$PNNX Discloses a $34.9 Million NOL and Completes
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On October 16th PNNX announced that it had acquired “Your Social Offers” a software/internet company that utilizes artificial intelligence and social media for targeted marketing. This major development had been previously detailed in a company 8K filed on October 7th.
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.