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Yea it will, nice run to 1 and up lowering to 500mil , we hit 1 with it as it was
Would love to know him. But this is the tightest the bid/ask has been in a long time AND it is shifted from .06/.09 to regularly .10/.12. Also been doing alot of PR on cap table restructuring. From reading their PR, it looks like they are about to start announcing some acquisitions. Stock should do well when that happens.
Acquisitions, up list to OTC, fully complying financials all coming soon.
https://www.accesswire.com/681997/UMAX-GROUP-CORP-Engagement-of-PCAOB-Auditor
“Additionally, the Company is also in final negotiations with regards to several material business acquisitions. Our focus in these acquisitions is to acquire cash flow positive operational subsidiaries or companies that show increased revenue potential in the short term. “
Buys at .1795, quick let me get my ask in for .155. Makes complete sense, morons.
$UMAX UMAX GROUP CORP. – Lowers Authorized Common Stock
Press Release | 01/05/2022
LAS VEGAS, NV / ACCESSWIRE / January 5, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, would like to announce that it has filed amended articles of incorporation with the State of Nevada, Secretary of State, lowering its authorized common stock from 1,850,000,000 shares of Common Stock to 500,000,000 shares of Common Stock.
Mr. Fletcher (President and CEO of the Company), states"We started the process of changing our capital structure over a year ago. As announced last month, we were able to effectuate the cancellation of 500,000,000 shares of Common Stock lowering our issued and outstanding common stock by 89%. The filing of the amended articles of incorporation, lowering our authorized common stock, is the final step in this process. As promised, the Company will not increase the authorized Common Stock for a minimum of three fiscal years. With these actions in place, not only will our market capitalization be more in line with our financial performance, but investors can rely on the fact there will be no significant dilution of their holdings as we grow the Company."
The Company filed an amended articles of incorporation with the Nevada Secretary of State to lower the authorized Common Stock from 1,850,000,000 to 500,000,000, a lowering of over 300%. Additionally, the Company's Board of Directors has resolved to not increase the authorized Common Stock for a minimum of the next three fiscal years or April 30, 2025.
Mr. Fletcher further stated"With this corporate restructuring out of the way, we are now fully focused on growing the business of the Company. Our sole subsidiary, Funny Media, Group, LLC, a Wyoming corporation, will have several material events to announce over the coming weeks and months. Additionally, the Company is also in final negotiations with regards to several material business acquisitions. Our focus in these acquisitions is to acquire cash flow positive operational subsidiaries or companies that show increased revenue potential in the short term. These acquisitions will not only diversify our business operations but will spread the risk of our financial performance over several revenue producing entities. It is really exciting time for the Company."
About Us
UMAX Group Corp. is a Nevada corporation, is a public-quoted Pink Sheet issuer under the ticker symbol "UMAX". UMAX reports as an alternative reporting issuer with OTC Markets Group, Inc. and is current in its mandatory required filings (E.g., "Pink Sheet Current").
Disclaimer Regarding Forward Looking Statements
Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning futurestrategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties, and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-lookingstatements.
Company Information: UMAX Group Corp.
2020 Bay Avenue
Los Angeles, California 90021
Web: New website under construction
Website: https://funnymediagroup.com/
Instagram: https://www.instagram.com/funnymediagroupofficial/?hl=en
YouTube:https://www.youtube.com/c/FunnyMediaGroup
Investor Relations: Jack Zietz
Email: investors@umaxgrpcorp.com
SOURCE: UMAX Group Corp.
How do I get to be that guy who "knows something"?
Where do I sign up to that?
Been following this stock for over a year now. The market has tightened up since they announced the stock cancellation. The bid is 25% higher and the bids are stacked. Got a feeling this stock is set to run early part of 2022. Someone knows something or there would not be 6 bids 25% higher than the high bid the middle of December!
In power hour now, can bounce into the green
$UMAX
I agree it is undervalued.
UMAX
Will not take much to go green here.
UMAX
Thin to a nhod now!
UMAX
undervalued, it is time for a reversal soon IMO
$UMAX
$UMAX from their news: After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's investment.
Rondell Fletcher (UMAX President and CEO), who has been producing content for more than 19 years, says that Foundation will become a great partner.
"We couldn't have asked for a more dedicated and experienced group of professionals," Mr. Fletcher says.
Nice announcemenet yestaerday UMAX
$UMAX News Out: LOS ANGELES, CA / ACCESSWIRE / December 27, 2021 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, has signed a deal to distribute its comedy specials with Foundation Sales and Consulting, a company known for its strategic and operational expertise in the film, television, and the evolving digital and technology space.
After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's investment.
Rondell Fletcher (UMAX President and CEO), who has been producing content for more than 19 years, says that Foundation will become a great partner.
"We couldn't have asked for a more dedicated and experienced group of professionals," Mr. Fletcher says.
As part of its deal with Foundation, Funny Media Group has developed a new format called "The Cube"-30-minute episodes featuring 15 minutes each from two select comedians.
"The Cube allows us to highlight the work of some of our funniest comedians," Mr. Fletcher says.
Since beginning the shows in May 2021, FMG's YouTube channel has racked up over 1.5M views over only 40 shows. Two hundred shows have been taped, with 160 remaining to be released.
"The response has been fantastic," Mr. Fletcher says.
Mr. Fletcher has an extensive background in production and media. He has owned his own production studio in Los Angeles for the past 19 years and has produced national shows for CNN, FOX, Food Network and Comedy Central, among others.
The short-term goal for Funny Media Group is to produce content for streaming services such as Netflix and Amazon with the long-term goal of building a large media catalog for acquisition.
That was good to see yesterday.
UMAX
Looking for a bounce here today.
UMAX
$UMAX UMAX GROUP CORP. - Funny Media Group Signs Distribution Deal with Foundation Sales and Consulting
Press Release | 12/27/2021
LOS ANGELES, CA / ACCESSWIRE / December 27, 2021 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, has signed a deal to distribute its comedy specials with Foundation Sales and Consulting, a company known for its strategic and operational expertise in the film, television, and the evolving digital and technology space.
After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's investment.
Rondell Fletcher (UMAX President and CEO), who has been producing content for more than 19 years, says that Foundation will become a great partner.
"We couldn't have asked for a more dedicated and experienced group of professionals," Mr. Fletcher says.
As part of its deal with Foundation, Funny Media Group has developed a new format called "The Cube"-30-minute episodes featuring 15 minutes each from two select comedians.
"The Cube allows us to highlight the work of some of our funniest comedians," Mr. Fletcher says.
Since beginning the shows in May 2021, FMG's YouTube channel has racked up over 1.5M views over only 40 shows. Two hundred shows have been taped, with 160 remaining to be released.
"The response has been fantastic," Mr. Fletcher says.
Mr. Fletcher has an extensive background in production and media. He has owned his own production studio in Los Angeles for the past 19 years and has produced national shows for CNN, FOX, Food Network and Comedy Central, among others.
The short-term goal for Funny Media Group is to produce content for streaming services such as Netflix and Amazon with the long-term goal of building a large media catalog for acquisition.
Funny Media's social media sites are as follows:
Website: https://www.FunnyMediaGroup.com
Instagram: https://www.instagram.com/funnymediagroupofficial/?hl=en
YouTube:
final minutes in power hour, it's rebounding from the low
$UMAX
$UMAX Traders cheatsheet - dd here -https://www.barchart.com/stocks/quotes/UMAX/cheat-sheet
Since beginning the shows in May 2021, FMG's YouTube channel has racked up over 1.5M views over only 40 shows. Two hundred shows have been taped, with 160 remaining to be released.
UMAX
Mr. Fletcher has an extensive background in production and media. He has owned his own production studio in Los Angeles for the past 19 years and has produced national shows for CNN, FOX, Food Network and Comedy Central, among others.
The short-term goal for Funny Media Group is to produce content for streaming services such as Netflix and Amazon with the long-term goal of building a large media catalog for acquisition.
UMAX
After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's investment.
Rondell Fletcher (UMAX President and CEO), who has been producing content for more than 19 years, says that Foundation will become a great partner.
UMAX
"We couldn't have asked for a more dedicated and experienced group of professionals," Mr. Fletcher says.
As part of its deal with Foundation, Funny Media Group has developed a new format called "The Cube"-30-minute episodes featuring 15 minutes each from two select comedians.
"The Cube allows us to highlight the work of some of our funniest comedians," Mr. Fletcher says.
Since beginning the shows in May 2021, FMG's YouTube channel has racked up over 1.5M views over only 40 shows. Two hundred shows have been taped, with 160 remaining to be released.
UMAX
That was a nice amount of shares.
UMAX
Looking for this to head back up.
UMAX
It should hit the radars soon I am thinking.
UMAX
On mine as well.
UMAX
$UMAX News and Headlines https://www.barchart.com/stocks/quotes/UMAX/news
Awesome announcement here today UMAX
had nice news out this morning, on watch!
$UMAX
$UMAX UMAX GROUP CORP. - Funny Media Group Records 1.5M YouTube Milestone in only 40 Shows, Announces Season Two of Shows
Press Release | 12/22/2021
LOS ANGELES, CA / ACCESSWIRE / December 22, 2021 / UMAX Group Corp. (OTC Pink:UMAX), a Nevada corporation, continues to release comedy specials, and recently hit 1.5M YouTube views in only 40 shows.
After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's investment.
Rondell Fletcher (UMAX President and CEO) says 200 total shows have been recorded, with 160 remaining to be released.
"We have built a pipeline of comedy specials that is attracting attention in the industry, and a significant audience," Mr. Fletcher says.
The shows are filmed in the Comedy Cube, Funny Media Group's state-of-the-art facility in downtown Los Angeles. Shows are released on Mondays, Wednesdays, and Fridays.
Mr. Fletcher also announced a start date for the second season of shows at the Cube: March 1, 2022.
Mr. Fletcher has an extensive background in production and media. He has owned his own production studio in Los Angeles for the past 19 years and has produced national shows for CNN, FOX, Food Network and Comedy Central, among others.
The short-term goal for Funny Media Group is to produce content for streaming services such as Netflix and Amazon with the long-term goal of building a large media catalog for acquisition.
Funny Media's social media sites are as follows:
Website: https://www.FunnyMediaGroup.com
Instagram: https://www.instagram.com/funnymediagroupofficial/?hl=en
YouTube:
$UMAX UMAX Group Corp. - Cancellation of 500,000,000 Shares of Common Stock
Press Release | 12/21/2021
LAS VEGAS, NV / ACCESSWIRE / December 20, 2021 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, would like to announce the final cancellation of 500,000,000 shares of Common Stock.
Mr. Fletcher (President and CEO of the Company), states"We have been trying to process this cancellation for over a year. We finally were able to effectuate the cancellation of 500,000,000 shares of Common Stock. This cancellation was important to both the Company and its investors. It has adjusted our market capitalization to a more accurate range. This cancellation effectively removed over 89% of the current issued and outstanding Common Stock of the Company."
The current controlling shareholder of the Company, Red Mountain Labs, Inc. (a Wyoming Corporation), cancelled the 500,000,000 shares of Common Stock. Post cancellation, there are now 65,472,274 shares of Common Stock issued and outstanding. The Company is now working on finalizing an amendment to its articles of incorporation to lower the authorized Common Stock from 1,850,000,000 to 500,000,000. This corporate action will be filed with he Nevada Secretary of State within the next two weeks with a follow up notification to FINRA Corporate Actions sometime thereafter.
Mr. Fletcher further stated"With this corporate restructuring out of the way, we are now fully focused on the business of the Company. We will have several business-related announcements over the next couple weeks regarding our media productions operations. There have been ongoing specials filmed at the Comedy Cube in Los Angeles California and our YouTube channel now has over thirty comedy specials for public view with another 160 in the can that will be added to the channel in the upcoming weeks. We will follow up shortly with a more detailed announcement of these operations along with some co-sponsored events with popular comedians."
About Us
UMAX Group Corp. is a Nevada corporation, is a public-quoted Pink Sheet issuer under the ticker symbol "UMAX". UMAX reports as an alternative reporting issuer with OTC Markets Group, Inc. and is current in its mandatory required filings (E.g., "Pink Sheet Current").
Disclaimer Regarding Forward-Looking Statements
Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning futurestrategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties, and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-lookingstatements.
Company Information:
UMAX Group Corp.
2020 Bay Avenue
Los Angeles, California 90021
Website: https://funnymediagroup.com/
Instagram: https://www.instagram.com/funnymediagroupofficial/?hl=en
YouTube: https://www.youtube.com/c/FunnyMediaGroup
Investor Relations: Jack Zietz
Email: investors@umaxgrpcorp.com
SS updated today. Still the same. Under 14 million float here!
https://www.otcmarkets.com/stock/UMAX/security
Here’s the real one
https://www.accesswire.com/viewarticle.aspx?id=679058
Yep, got the alert on Twitter yesterday, loaded .08
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HOME FOAM CORPORATION (SUBSIDIARY) - FACILITY
Home Foam currently operates a 12,500 square foot warehouse and office space in Las Vegas, Nevada. The current warehouse and offices provides services for over 50 customer and has 13 full time employees. During the first quarter of 2021, it will be moving to a new location which has over 23,500 square feet of operational space due to the increased client base and increased work orders Home Foam is expecting in calendar year 2021. This location is brand new and is currently being built out to Home Foam's specifications.Rondell Fletcher (President, Treasurer, Secretary, and Sole Director) - Mr. Fletcher is an accomplished entrepreneur with domestic and international experience in operations, multi-channel product distribution, and marketing. Additionally, he vast experience in developing and introducing successful new products and companies for domestic and international markets as well as endeavors in real estate, construction, and land development. At the current time, he owns and operates Broadcast West, a full-service movie and television multimedia production/programming studio located in Los Angeles, California, which also provides live satellite broadcasts, infomercials, Facebook lives and online videos to product, fashion, car photography, and cooking shows made for television. Mr. Fletcher is a graduate of California Baptist University in 1998 with a bachelor’s degree in the Liberal Arts.
https://www.linkedin.com/in/rondell-fletcher-840b2b5/
PRESS RELEASE LINK
https://www.otcmarkets.com/stock/UMAX/news
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