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Thursday, October 21, 2021

Galaxy Next Generation Inc (OTCMKTS: GAXY) Heats Up

Galaxy Next Generation Inc (OTCMKTS: GAXY) is making a highly explosive move up the charts quickly attracting legions of shareholders and emerging as a volume leader in small caps regularly topping US $4 million in daily dollar volume.

Its easy to get excited about GAXY here; the Company is marketing Cov-Shield, a clear plexi-glass barrier for personalized workspace for the U.S. education and business markets. GAXY has also been paying off convertible notes, is fully reporting OTCQB and recently announced record revenues of $1,837,354 for the 9 months ended March 31, 2020.

Galaxy Next Generation Inc (OTCMKTS: GAXY) is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy’s products include Galaxy’s own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. Galaxy’s distribution channel consists of 22+ resellers across the U.S. who primarily sell the Company’s products within the commercial and educational market. Galaxy does not control where resellers focus their resell efforts, although generally, the K-12 education market is the largest customer base for Galaxy products – comprising nearly 90% of Galaxy’s sales.

In March the Company said its classroom technology solutions are installed in school districts across the U.S. that are now providing remote virtual learning to students while the schools are closed due to safety precautions from the coronavirus outbreak. Galaxy’s software is cloud-based and integrated with its interactive panel solution giving students the ability to access lesson plans from anywhere via an internet connection. The software also allows for students to view live lessons during a session from their teacher.

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GAXY

GAXY is already doing significant sales reporting $1,837,354 in revenues for the 9 months ended March 31, 2020. Last month the Company announced an approximate $100,000 contract award to install a new Bell and Intercom system. The install is expected to be completed this summer for Stansberry Elementary school in Thompson, Colorado.

On June 25 GAXY announced the availability of Cov-Shield, a clear plexi-glass barrier for personalized workspace for the U.S. education and business markets. An existing Galaxy partner has given the Company the right to distribute Cov-Shield in the U.S. The plexi-glass shield product, manufactured overseas, is ideal to help maintain distance and keep personal workspace safe. Galaxy is currently taking pre-orders with deliveries starting in August. Cov-Shield is available in a variety of sizes from 22-inch to 72-inch and is easy to set up, easy to move and easy to clean.

Gary LeCroy, Galaxy’s Chief Executive Officer, commented, “With the CDC guidelines in-place and schools trying to figure out how to go back to school and still follow the guidelines, this product is necessary. We also believe Cov-Shield will be in-demand for the business market as companies, small and large, look to re-enter their offices toward the end of 2020 and early-2021. In fact, we have already pre-sold to a restaurant group. We look forward to rolling-out Cov-Shield and helping make the classroom, office and restaurant a safer and cleaner environment.”

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Currently running up the charts GAXY is an exciting story developing in small caps; Galaxy’s products include Galaxy’s own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. The Company also recnetly announced a $100,000 contract award to install a new Bell and Intercom system for Stansberry Elementary school in Thompson, Colorado. GAXY is marketing Cov-Shield, a clear plexi-glass barrier for personalized workspace for the U.S. education and business markets. GAXY has also been paying off convertible notes, is fully reporting OTCQB and recently announced record revenues of $1,837,354 for the 9 months ended March 31, 2020. GAXY currently has massive momentum, liquidity and a fast growing shareholder base bidding the stock higher. We will be updating on GAXY when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GAXY.

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Disclosure: we hold no position in GAXY either long or short and we have not been compensated for this article.

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