Nevermind...found my answer on revenues/guidance. This wasnt in my other news feed:
From article below:
"This new purchase order resulting from the long-term supplier agreement filed on November 16, 2015 is the first tranche of purchase order in 2017, with Bethel Imports paying for each consignment before shipment by Bemax. Bemax expects to complete shipment of this order in Q4 2016, which set the company on track to meet its projected revenue for the current fiscal year."
So this was ongoing for awhile it appears and was just finalized since it was included in original projections.
0.0213+0.0024 (+12.70%)
At close: February 3 3:59PM EST
News
Press Releases
Marketwired•5 days ago
Bemax Inc. Receives New Purchase Order for $1.1million Deliveries Starting in February 2017 to Be Completed in May 2017
Bemax Inc. , a growing global distributor of Disposable Baby Diapers, is pleased to announce today that it has received an $1.1milion purchase order for the supply of its private-label Disposable Baby ...
Marketwired•11 days ago
Bemax Inc. Retires 150 Million Common Shares of Company Stock, Reduces Issued and Outstanding Shares
Bemax Inc. , a growing global distributor of Disposable Baby Diapers, is pleased to announce today its CEO, Taiwo Aimasiko, has voluntarily retired 150,000,000 Common Shares of the Company's Stock for ...
Marketwired•23 days ago
Bemax Inc. Reports Second Quarter 2016 Results
Bemax Inc. , a growing global distributor of Disposable Baby Diapers, today reported its financial results for the three months ended November 30, 2016.Revenue for the six months ended November 30, 2016 ...
Marketwired•27 days ago
Bemax Inc. Reduce Convertible Notes by 92%, Prepares to Launch on Amazon
Bemax Inc. is pleased to announced today that 92 percent of the Convertible Notes amount of $302,750 due between October 19, 2016 and December 9 2016, had converted principal and interest due under the ...
War on Marijuana is Ending… Marijuana Stocks Surge
SponsoredAgora Financial
War on Marijuana is Ending… Marijuana Stocks Surge
The marijuana industry is exploding like gangbusters… and a small $50 investment in this tiny company by Feb 1st could turn into an absolute jackpot.
Marketwired•9 months ago
Bemax Inc. Receives New Purchase Order for $710,000
Bemax Inc. announced today that it has received an $710,000 purchase order for the supply of its private-label Disposable Baby Diaper from an existing client, a major distributor of the Disposable Diaper ...
Marketwired•11 months ago
Bemax Inc. Now DWAC/FAST Eligible
Bemax Inc. is pleased to announce today that Depository Trust Corporation has approved its common stock for DWAC/FAST transfer through the Company's Transfer Agent, Securities Transfer Corporation. This ...
Financials
AnnualQuarterly Earnings Revenue
-600K
-500K
-400K
-300K
-200K
-100K
0.0
100K
200K
300K
400K
500K
600K
Thousand $
2014
2015
2016
Company Profile
625 Silver Oak Drive
Dallas, GA 30132
United States
770-401-1809
http://www.bemax.comSector:
Industry:
Full Time Employees: 1
Bemax Inc., a development stage company, engages in the distribution of disposable baby diapers to distributors and wholesalers in Europe and South, East, and West Africa. The company was founded in 2012 and is based Dallas, Georgia.
More about Bemax Inc.
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Bemax Inc. Receives New Purchase Order for $1.1million Deliveries Starting in February 2017 to Be Completed in May 2017
Marketwired MarketwiredJanuary 31, 2017Comment
DALLAS, GA--(Marketwired - January 31, 2017) - Bemax Inc. (BMXC), a growing global distributor of Disposable Baby Diapers, is pleased to announce today that it has received an $1.1milion purchase order for the supply of its private-label Disposable Baby Diaper from an existing client, a major distributor of the Disposable Diaper in the emerging South and East African markets.
This new purchase order resulting from the long-term supplier agreement filed on November 16, 2015 is the first tranche of purchase order in 2017, with Bethel Imports paying for each consignment before shipment by Bemax. Bemax expects to complete shipment of this order in Q4 2016, which set the company on track to meet its projected revenue for the current fiscal year.
"We continue to commit to our growth and marketing strategies in the emerging markets through competitive pricing, quality products, and lower overhead costs," said Taiwo Aimasiko, CEO of Bemax Inc. "This demonstrates commitment to our strategic plan to enhance and sustain shareholders' value and confidence in 2017 and beyond. The size of this purchase order clearly reaffirms the quality of our private-labels and eliminate the need for financing."
From article below:
"This new purchase order resulting from the long-term supplier agreement filed on November 16, 2015 is the first tranche of purchase order in 2017, with Bethel Imports paying for each consignment before shipment by Bemax. Bemax expects to complete shipment of this order in Q4 2016, which set the company on track to meet its projected revenue for the current fiscal year."
So this was ongoing for awhile it appears and was just finalized since it was included in original projections.
0.0213+0.0024 (+12.70%)
At close: February 3 3:59PM EST
News
Press Releases
Marketwired•5 days ago
Bemax Inc. Receives New Purchase Order for $1.1million Deliveries Starting in February 2017 to Be Completed in May 2017
Bemax Inc. , a growing global distributor of Disposable Baby Diapers, is pleased to announce today that it has received an $1.1milion purchase order for the supply of its private-label Disposable Baby ...
Marketwired•11 days ago
Bemax Inc. Retires 150 Million Common Shares of Company Stock, Reduces Issued and Outstanding Shares
Bemax Inc. , a growing global distributor of Disposable Baby Diapers, is pleased to announce today its CEO, Taiwo Aimasiko, has voluntarily retired 150,000,000 Common Shares of the Company's Stock for ...
Marketwired•23 days ago
Bemax Inc. Reports Second Quarter 2016 Results
Bemax Inc. , a growing global distributor of Disposable Baby Diapers, today reported its financial results for the three months ended November 30, 2016.Revenue for the six months ended November 30, 2016 ...
Marketwired•27 days ago
Bemax Inc. Reduce Convertible Notes by 92%, Prepares to Launch on Amazon
Bemax Inc. is pleased to announced today that 92 percent of the Convertible Notes amount of $302,750 due between October 19, 2016 and December 9 2016, had converted principal and interest due under the ...
War on Marijuana is Ending… Marijuana Stocks Surge
SponsoredAgora Financial
War on Marijuana is Ending… Marijuana Stocks Surge
The marijuana industry is exploding like gangbusters… and a small $50 investment in this tiny company by Feb 1st could turn into an absolute jackpot.
Marketwired•9 months ago
Bemax Inc. Receives New Purchase Order for $710,000
Bemax Inc. announced today that it has received an $710,000 purchase order for the supply of its private-label Disposable Baby Diaper from an existing client, a major distributor of the Disposable Diaper ...
Marketwired•11 months ago
Bemax Inc. Now DWAC/FAST Eligible
Bemax Inc. is pleased to announce today that Depository Trust Corporation has approved its common stock for DWAC/FAST transfer through the Company's Transfer Agent, Securities Transfer Corporation. This ...
Financials
AnnualQuarterly Earnings Revenue
-600K
-500K
-400K
-300K
-200K
-100K
0.0
100K
200K
300K
400K
500K
600K
Thousand $
2014
2015
2016
Company Profile
625 Silver Oak Drive
Dallas, GA 30132
United States
770-401-1809
http://www.bemax.comSector:
Industry:
Full Time Employees: 1
Bemax Inc., a development stage company, engages in the distribution of disposable baby diapers to distributors and wholesalers in Europe and South, East, and West Africa. The company was founded in 2012 and is based Dallas, Georgia.
More about Bemax Inc.
Compare Stock Brokers
Data DisclaimerHelpSuggestions
PrivacyAbout Our AdsTerms
Follow Yahoo Finance
Entering a modal
Bemax Inc. Receives New Purchase Order for $1.1million Deliveries Starting in February 2017 to Be Completed in May 2017
Marketwired MarketwiredJanuary 31, 2017Comment
DALLAS, GA--(Marketwired - January 31, 2017) - Bemax Inc. (BMXC), a growing global distributor of Disposable Baby Diapers, is pleased to announce today that it has received an $1.1milion purchase order for the supply of its private-label Disposable Baby Diaper from an existing client, a major distributor of the Disposable Diaper in the emerging South and East African markets.
This new purchase order resulting from the long-term supplier agreement filed on November 16, 2015 is the first tranche of purchase order in 2017, with Bethel Imports paying for each consignment before shipment by Bemax. Bemax expects to complete shipment of this order in Q4 2016, which set the company on track to meet its projected revenue for the current fiscal year.
"We continue to commit to our growth and marketing strategies in the emerging markets through competitive pricing, quality products, and lower overhead costs," said Taiwo Aimasiko, CEO of Bemax Inc. "This demonstrates commitment to our strategic plan to enhance and sustain shareholders' value and confidence in 2017 and beyond. The size of this purchase order clearly reaffirms the quality of our private-labels and eliminate the need for financing."
1
