Business & Finance
Business and Finance
Business and Finance
Tue, July 7, 2009
Mon, July 6, 2009 eMax Holdings Corp.: eMax Worldwide, Inc. Files 8-K to Announce Change of Control and Reverses Corporate Stock
SALT LAKE CITY, UT--(Marketwire - July 6, 2009) - eMax Worldwide, Inc., previously named eMax Holdings Corporation (
President Roxanna Weber stated, "Due to the economical hardships many people are having in America today, this has been the reason for capital infusion delays as originally promised by Slavoljub Stefanovic and was agreed in writing; during the sale agreement which was signed last year between Dr. Slavo Stefanovic and E and A Enterprises Trust, Corp. Due to the delays closing the escrow of the agreement, E and A Enterprises decided to rescind the agreement signed and began to work diligently to capitalize, personally, the needs of the company, including working personally to issue the outstanding dividends owed to the corporate shareholders, filing all corporate statements with the SEC and getting eMax into full compliance. All the current Directors of the company appreciate greatly the time spent with the Stefanovic family and wish them well in their family business and endeavors."
Ms. Weber also stated, "Due to the unrest in all the capital markets and on Wall street, the company's Board of Directors and Controlling stockholders have voted unanimously to reverse the stock of the company 1000:1. The company believes this event will allow the company to grow quickly and be in a very good capitalized position to complete some very good business acquisition candidates available at this time that would help our overall companies grow exponentially. The company is working with NASDAQ to effectuate all the changes and the record date will be announced in the very near future. Currently, the company is working on issuing all stock dividends all at one time. You can find all current information always at our websites, [ http://www.emaxcorp.com ], and [ http://www.emaxworldwide.com ]."
As a proactive shareholder, you can speed the process of receiving your stock dividends, if you are holding a corporate stock certificate, by sending to the company's transfer agent, National Stock Transfer Agency, ("NST"), 1512 S 1100 East, Suite B, Salt Lake City, Utah 84105 Phone 801-485-7978 fax 801-466-4677.
Ms. Weber stated, "The Directors of the company would like to thank all shareholders who have called our office or emailed us their current mailing information. We have received all that information and have updated our records. We are preparing to mail all dividends. We would like to advise our shareholders, if you would like to ensure you directly and correctly receive your dividend shares, then we have prepared the following procedures. For everyone holding a stock certificate, please feel free to mail your certificate to the transfer agent for EMAX Holdings Corporation, National Stock Transfer Agency, ('NST'). Please sign the back of the certificate, mail to NST and send the following administration fees as follows. If you would like to change your existing certificate for a new one in the name of EMAX Worldwide, then send $70.00 along with certificate and NST will reissue you the correct certificate. In addition, if you held the certificate during the last two dividend event dates of May 15, 2007 and June 15, 2007 please send an addition $30.00 for each of the two dividend shares certificate you will be receiving. Please make sure you send to the transfer agent your correct mailing information at that time. If a shareholder is holding a certificate in the name of EMAX Corp or Gateways to Space, Inc., you can also follow the directions listed above to exchange your shares in the correct name and to receive your dividend shares, which you are entitled to. We are implementing these procedures so as to help expedite the mailing correctly of dividends to all shareholders and to enable all shareholders to have direct access to our transfer agent, so everyone can monitor the dividend process personally." Ms. Weber stated, "We thank everyone for their support and understanding as we have been moving towards the completion of having all dividends issued to our shareholders." She stated, "You can find all current filings, information and current letters issued by the company's President and other corporate officers and Directors on eMax at their websites. Keep checking back to the websites for current information on the company within the next few weeks and months."
About eMax Holdings Corporation
eMax Holdings Corporation ([ http://www.emaxcorp.com ]), recently renamed eMax Worldwide, ([ http://www.emaxworldwide.com ]), is a diversified holding company investing in networks, multimedia, entertainment, communication, broadcasting, technologies, real estate, energy and finance industries. You can reach eMax at 407-615-2100
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:
