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Trimax Corporation (TMXN)

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Last Post: 5/22/2015 10:19:13 AM - Followers: 35 - 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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  • 6M
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Current Price
Bid Ask Day's Range
TMXN News: Quarterly Report (10-q) 04/22/2015 06:18:19 AM
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
#772  Sticky Note love that from tmxn benyam 04/24/15 09:04:59 AM
#780   was mee who was selling took funds to benyam 05/22/15 10:19:13 AM
#779   $TMXN -- This morning, just B4 a long until2017 05/22/15 09:45:07 AM
#778   I dunno until2017 04/30/15 08:56:15 AM
#777   I don't think its a scam. I think Tstorm 04/30/15 08:44:55 AM
#776   What you post is accurate. until2017 04/30/15 04:02:33 AM
#775   Im VERY serious. Are you saying the shell Tstorm 04/29/15 04:57:39 PM
#774   Not sure what you are saying or implying until2017 04/29/15 04:27:06 PM
#773   This shell is up for sale... Im looking Tstorm 04/29/15 03:11:28 PM
#772   love that from tmxn benyam 04/24/15 09:04:59 AM
#771   YUP. ...... Good point . until2017 04/23/15 11:13:54 AM
#770   Stinky pinkies ALWAYS need to issue more shares. waterchaser 04/23/15 10:08:14 AM
#769   Do they need to issue more shares ? until2017 04/23/15 10:02:43 AM
#768   A/S is almost maxed. waterchaser 04/23/15 09:18:02 AM
#767   r/s to txmn don t think so .. benyam 04/23/15 08:20:29 AM
#766   Not necessarily necessary. until2017 04/23/15 02:00:28 AM
#765   R/S imminent. waterchaser 04/22/15 08:05:08 PM
#764   THE Q IS IN until2017 04/22/15 11:38:50 AM
#762   And now they decided to spam. Must integral 04/20/15 07:28:20 PM
#761   Encouraging Perhaps reporting is about to begin ? until2017 04/17/15 08:52:56 AM
#760   company have a new head office in dubai benyam 04/17/15 06:56:39 AM
#759   Yet so dead. No future in TMXN. waterchaser 04/17/15 02:30:31 AM
#758   Sooo thin benyam 04/17/15 12:37:51 AM
#757   It's April 14th and TMXN is still not current. waterchaser 04/14/15 06:19:31 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