Subject: GAXY Adds Technology, Expansion to West Coast, and Revenue with New Acquisition

SCV Client Spotlight
BY READING THIS EMAIL YOU CERTIFY YOU HAVE READ THE DISCLAIMER BELOW AND THE FULL DISCLAIMER PROVIDED THROUGH A LINK AT THE END OF THIS EMAIL. This is a paid advertisement., Inc. is not responsible or held liable for the information in the press releases issued by the companies in these emails. Please always do your own due diligence.
Facebook Twitter YouTube
GAXY Adds Technology, Expansion to West Coast, and Revenue with New Acquisition
Hot Stock to WatchHot Stock to Watch

Company: Galaxy Next Generation, Inc. (OTCQB: GAXY)


Price: 2.09

Change (%): - 0.06 (2.79)

Volume: 12,146
GAXY Chart

Galaxy Next Generation Signs Letter of Intent to Acquire an Innovative Audio Company

Adds Technology, Expansion to West Coast, and Revenue

TOCCOA, GA / ACCESSWIRE / August 8, 2019 / Galaxy Next Generation, Inc. (OTCQB:GAXY) (“Galaxy” or the “Company), a provider of interactive learning technology solutions, today announced the signing of a letter of intent to acquire a west coast based audio company focused on creating innovative products that provide fundamental tools used for building notification systems.

The proposed acquisition is for a combination of cash and stock. The target company generated approximately $4 million in revenue through the twelve month period ending June 30, 2019.

The target’s products and services allow institutions access to intercom, scheduling and notification systems they use every day with improved ease of use. It provides an open architecture solution which allows its products to be used in many existing and new environments. Intercom, PA, Bell and control solutions are easily added and integrated with its first to market open architecture design and current software model. Its products combine elements not normally found together over a common IP network, which minimizes infrastructure requirements and reduces costs by combining systems. This strategy also places it at the forefront of school safety and communication.

Gary LeCroy, Galaxy’s Chief Executive Officer, commented, “We are excited to add innovative audio technology to our product suite, as its something that our end customers, especially in the K-12 market segment have been demanding. This is evident by their strong revenue growth in the first half of 2019. We believe this is the first company to provide an open architecture solution that allows existing components to be used and to look beyond the space of intercom to extend capabilities of the system for other applications. The proposed acquisition also has 4 patents pending and expands our geographical footprint to the west coast. We are looking forward to advancing this transaction to the definitive stage and expect to close by the end of September.”

Continue Reading

SmallCapVoice (SCV) is an electronic publication. Information sources for our profiles include, but are not limited to, online research, member suggestions, magazines, newspapers, analyst suggestions, publicly available material information provided by the profiled company, press releases and similar sources. This communication is not an offer to sell or a recommendation that you buy or sell any security. SCV holds no securities licenses and is not qualified to provide investment advice. We are compensated for these advertisements by the profiled companies. You should not use this newsletter as the sole basis for any investment decision. While all investments involve risk, microcap stocks are among the most risky. Many microcap companies have no proven track record. You should only invest in microcap companies if you can afford to lose your entire investment. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles. These profiles are paid advertisements. Although we have a reasonable belief that the information in each profile is accurate, we cannot guarantee that this information, which originates from third parties, is accurate. We do not have the resources to confirm the accuracy of all information obtained from third parties. It is important for you to verify all information by your own independent research. You are receiving this message because you have agreed to receive emails from You may opt out of our distribution list at any time by clicking on the “unsubscribe” link below. Link to full disclosure about compensation paid to, Inc. by companies featured on our website or in our e-mail communications.

About Penny Stocks