Replies to post #23679 on GEX Management Inc (GXXM)

[Nikodemos]

I just did the remedial math TO PROVE they're ALREADY committed to WELL OVER 5B & they INCREASED the O/S multiple times; up to 2B, & then again HIGHER,... & now 100 BILLION SHARES A/S per filing here: https://www.otcmarkets.com/stock/GXXM/security


That's a VERY BAD SIGN!!

Meaning, ...they're COMMITTED to a min of 5B O/S (according to Feb filings & CURRENT debts) already. Unfortunately FOR THEM, they aren't making ANY MONEY (STILL NOT profitable); even after all these years! Such that if Linda Perry is going to GET her reported $12,500.00 salary PER MONTH (at least through 2025) then one ought to consider the CASH BURN till then. Which might just put the O/S at 10B by then!

And the CASH BURN is significant. Their filing shows NET CASH around $5k/mo against liabilities over 22x @ ~$110,000.00/month.

So, UNTIL FURTHER NOTICE, shareholders should expect MORE DILUTION. It's the ONLY MEANS they have of FUNDING ANYTHING. Including that $12,500.00/mo "consultant" or.... ANOTHER ~750,000,000 (Seven Hundred Fifty MILLION) shares per year through Sept 2025.

Gets DARK early here... Already WAY BEYOND the 8-ball, in MASSIVE DEBT (according to their "revenues") & much more CASH BURN to come! Period.

And that has NOTHING TO DO with my evaluation. Those are THE FACTS!! As reported in their very own filings! https://www.otcmarkets.com/stock/GXXM/security