Orlando,
FL -- July 27, 2021 -- InvestorsHub NewsWire --
via Emerging Markets
Sponsored Commentary -- Exciting news from
profiled company Pennexx Foods Inc. (Other
OTC: PNNX), a
technology company within the Software / Internet and Fintech
industries who gave the market a little insight not often seen at
their strata of the market.
It's
worth reviewing.
In
a very recent
press release the Company
confirmed that it had in fact had its second straight quarter of
profitability and expects to have breakout performance in
the third and fourth quarters of this year.
Profitability is no small feat for companies on
this exchange and a second profitable quarter consecutively
suggests that the first wasn't an anomaly and that a trend may be
forming. The Company saying in print that it expects "breakout
performances" the next two quarters might be even more
exciting.
Kinda
makes you want to see that Annual Report next year,
right?
And
despite the warm fuzzies generated by the aforementioned there was
another line that we think stands out.
From the
same release:
"They
also anticipate a dramatic rise in the number of users registered
to https://yoursocialoffers.com (YSO)."
This
means one of the Company's real profit engines is expected to
expand dramatically. You do the math on your own chalkboard as to
what this might mean.
Even
further down in the release are two nuggets that frankly could have
been standalone subjects for an Emerging Markets
Report.
Two
excerpts:
"Growing
organically without having to raise significant funds during this
phase of the company proves the commercial viability of the YSO
(Social Media Deals and Coupon) platform and reduces any need for
dilution of the stock keeping shareholder value
high."
He's
absolutely right and as experienced small and microcap reporters we
can tell you that predatory financing and subsequent dilution is
among the biggest, if not the biggest, enemy to
success.
And
this…
"Pennexx
is poised to achieve its goals embarked upon earlier this year
which is anticipated to grow the value of the company such as
becoming fully audited and uplisted to the
OTCQB."
Fully
audited and ascending to the 'QB are massive improvements for
Pennexx. As we've mentioned before, rising to the OTCQB
historically positions companies for better lending propositions
and makes them available to a much broader class of brokers and
investors, nevermind the inherent benefits of transparency for all
concerned.
Doesn't
hurt that all this contemplated success is aligning with a company
coming off two great quarters with very high expectations for the
next two.
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Pennexx Foods
Inc.
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SOURCE: Emerging Markets
Sponsored Commentary
Pennexx Foods (PK) (USOTC:PNNX)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Pennexx Foods (PK) (USOTC:PNNX)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024
