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MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Quarterly Financial Report, Provides Corporate Update

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, is reporting positive revenues for the quarter and providing an update on significant company achievements for the quarter. Highlights of the report include shares issued and outstanding totaling 96,866,845 with the quarter’s account receivables reaching $690,310, up from $318,390 in the same quarter last year. Net Income reached $182,992.00 compared to $126,360 in the previous quarter with total long-term liabilities being reported as zero, down from $226,759 last year. GEMXX total assets came in at total assets totaled $18,610,757, up from $1,226,354. “The company continues to build a solid foundation for growth and expansion,” said GEMXX CEO Jay Maull in the press release. “We continue to focus on growth by working with our strategic partners and customers alike to supply cruise lines, shopping channels and retail stores. This is done with hard work and determination supplemented by the company’s ability to offer great Ammolite jewelry designs.”

To view the full press release, visit https://ibn.fm/HUWYn

About GEMXX Corporation

GEMXX Corporation 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 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 this company, please visit www.GEMXX.com.

NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsWire
Los Angeles, California
www.miningnewswire.com
310.299.1717 Office
Editor@MiningNewsWire.com

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