eMax Worldwide Inc. (PINKSHEETS: EMXC) www.emaxworldwide.com, a
socially responsible and diversified holding company, updates their
shareholders on their progress regarding converting approximately
1,007,675,163 shares of common stock into the company's Preferred
Series A stock and, simultaneously, retiring to treasury at least
1,007,675,163 shares of common stock initially. The conversion of
shares is converting the common stock, held by founders of the
company, with an aggregated value of $.025/share or a total of $
25,178,836, into 2,517,883 shares of $10.00 Preferred A Series
Stock. The company currently has approximately 2,650,000,000 common
shares outstanding at this time. The conversion of common stock
into the Preferred A Series Stock, and the retiring of the said
common shares, will bring the current shares outstanding below
1,650,000,000. The company is currently preparing the file articles
of amendment with the State of Utah to decrease their authorized
common stock from 3,500,000,000 to 2,000,000,000 shares.
The company's 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 to
date received more calls from shareholders who desire to convert
than we originally anticipated. This incredible response has
allowed our board to re-evaluate our optimum target share
structure. The revised future goal share structure is now
750,000,000 authorized and 500,000,000 outstanding. We hesitate to
declare a specific date for the completion of this event, to
prevent any missed deadlines; however, it is our intentions to
obtain our optimum share structure within the next three
months.
The Preferred A Series shares will pay 10% per annum interest.
The Preferred A Series Shares of stock will have preferences in
terms of liquidation benefits and superior voting rights.
Redemption will occur on the anniversary date after distribution to
the Preferred A Series Stockholder. The Preferred A Series
Stockholder will be able to redeem their shares, at the
Corporations' sole option, and be able to exchange their Preferred
A Shares for common stock which will be valued at eighty five
percent of the market price of the common stock on the date of
conversions. The company will have the exclusive option to extend
the redemption period another year with an automatic renewal
clause, at the Corporation's sole option.
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, Roxanna Weber, re-states, "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, which we believe provides a solid step
forward in positioning the companies for the future growth in
revenues and acquired corporate assets. The founders of both eMax
Worldwide and eMax Media believe these events will aid in restoring
the company's market capital value to reflect its 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 or
visit their corporate website for further updated information."
eMax Worldwide acknowledges they were expecting to complete the
mailing of several dividends owed to shareholders in eMax Worldwide
this week but the work efforts will currently extend into the next
two weeks for completion. Mrs. Weber states that all shares being
issued will initially be restricted shares. eMax Worldwide and eMax
Media's SEC attorneys will prepare the required filings and
necessary registration statements to be filed with the SEC and
FINRA. eMax Worldwide announced on June 23, 2011, that they filed a
8K with the SEC to announce a new stock dividend to be issued in
the publicly trading company Mindpix Corp. ("MPIX") and on June 28,
2011 Mindpix filed an 8K to announce the terms of the merger with
eMax Media Inc. Both eMax Worldwide and the Mindpix management are
currently working to update all information at otcmarkets.com,
http://otcmarkets.com, FINRA, and with the SEC. Both companies are
very busy with the focus on getting all dividends out to their
shareholders and working with their legal and auditing
professionals to get all their current filings up to date with the
SEC.
eMax Worldwide's office and our investor relations firm,
Rockport Equity LLC, have recently received numerous calls from
shareholders pertaining to their ability to convert their common
shares into the Preferred Series A Stock. Due to these questions,
the company has now placed on their website, www.emaxworldwide.com,
the necessary information and forms associated with any additional
common shareholders' ability to convert their shares into the
Preferred A Series Stock.
eMax Media, Inc., www.emaxmediagroup.com, is currently launching
the first opening phase of their new music portal at
www.emaxmusic.com. eMax Music, a division of eMax Media, has now
published the first 100 songs from their music catalog that
consists of 17,500 plus songs and video collection ranging from the
'30s through the '90s at their emaxmusic portal. eMax Media's music
division is currently packaging a minimum of 20-30 new music and
video collector sets for domestic and international retail store
buyers and other licensing groups worldwide. eMax Media operates a
collection of multimedia and family entertainment content through
four main divisions: eMax Music, eMax Studios, eMax Networks, and
eMax Productions. The four operating areas offer technology-driven,
high-quality products and services focusing in pre-recorded music,
movies, digital media, games, outdoor sports and concert events,
internet e-commerce, feature film production, television programs ,
broadcasting and internet networks.
New Unified Corp's Chairman and CEO, Roxanna Weber, states, "We
have received an abundance of calls specifically asking about our
subsidiary, New Unified Corp." Roxanna Weber stated, "Recently New
Unified Corp. has acquired a vested interest in the publicly
trading company, Green Mountain Development, Corp. Green Mountain
Development, Corp., www.greenbizness.com/blog/, has licensed
products and services related to the energy and environmental
sectors. This year, Green Mountain finalized a joint venture
relationship with C. Trade Group for the development of new
business projects and announced the appointment of C. Trade CEO,
Nick Kontonicolas to their Board of Directors."
Roxanna Weber continued to say, "I personally, and all of our
companies' management, are honored to have the opportunity to work
beside C Trade Group's CEO, Nicholas Kontonicolas, and his
impressive top flight management and operations teams. I have
worked with Mr. Kontonicolas for over seven years now and have
always enjoyed the mutual respectful working relationship and
successful business ventures we have worked on together. I feel
extremely privileged to have the ability to again work with Mr.
Kontonicolas of C Trade Group, and his Global executive management
groups and partners. Green Mountain Corp; we expect this company to
extremely over achieve their expected business plans as stated for
the next several years."
On July 2, 2011 Robert Brehm, CEO of Green Mountain Development
Corp, announced that the company has completed its business
assessment report for rehabilitation and operation of the Beach
Haven Oil Terminal located in Berwick, Pennsylvania in the
Marcellus Shale region. The company reviewed facility alternatives
for fuel distribution, bio-diesel refining and natural gas well
brine water recycling with respect to environmental factors,
financial parameters, and integration with C. Trade's existing
logistics and fuel trading network and extensive experience in
water remediation and management. On May 6, 2011, the U.S.
Department of Energy newsletter, Energy Assurance Daily, featured
the news release announcing that Green Mountain Development and C.
Trade had signed a joint venture to Rehabilitate and Operate 2.5
Million Gallon Beach Haven Oil Terminal in Berwick, Pennsylvania.
The facility is strategically located and has five above-ground
storage tanks with a capacity of over 2.5 million gallons for
processing a variety of fluids. Previously the terminal received
refined products from pipelines, barges and trucks and distributed
petroleum products to third parties for delivery to home owners and
commercial outlets. This facility has extensive connections to the
eastern pipeline system. The facility is large enough to add a
bio-diesel refining operation of 24MM gallons/yr or its tank
storage system could be converted to remediate and recycle brine
water used in gas well production. Recycling brine water for reuse
can significantly reduce the environmental impacts of discharging
the water into rivers and streams, a common practice in
Pennsylvania until earlier this year.
About C. Trade Group C. Trade Group and
affiliates have interests in energy exploration and logistics, real
estate, transportation and technology with affiliated offices in
New York, Shanghai, California, Calgary, Athens, Jinzhou, China and
Abu Dhabi.
New Unified Corp. growth has exceeded all our expectations with
its rapid growth. New Unified Corp. is preparing the foundation to
handle a tremendous amount of new business. The management of eMax
Worldwide did not anticipate this much growth in such a short time.
New Unified Corp. was formed to acquire operating company
investments in the area of income producing 1) Real estate, 2) Oil,
gas and alternative energy companies and 3) commodity producing
operations in the US and international trade activities. The
company's objectives are to acquire companies that will help to put
Americans back to work and produce more USA made products. New
Unified Corp. divisions include: 1) New Unified International Trade
and Commodities Division, 2) New Unified Realty, 3) New Unified
Energy, 4) New Unified Finance and, 5) New Unified
Technologies.
eMax Worldwide has engaged the investor relations firm Rockport
Equity, LLC, www.rockportequityllc.com, to handle all future
shareholder relations. Rockport has been very successful in working
with the capital markets representing the company. eMax Worldwide,
Inc. (www.eMaxworldwide.com) is a diversified holding company
acquiring and growing family and morally valued multimedia,
entertainment, communication, broadcasting, high-end technologies,
real estate, energy, international trade, commodities and finance
industries through two corporations, eMax Media Inc.,
www.emaxmediagroup.com, and New Unified Corp.,
www.newunified.com.
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 Rockport Equity, LLC David Helmcamp Dan Capozzi
443-567-6983 info@rockportequityllc.com