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Tuesday, September 26, 2017 5:28:35 PM
OTC Disclosure & News Service
LAS VEGAS, NEVADA- (OTC Markets - September 26, 2017)
UMAX Group Corp. (Pink Sheets: UMAX)
UMAX is looking to launch its newly updated web site in the coming
week which will feature our current projects as well as an outline with regards to future projects and the direction of the company. The Company is looking to move forward in various new areas of business which will be announced in the coming months, while at the same time trying to move current business and joint venture agreements forward. At
the current time, the Company is negotiating with two large investment groups to potentially fund its joint venture agreement with Clever Tech to build a manufacturing facility in the United States to produce the Nano Paste technology. The nature of this technology is more fully described in our Quarterly Disclosure Statement (1st Quarter
Ended July 31, 2017) which was file earlier this month.
Due to the sensitive nature of the proprietary formula and process of the Nano Paste technology, UMAX requires proof of funds before moving to the next step in the negotiation prior to releasing sensitive documents through an executed non-disclosure, non-compete agreement. CEO, Ian N. Dixon, stated this is always a major hurdle when dealing with such a new cutting-edge technology requiring a large capital investment. This technology is a game changer that will have wide applications across many industries operating today. The Company will keep our shareholders updated as we move forward.
About UMAX Group Corp.
UMAX GROUP CORP. (the UMAX or the Company) is a development-stage company
formed to develop and acquire operating companies through partnership agreements.
Our primary focus is in the development and expansion of an existing model of
partnership with private entities in accessing the capital markets via a public entity
Everything I say is in my opinion, do your own DD and make your decision wisely! Don't spend more then you can afford to lose!
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