EPOXY Inc (OTCMKTS:EPXY) has been trading up in recent weeks on light volume since reversing off $0.01 lows. EPXY has a long history of huge moves running from $0.0045 low’s to as high as $0.17 earlier this year.
EPXY is a smart phone app that lets consumers keep track of their Rewards, Gift cards and Digital Punch cards safely on their phone. It lets business’s market in a whole new way. Captioned ”the only gift & loyalty card app built for store owners by store owners” it has a number of cool features which a business can activate on the app.
EPOXY Inc (OTCMKTS:EPXY) free mobile app gives the consumer access to all their Digital Punch cards right on their phone where they are safe and secure and well organized. This is significant; a lot of people, Myself included are disorganized and constantly lose or ruin physical Punch cards.
The latest feature is Gift Cards which lets consumers find the business they want to buy a gift card for, purchase it online and send it to their friends from the comfort of their own home rather than drive to a physical store.
EPOXY has been very successful in partnering with business’s for the app, first locally and then with a fast growing number of national chain services such as Dairy Queen, Empowered Hypnosis Centers, Optic Gallery Family Eye Centers and Carlos and Charlie’s part of ‘Groupo Anderson’ chain of restaurants and many more. Initially focused on Restaurants they have successfully expanded the app into different genres of business.
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According to CEO David Gasparine the plan for 2015 is to increase diversification, targeting more professional services such as Lawyers, Doctors, Technology such as 3D printing shops and mobile phone retailers and of course a full launch into the areas they are currently beta testing in.
The Company doesn’t really put out much news; on January 26 they said they successfully expanded to New York City with the addition of Empowered Hypnosis Centers. Epoxy has also commenced beta testing in Europe.
EPOXY has begun testing in The UAE and Germany due to repeated requests and overwhelming interest from the areas. The Company has also been targeting professional business services such as Optometry, Health and Wellness and Technology firms to add to its ever-growing portfolio of clients.
On August 4 EPXY officially launched in all 20 Las Vegas-area Speedee Mart locations as of August 1, 2015. Spanning Henderson, Las Vegas and North Las Vegas, this deal is an exciting step for the Epoxy Mobile App in terms of expansion and garnering recognition.
CEO Dave Gasparine said “Obtaining this new business was a few months in the making. The hard work and relentlessness of our team is starting to pay off and we plan to continue running with this momentum.”
Speedee Mart is a family owned and operated convenience store chain managed by Wally Emery, CEO. The business takes great pride in providing high quality services and products. The majority of their convenience stores include carwashes and all of the locations have gaming. Speedee Mart also has exclusive rights across the Las Vegas valley for a pay system called PaySite, making them the only chain in southern Nevada to offer these convenient bill payment kiosks.
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Currently trading at a $3.5 million market valuation EPXY has little assets or revenues and rising short term debt that could lead to dilution. But EPXY is an exciting story developing in small caps; The stock has runner in its blood as well as a loyal shareholder base and the Company has developed the Epoxy mobile app that is rapidly expanding. We will be updating on EPXY when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with EPXY.
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Disclosure: we hold no position EPXY either long or short and we have not been compensated for this article.