Pennexx Foods Inc. Begins Name Change to Pennexx Technologies Inc.
January 07 2021 - 9:20AM
InvestorsHub NewsWire
Philadelphia, PA -- January 7, 2021 -- InvestorsHub NewsWire --
Pennexx Foods Inc. (PNNX) announces
it is working toward renaming itself to Pennexx Technologies
Inc.
It is felt Pennexx Technologies Inc. is more befitting a
technology company able to serve a multitude of
industries. Adding the word “Technology”, while
eliminating the word “Food” represents our distinction, our
identity and our passion as a technology industry.
Pennexx Foods Inc. acquired https://YourSocialOffers.com(YSO), a rapidly
growing social media marketing platform, and has successfully
transformed itself into a technology company with ongoing revenue
and unmatched technology.
https://www.noobpreneur.com/2015/07/29/5-reasons-why-your-business-name-is-important-to-its-success/ states
the five most important reasons for choosing a business name for
success are: 1. It sets the scene, 2. It informs your market, 3. It
defines your business, 4. It helps direct your business, and
5. It motivates you as a company.
Pennexx’s mission statement is; “To empower businesses with
unique and affordable solutions, consumers with ubiquitous shopping
options, and philanthropic opportunities for all.”
The process of renaming the company will include completing
the necessary steps to gain approval from regulators, industry
watchdogs and the OTC Market. This includes approval
from the State of Pennsylvania, FINRA, and the SEC. It is
unknown the amount of time that it will take to complete the name
change process.
Vincent Risalvato, CEO of Pennexx, said, “The company has an
exciting future ahead and while the name doesn’t make the company,
I feel it is symbolic that we are changing the name and doing so
many great things in 2021.”
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 investors@pennexx.net.
You may also follow them on Twitter; Ms. Sunny
Sweet (@sunnysweettweet) https://twitter.com/sunnysweettweet,
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
report.
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.
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