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Pennexx Foods Inc (PK)

Pennexx Foods Inc (PK) (PNNX)

0.0488
0.00
(0.00%)
Closed April 29 4:00PM

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Key stats and details

Current Price
0.0488
Bid
0.045
Ask
0.0526
Volume
-
0.00 Day's Range 0.00
0.0383 52 Week Range 0.075
Market Cap
Previous Close
0.0488
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
48,366
Shares Outstanding
57,635,224
Dividend Yield
-
PE Ratio
-1.09
Earnings Per Share (EPS)
-0.05
Revenue
236k
Net Profit
-2.65M

About Pennexx Foods Inc (PK)

Sector
Groceries, General Line-whsl
Industry
Groceries, General Line-whsl
Headquarters
Philadelphia, Pennsylvania, USA
Founded
1970
Pennexx Foods Inc (PK) is listed in the Groceries, General Line-whsl sector of the OTCMarkets with ticker PNNX. The last closing price for Pennexx Foods (PK) was $0.05. Over the last year, Pennexx Foods (PK) shares have traded in a share price range of $ 0.0383 to $ 0.075.

Pennexx Foods (PK) currently has 57,635,224 shares outstanding. The market capitalization of Pennexx Foods (PK) is $2.88 million. Pennexx Foods (PK) has a price to earnings ratio (PE ratio) of -1.09.

PNNX Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.00388.444444444440.0450.04880.0453192580.04867502CS
40.00367.964601769910.04520.0517450.0451135890.04785912CS
120.00337.252747252750.04550.05990.045483660.04902948CS
260.00286.086956521740.0460.0620.0383880760.04939748CS
52-0.0212-30.28571428570.070.0750.0383885900.05485717CS
156-0.1912-79.66666666670.240.880.0383625400.1900922CS
2600.044811200.0040.8850.0031976920.17917907CS

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PNNX Discussion

View Posts
Martucciisalwaysscum Martucciisalwaysscum 3 days ago
Nobody knows because Vince never finishes anything.
๐Ÿ‘๏ธ0
46er 46er 3 days ago
I wonder how the app is coming along???
๐Ÿ‘๏ธ0
Martucciisalwaysscum Martucciisalwaysscum 3 days ago
Yes. I agree with your sentiment.

Itโ€™s sad. So much potential.
๐Ÿ‘๏ธ0
46er 46er 3 days ago
Personally, I will be shocked if there is revenue.
๐Ÿ‘๏ธ0
Craig305 Craig305 4 days ago
We have the Q1 financials due by mid May at the latest.
If there are no revenues on it, then Vince's word means absolutely nothing and he cannot be trusted with anything he says anymore.
He said sales was strong in January in a Tweet.
👍️ 1
Itchy palm Itchy palm 4 days ago
Good afternoon Vincent whatโ€™s going on ? Anything coming up?
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 weeks ago
Vince is nothing more than a figurehead around here. The real problems are the ones running this company from behind the scenes, they seem pretty clueless when it comes to running a pubic company since they do everything opposite of what a public company is supposed to do. They should of just went private. I would say a lot of investors here are only hanging around because the SS is still intact. It's sure not from what they've accomplished in 5 yrs.

GLTA
Ferro
๐Ÿ‘๏ธ0
Craig305 Craig305 2 weeks ago
I can certainly relate to your frustration.
Vince has made many statements that have not come to fruition.
At least there is a 1 Million share Bid at .045.
Let's see how long that remains before someone else dumps on it.
๐Ÿ‘๏ธ0
Itchy palm Itchy palm 2 weeks ago
Ainโ€™t that the truth
๐Ÿ‘๏ธ0
Modifiedracer Modifiedracer 2 weeks ago
guys, i reread the reports the other night, it looks like the ralstons invested initially and were added to the investor 5 percent list, sure not looking good for insiders at this point, vince told me himself that we are selling rights to this software/app..... if we dont show any sales this quarter, im out.... i can only take so much lying, considering the world right now, we all know lying is the new trend, IM BEING CONSERVATIVE WITH THAT STATEMENT, THE WHOLE DAMN SYSTEM IS RIGGED AGAINST THE SMALL GUY......
👍️ 1
Craig305 Craig305 2 weeks ago
Shell Risk badge has been added to PNNX profile on OTC Markets.
What say you PNNX?
Is Q1 going to prove OTC Markets wrong in adding that badge?
๐Ÿ‘๏ธ0
Ferro546 Ferro546 4 weeks ago
Right... and another year older. Maybe one day.

GLTA
Ferro
๐Ÿ‘๏ธ0
46er 46er 4 weeks ago
One thing I have learned holding this stock... There is always hope for next year. Lol
๐Ÿ‘๏ธ0
Ferro546 Ferro546 4 weeks ago
Hey 2.00 is more than 1.00 maybe that's his interpretation of strong sales lol.

GLTA
Ferro
๐Ÿ‘๏ธ0
Craig305 Craig305 4 weeks ago
Very expensive toilet paper at the moment.
Vince tweeted that sales is strong in January.
Better see some revenue in Q1 ER!!!!
We'll know Vince's interpretation of strong in 1 1/2 months.
๐Ÿ‘๏ธ0
Ferro546 Ferro546 4 weeks ago
Well, it looks like the Ralston's and the rest of the insiders hold a lot of worthless paper at this point. Maybe at some point they'll realize they're a publicly traded company and start to relay information to their shareholder's on where the company stands today. But I guess you've had to done something to be able to do that.
The Ralston's have to feel pretty good about all the paper they hold here with Pennexx.

GLTA
Ferro
๐Ÿ‘๏ธ0
Craig305 Craig305 4 weeks ago
10K released.
Just as expected....no revenue from the new business model.
Now we sit in the dark until Q1 release.
๐Ÿ‘๏ธ0
Ferro546 Ferro546 1 month ago
Come on Vince now's your chance to get a good pump in when the Annual drops on April Fool's Day on Monday. Lol

GLTA
Ferro
👍️ 1
Ferro546 Ferro546 2 months ago
Now if they could only deliver some stellar news finally to go along with the best thing going around here to date, the SS.

GLTA
Ferro

https://www.otcmarkets.com/stock/PNNX/security
๐Ÿ‘๏ธ0
46er 46er 2 months ago
Nice to see some chatter on this board. Maybe someday it will be full of us " high fiving" each other. Lol
👍️ 1
Ferro546 Ferro546 2 months ago
The potential and the SS is what keeps most investors around IMO.

GLTA
Ferro
👍️ 1
Ferro546 Ferro546 2 months ago
Some would think that Vince has a problem with telling the truth with shareholders. Pretty sad he's the guy in the leadership role around here. It's time for the money around here to wake up and figure out he's not the right guy for the position obviously.

GLTA
Ferro
๐Ÿ‘๏ธ0
Modifiedracer Modifiedracer 2 months ago
I have talked to the โ€œcyberโ€ people last year some time, the guy I talked to told me that he worked for the NSA, which told me they are the real deal, I was under the assumption that we had a security issue with the App, Iโ€™m also assuming that this is the hold up, Vince told me they were going back and forth with this issue, with the Apple people, he actually mentioned 21 times it has been back and forth trying to mitigate the issueโ€ฆ.. not sure where we are as of yet, itโ€™s just getting tiresome waiting with no information. Hold and hope I guess?! Not a good strategy, Smdh
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
It's just that easy when you have real IT people involved, unfortunately we don't employ them around here, thus we continue to wait.

GLTA
Ferro
๐Ÿ‘๏ธ0
Modifiedracer Modifiedracer 2 months ago
i have called and talked to these people in the past, i was wondering if we are still using their services and what the outcome was.... anyone know?https://www.cyberteamus.com/
๐Ÿ‘๏ธ0
Modifiedracer Modifiedracer 2 months ago
https://forums.developer.apple.com/forums/thread/72157
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
Agreed. Maybe someday.

GLTA
Ferro
๐Ÿ‘๏ธ0
Craig305 Craig305 2 months ago
Interesting. Great observation.
So we have to assume they have really tried.
Just wish they would communicate as to the reasons of the hangup.
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
Vince, do your shareholder's a favor and shoot us a tweet and let us know how the zip code franchises are coming along. It's been a while. TIA

GLTA
Ferro
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
We may get a little insight with the audited annual report due out by March 31.

GLTA
Ferro
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
Anthony Linder Cacomanolis PLLC
Attorney
Sponsor Approval Date: 12/28/2015
OTCQX and OTCQB Companies Sponsored: 11
625 N Flagler Drive,
Suite 600
West Palm Beach, FL 33401
United States
Laura Anthony
561-514-0936
lanthony@anthonypllc.com

https://www.otcmarkets.com/corporate-services/sponsors

Good to have other companies under their belt @ the QB & QX level, experience helps to get the job done. The QB will equal more transparency and a little more company worth.

GLTA
Ferro
👍️ 1
Ferro546 Ferro546 2 months ago
So, you say there's a chance. Looks like they at least have a sponsor in place which they have to have for a QB uplisting, that actually has sponsored other up listings. that's a good start.

GLTA
Ferro

Securities Counsel
Anthony Linder Cacomanolis PLLC OTCQX Sponsor & OTCQB Sponsor.
625 N Flagler Drive,

Suite 600

West Palm Beach, FL 33401

https://www.otcmarkets.com/stock/PNNX/profile
👍️ 1
Ferro546 Ferro546 2 months ago
My guess is that they have filed for the QB uplist but have run into issues with the original owner's of the shell somewhere along the line, and until that issue is cleared up the QB uplist will be delayed. The earlier days with Pinnacle to Pennexx Foods and Homel and WH holding's are a little murky, and I would guess part of the issue with uplist.

GLTA
Ferro

https://www.otcmarkets.com/otcapi/company/financial-report/332604/content
๐Ÿ‘๏ธ0
Craig305 Craig305 2 months ago
It has been 2 years since they said they were initiating the process to uplist.
My inquiries as to what happened to this process have gone unanswered.
They have obviously hit a snag and don't want to divulge the problem. My guess is they have given up and just don't want to admit the failure.
๐Ÿ‘๏ธ0
46er 46er 2 months ago
Yes the Share Structure is a beautiful thing.
๐Ÿ‘๏ธ0
Itchy palm Itchy palm 2 months ago
Wasnโ€™t there talk of OTCQB at one time I wonder if thatโ€™s still in play
๐Ÿ‘๏ธ0
Itchy palm Itchy palm 2 months ago
Still looking good for SS thatโ€™s why I stayed for so long plus the fact he never pumped. Most stocks on OTC would have been pumped multiple times in 3 years. GLTA maybe this year is the start of good things
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
The one positive remaining here to date the SS. Also one sign of life, the Verified Profile was updated this month.

GLTA
Ferro

.https://www.otcmarkets.com/stock/PNNX/security
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
Straight from the horse's mouth, and still waiting...

The Company anticipates a material increase in business operations in the next 12 months. We
believe that our revenue model will mature and operating efficiently in the marketplace. We also have
plans to expand operations once we have the proper infrastructure in place to address all legal and
regulatory oversight once becoming a fully reporting entity. In executing these plans, we expect
profitability in 2024, and a return for our shareholders in the form of stock price increases or payment
of dividends should cash flows be allowed.
GLTA
Ferro

https://www.otcmarkets.com/otcapi/company/financial-report/370725/content
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
At this point I would hate to be the guy funding Vince and the rest's payroll up to this point. I think I would be wanting my money back for overpayment lol. Maybe someday.

GLTA
Ferro
๐Ÿ‘๏ธ0
46er 46er 2 months ago
I wish I had more faith in Vincent's words... Time will tell.
๐Ÿ‘๏ธ0
Craig305 Craig305 2 months ago
Unfortunately I believe we will be sitting in the dark until May. The 10K annual report will be out end of March / beginning of April. Not expecting much in that report.
Vince said revenue was coming in now with the new business model. We should see revenue in Q1 ER to be released in mid May.

At least this is my expectation.
All we can do is speculate since company is not communicating with shareholders.
๐Ÿ‘๏ธ0
46er 46er 2 months ago
Looks like the transparency here, has faded into darkness.
๐Ÿ‘๏ธ0
Ferro546 Ferro546 2 months ago
The auto industry said it best for Pennexx on their mirror's... OBJECT'S APPEAR CLOSER THAN THEY REALLY ARE !!!!

GLTA
Ferro
👍️ 1
Craig305 Craig305 2 months ago
Shell? Don't say shell.....we have operations and revenue supposedly being made.
Will we actually see any revenue in the 10K or will they keep moving the goalposts? LOL
👍️ 1
Ferro546 Ferro546 2 months ago
46er, that's giving them to much credit. The problem here starts at the top and trickles down from there. Hopefully down the road they'll drop something of worth into the shell to allow everyone here to hit the exits.

GLTA
Ferro
๐Ÿ‘๏ธ0
46er 46er 2 months ago
I thought Joe was going to be PNNX's saviour. This just feels like a rudderless ship at this point.
๐Ÿ‘๏ธ0
iamadog iamadog 3 months ago
The major negative is when the CEO says anything and doesnโ€™t follow through with what he stated . I rather him say nothing at all .
👍️ 1
Musky Hunter Musky Hunter 3 months ago
No. Very good one. I get frustrated too
๐Ÿ‘๏ธ0
Musky Hunter Musky Hunter 3 months ago
And I just that so I can already see thereโ€™s multiple errors. Just making a point
๐Ÿ‘๏ธ0

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