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
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LAS VEGAS, Feb. 1, 2021 /PRNewswire/ UMAX Group Corp. (the Company or UMAX - Pink Sheets Alternative Reporting Pink: UMAX) – UMAX and its wholly-owned subsidiary, Home Foam Corporation, would like to announce the acquisition of a Las Vegas, Nevada based trucking company, Mazuma Transportation Company.
Mr. Fletcher (President and CEO of the Company), states… We are pleased to announce the acquisition of Mazuma Transportation Company based in Las Vegas, Nevada. Mazuma Transportation will be the second fully owned and operational subsidiary of UMAX. Similar to the acquisition of Home Foam in November of 2020, we negotiated the acquisition through the use of our Series B Preferred Stock so that the current common stock shareholders would not experience any immediate dilution of their shares of Common Stock. Additionally, similar to the Home Foam acquisition, there is contractual rider which states that the Series B Preferred Stock t
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LAS VEGAS, Jan. 19, 2021 /PRNewswire/ UMAX Group Corp. (the Company or UMAX - Pink Sheets Alternative Reporting Pink: UMAX) – UMAX and its wholly-owned subsidiary, Home Foam Corporation, would like to provide a follow up on the current status of corporate governance announcements released over the past couple months.
Mr. Fletcher (President and CEO of the Company), states… UMAX is committed to providing the public material business updates on a regular basis. These announcements will also provide updates on previously announced events that have not been fully completed. While we do have some material events to announce in the coming weeks and months related to revenue events for Home Foam along with potential acquisitions for UMAX, we felt this week we would provide this general update on items still outstanding. We feel that providing the public with regular information updates is the key to becoming a fully transparent issuer for o
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LAS VEGAS, Jan. 8, 2021 /PRNewswire/ UMAX Group Corp. (Pink Sheets Alternative Reporting Pink: UMAX) – UMAX and its wholly-owned subsidiary, Home Foam Corporation, would like to announce it is moving to a new facility. The facility is almost twice the size of its current operational footprint. The move is anticipated during the first quarter of calendar year 2021.
Mr. Fletcher (President and CEO of the Company), states… Home Foam initially moved into its current 12,500 square foot facility off Pecos and Cheyenne, in the industrial corridor of the Las Vegas Valley, during the last quarter of 2019. Home Foam expected this facility would meet its operational needs for several years. It became evident in the middle of 2020, less than nine months into since its formation, that Home Foam would need a much larger facility to meet the growing needs of its current client base as well as potential new client contracts that are being negotiated