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Pennexx's goal of millions of users would dramatically increase its value, making it commensurate with other companies that have achieved success in the social media, couponing, and rewards space.
Pennexx is the first Company to monetize word of mouth advertising through social media, and users can be rewarded through its recently approved MasterCard™.
YSO allows you to easily share your happy customer's recommendations with their friends, creating an organic viral growth marketing campaign that brings merchants to a vast new customer base.
Professional Services can now reach out to new customers via social media campaigns. YSO lets you design your custom campaign and share it quickly, reaching your new and existing customers.
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Fourth-quarter revenue has approximately doubled compared to the third quarter and has opened the door to the possibility of a significant revenue increase for 2021.
PENNEXX Prepares for Uplisting to OTCQB, Discusses the Value of its $34.9 Million NOL Carryforward, and Announces Issuance of Shares to its Management Staff
Uplisting is in line with the Company's ongoing strategy to increase transparency to its shareholders, prepare the Company for rapid growth and increase shareholder value.
About Pennexx Foods Inc. (PNNX: OTCMKTS US). Pennexx, through its wholly-owned subsidiaries, is a holding company within the Software/Internet Industry focused on social media, prepaid debit cards, BitGift™, artificial intelligence, targeted marketing, and consumer rewards.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
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