GEX Management Inc. reports developments tied to its management consulting business, including strategy, enterprise consulting, technology consulting, and operational advisory services for public and private companies. Updates have covered managed-service-provider partnerships, Fortune 100 client exposure, private-equity portfolio value creation work, healthcare consulting engagements, and AI-enabled initiatives such as its Enterprise Competency Center and related consulting tools.
Company announcements also include operating and financial results, capital-structure disclosures, governance matters, and strategic roadmap updates as GXXM positions its consulting model around enterprise performance improvement, organizational development, marketing strategy, and operational transformation.
Gex Management Inc (GXXM:OTCPK) signed a 'white label' license with BCII Enterprises Inc, receiving 10 million common shares as compensation. CEO Joseph Frontiere highlighted GXXM’s technology can generate revenue, citing similar recent agreements with Quad M Solutions Inc and Dais Corporation. The company anticipates future deals that could increase its equity positions, currently valued over $10 million. Additionally, GXXM expects to benefit from the trading of nearly 9 million GOATX tokens soon.
GEX Management Inc. (OTC:GXXM) announced a significant update regarding a convertible note purchased by CEO Joseph Frontiere, valued at $160,109.38. The maturity of this note has been extended by one year, while the conversion price has been raised to $.10 per share. This move indicates a strategic decision to bolster investor confidence while providing the CEO with an opportunity to convert the note into equity at a higher price than previously established.
Gex Management (OTC:GXXM) has entered a technology support agreement with Quad M Solutions (OTC:MMMM), aimed at enhancing both companies' profitability. GXXM will receive $5 per employee per month, with a minimum monthly payment of $100,000. The deal emphasizes GXXM's expertise in blockchain and DeFi technology, aiding Quad M's transition to an insurtech and payment technology provider. An equity swap agreement allows GXXM to acquire 10 million shares of MMMM, while MMMM obtains convertible preferred shares into 20 million GXXM shares.
GEX Management Inc. (OTC;PINK:GXXM) is hosting a webinar on October 27, 2021, at 11 AM EST, featuring CEO Joseph Frontiere and CTO Ed Honour. The session aims to provide insights into the company's strategy and technology consulting services for various industries. GEX Management specializes in high-end management consulting solutions, serving both public and private sectors. The company emphasizes transparency with its shareholders through updates and forward-looking statements, acknowledging the inherent uncertainties in business projections.
Dallas, TX., Oct. 07, 2021: GEX Management (GXXM:OTC Pink) announces the launch of CryptoBooks, a suite of tax compliance and accounting products designed for cryptocurrency investors. This addresses issues faced by DeFi traders in reporting gains and losses, as blockchain platforms lack straightforward reporting tools. GEX's offering aims to simplify tax compliance and market analysis, leveraging pricing data from its GOATx platform. The Total Addressable Market for such services is estimated to reach between $3.6 billion and $5.3 billion.
Gex Management Inc. (OTC: GXXM) has entered a significant crypto data marketing agreement with Battlefin, expected to enhance revenues by launching proprietary crypto data products on Battlefin’s Ensemble Marketplace. This collaboration aims to access a broad client base, including hedge funds and family offices. Joseph Frontiere, CEO, expressed excitement regarding the partnership, highlighting it as the first in a series of marketing agreements. Gex Data Labs' advanced technologies will facilitate superior access to cryptocurrency datasets.
Gex Management (GXXM) launched its DeFi Trading, Research, and Portfolio Management tool, GoatX, at the SALT New York 2021 Conference. The event on September 14 showcased GoatX's capabilities for crypto traders to manage portfolios across multiple blockchains while ensuring tax compliance. CEO Edward Honour stated that GoatX positions the company among top crypto data analytics firms. GoatX's launch is viewed as a significant step towards profitability for GXXM.
Gex Management (OTC:GXXM) announced that its subsidiary Gex Data Labs Inc. will launch the GoatX DeFi Platform on September 14, 2021. GoatX aims to facilitate cryptocurrency trading for institutional and serious investors by providing tools for tracking transactions across various exchanges. GDL's proprietary technologies can analyze market trends and new tokens efficiently, catering to rising demand. CEO Joseph Frontiere believes GoatX will enhance GDL's market value and generate significant revenue for GXXM.
GEX Management Inc (GXXM), based in Dallas, focuses on expanding its Enterprise Technology Consulting, especially within the Decentralized Financing (DeFi) sector. The DeFi market has reached a capitalization of $128 billion, presenting significant growth opportunities. GEX is establishing a DeFi Data Lab to provide real-time cryptocurrency data and insights, enhancing decision-making for clients. The company aims to launch the GEX Fund for strategic investments in cryptocurrency, aiming for superior returns and a competitive edge in the evolving DeFi landscape.
GEX Management Inc (OTC Pink: GXXM) announced its 2021 business outlook, highlighting strategic initiatives aimed at enhancing sales growth and profitability. CEO Sri Vanamali noted that the company nearly doubled its year-over-year sales in fiscal 2020 and achieved a 200% revenue increase in Q1 2021 compared to Q1 2020. New initiatives include launching a subsidiary for white-collar staffing, a platform for small businesses to access capital, and expanding its compliance consulting practice. The company is focused on building a robust business model to navigate a complex global environment.