NASDAQ: GMEX ยท GMEX ROBOTICS CORPORATION

They panic-pivoted their whole business into AI. We're moving the stock they couldn't.

A company that sold treadmills for eighteen years discovered overnight, in March 2026, that it's actually an "AI-powered robotics" company โ€” press release, rebrand, new ticker, all of it, in one weekend. Two reverse splits and a $2M raise later, it's still one of the lowest market caps on the entire Nasdaq. Around the same time, a CT trader's "hot idea" post โ€” acquire a small Nasdaq company, tokenize the stock, build the on-chain rails around it โ€” went viral. We're not tweeting the idea. We're doing it, on the company that needs it most.

FORMERLY: TREADMILLS NOW: "AI CHASSIS"
Our own illustration โ€” GMEX hasn't released renders we're allowed to use.
$700K
Market cap
2
Reverse splits, 9 weeks
2005
Founded, as a gym-equipment co.

Flip the stock. Buy the company.

They rebranded the whole business. Twice reverse-split the stock. Raised $2M in convertible notes. Hired a Wall Street exec just to get someone with capital to look their way. Nothing worked โ€” zero analysts still cover this stock. Every dollar $GMEX generates does the one thing none of that did: buys real shares, on the open market, until the treasury holds a real, growing stake in the company.

A company this desperate to move its own price is exactly the setup a coordinated community can actually move. They pulled every lever they had. We're the buyers with conviction they were missing.
CT Called It

Someone tweeted the blueprint. This is us building it.

R
Rune โœ“
@RuneCrypto_

"Hot idea: acquire a Nasdaq-listed company, pivot it into blockchain, tokenize the stock, build the on-chain / off-chain infrastructure around it." โ€” paraphrased from a post that pulled 18.7K views and real replies from CT asking "what's the lowest market cap company on Nasdaq, in to chip in."

Sep 2, 2026 ยท went viral across crypto Twitter within hours

Nobody in those replies had actually started. GMEX already had the setup sitting in plain sight โ€” one of the lowest market caps on the Nasdaq, a company visibly desperate for capital and attention. We didn't just like the idea. We're the ones running it.

Filing History

Everything below is a real, dated, public filing.

Pulled straight from SEC 6-Ks and press releases โ€” we didn't have to invent any of this.

2005

Founded as a gym-equipment reseller

Fitell Corporation, Taren Point, Australia โ€” sells home and commercial fitness gear under the Muscle Motion, Rapid Motion, Harison, and FleetX brands.

2023

IPOs on Nasdaq

Raises $15M selling 3,000,000 ordinary shares at $5 each. Ticker: FTEL.

2023 โ€“ 2026

Stock bleeds out

Shares grind down toward penny-stock territory โ€” down roughly 99% year-over-year by early 2026.

Mar 11, 2026

Renamed: Fitell โ†’ GMEX Robotics

Ticker changes FTEL โ†’ GMEX. CEO Sam Lu: "this rebrand is a revolution in our ambition, but an evolution of our expertise." The fitness division stays on as a "hands-on laboratory."

Apr 28, 2026

Reverse split #1 announced

1-for-7 consolidation of Class A shares, 1-for-28 for Class B. Stock was trading at $0.34, market cap ~$770,000.

May 1, 2026

Reverse split #1 takes effect

Outstanding Class A shares cut from ~6.0M to ~858,000. New CUSIP issued. Same ticker.

May 27โ€“28, 2026

"2026 AI Robotics Roadmap" + share capital hike

Management publishes an M&A strategy letter and authorizes a large increase in total issuable share capital.

Jun 5, 2026

Refinances Series C debt into Series D convertible notes

Existing debt restructured into new convertible instruments.

Jun 7โ€“11, 2026

Reverse split #2 approved + $2M PIPE

Board approves a second consolidation (1-for-9) without shareholder vote. Days later, closes a $2M private placement priced at a 20% premium.

Jul 2, 2026

Reverse split #2 takes effect

Second consolidation in nine weeks. New CUSIP again. Par value rises from $0.0896 to $0.8064.

Jun โ€“ Jul 2026

Product blitz

Tool-free vision-sensor mount unveiled, then a new President of U.S. Operations hired to "accelerate North American expansion."

Sep 1, 2026

Market cap: ~$700,000

Still Nasdaq-listed. Still pivoting. We're still watching.

Scale

What $700,000 actually buys you.

Nvidia
$3.44T
Boston Dynamics (est.)
~$1.6B
iRobot
~$210M
2023 IPO raise
$15.0M
All of GMEX, today
$700,000
U.S. median home (approx.)
โ‰ˆ 0.6ร— GMEX
The Mechanism

Fees in. Shares out. Receipts always.

No emissions schedule. No roadmap PDF โ€” we'll leave that part to them.

01

The coin trades

$GMEX launches on Pons via Robinhood Chain โ€” same ticker as the stock, deliberately.

02

Fees accrue

Every swap generates creator fees, same as any other launch.

03

Treasury buys

Fees convert to USD and buy real GMEX shares via a licensed brokerage.

04

Receipts posted

Date, shares, price, proof. If it isn't posted, it didn't happen.

05

Someone notices

A twice-split company gets a new kind of shareholder.

06

Loop

Attention brings volume. Volume brings fees. Fees flip more stock.

The Actual Company

A real, currently-operating business.

NameGMEX Robotics Corp.
FormerlyFitell Corporation
TickerNasdaq: GMEX
RenamedMar 11, 2026
HQTaren Point, NSW, AU
Founded2005
Employees~16
Reverse splits2, in 9 weeks

"We are building a company designed for scale, performance, and sustained value creation. The strengthened equity profile provides greater flexibility for future value-accretive initiatives."

โ€” Sam Lu, CEO, on the second reverse split, June 2026

"This rebrand is a revolution in our ambition, but an evolution of our expertise."

โ€” Sam Lu, CEO, announcing the Fitell โ†’ GMEX rename, March 2026