Pennexx Foods Inc (PNNX)

[PENNIEStoSTACKS]

“We anticipate significant revenues will be generated from sales as well as usage of BitGift. We project selling a minimum of 5 to 10 million BitGift cards annually. The company has upcoming contract negotiations with one of the world’s leading cryptocurrency exchange companies which has more than $50 Billion in transactions over the past 12 months as of May 2019. The prepaid card denominations to be offered are $50, $100, $250, and $500,” said Alexander Cook, President of PNNX. Mr. Cook continued, “Pennexx will negotiate the conversion fee of 3% to 5% of the dollar amount exchanged for each card transaction from the exchange while converting cryptocurrency to fiat currency at any merchant in the world that accepts MasterCard. Pennexx will also receive between $2.95 to $4.95 for every card sold (based upon the denomination) and the cost of each card produced is expected to be forty cents.”
https://www.globenewswire.com/news-release/2019/10/23/1934198/0/en/PNNX-Acquires-Triple-888-s-Logistics-Inc-and-its-Intellectual-Property-Bit-Gift.html

What else do you know of ?