BOCA RATON, Fla., May 1, 2014 (GLOBE NEWSWIRE) -- PMX Communities Inc. (OTCQB:PMXO) and their subsidiary PMX Gold Bullion Sales Inc., announces completion of their cannabis dispensing terminal.
The PMX cannabis terminal is complete and it is undergoing final testing as the company prepares one of their machines to hopefully be deployed to the western United States. The approval on child resistant exit product packaging should be finalized in the next few weeks. All products that will be purchased from the cannabis terminal will be tested to ensure a first-rate consumer experience at the PMX LXIV Bud Box.
"It is exciting to have a small role in commercializing a new industry and PMX will make certain we are compliant will all state and government laws in every locale in which we place our cannabis terminal. We hope that PMX will become the Gold Standard of Cannabis," stated Meris Kott, of PMX Communities, Inc.
PMX Gold Bullion Sales, Inc. is a precious metals company, having launched the MGIV gold terminal that allows consumers to purchase varying denominations of fine gold bullion bars and coins with a touch of a screen and a swipe of a card.
Certain statements made by the Company and its management on its behalf in this release and other periodic, oral and written statements, regarding the Company operating performance, events or developments that the Company believes or expects to occur in the future, including those that discuss anticipated financial results, strategies, goals, outlook or other non-historical matters, or which relate to future sales, earnings, expectations, growth of the Company or of the market for its products and services, or general belief in the Company's expectations of future operating results are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to risks and uncertainties, including but not limited to product demand, market and customer acceptance, competition, pricing, working capital considerations, and as otherwise discussed in the Company's SEC filings. Such forward-looking statements are subject to change at any time, and the Company's actual results may differ materially from anticipated results. The Company undertakes no obligation to update or revise any of such statements to reflect subsequent events or circumstances.