DALLAS, Ga., Nov. 16, 2015 /PRNewswire/ -- Bemax Inc. (OTCBB: BMXC) announced today that it has received an $260,000 purchase order for the supply of its private-label Disposable Baby Diaper from an existing client, a major distributor of the Disposable Diaper in the emerging South and East African markets.
This is the first purchase order resulting from the long-term supplier agreement filed on November 16, 2015. The new purchase order complement Bemax online sales currently at $73,500 since its launch last month.
"We are pleased to see the value and market advantages provided by our private-label disposable baby diapers being recognized by some of the most reputable major distributors in the industry. The size of this purchase order clearly confirms the anticipated growth in demand for our private-labels that we expect to see going forward as we strive to increase shareholders' value," stated Taiwo Aimasiko, Bemax's CEO.
About Bemax Inc.
Bemax Inc. exports Disposable Baby Diapers from U.S. and Canada and distributes in London, South Africa and other emerging markets. We also export from manufacturers from Asia and distribute to other growing markets. Bemax focuses on an extensive and far-reaching global network among wholesalers, large discounting retailers and supermarkets as well as entry into the ecommerce arena to reach households directly through subscription orders. We focus to supply our clients with disposable baby diapers from manufacturers in North America where quality is superior. Please visit the company website at www.bemaxinc.com.
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For information, please contact:
625 Silver Oak Drive
Dallas, GA 30132
SOURCE Bemax Inc.