BMXC up 17% w/news
Bemax Inc. Extend Online Sales Extend sales to other online platforms Shipment to customers starts this week
DALLAS, Ga., April 12, 2017 (GLOBE NEWSWIRE) -- Bemax Inc. (OTCQB:BMXC), a growing global distributor of Disposable Baby Diapers, is pleased to announce that in addition to online sales through Amazon, it has begun sales of its private label disposable diaper on its website, www.bemaxinc.com/webstore. Bemax will extend sales of its private label to other online selling platforms, including Shopify and Amazon UK, to support and extend online sales to other markets outside the U.S. Bemax will continue to source for viable financing to fund inventory, distribution, and marketing as we extend our online sales and manufacturing network to provide opportunities for competitive pricing to our customers.
We shall start shipment of our private label disposable diaper to customers this week. "We have received encouraging orders from customers; we expect strong online customer demand to continue in the coming months as we continue to exceed our estimates at launch. We expect to meet our projected sales targets as we continue to implement our strategic plans to enhance shareholders' value and confidence," said Taiwo Aimasiko, CEO of Bemax Inc. About Bemax Inc.
Bemax Inc. exports and distributes Disposable Baby Diapers from the U.S. to emerging markets in Africa and Europe. We also export our private label brands from manufacturers in Asia and distribute to other growing markets. Bemax focuses on an extensive and far-reaching global network among wholesalers, large discounting retailers and supermarkets as well as entry into the ecommerce arena to reach households directly through subscription orders. We focus on supplying our clients with Disposable Baby Diapers from manufacturers in North America where quality is superior.
Please visit the company website at www.bemaxinc.com.
Safe Harbor Statement This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For information, please contact: Bemax Inc. 625 Silver Oak Drive Dallas, GA 30132
Email: admin@bemaxinc.com Twitter: @Bemax_Inc (MORE TO FOLLOW) Dow Jones Newswires April 12, 2017 09:00 ET (13:00 GMT)
Story ID: 20170412SN009300 Keywords: PERSONAL PRODUCTS, COMPANY NEWS, DOW JONES CONTENT SET SN, PRESS RELEASE WIRES, GRAND CENTRAL ASSET CLASS EQUITIES, MORE NEWS TO FOLLOW, CONSUMER GOODS, GLOBENEWSWIRE, SIGNIFICANT STORY Symbols: BMXC
Bemax Inc. Extend Online Sales Extend sales to other online platforms Shipment to customers starts this week
DALLAS, Ga., April 12, 2017 (GLOBE NEWSWIRE) -- Bemax Inc. (OTCQB:BMXC), a growing global distributor of Disposable Baby Diapers, is pleased to announce that in addition to online sales through Amazon, it has begun sales of its private label disposable diaper on its website, www.bemaxinc.com/webstore. Bemax will extend sales of its private label to other online selling platforms, including Shopify and Amazon UK, to support and extend online sales to other markets outside the U.S. Bemax will continue to source for viable financing to fund inventory, distribution, and marketing as we extend our online sales and manufacturing network to provide opportunities for competitive pricing to our customers.
We shall start shipment of our private label disposable diaper to customers this week. "We have received encouraging orders from customers; we expect strong online customer demand to continue in the coming months as we continue to exceed our estimates at launch. We expect to meet our projected sales targets as we continue to implement our strategic plans to enhance shareholders' value and confidence," said Taiwo Aimasiko, CEO of Bemax Inc. About Bemax Inc.
Bemax Inc. exports and distributes Disposable Baby Diapers from the U.S. to emerging markets in Africa and Europe. We also export our private label brands from manufacturers in Asia and distribute to other growing markets. Bemax focuses on an extensive and far-reaching global network among wholesalers, large discounting retailers and supermarkets as well as entry into the ecommerce arena to reach households directly through subscription orders. We focus on supplying our clients with Disposable Baby Diapers from manufacturers in North America where quality is superior.
Please visit the company website at www.bemaxinc.com.
Safe Harbor Statement This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For information, please contact: Bemax Inc. 625 Silver Oak Drive Dallas, GA 30132
Email: admin@bemaxinc.com Twitter: @Bemax_Inc (MORE TO FOLLOW) Dow Jones Newswires April 12, 2017 09:00 ET (13:00 GMT)
Story ID: 20170412SN009300 Keywords: PERSONAL PRODUCTS, COMPANY NEWS, DOW JONES CONTENT SET SN, PRESS RELEASE WIRES, GRAND CENTRAL ASSET CLASS EQUITIES, MORE NEWS TO FOLLOW, CONSUMER GOODS, GLOBENEWSWIRE, SIGNIFICANT STORY Symbols: BMXC
