Replies to post #22391 on GEX Management Inc (GXXM)

[Power of Emouna]

Phone no phone they have a signed contract with a California high growth social media video entertainment company! LOL!!! Maybe operating through cell phones!!! $GXXM


In Q4 2019, GEX signed a contract with a California based, high growth, highly visible, social media video entertainment platform to provide key corporate consulting services - this contract has started to drive revenue starting Q4 2019 and is expected to significantly expand growth in future periods with a focus on providing corporate strategy


Furthermore, GEX is in talks with multiple staffing and consulting companies to identify synergistic acquisition opportunities to help compensate for the lost revenue and growth momentum in Q4 2018 and 2019 due to the contract terminations of legacy businesses and regain its position as a top tier business services firm in the US while also developing a long term and sustainable business pipeline model. Management expects these and other potential organic and inorganic growth initiatives to help the firm eventually achieve strong and stable revenue growth while also help move towards profitability by targeting a higher margin, lower cost business model and relying on less expensive debt instruments to help reduce the burden across the firm’s capital structure while maximizing efficient use of operating capital during future periods.