Replies to post #15190 on GEX Management Inc (GXXM)

[Euripides90]

Penny Stock-Exempt=Min. $2M-tangible assets,what they're claiming; also filed to retain QB status (with min. 1c price) on 5/19.

This absurd price and the volume/bid-sitting to get in are so far from each other it's SMH. They're upto something or lazy idiots and I don't think they removed Dorvil as CEO b/c they're idiots, they've intentionally paid off the toxic notes & claim they won't take more.

Penny Stock Exempt

This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.

[StockRoomBully]

Well said. They are intentionally flippin the bird to shareholders.