Umax Group Corp. (UMAX)

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Mr. Fletcher (President and CEO of UMAX) stated…"We just wanted to provide this quick update on these announced corporate governance matters so that our public shareholders know we have not forgotten to follow through on these important matters which will most certainly effect the long-term stability of the public market for our Common Stock. We feel these corporate matters are as important to the long-term stability of the market for our common stock as moving forward with negotiations of items of revenue that will affect our future bottom line."