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Re: 4thdmntnl post# 28114

Wednesday, 04/19/2017 6:42:21 PM

Wednesday, April 19, 2017 6:42:21 PM

Post# of 41796
In a press release the CEO stated:

Jan 09, 2017 (Marketwired via COMTEX) -- DALLAS, GA--(Marketwired - January 09, 2017) - Bemax Inc. BMXC, +3.60% is pleased to announced today that 92 percent ($276,178) of the Convertible Notes amount of $302,750 due between October 19, 2016 and December 9 2016, had converted principal and interest due under the Notes to 423,754,790 shares of Common Stock, as Bemax prepares to launch its two private label brands in the U.S. market through Amazon.com starting April 4, 2017.

That is a conversion rate of $0.0006 per share.

IG

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