GEX Management Inc (GXXM): Gxxm! NOTE 6. PROPERTY AND EQUIPMENT...

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Re: Melly Mell post# 13329

Friday, 05/24/2019 12:06:23 PM

Friday, May 24, 2019 12:06:23 PM

Gxxm! NOTE 6.
PROPERTY AND EQUIPMENT

As a result of the foreclosure actions related to the AMAST and Setco properties, the Company did not own material fixed assets as of March 31, 2019 compared to December 31, 2018:

Mar 31, 2019 Dec 31, 2018
Land $ - $ 11,333,778
Buildings - 2,125,642

https://www.otcmarkets.com/filing/html?id=13443482&guid=HCLyUFmjSlMiyth#FORM10-Q_HTM_B_011

Forclosure means you cant pay or holding out for bankruptcy.

No land no fixed assets, virtual office?

Ignoring facts is worst than assuming.

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