PMX Communities Inc. Introduces the LXIV Marijuana Terminal
February 11 2014 - 10:10AM
PMX Communities Inc. (OTCQB:PMXO), a precious metals incubation
company announces the diversification of their product line of
dispensing machines with the introduction of the LXIV Marijuana
terminal.
The LXIV will be similar in appearance to our precious metals
terminal successfully tested in Florida 2013. PMX expects the first
machine to be located in Colorado. The security features and touch
screen technology will remain similar. The terminal will vend
single products packaged in plastic opaque child resistant bags
compliant with the new Colorado Marijuana Rules. The internal
software will have the ability to monitor the products inventory
remotely and record daily sales. The terminal reader will not
accept credit cards or cash, but it will dispense with a swipe of a
prepaid magnetic striped card. These loyalty cards will be sold in
the Marijuana dispensary store, and can only be used in their
programmed terminal.
"Making certain we adhere to the regulations detailed in the
cannabis retail legislation and staying updated to any code changes
will be our first priority. Commercializing a new product can be a
difficult task, and we will conservatively and professionally
launch the LXIV terminal in the same manner we did our first
precious metals machine. We are hoping this new venture becomes a
revenue stream for PMX," stated Lindsey R. Perry, JR, CEO of PMX
Communities, Inc.
PMX Gold Bullion Sales, Inc. a wholly owned subsidiary of PMX
Communities, Inc., launched the MGIV gold terminal in Town Center,
Boca Raton in January 2013. The MGIV gold terminal is the first US
made specialty-dispensing machine that allows consumers to purchase
varying denominations of fine gold bullion bars and coins with a
touch of a screen and a swipe of their global credit and debit
cards.
Forward-Looking Statements
Certain statements made by the Company and its management on its
behalf in this release and other periodic, oral and written
statements, regarding the Company operating performance, events or
developments that the Company believes or expects to occur in the
future, including those that discuss anticipated financial results,
strategies, goals, outlook or other non-historical matters, or
which relate to future sales, earnings, expectations, growth of the
Company or of the market for its products and services, or general
belief in the Company's expectations of future operating results
are "forward looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. All such forward-looking
statements are subject to risks and uncertainties, including but
not limited to product demand, market and customer acceptance,
competition, pricing, working capital considerations, and as
otherwise discussed in the Company's SEC filings. Such
forward-looking statements are subject to change at any time, and
the Company's actual results may differ materially from anticipated
results. The Company undertakes no obligation to update or revise
any of such statements to reflect subsequent events or
circumstances.
CONTACT: Shareholder Relations: (866) 525-4714,
Interactive Business Alliance, Maxwell Farrell
info@ibaconsultingllc.com
Company Information: (561) 210-5349, info@pmxgold.com
http://www.pmxgold.com