$UMAX .38 on alert! Mr. Fletcher further stated…

$UMAX .38 on alert! Mr. Fletcher further stated…"The Mazuma Transportation acquisition is a great transaction for UMAX in that it adds over $1,300,000 to our balance sheet in hard assets with debt of less than $200,000. This acquisition follows our business plan of acquiring operational business that have both significant assets and revenue, are in an industry that we feel has significant opportunities to generate significant profit on an ongoing basis and has cross uses with other operational subsidiaries that UMAX will eventually acquire. In passing, we plan on the possibility of retrofitting several of our older cement mixer trucks to become dump trucks due to the extreme demand for the dump truck type vehicles."