eMax Worldwide Inc. Invests into Metal and Iron Salvage and Recycling Operation in Georgia
eMax Worldwide, Inc., previously named eMax Holdings Corporation, signed an investment agreement with Hubbard Iron and Metal Salvage to buy twenty five percent interest in all the operation business, assets and revenues and sales. eMax Worldwide will invest $1,000,000 to purchase twenty five percent interest in the company and eMax will pay the investment in the form of exchanging 1,000,000 shares of their common stock; at a stated value of $1.00 per share.
eMax’s CEO, Slavo Stefanovic today stated, “At this time, we are preparing to increase the value of the company by acquiring an equity interest in companies that will complement the operations of eMax current and new core areas of business. I have known The owners of Hubbard Iron and Metal Salvage company for over five years. We intend to add additional capital, management and marketing resources so as to expand the current $1,080,000 a year unique recycling company into a very large new innovative recycling plant in the southeastern part of the US. The recycling company has some very interesting operations we will help to enable the company to expand in several new areas of green energy and recycling businesses. The management of eMax believes our common stock has a minimum value of $1.00 per share and intend to maintain a minimum value of $1.00 or greater per share for all new investments we are currently making on behalf of the company and for all of our shareholders.”
eMax Holdings Corporation (http://www.emaxcorp.com), was recently renamed eMax Worldwide, (http://www.emaxworldwide.com) is a diversified holding company investing in multimedia, entertainment, communication, broadcasting, technologies, real estate, finance oil and gas, transportation, alternative energy and gold industries.