eMax Worldwide, Inc. Announces eMax Media Inc. has Merged with Mindpix Corp
SALT LAKE CITY, June 7, 2011 /PRNewswire/ -- eMax Worldwide, Inc. (Pinksheets: EMXC), www.emaxworldwide.com, announces their partly held company, eMax Media Inc., has merged with Mindpix Corp (Pinksheets: MPIX).
Roxanna Weber, President of eMax Worldwide, announces: Mindpix Corp has signed a merger agreement with the partly held company, eMax Media Inc. The planned merger was scheduled for June 30, 2011, however both parties have now signed the merger agreement. Mindpix agreed to pay $40 million in their securities to acquire eMax Media Inc. Mindpix Corp issues 400,000,000 shares at $.10/share in exchange for all the common stock in eMax Media. The stock dividend to the EMXC shareholders equates to eMax Worldwide shareholders receiving common stock dividend that equates to one share in MPIX for every 32 shares that is owned in EMXC. This is a $.0031 share stock dividend gain to the eMax Worldwide shareholders. Record date for the event is June 15, 2011. The companies are now preparing the 8K merger terms, to file with the SEC.
Ms. Weber stated, the merger between Mindpix Corp and eMax Media Inc. is great for both companies and their shareholders.
Tom Aliprandi, Chairman of Mindpix Corp, expressed, this merger is clearly in the best interests of our shareholders. To be a part of the promising future of eMax Media Inc. is most welcome.
eMax Media Inc., www.emaxmediagroup.com, is currently packaging 20-30 new music and video collector sets for national chain retail store buyers and other licensing groups internationally. These collector sets are part of a much larger 17,500 song and video collection ranging from the '30's through the '90's.
eMax Worldwide has engaged the investor relations firm Rockport Equity, LLC to handle all future shareholder relations. Rockport has been very successful in working with the capital markets representing the company.
About Rockport
Rockport Equities, http://www.rockportequityllc.com, is a team of investor relations professionals with over 25 years experience in the IR and Broker fields.
About eMax Media
eMax Media Inc. is a diversified multimedia 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 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 Rockport Equity, LLC
David Helmcamp
Dan Capozzi
443-567-6983
[email protected]
SOURCE eMax Worldwide, Inc.
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