eMax Holdings, Inc. (fka EMXC)

[prof]

$EMXC - MPIX - Gilman
There seems to be some confusion of what Rox is doing here - let me offer a scenario, which I believe is true.

$EMXC is a Holding Company - its job is to find companies to merge or acquire.
Its job is not to sell sneakers and earn revenues - the subsidiaries earn revenues - the Holding Company gets a percentage or equity in their stocks.

Here the possible scenario -
A few years ago(2009), Gilman came to $EMXC and asked for assistance in their company - this long process involved many things:
-looking for financing
-deciding the best way to share the profits
-setting up the mechanics for the financing
-setting up the mechanics for the reverse triangular merger ( the method agreed upon in this case)

Last year(2010), $EMXC went about acquiring a shell ( MPIX) which would then be spun off, and set up to make the merger with Gilman, (thus making Gilman a part of MPIX and subsequently a part of $EMXC Holding, as well as making it a public company, where it can enjoy all the advantages of being a public company.)

$EMXC merged with MPIX with an equity exchange method ( only theoretically - I believe we will see in the end that $EMXC has practically acquired MPIX).

This year(2011 til present), Gilman and MPIX arranged an equity exchange so that Gilman would become a part of MPIX through a triangular reverse merger, under the auspices of the Holding Company, $EMXC. During this same period, the management of MPIX was replaced by Mangement people from $EMXC ( which is why I believe that MPIX will practically be at some point 100% a part of $EMXC.

ALso this year, the final procedure was finished for the financing - $EMXC shared this info with us - many were amazed, many scoffed at it - typical in Pinky Land.

Now enter the problem - the old TA - crooked - threw a wrench in the deal - set the whole process back at least 3-4 months - we are still waiting for closure, for the chill to be lifted.

The above explanation is merely ONE of many companies, like Gilman, doing this sort of thing with $EMXC. Unitel is another company. With the equity that these companies bring - in Gilman's case, Mining assets - in Unitel's case, signed contracts - $EMXC was able to acquire financing ( also using its Library as collateral). I believe it is the library which we see as Goodwill in the fin's.

For those who think $EMXC just ran into Gilman a few weeks ago and got a 50 million dollar finance packet in a few days, I would say: "think again"!
These things take time, and we are still being forced to show our patience.

Best to all,

prof