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Trimax Corporation (TMXN)

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Last Post: 8/19/2014 11:07:42 AM - Followers: 43 - 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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#513  Sticky Note PLS READ THE IBOX! INFO UP-TO-DATE funnyG986 07/26/14 11:56:37 AM
#565   let's see the TMXN monster move again funnyG986 08/19/14 11:07:42 AM
#564   it's time to go UP vanbasten 08/19/14 11:05:29 AM
#563   TXMN 0.034 some buying pressure today funnyG986 08/19/14 10:57:11 AM
#562   Just.... Waiting Chief Penny Officer 08/13/14 01:06:01 PM
#561   ronf vanbasten 08/12/14 12:31:36 PM
#560   ???? I see nothing wrong with the website..... hestheman 08/08/14 02:22:02 AM
#559   You think, better not. Hope they come up edesheim 08/07/14 12:31:13 PM
#558   This one on the official URL: edesheim 08/07/14 12:30:00 PM
#557   i only can stick one post... add yourself funnyG986 08/07/14 12:09:18 PM
#556   Ahhh, nice. That should be stickied in place Auger 08/07/14 12:08:32 PM
#555   check this funnyG986 08/07/14 12:03:31 PM
#554 If you're talking about that one, it's not finis Auger 08/07/14 12:02:54 PM
#553   still in progress, I guess. funnyG986 08/07/14 11:53:18 AM
#552   I hope a $500 million company can put edesheim 08/07/14 11:52:51 AM
#551   new website is already up. funnyG986 08/07/14 11:50:07 AM
#550   Should have been news this week with the Auger 08/07/14 11:29:48 AM
#549   when is expected news? vanbasten 08/07/14 10:55:41 AM
#548   only 2 mm's on the bid / ask... Chief Penny Officer 08/05/14 09:47:18 AM
#547   A lot of people will be here soon. Chrisztt 08/04/14 03:38:44 PM
#546   Dont understand either funnyG986 08/04/14 01:50:27 PM
#545   Can't believe more of IHUB isn't on this hestheman 08/04/14 01:48:06 PM
#544   TMXN 0.065; 0.13 next. super thin. eye on filings/news funnyG986 08/04/14 12:16:06 PM
#543   holding for $0.25+ TMXN funnyG986 08/04/14 12:05:57 PM
#542   .065 up on the ask. Chief Penny Officer 08/04/14 12:04:01 PM
#541   nice follow through getting up the websites as Chief Penny Officer 08/04/14 09:30:41 AM
#540  Restored BLATANT promoting of this junk stock. BEWARE WarMachine 08/03/14 11:03:12 PM
#539   TMXN 0.04 x 0.06; will heading back to funnyG986 08/03/14 02:15:18 PM
#538   let's buckle up. Aug and Sep will be funnyG986 08/03/14 12:52:18 PM
#536  Restored AWARENESS campaign over, DUMP was obvious. Just a WarMachine 08/03/14 08:17:34 AM
#534   The Sleeping Giant.....I like it! This is going hestheman 08/03/14 02:36:04 AM
#533   great news! Garagebux 08/02/14 09:49:47 PM
#532   TMXN will be traded in OTCQB or higher funnyG986 08/02/14 02:35:14 PM
#531   TMXN float is 5.8M verified. Others are restricted funnyG986 08/02/14 02:33:53 PM
#530   Approx 85% of O/S is owned by insiders... Mike2119 08/02/14 01:55:24 PM
#529   SAW THAT AS WELL. TMXN sleeping monster! funnyG986 08/02/14 01:14:20 PM
#528   Websites are up! Badgerland 08/02/14 01:08:32 PM
#527   AWESOME news! Looking forward to next week! hestheman 08/02/14 02:21:40 AM
#526   TMXN new update from wsj. $0.06, last run funnyG986 08/02/14 12:45:30 AM
#524   Looking forward to next week, should be the Chief Penny Officer 08/01/14 01:48:21 PM
#522   so the float is 5 mill, but the zedsdead 07/31/14 03:34:02 PM
#521   hopefully those filings are about ready...wake this guy Chief Penny Officer 07/30/14 10:18:22 AM
#520   float is epic this stock moves on air Garagebux 07/29/14 03:48:17 PM
#519   there was only merger rumor before last run funnyG986 07/28/14 10:23:15 PM
#518  Restored Probably in this order if you go back WarMachine 07/28/14 10:12:28 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