SOURCE: eMax Holdings Corporation

February 18, 2011 12:58 ET

eMax Worldwide, Inc. Releases 2010 Un-Audited Financials

SALT LAKE CITY, UT--(Marketwire - February 18, 2011) - eMax Holdings Corp. (PINKSHEETS: EMXC), recently renamed eMax Worldwide, Inc., a diversified socially responsible investment holding company, announces the release of UN-Audited financials for year 2010.

The company is issuing an overview to the financial information as follows:

The company 1. Had increased revenues and net profits this past year. 2. The company has funded corporate growth activities last year with money invested by several outside companies and founders of the company. 3. Paid all the costs associated with the mailing of four different stock dividends from years 2003, 2005, and 2007 to our shareholders. The two stock dividends in eMax Worldwide from year 2007 going to the shareholders of record at that time carry a book value of $.02 per share. 4. The current book value of the company's common stock is $.02 per share. 5. Formed a new Subsidiary, New Unified Corp, to acquire operating company investments in the area of income producing real estate, oil, gas and alternative energy companies and commodity producing operations in the US. 6. Has finalized the preparation of a 20 Million Dollar Private Placement Memorandum for eMax Worldwide Convertible Preferred A Stock. 7. Is prepared to finish all final audits and filings necessary to be filed with the SEC to become fully reporting as soon as the professionals engaged can complete these tasks. 8. The company has begun buying their common stock back out of the open market and will continue to buy common stock this year until the stock reaches at least $.50 per share value. The financial information can be found at http://www.emaxworldwide.com/download/emaxworldwidenumbers_12312010.pdf

About eMax Worldwide, Inc.
eMax Worldwide, Inc. (www.eMaxworldwide.com) is a diversified investment holding company acquiring and growing family and morally valued multimedia, entertainment, communication, broadcasting, high-end technologies, and real estate, energy and finance industries through two corporations.

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 Information

  • Contact:
    eMax Worldwide, Inc.
    Roxanna Weber
    850-638-3920