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Galexxy Holdings Inc (OTCMKTS:GXXY) Stock In Focus After Recent News

Ian Leigh , , , ,

Galexxy Holdings Inc (OTCMKTS:GXXY) started the new month off by announcing the appointment of a key new executive. Yesterday, it announced that it appointed a new Chief Marketing and Sales Officer in the form of Dan Gay.

Trading Data

On Thursday, GXXY stock ended flat at $0.0950 with more than 15.17K shares, compared to volume of 14.15K shares. The stock moved within a range of $0.0850 – 0.0950 after opening trade at $0.0940.

In light of the new announcement it may well be a good time for investors to consider taking a closer look at Gay’s credentials as an executive before making your mind up at the appointment. He is a highly successful sales executive with a proven track record of excellence. He has shown his ability to create new markets, forming strategic alliances for sales and bringing about rapid growth in sales revenues in his previous jobs.

In the past, he had worked with companies like MCI Telecom, which grew from a 200 employee company to a 30000 employee one during his sting and at Qwest, which grew into a company worth $60 billion. During his time at MCI, Gay led a team that was responsible for sales in a region spanning 15 states and he led the national sales effort by adding as much as $115 million in the form of new revenues. It could well be a good idea to keep an eye on the Galexxy stock today.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.