Targeting the Multi-Billion Dollar Global Social Media Marketplace with a Powerhouse Leadership Team: Pennexx Inc. (Stock Symbol: PNNX)

• Focused on Social Media, Prepaid Debit Cards, Artificial Intelligence, Targeted Marketing, and Consumer Rewards.
• Completed PCAOB Audit Encompassing Year 2020 Financial Certification.
• Working Towards Up-Listing to the OTCQB Market Tier.
• Advisory Board with Over 100 Years of Marketing & Business Experience.
• Second Straight Quarter of Profitability Recorded in 2021 with Expectation for Breakout Performance Through the 2nd Half of the Year.
Pennexx, Inc. (PNNX), by means of its wholly-owned subsidiaries, is a holding firm inside the Software/Internet Industry centered on social media, pay as you go debit playing cards, synthetic intelligence, focused advertising and marketing, and client rewards. PNNX merchandise capitalize on the multibillion-dollar social media market by enabling retailers to make use of social media to accumulate, retain and develop their buyer base. PNNX Your Social Offers (YSO) customers scan a QR code or click on a put up on-line, register, and share that reward with their mates. 
PNNX is creating pay as you go debit playing cards which hyperlink to its YSO program so rewards may be robotically added. YSO may also leverage synthetic intelligence (AI) to optimize and create focused advertising and marketing campaigns. PNNX has acquired BitGift, a firm that’s creating a distinctive pre-paid debit card. PNNX makes use of patent-pending expertise and will probably be submitting extra patents for instance, “A system for monetizing social affect.” PNNX earns cash by means of subscription charges, per-use costs, transactional charges, and contracts with its prospects. 
PNNX is presently poised to achieve hundreds of thousands of customers by means of its viral social media strategy. PNNX helps companies develop extra effectively than conventional advertising and marketing campaigns. This strategy decreases the acquisition value of buying new prospects. Customers log in by means of the service provider portal to regulate their campaigns and think about stories on the standing of their success. YSO has proven a 96% adoption fee amongst companies. 

On September ninth PNNX introduced that it has been efficiently audited for the yr 2020. This is a key step in the development of the firm to attaining its objective of turning into a totally reporting billion-dollar participant in the social media advertising and marketing business.
Assurance Dimensions, which is registered with the Public Company Oversite Board (PCAOB), performed a systematic examination of the PNNX accounting books, transaction information, and different pertinent knowledge in accordance with the requirements of the PCAOB. Those requirements require that PNNX deliberate and carried out the audit to acquire affordable assurance about whether or not the monetary statements are free of fabric misstatement, whether or not attributable to error or fraud in conformity with the U.S. Generally Accepted Accounting Principles (GAAP).
Joe Candito, President of PNNX, acknowledged, “The strategy of present process the audit was an especially complete plan of action. It was important to set the stage to maneuver ahead and supply elevated confidence for our shareholders.”
The firm will probably be posting to OTC Markets the audit letter and continues to organize itself for submitting its utility for as much as OTC QB Status.

On August seventeenth the PNNX powerhouse advisory board mentioned continued implementation and development plans for its (YSO) advertising and marketing platform. 
PNNX hosted this helpful workshop with its newly shaped Advisory Board Members:
Mr. Tom Coba has a compelling management document that expands into the monetary sector presently serving as President/CEO of two manufacturers in the enterprise dealer business, one is a franchise operation in 38 states and Canada Tom was former President/CEO of 5 service manufacturers with $2.6B Franchise Services Group of the ServiceMaster firm. Mr. Coba was the Chief Operations Officer globally for the Subway model. Prior to Subway Tom was Vice President of Dunkin Brands with duties for the Dunkin’ Donuts, Baskin Robbins, and Togo’s manufacturers in North America. Mr. Coba has a BS from Tufts University.
Mr. Jeff Moody is a visionary, high-performance chief with 35+ years of numerous enterprise expertise normally administration, home and worldwide operations, and advertising and marketing and product administration. Past positions embrace C.E.O. Rita’s Italian Ice, C.E.O. Subway Franchise Advertising Fund Trust; Chairman, CEO of Metromedia Restaurant Group; President of KFC; V.P. Marketing, GE Appliances; and Sr. V.P. Operations of PepsiCo Restaurants International. Mr. Moody has a BA Amherst College. with Beta Kappa distinction.
Mr. Brian Jennings is a seasoned advertising and marketing skilled with over 40 years of selling /company expertise. His expertise consists of each consumer and company aspect alongside with each home and worldwide expertise. Mr. Jennings was Division Manager for a National Food Chain for all areas east of the Mississippi River working with Franchisors, Franchisees and company stakeholders alongside with promoting businesses instrumental in all phases of native market planning.
Mr. Ron Weinstock is a profitable govt and advisor with over 30 plus years of efficiently launching, constructing, and revitalizing nationwide and regional manufacturers. Mr. Weinstock’s experience consists of an emphasis on goals, methods, model positioning, advertising and marketing, coaching, growth, culinary/R&D, and monetary administration (ROI). Ron’s profession highlights embrace producing successes in client loyalty promotions, repositioning manufacturers, retail turnarounds, and new product and providers launches. Mr. Weinstock Graduated from Duquesne University.
This extremely certified advisory board brings PNNX an added layer to judge their enterprise methods, expertise, present monetary well being and steering, extra networks, leads, and associates to make the most of, and assist construct the YSO model.

On July twentieth PNNX introduced its second straight quarter of profitability and expects to have a breakout efficiency in the third and fourth quarters of this yr. PNNX additionally anticipates a dramatic rise in the variety of customers registered to (YSO).
Growing organically with out having to boost vital funds throughout this section of the firm proves the business viability of the PNNX YSO (Social Media Deals and Coupon) platform and reduces any want for dilution of the inventory preserving shareholder worth excessive.
PNNX is poised to attain its objectives embarked upon earlier this yr which is anticipated to develop the worth of the firm reminiscent of turning into totally audited and up-listed to the OTC QB. PNNX is conducting new nationwide advertising and marketing campaigns they usually consider they are going to drive massive numbers of customers to its web site.
Additionally, the market the PNNX YSO is in is an thrilling development alternative. Digital coupon use by Generation X consumers climbed to 69% in keeping with in a single yr.
The article additionally states, “For the first time, digital coupons overtake print circulars in redemption.”
This, coupled with the corporations positioning which merges social media with digital reductions is seen by PNNX administration as placing a match to gas, they consider that the YSO platform will take off virally financial savings hundreds of thousands of shoppers cash and serving to to develop companies client bases all whereas growing shareholder wealth.
For extra data on Pennexx, Inc. (PNNX) go to: http://www.pennexx.internet and 
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Disclaimer/Safe Harbor:
These information releases and postings could include forward-looking statements inside the which means of the Securities Litigation Reform Act. The statements mirror the Company’s present views with respect to future occasions that contain dangers and uncertainties. Among others, these dangers embrace the expectation that any of the corporations talked about herein will obtain vital gross sales, the failure to satisfy schedule or efficiency necessities of the corporations’ contracts, the corporations’ liquidity place, the corporations’ means to acquire new contracts, the emergence of rivals with larger monetary assets and the affect of aggressive pricing. In the gentle of those uncertainties, the forward-looking occasions referred to on this launch won’t happen.
Media ContactCompany Name: PENNEXX FOODS, INCContact Person: Media RelationsEmail: Send EmailPhone: 866-928-6409Address:2824 Hamlin Pl City: Palm HarborState: FL 34684Country: United StatesWebsite: www.pennexx.internet

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