Business
Bemax Inc. Receives Second Payment for Purchase Order
Bemax Inc. Receives Second Payment for Purchase Order.
About this update from Bemax Inc.
[{"type":"text","content":"\n\n\n\nBemax Inc. Receives Second 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. Receives Second Payment for Purchase Order\nPR Newswire\nATLANTA, Jan. 31, 2018\n\n\n\nATLANTA, Jan. 31, 2018 /PRNewswire/ -- Bemax Inc. (OTCBB: BMXC), a growing global distributor of disposable diapers, is pleased to announce today that it has received the second payment toward the purchase order of January 17, 2018.\n\nBemax receipt of this new payment of $52,000 will make the second tranche of consignment to be shipped to the customer in March, 2018. The new payment further strengthens the company's current revenue level and extend growing customer base with encouraging sales generated so far compared to same period of 2017, and the company is meeting its profit and revenue targets for the current fiscal quarter. \n\nBemax is introducing its brands of private label products to the Indian market as part of efforts to continue to grow sales and expand customer base through access to new distributors' network.\n\n\"This latest development is a testament to the continued success of our marketing strategy. We have received new encouraging interest from customers; we estimate new purchase orders with strong online customer demand in 2018,\" said Taiwo Aimasiko, CEO of Bemax Inc.\n\nBemax is completing work to introduce new private label products to respond to new market trends, demands and sustain current distribution base. \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 su...