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Bemax Inc. Announces Receipt of First Payment for Purchase Order
Bemax Inc. Announces Receipt of First Payment for Purchase Order.
About this update from Bemax Inc.
[{"type":"text","content":"\n\n\n\nBemax Inc. Announces Receipt of First Payment for Purchase Order\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBemax Inc. Announces Receipt of First Payment for Purchase Order\nPR Newswire\nATLANTA, Jan. 24, 2018\n\n\n\nATLANTA, Jan. 24, 2018 /PRNewswire/ -- Bemax Inc. (OTCBB: BMXC), a growing global distributor of disposable diapers, is pleased to announce that it has received the first payment toward the $620,000 purchase order, effective as of January 17, 2018.\n\nThe receipt of $50,100 three days earlier than scheduled constitute payment for the first tranche of consignment to be shipped to the customer and further set the company on track to meet its estimated revenue target for the current fiscal quarter. Bemax will receive payment for each tranche of consignment before shipment to the customer. \n\n\"We are extremely pleased with this development and the continued interest for our private label product of disposable diapers as the company's overall operations, competitive posture and solid foundation for profitable growth are all stronger than ever before,\" stated Taiwo Aimasiko, CEO of Bemax.  \n\nAbout Bemax Inc.\n\nBemax Inc. exports and distributes Disposable Baby Diapers from the U.S. to emerging markets in Africa and Europe. We also export our private label brands from manufacturers in Asia and distribute to other growing markets. Bemax focuses on an extensive and far-reaching global network among wholesalers, large discounting retailers and supermarkets as well as entry into the ecommerce arena to reach households directly through subscription orders. We focus to supply our clients with disposable baby diapers from manufacturers in North America where quality is superior. Please visit the company website at www.bemaxinc.com.\n\nSafe Harbor Statement\n\nThis press release contains forward-looking statements that can be identified by terminology such as \"believes,\" \"expects,\" \"potential,\" \"plans,\" \"suggests,\" \"may,\" \"should,\" \"could,\" \"intends,\" or similar expression...