LAS VEGAS, Nov. 20, 2018 /PRNewswire-PRWeb/ -- 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.
New web site under construction
Source: UMAX Group Corp.
Las Vegas, NV 89128
Investor Contact
Ian Dixon, President
(702) 628-0211
SOURCE UMAX Group Corp