Ferro546
2月前
OTC Disclosure & News Service
Pennexx Foods, Inc. ($PNNX) Announces Strategic Transformation to Software-as-a-Service Company, Reports Growing Recurring Revenue in Q1 2026
Press Release
OTC Disclosure & News Service | 03/30/2026
Philadelphia, PA — March 30, 2026 — Pennexx Foods, Inc. (OTC: PNNX) today announced a significant strategic transformation, marking 2025 as the year the company formally evolved from its legacy YSO Your Social Offers couponing platform into a diversified Software-as-a-Service (SaaS) provider. This shift is already showing measurable results, with committed and collected monthly recurring revenue reaching approximately $9,500 in the first quarter of 2026.
A Pivotal Shift in Strategy
In 2025, Pennexx made a decision to broaden its technology offerings beyond digital couponing, investing in the development and commercialization of a growing portfolio of SaaS products. New client commitments began generating monthly revenue in December 2025, and that momentum has continued to build into 2026.
While the company acknowledges that current revenue remains in its early stages relative to overall expenditures, management believes this transition establishes a clear and scalable path toward operational growth — driven by multiple products, recurring revenue streams, and an expanding client base.
Vincent Risalvato, CEO of Pennexx, stated: "2025 marked a pivotal transformation for Pennexx. We made the decision to evolve beyond our legacy couponing platform into a broader Software-as-a-Service company. While still early, the growth in recurring revenue we've seen in the first quarter of 2026 validates that this transition is working and provides a clear path toward sustainable, scalable growth."
New Website Launched: www.pnnx.tech
As part of this transformation, Pennexx has launched a new corporate website at www.pnnx.tech, offering the public a glimpse at some of the company's product portfolio, some currently generating revenue and some still under development. The site features product descriptions, screenshots, and videos showcasing those offerings.
Annual Report Filed & OTC Markets Profile Updated
Pennexx has filed its Annual Report for fiscal year 2025, formally confirming its reported revenues. The company has also submitted an updated company profile to OTC Markets, which will be published upon approval. The updated profile details the company's evolution into a broad-based SaaS provider, highlights its facilities — including its datacenter and AI technology infrastructure — and presents a portfolio of 20 products across multiple categories.
The Portfolio of 20 SaaS Products
Pennexx's growing product lineup spans AI-powered development tools, team collaboration platforms, digital marketing solutions, file management utilities, and consumer savings applications. The company's current product portfolio includes:
Developer & AI Tools
TestDeck.ai — AI-powered web application test automation
CodeQunity — Unified platform for testing, analytics, and performance insights, integrated with GitHub pipelines
SourceScan.ai — AI-driven code analysis for vulnerability detection, quality assessment, and remediation
RepoScan.ai — Executive-facing tool for monitoring and understanding development progress in GitHub
Collaboration & Productivity
Connexus Team — Team collaboration and workflow platform designed for chambers of commerce, clubs, and businesses
FileMaster.io — Secure cloud file storage and sharing
FileBeamr — Fast, secure, easy-to-install file transfer tool
PasteZip — Browser-based tool for moving text and files between computers — no account required
PowerForm.ai — AI form builder for data capture and workflow automation
AI-Powered Engagement
Contact Genie AI — AI-driven customer communication and engagement tool
Hosbotality — AI-powered hospitality engagement and service platform
Yobos — Custom AI chatbot builder for businesses — no coding required
Digital Marketing & Couponing
YSO Coupon Site — Platform for distributing digital promotions
Merchant Dashboard — Central hub for merchants' digital marketing activity
YSO Savings App — Mobile app for deals, rewards, and promotions
Savings Buddy — Savings platform with deals and incentives
Coupons Near Me — Location-based deals and savings app
Savings Hero — Rewards platform for driving engagement and purchases
iTouch App — Mobile app for offers linked to iTouch Kiosks
White-Label Expansion Underway
Pennexx is currently launching new and updated versions of its digital marketing products, including white-label offerings targeted at established marketing companies. This strategy is designed to accelerate revenue growth by partnering with companies that already have direct client relationships — reducing the company's reliance on selling directly to individual businesses and enabling faster market penetration at scale.
This approach benefits both Pennexx and its marketing partners: the company gains broader distribution and recurring B2B revenue, while marketing clients gain access to innovative, ready-to-deploy digital tools to enhance their own service offerings.
For more information, visit: www.pennexx.net
Contact: info @Vinny Wont Go Away
Ticker: $PNNX – OTC Markets
https://www.otcmarkets.com/stock/PNNX/news/Pennexx-Foods-Inc-PNNX-Announces-Strategic-Transformation-to-Software-as-a-Service-Company-Reports-Growing-Recurring-Rev?id=515721
Craig305
3月前
The Annual report has been released.
Some notes:
- No dilution of shares have occurred. Share structure has not changed for a few years now.
- The Business Operations Summary has changed completely (see below).
- There is a new website that shows some of these changes: https://pnnx.tech/
- Revenues of $5K now appearing. Is PNNX finally going to start making money with the expanded services?
Pennexx has enhanced its offerings to include Software-as-a-Service (SaaS) business models and expanded its focus beyond the coupon, marketing, and financial sectors to address a broader range of industries. The Company offers a portfolio of cloud-based software applications at various stages of development, including alpha, beta, and production, some of which currently generate recurring revenue. Its products are designed to support business operations, customer engagement, data management, and digital marketing, including solutions that leverage artificial intelligence to analyze
consumer behavior and deliver targeted promotions and incentives. A website with a subset of these products has been launched at https://pnnx.tech. Through its wholly owned subsidiary, Your Social Offers LLC, the Company continues to operate within the software and internet sector, maintaining a focus on digital couponing while continuing development of prepaid card-linked incentive programs and additional consumer engagement platforms. Pennexx has integrated artificial intelligence across its operations, including software development, marketing, and internal processes, and has established proprietary AI hardware infrastructure utilizing NVIDIA™ technology within its Florida-based data center. The Company also leverages technologies and services from established third-party AI providers, including Anthropic™ and OpenAI™, to support more advanced deployments. Existing platform technologies have been enhanced and adapted to support a broader range of applications, including customizable dashboards and analytics tools.
The Company offers a suite of cloud-based software and digital platforms designed to support business operations, software development, customer engagement, and data management. Its principal products include subscription-based applications that provide automated testing and quality assurance, code analysis and security monitoring, and workflow automation tools that enhance productivity and operational efficiency. The Company also provides solutions for customer relationship management, digital communication, and data capture, enabling businesses to manage interactions, streamline processes, and leverage analytics for decision-making. In addition, its offerings include secure file sharing, storage, and collaboration tools, as well as platforms that facilitate digital marketing, customer acquisition, and incentive-based engagement. These products are delivered primarily through scalable, cloud-based environments and are intended to serve a broad range of commercial users seeking integrated technology solutions.
Ferro546
5月前
Here you go Vince, don't say your shareholders aren't looking out for you, now that YSO went down in flames and everything else you brought to the table around here. Possibly you can come up with a new cart return app while you're on the job.
Cart Attendant
Walmart • Clearwater, FL •
6 days ago
Part-time
Health insurance
Dental insurance
Paid time off
Job highlights
Identified by Google from the original job post
Qualifications
Requires a positive attitude in all weather conditions!
Benefits
$14 - $27 per/hour
Additional compensation includes annual or quarterly performance incentives
Additional compensation in the form of premiums may be paid in amounts ranging from $0.35 per hour to $3.00 per hour in specific circumstances
14 more items(s)
Responsibilities
Cart Attendants ensure customers have a great first and last impression of our stores
They gather carts from the parking lot, operate equipment to move carts from the parking lot to inside the store, and maintain sanitation and cleanliness of the shopping carts
I'm sure the Ralston's will allow you to make payments out of your checks back to them for all the money they invested in you around here for all these yrs. Lol
Ralston's do all your shareholder's a favor around here.
NEW YEAR = NEW CEO
GLTA
Ferro