eMax Holdings, Inc. (fka EMXC)

[GuruTrader]

eMax Holdings Corp. Announces Its Current Plan of Action, Financing, and Share Buy-Back Plans
Date : 10/13/2010 @ 12:28PM
Source : MarketWire
Stock : eMax Holdings Corp. (EMXC)
Quote : 0.0016 0.0 (0.00%) @ 8:11AM


eMax Holdings Corp. Announces Its Current Plan of Action, Financing, and Share Buy-Back Plans
EMAX HOLDINGS CORP (OTC) (USOTC:EMXC)

Today : Thursday 14 October 2010

eMax Holdings Corp. (PINKSHEETS: EMXC), recently renamed eMax Worldwide, is pleased to announce today that they have made further strides towards becoming a fully reporting status company with the SEC and are getting products into the market place. A sample of those products can be found at our newly formatted and designed websites, www.emaxmediagroup.com, www.emaxmusic.com, and www.emaxnews.com. The company is in the process of evaluating the proper means of securing growth capital and it is their intention to also initiate an extensive share buy-back program, both in the open market and privately in the very near term, with their legal counselor's advice. The founders of the company continually, for over eleven years, use their own personal funds to expand business activities and fund the company operations. As an example, in the year 2009, the officers of the company loaned their money and services to eMax and took stock in exchange for those funds at $.10 per share when then the stock was trading at $.0012/share.

The company is preparing the printing of their last two stock dividends. All shareholders holding stock certificates should send their current mailing address
information to [e-mail].

Roxanna Weber, CEO of eMax Holdings Corp., stated, "eMax has worked diligently for over eighteen years effectively to set strategic steps in place for our company to continue to move forward with its mission to make a positive difference with music, TV, the internet, movies and games and today more than ever. While managing and directing eMax , I am so very honored and privileged to work daily with the fine men, women and counselors who have joined our management teams and eMax with the same vision and work ethics. I am also very pleased about the daily changes that are being made at our company websites and with our corporate image." She went on to state, "We are also evaluating the best ways to bring more value to our loyal investors, including an extensive buy-back program. It is my hope that these steps will further grow our company with the focus of bringing our stock value closer to the goals of the company, of our shareholders, and of my late husband, partner and founder of the company, Chuck Weber."

About eMax Worldwide, Inc.

eMax Worldwide, Inc. (www.eMaxworldwide.com) is a diversified holding company investing in family valued multimedia, entertainment, communication, broadcasting, high-end technologies, and real estate and finance industries through two corporations.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of eMax.

Contact:

eMax Worldwide, Inc.

Roxanna Weber

850-638-3920