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GEMXX Corporation Posts Positive Annual Revenues and Updates Shareholders on Financial Results
GEMXX Corporation Posts Positive Annual Revenues and Updates Shareholders on Financial Results.
About this update from Gemxx Corp.
[{"type":"text","content":"GEMXX Corporation (OTC: GEMZ) a leader in the Ammolite Gemstone Mine to Market Segment, Posts Positive Revenues and Reflects Highlights & Achievements.GEMXX management is highlighting significant achievements to solidify its strong foundation for the Company moving forward in the coming year. The Company has performed well in the last 12 months and looks forward to this next year.“We are very pleased with our progress and the Company's ability to post strong growth in our net revenues for the past year”. Stated Jay Maull, CEO of GEMXX Corporation. “Our Company continues to build a strong foundation and grow in spite of the challenges at home and around the world; we have a healthy future ahead of us”.The Company is highlighting our recent achievements reflected in this Quarters Financial Statements. Shares issued and outstanding are 96,851,751. The Company’s Account Receivables have increased to $905,109 compared to March 31, 2022, of the same period end date last year which was $360,254. The Total Assets of the Company are 18,778,382. Net Income has increased to $218,471 compared to $76,224 last year. The Company’s long-term debt remains at $0.00.“Significant Strategic Partnerships are being formed that will allow the company to create more awareness of its market position and products it produces and sells around the world” said Jay Maull, CEO “we endeavor to keep our stakeholders and shareholders updated as we hit milestones and sign agreements that will help the company reduce costs and increase revenues through partnerships, expansion, and new complementary product lines”.The company continues to increase shareholder value through the acquisition of materials and assets that support its goal of becoming fully integrated. “GEMXX has made significant strides in the past year to support its strategic growth plan”. Stated Richard Clowater, President. Stay tuned for more announcements soon.ABOUT GEMXX CORPORATIONGEMXX Corporation is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities, and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top quality finished Ammolite and Ammolite jewelry.&...