Pennexx Reports That It Has Doubled Its Revenue for the Fourth Quarter 2020 and Has Commitments for Revenue for 2021 and 2022
Philadelphia, PA -- December 17, 2020 -- InvestorsHub NewsWire
-- Pennexx (PNNX)
reports it has increased its revenue for the fourth quarter of this
year and has a commitment for additional revenue avenues going into
This news represents a significant milestone for the company
regarding its continuous commitment to increasing shareholder
value, increasing its revenue, and building a strong foundation for
Fourth quarter revenue has approximately doubled in comparison
to the third quarter. Pennexx has opened the door to the
possibility of a significant revenue increase for 2021.
Vincent Risalvato, CEO of Pennexx, said, "We are feeling
optimistic to see this rapid growth and revenue this quarter. I
attribute Pennexx's growth to our hard-working team who are
diligent and dedicated to the health of Pennexx, YSO, and its
Pennexx's revenues are earmarked for paying expenses, building
YSO technology and its brand.
Pennexx's primary financial goal is to catapult it to a social
media marketing success. Joe Candito, President of Pennexx,
said, "Pennexx has a diverse number of ways they can collect
revenue. Our team is building those revenue streams and building a
sales team through partnerships and commission-based agreements.
Our aggressive commission structure is attractive for partners with
a proven track record of sales growth."
Pennexx's revenue streams include subscription fees, commission
on influencer sales, a percentage of discount offers, advertising
fees, development fees, as well as others.
According to https://www.investopedia.com/articles/stocks/08/successful-company-qualities.asp,
"Stable earnings, return on equity (ROE), and their relative value
compared with those of other companies are timeless indicators of
the financial success of companies that might be good
Vincent Risalvato says, "We are in a growth stage, hoping to
quickly transition to a point as soon as next year where we may see
an ROE and possibly a dividend to our shareholders. Earning money
for our shareholders is one of our goals for the company, and I
believe it is very achievable."
For More Information
Pennexx will do their best to openly and publicly
answer your questions and concerns via social media on
Twitter https://twitter.com/pennexx @pennexx or
you may email firstname.lastname@example.org.
You may also follow them on Twitter; Ms. Sunny
Sweet (@sunnysweettweet) https://twitter.com/sunnysweettweet, Mr.
Risalvato (@vrisalvato) https://twitter.com/vrisalvato and Joe Candito (@jcandito) https://twitter.com/jcandito.
About Pennexx Foods Inc.
About Pennexx Foods Inc. (PNNX:
OTCMKTS US). Pennexx, through its wholly-owned subsidiaries, is
a holding company within the Software/Internet Industry focused on
social media, prepaid debit cards, BitGift™, artificial
intelligence, targeted marketing, and consumer rewards.
Safe Harbor Act: This release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or
"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in a company's annual
For additional information, you may also visit our website at
https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409.
Please follow us on Twitter @Pennexx.