eMax Holdings Corporation Announces Updates
eMax Holdings Corporation (PINKSHEETS: EMXC) announces recent updates.
On May 15, 2007, eMax Holdings Corporation completed the acquisition agreement to acquire all assets and rights held by Artist Innovations, Inc. eMax Holdings shareholders will gain a new share of stock dividend in eMax Holdings Corporation to be issued to them for each two shares they held in eMax Holdings Corporation; with the record date May 15, 2007. The transactional value equated to EMXC shares are being valued at $.085/share.
On June 15, 2007, eMax Holdings Corporation completed the merger with Gold Rush Investments Corp, and has changed its name to EMAX Worldwide. Roxanna Weber, CEO of eMax Holdings Corporation, stated that this is the beginning of several new events that will help to consolidate company holdings and operating divisions. eMax Holdings shareholders will receive a new share of stock in eMax Holdings Corporation for each four shares they hold in eMax Holdings Corporation; as of the record date of June 15, 2007. The transactional value equated to EMXC dividend shares are being conservatively valued at $.085/share.
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eMax has now streamlined and set focus operations activities into four surviving subsidiary companies: eMax Technologies, eMax Media, eMax Networks and the Gold Rush Network.
After completing several recent acquisition and merger events, eMax Holdings Corporation has appointed the following managing senior executive officers to help guide the growth of the subsidiary companies: Gerardo Bernard is President of eMax Media, Don Tanner is President of eMax Music, and Dorliss Bright is President of eMax Networks.
Recently the company has appointed Dr. Stefanovic and Dorliss Bright to its Board of Directors. Mr. Stefanovic brings over 35 years' experience in Finance, real estate, Retail, Import/Export and the Hospitality Industries.
The Board of Directors has also renewed their Advisory Board for another two years. The eMax Advisory Board is represented by the following highly respectful professionals: C T Swanton of Swancorp Equities, http://www.swancorp-equities.com, Larry Oakley of http://www.Wallstreetcorner.com, and our legal and financial counselors.
Currently the company is interviewing additional management and director candidate nominees. This week the company will announce additional management appointments. Any individual that would like to be reviewed as a management candidate please send your resume to info@emaxcorp.com.
Roxanna Weber, CEO of eMax, stated, "As we began two months ago, in hopes to finish having all dividends mailed to our shareholders. However, we made an error in judging the necessary timeframe it takes to get filed documents to the proper state offices. We initially planned to have all dividends shares issued by the first of June of this year. Due to the extra administrative timeframe it has taken us to complete the first filing process, the mailing of dividends to our shareholders has been delayed by 45 days. These first set of filed documents is the first phase for eMax to begin filing all corporate filings with the SEC and NASDAQ and become a full reporting public company. The company apologizes for these delays but is working earnestly to expedite the share dividend issuances at this time." All shareholders can expect to see filings made with the SEC and at their website for updated information.
Shareholders can get current investor information at eMax website at http://www.emaxcorp.com/profile_final.htm
About eMax Holdings Corporation
eMax Holdings Corporation (http://www.emaxcorp.com) is a diversified holding company investing in multimedia, entertainment, communication, broadcasting, IT and artificial intelligence technologies, and real estate, energy and finance industries.
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 Holdings Corp.
Roxanna Weber
866-585-2065
info@emaxcorp.com