Business
Shareholder Update
Shareholder Update.
About this update from Umax Group Corp
[{"type":"text","content":"Press\nRelease: May 24, 2017\n\nShareholder\nUpdate: \n\nUMAX\nGroup Corp (“UMAX”) has engaged an auditor to prepared the financials for\nfiscal year ended April 30, and 2016 (2-year audit) with the goal off filing a\nForm S-1 Registration Statement (“Form S-1”) with the Securities and Exchange\nCommission (the “SEC”). The goal of the filing of the Form S-1 is to once again\nprovide transparency to the market, but to also become a fully reporting\ncompany. Furthermore, a consulting firm has been hired and paid to prepare the preliminary\ndraft of the Form S-1 which upon completion will be reviewed by our recently\nretained SEC attorney prior to filing. The company is moving forward to\nbecoming fully reporting once again subject to the comments and SEC effectiveness.\nIt is the intention of the company to complete the process within the next 4-6\nmonths hopefully, again subject to comments from the SEC. \n\nThe\nCEO Ian Dixon quotes, “It has been a long road with positive momentum, however,\nwe feel the filing with the SEC will allow us to not only gain added\nshareholder confidence, but will open the door for future capital and new\nprojects. As to the future and new projects, the company is already looking to\nopen its new office in UTAH with the General Contractors Division to do solar and other\ncommercial projects, and the mining division will soon be opening a drilling\nand exploration company. The future looks bright”.\n\n \n\nForward\nLooking Statement\n\nCertain\nstatements that we make may constitute “forward-looking statements” under the\nPrivate Securities Litigation Reform Act of 1995. Forward-looking statements\ninclude information concerning future strategic objectives, business\nprospects, anticipated savings, financial results (including expenses,\nearnings, liquidity, cash flow and capital expenditures), industry or market\nconditions, demand for and pricing of our products, acquisitions and\ndivestitures, anticipated results of litigation and regulatory developments or\ngeneral economic conditions. In addition, words such as “believes,”\n“expects,” “anticipates,” “intends,” “plans,” “estimates,” “projects,”\n“forecasts,” and future or conditional verbs such as “will,” “may,” “could,”\n“should,” and “would,” as well as any other statement that necessarily depends\non future events, are int...