eMax Worldwide, Inc. Announces Retirement of One Billion Common Shares and ...
/PRNewswire/ -- eMax Worldwide, Inc. (Pinksheets:EMXC), www.emaxworldwide.com a diversified holding company, announces their Board of Directors and founders have decided to implement phase two of our strategic plan by converting approximately 1,000,000,000 shares of common stock into the company's Preferred Series A stock and simultaneously, retire to treasury at least 1,000,000,000 shares of common stock initially. The company currently has approximately 2,650,000,000 common shares outstanding at this time. The conversion of common stock into the Preferred and the retiring of the said common shares will bring the current shares outstanding below 1,650,000,000. Effectively after the common shares have been exchanged into the Preferred Shares, the company plans to reduce the company's authorized shares to 2,000,000,000 shares. Our strategic plans and future goals have set an optimum target of a common share structure in the neighborhood of 1,000,000,000 authorized and 800,000,000 outstanding. We have more to accomplish to obtain this future goal, and will continue to strive in all operations to achieve it . This plan will continue to be implemented by our increasing efforts in our announced buy back program.eMax Worldwide has also recently announced their partly held company, eMax Media Inc, has completed the Merger Takeover of the publicly trading company, Mindpix Inc., ("MPIX"), The Board of Directors and founders of the eMax Media subsidiary company have decided to convert approximately 225,000,000 shares of common stock that they will receive in the merger with Mindpix into the eMax Media Inc's Preferred Series A stock and at the same time retire to treasury at least 225,000,000 shares of the 400,000,000 expected shares of Mindpix common stock.
The President of eMax Worldwide, stated, "Due to continual growth in both companies, the respective Board of Directors and founders of both companies feels it is in the best interest of all parties to reduce both companies issued and outstanding common stock as well as, decrease the authorized shares of eMax Worldwide. The structures of both companies are being changed in a unique way, that we believe, provides a solid step forward in positioning the companies for the future. The founders of both eMax Worldwide and eMax Media believe these events will aid in restoring the company's market capital value to reflect it's real value, with the focus on increasing revenues and earnings while decreasing the amount of common stock that is available in the public market." Mrs. Weber also states that if any current common stock holder in either eMax Worldwide or eMax Media group would like to join the other founders in converting their common stock into Preferred A Series Shares, then they should call the company directly to discuss the procedures and paperwork that is required to do so.
Film Reflects Ir - News
The founders of both eMax Worldwide and eMax Media believe these events will aid in restoring the company's market capital value to reflect it's real value, with the focus on increasing revenues and earnings while decreasing the amount of common stock
"This facility is a component of KEMET's long-term strategy of consolidating and maintaining manufacturing for its European customer base, while fulfilling our objective of lowering the cost structure associated with our Film and Electrolytic business
Despite decades of IR deregulation and an Australia-United States Free Tree Agreement, screen actors wishing to work in Australia still have to seek the approval of the relevant union, MEAA, in a modern-day equivalent of the closed shop.
Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to
SinoTech undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, assumptions, estimates and projections except as may be required by law.
(ORFG, CBLI, APKT, CAVM) Noticeable Stocks by StockBling.com ...
Orofino Gold’s corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Gold is used in circuitry because it is a dependable conductor and connector. In addition, many parts of every space vehicle are fitted with gold-coated polyester film. This film reflects infrared radiation and helps stabilize the temperature of the spacecraft. Without this coating, dark colored parts of the spacecraft would absorb significant amounts of heat. Gold is also used as a lubricant between mechanical parts.
Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. President Ary Pernett and Vice President of Development Alfonso Calderon of Orofino Gold Corp. (ORFG) hosted investors interested in a firsthand look at the company’s Senderos de Oro projects. These visits come as investors consider the financial commitments necessary to fund exploration and provide modern mining techniques and equipment to the area.
The group spent four days in Colombia during which they had an opportunity to tour Orofino’s active mine sites at La Azul, Culo Alzado, and Buena Sena. The visit offered investors an opportunity to observe current artisanal gold production, and an in-person view of Colombia’s revitalized foreign investment opportunities and stability. Following this site visit, Orofino’s directors and investors are expected to prepare for the company’s future funding and development needs as it continues to expand exploration at Senderos de Oro.
For more information about Orofino Gold Corp., please visit their website: http://www.orofinogold.com
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Cleveland BioLabs, Inc. (Nasdaq:CBLI) announced it has received commitments from certain institutional and accredited investors to purchase an aggregate of $23.5 million of the Company’s securities in a registered direct offering. Cleveland Biolabs, Inc. engages in the discovery, development, and commercialization of products for cancer treatment and protection of normal tissues from radiation and other acute stresses.
Film Reflects Ir - Bookshelf
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