GEMXX Corp.
Growth Stage
A Unique Opportunity in Rare Gemstones
Overview
Platform
Dealmaker Securities
Start Date
01/30/2023
Close Date
01/30/2024
Min. Goal
$2,500
Max. Goal
$6,000,000
Min. Investment
$2,500
Security Type
Equity - Common
SEC Filing Type
RegA+
Price Per Share
$0.40
Pre-Money Valuation
$77,299,742
Year Founded
1999
Industry
Industrial Services
Tech Sector
Non-Tech
Location
Las Vegas, Nevada
GEMXX Corp., with a valuation of $77.3 million, is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. It is an exploration company that purchases Ammolite rough gemstones and Ammolite fossils from a source in Alberta, Canada. The business uses the procured Ammolite to make jewelry and decor pieces. GEMXX makes top-quality products and is leading the Ammonite industry in exciting directions. The company is led by an experienced team and reported a 170% year-over-year revenue growth in 2022. The current crowdfunding campaign has a maximum target of $6 million. The campaign proceeds will be used for legal expenses, accounting expenses, website building, brand development, marketing, inventory acquisitions, mining, mineral and land acquisitions, and working capital.
Balance Sheet
|
Cash and Cash Equivalents |
$68,517 |
|
Accounts and Notes Receivable |
$688,480 |
| Total Assets |
$18,068,909 |
|
Accounts Payable & Accrued Liabilities |
$1,100,107 |
|
Total Liabilities |
$1,100,107 |
|
Total Stockholders' Equity |
$16,968,802 |
| Total Liabilities and Equity |
$18,068,909 |
Statement of Comprehensive Income Information
|
Total Revenues |
$730,596 |
|
Costs & Expenses Applicable to Rev |
$223,525 |
| Net Income |
$513,932 |
|
Earnings Per Share - Basic |
$0.01 |
|
Earnings Per Share - Diluted |
$0.00 |
Financials as of: 01/30/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of GEMXX Corp.? Create your account today to claim this raise page.