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Pennexx Foods Inc. (PNNX:OTCMKTS US) Has Teamed Up With iTouchNetwork and i…
by admin Food
PHILADELPHIA, PA / ACCESSWIRE / November 16, 2022 / Pennexx Foods (OTC PINK:PNNX) has teamed up with iTouchNetwork and iTouchOrlando in a joint marketing and licensing agreement which enables the iTouchNetwork footprint of digital advertising and Spin2Win technology with Marketing Kiosk advertising program with Pennexx's 4.0 wallet along with the "Your Social Offers" shopping platform. The Pennex Wallet will allow subscribers to access valuable coupons and offers that are featured throughout the iTouchNetwork which is engages the 70 million plus tourists that visit the Orlando, Tampa, and Miami markets yearly.
Pennexx's wallet technology will be the vehicle of redeeming and storing all rewards, coupons, tickets, and other offers for the advertiser network within the iTouchNetwork in addition to other national and local advertisers. This integration incorporates access to millions of impressions, subscriptions, and users, as well an established and existing hotel, advertisers base, and merchant portfolio.
The joint venture will generate immediate revenues with tie in to The iTouchNetwork marketing agreements with their Major accounts like SeaWorld Parks Orlando, ICON Park, Tampa Zoo, Dezertland Park and over 200 Hotels and attractions in Orlando, Tampa, and Miami.
In addition, the Pennexx and iTouchNetwork's sales force will be joint marketing each other's products and clients, such as our Merchant Dashboard and the current established Merchant base utilizing our proprietary sharing technology.
iTouchOrlando is a Digital Advertising company based in Orlando, FL. The Tourist Capital of the World. We use Digital Kiosks that are strategically placed in hotel & resort lobbies and many other high traffic areas to offer Consumers a Digital Guest Services Experience. Our current network of kiosks consists of 209 kiosks strategically placed in 142 hotels. Some of our larger traffic hotels have multiple kiosks that cover not only the front desk but also near the elevators in the hotel. iTouchOrlando has also placed 14 kiosks at ICON Park the premier destination on iDrive and in many of the SeaWorld preferred hotels. This is a very significant relationship with the YSO platform and the 1,000's of people that use the iTouch kiosks to access restaurant coupons and discounted theme park tickets in Orlando stated, Scott Matthews the President of iTouchOrlando and the iTouchNetwork.
For more information Visit the iTouchOrlando website at www.iTouchOrlando.com
Pennexx will do its best to answer your questions and concerns openly and publicly via social media on Twitter https://twitter.com/pennexx@pennexx, @JCandito_PNNX, Scott@iTouchNetwork.com or you may email info@pennexx.net.
About Pennexx Foods Inc. (PNNX:OTCMKTS US). Pennexx, through its wholly owned subsidiaries, is a holding company within the Software/Internet Industry that focuses on social media, prepaid debit cards, 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.
For additional information, you may also visit our website at https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409. Please follow us on Twitter @Pennexx.
SOURCE: Pennexx Foods, Inc.
https://www.accesswire.com/726326/Pennexx-Foods-Inc-PNNXOTCMKTS-US-Has-Teamed-Up-With-iTouchNetwork-and-iTouchOrlando-in-a-Strategic-Joint-Marketing-and-Licensing-Agreement-Which-Enables-the-iTouchNetwork-Footprint-of-Digital-Advertising-To-Integrate-to-Pennexxs-40-Wallet-Along
OM Holdings International Expands the DoGetGo App in Western Jamaica with t…
OM HOLDINGS INTERNATIONAL, INC.
Miami, Fla., Oct. 06, 2022 (GLOBE NEWSWIRE) — OM Holdings International Inc (OTCQX: OMHI) is pleased to announce the successful launch of the DoRide experience within its DoGetGo Super App, at the Half Moon Resort, in Montego Bay, Jamaica. DoRide is a transportation experience that allows users to book rides in real-time, with government-approved drivers who own newer model vehicles.
This launch was done in conjunction with the Jamaica Union Travelers Association (JUTA), Montego Bay Chapter, which previously executed a SaaS agreement with OMHI's technology subsidiary, Rydeum Caribbean, to exclusively use the DoGetGo Super App for real-time booking and payment processing over the next five years for their 12,000 drivers.
With the assistance of JUTA's management team, OMHI plans to progressively onboard drivers until 90 percent of the 12,000 JUTA drivers in the country are onboarded. The company has started onboarding in Western Jamaica, which will receive 72% of the nation's projected 2.45 million visitor arrivals this year. In 2022, these visitors will spend about $2.9 billion nationally, with a large portion going towards transportation expenses. In 2023, the OMHI plans to complete DoRide expansion across the entire country by onboarding additional government-approved transport companies.
Mark Vanterpool, CEO and Chairman of OMHI stated at the launch, "While DoRide is the first experience to be launched within the DoGetGo Super App, it will not be the last. Next year, we intend to use DoRide drivers as an agnostic, nationwide delivery ecosystem for five other DoGetGo experiences—DoFood (food delivery), DoMart (grocery delivery), DoShop (real-time eCommerce delivery), DoSend (courier service), and DoTours (real-time tour booking) by integrating local businesses into the DoGetGo ecosystem. Before the end of 2023, we plan to launch DoMed (telemedicine) and DoTask (professional services), which will synergistically complete the overall user experience."
"We are excited about bringing this Super App to the underserved Caribbean market. We are committed to giving power and freedom to this region, by onboarding vendors of all types and digitizing the exchange of goods and services. In the next couple of months, we plan to launch DoPay (real-time payments), which will allow DoGetGo users to seamlessly send cross-border payments in real time. This will be a game-changer for all residents and create unmatched shareholder value," Vanterpool added.
"This launch completes a milestone that began in 2017 to develop a global multi-tenant, multi-service technology platform for underserved countries. The successful execution from conception to implementation of this platform is a testament to the hard work of the OMHI management team, who is now intently focused on expanding DoGetGo into similar emerging markets globally," concluded Vanterpool.
About OMHI
OMHI operates delivery services and grocery stores in the Caribbean, through a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company's storefront, OneMart, is the second-largest grocery store in the BVI. OHMI's technology subsidiary, Rydeum, has partnered with Jamacia's largest taxicab union, JUTA, to launch the first Super App (DoGetGo) in the Caribbean. The company plans to become the leading provider of real-time goods and services in global underserved markets. For more information, please visit https://omholdingsinc.com/
With the exception of the historical information contained in this news release, the matters described herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by, or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company's ability to raise sufficient finance to implement its business plan, the impact of the COVID-19 pandemic on the company's business, operations and the economy in general, and the company's ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors put forth in the company's filings with the SEC, which are available on the SEC's website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Andrew Barwicki
516-662-9461 / andrew@barwicki.com
OM Holdings International Inc. Opens New Modernized Multi-Level OneMart Sup…
Miami, Florida–(Newsfile Corp. – August 23, 2022) – OM Holdings International Inc (OTCQX: OMHI) is pleased to announce the grand opening of a new OneMart Superstore on July 28th in Fat Hogs Bay, Tortola, in the heart of the East End/Long Look area. The 25,000 square foot store has two levels, ample parking, and is the most modern store in the British Virgin Islands. It is designed to allow more levels to be quickly added for additional warehousing of several new online-only products which, the company plans to offer with its DoShop experience, within its DoGetGo Super App, in the upcoming fiscal year.
Mark Vanterpool, CEO and Chairman of OM Holdings International Inc., stated, "We continue to execute our business plan to develop a network of modern stores across the Caribbean which, will soon serve as warehouse hubs to offer real-time delivery through our highly anticipated DoGetGo Super App."
"These stores are a key component in creating a single cross-border e-commerce platform connecting the 28 countries within the Caribbean with its cumulative $ 400B GDP. Our vision is to merge traditional brick and mortar stores with e-commerce distribution technology into a seamless shopping and delivery experience, which is currently not available in most parts of the Caribbean. As we continue to open more stores, we expect to see an exponential increase in revenues and profit margins, as seen this fiscal year," added Mark Vanterpool.
"Also, with an updated world-class shopping experience, our new stores will offer fresh, quality food options, and innovative services that will allow customers to choose how they shop, pay, and receive their products. Customers will find signature features and conveniences they expect from OneMart, with many new and expanded product selections, including exciting new services. Additionally, the new store's design elements will continue to complement the look and feel of the surrounding neighborhoods," Mr. Vanterpool added.
"We are thrilled to bring a new OneMart store to Fat Hogs Bay, which introduces customers to some exciting features and departments. With an enhanced in-store experience and commitment to top-quality service and selection, this new store is tailored to serve the needs of this growing community and will serve as a model for future stores that we plan to open in the upcoming fiscal year. We plan to open another new store within the next 120 days," concluded Mr. Vanterpool.
About OM Holdings International, Inc.
OM Holdings International, Inc. operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company's storefront, OneMart, is the second-largest grocery store in the BVI. OHMI's delivery subsidiary, Rydeum, has partnered with Jamacia's largest taxicab union, JUTA. The company also provides lumber and other construction supplies to contractors throughout the Caribbean.
For more information, please visit https://omholdingsinc.com/.
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could" are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company's ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company's business, operations and the economy in general, and the Company's ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company's filings with the SEC, which are available at the SEC's website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
OneMart Superstore
https://images.newsfilecorp.com/files/9035/134540_7ee6c69e44735b9a_001full.jpg
OM Holdings International Reports Third Quarter FY 2022 Results
Miami, FL, July 18, 2022 (GLOBE NEWSWIRE) — OM Holdings International Inc. (OTCQX: OMHI) today announced its financial results for the third quarter ended and nine months ended May 31, 2022.
Key Financial Highlights:
Operating Results for the Three Months Ended May 31, 2022
Net sales for three months ended May 31, 2022 was $9.6 million, an increase of 30% from $7.4 million in the same period of 2021.
Gross profit was $2.9 million, an increase of 42% from $2.0 million in the same period of 2021.
Net profit was $699 thousand, an increase of 27% from $550 thousand in the same period of 2021.
Operating Results for the Nine Months Ended May 31, 2022
Net sales for nine months ended May 31, 2022 was $27.6 million, an increase of 34% from $20.6 million in the same period of 2021.
Net profit was $1.7 million, an increase of 62% from $1.1 million in the same period of 2021.
Mark Vanterpool, Chief Executive Officer of OM Holdings International, stated, "Throughout 2021 and into 2022, we implemented a corporate strategy designed to enhance our presence in the market while remaining focused on serving existing customers. We also implemented a sales and marketing strategy that targets tourism throughout the British Virgin Islands. We believe this strategy will provide us with long term growth as well increasing market share in our current markets and locations we intend to open new stores."
"We are encouraged with the manner in which we have emerged from the pandemic with a strong business plan, operating with a focus on efficiency and positioning ourselves to compete in a rapidly changing market. Overall, we believe OM Holdings, its employees, and partners, combined with our business plan, is in a position to support a long-term growth strategy," concluded Mr. Vanterpool.
andrew@barwicki.com
Pennexx Announces the Continued Development and Expansion of its Own Propri…
PHILADELPHIA, PA / ACCESSWIRE / July 12, 2022 / Pennexx Foods (OTC PINK:PNNX) has decided to terminate its cryptocurrency licensing agreement announced in its November 15, 2021, press release and is developing an internal universal loyalty and rewards program which will be released with a future version of our Your Social Offers software this year.
The internal Rewards program adds additional features to our technology platform that will enhance users' functionality of our YSO technology.
The Board decided in this day and age of uncertainty and the concerns of the potential threats of digital hacking, and unforeseen future legislation, it is advantageous for Pennexx to develop our own proprietary system.
Vincent Risalvato, CEO Pennexx said, "By continuing the development of the companies proprietary Universal Loyalty and Rewards program the company has the highest flexibility in providing its merchants access to the technology they need to incentivize customers as well as insulating against future changes or fears in the Cypto Currency marketplaces."
"Considering the electronic and proprietary nature of these assets, cyber perils such malicious attacks that result in the damage or de­struction of data, cyber extortion, unauthorized access and distribu­tion of such data can have signif­icant financial and reputational consequences. Additionally, there are potentially significant expo­sures related to the abatement and defense of intellectual property rights," According to Joe Ziolkowski, managing director of Relm, a Bermuda ­based insurer that specializes in emerging risks such as those faced by digital asset enterprises…
"The rise of these other digital coins may create significant investment opportunities. But regulatory uncertainty about the status of cryptocurrencies leaves economic transactions based on cryptocurrencies subject to regulatory attack and private litigation.", ALMLAW.COM PRO
Pennexx will do its best to answer your questions and concerns openly and publicly via social media on Twitter https://twitter.com/pennexx@pennexx, or you may email info@pennexx.net.
About Pennexx Foods Inc. (PNNX: OTCMKTS US). Pennexx, through its wholly owned subsidiaries, is a holding company within the Software/Internet Industry that focuses on social media, prepaid debit cards, cryptocurrency, 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 according 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.
For additional information, visit our website at www.Pennexx.net or call 866-928-6409. We are also on Twitter @Pennexx.
https://www.accesswire.com/708283/Pennexx-Announces-the-Continued-Development-and-Expansion-of-its-Own-Proprietary-Universal-Loyalty-and-Rewards-Program-Without-the-Need-to-use-Cryptocurrency-Technology
(OMHI) OM Holdings International Signs License Agreement to Offer Mobile Ba…
Dopay
DoGetGo super app
Miami, FL, June 22, 2022 (GLOBE NEWSWIRE) — OM Holdings International Inc. (OTCQX: OMHI) today announced a licensing agreement with IYAP, LLC the owner of the Liquid Cash fintech platform. This license agreement will leverage the existing FDIC banking partners of LiquidCash to allow the API integration of mobile banking into the DoGetGo super app. This integration will allow OM Holdings International to offer banking, money transfer, and cryptocurrency services through partnerships with licensed service providers. OM Holdings International intends to utilize licensed service provides to launch DoPay within the DoGetGo super app in the upcoming months.
DoPay will use next generation electronic Know Your Customer (eKYC) powered by face verification and Artificial Intelligence (AI) for identity confirmation and fraud prevention to offer mobile banking to Caribbean customers. Under eKYC, face verification plays a vital role in detecting facial features and matching them with the data records. In addition, AI's in-built analytics of trained models enable banks to detect fake images and provide in-depth insights to prevent fraud.
Mark Vanterpool, President and Chairman of OM Holdings International, Inc., stated, "We are excited to provide this unique service to our customers, all of which makes buying things in person or online a seamless and secure process. We believe DoPay combined with the DoGetGo super app will be a leading financial processing platform that can be used for various products and services throughout the Caribbean."
DoPay will run on the Liquid Cash platform allowing users to access:
Vendors that onboard to the DoGetGo Platform will now have access to U.S. banking and merchant services to accept credit card payments
Users will be able to transfer cash between other DoPay users in real-time like Cash App® or Zelle®.
DoPay will allow OM Holdings International to benefit from the $2.9 billion remittance market in Jamaica. Remittances contribute to over 15% of Jamaica's GDP.
"Most residents still find it difficult to send and receive money due to the archaic money transfer establishments. With our new license agreement, users will be able to send money with ease. Currently the Caribbean market does not have access to Cash App or Zelle due to banking and technology limitations. Using next generation eKYC powered by facial verification and Artificial Intelligence, OM Holdings International aims to make DoPay the Cash App and the Zelle of the Caribbean. We are planning to launch DoPay in Jamaica at the end of this year and in other Caribbean islands in the next calendar year," concluded Mr. Vanterpool.
About LiquidCash
Liquid Cash, powered by iYap, is a financial technology company that offers a variety of services such as digital payments, crypto, mobile banking, deal promotion, and streaming entertainment within its super app. Liquid Cash offers customers state-of-the-art features such as – contactless checkout, currency exchange, debit cards, virtual cards, in-app shopping, concert/sports/theater tickets, bill pay, instant chat and more. iYap is the backend software provider, and partners with financial institutions to provide digital payments and FDIC insured banking services.
OM Holdings International Opens New Store with Reimagined Format
MIAMI, FL, June 02, 2022 (GLOBE NEWSWIRE) —
OM Holdings International Inc (OTCQX: OMHI) expands its footprint with the grand opening of its first neighborhood OneMart store in Baughers Bay, British Virgin Islands (BVI). The design and location add to the OneMart's 'People's Store' concept by being conveniently located near residential areas and in line with the company strategy and vision to meet customers' needs in their communities and will further promote the delivery app 'DoGetGo'.
Mark Vanterpool, President, and Chairman of OM Holdings International, Inc., stated, "OneMart new stores expansion continues despite delays. Asdue to logistical and equipment manufacturing issues. During the COVID-19 Pandemic, sourcing equipment for supermarkets has been challenging. However, we successfully solved this by accessing auctions of existing equipment."
"Our business plan includes eight new OneMart store openings throughout BVI over the next two years. We intend to develop a network of stores across the BVI that will serve as like Amazon-like hubs to facilitate faster delivery times of essentials through the DoGetGo Super App. As we open new stores, we believe there will be a benefit from economies of scale allowing us to increase profit margins as a result of our purchasing power," concluded Mr. Vanterpool.
The company is pleased to provide an update on the East End Store: East End Fat Hogs Bay superstore is scheduled to open in the third quarter. The New East End Store construction is completed, equipment and shelves are in place, and equipment installation and testing is in progress.
OneMart store in Baughers Bay, British Virgin Islands (BVI)
CONTACT: Andrew J. Barwicki, Barwicki Investor Relations, Inc. T: 516-662-9461 30 Wall Street, 8 FL New York, NY 10005
Om Holdings International, Inc. Announces Record Revenue and Increased Prof…
Company Reports Record Revenue Increase of 36 Percent over 2021
Company Reports Record Profits Up 61 Percent over Last Year
Sales for March and April Exceeded $3 Million Each Month
MIAMI, FL, May 19, 2022 (GLOBE NEWSWIRE) —
OM Holdings International Inc (OTCQX: OMHI) an owner and operator of OneMart super merchandising stores and Builders Depot in the British Virgin Islands and the parent of its technology subsidiary, Rydeum Caribbean, today announced it anticipates a record six months and a record year.
For the six months ended February 28, 2022, OMHI reported record results, with revenue increasing 36 percent to $18,059,000, versus $13,268,000 for the prior-year period. Net profit increased to a record 61 percent, $1,047,832, compared to net income of $650,827 for the six months ended February 28, 2021.
"The increase in business came from our food service operations, delivery services and yacht provisioning, in spite of supply chain pressures and the pandemic," said Mark Vanterpool, President and Chairman of OM Holdings International, Inc. "Our sales are rising even as shoppers see the price of food, fuel and other goods creep higher. Our company continues to become more efficient and productive, which is reflected in our bottom line. Customers are still concerned about Covid, however, but we are seeing new trends that indicate customers want to get back to a more normal life. Our data also shows customers are increasing their purchases but spending less time in our stores."
"I am very comfortable with our steady growth," concluded Mr. Vanterpool, "I am confident we will see continued revenue growth as we begin opening our new stores this year, with a substantial increase in net profit, by year-end 2022."
On February 1 , 2022, OM Holdings International reported record results of more than $4M in sales for December 2021.
OM Holdings International, Inc. (OTC: OMHI), founded in 1986 in the British Virgin Islands (BVI) by Mark Vanterpool, operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company's storefront, OneMart, is the second-largest grocery store in the BVI. OHMI's delivery subsidiary, Rydeum, founded by Mark Hannah in 2019, has partnered with Jamacia's largest taxicab union, JUTA. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information, please visit https://omholdingsinc.com/.
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could" are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company's ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company's business, operations and the economy in general, and the Company's ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company's filings with the SEC, which are available at the SEC's website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Michael J. Porter, President
Porter, LeVay & Rose, Inc.
E: mike@plrinvest.com
YourSocialOffers.com (YSO) Branded Debit Cards Now Available, To Generate R…
PHILADELPHIA, PA / ACCESSWIRE / March 23, 2022 / Pennexx (OTC PINK:PNNX), YSO is now issuing debit cards to consumers so that when a consumer utilizes YSO offers then can be rewarded directly to a debit card that they can use anywhere debit MasterCard is accepted. Users and merchants can obtain their branded debit card electronically and can order a virtual and/or a physical cards.
This groundbreaking addition to YSO can generate revenues for Pennexx on every transaction. Customers can shop and utilize the card like any other debit card, and it can be used to easily upload cash rebates or universal rewards to the branded debit card. Consumers can go to https://cards.yoursocialoffers.com to get their card.
This debit card, along with YSO's patent-pending technology in the gift cards, couponing, and the loyalty rewards industry, will allow YSO to identify users' buying practices. When coupons are redeemed or when integrated into the merchant's point of sales register this information can be stored. This is a significant and step towards YSO's Artificial Intelligence (AI) technology to help merchants target and market to customers efficiently and economically.
YSO will allow merchants to collect revenues from their sales and other income generated from YSO directly on their cards. Influencers and charities can instantly and effortlessly receive funds whilst reaching their followers.
"These additional services made available to our merchants and users will provide an incredible amount of flexibility and provide them with unprecedented benefits. The addition of this payment platform into YSO will help bring more value for our shareholders," said Joseph Candito, President of Pennexx.
The credit card industry has a significant effect on everyday life. 61% of American consumers have at least one credit card, and the average person has four. https://www.fool.com/the-ascent/research/credit-card-debt-statistics/#:~:text=Total%20credit%20card%20balances%20in,the%20average%20person%20has%20four
In 2019 the Diary of Consumer Payment Choice, the Federal Reserve asked 3,016 consumers which payment forms they preferred to use. Debit cards were the most popular.
https://www.frbsf.org/cash/publications/fed-notes/2020/july/2020-findings-from-the-diary-of-consumer-payment-choice/
Vincent Risalvato, CEO of Pennexx, pictured above said, "Our YSO Debit card now gives us a direct path to put money in the hands of consumers when they utilize social media coupons. As far as I know we are the first company offering this type of direct reward linked to a debit card with social media. We envision this new technology to create a huge number of opportunities for marketing and are excited to bring these ideas to life!"
Pennexx is a company that Makes Social Media Simple by acting as the social media guide for non-tech savvy merchants. It enables them to acquire new customers and generate increased revenues, utilizing the Company's proprietary technologies to unleash the power of "word-of-mouth" advertising. Social Media for their client's business today announced that via its wholly-owned subsidiary YourSocialOffers.com, will offer its users and merchants the option to obtain their own branded MasterCard® debit card.
The cards generate transactional fee revenue and the cards can be used for purchases on websites and branded apps and also on third party sites.
Pennexx will do its best to openly and publicly answer your questions and concerns via social media on Twitter https://twitter.com/pennexx @pennexx, or you may email info@pennexx.net.
Mr. Risalvato (@vrisalvato) https://twitter.com/vrisalvato and
Joe Candito (@jcandito) https://twitter.com/jcandito.
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.
https://www.accesswire.com/694386/YourSocialOfferscom-YSO-Branded-Debit-Cards-Now-Available-To-Generate-Revenue-In-The-Hands-Of-Consumers
New to The Street TV Announces Five Corporate Interviews, Airing on the Fox…
FMW Media Works Corp
New to The Street TV Announces Five Corporate Interviews, Airing on the Fox Business Network, Tonight, Monday, March 14, 2022, 10:30PM PT
New to The Street's 317th episode, airing tonight:1). Pennexx Foods, Inc. (OTC: PNNX) 2). Cryptocurrency – FINXFLO (CRYPTO: FXF)($FXF) 3). GlobeX Data Ltd (OTCQB: SWISF) (CSE: SWIS) (FRA: GDT) 4). Gaming – Splinterlands.com (CRYPTO: SPS) ($SPS) 5). Cryptocurrency – Sator (CRYPTO: SAO) ($SAO) – https://www.newtothestreet.com/
NEW YORK, March 14, 2022 (GLOBE NEWSWIRE) — FMW Media's New to The Street T.V. announces the interview line-up of its nationally syndicated shows on the Fox Business Network, tonight, Monday, March 14, 2022, 10:30 PM PT
New to The Street's 317th episode, airing tonight, features the following five (5) Companies and their businesses' representatives:
1). Pennexx Foods, Inc.'s (OTC: PNNX) interview, Vincent Risalvato, CEO.
2). Cryptocurrency – FINXFLO's (CRYPTO: FXF)($FXF) interview, James Gillingham, CEO
3). GlobeX Data Ltd.'s (OTCQB: SWISF) (CSE: SWIS) (FRA: GDT) interview, Alain Ghiai, CEO.
4). Gaming – Splinterlands.com's (CRYPTO: SPS) ($SPS) interview, Jesse Reich ("aggroed"), CEO.
5). Cryptocurrency – Sator's (CRYPTO: SAO) ($SAO) interview, Isla Rose, CEO.
Airing tonight, on New to The Street TV, the in-studio NASDAQ interview with Mr. Vincent Risalvato, CEO at Pennexx Foods, Inc. (OTC: PNNX). Anchor Jane King and Vincent talk to viewers about the Company's business web platform, YourSocialOffers.com (YSO). The website redefines how easily social media can create growth potential and capitalize on the billion-dollar social media marketplace. YSO offers coupons, discounts, and cashback rewards on locally and nationally brands. Groups and individuals can share discounts on brands and services, creating a viral demand for products and services. Vincent explains the ease of use for both buyers and sellers. When a seller wants to make a coupon, it involves many steps, and 3rd parties can instantly make a coupon and distribute it to the YSO subscribers. Any large to small business can make offers on the platform. Shoppers can enjoy the many local and national discounts and use the available cashback reward. Vincent tells Jane that he has seen cashback rewards higher than 10% on particular brands. Shoppers can get a cashback reward debit card or in Bitcoin. The Company expects to launch its token, YSO, a blockchain where all customers and sellers share in reward programs. The Company publicly trades under the symbol OTC: PNXX, and management expect to see continued growth in social media, prepaid debit cards, cryptocurrency, artificial intelligence, targeted marketing, and consumer rewards.
On tonight's New to The Street TV, the show welcomes back James Gillingham, CEO at FINXFLO (CRYPTO: FXF)($FXF) who explains his Company, the world's first hybrid DeFi/CeFi liquidity aggregator that uses different crypto exchanges with best price executions. FINXFLO has 18 other exchanges integrated into their platform. James tells viewers that FINXFLO now has 300 new trading assets available, new trade station features, better execution prices, and ZERO trading fees. With a global network of liquidity providers, FINXFLO is confident cryptocurrency traders will benefit even more from ZERO Trading Fees, some of the deepest in-market liquidity, and highly competitive, best available prices. In past geopolitical issues, fiat currencies were the flight to safety; James sees changing perceptions from the Ukraine-Russian War. Crypto and GOLD appear to be the new flight to safety. President Biden's Executive Order is a positive for the industry, giving current and future crypto users confidence and increasing acceptances. As crypto activities become more accepted worldwide, FINXFLO will surely benefit. FINXFLO's proprietary algorithm distributes customer orders across multiple exchanges to retrieve optimal buy and sell prices with minimal slippage. Get started trading, download the FINXFLO mobile app, available on iOS and Google Android.
New to The Street TV re-airs tonight, Anchor Jane King's interviews with Mr. Alain Ghiai, CEO at GlobeX Data, Ltd. (OTCQB: SWISF) (CSE: SWIS) (FRA: GDT). Alan talks about his March 11, 2022, business trip to New York City. Alain looks forward to his live in-studio interviews with New to The Street while in NYC. And he tells viewers that he has about 50 appointments with shareholders, instructional investors, and brokerage houses so that he can meet and reiterate GlobeX Data's successful 10-years. He looks forward to taking pictures at NYSE and NASDAQ and photos of the Company's Sekur ads streaming on the NASDAQ billboard and numerous subway locations. The trip's main objective is to get a verbal commitment from a sponsoring broker so that the Company can up-list the stock onto the NASDAQ Market. Alain thanked his team, investors, customers, and New to The Street for their dedication and persistence in growing the subscriber base in Sekur product lines.
New to The Street TV airs tonight, Anchor Jane King's in-studio NASDAQ interview with Jessie Reich ("aggroed"), Chief Executive Officer at Splinterlands.com (CRYPTO: SPS) ($SPS). Jessie explains the genre of the gaming platform; you buy cards, you play, you battle and earn prizes, all embedded in the blockchain. Competitors all have different ways to "Play-to-Earn," but Splinterlands' ecosystem enables players to earn tokens through various gaming strategies, tournaments, and digital asset utilization. A key demand is ownership of digital land assets, which at Splinterlands is a scarce digital resource. With over 1.8M subscribers and 750,000 active gamers, players want digital land ownership. Splinterlands only has 150,000 plots of digital land, so demand is high for ownership on the gaming platform. "aggroed" talks about the roll-out of a music platform, the first featuring Rapper Waka Flocka Flame, where Splinterlands created an exclusive NFT drop, Waka Spiritblade NFT. The NFT sold out very quickly, 30 seconds. He talks about the Company's meeting with Warner Music, which is looking for creative new ideas to engage musicians with fans, bridging NFTs, Gaming, AR (Augmented Reality), and the Metaverse. As a decentralized gaming platform, players are in control, and they dictate the ecosystem platform on their terms doing a game. Splinterlands makes it easy to earn daily; even players who live impoverished can make money on the gaming platform, giving them capital to spend on tangible items to live. Legacy businesses and financial institutions shut down operations and access during this Ukraine-Russian War. "aggroed" sees more decentralization and acceptance coming since cryptocurrencies don't cease operations during geopolitical turmoil.
Ms. Isla Rose, CEO at Sator (CRYPTO: SAO) ($SAO), tonight, joins the New to The Street Show with her live NASDAQ Marketplace interview. Talking with Anchor Jane King, Rose explains the ecosystem and platform at Sator, an incentivized, social, participation TV solution. As the first decentralized constant engagement platform for media through the tokenization of live content – TV, film, music, concerts, and other media streams, Sator aligns the interests of all parties involved, the audiences and content creators, producers, and TV networks. The native token, $SAO, rewards audiences and media content providers for participation and engagements. The blockchain can track participation and engagement rates, assisting content providers with information about viewer retentions. Rose talks about how the metaverse works on their ecosystem with an NFT for real-estate and art galleries. They continue to create more VR (Virtual Reality) content, giving their end-users a metaverse experience with their favorite shows, actors, artist, musicians, and others. To get involved and get started, Rose invited everyone to download the app on iOS and Android, available at SATOR.io.
About Pennexx Foods, Inc. (OTCPINK: PNNX):
Pennexx Foods, Inc. (OTCPINK: PNNX), through its wholly-owned subsidiaries, is a holding company within the Software/Internet Industry that focuses on social media, prepaid debit cards, cryptocurrency, artificial intelligence, targeted marketing, and consumer rewards. The Company's YourSocialOffers.com provides consumers and merchants a cost-effective platform for retail transactions, offering rewards and incentives to both – https://pennexx.net/ & https://yoursocialoffers.com/.
About FINXFLO (CRYPTO:FXF) ($FXF):
FINXFLO (CRYPTO: FXF) ($FXF) is a platform that focuses on changing the cryptocurrency market through innovation. As the world's first hybrid DeFi/CeFi liquidity and protocol aggregator, FINXFLO brings a one-stop solution for all cryptocurrency traders and investors. Using only one KYC account, our users can now utilize liquidity from CeFi and DeFi platforms through a single user interface. In simple terms, FINXFLO blends all the upsides of DeFi and CeFi ecosystems to produce the ultimate product – finxflo.com.
About GlobeX Data, Ltd. (OTCQB: SWISF) (CSE: SWIS) (FRA: GDT):
GlobeX Data, Ltd. (OTCQB: SWISF) (CSE: SWIS) (FRA: GDT) is a Cybersecurity and Internet Privacy provider of Swiss hosted solutions for secure communications and secure data management. The Company distributes a suite of secure messaging applications, encrypted emails services, secure communications, and secure data management tools, using Swiss privacy laws, proprietary technology, and its independent platform, away from big techs hosting platforms. GlobeX Data, Ltd. sells its products through approved wholesalers, distributors, and telecommunications companies worldwide. GlobeX Data, Ltd. serves consumers, businesses, and governments worldwide – https://www.globexdata.com. Sekur® is a Swiss secure communications application offering secure and private messaging, emails, voice messages, self-deleting messages, and file transfers from any mobile device, tablet, or desktop. Sekur users can communicate with Sekur and non-Sekur users through its unique Chat-By-Invites feature and Sekur, send email system. All data traffic stays in GlobeX Data's Swiss-hosted servers, using its proprietary HeliX technology, military-grade encryption, and benefiting from Swiss Privacy Laws – https://sekur.com & Twitter: @globexdata.
About Splinterland.com (CRYPTO: SPS) ($SPS):
Splinterlands.com (CRYPTO: SPS) ($SPS) is the first strategy card game to provide a seamlessly integrated marketplace that gives the player FULL CONTROL of their cards. These cards are non-fungible tokens (NFT's) with real monetary value. Players can buy, sell, or trade these digital assets just like physical trading cards. Splinterlands runs on the Hive blockchain, recording all actions in the game on the blockchain. That means anyone can join the game by creating a Hive blockchain address, making the game permissionless. It also provides Splinterlands with a transparent record of all actions in the game, including battle results, which ensures fairness and transparency. Earn anywhere at any time. Splinterlands is available on both desktop and mobile devices – https://splinterlands.com/.
About Sator (CRYPTO: SAO) ($SAO):
Sator (CRYPTO: SAO) ($SAO) encapsulates the unique formula necessary to access and improve the scripted series television industry for all its stakeholders while using its utility token $SAO. SATOR.io unites digital currency and television for today's peer-to-peer era by grounding the scripted series industry in a secure, efficient, and participant-centric ecosystem. Using powerful new technology infrastructure to enhance scripted series television, SATOR.io drives engagement, viewership, and rewards throughout the community itself. A blockchain-based digital economy enables the openness and coordination necessary to recognize viewer interests and incentivize viewer actions. The utility that SATOR.io provides encourages other technologists, brands, businesses, and consumers to build, contribute to, and extend the ecosystem for further value creation. SATOR.io is a Decentralized Application (dApp) built on Ethereum (ERC-20) with a bridge to other blockchains, primarily Flow, Solana, Polkadot, and Polygon – https://www.sator.io/.
About FMW Media:
FMW Media operates one of the longest-running US and International sponsored and Syndicated Nielsen Rated programming TV brands "New to the Street" and its blockchain show "Exploring The Block." Since 2009, these brands have run biographical interview segment shows across major U.S. Television networks. The TV platforms reach over 540 million homes in the US and international markets. FMW's New to The Street / Newsmax TV broadcasting platform airs its syndication on Sundays at 10 -11 AM EST. FMW is also one of the nation's largest buyers of linear television long and short-form – https://www.newsmaxtv.com/Shows/New-to-the-Street & https://www.newtothestreet.com/.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a8a9eb83-6f5e-4a3a-8751-ff6f506b846c