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Follow on Google News | Pennexx Foods Inc. Begins Name Change to Pennexx Technologies IncBy: Pennexx Foods Inc It is felt Pennexx Technologies Inc. is more befitting a technology company able to serve a multitude of industries. Adding the word "Technology" 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," Website: https://pennexx.net/ End
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