Endexx Corporation (PK) (EDXC) News

Endexx Corporation (OTC: EDXC) released a CEO Guidance Report detailing the company's strategic direction and financial performance. Here are the key takeaways:
Link:https://finance.yahoo.com/news/endexx-corporation-announces-ceo-guidance-120000288.html

Strategic Vision:

Focus on expanding product lines, enhancing distribution, and driving sustainable growth.
Investment in R&D to stay ahead of industry trends and meet customer needs.
Financial Performance:

Revenue increased to $1,094,723 as of December 31, 2023, up from $491,709 the previous year.
Implementation of cost-saving measures and operational optimizations to improve profitability.
Market Expansion:

Ongoing efforts to expand domestic and international market presence.
Significant strides by the HYLA division in securing new distribution agreements.
Shareholder Value:

Commitment to transparency and open communication.
Strategic initiatives aimed at long-term value creation.
Sales Initiatives:

Gaining traction with internal sales efforts and new proposals.
Introducing HYLA products in key US retail partners.
Addressing Financial Challenges:

Engaging potential investors for additional funding.
Improving cash flow management and payment cycles.
Future Outlook:

Continued focus on R&D, market penetration, and regulatory compliance.
Strong performance expected from HYLA products.
Conclusion:
Endexx Corporation is committed to building a resilient company that delivers shareholder value. Strategic initiatives and improved financial performance suggest a positive future trajectory.

What are your thoughts on Endexx Corporation's latest updates? Do you believe their strategies will drive long-term growth? Let's discuss!


I for one think that this is a step in the right direction, all these strategies implemented could have positive results on the horizon

Clearly, I changed my mind. Just trying to save people from getting bent over and lied to.

You said, "I got no more to say" last time. Then you said more. LOL. Personally, I wouldn't want the job they took on. It appears that they were handed a bunch of problems to solve, based on today's Q filing.

Seems to me they are going to F the loyal shareholders and dilute this pig into oblivion. Was watching to see if anything of substance is happening. Glad I got out long ago.

Best to do thorough due diligence like real factcheckers do/did.
They were right all along.
PERIOD.
All I am saying is to do some DD on him and save your hard-earned money. I'm not a basher in any way, I believed in him at one point and learnt a lesson the hard way. Just try to find something positive about him that he hasn't posted himself or paid to have written about himself. Go to the ASTA formerly WRFX board and see what you find.

No reason to have to learn a “hard lesson” when the entire research was provided the entire time.
SMH.

oh my bad, gonna research, on it, back in the day he was consulting for a lot of companies

This is what's amusing about the OTC. People are so desperate to make a buck that they'll put blinders on. I've got no more to say on this topic. If you're not smart enough to do your own due diligence and there's a shitload of available with a few searches, than you deserve exactly what's coming for you.

Focus yourself. You might be new, but most of us are happy to see new blood in management. These guys are temporary at best. Let's see what they can do in 90 days. New management is not a step backward—yet. (We are definitely waiting to see if transparency finally happens as promised.) Oh look - a Q was filed ...

It looks like Q1 was filed, and hopefully, they can get Q2 done before the deadline. Sales increased, but the company's debt is ridiculous. Most of the debt is locked up - some convertible. HYLA sales def trending up. I need to see Q2.

All I am saying is to do some DD on him and save your hard-earned money. I'm not a basher in any way, I believed in him at one point and learnt a lesson the hard way. Just try to find something positive about him that he hasn't posted himself or paid to have written about himself. Go to the ASTA formerly WRFX board and see what you find.

That sounds great, good numbers would be the saving grace

Those all mater for sure

Questions: Khalad lawsuit? CBDUnlimited out of Walgreens and why? HYLA Sales previously announced and current sales? Where is the audit? Where is the update on the audit and missing Q filings? These are the main questions.

Ignoring individuals with high school level obsessions, the main question is: Can we receive an evaluation of HYLA sales and distribution? I am currently reaching out to the listed emails to secure a response. Stay tuned!

What SIF is bringing onboard

Comprehensive Management Support
From PR:
In addition to Brad's leadership, SIF will bring a team of experienced consultants to support Endexx's management. Among these consultants is Lt. Colonel Elton Johnson Jr., a highly decorated war hero and the founder of Amerivet Securities. Lt. Colonel Johnson, who holds Series 7 and 22 licenses, specializes in deep-diving financial operations and will provide invaluable expertise to strengthen Endexx's financial strategies.

Collaboration and Future Goals

Brad and the team at SIF will work closely with Endexx's Board of Directors and under the feedback of shareholders, whom Brad recognizes as his true bosses. This collaboration aims to align strategic objectives, drive innovation, improve market engagement, and enhance shareholder value. One key goal is to find a full-time CEO for Endexx in the future, ensuring the company's long-term stability and growth.

https://www.linkedin.com/in/bradlistermann/ and https://www.linkedin.com/in/eltonjohnsonandamerivet/

Anxiously waiting for it

I don't really agree Their goal is to get the company back in order, addressing any issues from the past. Todd's departure and the new management should be seen as a positive step towards a better future for the company

Don't think having a job at 13 makes you lackluster

https://www.linkedin.com/in/bradlistermann/ and https://www.linkedin.com/in/eltonjohnsonandamerivet/
Comprehensive Management Support
From PR:
In addition to Brad's leadership, SIF will bring a team of experienced consultants to support Endexx's management. Among these consultants is Lt. Colonel Elton Johnson Jr., a highly decorated war hero and the founder of Amerivet Securities. Lt. Colonel Johnson, who holds Series 7 and 22 licenses, specializes in deep-diving financial operations and will provide invaluable expertise to strengthen Endexx's financial strategies.

Collaboration and Future Goals

Brad and the team at SIF will work closely with Endexx's Board of Directors and under the feedback of shareholders, whom Brad recognizes as his true bosses. This collaboration aims to align strategic objectives, drive innovation, improve market engagement, and enhance shareholder value. One key goal is to find a full-time CEO for Endexx in the future, ensuring the company's long-term stability and growth.

Sounds like a movie script! Apparently, SIF, Inc. is the consulting company that the EDXC Board hired, and they also have Lt Col. Johnson Jr. (impressive) on board. Frankly, anybody is better than before. It's a 90-day gig to find a new CEO, according to the PR. Let's see how they do!

Sounds like this was an easy cash out for Todd, let someone else do the work of closing the doors, and making him not look responsible for the consequences.
Also insulates him from anyone coming after him

Everything about this smells like chit. What happened to the new management introduced a few months ago?
No sales reports, there’s nothing preventing that.
IMO filing form 15 isn’t in share holders interest, but a sign of what’s to come

Look into the new CEO and run fast. Brad has had at least 5-6 jobs in the last 5-6yrs and one was an Uber driver. He diluted the shit out of WRFX with Toxic notes, all while living in LA, driving a Maserati SUV, buying land in Hawaii and a bunch of other crap. Before finally being forced out.

I'm just suggesting that, based on the news, the audit is complete.

This is old news. There is hardly anything left of CBD Unlimited. Walgreens and Target don't sell their products anymore. Inventory is no longer available online at these stores plus Amazon. The two big box stores no longer grant space for CBD Unlimited products on the shelf. So what is Todd going to do? CBD is dead.

Like I said before I guys we're going back to a vape company like we were in 2015. What a joke!!!

"Todd Davis, the CEO and founder, is poised to transition from his CEO role after the company’s crucial 2023 audit is completed. Davis will continue to drive growth as President of CBD Unlimited and will retain his integral role on the Endexx board of directors. This evolution of the management of the company is set to spotlight HYLA, known for its exceptional growth trajectory and recent successes, as the primary catalyst for Endexx’s future expansion. Endexx year-over-year growth since the acquisition of Hyla has been XYZ percent since August of 2022. With this in mind, Endexx will also be putting in motion a plan to change the company’s name and to secure an updated ticker symbol reflecting this name change."

This would seem indicate that the audit is finally complete.

Hey guys i found this news, Todd really resigned? So it says he remains CEO for CBD Unlimited

Here's the news

https://www.newmediawire.com/news/endexx-corporation-announces-new-interim-ceo-7075763

Takeaway, Brad Listermann is the new CEO

I guess there was news that I didn’t see today..!

I’d love to know if that is true

This was posted on “ Investing.com “ and “The Lion.com” I hope there is truth to it

The bright side …Todd resigned. This could help turn this turd into something. Todd is still CEO of CBD, which is dead

I agree, that's probably a last chance to turn things around

I’m pretty sure there are not many share holders left in this stock. Updates to the updates of no updates for the sake of buying time.. super lame shit headed shit show.

Dang this POS is down 16%, when the rest of the sector is green. I guess investors have caught on to your BS Todd. Way to go you FN liar.

I'll be doing the same. I have massive losses here.

If this was the old days Todd, I'd drag you behind my horse.

Yeah so many red flags, looks like I’ll be utilizing this as a tax loss against gains for years..

I agree. Prue scum. He is misleading investors by promoting products that are no longer available for purchase. Sales are most likely dismal. If Todd is selling shares he's definitely hard up for cash. This guy rolls massive debt.

Since we're reverting back to a vape company, these guys better make it work. This looks like one last chance.

There is a current dispute lawsuit and Counter suit against each other and that is why bless well is currently no longer available and may be permanently gone. From Endexx product offerings

If you try to order Blesswell online, almost all say “ no longer available at this store”

Todd is a real POS. CBD is dead. Walgreens by me hasn’t had it for a few months, even though they were saying it’s the #1 selling pain cream

Check the CBD muscle and joint cream on Walgreens website. The product is no longer stocked on the shelves in my area. The product is no longer instock on Walgreens website and cannot be shipped as well. Not good Todd. Looks like we're back to a vape company.

I also have a lot of money in this as well as other people that I mentioned this to as well have a lot of money in this.

Just my two cents but I don't feel a company that puts this out is getting ready to close it's doors. Anything is possible as I held HCMC in this business and it went belly up. Time will tell, sometime this summer I think as there will be an audit report.

🌿 Say goodbye to nicotine and hello to #HYLA! Our innovative devices deliver refreshing flavors and plant-based #health benefits. Now available in 10 countries. Join the movement for a healthier future. https://t.co/mv7hkexcyE https://t.co/AG6BNioajY$EDXC - Endexx#Vape #OTC pic.twitter.com/TKryo4Midd— Endexx Corporation (@EndexxCorp) June 24, 2024

I hope I am wrong. I have a lot of money in this. We’ll see

It'd NOT true the company posted on its Facebook page last night clarifying this. The form was filed to suspend filings until the audit is finished. You are spreading wrong information.

It looks like EDXC has filed with SEC to close out business, explains why the silence, no reports. All of us share holders got caught holding the bag.

Too bad we're not living in the wild west anymore. I agree he is a complete heartless theif. You'll get yours Todd. What goes around comes around fool!

A post on The Lion. Com
Is makes sense with no financial, no communication. Looks like HYLA was a last straw to drive up price, so they could unload.

He is what you would call a white collar criminal

Where