www.emaxworldwide.com The website
Investor Relations
Rockport Equity, LLC
David Helmcamp
Dan Capozzi
443-567-6983
info@rockportequityllc.com
rockportequityllc.com
Contact:
eMax Holdings Corp.
Roxanna Weber
(850) 638-3920
info@emaxworldwide.com
Sept. 16, 2011
eMax Worldwide Inc. Executes Stock Exchange Agreement with Unitell Worldwide Communication, LLC
eMax Worldwide Inc. Executes Stock Exchange Agreement with Unitell Worldwide Communication, LLC
SALT LAKE CITY, Sept. 16, 2011 /PRNewswire via COMTEX/ -- eMax Worldwide Inc. (OTC: EMXC) has signed an agreement to exchange 400,000,000 144 restricted common stock shares for a 20% stake in Unitell World Wide Communications, LLC. The exchange agreement states that Unitell will receive 400,000,000 shares with a stated value of $.025/share or a value equal to $9,728,123 Unitell will exchange a 20% capital stock ownership in their company for the EMXC shares.
Unitell World Wide generates in excess of an average of $1,400,000 in revenues for the past several years. Currently the company has to expand to keep up with increased contracts. Unitell has received confirmation from their Lender's Bank of a shared credit facility in the initial amount of $6,000,000. The bank has also confirmed their willingness to extend up to an additional amount of $50,000,000. This access to debt financing is more than sufficient to cover Unitell's rapid expansion plans.
Roxanna Weber, Chairman of eMax Worldwide stated- We are very happy to announce the bi-lateral investment acquisition in Unitell Worldwide Communications by eMax Worldwide. This is the first of many new strategic investments and developments that the management of eMax Worldwide will be announcing. The strategic investing and working associations will bring tremendous values to both of our company's shareholders and this thrills me.
Arthur Edwards President of Unitell Worldwide Communications, LLC states "This is major evidence of the synergistic values that both companies can benefit from short and long term. As we position Unitell for a massive expansion, owning an equally shared stake in eMax Worldwide as they have in us provides a newly added unparalleled leveraged position for our company."
About Unitell Worldwide Communications, LLC
Unitell Worldwide Communications, LLC (Unitell), ( www.unitellwwc.com) founded in 2004 and located in Pembroke Pines Florida, is a minority and women owned business. Unitell is classified as an "interconnect company". Unitell is a distributor of major manufacturers of telecommunications equipment and designs, sells, installs, and maintains telecommunications equipment located on the customer premises (CPE). The company's primary focuses are the maintenance and sustainment of the customer premise equipment and in the ongoing modification and upgrade of the equipment. End user relationships are on an "as needed" and/or annual and multi-annual contract basis. Additional offerings include providing outsourced telecommunication professionals (experienced in service, installation, field engineering, system design and implementation, technical support, and project management across the entire product spectrum) on an ad hoc or project basis; and under annual and/or long-term agreements for the company's strategic partners, two of which are among the top five (5) global telecommunication companies.
About eMax Worldwide Inc.
eMax Worldwide, Inc., ( www.eMaxworldwide.com) is a diversified holding company acquiring and growing family and morally valued multimedia, entertainment, communication, broadcasting, high-end technologies, real estate , energy and finance industries through two corporations, eMax Media Inc , www.emaxmediagroup.com and New Unified Corp., www.newunified.com.
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 for eMaxeMax Worldwide info@emaxworldwide.com
Rockport Equity, LLC David Helmcamp Dan Capozzi 443-567-6983info@rockportequityllc.com
SOURCE eMax Worldwide Inc.
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