Pennexx Foods Inc (OTCMKTS:PNNX): Stock On Radar For 2023

Due to the internet and smartphone penetration digital marketing is now the most dominant industry as far as marketing is concerned and it is only going to grow strongly in the coming years. In 2022, the industry grew to a valuation of as much as $67.53 billion and it is expected to grow further.

In such a situation, it could be a good move for investors to consider checking out companies involved in the sector and one of those could be Pennexx Foods Inc (OTCMKTS:PNNX). Despite the name of the company, it currently has diversified interests in the digital marketing space. It is currently involved in prepaid debit cards, social media, target marketing, consumer rewards, and artificial intelligence among others.

In addition to that, Pennexx Foods also offers a platform named Yoursocialoffers.com, which provides merchants with the option of leveraging the massive social media space to add and retain more clients. The web-based platform offers a plethora of services and products which are geared toward helping customers in generating considerable savings.

On the other hand, it should be noted that some of the participants on the platform are some of the more famous names. Some of the participants include Amazon, McDonald’s, Subway, Macy’s, Pizza Hut, Home Depot, Puma, and Taco Bell among others.

The platform is one of the reasons why the company has managed to grow into one of the prime movers in the highly competitive digital marketing industry.

Back in November, the company had come into focus after it announced that it had gone into a licensing and joint marketing deal with iTouchNetwork and iTouchOrlando. The agreement between the parties stipulates that the marketing kiosk advertising program, Spin2Win Technology and digital advertising which belong to iTouchNetwork are going to be integrated with the 4.0 wallet which had been created by Pennexx.