Alert Price: $0.44
The rise of social media over the past decade has been swift and very rewarding for early investors. Data and garnering user's attention have become a new digital currency. Major social media companies find innovative new ways to benefit from screen time, gather data, use, and sell the information its users provide daily. With so many aspects of our lives shifting online, it makes sense that social media stocks offer attractive investment potential going forward. This is particularly true for companies that are utilizing online advertising and e-commerce to grow their businesses.
We have come across a rapidly growing company in the social media space that deserves your immediate attention. The company is Pennexx Foods Inc. (STOCK: PNNX).
There are plenty of pure-play stock opportunities in this category, like Facebook , Pinterest, and Twitter , but we see the opportunity for even greater returns in this microcap space and especially with Pennexx because it merges Social Media with Online Rewards programs like GroupOn™, Raketun™, Honey™, and many others. Pennexx's product Your Social Offers (YSO) does so through a unique sharing system that is Patent Pending.
Pennexx is the first company to truly monetize word of mouth advertising through social media, and users will be rewarded through its recently approved MasterCard™.
What is exciting about this company is that it already has a developed platform that is working for its users, has commitments for revenue into 2022, and its users are eager for rewards, so they have tremendous commercial value. Adding to this, merchants who use the system are another excellent opportunity for business to business development and direct marketing revenue. Using figures by Forbes, each user would be worth $120 each. With Pennexx's goal of millions of users (a goal we feel is very achievable). This would dramatically increase the company's value to a hundred million dollars, making it commensurate with other companies that have achieved success in the social media, couponing, and rewards space.
We find it very likely that Pennexx is positioned to attract these users and will see a rapid increase in its valuation.
Those interested in a ground floor opportunity in the social media sector should continue to read the report below and add PNNX to their watch list immediately.
YSO hosts 12 ways for merchants to grow their business and is adding new methods all the time. They include Facebook , Twitter , Reddit, Pinterest, WhatsApp, Social Media Influencers, Sharing with the business Reward Members , sharing with YSO's members , charities, website links, QR Codes, and sending offers via email.
Part of Pennexx's rapid growth will be achieved through its relationships with OEM manufactures and the bundling of its App on devices.
Pennexx Foods Inc. 's business strategy is furthering its software and website solutions to grow businesses, generate revenue, and create a social media buzz while rewarding users and cutting the traditionally high cost of advertising, and improving low return rates.
The company is rapidly growing its customer base and has seen Q4 revenues double over Q3.
PNNX is a stock you should immediately add to your watch list.
Pennexx's Major 2020/2021 Accomplishments
Pennexx Has Completed All Necessary Approvals and Agreements to Release its Mastercard™ Your Social Offers Prepaid Debit Card
Pennexx received all legal approvals so that they may launch the Your Social Offers Mastercard™ prepaid debit card.
These prepaid debit cards represent an exciting time for Pennexx as income generated by influencers is directly deposited on the prepaid debit card, making it possible for influencers to monetize their influence and immediately spend those funds.
It is another example of how Pennexx generates revenue as a percentage is earned through the card's activity.
Vincent Risalvato, CEO of Pennexx, says, "We believe that we can create an innovative offering for our Your Social Offer's members . A rewards card that is a leader in the industry. This, coupled with Your Social Offers influencers, could create a viral opportunity for the company to grow."
Pennexx Announced its Smartphone, Tablet, and Laptop App Development Project and in a Press Release Discusses the Associated Benefits of These Applications
This application will generate new and exciting opportunities for the YSO brand because it enhances its availability and functionality of yoursocialoffers.com Your Social Offers (YSO) platform. The software will be pre-installed (preloaded and bundled) on devices to create an immediate value to shareholders and the company's revenues while creating a unique benefit to users who receive these devices.
The App will also connect with the YSO debit card so that users can manage their YSO funds, directly receive rewards, and complete purchases directly.
Vincent Risalvato, CEO of Pennexx, said, "I consider this a major milestone in the company and one that I believe will redefine YSO and Pennexx as a whole. Joining the Apple and Google App Store marketplace will give our consumers and merchants a tremendous tool for growth and savings."
Pennexx Reports Doubled Its Revenue for the Fourth Quarter 2020 and Has Commitments for Revenue for 2021 and 2022
They are in a growth stage and predict seeing an ROE and dividends to their shareholders. This is a significant milestone for a microcap stock like $PNNX, and we believe it is set to happen.
Joe Candito, President of Pennexx, said, "Pennexx has a diverse number of ways they can collect revenue. 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.
Pennexx's Your Social Offers Growing Customer Base
YourSocialOffers (YSO) has Signed Its First National Marketing Agreement
Pennexx signed a business network group run by Mr. LePera. He stated, "Our affiliate network consists of over a million business connections. I have been working with this ingenious new business marketing concept, and YSO's new feature allows me to offer my clients and business partners an innovative path to expand their sales and income."
The concept of growing YSO's customer base through these new venture-partners is one of the many ways for YSO's exponential growth. Using these collaborative marketing partners across the country, the YSO brand can increase its sales force and its customer base much more rapidly than registering merchants one by one.
About Pennexx Foods Inc.
Pennexx is a company within the Software/Internet Industry focused on social media, prepaid debit cards, artificial intelligence, targeted marketing, and consumer rewards.
Their current product, Your Social Offers (YSO), is redefining how easily social media can be leveraged to create growth potential and capitalize on the social media billion-dollar marketplace.
Pennexx's products capitalize on the multibillion-dollar social media market by enabling merchants to use social media to acquire, retain, and grow their customer base.
In-store, YSO users scan a QR code or online they click posts, register, and share that reward with their friends.
YSO will also leverage artificial intelligence to optimize and create targeted marketing campaigns.
Pennexx earns money through subscription fees, per use charges, transactional fees, and contracts with its customers.
YSO has shown a 96% adoption rate among businesses it approaches, making the program a very exciting opportunity for rapid growth.
Pennexx has an experienced group of directors and board members . Their industry experience consists of a wide breadth of industries, including food, franchise, and technology.
Vincent Risalvato - Chief Executive Officer
Mr. Risalvato is a Computer Scientist and entrepreneur. He has created and sold companies worth more than 20 million and products of Mr. Risalvato's design ship internationally.
He has also been accepted by the courts as an expert in the field of computer science, and his testimony has been relied upon to determine the outcome of billion-dollar cases.
Sunny Sweet - Chief Marketing Officer
Ms . Sweet has been successful in creating and marketing businesses for two decades.
Her innovative concepts tap into the desires of customers and create opportunities businesses would otherwise not access. She engages with enthusiasm and attention on every endeavor, and her team can be relied upon to deliver. Her ability to organize, manage, and motivate teams makes her a great leader.
Joe Candito - President
Mr. Candito has a Master's Degree in Management and Supervision from Central Michigan University with an extensive history as a business consultant, entrepreneur, investor, and commercial real estate development. Mr. Candito has over 30 years of experience in technology, marketing, sales, management, retail, consulting, and franchising experience. Mr. Candito has spent 30 years working with the Subway organization. Subway presented Mr. Candito with the President's Award, Subway's highest honor, for his marketing, technology, store development, and research and development. Mr. Candito developed, marketed, and launched the $5.00 Footlong Campaign. He was the first to create, market, and launch Subway's toaster oven, installed worldwide.
They also have an experienced team of advisors in business, security, and technology. Two examples are;
Mr. Caruso has a long history of startup business success and is a recognized industry leader in the fields of cybersecurity, computer forensics, and eDiscovery. He has been featured as a technology expert regarding high profile cases on CNN Headline News, CBS Evening News with Katie Couric, FOX Business's Varney and Company.
Mr. Welch is a Certified Microsoft Systems Expert, was director of IT for a national broadcast television network, and has for nearly 20 years provided managed IT services for hundreds of customers as President and CEO welchandcompany.ne His background in both technology and the operational aspects of many multi-million dollar businesses makes him well suited to help guide Pennexx to success.
There are now 3.484 billion social media users across the globe, which is a 9% increase compared to last year. This equates to 45% of the world's population is on social media. It also means that social media adoption has beaten previous estimates, which suggested that an estimated 2.82 billion would be using social media in 2019. This indicates that brands have the opportunity to reach larger audiences than ever before.
PNNX's Chart Is Showing Several Breakout Signals
We've done our very own chart analysis and see the potential for a big move from here!
Stock on verge of bull-flag breakout
Indicators in trajectory
Targets as per Fibonacci levels
Stock on verge of bull-flag breakout
bounce off mid-point
The Bottom Line
On the surface, social media stocks fundamentally appear poised to perform relatively well amid the novel coronavirus pandemic. With most forms of commerce and business services now shifting online, there has never been a more critical time for companies to be relevant on the internet.
This dynamic bodes well for the broader advertisement front. While we can imagine industries such as roadside billboards not doing so well during the worst of this crisis – and it may have a long road to recovery still – online advertisements are now crucial for success. Of course, this should theoretically translate to significant upside profits for social media stocks like PNNX.
Also, with the quarantines earlier this year, many people felt incredibly isolated. Even if you were lucky enough to work remotely, there's an intangible benefit to physical interactions, whether that's in the office or out in public. Additionally, many milestone events, such as weddings and graduation ceremonies, were either canceled or heavily mitigated. Naturally, social media companies connect people with maximum social distancing.
Sources can be provided upon request as this platform does not allow such clarifications to be used.