$PNNX Pennexx Acquires "Your Social Offers" a soft
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Posted On: 10/20/2019 7:58:28 PM
$PNNX Pennexx Acquires "Your Social Offers" a software/internet company that utilizes artificial intelligence and social media for targeted marketing.
As set forth in our 8K which was filed on October 7, 2019, Pennexx Foods, Inc. ("PNNX" or "the company"
acquired "Your Social Offers". Vincent Risalvato, who created and sold a company to Paul Allen, the co-founder of Microsoft and has shipped products of his design internationally, is currently the Chief Technology Officer of the company. "Your Social Offers" is a social media smartphone application which enables users to obtain rewards at participating establishments. In addition, the application utilizes user data and artificial intelligence to allow its customers, the retailers, to engage in targeted marketing.
Pennexx is paid via "Your Social Offers" by bringing customers to merchants. The program will commence in a limited number of Subway and Sbarro locations. The company is currently in the process of applying for its first patent on its proprietary technology and will disclose more information regarding the application once patent pending status is achieved.
"We are confident that Your Social Offers will have millions of consumers as well as clients that are well known and established corporations," said Vincent Risalvato. "And we anticipate significant revenues will be generated from our users and merchants."
As set forth in our 8K which was filed on October 7, 2019, Pennexx Foods, Inc. ("PNNX" or "the company"
acquired "Your Social Offers". Vincent Risalvato, who created and sold a company to Paul Allen, the co-founder of Microsoft and has shipped products of his design internationally, is currently the Chief Technology Officer of the company. "Your Social Offers" is a social media smartphone application which enables users to obtain rewards at participating establishments. In addition, the application utilizes user data and artificial intelligence to allow its customers, the retailers, to engage in targeted marketing. Pennexx is paid via "Your Social Offers" by bringing customers to merchants. The program will commence in a limited number of Subway and Sbarro locations. The company is currently in the process of applying for its first patent on its proprietary technology and will disclose more information regarding the application once patent pending status is achieved.
"We are confident that Your Social Offers will have millions of consumers as well as clients that are well known and established corporations," said Vincent Risalvato. "And we anticipate significant revenues will be generated from our users and merchants."
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