Bemax Inc (BMXC)

[I-Glow]

Did you read the 8-K - Bemax defaulted on the toxic loans obtained from JSJ.

I suggest you call Hedrick - Kring and ask to speak to Mark Fritsche.

Sorry but Bemax filed another 8-K after the Notice of Default

On June 18, 2018, the Company's Board of Directors approved and the Company designated 25,000,000 of its authorized preferred stock as Series "A" preferred shares. The Certificate of Designation stated the following:

Voting Rights: One (1) vote per share (vote along with common stock);

Conversion Rights: Each share of Series "A" Preferred is convertible at any time, and from time to time, into six (6) shares of Common Stock following 180 days anniversary of issuance;

And on May 30th we find the following:

On May 30, 2018, Bemax Inc.(“the Company”) received a notice of default from JSJ Investments, Inc (“JSJ” and the “Default Notice”), which alleged the occurrence of an event of default under the terms that certain Convertible Promissory Notes (the “Notes”) sold by the Company to JSJ on March 27, 2017 and August 3, 2017 respectively, and demand all principal and accrued interest outstanding under the Convertible Notes to be immediately due and payable.

The Preferred Shares are for a settlement with JSJ.

You see I post facts - backed up by the Bemax 8-Ks - you only post wishful thinking void of facts.

IG