LOS ANGELES, Aug. 21, 2013 (GLOBE NEWSWIRE) -- PMX Communities Inc. (OTCQB:PMXO) a precious metals incubation company heads down under to Australia with next patent phase.
PMX Gold received notification that the Australian patent application for unattended precious metals distribution has commenced their next reviews in Australia. Gold remains an important Australian commodity, and PMX is also negotiating at the present time relationships with coin stores in major Australian cities to launch their gold dispensing terminals.
"We began discussions in Australia in 2012, and it was only recently that we filed our next patent application. Growing the global footprint has always been pivotal to our organic growth strategy. Australians believe they coined the term 'gold rush' in the 1850's, therefore Aussies need no introduction to bullion gold and the dispensing terminal should be easily accepted in their shopping malls," stated Meris Kott, Managing Director of PMX Gold Bullion Sales Inc.
PMX Gold Bullion Sales Inc. a wholly owned subsidiary of PMX Communities Inc. launched the MGIV gold terminal in Town Center, Boca Raton, in January 2013. It is a specialty gold dispensing machine from which consumers can purchase varying denominations of fine gold bullion bars and coins with a swipe of their global credit and debit cards. Pursuant to the first MGIV machine being placed, PMX hopes for a strong USA presence. Discussions are ongoing regarding the international rollout of further gold terminals in major cities around the globe.
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.
CONTACT: Shareholder Relations: (866) 525-4714, Interactive Business Alliance Maxwell Farrell, email@example.com Company Information: (561) 210-5349, firstname.lastname@example.org http://www.pmxgold.comSource:PMX Communities, Inc.