GEX Management Inc (GXXM)

[Nikodemos]

W-R-O-N-G!!! A/S tells the INVESTING COMMUNITY precisely how many shares the company has ACCESS to (for dilutive, presumably "capital raising" purposes): As these ARE the Capital Markets!

Interestingly, the company's LIABILITIES increased ~$650,000.00 over the last 6mos "reported" while they claim CASH increase of $50,000 (during that SAME PERIOD).

According to that BURN RATE: The amount of expenditures equaling ABOUT $110,000.00 per month while they presumably NET LESS THAN $5k (in cash) suggests they'll be TAPPING INTO that share structure AS THEY HAVE since they R/S it.

Simply put:
They claim they took in ~$5k/mo cash over previously reported
And their liabilities/expenses INCREASED by $110,000.00/mo -- over the last reporting period posted HERE: https://www.otcmarkets.com/filing/html?id=16561642&guid=oLT-k6Nt6FVaJth

PROOF directly from recent filing:

The Company has outstanding loans and convertible notes payable aggregating $2.8 million at February 28, 2023 and doesn’t have sufficient cash on hand to satisfy such obligations.

https://www.otcmarkets.com/filing/conv_pdf?id=16561642&guid=oLT-k6Nt6FVaJth

$2.8M at ~50% discount to current 20dma ALONE adds an ADDITIONAL 1.4B shares ALONE (being diluted) easy! ~97B more to go. And as long as their maths (revenues & liabilities) are UPSIDE DOWN, shareholders should EXPECT FAR MORE dilutive practices than what has been noted thus far.

$2.8M/$0.0002 (generous 20dma 50% conversion rate) = 1.4B shares of dilution (MINIMUM). So the 864 O/S now gets roughly 1.5B additional & the O/S is NOW ~2.4B (as accounted for in filing).

Shall we READ further? About their other debts, loans, obligations going forward & BURN RATE to determine HOW MUCH DILUTION ought to be expected here BEFORE the company is profitable?

If this company is such a digital, social media, marketing, etc., presence; why didn't they do THEIR OWN website? Seems plain enough. https://www.dbmmgroup.com/

"Surrey Digital Agency" getting shares here too?

From the SAME FILING:

The Company strategically focuses on developing the business of its wholly owned and revenue generating online marketing services company, Digital Clarity. With deep DNA in its operating market, blending the services of an experienced professional workforce leveraging a technology offering positions the Company in a strong, forward looking structure. Digital Clarity operates in the growing area of digital marketing that helps companies make the most of the digital economy focusing on areas such as Search Engine Marketing (Google, Yahoo! & Bing), Social Media (Twitter, Facebook & LinkedIn) and Internet Strategy Planning including Design, Analytics and Mobile Marketing.

So they say! And YET, they hired someone to do a simple, very generic website? LMMFAO... Uhhmmm-kay!

Let's LOOK FURTHER! Shall we?

Common Stock
The Authorized Shares were increased to 2,000,000,000 in April 4, 2016.

Ooops,....So the A/S has been going in the UP, HIGHER, & INCREASING DIRECTION (not decreasing, sorry!)! According to the filing, the A/S was 2B in 2016. Note they ALREADY have debts requiring that 2B "be SPOKEN FOR" (as previously discussed). So they ALREADY seem to be (as of the Feb 2023 filing) working ABOVE that 2B O/S because, well,.... THEY OWE! And they aren't making money...not really.

Moreover,.... lookie here:

Consulting Agreement
The annual compensation of Linda Perry amounts to $150,000 for her role as a consultant and as Executive Director for US interface to provide oversight regarding external regulatory reporting requirements. In addition, Ms. Perry is the lead executive for capital funding requirements and business development. The agreement has a rolling three-year term through September 2025.

That's a minimum of $12,500.00 per month THROUGH 2025 (as contracted, & disclosed in the filing).
Welp, at CURRENT share prices that's ANOTHER 62.5MILLION shares coming her way EVERY MONTH or 750,000,000 (SEVEN HUNDRED & FIFTY MILLION) shares PER YEAR! 750M this year. And 750M NEXT YEAR. And then, oh yeah, another ~600M through September of 2025.

That's a TOTAL of what? ANOTHER 2.1BILLION shares? So NOW what are we up to? Oh, yeah... let's do the addition.

~2.5B already "committed"
2.1B just for Linda Perry through Sept 2025
And the UPSIDE DOWN business has a HUGE CASH BURN to consider FROM NOW till then as well. *Which has NOT been accounted for in this discussion.

So that puts the O/S at what? ~4.6BILLION already? Before we even discuss rent, employees, business development, utilities, on-going liabilities, etc., etc., etc..

Geez where's the Market Cap at with a near 5B O/S projected WITHOUT all those other expenses, without the CASH BURN factored in, etc.? Well the company would NEED to be worth about $7Million dollars (minimum JUST to remain at this price) & as KeepItRealistic pointed out it's valued currently at $658k with an O/S of 864mm. So if we are KEEPING IT REALISTIC the company already has a SWOLLEN O/S projecting at $7M valuation, nearly 9-10x current... JUST TO STAY at this price point. Which means there's NO UPSIDE GROWTH for shareholders to participate in & profit from (as currently constituted).