Replies to post #13329 on GEX Management Inc (GXXM)

[Power of Emouna]

Beautiful proof! Thanks so much for your amazing DD! GXXM 0.10$ coming! Patience will pay off huge with $GXXM$

[DIVEROTC1]

Bulk$hit!

[pb_trading]

Looks like you made some clear connections there, nice dd...

$GXXM

[konshe]

good DD, believable. GXXM run north.

[silkyballer]

Yep.... this just MAY be the merger ;).......

[jdporter]

Great DD

[Melly Mell]

The fact that they just filed a OTCQB Certification last week (5/16/2019) tells me we should be penny bound soon..






https://backend.otcmarkets.com/otcapi/company/financial-report/220647/content




$GXXM

[ApollyonZ]

gxxm! Nonesense bogus hyper!

..As of March 31, 2019, the company had no outstanding accounts receivable balance with its customers.

Related Party Transactions

Debt A g reements

On March 1, 2015 the Company entered into a Line of Credit Agreement with P413 at an interest rate of 6%. This line of credit has a balance of $1,168,933 and $352,100 at December 31, 2018 and December 31, 2017, respectively. On May 2, 2018, this line of credit was extended to April 1, 2020. On September 1, 2018, the line of credit was extended to September 1, 2020.

Professional Service A g reements

On March 1, 2015 the Company entered into an Outsourcing Agreement with P413 Management, LLC (“P413”) to provide back office services to P413. The Company reported no revenues under this Agreement for the three and nine months ended September 30, 2018 and 2017, respectively.

https://www.otcmarkets.com/filing/html?id=13443482&guid=4sLyUW5ugLZMVyh

NO AR, sales stinks.

2015 back office service is no better than CFO offering his office address to be used by Ceo-PD-tm as ticker business address!

gltu

[ApollyonZ]

Gxxm! NOTE 6.
PROPERTY AND EQUIPMENT

As a result of the foreclosure actions related to the AMAST and Setco properties, the Company did not own material fixed assets as of March 31, 2019 compared to December 31, 2018:

Mar 31, 2019 Dec 31, 2018
Land $ - $ 11,333,778
Buildings - 2,125,642

https://www.otcmarkets.com/filing/html?id=13443482&guid=HCLyUFmjSlMiyth#FORM10-Q_HTM_B_011

Forclosure means you cant pay or holding out for bankruptcy.

No land no fixed assets, virtual office?

Ignoring facts is worst than assuming.