Winmax Prepares for Sale
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| Posted
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Mon, 09 Nov 2009 20:06:51 GMT |
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Winmax Trading Group, Inc. |
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NEW YORK, NY -- 11/09/09 --
Winmax Trading Group, Inc. (Winmax)
(PINKSHEETS: WNMX), pursuant to the news release of October 6, 2009 "Winmax
Enters Into Non-Binding Agreement," is pleased to announce that it has
reorganized bnetTV.com, Inc. and all of the bnetTV related entities into
one subsidiary, Bnet Communications, Inc. (a Nevada corporation).
"bnetTV.com has spent over eight years covering many events globally, and
interviewing companies from their infancy through to their successes.
Today's purchase by Google of the mobile advertising firm AdMob is just one of the many examples of
companies that bnetTV has covered over the years. Thus, the bnetTV video
library has a tremendous value. The contemplated transaction will further
unlock this value and display bnetTV.com's competitive advantage to our
shareholders," said Gerald E. Sklar, President and CEO of Winmax Trading
Group, Inc.
Winmax Trading Group, Inc. is still on pace to execute its definitive
agreement for the sale of this subsidiary.
The Company invites its shareholders, stakeholders, and interested
participants to be informed and up to date on the company by opting in at
the company's website www.winmaxtradinggroup.com and receive the weekly
newsletter from Winmax Trading Group's subsidiary bnetTV.com, Inc.
www.bnettv.com.
About bnetTV.com
bnetTV.com, Inc. is a leader in online
broadcasting in the emerging technology & the growing lifestyle sectors.
bnetTV.com, Inc. travels globally
covering world class conferences in Asia, Europe & North America. bnetTV.com, Inc. is a wholly owned
subsidiary of Winmax Trading Group, Inc. (PINKSHEETS: WNMX) with offices in
New York, New York, Orlando, Florida and Calgary, Canada.
This release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21B of the Securities
Exchange Act of 1934. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that could cause the actual
financial or operating results of Winmax Trading Group, Inc. and its
subsidiaries, including bnetTV, Inc., thegemstore.com, Inc. and Winmax
Media, Inc. (hereafter collectively referred to as "the Company," "we,"
"our" or "us") to be materially different from the historical results or
from any future results expressed or implied by such forward-looking
statements. The words or phrases "would be," "may allow," "intends to,"
"may likely," "are expected to," "may continue," "is anticipated,"
"estimate," "project," or similar expressions are intended to identify
"forward-looking statements." Such statements include those concerning our
expected financial performance, our corporate strategy and operational
plans. Actual results could differ materially from those projected in the
forward-looking statements as a result of a number of risks and
uncertainties, including: (a) intense competition in the webcasting, online
media, web development design, Internet solutions, e-commerce, and retail
E-business; (b) whether we are able to manage our planned growth
efficiently, including whether our management will be able to identify,
hire, train, retain, motivate, and manage required personnel or that
management will be able to manage and exploit existing and potential market
opportunities successfully; (c) whether we are able to generate sufficient
revenues or obtain financing to sustain and grow our operations.
bnetTV.com, Inc., TheGemstore.com, Inc., and Winmax Media, Inc. all are
wholly owned subsidiaries of Winmax Trading Group, Inc. All of the
agreements and event coverage that each of the subsidiaries have entered
into should not be construed by any means whatsoever as having any impact
on or a reflection of the Company's future stock price or future financial
results.
Video-Link Available: http://www2.marketwire.com/mw/frame_mw?attachid=1110142
For further information, please contact:
Dave Young
Vice President and Investor Relations
Phone: 877 693-3130
Email: Email Contact
http://www.winmaxtradinggroup.com
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