Business
New Web Site Launch
New Web Site Launch.
About this update from Umax Group Corp
[{"type":"text","content":"General UpdateOTC Disclosure & News Service LAS VEGAS, NEVADA- (OTC Markets - September 28, 2017) UMAX Group Corp. (Pink Sheets: UMAX) - As UMAX launched its newly updated web site today at www.umaxcorp.com. As stated on the web site, the Company is planning on potentially funding, opening, and several new operating divisions that will include a subsidiary to develop a “Mobile Power on Demand” (“MOPD”) unit. The MOPD would be a sustainable unit powered with solar cells which would also contain disaster relief products such as food, water, tents, and most importantly to provide much needed power in areas that have recently had a disaster such as a hurricane, tornado, etc. It is the Company’s hope that the MOPD can be used by first responders in disaster situations to establish a base of operation for first aid, food stations, solar and battery power as well as survival tools, charging ports for cell phone communications, AM Radios etc. The Company plans on opening this division during the first quarter of 2017 and complete the build on the initial prototype of the MPOD sometime thereafter. Ian N. Dixon, President of the Company, stated he has developed a similar type product equivalent to the MOPD several years ago when he was CEO of a Solar Cell company in Las Vegas, Nevada. He further stated that the estimated cost to build the initial prototype will be between $15,000 to $25,000. About UMAX Group Corp. UMAX GROUP CORP. (the UMAX or the Company) is a development-stage company formed to develop and acquire operating companies through partnership agreements. Our primary focus is in the development and expansion of an existing model of partnership with private entities in accessing the capital markets via a public entity. 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 c...