Galaxy Next Generation Inc (GAXYQ)

[elkhunter]

GAXY market cap is currently around 5 million. They never seem to be able to acquire much of this Federal grant money being given to the schools and the stock continues to decline in value (suspicious in my opinion) yet they had 3 million sitting around in cash to purchase Interlock Concepts and Ehlert Solutions Group which I hear very little about anymore.
The American Rescue Plan includes: $122 billion for K-12 schools to be distributed through the federal Title I formula for funding schools and districts with concentrated poverty. The K-12 dollars will be focused on helping schools reopen and helping students catch up on learning they have missed during the pandemic.