GEMXX (OTC: GEMZ), the only publicly traded ammolite company in the world, today announced its positive, quarterly financial achievements, signifying the company’s strong foundational performance for aggressive growth in the coming year. Among the highlights, the company reported that the number of GEMXX issued and outstanding shares stands at 96,851,751 and an increase in account receivables to $1,003,942. “We have made considerable strides in the past year and continue to post positive net revenues,” said GEMXX CEO Jay Maull. “We have also reduced our total long-term liabilities to $0.00, which is a remarkable achievement. One that tangibly reinforces our ambitious commitment to building strategic partnerships, the pursuit of smart growth and expansion plans, introduction of new complementary product lines, and our focus on increasing shareholder value.”
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About GEMXX Corporation
GEMXX is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach that owns mining resources, production facilities and operating assets. GEMXX controls each stage of its production including gold mining, gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top-quality finished ammolite and ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the Ammolite industry in new and exciting directions. The company’s management team is made up of the industry’s leading experts with a combined total of 160 years of ammolite gemstone and jewelry business experience. For more information about the company, visit www.GEMXX.com.
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