GLTA
Ferro
46er it didn't take us long to climb from .20 to .88 back in January. And that was without any clients signed on yet.
And now we have a growing client base,with what the YSO US map is showing us almost weekly,not to mention a revenue sharing partnership with Global Digital Forensics and also our BITGIFT and YSO pre paid debit card with Vista Money that are about to start up. Also the share structure here is still intact.
So I would say the next run up here Pennexx will make the last one back in January look like peanut's.
I would say with Mr Risalvato saying we should be seeing answers soon,it shouldn't be to much longer for us here.
My guess is August along with the 2nd Q. IMO
GLTA
Ferro
https://finance.yahoo.com/quote/PNNX/history/
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-Partners-With-Global-Digital-Forensics-to-Create-a-Cloud-Based-Forensic-Dashboard?id=264536
https://www.otcmarkets.com/stock/PNNX/news/CORRECTION----PNNX-Enters-Into-Agreement-With-Vista-Money-to-Launch-Its-Worldwide-Your-Social-Offers-Pre-Paid-Debit-Card?id=245504
It should start to get a little more interesting around here with Pennexx in less than a month now,with the next upcoming audited Q.
Obviously the numbers won't be phenomenal,but it will be a start to see how things are progressing forward with the company.
Q's 3 & 4 will be the true test to where things are heading for the company.
GLTA
Ferro
Pennexx’s business strategy is to establish a strong foundation for the company. Their financials for the first quarter of 2020 will be audited. They are currently in the process of identifying a firm who can be relied upon to complete those audits.
Pennexx will have revenue starting in the first quarter of 2020 and is keeping its eye on establishing profitability as soon as practical.Pennexx believes that it is important to reach profitability and grow organically and this is possible because of the company’s plans and the viral nature of its products.
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-Takes-Next-Steps-Building-Its-Business-Revealing-Its-Strategy-and-Launching-Its-First-Product-in-the-First-Quart?id=250793
46er as you probably already know,you can never say never in the OTC.But with that said,I like the odds here with Pennexx with this share stricture and the continuous forward movement with the company.
So far the company has pretty much done as they have stated,and kept a stable share structure.
And as most here know,that's pretty uncommon for a company traded in the OTC.
GLTA
Ferro
Another step forward for Pennexx.The USPTO has approved they're new BITGIFT logo today.
So lets see if the new BITGIFT cards start to get distributed now that everything is cleared.
GLTA
Ferro
https://uspto.report/TM/88650025/ASU20200721005501/
What gets my attention is when the company talks about taking this globally,that's a very big audience and speaks volume for potential here in time.
GLTA
Ferro
Agreed because that's not they're main focus revenue it's what comes after from the consumer taking the company's digital coupons viral.
GLTA
Ferro
According to what the company has stated about the 90 day free trial for company sign ups for YSO at the beginning of April,should of ended or be ending soon.
And the one thing to keep in mind with Pennexx is that it has many different layers of potential revenues especially as it continues to evolve and operate on all aspects of they're business plan.
It shouldn't take to long to see which way this company is headed.
GLTA
Ferro
https://www.otcmarkets.com/stock/PNNX/news/Pennexxs-Your-Social-Offers-is-Poised-to-Help-Businesses-Attract-New-Customers?id=258788
FB it will be interesting to see what that map looks like in another month at the rate it's growing now.
Good times ahead for Pennexx.
GLTA
Ferro
I would say to anybody that has any questions to contact Mr Risalvato he will answer what he's able.
GLTA
Ferro
Vincent Risalvato
vince@pennexx.net
Pennexx Foods, Inc.
Mobile: 813-368-1704
http://www.pennexx.net
According to our CEO,we should be seeing shortly answers to a lot of questions share holders have here, with where Pennexx stands as a company.
Many things coming together with Pennexx.
GLTA
Ferro
The news we should have coming soon,should achieve that number and go beyond it. IMO
GLTA
Ferro
Agreed. Pennexx is adding them at a pretty good clip,and that's pretty impressive.
GLTA
Ferro
Thanks for the update FB. Pennexx just continues to spread out across the US,just as the company has stated.
Only a matter of time with this one.
GLTA
Ferro
No.1 on BB.
GLTA
Ferro
I would say another key piece of the puzzle here is that the management team here are businessmen,and not your typical OTC scam ownership player's,and what I would consider very professional so far. And I would say it's highly unlikely the Who Group would involve themselves in any company BS.
So far the company has unfolded they're business plan,just as they've stated. And you can't ask for more than that from a start up company.
GLTA
Ferro
Pennexx equals Real Company and Real Products coming, and about to be introduced to the US and around the world.
Imagine the revenue potential,when the company is fully operational on all aspects of it's business plan. And then look at the company overhead to obtain these lines of revenue. Minimal compared to return potential. And then the share structure here,this primed for liftoff.
Viral is the keyword here with Pennexx.
GLTA
Ferro
Our final response to the USPTO has been filed as of 7/17/20 for our new BITGIFT logo.
Just another step forward for a real company. And another revenue stream about to start up for Pennexx.
The time is now to take advantage of the cheap shares,because things are about to change here,and this pps will be changing. Pennexx's info pipeline is full and about to be released.
GLTA
Ferro
https://uspto.report/TM/88650025/ROA20200717192813/
https://www.bitgift.info/
Once Pennexx meets the benchmarks to move to higher trading tiers,or to become penny stock exempt,which will open the doors to the real investment world money to move in. And all this only looks to be a matter of time here.
GLTA
Ferro
A newly updated YSO website will be on it's way soon, per our CEO with new features,along with the new YSO logo incorporated into it.
Pennexx continues to evolve and grow,and once it's up and running on all fronts,the real investment money will take notice. And when that happens with this share structure here at Pennexx the pps will move to multi dollars,and never look back IMO.
Pennexx a real company, and is on the launch pad ready for takeoff.
GLTA
Ferro
A lot more to come here with Pennexx. It's just getting started,this price point is a gift,and I would say it's going to be changing before long.
GLTA
Ferro
Thanks for the update FB. They're spreading out nicely with new clients.
GLTA
Ferro
100% Agree with everything iamadog,that's one of the best posts I've seen in a while around here. It sums up everything here with Pennexx
Startup is the keyword,along with follow through and constant share structure.
The clock is running on this one.
GLTA
Ferro
It will come. August we should be seeing the next Q by the 15th.
GLTA
Ferro