LAS VEGAS (PRWEB) November 20, 2018
UMAX Group Corp. (Pink Sheets: UMAX) – UMAX would like to announce that its sole officer, director and controlling shareholder, Ian N. Dixon, has entered into a change of control transaction dated November 19, 2018, whereby controlling interest in the Company will be purchased by Kathryn Gavin, a resident of the State of Massachusetts (the “Change of Control”). Closing on the Change of Control is set to occur on or before December 31, 2018.
In the interim time frame, Mr. Dixon will remain in his current positions with the Company and Ms. Gavin has been named Chief Executive Officer. Ian Dixon, President of UMAX, stated the following…”I have spent the last four years restructuring, stabilizing, and cleaning up the books and records of the Company in an effort to attract the best possible team and project to move the Company forward towards growth and profitability. Upon the official closing of this transaction, we will be in good hands with Ms. Gavin as she transitions to the Company in 2019. Ms. Gavin is currently negotiating several potential acquisitions which will be announced upon execution of the appropriate acquisition agreements.”
About UMAX Group Corp.
UMAX GROUP CORP. (the UMAX or the Company) is a development-stage company that has a current business focus to acquire private operating companies in unique markets through acquisition agreements.
Forward Looking Statement
Certain statements that we make may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as believes, expects, anticipates, intends, plans, estimates, projects, forecasts, and future or conditional verbs such as will, may, could, should, and would, as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report and subsequent Flings, which are available on Otcmarkets.com. We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events or otherwise.
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Source: UMAX Group Corp.
Las Vegas, NV 89128
Ian Dixon, President