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Trimax Corporation (TMXN)

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Last Post: 7/28/2014 10:23:15 PM - Followers: 48 - Board type: Free - Posts Today: 3




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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#513  Sticky Note PLS READ THE IBOX! INFO UP-TO-DATE funnyG986 07/26/14 11:56:37 AM
#447  Sticky Note TMXN Web SIte Updated Rothman 07/19/14 01:27:48 PM
#519   there was only merger rumor before last run funnyG986 07/28/14 10:23:15 PM
#517   Did this stock get news or a PR Vulcan4 07/28/14 07:39:47 PM
#516   Mad sells after pump and dump. Sad but true WarMachine 07/26/14 08:18:03 PM
#515   You hear tiny float mentioned often with stocks, Chief Penny Officer 07/26/14 12:49:48 PM
#514   Amazing DD here. Thank you Badgerland 07/26/14 12:37:24 PM
#513   PLS READ THE IBOX! INFO UP-TO-DATE funnyG986 07/26/14 11:56:37 AM
#512   Latest update from TMXN. weeeeeeeeeeeeeeeeeeee funnyG986 07/26/14 11:49:44 AM
#511   Thanks for posting that! Auger 07/25/14 04:13:56 PM
#510   progress in TMXN. homepage showing under construction funnyG986 07/25/14 03:47:15 PM
#509   looks great 15/30 baggers in hands... allezlOM 07/25/14 12:42:21 PM
#508   Cant figure out how to post a screen Mike2119 07/25/14 12:34:16 PM
#507   at the very least, tightening the spread should Chief Penny Officer 07/25/14 12:30:54 PM
#506   can you screen shot the email reply so funnyG986 07/25/14 12:19:41 PM
#505   Interesting, I'm still waiting for a reply. STOCK_MOMO 07/25/14 12:15:46 PM
#504   I sent an email asking about a follow Mike2119 07/25/14 12:13:43 PM
#503   Zzzzz need some updates STOCK_MOMO 07/25/14 10:46:58 AM
#502   Bring the news, lets get this show on Auger 07/24/14 05:21:29 PM
#501   Where else can you get a .05 cent Chief Penny Officer 07/24/14 02:47:24 PM
#500   Should have raised my bid STOCK_MOMO 07/24/14 12:43:06 PM
#499   One retailer out 0.04. Shares in stronger hands funnyG986 07/24/14 12:40:56 PM
#498   .0353 x .05 TMXN may have to add here STOCK_MOMO 07/24/14 12:22:59 PM
#497   Love the float $$$ STOCK_MOMO 07/24/14 12:15:54 PM
#496   nothing to worry about. Only 6M float, all funnyG986 07/24/14 12:04:23 PM
#495   Just wish they had everything ready to release STOCK_MOMO 07/24/14 12:02:26 PM
#494   TMXN will be in sleep for a week funnyG986 07/24/14 11:59:21 AM
#493   I agree. Fingers crossed, updates come soon. STOCK_MOMO 07/24/14 11:51:58 AM
#492   that 5/10 b/a is a killer for Chief Penny Officer 07/24/14 11:50:48 AM
#491   someone messing around with L2...trying to scare with Chief Penny Officer 07/24/14 11:49:56 AM
#490   .06 this sucks. Need an update STOCK_MOMO 07/24/14 11:44:29 AM
#489   is today the day..... can't stay on the Chief Penny Officer 07/24/14 09:54:08 AM
#488   FYI one Princess 98 Feet = $ 6.5 Millions allezlOM 07/23/14 03:24:10 PM
#487   look who woke up im setting sail north! Garagebux 07/23/14 03:08:20 PM
#486   Read the recent news. STOCK_MOMO 07/23/14 02:36:10 PM
#485   So What Happened to Mining? Baconmaker 07/23/14 02:17:15 PM
#484   Correct. 1 Yacht will cost as much STOCK_MOMO 07/23/14 01:44:54 PM
#483   market cap is 33 million?? zedsdead 07/23/14 01:40:23 PM
#482   I think TMXN should have had the financials STOCK_MOMO 07/23/14 11:45:23 AM
#481   getting tired of looking at .10/.13/.15. need Chief Penny Officer 07/23/14 10:09:21 AM
#480   agree. TMXN 0.1 break will wake most ppl up funnyG986 07/22/14 10:51:08 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