Here is the PR, READ ALL OF IT, MANY MORE GREAT POINTS TO BUY THIS STOCK NOW! IMO.
As of 3:33 PM ET 11/24/10 eMax Holdings Corp. (PINKSHEETS: EMXC), recently renamed eMax Worldwide, Inc. (www.emaxworldwide.com), today announced that they have commenced a buy back program of their common stock. The CEO, Roxanna Weber, stated the buy back program will be multifaceted. Roxanna Weber stated, on Monday of this week, "We have started to buy stock out of the open market." As the company acquires the shares they will request their brokerage firm monthly to remove the shares from the float by ordering up certificates and this measure will begin to reduce the shares in the float. Also, over the past two weeks, the company has successfully enlisted the support of other investment groups to suggest they should buy shares out of the market and accumulate for long term investments. In addition, the company is preparing in the very near term to establish and implement a fixed price tender offer, with a premium offered over the current market price, and to further state that the company believes the company's equity is undervalued. The company is committed and is preparing currently to file any and all necessary filings with the SEC, NASDAQ, and the OTCIQ markets representing their quarterly buy back activities. The company truly is committed to the share buy back program for a very long time and to such time as the company's market value is reflective of its true book value.
About eMax Worldwide, Inc.
eMax Worldwide, Inc. (www.emaxworldwide.com) is a diversified holding company investing in family valued multimedia, entertainment, communication, broadcasting, high-end technologies, and real estate and finance industries through two corporations: EMAX Media Group and EMAX Finance, Inc.