SOURCE: Smash Solutions

Smash Solutions

SOURCE: Maxima Group Inc.

August 26, 2015 07:00 ET

SMASH Solutions Closes in on Going Public

SALT LAKE CITY, UT--(Marketwired - August 26, 2015) - SMASH Solutions, LLC/Maxima Group (OTCBB: MXMG) announced today they're making material progress in the execution of their strategic plan to emerge as a publicly traded company.

On June 3rd, SMASH announced that it had acquired a controlling interest in Maxima Group Inc. (OTCBB: MXMG) and stated that this action was the first step in the plan for SMASH to become a publicly traded company. As per the terms of the agreement, the current management at SMASH Solutions assumed full operational control of Maxima Group Inc., a public shell company, with the intent of having SMASH operate functionally as subsidiary of Maxima Group Inc.

In addition, it was stated that that more steps would be needed to be completed to finalize the merger such as completing a multi-year audit of the Smash Solutions' financial statements, approval of the plan of merger by Smash and Maxima, making necessary filings with the SEC, and changing the Maxima Group name and ticker symbol (currently MXMG) to a new name and symbol more closely aligned to the SMASH business.

Since then, SMASH has made material progress in the execution of its strategic plan by:

  • Making 2 key "C" level executive hires with deep operational experience including Claude Walton, Chief Marketing Officer (former Procter & Gamble, Intuit and Yahoo!) Colin Jackson, VP of Finance (former Campbell Soup Company, Exxon Corporation and Capital Dynamics). Together they have made great progress in completing the remaining activities to finalize the merger.
  • Finalizing an important product partnership to re-launch one of its flagship products. SMASH announced last week a strategic OEM partnership with Social5 that is anticipated to drive sales of their SEO Booster Bar solution rapidly, as it is introduced to Social5's nearly 6000 existing customers.

In anticipation of completion of the pending milestones, Colin Jackson, recently appointed SMASH VP of Finance, commented, "I am happy to announce that we are making progress with the multi-year audit and developing the plan of merger. We are excited for what the future holds for SMASH as it moves to become a publicly traded company."

Claude Walton added, "Now that we have launched the first OEM partnership of the Booster Bar, we look forward to executing our joint go-to-market plan with excellence, to establish a solid foundation for growth for SMASH by delighting every single customer."

About SMASH Solutions, LLC. SMASH Solutions is an innovative software solutions firm based in Salt Lake City, Utah. From premier CRM, to cutting-edge business tools, social and SEO solutions, SMASH is the comprehensive answer for any business looking to excel in the digital market. Learn more at www.smashsolutions.com.

Resources:

About SMASH Solutions Video

SMASH Solutions - Investor Overview Video

Booster Bar Introduction Video

Image Available: http://www.marketwire.com/library/MwGo/2015/8/25/11G051848/Images/SmashLogo250-1030621276346.jpg

Embedded Video Available: https://www.youtube.com/watch?v=1fsXijMZ9XM
Embedded Video Available: https://www.youtube.com/watch?v=b78x998QC8Y&list=PLLnyS5aaKaQ3G3hqhrUvWxFiJNp5a4BxU
Embedded Video Available: https://www.youtube.com/watch?v=4yIbZJKfOOQ

Attachment Available: http://www.marketwire.com/library/MwGo/2015/8/25/11G051848/SMASH-Press-Release_Progress_Going_Public__August_-77560082853.pdf

Contact Information

  • Media Contact:
    Vivienne Russell
    Title: Senior Vice President Marketing
    Email: pr@smashsolutions.com
    Phone: (888) 510-5504 ext. 1017
    Address: 10963 S. Riverfront Parkway
    South Jordan, Utah 84095