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Trimax Corporation (TMXN)

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Last Post: 7/22/2014 5:00:28 PM - Followers: 48 - Board type: Free - Posts Today: 5



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
#447  Sticky Note TMXN Web SIte Updated Rothman 07/19/14 01:27:48 PM
#364  Sticky Note Key factors in today's TMXN news!! MUST READ! funnyG986 07/16/14 09:33:19 PM
#479   So undervalued here THE GOLD STANDARD 07/22/14 05:00:28 PM
#478   If we can move past 10 cents we STOCK_MOMO 07/22/14 11:09:33 AM
#477   relax, ppl will wake up with formal filings funnyG986 07/22/14 10:05:19 AM
#476   well, we beat out yesterdays volume already... nice Chief Penny Officer 07/22/14 10:00:59 AM
#475   well, we beat out yesterdays volume already... nice Chief Penny Officer 07/22/14 10:00:59 AM
#474   I think the insiders are waiting until we STOCK_MOMO 07/21/14 09:00:38 PM
#473   TMXN once filings hit otcmarkets, more ppl will realize. funnyG986 07/21/14 03:40:09 PM
#472   I wish that spread would tighten up. Auger 07/21/14 03:35:46 PM
#471   ihub can't link accesswire news; it sxks funnyG986 07/21/14 03:33:42 PM
#470   ihub can't link accesswire news; it sxks funnyG986 07/21/14 03:33:41 PM
#469   Cheap pr. 10 tickers in one. They need STOCK_MOMO 07/21/14 03:30:29 PM
#468   Like this sound "will follow with a series allezlOM 07/21/14 03:17:41 PM
#467   TMXN A beta web site was showcased. STOCK_MOMO 07/21/14 03:15:38 PM
#466   nice update.... lets see if someone pokes the Chief Penny Officer 07/21/14 02:57:52 PM
#464   hopefully this stays around 8-10 cents so when Chief Penny Officer 07/21/14 12:42:11 PM
#463   911 trade Okaay how much you Rothman 07/21/14 12:16:09 PM
#462   We should update board as per CONFIRMED numbers Rothman 07/21/14 10:47:58 AM
#461   another nice little fact from otc markets that Chief Penny Officer 07/21/14 10:22:53 AM
#459   can take another 2 weeks to see any hazarderk 07/21/14 08:26:59 AM
#458   dlny was not active on Friday,will do a hazarderk 07/21/14 08:09:16 AM
#457   TMXN 96% BUY FROM BARCHART! funnyG986 07/21/14 12:01:15 AM
#456   IMO TMXN is headed to $1 land!! Rothman 07/20/14 05:57:18 PM
#455   yup and I am going to buy more Monday THE GOLD STANDARD 07/20/14 12:41:01 PM
#454   480 shareholders on record (as of yesterday) + Chief Penny Officer 07/19/14 11:42:42 PM
#453   Hey HDOG, what makes ya think DLNY is m0n 07/19/14 10:18:03 PM
#452   It's all coming together, TMXN going to be STOCK_MOMO 07/19/14 08:25:24 PM
#451   Nice confirmation of the awesome float here Chief Penny Officer 07/19/14 05:07:32 PM
#450   Nevada SOS shows 100 authorized Rothman 07/19/14 02:17:56 PM
#448   OTC Markets Update Its Web site as well TMXN Rothman 07/19/14 01:41:12 PM
#447   TMXN Web SIte Updated Rothman 07/19/14 01:27:48 PM
#446   will go down and test 0.05! wait for hazarderk 07/19/14 01:04:03 PM
#444   Great opportunity here if it's done right with STOCK_MOMO 07/18/14 10:50:29 PM
#443   very odd ive been on the bid higher Garagebux 07/18/14 05:45:15 PM
#442   I have 25000 on the bid higher then 35611 07/18/14 04:12:49 PM
#441   People can't wait for an update anymore. Oh STOCK_MOMO 07/18/14 04:04:30 PM
#440   i loaded my boat today. TMXN looking good funnyG986 07/18/14 03:22:53 PM
#439   TMXN 0.076 X 0.1. I think we found funnyG986 07/18/14 01:25:46 PM
#438   Yep and they didn't show it pronew 07/18/14 12:44:41 PM
#437   at least 5000 shares funnyG986 07/18/14 12:36:09 PM
#436   needs to be 10000 or more to Garagebux 07/18/14 12:23:25 PM
#435   nice ~45% swing there, .1275 hit again, thin Chief Penny Officer 07/18/14 12:07:05 PM
#434   just like that .1275 is back up on Chief Penny Officer 07/18/14 11:59:21 AM
#433   I have an order in at .08 and pronew 07/18/14 11:58:36 AM
#432   50k on bids 0.07 TMXN funnyG986 07/18/14 11:56:42 AM
#431   MM's hiding higher bids. Blast off real soon pronew 07/18/14 11:53:14 AM
#430   need some buys here! looks like someone just Chief Penny Officer 07/18/14 11:14:57 AM
#429   TMXN filings on the way! funnyG986 07/18/14 10:35:33 AM
#428   TMXN take out the .12s and will move BCNstocks 07/18/14 10:24:35 AM
#427   hopefully it won't be years funnyG986 07/18/14 10:21:40 AM
#426   IHub is working on getting the press release Badgerland 07/18/14 10:12:10 AM