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GEMXX CORPORATION POSTS POSITIVE QUARTERLY RESULTS OF OPERATIONS AND GIVES CORPORATE UPDATE
GEMXX CORPORATION POSTS POSITIVE QUARTERLY RESULTS OF OPERATIONS AND GIVES CORPORATE UPDATE.
About this update from Gemxx Corp.
[{"type":"text","content":"For Release Market OpenFebruary 28, 2023Company News Release GEMXX CORPORATION POSTS POSITIVE QUARTERLY RESULTS OF OPERATIONS AND GIVES CORPORATE UPDATE Las Vegas, NV / OTC PR Newswire / February 28, 2023 / GEMXX Corporation (OTC: GEMZ) $GEMZ; “the Company”), a leader in the Ammolite Gemstone Mine to Market Segment, Posts Positive Quarterly Revenues The Company is highlighting significant achievements solidifying its strong foundation for aggressive growth in the coming year. Shares issued and outstanding are 96,866,845. The Quarter’s Account Receivables have increased to $690,310.00 compared to the same Quarter last year which was $318,390.00. Net Income increased to $182,992.00 compared to $126,360.00 in the previous Quarter. Total Long-Term liabilities have been reduced to $0.00 as compared to $226,759.00 last year. The Total Assets of the Company have increased year over year by $1,226,354 to $18,610,757.00. The Company’s, Form 1-A to raise up to $6,000,000 USD at $0.40 per share pursuant to the Offering Statement is fully qualified https://www.otcmarkets.com/stock/GEMZ/disclosure . Shareholders, investors, institutions and financiers interested in participating in the Regulation A Financing are encouraged to visit https://www.gemxx.com/invest or contact Company officials for more information. “The company continues to build a solid foundation for growth and expansion.” Stated Jay Maull, GEMXX Corporation, CEO. “We continue to focus on growth by working with our strategic partners and customers alike to supply cruise lines, shopping channels and retail stores. This is done with hard-work and determination supplemented by the company’s ability to offer great Ammolite jewelry designs.”ABOUT GEMXX CORPORATION GEMXX Corporation is a publicly traded, mine-to-market gemstone and jewelry producer with global reach that owns mining resources, production facilities, and operating assets. GEMXX controls each stage of its production including gemstone production, jewelry manufacturing and global distribution.GEMXX is a leading producer of top-quality finished Ammolite and Ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the Ammolite industry in new and exciting directions. Our management team is made up of the i...