GEX Management Inc (GXXM)

[Euripides90]

Float stated here=exactly-as-stated on OTCmarkets.com:current Security Detail - however the Unrestricted O/S is considerably less and even with the Restricted it's less so someone might want to ask the company or T/A to explain.

To estimate float where it hasn't been updated: subtract Restricted from Total O/S as a general rule - or roughly "held at DTC" (N/A here).
That is approx. what is explained in the underlined text below. In any case it's LOW and trading accordingly.

https://backend.otcmarkets.com/otcapi/company/financial-report/209010/content
Filed 12/31/18

Next isn't due until end of this Calendar year

OTCQB Certification I, Srikumar Vanamali, Interim CEOof GEX Management, Inc.(“the Company”), certify that:a.The Company is registered or required to file periodic reporting with the SEC or is exempt from SEC registration as indicated below(mark the box below that applies with an “X”):[ ]Company is registered under Section12(g)of the Exchange Act [ ]Company is relying on Exchange Act Rule12g3-2(b) [ ]Company is abank that reports to a Bank Regulator under Section 12(i) of the Exchange Act [ ]Company is a bank that is non-SEC reporting but is current in its reporting to a Banking Regulator[x]Company is reporting under Section 15(d) of the Exchange Act.[ ]Company is reporting under the Alternative Reporting Company Disclosure Guidelines[ ]Other (describe) b. The Company is current in its reporting obligations as of the most recent fiscal year end and any subsequent quarters,and such information has been posted either on the SEC’s EDGAR system or the OTC Disclosure & News Service, as applicable.

c. The Company Profile displayed on www.otcmarkets.com is current and complete as of November 7, 2018 and includes the total shares outstanding, authorized, and in the public float as of that date.d.Please provide the following information as of the latest practicable date:i. Number of Beneficial Owners holding at least 100 shares:75as of November 7, 2018(“Beneficial Owner” shall mean any person who, directly or indirectly has or shares voting power of such security or investment power, which includes the power to dispose, or to direct the disposition of, such security.) ]
ii. Number of shares in the Public Float: 1,309,948as of November 7, 2018(“Public Float” shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding, or any Affiliates thereof, or any Immediate Family Members of officers, directors and control persons.)

Info is fully reporting, kept updated per reg's and the cost isn't borne by "sham" companies, this adds a level of credibility and a company which falls afoul loses the QB status.