Bemax Inc (BMXC)

[maz1978]

PROBLEM IS YOUR WORDING IS OFF AND IS WHATS CAUSING THE ISSUE WITH THE INCORRECT NUMBER BEING DISPLAYED...HERE IS THE CORRECT WORDING DIRECTLY FROM BEMAX'S WEBSITE

Bemax Inc. 100 Percent of Notes Converted, Prepares to Launch on Amazon.

DALLAS, Ga., January 11, 2017 Bemax Inc. (OTCBB: BMXC) is pleased to announced today that as of January 10, 2017, holders of Bemax Inc ("Company") Convertible Notes due between October 19, 2016 and December 9 2016 (the "Notes"), had converted principal and interest due under the Notes in the aggregate amount of $315,072 to 184,748,966 shares of Common Stock. The Notes were originally issued by the Company between the periods of April 19, 2016 to June 9, 2016 at an aggregate original value of $302,750.

As at January 10, 2017, there were 451,640,836 shares of Common Stock issued and outstanding following the above noted conversion of the convertible Notes, all as described above.

NOW FACTOR IN THE REDUCED SHARE STRUCTURE

Bemax Inc. Retires150 Million Underlying Common Shares of Company Stock, Reduces Issued and Outstanding Shares.

THAT THEN BRINGS US HERE: