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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
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LAS VEGAS, Dec. 28, 2020 /PRNewswire/ UMAX Group Corp. (Pink Sheets (Alternative Reporting Pink: UMAX) – UMAX would like to announce the planned engagement of a PCAOB Auditor to prepare audited financial statements for the Company and a subsequent application for listing on the OTCQB.
Mr. Fletcher (President and CEO of the Company), states… We would like to announce that UMAX has begun the interview process with intent of signing an engagement letter with a PCAOB qualified auditor during the first several weeks of 2021 in an effort to complete audited financial statements for our last fiscal year ended March 31, 2020. UMAX is completing this significant corporate action with the intent to file for listing on the OTCQB with OTC Markets, Inc. We feel that this financial transparency will fit well with our planned growth through acquisitions in calendar year 2021.
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LAS VEGAS, Dec. 21, 2020 /PRNewswire/ UMAX Group Corp. (Pink Sheets (Alternative Reporting Pink: UMAX) – UMAX releases a review of important events in the past year as well as an overview of business plans for calendar year 2021.
Mr. Fletcher (President and CEO of the Company), states… The calendar year 2020 has brought positive changes to the company and laid the foundation for the upcoming year. Since taking control of UMAX during the first quarter of this year I have been focused on taking the necessary actions to get UMAX current with OTC Markets and also taking the necessary actions to make changes in the capital structure necessary to make UMAX attractive to both market investors and potential acquisition targets. These corporate actions culminated with our first acquisition in the fourth quarter of this year with the acquired of Home Foam Corporation in November of 2020.