Pennexx Foods Inc. Begins Name Change to Pennexx Technologies Inc

By: Pennexx Foods Inc
 
CLEARWATER, Fla. - Jan. 7, 2021 - PRLog -- Pennexx Foods Inc. (PNNX) announces it is working toward renaming itself to Pennexx Technologies Inc.

It is felt Pennexx Technologies Inc. is more befitting a technology company able to serve a multitude of industries.  Adding the word "Technology", while eliminating the word "Food" represents our distinction, our identity and our passion as a technology industry.

Pennexx Foods Inc. acquired YourSocialOffers.com (YSO), a rapidly growing social media marketing platform, and has successfully transformed itself into a technology company with ongoing revenue and unmatched technology.

Pennexx's mission statement is; "To empower businesses with unique and affordable solutions, consumers with ubiquitous shopping options, and philanthropic opportunities for all."

The process of renaming the company will include completing the necessary steps to gain approval from regulators, industry watchdogs and the OTC Market. This includes approval from the State of Pennsylvania, FINRA, and the SEC. It is unknown the amount of time that it will take to complete the name change process.

Vincent Risalvato, CEO of Pennexx, said, "The company has an exciting future ahead and while the name doesn't make the company, I feel it is symbolic that we are changing the name and doing so many great things in 2021."

About Pennexx Foods Inc.

About Pennexx Foods Inc. (PNNX). Pennexx, through its wholly-owned subsidiaries, is a holding company within the Software/Internet Industry focused on social media, prepaid debit cards, BitGift™, artificial intelligence, targeted marketing, and consumer rewards.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
Website: https://pennexx.net/

Contact
Vincent Risalvato, CEO
investors@pennexx.net
866-928-6409
End
Source:Pennexx Foods Inc
Email:***@pennexx.net
Tags:PNNX
Industry:Internet
Location:Clearwater - Florida - United States
Subject:Features
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