PMX Communities Inc. (OTCQB: PMXO), a precious metals incubation company focused on deploying gold dispensing terminals throughout the U.S. and internationally, recently announced a second gold bullion bar and coin machine that will be deployed shortly to The Galleria of Fort Lauderdale, Florida, complementing its first location at the Town Center Boca Raton mall.
Unlike popular gold mining and production companies, like Kinross Gold Corporation (NYSE: KGC) or New Gold Inc. (AMEX: NGD), the company provides a unique way for investors to access the retail demand side of the industry. Investors can thereby benefit from increasing demand for gold without exposure to volatile movement of the underlying yellow commodity.
PMX Communities Inc. (PMXO), a precious metals incubation company, announces the SECOND gold terminal location for the MGIV. Our gold bullion bar and coin machine will be deployed shortly to The Galleria of Fort Lauderdale, Florida.
“Placing the MGIV at the Town Center, in Boca Raton, Florida marked our first Florida terminal, and we will continue to map a strategic footprint in locations that attract international tourists. We chose Galleria because of its proximity to Port Everglades Terminal and the influx of cruise-liner passengers weekly to the mall, as well as the central location to the famous Florida beaches. We are excited to stand nearby the mall’s fabulous restaurants and sophisticated stores,” stated Meris Kott, Managing Director at 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.
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