Epoxy, Inc. (OTC Pink: EPXY) is engaged as a mobile developer, which primarily focuses on creating apps that can connect business owners and consumers. Shares of the app developer are soaring 100%, through afternoon trading on Wednesday, March 28, 2018. Over the past month, Epoxy, Inc. has seen average daily volume of 33.32 million shares. However, volume of 297.13 million shares or dollar volume of $59,426, has already exchanged hands on the day.
Shares of Epoxy, Inc. are rallying today after the company released a corporate update. The company announced that it has completed the audit of its financials. Furthermore, management notes that through the first nine months of 2017, the company saw sales growth of 300% as software development costs were slashed by 33%. The company continues to build upon its strong sales growth momentum. Here is the full press release detailing of the corporate updates:
Epoxy, Inc. Press Release:
LAS VEGAS, March 28, 2018 /PRNewswire/ — Epoxy Inc. (OTCPK: EPXY) is pleased to provide shareholders with a corporate update.
Epoxy, Inc. has been working diligently to finalize all outstanding audited financials. This was completed on March 3rd, 2018. During this time, Epoxy experienced growth with both the “Powered by Epoxy” and the core Epoxy App. Sales for the first nine months of 2017 have grown by 300% and software development costs have decreased by almost 1/3.
Epoxy CEO, Dave Gasparine states: “With the current growth and success of “Powered by Epoxy” we are anticipating continued growth for 2018. The past two years have provided an enormous amount of insight. The invaluable knowledge and experience gained has enabled us to excel and grow like never before, continue to operate efficiently, communicate more frequently and to continue to grow and enhance our team.”
Audited financials can be found: https://www.otcmarkets.com/stock/EPXY/disclosure
About Epoxy Inc.:
Epoxy, Inc. is the developer of the Epoxy App, an application or “app” for iPhone iOS and Android operating systems. Epoxy is an innovative smartphone application designed to conveniently connect business owners and consumers in order to ease marketing frustrations. The mobile app gives loyal customers the ability to keep track of virtual loyalty cards and mobile gift cards all in one place while also giving opportunities to review and share businesses with friends. In turn, Epoxy provides businesses the ability to reward customers, share offers, and deliver information about special events right to their smartphones. Epoxy designers are dedicated to providing a superior and easy-to-use product for business owners to reward loyal customers.
This release contains forward-looking statements that reflect Epoxy, Inc., plans and expectations. In this press release and related comments by Company management, words like “expect,” “anticipate,” “estimate,” “goal” and similar expressions are used to identify forward-looking statements, representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any expressed or implied by these forward-looking statements.
