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UMAX Group Corp.: UMAX GROUP CORP. - Future Business Focus Finalized
The Company now has three wholly-owned subsidiaries which are:
Home Foam Corporation, a Nevada corporation, was acquired by the Company in November 2020 in exchange for 1,000,000 shares of Series B , Preferred Stock ( Home Foam );
Mazuma Transportation Company, a Nevada corporation, was acquired by the Company in January 2021 in exchange for 1,000,000 shares of Series B , Preferred Stock ( Mazuma ); and
Funny Media, LLC, a Nevada limited liability company, was acquired by the Company in May 2021 in exchange for 1,000,000 shares of Series B , Preferred Stock ( Funny Media ).
Mr. Fletcher (President and CEO of the Company), states, We are currently operating three wholly-owned subsidiaries, all of which are currently in the growth stage of their business cycle. Each of the Company s subsidiaries will take significant capital moving forward to achieve cash flow positive operations on a regular basis. When we a
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UMAX GROUP CORP. - Future Business Focus Finalized
July 13, 2021 GMT
LAS VEGAS, NV / ACCESSWIRE / June 12, 2021 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, would like to provide an update on the future direction of the Company and its primary business focus.
The Company now has three wholly-owned subsidiaries which are:
Home Foam Corporation, a Nevada corporation, was acquired by the Company in November 2020 in exchange for 1,000,000 shares of Series ‘B’, Preferred Stock (‘Home Foam’);
Mazuma Transportation Company, a Nevada corporation, was acquired by the Company in January 2021 in exchange for 1,000,000 shares of Series ‘B’, Preferred Stock (‘Mazuma’); and