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Re: Mikespa12 post# 20475

Monday, 08/19/2019 3:47:06 PM

Monday, August 19, 2019 3:47:06 PM

Post# of 24682
"To accelerate these efforts, GEX has partnered with a reputed, Delaware based Recruitment Process Outsourcing (RPO) firm to bring in highly experienced IT strategy recruitment consultants to work with the GEX sales team to rapidly place qualified candidates to these active positions and start building out the revenue pipeline – these efforts are expected to show results starting Q3/Q4 2019 and continue into 2020 in line with the strategic plan outlined at the beginning of the year."

In addition to these planned strategic growth initiatives which are expected to fully materialize starting with the second half of 2019, management has been focusing on materially improving its balance sheet by significantly reducing or eliminating the debt or debt like instruments related to convertible notes and asset related liens introduced in 2018 while simultaneously exploring opportunities to reduce or eliminate the high interest MCA related toxic debt instruments that resulted in significant interest expenses to the company and a burden to operating capital."

Sometimes I think people don't even read the information put out and they just listen to other peoples interpretations.
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