CEO Wants the Company to Look Good to Creditors...

CEO Wants the Company to Look Good to Creditors...!!!

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On January 24, the Company's Board of Directors approved the retirement of 150,000,000 common shares own by the Company's CEO, Taiwo Aimasiko, effectively reducing the Company's total common shares issued and outstanding by 33.21%.


Common Stock was reduced from 451,640,836 to a total of 301,640,836 O/S

............................FLOAT ~ 251 Mill

http://www.bemaxinc.com/share.php

BMXC

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The company will only work and negotiate financing that we believe we (will) have no negative impact on the company's balance sheet and shareholders


Quote:
We hope we see committed shareholders, just as the company is to shareholders' value... holding and not flipping...


https://twitter.com/Bemax_Inc

Quote:
For full year 2016, Bemax Inc. is increasing its outlook for revenue to a range of $3.5 million to $4.5 million, up from a range of $2.73 million to $3.3 million.

The following statements are based on Bemax's current expectations for the fiscal year 2016. These statements are forward-looking and actual results may differ materially.

Extend sales and distribution channel to the U.S. market through Amazon.
Increase volume of purchase orders by $3.4 million
Negotiate new competitive pricing with existing Bemax private label distributors to increase sales.



http://www.marketwired.com/press-release/bema...188373.htm