BOCA RATON, Fla., March 27, 2014 (GLOBE NEWSWIRE) -- PMX Gold Bullion Sales, Inc. a subsidiary of PMX Communities, Inc. (OTCQB:PMXO), a precious metals incubation company has signed an agreement with Colorado cannabis consultant iComply, LLC to help implement a strategic plan for the deployment of LXIV Marijuana terminals into Colorado, which is a similar machine to the PMX MGIV Gold terminal.
The LXIV Marijuana terminal will launch pending Colorado state approval and market development. iComply has conquered more marijuana and hemp challenges than most, leading the way for the commercialization of cannabis in Colorado. The team led by Mark Slaugh and Joel Aigner are trailblazing consultants helping clients with compliant operations under Amendment 64 and medical marijuana regulatory regimes.
"It is a tremendous honor for us to be working with iComply. Joel and Mark understand the novelty of the LXIV, and their assistance in launching a compliant terminal to the cannabis market is invaluable. These are key players we needed to complete a strong team who can help us develop our terminals countrywide," stated Meris Kott, Managing Director of PMX Gold Bullion Sales, Inc.
"We are excited at the opportunity presented by the versatility of PMX's dispensing solution. We hope to help PMX deliver value by developing this option for the Colorado commercial cannabis sector." Stated Mark Slaugh, iComply, LLC.
PMX Gold Bullion Sales, Inc. is a precious metals company, having launched the MGIV gold terminal that allows consumers to purchase varying denominations of fine gold bullion bars and coins with a touch of a screen and a swipe of a card.
Forward-Looking Statements
Certain statements made by the Company and its management on its behalf in this release and other periodic, oral and written statements, regarding the Company operating performance, events or developments that the Company believes or expects to occur in the future, including those that discuss anticipated financial results, strategies, goals, outlook or other non-historical matters, or which relate to future sales, earnings, expectations, growth of the Company or of the market for its products and services, or general belief in the Company's expectations of future operating results are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to risks and uncertainties, including but not limited to product demand, market and customer acceptance, competition, pricing, working capital considerations, and as otherwise discussed in the Company's SEC filings. Such forward-looking statements are subject to change at any time, and the Company's actual results may differ materially from anticipated results. The Company undertakes no obligation to update or revise any of such statements to reflect subsequent events or circumstances.