Annual Report (10-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

(Mark One)

[X] Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2014

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ________ to ________.

Commission File Number: 000-53974

PMX COMMUNITIES, INC.

(Exact name of Registrant as specified in its charter)


Nevada		80-0433114
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)


4181 NW 1^st Avenue, #7
Boca Raton, FL 33431		(561) 210-5349
(Address of Principal Executive Offices)		(Registrant's telephone number)

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to section 12(g) of the Act: Common Stock, $0.0001 par value

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes [ ] No [X]

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act.

Yes [ ] No [X]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] No [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer, or a smaller reporting registrant.

(Check one):


Large accelerated filer [ ]		Accelerated filer [ ]
Non-accelerated filer [ ]		Smaller reporting company [x]

Indicate by check mark whether the registrant is a shell registrant (as defined in Rule 12b-2 of the Exchange Act).

Yes [ ] No [X]

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed fiscal quarter. The market value of the registrant’s voting $.0001 par value common stock held by non-affiliates of the registrant was approximately $910,503

Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date. The number of shares outstanding of the registrant’s only class of common stock, as of April 15, 2015 was 93,115,124 shares of its $0.0001 par value common stock.

DOCUMENTS INCORPORATED BY REFERENCE

None.

PMX Communities, Inc.

Form 10-K

For the Fiscal Year Ended December 31, 2014

Table of Contents


		Page
PART I
Item 1. Business		5
Item 1A. Risk Factors		8
Item 2. Properties		9
Item 3. Legal Proceedings		9
Item 4. Mine Safety Disclosures		9

PART II
Item 5. Market for Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities		10
Item 6. Selected Financial Data		12
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations		12
Item 7A. Quantitative and Qualitative Disclosures about Market Risk		16
Item 8. Financial Statements and Supplementary Data		17
Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosures		35
Item 9A. Controls and Procedures		35
Item 9B. Other Information		37

PART III
Item 10. Directors, Executive Officers and Corporate Governance		38
Item 11. Executive Compensation		40
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters		40
Item 13. Certain Relationships and Related Transactions, and Director Independence		41
Item 14. Principal Accountant Fees and Services		41

PART IV
Item 15. Exhibits, Financial Statement Schedules		43
Signatures		45

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this report contain or may contain forward-looking statements that are subject to known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements were based on various factors and were derived utilizing numerous assumptions and other factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include, but are not limited to, our ability to implement our business plan and generate revenues, economic, political and market conditions and fluctuations, government and industry regulation, U.S. and global competition, and other factors. Most of these factors are difficult to predict accurately and are generally beyond our control. You should consider the areas of risk described in connection with any forward-looking statements that may be made herein. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report. Readers should carefully review this in its entirety, including but not limited to our financial statements and the notes thereto. Except for our ongoing obligations to disclose material information under the Federal securities laws, we undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.

PART I

Item 1: Business

General

The registrant was organized under the laws of the State of Nevada on December 29, 2004 under the name Merge II, Inc. The registrant's year end is December 31.

On February 10, 2009, by unanimous written consent, the board of directors authorized an amendment to its certificate of incorporation to change the name of the corporation to PMX Communities, Inc. and increased the authorized common shares from 25,000,000 to 100,000,000. The amendment was filed on June 30, 2009.

On September 28, 2010, the registrant formed PMX Gold, LLC, a Florida limited liability company as a wholly owned subsidiary of the registrant to assist with evaluating and pursuing opportunities within the gold mining and retail gold sales industries.

On September 28, 2011, the registrant formed PMX Gold Bullion Sales, Inc., a Florida limited liability company as a wholly owned subsidiary of the registrant to manage and operate the manufacturing, supply and commercial distribution of proprietary fine gold products via its gold dispensing terminals.

On October 1, 2014, by unanimous written consent, the board of directors authorized an amendment to its certificate of incorporation to increase the authorized common shares from 100,000,000 to 500,000,000, as well as to authorize 10,000,000 preferred shares with a par value of $0.0001. The amendment was filed on December 11, 2014.

Operations

Through PMX Gold, LLC, its wholly owned subsidiary, the registrant focuses on the development of leveraged opportunities within the retail gold sales and gold mining industries.

During the period from December 17, 2010 through March 23, 2011, the registrant test marketed and operated the first gold bullion vending machine at the Town Center at Boca Raton, a retail shopping mall located in South Florida. As of March 23, 2011 the registrant consummated a total of 699 gold transactions yielding gross sales of $266,256 through the Gold Vending Machine. Approximately 32% of the total sales were in the larger investment class denominations (10 grams to 1 ounce).

Although our tests were limited to one physical location, management is satisfied with the results of the test marketing program given the fact that the machine was operational in a cash only mode, together with a number of other significant technology and operational challenges that were faced. We have acquired full ownership of intellectual

property including two U.S. Provisional Patent Applications and the third and final International Patent Application Number PCT/US2012/020486 (“Unattended Precious Metal Distribution System, Methods and Apparatus”), and are awaiting completion of a proprietary machine to re-commence automated gold bullion sales.

Through PMX Gold, LLC and PMX Gold Bullion Sales, Inc., the registrant focuses on the development and manufacture of its gold dispensing terminals, in addition to the manufacture, supply and commercial distribution, through said terminals, of its proprietary fine gold products.

In the first quarter we widened our terminal product line to develop new machines on the platform of the original MGIV gold terminal. PMX started due diligence in states that have passed legislation to permit businesses in medical marijuana and recreational marijuana dispensaries. The research was conducted to accumulate information to decide whether the terminal would be an efficient machine to place in dispensaries. The company concluded that the ability to enter this new marketplace could potentially be a new revenue producing opportunity. The registrant continues working with consultants and lawyers in these states to develop a compliant terminal to quickly deploy to dispensaries. The commercialization of any industry has barriers to entry that change quickly and PMX is hopeful that the terminal will meet them. There are risks that the company must consider but since the terminal is built on the same platform as the MGIV gold terminal, PMX feels the costs to develop this terminal are minimal. We have continued to develop our relationships both globally with our gold terminals and domestically with our gold and other product line machines. The company continues to explore new and innovative platforms to hopefully develop multiple revenue streams for our dispensing terminals.

Nationwide Expansion

PMX Gold Bullion Sales, Inc. has manufactured their first ATM gold terminal, called the MGIV. Newer versions of the PMX terminal will become more advanced as the demand for our products increases.

The registrant intends to sell gold bullion bars and coins through its dispensing terminals in the United States first. Later plans are to sell globally, doing business primarily through credit and debit card transactions. The registrant also plans to build an online gold bullion store.

The registrant is actively seeking gold properties and claims for development, including mineral lease purchase option transactions and reviewing several precious metal mining properties for development. We will consider a wide range of worldwide project opportunities, and we do not have fixed criteria for the consideration of such projects.

Assignment and Lease Assumption

The registrant is actively seeking mineral lease-purchase option transactions for speculation and reviewing several precious metals mining properties for development.

Government Regulation

We are subject to general business regulations and laws, as well as regulations and laws directly applicable to our operations. As we continue to expand the scope of our operations, the application of existing laws and regulations to the registrant relating to issues such as defamation, pricing, advertising, consumer protection, content regulation, quality of products and services and intellectual property ownership and infringement can be unclear. In addition, we will also be subject to new laws and regulations directly applicable to our activities.

Any existing or new legislation applicable to us could expose us to substantial liability, including significant expenses necessary to comply with such laws and regulations, and dampen the growth of our business.

Competition

We compete with many other sellers of precious metals products and entities that offer precious metals based financial products. As we expand the scope of our product offering, we will compete directly with a greater number of precious metals sales and investment companies including:

coin shops and other fixed retail locations that offer access to the general public for purchase of gold bullion products from fixed locations through face-to-face sales.

Internet based businesses that offer coin and bullion products for purchase electronically over the internet.

financial institutions that offer access to gold and precious metals, gold and precious metals based securities and other leveraged products to investors.

vertical markets where competitors may have advantages in expertise, brand recognition, available financial and other resources, and other factors.

Some of these competitors have established customer bases and market recognition. These competitors maintain billing relationships with more customers and have access to established distribution networks. We have not yet generated significant revenue nor established a significant client and customer base from our limited operations compared to some of these competitors.

If these or other competitors seize our product ideas and business model and produced competing versions of our PMX Gold Bullion Financial Management Account with similar product matrixes, our ability to generate revenue would be negatively affected.

Additionally, these new competitors could be better capitalized and capture a larger market share of our intended market.

Insurance

During the test marketing of the gold vending machine in 2011, the registrant maintained an insurance policy on the gold inventory, premises, and certain aspects of our business operations, as well as covering general liability of the registrant subject to certain limitations and exclusions. The registrant has signed a new insurance policy in December 2012 that covers both their office premises and any new gold machines.

Employees

We employ part-time employees on an as needed basis. We also have various consultants, lawyers and others that work for us on different aspects of our operations. As operations increase and revenues allow, we will have to employ an additional undetermined number of employees, consultants and contracted professionals to assist with the development of the registrant’s business plan.

Consulting Agreements

Gold Deposit Technologies, Inc.

On August 5, 2011, the registrant entered into an agreement with Gold Deposit Technologies, Inc. to assist in the development and implementation of the registrant's proprietary PMX Gold ATM Terminal and associated gold bullion based business plan.

The agreement allowed for annual stock awards and monthly cash payments to GDT in exchange for exclusive worldwide licensing rights to be awarded to the registrant for any technology and intellectual property developed between the parties as it relates to the precious metals industry, subject to certain financial and performance milestones to be accomplished by the registrant.

On March 15, 2012, the parties amended their agreement to allow for the assignment to and sole ownership by the registrant of all intellectual property rights developed to date, including but not limited to two earlier U.S. Provisional Patent Applications and a third patent filing (International Business Method Patent Application Number PCT/US2012/020486 'Unattended Precious Metal Distribution System, Methods and Apparatus').

GDT and the registrant recognized total payment to date under their contract of 3,000,000 PMXO shares and approximately $27,000 in cash as full and final payment due to GDT.

Item 1A. Risk Factors

Not applicable to a smaller reporting registrant.

Item 2. Properties

On March 1, 2015, we entered into a lease for property located at 4181 NW 1^st Ave, Boca Raton, FL 33429. The deposit amount was $1,325. The property consists of 1,100 square feet, and rent is $15,000 per annum for a period of one year, plus sales tax.

The registrant signed a lease agreement with Reflections of Boca, LLC on February 22, 2012 for a period of three years for a total cost of at a cost of $67,431.84. The office space is located at 2200 NW Corporate Boulevard, Suite 220, Boca Raton, FL

The registrant signed a lease with Town Center at Boca Raton in December 2012. The space is located at 6000 Glades Road, Boca Raton, FL 33431 at a cost of $3,500 per month. The lease agreement is for a term of one year, and expired in December 2013. The lease was not renewed in 2014. This lease is for the gold machine itself, and is not related to any further office space.

Item 3. Legal Proceedings

The registrant is not a party to, and its property is not the subject of, any material pending legal proceedings.

Item 4. Mine Safety Disclosures

Not applicable

PART II

Item 5. Market For Registrant’s Common Equity, Related Stockholder Matters and Small Business Issuer Purchases of Equity Securities

Item 5(a)

a) Market Information. The Company began trading publicly on the OTCQB on December 15, 2010 under the symbol "PMXO.OB".

The following table sets forth the range of high and low bid quotations for our common stock. The quotations represent inter-dealer prices without retail markup, markdown or commission, and may not necessarily represent actual transactions.


2014	High	Low
January 1, 2014 - March 31, 2014	$0.08	$0.01
April 1, 2014 - June 30, 2014	$0.05	$0.01
July 1, 2014 - September 30, 2014	$0.02	$0.00
October 1, 2014 - December 31, 2014	$0.01	$0.00

2013
January 1, 2013 - March 31, 2013	$0.10	$0.04
April 1, 2013 - June 30, 2013	$0.08	$0.02
July 1, 2013 - September 30, 2013	$0.07	$0.01
October 1, 2013 - December 31, 2013	$0.02	$0.00

b) Holders. At April 15, 2015, there were approximately 100 shareholders of the registrant.

c) Dividends. Holders of our common stock are entitled to receive such dividends as may be declared by our board of directors. No dividends on our common stock have ever been paid, and we do not anticipate that dividends will be paid on our common stock in the foreseeable future.

d) Securities authorized for issuance under equity compensation plans.

On August 29, 2011, the registrant approved the 2011 Stock Awards Plan that authorizes the issuance of 6,000,000 common shares. This plan was amended on November 7, 2013 to increase the amount authorized for issuance under the plan to 10,000,000 common shares. The 2011 Stock Awards Plan Awards may be granted only to persons who, at the time of grant, are employees, consultants, members of the board or persons affiliated with the registrant or any of its affiliates. An award may be granted on more than one

occasion to the same person, and, subject to the limitations set forth in the Plan, such award may include an incentive stock option or a nonqualified stock option, a stock appreciation right, a restricted stock award, a phantom stock award or any combination thereof. To date, 9,500,000 common shares have been issued under the Plan.

The Plan shall remain in effect until all awards granted under the Plan have been satisfied or expired.

e) Performance graph. Not applicable.

f) Sale of unregistered securities.

In 2013, the Company issued 1,075,000 shares of common stock for cash of $86,000.

In 2013, an officer of the company converted a promissory note with principal and accrued interest of $10,694 to 1,110,684 shares of common stock.

In 2013, the Company issued 4,000,000 shares for services to 5 professionals with a fair value of $99,200.

On March 6, 2014 the Company issued 2,500,000 shares of stock to one consultant under its Stock Awards Amended Plan and charged $75,000 to operations for the year ended December 31, 2014.

On April 21, 2014 the Company issued an aggregate of 750,000 shares of stock to 3 separate consultants. The aggregate fair market value of $18,675 was charged to operations for the year ended December 31, 2014.

On September 28, 2014, the Company issued 5,952,360 shares of common stock to a related party for the conversion of $47,600 principle and $11,924 of accrued interest.

During the year’s ended December 31, 2014 and 2013, the Company issued 2,000,000 and 4,000,000 shares of stock, respectively, to its CEO, Lindsey Perry in exchange for services. For the year ended December 31, 2014 and 2013, $20,000 and $25,000 were charged to operations, respectively.

All of the above securities were issued pursuant to an exemption from registration under Section 4(2) of the Securities Act of 1933 to sophisticated investors.

Not applicable

Item 5(b) Use of Proceeds. Not applicable.

Item 5(c) Purchases of Equity Securities by the issuer and affiliated purchasers.

During 2014 and 2013 we repurchased no shares of our common stock.

Item 6. Selected Financial Data.

Not applicable to smaller reporting companies.

Item 7. Management’s Discussions and Analysis of Financial Condition and Results of Operations.

Trends and Uncertainties

The registrant has developed its PMX Gold Bullion Dispensing Terminal prototype called the MGIV and deployed the first prototype in Boca Raton, Florida, U.S.A. The terminal is an unmanned dispenser, which allows for gold dispensing and deposit and account management functions. These terminals also incorporate conventional ATM and touch-screen technology. After a successful 6 months test, the MGIV was removed in July 2013 from the first location.

The registrant has been assigned the ownership rights to two U.S. Provisional Patent Applications and a final International Patent Application Number PCT/US2012/020486 (“Unattended Precious Metal Distribution System, Methods and Apparatus”), and has filed next stage patent applications for its proprietary precious metals machine, in Australia, South Africa and the United States of America.

Our business operations are currently focused in three areas. The first original focus was the consumer demand for essentially one commodity gold through a dispensing terminal. Specifically, we were addressing the markets of physical gold ownership by retail investors, as well as developing and offering an ancillary set of financial services that would complement the purchase and sale of gold and other precious metals by retail investors. Any decrease in demand for gold or gold investments could still materially adversely affect our revenues in this area and profitability and general business prospects.

Presently, we are developing a second revenue stream. Our online PMX Goldstore, which sells 24k bullion gold bars and coins, launched in August. We are planning on initiating a third business operation which will involve the sales of our dispensing terminals globally through direct sales and distributor channels.

and lawyers in these states to develop a compliant terminal to quickly deploy to dispensaries. The commercialization of any industry has barriers to entry that change quickly and PMX is hopeful that the terminal will meet them. There are risks that the company must consider but since the terminal is built on the same platform as the MGIV gold terminal, PMX feels the costs to develop this terminal are minimal. In the second quarter we continued our business strategy from the first quarter in hopes of building a strong revenue platform from our terminal’s placements in the near future. In the third quarter we continued to develop our relationships both globally with our gold terminals and domestically with our gold and other product line machines. The company continues to explore new and innovative platforms to hopefully develop multiple revenue streams for our dispensing terminals.

Results of Operations for the twelve months ended December 31, 2014 and 2013

For the year ended December 31, 2014, we recorded net sales of $6,234. Our cost of sales was $5,270, resulting in a gross profit of $964. We recorded depreciation expenses of $31,737 and selling, general and administrative expenses of $264,355. We had interest expenses of $33,714. As a result, we had a net loss of $328,842 for the year ended December 31, 2014.

Comparatively, for the year ended December 31, 2013, we recorded net sales of $76,874. Our cost of sales was $75,681, resulting in a gross profit of $1,193. We recorded depreciation expenses of $30,759 and selling, general and administrative expenses of $315,813. We had a loss on the settlement of debt of $413 and a loss on the write-down of inventory to market of $65,076. We had other income of $500, and interest expenses of $30,145. As a result, we had a net loss of $440,513 for the year ended December 31, 2013.

The $70,640 decrease in net sales for the year ended December 31, 2014 compared to the year ended December 31, 2013 is due to decreased operations as we work to shift our business focus from gold vending machines to vending machines for medical marijuana dispensaries. We had a decrease in selling, general and administrative expenses of $42,192 for the year ended December 31, 2014 as a result of those decreased operations. As a result of our decreased operations, we had a decrease in our net loss in the amount of $111,672 for the year ended December 31, 2014 compared to the year ended December 31, 2013.

Liquidity and Capital Resources

For the year ended December 31, 2014, we had a net loss of $328,842. We had the following adjustments to reconcile net loss to net cash used in operating activities: We had an increase of $31,737 due to depreciation and an increase of $113,675 due to the issuance of common stock for services. We had the following changes in assets and liabilities: We had a decrease of $19,799 due to inventory and a decrease of $10,615 due

to accrued expenses. We had an increase of $1,000 due to prepaid expenses and other current assets and an increase of $938 due to security deposits. We had an increase of $10,778 due to accounts payable and an increase of $33,714 due to accrued interest. As a result, we had net cash used in operating activities of $102,815 for the year ended December 31, 2014.

For the year ended December 31, 2013, we had a net loss of $440,513. We had the following adjustments to reconcile net loss to net cash used in operating activities: We had an increase of $30,759 due to depreciation, an increase of $99,200 due to the issuance of common stock for services, and an increase of $65,076 due to the loss on inventory writedown. We had an increase of $413 due to the loss on conversion of convertible notes and an increase of $25,000 due to in-kind services. We had the following changes in assets and liabilities: We had an increase of $74,622 due to inventory, an increase of $7,541 due to accounts payable, an increase of $29,144 due to accrued interest, and a decrease of $2,033 due to accrued expenses. As a result, we had net cash used in operating activities of $110,791 for the year ended December 31, 2013.

For the year ended December 31, 2014, we had $0 due to the purchase of fixed assets, resulting in net cash provided by investing activities of $0 for the period.

For the year ended December 31, 2013, we had a decrease of $43,724 due to the purchase of fixed assets, resulting in net cash used in investing activities of $43,724 for the period.

For the year ended December 31, 2014, we received $99,872 as proceeds from related party notes payable. As a result, we had net cash provided by financing activities of $99,872 for the period.

For the year ended December 31, 2013, we received $54,500 as proceeds from related party notes payable and $86,000 as proceeds from stock issuance. As a result, we had net cash provided by financing activities of $140,500 for the year ended December 31, 2013.

Our internal and external sources of liquidity have included proceeds raised from subscription agreements and private placements and advances from related parties. We are currently not aware of any trends that are reasonably likely to have a material impact on our liquidity. We are attempting to increase the sales to raise much needed cash for the fulfillment of the registrant’s business plan. It is our intent to secure a market share in the retail gold and related financial services market which we feel will require additional capital over the long term to undertake sales and marketing initiatives, further our research and development, and to manage timing differences in cash flows from the time our PMX Gold Bullion Account becomes active and the PMX Gold ATM terminals are developed and put into use and positive cash flow product is generated.

Our capital strategy is to increase our near and mid term cash balance through financing transactions, including the issuance of debt and/or equity securities. Once our PMX Gold ATM terminal prototypes have been developed and put into the field we intend to work to develop a pro-forma financial model based on their results and pursue traditional Wall Street financing.

Off-Balance Sheet Arrangements

The registrant had no material off-balance sheet arrangements as of December 31, 2014.

Critical Accounting Policies and Estimates Management's discussion and analysis of its financial condition and results of operations is based upon our consolidated financial statements, which have been prepared in accordance with U.S. generally accepted accounting principles.

The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. On an on-going basis, we evaluate our estimates, including those related to the reported amounts of revenues and expenses and the valuation of our assets and contingencies. We believe our estimates and assumptions to be reasonable under the circumstances. However, actual results could differ from those estimates under different assumptions or conditions. Our financial statements are based on the assumption that we will continue as a going concern. If we are unable to continue as a going concern we would experience additional losses from the write-down of assets.

The registrant uses the fair value recognition provision of ASC 718, “Compensation-Stock Compensation,” which requires the Registrant to expense the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of such instruments. The registrant uses the Black-Scholes option pricing model to calculate the fair value of any equity instruments on the grant date.

The registrant also uses the provisions of ASC 505-50, “Equity Based Payments to Non-Employees,” to account for stock-based compensation awards issued to non-employees for services. Such awards for services are recorded at either the fair value of the services rendered or the instruments issued in exchange for such services, whichever is more readily determinable, using the measurement date guidelines enumerated in ASC 505-50.

New Accounting Pronouncements

The registrant has adopted all recently issued accounting pronouncements. The adoption of the accounting pronouncements, including those not yet effective, is not anticipated to have a material effect on the financial position or results of operations of the registrant.

Item 7a. Quantitative And Qualitative Disclosures About Market Risk

Not applicable.

Item 8. Financial Statements And Supplementary Data

PMX Communities, Inc.

Index to

Financial Statements



		Page
Report of Independent Registered Public Accounting Firm		18

Audited Consolidated Balance Sheets of December 31, 2014 and 2013		19

Audited Consolidated Statements of Operations for the Years ended December 31, 2014 and 2013		20

Audited Consolidated Statement of Changes in Stockholders' Deficit		21

Audited Consolidated Statements of Cash Flows for the Years ended December 31, 2014 and 2013		22

Notes to Consolidated Financial Statements		23

Messineo & Co., CPAs LLC

2471 N McMullen Booth Rd, Ste. 302

Clearwater, FL 33759-1362

T: (727) 421-6268

F: (727) 674-0511

[pmx10k14v4002.gif]

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and

Stockholders of PMX Communities, Inc.

We have audited the accompanying consolidated balance sheets of PMX Communities, Inc. and Subsidiaries (‘the Company”) as of December 31, 2014 and 2013 and the related consolidated statements of operations, changes in stockholders’ deficit and cash flows for the years then ended. PMX Communities Inc.’s management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of PMX Communities, Inc. and Subsidiaries of December 31, 2014 and 2013, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3, the Company has a deficiency in working capital, negative cash flows from operating activities, and a history of losses resulting in an accumulated deficit. The Company’s viability is dependent upon its ability to obtain future financing and the success of its future operations. These factors raise substantial doubt as to the Company’s ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 3. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Messineo & Co., CPAs, LLC

Clearwater, FL

April 14, 2015

PMX Communities, Inc. and Subsidiaries

Consolidated Balance Sheets

As of December 31, 2014 and 2013


	December 31,	December 31,
	2014	2013
Assets
Current assets
Cash and cash equivalents	$ 13	$ 2,956
Inventory	5,251	25,050
Prepaid expenses	-	500
Other current assets	-	500
Total current assets	5,264	29,006

Fixed assets
Property and equipment, net of accumulated depreciation of $63,661 and $31,924, respectively	96,438	128,175

Other assets
Security deposits	4,500	5,438
Total assets	$ 106,202	$ 162,619

Liabilities and Stockholders' Deficit

Current liabilities
Accounts Payable	$ 69,070	$ 58,295
Accrued expenses	-	10,612
Related parties - short-term loan	249,420	194,828
Notes payable - short term	224,024	204,553
Total current liabilities	542,514	468,288
Total Liabilities	542,514	468,288

Commitments and contingencies

Stockholders' deficit
Preferred stock, $.0001 par value; authorized 10,000,000; no issued and outstanding	-	-
Common stock, $.0001 par value; authorized 500,000,000 shares; issued and outstanding 93,115,124 and 81,912,764 shares as of December 31, 2014 and 2013, respectively	9,311	8,191
Additional paid-in capital	2,719,776	2,522,697
Accumulated deficit	(3,165,399)	(2,836,557)
Total stockholders' deficit	(436,312)	(305,669)
Total liabilities and stockholders' deficit	$ 106,202	$ 162,619

See accompanying notes to financial statements

PMX Communities, Inc. and Subsidiaries

Consolidated Statement of Operations

For the Years Ended December 31, 2014 and 2013


	2014	2013

Net sales	$ 6,234	$ 76,874
Cost of sales	5,270	75,681
Gross profit	964	1,193

Costs and expenses:
Depreciation	31,737	30,759
Selling, general and administrative expenses	264,355	315,813
	296,092	346,572
Loss from operations	(295,128)	(345,379)

Loss on settlement of debt	-	(413)
Loss on write-down of inventory to market	-	(65,076)
Other income	-	500
Interest expense	(33,714)	(30,145)
Loss before income taxes	(328,842)	(440,513)
Income taxes	-	-
Net loss	$ (328,842)	$ (440,513)


Basic net loss per share	$ (0.00)	$ (0.01)

Weighted average shares outstanding
Basic	86,174,320	77,962,049

See accompanying notes to financial statements.

PMX Communities, Inc. and Subsidiaries

Consolidated Statements of Changes in Stockholders' Deficit

For the Years Ended December 31, 2014 and 2013


	Common Stock		Additional Paid in	Accumulated	Total Stockholders'
	Shares	Par Value	Capital	Deficit	Deficit

Balance December 31, 2012	75,707,288	$ 7,571	$ 2,300,427	$ (2,396,044)	$ (88,046)

Common stock purchased for cash	1,075,000	107	85,893		86,000
Common stock issued for services	4,000,000	400	98,800		99,200
Common stock issued for conversion of notes payable	1,130,476	113	12,577		12,690
In-kind services			25,000		25,000
Net loss				(440,513)	(440,513)

Balance December 31, 2013	81,912,764	$ 8,191	$ 2,522,697	$ (2,836,557)	$ (305,669)

Common stock issued for services	5,250,000	525	113,150		113,675
Common stock issued for conversion of notes payable	5,952,360	595	58,929		59,524
In-kind services			25,000		25,000
Net loss				(328,842)	(328,842)

Balance December 31, 2014	93,115,124	$ 9,311	$ 2,719,776	$ (3,165,399)	$ (436,312)

See accompanying notes to financial statements.

PMX Communities, Inc. and Subsidiaries

Consolidated Statements of Cash Flows

For the Years Ended December 31, 2014 and 2013


	2014	2013
Cash flows from operating activities
Net loss	$ (328,842)	$ (440,513)
Adjustments to reconcile net (loss) to net
cash provided by (used in) operating activities:
Depreciation	31,737	30,759
Issuance of common stock for services	113,675	99,200
Loss on inventory write down	-	65,076
Loss on conversion of convertible notes	-	413
In-kind services	25,000	25,000
Change in assets and liabilities
Inventory	19,799	74,622
Prepaid expenses and other current assets	1,000	-
Security deposit	938	-
Accounts payable	10,775	7,541
Accrued interest	33,715	29,144
Accrued expenses	(10,612)	(2,033)
Net cash used in operating activities	(102,815)	(110,791)

Cash flows from investing activities
Purchase of fixed assets	-	(43,724)
Net cash used in investing activities	-	(43,724)

Cash flows from financing activities
Proceeds from related party notes payable	99,872	54,500
Proceeds from stock issuance	-	86,000
Net cash provided by financing activities	99,872	140,500

Net increase in cash and cash equivalents	(2,943)	(14,015)
Cash and cash equivalents, beginning of fiscal year	2,956	16,971
Cash and cash equivalents, end of period	$ 13	$ 2,956

Supplementary information:
Cash paid for :
Interest	$ -	$ 492
Income taxes	$ -	$ -

Non-cash transactions:
Conversion of notes payable and accrued interest into common stock	$ 59,524	$ 12,690

See accompanying notes to financial statements.

PMX Communities, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

For the Years Ended December 31, 2014 and December 31, 2013

NOTE 1 - DESCRIPTION OF BUSINESS

PMX Communities, Inc. "PMX" was organized under the laws of the State of Nevada on December 29, 2004 under the name Merge II, Inc. PMX's year end is December 31.

On September 28, 2010, the Company formed PMX Gold, LLC, (“PMX Gold”) a Florida limited liability company as a wholly owned subsidiary of the Company to assist with evaluating and pursuing opportunities within the Gold Mining and Retail Gold Sales Industries.

On September 28, 2011, the Company formed PMX Gold Bullion Sales Inc. (“PMX Bullion”), a Florida corporation as a wholly owned subsidiary of the Company.

PMX, (through its wholly owned subsidiaries PMX Gold, LLC and PMX Gold Bullion Sales Inc.) focuses on the development of leveraged opportunities within the Retail Gold Sales and Gold Mining Industries.

PMX Communities, Inc. and its wholly- owned subsidiaries are hereafter referred to as “the Company”.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying consolidated financial statements and notes are prepared in accordance with accounting principles generally accepted in the United States of America.

A summary of the significant accounting policies consistently applied in the preparation of the accompanying financial statements is as follows:

The accompanying consolidated financial statements were prepared assuming that the Company will continue as a going concern. This basis of accounting contemplates the recovery of the Company's assets and the satisfaction of its liabilities in the normal course of operations.

Cash and Cash Equivalents

The Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Significant estimates include the valuation of inventories, deferred tax assets and equity transactions.

Principles of Consolidation

The consolidated financial statements include the accounts of PMX Communities, Inc. and its wholly-owned subsidiaries, PMX Gold, LLC and PMX Gold Bullion Sales, Inc. All inter-company transactions have been eliminated.

Financial Instruments and Fair Value

The Company’s balance sheet includes certain financial instruments, including cash, inventory, accounts payable, accrued expenses and notes payable. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period of time between the origination of these instruments and their expected realization.

ASC 820, Fair Value Measurements and Disclosures, defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

Level 1

Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities

Level 2

Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the

asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3

Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of December 31, 2014. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments.

Inventories

Inventories are valued at the lower of cost (first-in, first-out) or market, and include finished gold bullion coins and bars. Inventory is stated at fair market value in accordance with ASC 330-10-35-15.

Equipment

Equipment is stated at cost, less accumulated depreciation. Depreciation is provided using the straight line method over the estimated useful life of five years for equipment, seven years for molds and seven years for furniture and fixtures.

Impairment of Long-Lived Assets

The Company evaluates the recoverability of long-lived assets and the related estimated remaining useful lives when events or circumstances lead management to believe that the carrying value of an asset may not be recoverable and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In such circumstances, those assets are written down to estimated fair value. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount of impairment is measured as the difference between the asset's estimated fair value and its book value.

Common Stock, Common Stock Options and Warrants

The Company uses the fair value recognition provision of ASC 718, "Compensation-Stock Compensation," which requires the Company to expense the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of such instruments. The Company uses the Black-Scholes option pricing model to calculate the fair value of any equity instruments on the grant date.

The Company also uses the provisions of ASC 505-50, "Equity Based Payments to Non-Employees," to account for stock-based compensation awards issued to non-employees for services. Such awards for services are recorded at either the fair value of the services rendered or the instruments issued in exchange for such services, whichever is more readily determinable, using the measurement date guidelines enumerated in ASC 505-50.

Income Taxes

Under the asset and liability method prescribed under ASC 740, Income Taxes, the Company uses the liability method of accounting for income taxes. The liability method measures deferred income taxes by applying enacted statutory rates in effect at the balance sheet date to the differences between the tax basis of assets and liabilities and their reported amounts on the financial statements. The resulting deferred tax assets or liabilities are adjusted to reflect changes in tax laws as they occur. A valuation allowance is provided when it is more likely than not that a deferred tax asset will not be realized.

The Company recognizes the financial statement benefit of an uncertain tax position only after considering the probability that a tax authority would sustain the position in an examination. For tax positions meeting a "more-likely-than-not" threshold, the amount recognized in the financial statements is the benefit expected to be realized upon settlement with the tax authority. For tax positions not meeting the threshold, no financial statement benefit is recognized. As of December 31, 2014 and 2013, the Company had no uncertain tax positions. The Company recognizes interest and penalties, if any, related to uncertain tax positions as general and administrative expenses. The Company currently has no federal or state tax examinations nor has it had any federal or state examinations since its inception. The tax years for December 31, 2011-2014 remain subject to review by federal and state tax authorities.

Revenue Recognition

The Company recognizes revenue when it is realized and realizable.

- Persuasive evidence of an arrangement exists; and

- Delivery has occurred; and

- Price is fixed or determinable; and

- Collectability is reasonably assured

Subject to these criterions, the Company recognizes revenue at the time the merchandise is purchased and the machine dispenses the relevant merchandise. The Company offers its individual customers a 14-day warranty if the item is returned and if the TEP packaging is not broken. The customer will receive their money back. The Company estimates an allowance for sales returns based on historical experience with product returns. The Company closely follows the provisions of ASC 605, Revenue Recognition, which includes the guidelines of Staff Accounting Bulletin No. 104 as described above.

Income (loss) Per Common Share

Basic income (loss) per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. As of December 31, 2014 and 2013, the effect of 325,000 and 325,000 warrants, respectively, are not included in the loss per share calculation since the effect is anti-dilutive.

Recent Authoritative Accounting Pronouncements

In May 2014, the FASB issued the FASB Accounting Standards Update No. 2014-09 “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”)

This guidance amends the existing FASB Accounting Standards Codification, creating a new Topic 606, Revenue from Contracts with Customer. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

To achieve that core principle, an entity should apply the following steps:

Identify the contract(s) with the customer

Identify the performance obligations in the contract

Determine the transaction price

Allocate the transaction price to the performance obligations in the contract

Recognize revenue when (or as) the entity satisfies a performance obligations

The ASU also provides guidance on disclosures that should be provided to enable financial statement users to understand the nature, amount, timing, and uncertainty of revenue recognition and cash flows arising from contracts with customers. Qualitative and quantitative information is required about the following:

Contracts with customers – including revenue and impairments recognized, disaggregation of revenue, and information about contract balances and performance obligations (including the transaction price allocated to the remaining performance obligations)

Significant judgments and changes in judgments – determining the timing of satisfaction of performance obligations (over time or at a point in time), and determining the transaction price and amounts allocated to performance obligations

Assets recognized from the costs to obtain or fulfill a contract.

ASU 2014-09 is effective for periods beginning after December 15, 2016, including interim reporting periods within that reporting period for all public entities. Early application is not permitted.

In June 2014, the FASB issued the FASB Accounting Standards Update No. 2014-12 “Compensation—Stock Compensation (Topic 718) : Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period” (“ASU 2014-12”).

The amendments clarify the proper method of accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. The Update requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. The performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered.

The amendments in this Update are effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Earlier adoption is permitted.

In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-15, “Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern” (“ASU 2014-15”). ASU 2014-15 is intended to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and to provide related footnote disclosures. The amendments in this ASU are effective for reporting periods beginning after December 15, 2016, with early adoption permitted. The Company is currently assessing the impact the adoption of ASU 2014-15 will have on its financial statements.

Management does not believe that any recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

NOTE 3 - GOING CONCERN

As reflected in the accompanying consolidated financial statements, the Company had a net loss of $328,842 and $440,513 for the years ended December 31, 2014 and 2013, respectively. The Company has a working capital and stockholders' deficiency of $537,250 and $439,282 at December 31, 2014 and 2013, respectively. There is a

substantial doubt about the ability of the Company to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company's ability to further implement its business plan and raise capital. Management hopes that the continued placement of precious metals machines in the U.S.A. and the potential of a global rollout of additional dispensing terminals will bring sufficient revenues and investment into the Company to sustain its growth and operations. Furthermore, the Company feels organic growth through a new acquisition strategy in their other subsidiaries will assist the registrant in achievement of their goals. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

NOTE 4 - INVENTORY

Included in inventory are the package materials used to hold each piece disbursed from the gold dispensing terminal.

Inventory consists of the following:


		December 31, 2014		December 31, 2013

Finished Goods	$	5,251	$	25,050
	$	5,251	$	25,050

In 2013 the Company recognized a write-down to fair market value, attributable to the gold pricing, in the amount of $65,076.

NOTE 5 - PROPERTY AND EQUIPMENT

Components of property and equipment are as:


		December 31, 2014		December 31, 2013

Gold Machines	$	146,224	$	146,224
Molds		8,909		8.909
Office Equipment		1,600		1,600
Office Furniture and Fixtures		3,366		3,366
Less: Accumulated Depreciation		(63,661)		(31,924)

Property and Equipment, net	$	96,438	$	128,175

Depreciation for the years ended December 31, 2014 and 2013 was $31,737 and $30,759, respectively.

NOTE 6 - NOTES PAYABLE

Promissory Notes

Beginning in 2010, the Company entered into various Promissory Notes at an annual interest rate of 8-10%. The Notes are unsecured and have maturities ranging from 6 months to 2 years.

During the year ended December 31, 2014, one noteholder converted his Promissory Notes with a principal of $47,600 and accrued interest of $11,924, for a total balance of $59,524, which was exchanged for 5,952,360 shares of common stock. The exchange shares were valued at the fair market trading price, therefore no gain or loss on the extinguishment of debt was recognized.

During the year ended December 31, 2014, one related party loaned the Company a total of $99,872 in a series of 10 promissory notes. The notes each have a 6-month maturity period with an annual interest rate of 5%.

During the year ended December 31, 2013, one related party converted his Promissory Note with a principal and accrued interest balance of $10,694 converted the balance to 1,110,684 shares of common stock resulting in a loss of $413 that was recorded in the Statement of Operations. Additionally, during the year ended December 31, 2013, 19,792 shares were awarded to one shareholder to satisfy accrued interest of $1,583 on a note previously converted in December 2012.

During the year ended December 31, 2013, one related party loaned the Company a total of $54,500 in a series of 9 promissory notes. The notes each have a 6-month maturity period with an annual interest rate of 5% - 10%.

The Promissory Notes carried outstanding principal of $384,239 and $331,967 as of December 31, 2014 and 2013, respectively. Accrued interest was $89,204 and $67,413 as of December 31, 2014 and 2013. Of these outstanding Promissory Notes, related parties held $249,420 and $247,100 in principal and accrued interest as of December 31, 2014 and 2013, respectively.

Future maturities of notes payable, excluding interest, as of December 31, 2014, are as follows:


Past Due	$ 338,239
2015	46,000
2016	-
thereafter	-
Total	$ 384,239

NOTE 7 - EQUITY

On December 11, 2014, the Company amended its Articles of Incorporation. The following are the authorized shares for each class:


Class	Par	Authorized
Preferred	0.0001	10,000,000
Common	0.0001	500,000,000

The preferred shares have not been designated in regards to preference.

Shares Issued for Cash

In 2013, the Company issued 1,075,000 shares of common stock for cash of $86,000.

Shares Issued for Services

During the year’s ended December 31, 2014 and 2013, the Company issued 2,000,000 and 4,000,000 shares of stock, respectively, to its CEO, Lindsey Perry in exchange for services. For the year ended December 31, 2014 and 2013, the Company recognized compensation, at the fair value of the shares at the date of grant, in the amounts of $20,000 and $25,000, respectively.

On March 6, 2014 the Company issued 2,500,000 shares of stock to one consultant under its Stock Awards Amended Plan and charged $75,000, the fair market value of the shares at the date of grant, to operations for the year ended December 31, 2014.

In 2013, the Company issued 4,000,000 shares for services to 5 professionals with a fair value of $99,200.

Shares Issued in Exchange for Notes Payable and Accrued Interest

On September 28, 2014, one noteholder converted his Promissory Notes with a principal of $47,600 and accrued interest of $11,924, for a total balance of $59,524, which was exchanged for 5,952,360 shares of common stock. The exchange shares were valued at the fair market trading price, therefore no gain or loss on the extinguishment of debt was recognized.

Warrants

The following tables summarize all “A” and “B” warrants issued to consultants and warrants issued as part of convertible debt transactions for the year ended December 31, 2014 and December 31, 2013, and the related changes during these years. The A warrants are exercisable at $0.20 per share for a period of one year from the date of issue and the B warrants are exercisable at $0.25 per share for a period of two years from the date of issue.


Warrants
Balance at December 31, 2012		4,081,053
Issued		0
Exercised		0
Expired/Forfeited		(3,756,053)
Balance at December 31, 2013		325,000
Warrants Exercisable at December 31, 2013		325,000
Weighted Average Fair Value of Warrants Granted During 2013	$	0.00



Balance at December 31, 2013		325,000
Issued		0
Exercised		0
Expired/Forfeited		0
Balance at December 31, 2014		325,000
Warrants Exercisable at December 31, 2014		325,000
Weighted Average Fair Value of Warrants Granted During 2014	$	0.00

NOTE 8 - RELATED PARTY TRANSACTIONS

During the year ended December 31, 2014, one shareholder converted his Promissory Notes with a principal and accrued interest balance of $59,524 converted the balance to 5,952,360 shares of common stock.

In 2014 and 2013, the Company’s majority shareholder loaned the Company $99,872 and $54,500. Amounts loaned were at various dates, evidenced by notes, maturing in six months, at stated interest rate of 5% and 10% after the maturity date

In 2013, an officer of the company converted a promissory note with principal and accrued interest of $10,694 to 1,110,684 shares of common stock.

NOTE 9 – COMMITMENT AND CONTIGENCY

In December 2012, the Company signed a 36-month lease agreement for office space at Reflections of Boca LLC. The rent is $1,366 per month.

The Company signed a 12-month lease for rental space for the Company’s gold dispensing terminal on January 1, 2013. The rent is $3,500 per month. The lease was not renewed for 2014.

Security Deposits consist of the following:


		December 31, 2014		December 31, 2013

West Boca Executive Suites	$		$	939
Reflections of Boca LLC		4,500		4,499
	$	4,500	$	5,438

Future lease commitments



For the years ending:
2015	2,928
Total	$2,928

NOTE 10 – PROVISION FOR INCOME TAXES

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial statement purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax liabilities and assets as of December 31, 2014 and 2013 are as follows:


		2014		2013
At December 31, deferred tax assets consist of:
Net operating loss carry forward	$	2,697,168	$	2,368,326
Start-up costs capitalized for tax purposes		405,876		405,876
Gross deferred tax assets		1,086,065		970,971
Valuation allowance		(1,086,065)		(970,971)
Net deferred tax assets	$	-	$	-

The difference between income tax expense computed by applying the federal statutory corporate tax rate and actual income tax expense is as follows:


	December 31,
	2014	2013

Combined statutory income tax rate	35%	35%

Valuation allowance	(35%)	(35%)
Effective tax rate	-	-

Deferred income taxes result from temporary differences in the recognition of income and expenses for the financial reporting purposes and for tax purposes. The effects of temporary differences that gave rise to deferred tax assets are as follows:

The Company has made a 100% valuation allowance of the deferred income tax asset at December 31, 2014, as it is not expected that the deferred tax assets will be realized. The Company has a net operating loss carry forward of $2,697,168 available to offset future taxable income through 2034. The valuation allowance increased $115,094 for the year ended December 31, 2014.

The Company’s federal income tax returns for the years ended December 31, 2012 through December 31, 2014 remains subject to examination by the Internal Revenue Services as of December 31, 2014.

NOTE 11 - SUBSEQUENT EVENTS

In accordance with ASC 855-10, “Subsequent Events” the Company has analyzed its operations subsequent to December 31, 2014 to the date these financial statements were available to be issued and has determined that the following subsequent events need to be disclosed in these financial statements.

We have made the following balloon promissory notes to Mark Goldstein, a majority shareholder of the Company: On January 29, 2015, we made a $2,703 balloon promissory note with an interest rate of 5% for the first six months and 10% thereafter. On February 10, 2015, we made a $6,900 balloon promissory note with an interest rate of 5% for the first six months and 10% thereafter. On March 6, 2015, we made a $14,000 balloon promissory note with an interest rate of 5% for the first six months and 10% thereafter.

Item 9. Changes In and Disagreements With Accountants On Accounting And Financial Disclosure

None

Item 9a. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including our chief executive officer and chief financial officer, we conducted an evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended, as of December 31, 2014. We do not have sufficient segregation of duties within accounting functions, which is a basic internal control. Due to our size and nature, segregation of all conflicting duties may not always be possible and may not be economically feasible. However, to the extent possible, the initiation of transactions, the custody of assets and the recording of transactions should be performed by separate individuals. Based on this evaluation, our chief executive officer and chief financial officer have concluded such controls and procedures to be not effective as of December 31, 2014 to ensure that information required to be disclosed by the issuer in the reports that it files or submits under the Act is recorded, processed, summarized and reported, within the time periods specified in the Commission's rules and forms and to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuer's management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

Management’s Annual Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Our internal control over financial reporting is the process designed by and under the supervision of our chief executive officer and chief financial officer, or the persons performing similar functions, to provide reasonable assurance regarding the reliability of our financial reporting and the preparation of our financial statements for external reporting in accordance with accounting principles generally accepted in the United States of America. These officers have evaluated the effectiveness of our internal control over financial reporting using the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control over Financial Reporting – Guidance for Smaller Public Companies.

Our chief executive officer and chief financial officer have assessed the effectiveness of our internal control over financial reporting as of December 31, 2014 and concluded that it was not effective because of the material weakness described below:

In connection with the preparation of our consolidated financial statements for the year ended December 31, 2014, material weaknesses became evident to management regarding our inability to generate all the necessary disclosure for inclusion in our filings with the Securities and Exchange Commission due to the lack of resources and segregation of duties. A material weakness is a significant deficiency in one or more of the internal control components that alone or in the aggregate precludes our internal controls from reducing to an appropriately low level the risk that material misstatements in our consolidated financial statements will not be prevented or detected on a timely basis.

The registrant hired an outsource certified public accountant to work with our CFO and management on an as needed basis to eliminate the material weaknesses. We will continue to aggressively recruit experienced professionals to ensure that we include all necessary disclosures in our filings with the Securities and Exchange Commission. Although we believe that this corrective step will enable management to conclude that the internal controls over our financial reporting are effective when the staff is trained, we cannot assure you these steps will be sufficient. We may be required to expend additional resources to identify, assess and correct any additional weaknesses in internal control.

This annual report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by the registrant’s registered public accounting firm pursuant to rules of the Securities and Exchange Commission that permit the registrant to provide only management’s report in this annual report.

Evaluation of Changes in Internal Control over Financial Reporting

Our chief executive officer and chief financial officer have evaluated changes in our internal controls over financial reporting that occurred during the year ended December 31, 2014. Based on that evaluation, our chief executive officer and chief financial officer, or those persons performing similar functions, did not identify any change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Important Considerations

The effectiveness of our disclosure controls and procedures and our internal control over financial reporting is subject to various inherent limitations, including cost limitations, judgments used in decision making, assumptions about the likelihood of future events, the soundness of our systems, the possibility of human error, and the risk of fraud. Moreover, projections of any evaluation of effectiveness to future periods are subject to

the risk that controls may become inadequate because of changes in conditions and the risk that the degree of compliance with policies or procedures may deteriorate over time. Because of these limitations, there can be no assurance that any system of disclosure controls and procedures or internal control over financial reporting will be successful in preventing all errors or fraud or in making all material information known in a timely manner to the appropriate levels of management.

Item 9b. Other Information

None

PART III

Item 10. Directors, Executive Officers And Corporate Governance.

Our bylaws provide that the number of directors who shall constitute the whole board shall be such number as the board of directors shall at the time have designated. We confirm that the number of authorized directors has been set at one or more in number pursuant to our bylaws.

Each director shall be selected for a term of one year and until his successor is elected and qualified. Vacancies are filled by a majority vote of the remaining directors then in office with the successor elected for the unexpired term and until the successor is elected and qualified. The directors, officers and significant employees are as follows:


NAME	AGE	POSITIONS HELD	SINCE
Lindsey Perry	61	CEO/ Director/ CFO/ Controller	April 19, 2012 to present

Business Experience of Officers, Directors and Significant Employees

Lindsey R. Perry, Jr. has been the chairman, chief executive officer, and chief financial officer of PMX Communities since April 19, 2012. Mr. Perry graduated from Bucknell University in 1977 with a Bachelor of Science Degree in accounting.

The above named director will serve in his capacity as director until our next annual shareholder meeting to be held within six months of our fiscal year's close. Directors are elected for one-year terms.

Section 16(a) Beneficial Ownership Reporting Compliance

To our knowledge, no director, officer or beneficial owner of more than ten percent of any class of our equity securities, failed to file on a timely basis reports required by Section 16(a) of the Exchange Act during 2014.

Code of Ethics Policy

We have not yet adopted a code of ethics that applies to our principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions.

Corporate Governance

There have been no changes in any state law or other procedures by which security holders may recommend nominees to our board of directors. In addition to having no nominating committee for this purpose, we currently have no specific audit committee and no audit committee financial expert. Based on the fact that our current business affairs are simple, any such committees are excessive and beyond the scope of our business and needs.

Family Relationships

There are no family relationships between our officers and directors.

Involvement in Certain Legal Proceedings

None of our directors, executive officers and control persons has been involved in any of the following events during the past ten years:

Any bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time,

Any conviction in a criminal proceeding or being subject to any pending criminal proceeding (excluding traffic violations and other minor offenses);

Being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his or her involvement in any type of business, securities or banking activities; or

Being found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated.

Item 11. Executive Compensation

We may elect to award a cash bonus to key employees, directors, officers and consultants based on meeting individual and corporate planned objectives.


Name and Principal Position	Year	Salary	Bonus	Stock Awards	Option Awards	Non-Equity Incentive Plan Comp	Nonqualified deferred Comp Earnings	All Other Comp	Total
Lindsey Perry	2014	-	-	20,000	-	-	-	-	20,000
CEO/ CFO	2013	-	-	24,800	-	-	-	-	24,800

Item 12. Securities Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The following table sets forth, as of April 15, 2015, the number and percentage of our outstanding shares of common stock owned by (i) each person known to us to beneficially own more than 5% of its outstanding common stock, (ii) each director, (iii) each named executive officer and significant employee, and (iv) all officers and directors as a group.

The number of shares listed below includes shares that each shareholder listed in the table has the right to acquire beneficial ownership of within 60 days.


Name and Address	Number & Class of Shares	Percentage of Outstanding Common Shares
Lindsey R. Perry, Jr. (1)	6,906,628 direct	7.42%
6505 NW 39^th Terrace	110,000 indirect(2)	0.12%
Boca Raton, FL 33496

Directors/ Officers	6,906,628 direct	7.42%
As a group one (1) person	110,000 indirect	0.12%


Mark Goldstein	1,620,975 direct	1.74%
2700 N. Military Trail	38,952,360 indirect (3)	41.83%
Suite 130
Boca Raton, FL 33431

(1)Mr. Perry is an officer and director of PMX Communities.

(2)These shares are owned by Caddyshack Partners, LLC. Mr. Perry owns 25% of this entity

(3)Represents common shares held by Dickinson Capital, LLC (a Florida limited liability company) that is controlled by Mark B. Goldstein.

Based upon 93,115,124 outstanding common shares as of April 8, 2015.

Item 13. Certain Relationships and Related Transactions, and Director Independence

In 2014 and 2013, Mark Goldstein loaned the registrant $99,872 and $54,500, respectively.

In 2013, Lindsey Perry converted a promissory note with principal and accrued interest of $10,694 to 1,110,684 common shares.

On January 6, 2014, the registrant issued 2,000,000 common shares to Lindsey Perry for future services.

Director Independence

All of our directors are independent as such term is defined by a national securities exchange or an inter-dealer quotation system. During the years ended December 31, 2014 and 2013 there were no transactions with related persons other than as described in the section below.

Item 14. Principal Accounting Fees and Services

On May 1, 2013, the registrant dismissed Liggett, Vogt & Webb, P.A. as their registered independent public accountant. On May 2, 2013, the registrant engaged Messineo & Co., CPAs, LLC as their new independent public accountant. The following table shows the fees that were billed for the audit and other services provided by such firm for 2014 and 2013.


	2014	2013
Audit Fees	$17,500	$12,500
Audit-Related Fees	-	-
Tax Fees	-	-
All Other Fees	-	-
Total	$17,500	$12,500

Audit Fees - This category includes the audit of our annual financial statements, review of financial statements included in our Form 10-Q Quarterly Reports and services that are normally provided by the independent auditors in connection with engagements for those fiscal years. This category also includes advice on audit and accounting matters that arose during, or as a result of, the audit or the review of interim financial statements.

Audit-Related Fees - This category consists of assurance and related services by the independent auditors that are reasonably related to the performance of the audit or review of our financial statements and are not reported above under "Audit Fees." The services for the fees disclosed under this category include consultation regarding our correspondence with the SEC and other accounting consulting.

Tax Fees - This category consists of professional services rendered by our independent auditors for tax compliance and tax advice. The services for the fees disclosed under this category include tax return preparation and technical tax advice.

Pre-approval Policy

Our Board of Directors has adopted a procedure for pre-approval of all fees charged by our independent auditors. Under the procedure, the Board approves the engagement letter with respect to audit, tax and review services. Other fees are subject to pre-approval by the Board, or, in the period between meetings, by a designated member of Board. Any such approval by the designated member is disclosed to the entire Board at the next meeting. The audit and tax fees paid to the auditors with respect to 2014 were pre-approved by the entire Board of Directors.

Board of Directors Report

The Board of Directors has reviewed and discussed with the registrant's management and independent auditor the audited consolidated financial statements of the registrant’s contained in the registrant's Annual Report on Form 10-K for the registrant's fiscal year ended December 31, 2014. The Board has also discussed with the independent auditor the matters required to be discussed pursuant to SAS No. 61 (Codification of Statements on Auditing Standards, AU Section 380), which includes, among other items, matters related to the conduct of the audit of the registrant's consolidated financial statements.

The Board has received and reviewed the written disclosures and the letter from the independent auditor required by the applicable requirements of the Public Company Accounting Oversight Board regarding the independent auditor's communications with the Board concerning independence, and has discussed with its independent auditor its independence from the registrant.

The Board has considered whether the provision of services other than audit services is compatible with maintaining auditor independence.

Based on the review and discussions referred to above, the Board approved the inclusion of the audited consolidated financial statements in the registrant's Annual Report on Form 10-K for its fiscal year ending December 31, 2014 for filing with the SEC.

PART IV

Item 15. Exhibits, Financial Statement Schedules

(a)(1) List of Financial statements included in Part II hereof

Balance Sheets, December 31, 2014 and 2013

Statements of Operations for the years ended December 31, 2014 and 2013

Statements of Stockholders' Equity (Deficit) for the years ended December 31, 2014 and 2013

Statements of Cash Flows for the years ended December 31, 2014 and 2013

Notes to the Financial Statements

(a)(2) List of Financial Statement schedules included in Part IV hereof: None.

(a)(3) Exhibits

The following exhibits are included herewith:


Exhibit No.	Description
31	Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32	Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema Document
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*	XBRL Taxonomy Extension Label Linkbase Document
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document

*XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

Following are a list of exhibits which we previously filed in other reports which we filed with the SEC, including the Exhibit No., description of the exhibit and the identity of the Report where the exhibit was filed.


NO.	DESCRIPTION	FILED WITH	DATE FILED
3.1	Articles of Incorporation	Form S-1	September 3, 2009
3.2	Certificate of Amendment	Form S-1	September 3, 2009
3.3	Certificate of Change	Form S-1	September 3, 2009
3.4	Certificate of Amendment	Form 8-K	December 12, 2014
3.5	Bylaws	Form S-1	September 3, 2009
4.1	PMX Stock Awards Plan	Form S-8	November 11, 2013
10.1	Lease-Purchase Option	Form S-1	September 3, 2009
10.2	Revised Assignment and Assumption	Form S-1/A	October 16, 2009
10.3	Agreement with Invisosoft	Form S-1	September 3, 2009
10.4	Business Consultant Agreement	Form S-1	September 3, 2009
10.5	Gervis Agreement	Form S-1/A	October 16, 2009
10.6	Partial Satisfaction of Promissory Notes	Form S-1/A	October 16, 2009
10.7	Mark Goldstein Note Dated 2/13/09	Form S-1/A	October 16, 2009
10.8	Barry Roderman Note Dated 2/13/09	Form S-1/A	October 16, 2009
10.9	Mark Connell Note Dated 2/27/09	Form S-1/A	October 16, 2009
10.10	Andrew Goldstein Note Dated 3/8/09	Form S-1/A	October 16, 2009
10.11	Philip and Cynthia Liberty Note Dated 6/19/09	Form S-1/A	October 16, 2009
10.12	Glenn Murphy Note Dated 6/25/09	Form S-1/A	October 16, 2009
10.13	Financing Agreement Dated 8/18/10	Form 8-K	October 20, 2010
10.14	Agreement Dated 9/2/10	Form 8-K	October 20, 2010
10.15	Agreement Dated 10/5/10	Form 8-K	October 20, 2010
10.16	Transmedia Consulting Agreement	Form 8-K	December 20, 2010
10.17	Tritos Consulting Agreement	Form 8-K	December 20, 2010
10.18	Development Agreement	Form 8-K	August 29, 2011
10.19	Financing Agreement	Form 8-K	August 29, 2011
10.20	Employment Agreement	Form 8-K	August 29, 2011
10.21	2011 Stock Awards Plan	Form 8-K	August 29, 2011
10.22	First Amendment to Executive Employment Agreement	Form 8-K/A	February 15, 2012
10.23	Promissory Note	Form 8-K/A	February 15, 2012
16.1	Auditor's Letter	Form 8-K/A	February 22, 2013
99.1	Confidentiality Agreement	Form 8-K	May 21, 2012

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

PMX COMMUNITIES, INC.

BY: /s/ Lindsey Perry

Lindsey Perry

Chief Executive Officer, Chief Financial Officer

Dated: April 15, 2015

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By: /s/ Lindsey Perry

Lindsey Perry

Chief Executive Officer, Chief Financial Officer, Director, Controller

Dated: April 15, 2015

Exhibit 31

Certification of Chief Executive Officer

Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and Item 307 of Regulation S-K

I, Lindsey Perry, certify that:

I have reviewed this Form 10-K of PMX Communities, Inc. for the period ended December 31, 2014;

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5.The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

/s/: Lindsey Perry

Lindsey Perry

Chief Executive Officer

Chief Financial Officer

April 15, 2015

Exhibit 32

CERTIFICATION PURSUANT

Section 1350 Certification as adopted pursuant to

Section 906 of the SARBANES-OXLEY ACT OF 2002

The undersigned officer of PMX Communities, Inc. (the "Company"), hereby certifies, to such officer's knowledge, that the Company's Annual Report on Form 10-K for the period ended December 31, 2014 (the "Report") fully complies with the requirements of Section 13(a) of the Securities Exchange Act of 1934 and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: April 15, 2015

By: /s/ Lindsey Perry

Lindsey Perry

Chief Executive Officer

Chief Financial Officer

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