Replies to post #7435 on Galaxy Next Generation Inc (GAXYQ)

[Magnum7419]

Can we geet a history lesson on FLCR ?https://seekingalpha.com/filing/4158916

Entry Into a Material Definitive Agreement

On June 6, 2018 Full Circle Registry, Inc. (“FLCR”) entered into a Merger Agreement (the “Merger Agreement”) with Galaxy Next Generation, Inc. (“Galaxy”), a corporation formed under the laws of the State of Georgia. Under the terms of the Merger Agreement, the Galaxy shareholders will transfer all the outstanding shares of Galaxy common stock (‘Galaxy Shares”) to Galaxy MS, Inc., a wholly-owned subsidiary of FLCR. In return, FLCR will transfer shares of its common stock to the Galaxy Shareholders sufficient to provide them with an eighty nine percent (89%) ownership interest in FLCR. Upon completion of the proposed transaction, Galaxy will become the wholly-owned subsidiary of FLCR. The obligation to close the transaction under the terms of the Merger Agreement is subject to the normal terms and conditions contained in such agreements.

[Magnum7419]

"Galaxy’s distribution channel consists of 22 plus resellers across the U.S. who primarily sell its product within the commercial and educational market. Galaxy does not control where the resellers focus their resell efforts, generally the K-12 education market is the largest customer base for Galaxy products – comprising nearly 90% of Galaxy’s sales. In addition, Galaxy also possess its own reseller channel where it sells directly to the K-12 market, primarily throughout the Southeast region of the United States."

[Magnum7419]

Thank you so much and I agree GAXY is a strong buy based on :

Pay close attention from 9:54 on :)

https://www.smallcapvoice.com/7-24-19-smallcapvoice-interview-galaxy-next-generation-gaxy/