GEX Management Inc (GXXM)

[Melly Mell]

GEX Management was invited in February to be a Preferred Supplier to Insight Global ( www.insightglobal.com ), one of the largest Managed Service Providers ( MSPs) to Fortune 100 Companies in the Enterprise Technology Consulting and Staffing solutions space.

This has resulted in a significant new business development opportunity for GEX that is expected to yield a strong revenue and growth pipeline starting Q2 2019, with sales expected to pick up momentum in Q3 and Q4 2019.

The first technology consultant that GEX hired through this Preferred Supplier initiative has already been successfully placed at a large PA based financial services firm to provide Business and Quality Analysis professional services to the client with the consultant expected to begin onsite services via GEX starting June 2019;

additional contract hires are expected to follow suit with sales expected to significantly pick up during the second half of the year as a result of GEX sales and recruiting efforts for preferred placement opportunities across the country. Additionally, GEX executed a strategic staffing agreement with a leading Ohio based Healthcare group to deliver staffing, HR management, payroll processing and benefit administration services to the client’s healthcare and clinical practice centers in the mid-west region which is expected to show results starting Q2 2019.

https://www.otcmarkets.com/filing/html?id=13443482&guid=Us2xUnG_srh8Wth

Q2 ends in 11 days. 10-Q should be appealing.