Pennexx Foods Inc (PNNX)

[stervc]

migelum, Respectfully & Important with these PNNX thoughts...

I can't speak for everyone else, but for me I always start by looking in the mirror and accepting the blame for any investing decision that I make. For me to not do that, especially if I was placing blame on other investors instead of myself, I would see that such would look very ignorant and childish of myself. It's just not my style to sit around all day and talk mess about someone about an investing decision that I made to personally execute. Hmmmm.

I always start by doing my own due diligence (DD). I share my thoughts here within these forums because I believe that such is what these forums are for. My thoughts are not the gospel though. They are just that... my thoughts. My thoughts and feeling about PNNX are the same. I still like PNNX, but I am nothing more than a shareholder just like you. I have no control over what the company does for growing its operations. If I was king of PNNX, I would maybe do some things different, but I'm not, so...

I think most here, to include myself, are not happy with where it's at or how it's been trading as of late. Heck, I'm in one stock now that I have been holding since 2014 at .0001 and finally that stock has come to life with good reason to trade into the pennies. I'm in another stock that I have been in since 2008 and finally that stock is starting to show some life. Heck, I'm in another stock that I bought earlier this year and I was down over 85% but down now over 53% because I put my stupid helmet on to average down to continue taking the risk. My point is that we all have our moments for making some decisions that we are proud of and not so proud of sometimes. Sometimes the market is a little slow in realizing when it wants to give the necessary attention to a stock. Do I think it's going to take years for the market to notice PNNX? I hope not and I think not, but understand... what I think doesn't matter. It matters what the market thinks. I am not the market. I'm just one investor just like you.

Ok, now let's talk PNXX more so from an operational perspective. As I said, I still like PNNX. I don't care that the market is not seeing them right now. I appreciate the CEO of PNNX because he is not doing reckless dilution like we see in so many stocks within the penny stock world. This to me means that PNNX will easily still be in the game for a huge turnaround. Let me further explain my stance a little further...

As crazy as it might seem to some, I still believe in PNNX just the same as I always have. I must admit that I did expect for us to be trading higher, but nothing has changed with the company to make me change how I feel about what they are doing. Let's rehash some of their previous PRs.

This recent PR talks about them having confidence of getting to their goal of 1 million users:
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-Releases-its-Quarterly-Report-Showing-Revenue-and-Talks-About-the-Potential-Value-of-Users?id=280528

So, some might wonder what's so big about getting to 1 million users. Just so one would know, if they got to 1 million users tomorrow, it would not make them worth a billion dollars in value because the value would still have to prove and justify itself for how it will exist in PNNX. However, if Ualá, located in Argentina, has 1.3 Million customers/users and was given an $850,000,000 to over $1,000,000,000 valuation for what they have similar to what PNNX has, then it is a fair risk to take the chance to believe that PNNX has something that would be worth of huge value too. Maybe not the same value, but something significant. What's key to note was that this huge billion dollar valuation for Ualá was given to them by Tencent and SoftBank’s Latin America-focused Innovation Fund:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155030325

Then in this recent PR below, PNNX stated that by using figures by Forbes (https://www.forbes.com/sites/tristanlouis/2013/08/31/how-much-is-a-user-worth/?sh=4c7ab3181c51 ), a million consumer users could be estimated to value a company at $120 Million dollars:
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-Releases-its-Quarterly-Report-Showing-Revenue-and-Talks-About-the-Potential-Value-of-Users?id=280528

I read and believe the article so I can wait for them to get a million users and see how the market treats them. Based on their earlier news below too of them launching an integration with Pinterest, Reddit, and WhatsApp... I'm taking my chances that... eventually.. the market will see what I see:
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-Has-Launched-an-Integration-With-Pinterest-Reddit-and-WhatsApp-Opening-Up-Billions-of-Users-Who-Can-be-Rewarded-?id=271457

v/r
Sterling