BOCA RATON, Fla., Jan. 27, 2014 (GLOBE NEWSWIRE) -- PMX Communities Inc. (OTCQB:PMXO), a precious metals incubation company clarifies Bitcoin interface solution for precious metals terminals.
Today, PMX decided it was important to elaborate on our entrance into the Bitcoin arena. The PMX terminal was originally manufactured with a technology driven touch screen that has the ability to interface with most Bitcoin solutions already in the marketplace.
"The ability to mainstream an e-wallet into our precious metals terminal, we feel helps commercialize the ability for a consumer to purchase Bitcoins. The concept is similar to selling smaller denomination 24k .9999 bullion bars, making them easily accessible to the common man who wants to invest in gold bullion. Perhaps, we may be considered a disruptive technology company, but we like to believe we are only bringing novel items to the consumer who otherwise may have a limited ability to purchase them," stated Meris Kott, Managing Director of PMX Bullion Sales, Inc.
PMX Gold Bullion Sales, Inc. a wholly owned subsidiary of PMX Communities, Inc. launched the MGIV gold terminal in Town Center, Boca Raton, in January 2013. It is the first US made specialty-dispensing machine from which consumers can purchase varying denominations of fine gold bullion bars and coins with a touch of a screen, and a swipe of their global credit and debit cards. Pursuant to the first MGIV machine being placed, PMX hopes for a strong USA presence. Discussions are ongoing regarding the international rollout of further terminals in major cities around the globe.
Forward-Looking Statements
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.
Shareholder Relations: (866) 525-4714, Interactive Business Alliance, Maxwell Farrell Company Information: (561) 210-5349, http://www.pmxgold.com
