PMX Communities Cannabis Terminal Introduced to the Colorado Marijuana Enforcement Division
May 06 2014 - 4:45PM
PMX Communities Inc. (OTCQB:PMXO) announces that our LXIV Bud Box
cannabis terminal was introduced to the Colorado Marijuana
Enforcement Division ("MED").
iComply, LLC, our compliance consultants, met on behalf of PMX
with the MED in Colorado to present our cannabis terminal, and take
the next steps in placing the machine in a dispensary in Colorado.
The MED understands that the LXIV Bud Box is a novel product
entering a commercializing industry and that compliance is of the
utmost importance with this new technology.
More sophistically designed than the ZaZZZ American Green
Machine, a marijuana vending machine produced by Tranzbyte
Corporation, it was concluded that as long as the PMX terminal
stays compliant to MED regulation and continues to have the
technical ability to modify to future changes in legislation the
PMX LXIV Bud Box cannabis terminal is ready to launch.
"Our marijuana Bud Box is sure to soon be recognized as the
'Gold Standard of Cannabis.' From the review conducted on our
terminal and our pioneering technology, we believe we can meet
compliance with Amendment 64 and feel the terminal should bring a
new revenue stream to the company and our shareholders," stated
Meris Kott, of PMX Communities Inc.
PMX Communities Inc. is a precious metals incubation company,
having launched the MGIV gold terminal that allows consumers to
purchase varying denominations of fine gold bullion bars and coins
with a touch of a screen and a swipe of a card. In 2014, PMX
expanded their terminal product line with the introduction of the
LXIV Bud Box cannabis terminal.
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: Company Information:
(561) 210-5349
info@pmxgold.com; @pmxgold
http://www.pmxgold.com