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Thursday, October 22, 2015 11:47:32 PM
Restructuring for Growth:
The Company has recently restructured its shares structure with the State of Nevada for
the main purpose of moving the company to the next level in the coming year. The
company has increased its authorized shares to accommodate the creation of both A
Class Preferred and B Class Preferred. The structure is that A Class Preferred as control
stock will carry a conversion of 1000: 1 common and B Class stock with a conversion of
5:1 common for future projects in regards to partnerships, mergers, or other ways of
working together. The company intends to use the B Class Preferred in its present offering
to accredited investors or institutional investors of 2M USD in order to grow the company
further, with the intention of becoming where possible fully reporting in the coming year.
Research is been done for qualified auditors in order to accomplish this task (Cost). The
company has identified projects once funded that will generate significant revenue
reporting in the coming year (Building Division UMAX Development LLC) with more
projects to come once the new development site is launched
www.umaxdevelopment.com (Under Construction).The company has also relaunched a
new look on its web site identifying and targeting different areas of interest in business.
www.umaxcorp.com all of which allow for vertical and horizontal integration in revenue
streams.
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