BOCA RATON, Fla., Feb. 11, 2014 (GLOBE NEWSWIRE) -- PMX Communities Inc. (OTCQB:PMXO), a precious metals incubation company announces the diversification of their product line of dispensing machines with the introduction of the LXIV Marijuana terminal.
The LXIV will be similar in appearance to our precious metals terminal successfully tested in Florida 2013. PMX expects the first machine to be located in Colorado. The security features and touch screen technology will remain similar. The terminal will vend single products packaged in plastic opaque child resistant bags compliant with the new Colorado Marijuana Rules. The internal software will have the ability to monitor the products inventory remotely and record daily sales. The terminal reader will not accept credit cards or cash, but it will dispense with a swipe of a prepaid magnetic striped card. These loyalty cards will be sold in the Marijuana dispensary store, and can only be used in their programmed terminal.
"Making certain we adhere to the regulations detailed in the cannabis retail legislation and staying updated to any code changes will be our first priority. Commercializing a new product can be a difficult task, and we will conservatively and professionally launch the LXIV terminal in the same manner we did our first precious metals machine. We are hoping this new venture becomes a revenue stream for PMX," stated Lindsey R. Perry, JR, CEO of PMX Communities, Inc.
PMX Gold Bullion Sales, Inc. a wholly owned subsidiary of PMX Communities, Inc., launched the MGIV gold terminal in Town Center, Boca Raton in January 2013. The MGIV gold terminal is the first US made specialty-dispensing machine that allows consumers to purchase varying denominations of fine gold bullion bars and coins with a touch of a screen and a swipe of their global credit and debit cards.
Forward-Looking Statements
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