SOURCE: eMax Worldwide, Inc.

eMax Worldwide, Inc.

April 01, 2010 15:37 ET

eMax Worldwide, Inc. Announces Release of Financials and Full Disclosure Filing

SALT LAKE CITY, UT--(Marketwire - April 1, 2010) -  eMax Holdings Corp (PINKSHEETS: EMXC) recently renamed eMax Worldwide, Inc. releases financials and full disclosure filing and further updates their shareholders of their current activity updates.

The Company's President, Roxanna Weber, stated, "eMax Worldwide has been very busy the past few months working very diligently towards getting in complete fully reporting status and gradually working to up-list the company onto one of NASDAQ's different listing exchanges. Currently all shareholders can now see the company's unaudited financials and a full disclosure filing report through the end of 2009 at their website, http://www.eMaxcorp.com/disclosure/filings.html. The full disclosure document has now been forwarded to FINRA, and it is an abbreviation of all the information the company has submitted to FINRA over the past six months while working to become fully reporting. Next week the company plans to file the Full Disclosure filing and their company financials to Pink OTCMARKETS, www.pinkotc.com with the intent of moving up on the newly begun filing tier system at www.pinkotc.com and becoming more transparent with numerous filings they have prepared to file with Pink Sheets. The current average book value is $.03 and with the most current events at values between $.02 and $.10/share. This price per share does take into effect the fact that the two last dividends being issued to the shareholders in eMax Holdings Corp. carries a book value of $.02/share. The company is waiting for their auditors, Bongiovanni & Associates, Inc., http://www.BAI-CPA.com, to finish reviewing their corporate financials at this time before the company will state the final price per share dividend gain overall to the numerous dividends the company has previously announced and is preparing to mail to the shareholders in the next few weeks. The company has retained the services of McMullen Associates LLC, http://www.mcullenassociates.com as their securities legal counsel. McMullen and Associates is currently preparing the necessary filing materials to enable eMax to become fully reporting and also to file the proper paperwork with the SEC to spin off and register the partly held company, eMax Media Group, Inc. as its own publicly traded company. The company does know that the company's dividends from year 2003 and 2005 price per share gain is much greater than initially reported due to some adjustments they have made this year. This statement is due in part to the fact that the company's Board of Directors has made a decision that the two dividend shares that are currently being issued in the company's name, Freedom Entertainment, from 2003 and the dividend shares issued in year 2005 in the name of Entertainmax, will be granted the right to be exchanged into the eMax Media Group company, and to be registered as freely trading shares on a share for share basis."

Roxanna Weber also stated, "We hope this information helps our shareholders understand that our stock is currently trading way below its current book value and that they should realize that they may see tremendous gains to their stock investments over the next few months. Again we would like to thank every shareholder for their patience and support while we are working very hard towards the end result of becoming fully reporting and moving up to a higher listing with NASDAQ. Also please note that our office has been notified that there is a tremendous amount of shorting going on in our stock at this time."

About eMax Worldwide, Inc.
eMax Worldwide, Inc., (eMaxcorp.com), is a diversified holding company investing in family valued multimedia, entertainment, communication, broadcasting, high-end technologies, and real estate and finance industries through five corporations. eMax Worldwide, Inc. holds stock interest in eMax Media Group., eMax Networks Group, Inc., eMax Technology Group, Inc., eMax Finance, Inc. and Washington Realty Corp.

Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.

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