Here is some BMXC facts and some other knowledge
1. Our private label are manufactured in China to our African markets- This is for obvious logistical reasons, and to reduce overhead costs and the Company to remain competitive especially at this early stage.
2. Our private label brands for distribution in the U.S are being produce in the U.S where quality is superior.
2. Unlike other products, disposable diapers are made of same raw materials - be it Pampers, Huggies hence the use of same or similar description. The differences are in absorbent level, sizes and packaging.
3. Most disposable diapers out of Asia are vulnerable to imitation and adulteration. This is the primary reason why private label companies constantly change labeling, packaging and sizes.
4. With respect to financials - Please refer to the audited financial report of the company. Quarterly reports are provided as it become available.
Most importantly is the fact that our work and business model will speak more for us as we move forward and continue to focus on building the business and the Company. -Bemax inc
We can estimate at this time that sales through Amazon will help increase overall sales but we do not know the extent. Advertisement is part of our plan to reach specific markets especially online, family and women magazines. -Bemax inc
The reason they cut Amazon is because they didn't want to pass on higher shipping costs to customers, cost per shipment now $10.99 on Amazon for continental U.S.. Bemax inc has a flat rate of shipping of $19.99 to get the full amount from shipping is to order more than one diapers from BMXC to get what you paid for that $19.99 flat rate shipping. Amazon shipping is $8.99 per order plus $0.99 per item but its not flat rate shipping. $19.99 anywhere for BMXC!!
We did our thorough diligence and decided to proceed with North American Diaper Company for the fact the company understands our target market especially in East and West Africa. NADC are currently active in these markets as they shipped substantial quantity to this region. Furthermore, NADC understands the custom clearing process in these areas as well as the regulatory framework as it pertain to disposable. diaper. North American diaper company will meet our short term supply need as we prepare to commence online sales here in North America. -Bemax inc
Please be advised that we are providing below this one time response for clarification purposes only, as we no longer response to questions or comments made via email. Please direct all subsequent question or comment by calling the company office directly.
From the company's perspective strategic partners are creditors that are positioned, ready and willing to provide ongoing funding to the meet the company mid to long term marketing and expansion objectives. The overall goal of a strategic partner is to work with the company through continuous funding, with ultimate beneficiaries being the investor, the company, as well as the shareholders.-Bemax inc
710K purchase order of May 2016 - Reported revenue for periods ended May 31, August 31, and November 30, 2016 respectivley totaled $653,891. -Bemax inc twitter.
Total revenue for year ended May 31,2016 is $538,738.
Total revenue reported for three months ended August 31,2016 was $92,122
Total revenue reported for three months ended November 30, 2016 was $23,031
Totaled amount of $653,891 for adding those prices. ^^^
Bemax Inc was founded in 2012 but they began operations in 2014 after they received money for the IPO. Here is some passages stating this.
We plan to launch full operations in approximately six to nine months following the closing of this offering. Operations to date have been devoted primarily to start-up and development activities, which include the following:
1. Initiated initial website design, layout and development;
2. Due diligence continuing on potential market outlets;
3. Initiated contacts with manufacturers and distributors;
4. Identify our Disposable Baby Diaper Brand.
We have not started our business. We need the proceeds from this offering to start our operations.
We do not plan to begin business operations until we complete our public offering.
Bemax Inc diapers, what makes them different.
Here's a list of preferred disposable diapers.
• Chlorine-free
• Fragrance-free
• Phthalate-free preferred
• Dye-free (or at least pigments without heavy metals)
• We like biodegradability for what it implies, but it is not our top concern
Here is BMXC diapers
made without: chlorine processing, latex, lotions, fragrances, gluten, most common allergens, phthalates, optical brighteners, heavy metals, or organotins (MBT, DBT, TBT)
We hereby confirm this to the best of our knowledge based on information from our raw material suppliers & manufacturer.
High quality A grade diapers. Explained from there manufacturer Guangzhou.
The baby diaper market is untapped and just waiting for a new competitor to come to the scenes, hopefully it is Bemax Inc.
The major players in the market.
Domtar Corp
First quality enterprises inc
Kao Corp
Kimberly-Clark corp
Ontex international N.V.
The Procter And Gamble Company
Svenska Cellulosa aktiebolaget SCA
Unicharm Corp
Bemax Inc has diapers a third of competitors in price. Price is a top priority. Price is a more compelling reason for diaper switching. Price can be a powerful motivator to encourage trial, but functionality will
always outweigh price, said Buchanan. If the less expensive product fails to deliver on basic expectations of leakage protection, gentleness, comfort and absorption, consumers will not likely buy it again.
Some posters on here are saying the BMXC diapers are just as awesome as the competitors brand.
About the CEO
Background*
Ms. Taiwo Aimasiko has been Chief Executive Officer, President, Chief Financial Officer, Principal Accounting Officer, Treasurer, Secretary and Director at Bemax Inc. since its incorporation on November 28, 2012. Ms. Aimasiko has been working at Kemira Chemicals since May 2009, a large holding company whose business is involved in many industries such as the wholesale and retail trade, production of goods, oil and gas, development and construction. Ms. Aimasiko serves as an accounting officer at Kemira Chemicals. As a staff accountant, her responsibilities includes; analyze and reconcile GRIR (Goods receipt and Invoice receipt); perform month-end close activities, including journal entries, accruals, deferrals, expense allocations, accounting for employee benefits and prepaid insurance policies; prepare and analyze balance sheet account reconciliations and general ledger accountanalysis; reconcile intercompany AP and AR; assist Accounting Manager in the preparation of required schedules and supplemental information for external and internal audit and taxes. She graduated with a Bachelor of Accounting from University of Phoenix in May, 2009
Her degree in University of Pheonix. This is all publicly available information if it wasn't i wouldn't post it.
Information verified:
Individual: TAIWO A AIMASIKO
Organization: UNIVERSITY OF PHOENIX
School Division: SCHOOL OF BUSINESS
Degree: BSB/ACC
Awarded: 05/31/2009
Major: BACHELOR OF SCIENCE IN BUSINESS/ACCOUNTING (520301)
Submitted: 04/08/2017
Updated: 04/08/2017
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