Galexxy Holdings Inc (OTCMKTS:GXXY) Stock Gains After Shareholder Update

Galexxy Holdings Inc (OTCMKTS:GXXY) is a company that is involved in the health and wellness sector and focused on delivering effective and unique health and wellness products to the markets.

Trading Data

On Wednesday, GXXY stock surged 12.05% to $0.0930 with more than 1.75K shares, compared to volume of 12.75K shares. The stock moved within a range of $0.0790 – 0.0930 after opening trade at $0.0850.

Wellbeing Farms Expands Delta 88 Kiosk to Pennsylvania and Receives First Purchase Order for Chicago Market.

Yesterday, the company, along with its subsidiary unit Wellbeing Farms LLC, provided an update to its shareholders with regard to some of the key milestones that had been achieved in the past months. It could be a good idea to take a look at some of the major highlights. It was announced that Wellbeing Farms was working on the expansion of the distribution of its Smart Vending Kiosks into Pennsylvania through a commercial supply and leasing deal with Delta 88 LLC.

It was back in the first quarter of the year that Delta 88 had launched the expansion campaign in Austin, Texas, and signed up as many as 6 new contracts for the Pennsylvania market. Estimates from Delta 88 suggest that it was planning to install more than 6000 smart kiosks over the course of the coming two years.

Those kiosks could potentially generate revenues to the tune of as much as $5,000,000 a year in wholesale product purchases for the company.