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Trimax Corporation (TMXN)

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Moderator: No Moderator benyam, until2017
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Last Post: 3/30/2015 2:25:34 PM - Followers: 36 - 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 onwww.trimaxcorporate.com (investor site and TMXN site) and www.trimaxyachts.com (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 bit.ly/1mhBvpN 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: Annual Report (10-k) 03/30/2015 01:33:13 PM
TMXN News: Annual Report (10-k) 03/30/2015 01:30:58 PM
TMXN News: Annual Report (10-k) 03/30/2015 01:28:20 PM
TMXN News: Annual Report (10-k) 03/30/2015 01:27:03 PM
TMXN News: Annual Report (10-k) 03/30/2015 01:22:18 PM
News News Alert: Annual Report (10-k) 03/30/2015 01:33:13 PM
#625  Sticky Note MAKING THIS A STICKY until2017 10/14/14 05:34:27 PM
#756   tommorrow will bee current... ::)) benyam 03/30/15 02:25:34 PM
#755   news! Garagebux 03/30/15 02:23:46 PM
#754   100 million outstanding seems..:) benyam 03/30/15 02:21:56 PM
#753   tmxn has 64,564,000 shares of common stock benyam 03/30/15 02:21:21 PM
#752   new office tmxn benyam 03/30/15 12:34:59 PM
#748   Yep, love the BS. waterchaser 03/19/15 12:02:52 AM
#747   More to come love it benyam 03/18/15 11:53:42 PM
#746   On the road again -- long day until2017 03/18/15 10:12:54 PM
#745   news 8k Garagebux 03/18/15 03:21:35 PM
#743   There are silent longs until2017 03/10/15 12:04:02 PM
#742   tmxn not even started yet upwaad brummm benyam 03/10/15 09:37:26 AM
#741   There is zero short interest in TMXN. waterchaser 03/10/15 09:35:24 AM
#740   must bee dangerous shorting float like txmn carefully benyam 03/10/15 09:33:59 AM
#739   I don't believe a word they say. History waterchaser 03/10/15 09:26:55 AM
#738   somebody have buying shares 2 weeks and probably benyam 03/10/15 09:26:36 AM
#737   from mmg support benyam 03/10/15 09:21:25 AM
#736   I believe we are getting close to some edesheim 03/10/15 09:14:10 AM
#735   Fillings will bee out probably this week from benyam 03/10/15 08:55:33 AM
#734   cannot log in to corporate website update will benyam 03/09/15 11:35:51 AM
#733   News will bee fact better to jumping in benyam 03/08/15 08:28:11 AM
#732   Usually txmn is heavily shorted benyam 03/05/15 09:11:45 PM
#731   Must bee somebody outside from ihub who buying benyam 03/05/15 09:10:37 PM
#730   $TMXN ——— The bid/ask is rising and until2017 03/05/15 11:46:10 AM
#729   Somebody want shares real badly pr soon. I benyam 03/05/15 11:37:07 AM
#727   Every day volume so far.... Cannot looking benyam 03/03/15 08:56:22 AM
#726   I don't prefer to use candlestick charts until2017 02/27/15 11:31:59 AM
#725   Glass half empty view, all red. Glass half full, BruinOtwo 02/27/15 11:26:15 AM
#724   You mean red candles ? until2017 02/27/15 11:24:38 AM
#723   All I know is I'm seeing a bunch waterchaser 02/27/15 11:17:23 AM
#722   SOMEONE BOUGHT EVERY SHARE THAT WAS "SOLD" until2017 02/27/15 11:13:38 AM
#721   100% sells thus far. Bad start to a PnD. waterchaser 02/27/15 10:58:28 AM
#720   No kidding! Came out of nowhere too! BruinOtwo 02/27/15 10:34:01 AM
#719   Wow strong bid and serious buyer. Good sign benyam 02/27/15 10:26:28 AM
#718   Soon train will go soo thin as 8k benyam 02/26/15 01:15:42 PM
#717   Thanks until2017 02/14/15 09:40:11 AM
#716   ouch :::))) benyam 02/14/15 04:26:49 AM
#715   TMXN OTCMarkets Stop Sign Pink No Information: waterchaser 02/14/15 02:49:58 AM
#714   message from mmg support benyam 02/13/15 09:26:53 PM
#713   dd. nr.2 benyam 02/06/15 09:51:46 PM
#712   I've been thinking the same thing about Savenne, BruinOtwo 02/06/15 01:43:04 PM
#711   my dd ,, might bee something common between benyam 02/06/15 11:21:43 AM
#710   The Aug 1st PR called "TMXN the sleeping Auger 02/03/15 04:22:35 PM
#709   i ll mean sip was to sell .. benyam 01/28/15 09:59:27 AM
#708   other mmg shell play was too on mergernetwork benyam 01/28/15 09:57:52 AM
#707   Good post thanks ! until2017 01/28/15 09:54:45 AM
#706   25 january from mmg: benyam 01/28/15 09:52:10 AM
#705   update from 7 january so old info probably benyam 01/28/15 09:48:33 AM
#704   TMXN - Shell for sale 95k Big Blue Ocean 01/28/15 09:01:21 AM
#703   What's the A/S here? 500,000,000 per: http://www.otcmarkets.com/stock/tmxn/pro BruinOtwo 01/22/15 04:33:21 PM
#702   It was fun watching TMXN run up to BruinOtwo 01/15/15 06:26:53 PM