Trimax Corp. (TMXN) Relocates Office To Dubai UAE; Introduces New Operating Subsidiaries and Work in Progress
DUBAI, EMIRATES / ACCESSWIRE / April 20, 2015 / Trimax Corporation (PINKSHEETS: TMXN) is pleased to announce that it has relocated its head office to:
Level 41
Emirates Towers
Sheikh Zayed Road
Dubai
United Arab Emirates
http://www.trimaxcorporate.com
Phone: + 971 4 319 7352
The Company brings attention to its last update July 16, 2014 where among other things the management was in preparation of launching separate divisions and completing certain filings.
TMXN operates three separate divisions Agro Commerce, Timeshare of Yachts and an import and export business of yachts and watercrafts, from N America to EU Market. Trimax has recently signed an agreement to acquire “white label” exclusive luxury yachts assembled in China.
The core business of Trimax is the fractional yacht sales. The Company sees Dubai as a perfect vacation playground for its products. The Agro Commerce and import and export business is a work in progress. Trimax operating subsidiary Bayern Industry (http://www.bayernindustries.com/index.html) business model is self-explanatory. Working with other exporters in North America Trimax plans to operate the export business under the brand name Magellan ONE (http://www.magellanone.com/). The Company has also recently opened a Valencia Spain location which will serve dual purpose for the import business and fractional yacht sales in Spain.
More details will follow via SEC filings and OTC Markets update shortly. As these subsidiaries and projects are now maturing and all coming to fruition Trimax management will release news on more timely basis.
Trimax management acknowledges and wish to use this opportunity to thank its long term shareholders for their continued support.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of TMXN that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases “can be,” “expects,” “may affect,” “believed,” “estimate,” “project” and similar words and phrases are intended to identify such forward-looking statements. TMXN. cautions you that any forward-looking information provided by or on behalf of TMXN. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. TMXN actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond TMXN control. In addition to those discussed in TMXN press releases, public filings, and statements by TMXN management, but not limited to, TMXN estimate of the sufficiency of its existing capital resources, TMXN ability to raise additional capital to fund future operations, TMXN ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match TMXN capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. TMXN does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
SOURCE: Trimax Corporation
ReleaseID: 427991