Umax Group Corp. (UMAX)

[zigzagman]

This is a great acquisition for UMAX in that it adds over $1,300,000 to their balance sheet in hard assets with debt of less than $200,000. The CEO stated "This acquisition follows our business plan of acquiring operational business that have both significant assets and revenue, are in an industry that we feel has significant opportunities to generate significant profit on an ongoing basis and has cross uses with other operational subsidiaries that UMAX will eventually acquire." https://finance.yahoo.com/news/umax-group-corp-acquisition-trucking-133000670.html