Investor Info
Highlights
- PRMX is one of the only publicly held companies in the online precious metals recycling sector of the precious metals industry. PRMX expects to become a major producer of gold, silver and platinum in the U.S., Canada and Latin America.
- PRMX costs associated in direct marketing to potential consumers in the U.S. are expected to be less than $0.01 cents per customer or household with use of the company’s Volume Contact™ division.
- 47% or 90 tons of the U.S. annual gold consumption is derived from recycling. Recycling of precious metals is a major industry, and growing rapidly.
- Never ending supply of unwanted and/or broken jewelry. Another unavoidable fact: Over the lifetime of an individual consumer, 100% of their precious metal items purchased will be passed to another party or sold.
- 2007: $9.85 billion gold market in the US alone, and growing annually due to high prices of precious metals and economic displacement. $7.88 billion is purposed for making jewelry annually in the U.S...
- Company is a producer of gold, silver and platinum, but without the risks of mining, large capital costs or the attendant environmental and political hazards.
- The Internet brings a new level of procuring new customers; guaranteed web traffic, search engine optimization, banner ads and opt-in email marketing provide new markets on a global scale.
- The ONLY KNOWN interactive Gold buying service on the internet today!
- Highly experienced management team with precious metals, printing and direct mail marketing experience bringing proven track records of a number of successful early-stage development ventures; 35-years’ experience with online and offline direct marketing.
- Over USD $4 billion annualized in the U.S has established recycling as the next medium of mining for years to come.
- Our Refining Partner is one of the most respected in the industry.
Corporate Profile
Precious Metals Market Dynamics
- Gold, silver and platinum are experiencing sustained rising markets and prices because demand is strongly outstripping supply, both nationally and internationally. Gold demand in 2007 outperformed traditional mining by 59%
- Recycling plays a key role in these markets accounting for approx 25% of the global supply of gold each year. In 2007, 30 million ounces of gold came to market worldwide from recycling, an approx. $20 billion marketplace. Silver and platinum also have substantial recycling markets, and are also growing.
- Unlike the relatively short-lived increase in the gold price sustained during the 1970s, this market appears to be fundamentally different based on a large and growing deficit, weakening stock markets, housing recession, global credit crisis, rising inflation nationally and globally, high unemployment, all contributing to a weakening economy.
- Concurrently, gold, silver and platinum are considered scarce and increasingly expensive to mine. Despite a 50% price hike, less gold was produced in 2007 than in 2006, and less again is anticipated in 2008. Mining is highly energy-intensive, capital-intensive, labor intensive, slow, and environmentally hazardous.
- Most recycling of precious metals comes from jewelry (83%), a vast and very basic market globally.
Recycling is ranked the second-largest source of gold, silver and platinum supply. Scrap recovery of gold has risen from 14 million ounces in 1997 to approx. 30 million ounces in 2007. So in just 10 years, this market has more than double in the amount of these metals being refined from recycling. This makes for a powerful market force that, with ease of transaction such as the PRMX business model, and providing higher payouts for the customer, powerful returns exist for the company that promotes this shift.
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Information Statement
Unaudited Financial Statements - December 31, 2008
Unaudited Financial Statements - February 28, 2009 |
