CAVE CREEK, Ariz.., July 16, 2013 /PRNewswire/ -- Endexx Corporation (OTC: EDXC) is encouraged by the recent rule adoptions by the Securities and Exchange Commission that facilitates the Jumpstart Our Business Startups (or JOBS) Act. In a news release, http://www.sec.gov/news/press/2013/2013-124.htm, the SEC is redefining the rules that allow small public companies and private companies to raise capital.
Endexx CEO, Todd Davis states, "These new rules are critical for the longevity and re-birth of America's entrepreneurial sector of innovation and business development. For far too long, excessive regulation has hampered new businesses from raising proper capital to execute business plans and create new jobs in America. These new rules allow for healthy capital investments directly into early stage companies, and brings greater accountability to both the issuers/companies and investors willing to take the risk and receive the reward of long term investments in growing markets."
As a diversified company, fostering the growth of multiple technology and service businesses, Endexx looks forward to implementing these new guidelines to grow our independently operating business ventures. Endexx is actively working on all up listing requirements within these new guidelines.
Endexx Corporation is a micro-cap publicly traded company, representing the interest of its shareholders and collaborating with independent software developers, scientists, engineers, and other companies to build businesses that can thrive collectively in the equity markets. Endexx's team recognizes that individually small companies with new technologies have an extremely difficult time sustaining themselves as stand-alone companies. Through our collaborative practices, individual and group skill sets are better utilized to develop technology and grow the business, while centralizing costs and eliminating redundancies.
The Endexx management team and its advisory group each have at minimum 10-50 years of experience in their respective fields. The business professionals associated with the direction of the company all have experience growing businesses, developing and implementing new technologies and running publicly traded corporations.
Endexx Corporation is ultimately structured to provide a platform for entrepreneurs to thrive, offering maximum return on investment through equity ownership in the parent corporation. Each individual is a shareholder and is encouraged and self-driven to be successful and contribute to the overall objective of increasing shareholder value.
Contact Endexx via email to receive corporate news and updates at Endexx@endexx.com
Safe Harbor Statement
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Endexx to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Endexx assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customer to pay for ordered products, and political and economic risks inherent in international trade.
SOURCE Endexx Corporation