ORLANDO, Fla., Sept. 21, 2011 /PRNewswire/ -- eMax Worldwide, Inc. formerly known as eMax Holdings Corp (Pink: EMXC) www.emaxworldwide.com announces the execution of loan documents in the amount of $50,000,000.00 (Fifty Million Dollars) with Inter Global Investments, LLC. In addition, EMXC has received bank confirmation from Inter Global Investments, LLC.'s shared credit facility. eMax Worldwide has received confirmation from their Lender's Bank of a shared credit facility in the amount of $50,000,000.00 (Fifty Million Dollars).
Roxanna Weber, Chairman of eMax Worldwide stated, "We are extremely excited to report to our shareholders, that today marks the next expansion phase of eMax Worldwide. eMax Worldwide has signed loan documents for 50 million dollars in funding for our expansion and acquisition targets. This single event facilitates completing the buyback and also positions our company to buy and invest in immediate revenue producing companies. Part of the funding will be used to expand the operations of our partly owned company, eMax Media Group, (Pinksheets:MPIX). The growth we have achieved to this point has been exceptional; however, it pales in comparison to the next steps of our business plan objectives. Our company value and potential revenues will grow exponentially going forward. The team has been assembled and is in position to execute our strategies and direction. Many of the items that have been discussed during past interviews are about to become a reality. This is an extremely exciting and busy time for our company, and we look forward to providing details of negotiations, contracts, acquisitions, and agreements as they come to fruition."
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. New Unified Corp. was formed to acquire operating company investments in the area of income producing 1) real estate, 2) oil, gas and alternative energy companies and 3) commodity producing operations in the US and internationally. The company's objectives are to acquire companies that will help to put Americans back to work and produce more USA made products.
About eMax Media
eMax Media Inc. is a diversified multi-media technology/internet entertainment content company which owns, develops, produces and sells music, gifts, events, music CD's, movies, t-shirts and collectibles for distribution to wholesale and retail markets. The company operates a collection of multimedia and family entertainment content through four main divisions: eMax Music, eMax Studios, eMax Networks, and eMax Productions. The four operating areas offer technology-driven, high-quality products and services focusing in pre-recorded music, movies, digital media, games, outdoor sports and concert events, internet e-commerce, feature film production, television programs , broadcasting and internet networks. eMax Media Inc. owns the licensing rights to manufacture and market a music library catalog of worldwide known songs from a list consisting of over 17,500 music master recordings.
About Inter Global Investments, LLC.
Inter Global Investments, LLC. is a private lender focused on providing loans to small and mid-sized public companies by way of shared credit facilities.
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
SOURCE eMax Worldwide, Inc.