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Wednesday, June 29, 2022

The Exciting Rise of Beyond Commerce, Inc. (OTCMKTS: BYOC)

Beyond Commerce, Inc. (OTCMKTS: BYOC) is making an explosive move up the charts in recent weeks quickly attracting legions of shareholders and emerging as a volume leader in small caps regularly trading several millions $USD in daily dollar volume.

Its easy to get excited about BYOC; the Company is doing big business since its recent acquisitions of Service 800 and PathUX and according to its website counts the likes of 3M, Toshiba, Lenovo, Siemens, Thermo Fisher Scientific, Medtronic, Xerox, and Hobart as customers. Sales are increasing rapidly with $5 million reported for fiscal 2019 as well as $1.4 mm for Q1, 2020 a 216% increase from the same period in 2019.

Beyond Commerce, Inc. (OTCMKTS: BYOC) is focused on business combinations of “big data” companies in global B2B internet marketing analytics, technologies and services. The Company’s objective is to develop and deploy disruptive strategic software technology that will build on organic growth potential and to exploit cross-selling opportunities. Beyond Commerce plans to offer a cohesive global digital product and services platform to provide clients with a single point of contact for their big data, marketing and related sales initiatives.

The Company has quickly expanded with the the acquisition of Service 800, which closed on March 4, 2019 and the acquisition of PathUX, which closed on May 31, 2019.  According to its website, some of BYOC Customers: 3M, Toshiba, Lenovo, Siemens, Thermo Fisher Scientific, Medtronic, Xerox, and Hobart.

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BYOC

BYOC is doing big sales reporting revenue for the year ended December 31, 2019 was $5.0 million, compared to $0 for the year ended December 31, 2018. The increase in revenue relates to the acquisition of Service 800, which closed on March 4, 2019 and the acquisition of PathUX, which closed on May 31, 2019.

Sales are increasing rapidly; for Q1 ended March 31, 2020 revenue was $1,467,457, an increase of $1,003,543, or 216%, compared to $463,914 for the three months ended March 31, 2019.

CEO Geordan Pursglove stated “2019 was an extremely active and positive year for our Company, having successfully closed and integrated our acquisitions of Service 800 and PathUX, commented, Geordan Pursglove, Beyond Commerce’s Chief Executive Officer. While we are pleased to have reached $5 million in top-line revenue and significantly reduced our shareholders’ deficit, we have a lot more in our sights and planned for 2020 and beyond. Our January 2020 acquisition of Customer Centered Strategies, L.L.C., a Minneapolis-based firm specializing in helping businesses grow their revenue through improved customer experience, demonstrates our ability to identify and acquire additional tuck-in acquisitions that are complementary and accretive to Service 800.”

On July 8 BYOC announced the appointment of Mr. Henry Gurley to its Board of Directors. Mr. Gurley combines over 30 years of experience in capital markets and corporate finance. In 2016, Mr. Gurley joined Boustead Securities, an investment banking firm that provides global capital markets services to top tier, high growth companies, where he currently serves as a managing director. In 2012, prior to joining Boustead. Mr. Gurley co-founded BuzBux, Inc, a real-time marketing network that allows small and medium-sized businesses to deliver customized mobile coupon offers to their customers’ cell phones. From 2005 to 2012, Mr. Gurley was a Senior Vice President and branch manager at Newport Coast Securities, a full-service broker dealer in New York, where he was primarily involved in investment banking, sales trading and served on the firm’s investment banking committee. Mr. Gurley is a graduate of the University of Virginia, McIntire School of Commerce and holds a Bachelor of Science degree in finance.

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Currently running up the charts BYOC is an exciting story developing in small caps; the stock is gaining traction and the Company is doing big business since its recent acquisitions of Service 800 and PathUX and according to its website counts the likes of 3M, Toshiba, Lenovo, Siemens, Thermo Fisher Scientific, Medtronic, Xerox, and Hobart as customers. Sales are increasing rapidly with $5 million reported for fiscal 2019 as well as $1.4 mm for Q1, 2020 a 216% increase from the same period in 2019. BYOC has quickly attracted legions of shareholders and emerging as a volume leader in small caps regularly trading several millions $USD in daily dollar volume. We will be updating on BYOC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BYOC.

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

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