PMX Communities, Inc. (OTC Pink: PMXO) is engaged as a precious metals incubation company. Shares of the precious metals trading company are soaring 108%, through afternoon trading on Friday, January 5, 2018. Over the past month, PMX Communities, Inc. has seen average daily volume of 103,761 shares. However, volume of 18.83 million shares or dollar volume of $282,450, has already exchanged hands on the day.
Shares of PMX Communities, Inc. are soaring today, after the company announced it has created the first Bitcoin-For-Gold terminal, which allows precious metal exchanges to now offer solutions for Bitcoin payments. In addition, the company’s new terminal, LXIV BUD BOX, is aimed to be a potential payment solution for the recreational and medical cannabis industries. Management hopes to roll out its BUD BOX terminals to dispensaries, head shops, smoke shops, and more. Here is the full press release detailing of the new terminal:
BOCA RATON, Fla., January 5, 2018 PMX Communities Inc. (OTC:PMXO), a precious metals incubation company was the first to implement Bitcoin solution for gold terminals.
PMX Communities, Inc. is an entrepreneurial company having launched the MGIV gold dispensing terminal in the USA in 2013. The letters “PMX” in our corporate name stand for Precious Metals Exchange and our aim is to facilitate the purchase of investment grade gold via our gold terminals and through our unique line of fine gold products. PMX Communities, Inc. is poised to combine on-demand delivery of our unique line of fine gold, investment grade products with real time pricing, in order to merge gold financial markets and the common man. Our products range from custom 1g to 1oz gold bullion bars and replica coins.
The newest version of the MGIV is the LXIV BUD BOX terminals. One of which we hope will be a hybrid-cannabis model located in medical and recreational dispensaries dispensing products featured in head shops with cannabis infused goods found in the dispensaries; another BUD BOX terminal will feature items such as smoking pipes, papers, screens, aromatherapy products, incense, candles and other eco-friendly items. PMX continues to build newer versions of our gold dispensing machines and expand our product line hoping to bring innovative products to today’s consumer through our unique delivery system of terminals.
Certain statements made by the Company and its management on its behalf in this release and other periodic, oral and written statements, regarding the Company operating performance, events or developments that the Company believes or expects to occur in the future, including those that discuss anticipated financial results, strategies, goals, outlook or other non-historical matters, or which relate to future sales, earnings, expectations, growth of the Company or of the market for its products and services, or general belief in the Company’s expectations of future operating results are “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to risks and uncertainties, including but not limited to product demand, market and customer acceptance, competition, pricing, working capital considerations, and as otherwise discussed in the Company’s SEC filings. Such forward-looking statements are subject to change at any time, and the Company’s actual results may differ materially from anticipated results. The Company undertakes no obligation to update or revise any of such statements to reflect subsequent events or circumstances.