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Trimax Corporation (TMXN)

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Last Post: 6/13/2016 1:38:17 PM - Followers: 30 - Board type: Free - Posts Today: 0




Trimax Corp. (TMXN) Restructured General Business Update  on 07/16/2014 

07/16/2014 [ACCESSWIRE]

Toronto, ON / ACCESSWIRE / July 16, 2014 / Trimax management is pleased to provide this general business update on the activities of TMXN. The untimely death of our Secretary David Soloman caused us to take a time out and reorganize and re think the TMXN strategy moving forward.

The following changes are taking place at TMXN and work on all of these aforementioned points is well under way and some near completion.

- Updated financials are being compiled and will be filed shortly which by all accounts should upgrade TMXN stop rank to current.

- New website and corporate domain. The new web site will be launched shortly (investor site and TMXN site) and (TMXN operating subsidiary)

- TMXN has secured sufficient resources to execute this business plan

- TMXN has successfully negotiated with a China manufacturer to assemble luxury yachts under the Trimax brand and an exclusive distribution rights for USA Europe and Canada.

- Logistical issues are currently being finalized with a sales and support call centre in Eastern Europe and a technical and IT support in India

- New management will be appointed (CEO CFO COO) to spearhead USA and European sales. TMXN is in negotiations with a Spanish based CEO with over 30 years in marine industry. Also a CFO with over 25 years in watercraft experience and a boating dealership owner / operator is being considered as the COO. Michael Arnkvarn will remain with the Company in a capacity of manager Canadian operations.

- TMXN management has secured a Spain location (Near Valencia) as the EU representative office and is in talks with a Florida and a New York consultant / sales agent to represent the USA presence.

- Michael serves as a CEO with Sipp Industries, Inc. and has extensive knowledge and contacts in mass distribution networks and will be instrumental in the launch of the TMXN product lines and Canadian operations.

In summary these are exclusive luxury yachts being assembled in China by a manufacturer with over 300 employees and a $30 million dollar facility. Trimax Yachts will be offered in the USA CANADA and EU marketplace under the brand name Trimax Yachts. TMXN plans to offer 30 to 100 foot yachts under following brand names

1. 30 Compass
2. 40 Nautical
3. 50 Navigator
4. 70 Explorer
5. 100 Sea Princess

See for work in progress. This web site is under construction but should provide our followers with a good overview of our current and future plans.

TMXN management has made an executive decision not to conduct any sort of a reverse split on the current share structure, as it is confidant the market will realize the value of TMXN and reflect its valuation more accurately as Trimax Yachts unveils its plans further and the roll out commences.

More details will follow via SEC filings and OTC Markets update

The management will release news on timely basis as new developments crystalize.

Current share structure from OTCMARKETS

Share Structure
Market Value1 $25,524,892 a/o Jul 18, 2014
Shares Outstanding 335,853,840 a/o Feb 12, 2009
Float 5,853,840 a/o Feb 09, 2009
Authorized Shares 500,000,000 a/o Mar 08, 2011
Par Value 0.001

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Current Price
Bid Ask Day's Range
TMXN News: Termination of Registration of a Class of Security Under Section 12(g) (15-12g) 03/03/2016 11:51:22 AM
#830   MMG, sorry. waterchaser 06/13/16 01:38:17 PM
#829   who is mimg? IPO$ 06/13/16 01:37:12 PM
#828   MiMG will figure out a way to steal waterchaser 04/15/16 10:54:21 PM
#827   This company is an ugly mess. Luckily I Spanky 03/05/16 01:27:21 PM
#826   No way to spin it until2017 03/03/16 12:08:03 PM
#825   This ain't good. No was to spin it waterchaser 03/03/16 12:02:39 PM
#824   Still waiting for the next MMG scam. waterchaser 02/21/16 12:15:03 PM
#822   I wonder what the trigger will be for the until2017 07/15/15 01:43:41 PM
#821   I have lots of shares. until2017 07/15/15 01:07:20 PM
#820   Looks like they updated the 3D yacht renderings Auger 07/15/15 12:32:40 PM
#819   The website was updated with timeshare info. Auger 07/15/15 12:31:29 PM
#818   None of that will happen IMO. Best to waterchaser 07/13/15 10:10:17 PM
#817   I'll take whatever I can get ! until2017 07/13/15 09:39:41 PM
#816   When will MMG try to pump TMXN again? waterchaser 07/13/15 08:56:00 PM
#815   Figured you could use the company! Good luck Auger 06/26/15 12:45:21 PM
#814   I've been thinking that daily. until2017 06/26/15 12:43:25 PM
#813   I hope to see this move weirdly on Auger 06/26/15 12:19:44 PM
#812   $TMXN Nice buy at the opening bell until2017 06/26/15 09:49:06 AM
#811   $TMXN WHO DOES THIS ? ? ? ? until2017 06/25/15 03:30:23 PM
#810   $TMXN OUT OF THE GATE until2017 06/25/15 10:17:36 AM
#809   $TMXN More numbers games from the MMs -- this until2017 06/23/15 09:37:02 AM
#808   $TMXN The meshugganah playing number games continues with his until2017 06/22/15 05:48:41 PM
#807   $TMXN Seven Up ! ! ! ! ! until2017 06/19/15 12:27:59 PM
#806   I just received spam from this scam too. integral 06/19/15 11:46:02 AM
#805   Thanks ! until2017 06/18/15 10:53:06 PM
#804   No need to wait that long. Amievil 06/18/15 04:45:41 PM
#803   Time is the arbiter here until2017 06/18/15 02:11:08 PM
#802   If u keep holding, soon enuf you'll be Amievil 06/18/15 01:58:22 PM
#801   I am quite green already until2017 06/18/15 12:11:48 PM
#800   $TMXN Slow march until2017 06/18/15 12:00:58 PM
#799   $TMXN Continues breakout until2017 06/18/15 10:41:27 AM
#798   OK I accept that at face value. ........ Y until2017 06/17/15 08:32:48 PM
#797   My DD goes back several years. waterchaser 06/17/15 08:29:44 PM
#796   My DD in the past 9 months or until2017 06/17/15 08:24:50 PM
#795   MMG creative writing team at work again? waterchaser 06/17/15 07:10:53 PM
#794   Received spam e-mail from the company today. Amievil 06/17/15 07:05:49 PM
#793   100% correct. until2017 06/17/15 05:49:11 PM
#792   $TMXN Volume expands, price reaches . ...... until2017 06/17/15 05:33:16 PM
#791   But TMXN is ready to rocket to the moon! waterchaser 06/17/15 04:49:01 PM
#790   good luck for everyone i m out .... benyam 06/17/15 04:02:22 PM
#789   Gearing for a dump I think FloatCleaver 06/17/15 12:41:33 PM
#788   I certainly think so. until2017 06/17/15 12:06:16 PM
#787   Looks like this could be a big winner soon pumpnass 06/17/15 11:57:35 AM
#786   $TMXN Buy side fun until2017 06/17/15 09:50:59 AM
#785   $TMXN What's with the silly ONEs ? ? ? until2017 06/16/15 04:39:54 PM
#784   $TMXN WHAT's WITH ALL of THE SEVENs ? ? until2017 06/15/15 11:00:57 AM
#783   no still have small position have unload to benyam 06/13/15 02:28:09 AM
#782   Are you still LONG and STRONG TMXN ? until2017 06/12/15 10:23:00 PM
#781   $TMXN LOOK AT THE ONE YEAR TMXN CHART . until2017 06/12/15 03:53:56 PM
#780   was mee who was selling took funds to benyam 05/22/15 10:19:13 AM