UMAX GROUP CORP. – Lowers Authorized Common Stock
UMAX GROUP CORP. – Lowers Authorized Common Stock
LAS VEGAS, NV / ACCESSWIRE / January 5, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, would like to announce that it has filed amended articles of incorporation with the State of Nevada, Secretary of State, lowering its authorized common stock from 1,850,000,000 shares of Common Stock to 500,000,000 shares of Common Stock.
內華達州拉斯維加斯/ACCESSWIRE/2022年1月5日/亞洲網加利福尼亞州聖克拉拉8月23日電內華達州的UMAX集團公司(場外交易代碼：UMAX)宣佈，它已經向內華達州國務卿提交了修訂的公司章程，將其授權普通股從18.5億股普通股減少到5億股普通股。
Mr. Fletcher (President and CEO of the Company), states…"We started the process of changing our capital structure over a year ago. As announced last month, we were able to effectuate the cancellation of 500,000,000 shares of Common Stock lowering our issued and outstanding common stock by 89%. The filing of the amended articles of incorporation, lowering our authorized common stock, is the final step in this process. As promised, the Company will not increase the authorized Common Stock for a minimum of three fiscal years. With these actions in place, not only will our market capitalization be more in line with our financial performance, but investors can rely on the fact there will be no significant dilution of their holdings as we grow the Company."
弗萊徹先生(公司總裁兼首席執行官)説：“…我們一年多前就開始了改變資本結構的進程。正如上個月宣佈的那樣，我們能夠完成5億股普通股的註銷，使我們的已發行和已發行普通股減少了89%。提交修訂後的公司章程，降低我們授權的普通股，是這一過程的最後一步。按照承諾，公司至少在三個會計年度內不會增加授權普通股。有了這些措施，不僅我們的市值將與我們的財務表現更加一致，而且投資者可以相信，隨着我們發展公司的發展，他們的持股不會大幅稀釋。“
The Company filed an amended articles of incorporation with the Nevada Secretary of State to lower the authorized Common Stock from 1,850,000,000 to 500,000,000, a lowering of over 300%. Additionally, the Company's Board of Directors has resolved to not increase the authorized Common Stock for a minimum of the next three fiscal years or April 30, 2025.
該公司向內華達州州務卿提交了一份修訂的公司章程，將授權普通股從18.5億股降至5億股，降幅超過300%。此外，公司董事會已決定至少在未來三個會計年度或2025年4月30日內不增加授權普通股。
Mr. Fletcher further stated…"With this corporate restructuring out of the way, we are now fully focused on growing the business of the Company. Our sole subsidiary, Funny Media, Group, LLC, a Wyoming corporation, will have several material events to announce over the coming weeks and months. Additionally, the Company is also in final negotiations with regards to several material business acquisitions. Our focus in these acquisitions is to acquire cash flow positive operational subsidiaries or companies that show increased revenue potential in the short term. These acquisitions will not only diversify our business operations but will spread the risk of our financial performance over several revenue producing entities. It is really exciting time for the Company."
弗萊徹先生進一步表示：“…隨着這次公司重組的結束，我們現在完全專注於發展公司的業務。我們唯一的子公司Funny Media，Group，LLC是懷俄明州的一家公司，在接下來的幾周和幾個月裏，將有幾個重大事件要宣佈。此外，該公司還在就幾項重大業務收購進行最後談判。我們在這些收購中的重點是收購現金流為正的運營子公司或短期內表現出收入潛力增加的公司。這些收購不僅將使我們的業務運營多樣化，還將把我們的財務業績風險分散到幾個創收實體。這對公司來説真的是激動人心的時刻。“
About Us
關於我們
UMAX Group Corp. is a Nevada corporation, is a public-quoted Pink Sheet issuer under the ticker symbol "UMAX". UMAX reports as an alternative reporting issuer with OTC Markets Group, Inc. and is current in its mandatory required filings (E.g., "Pink Sheet Current").
UMAX集團公司是一家內華達州公司，是一家公開上市的粉單發行商，股票代碼為“UMAX”。UMAX作為場外交易市場集團(OTC Markets Group，Inc.)的替代報告發行商進行報告，並在其強制性要求的文件中是最新的(例如，“粉單當前”(Pink Sheet Current))。
Disclaimer Regarding Forward Looking Statements
關於前瞻性陳述的免責聲明
Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties, and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements.
根據1995年“私人證券訴訟改革法”，我們所作的某些陳述可能構成“前瞻性陳述”。前瞻性表述包括有關 未來戰略目標、業務前景、預期儲蓄、財務結果(包括費用、收益、流動性、現金流和資本支出)、行業或市場狀況、對我們產品的需求和定價、收購和資產剝離、訴訟和監管發展的預期結果或總體經濟狀況的信息。 此外，還包括諸如“相信”、“預期”、“預期”、“打算”、“計劃”、“估計”、“項目”、“預測”等未來或條件動詞。“可能”、“可能”、“應該”、“將會”以及任何其他必然取決於未來事件的陳述都旨在識別前瞻性陳述。前瞻性陳述不是保證，它們涉及風險、不確定性和假設。 雖然我們基於我們認為合理的假設做出這樣的陳述，但不能保證實際結果與前瞻性陳述中表達的結果不會有實質性差異。 我們告誡投資者不要過度依賴任何前瞻性 陳述。
Company Information: UMAX Group Corp.
2020 Bay Avenue
Los Angeles, California 90021
Web: New website under construction
公司信息：UMAX Group Corp.
2020海灣大道
加利福尼亞州洛杉磯，郵編：90021
網站：正在建設中的新網站
Website:
Instagram:
YouTube:
Investor Relations: Jack Zietz
Email: investors@umaxgrpcorp.com
網站：
Instagram：
YouTube：
投資者關係：傑克·齊耶茨(Jack Zietz)
電子郵件郵箱：Investors@umaxgrpcorp.com
SOURCE: UMAX Group Corp.
資料來源：UMAX集團(UMAX Group Corp.)
譯文內容由第三人軟體翻譯。