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Re: None

Monday, 07/17/2017 10:25:15 PM

Monday, July 17, 2017 10:25:15 PM

Post# of 41768
Per SEC filing(1/10/17), $315,072 converted to 184M shares

I trust the SEC filing which for 100% conversion of the note.
At 100%, total outstanding shares were 451,640,836
At 92%, Total oustanding shares were 423,754,790

SEC Filing link is as follows
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11780116

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 of 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.

The above noted convertible Notes including principal and interest are now 100 percent converted to the Company's common stock.