STOCK TITAN

UMAX GROUP CORP. - Funny Media Group Records 2M YouTube Milestone in Only 50 Shows

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

UMAX Group Corp. (OTC PINK:UMAX) continues to expand its comedy content through its Funny Media Group subsidiary, achieving 2 million YouTube views with only 50 shows. Following its acquisition in May 2021, UMAX has committed to comedy as a primary focus for generating cash flow and maximizing shareholder returns. With 200 shows recorded and 150 yet to be aired, the company plans to begin Season 2 taping on March 1, 2022. The long-term vision includes producing content for major streaming platforms like Netflix and Amazon.

Positive
  • Achieved 2 million views on YouTube in only 50 shows.
  • Plans to produce content for major streaming services.
  • Transitioned to comedy for better cash flow and shareholder returns.
Negative
  • None.

LOS ANGELES, CA / ACCESSWIRE / February 24, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, continues to release comedy specials under its Funny Media Group subsidiary and recently hit 2 million YouTube views in only 50 shows.

After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's investment.

Rondell Fletcher (UMAX President and CEO) says 200 total shows have been recorded, with 150 remaining to be released.

"We are continuing excellent growth, and grabbing a significant audience," Mr. Fletcher says.

Season 2 of comedy shows will start taping March 1, 2022, Mr. Fletcher said.

The shows are filmed in the Comedy Cube, Funny Media Group's state-of-the-art facility in downtown Los Angeles. Shows are released on Mondays, Wednesdays, and Fridays.

Mr. Fletcher has an extensive background in production and media. He has owned his own production studio in Los Angeles for the past 19 years and has produced national shows for CNN, FOX, Food Network and Comedy Central, among others.

The short-term goal for Funny Media Group is to produce content for streaming services such as Netflix and Amazon with the long-term goal of building a large media catalog for acquisition.

Funny Media's comedy show content taped at the Comedy Cube:

https://www.youtube.com/c/FunnyMediaGroup

About Us

UMAX Group Corp. is a Nevada corporation, is a public-quoted Pink Sheet issuer under the ticker symbol "UMAX". UMAX reports as an alternative reporting issuer with OTC Markets Group, Inc. and is current in its mandatory required filings (E.g., "Pink Sheet Current").

Disclaimer Regarding Forward Looking Statements

Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions.  In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties, and assumptions.  Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.  We caution investors not to rely unduly on any forward-looking statements.

Company Information
UMAX Group Corp.
2020 Bay Avenue
Los Angeles, California 90021
Website (FMG): https://funnymediagroup.com/
Website (FMS): https://BroadcastWest.com/
Instagram: https://www.instagram.com/funnymediagroupofficial/?hl=en
YouTube: https://www.youtube.com/c/FunnyMediaGroup
Investor Relations: Jack Zietz
Email: investors@umaxgrpcorp.com

SOURCE: UMAX Group Corp.



View source version on accesswire.com:
https://www.accesswire.com/690180/UMAX-GROUP-CORP--Funny-Media-Group-Records-2M-YouTube-Milestone-in-Only-50-Shows

FAQ

What recent milestone did UMAX Group Corp achieve on YouTube?

UMAX Group Corp achieved 2 million YouTube views with only 50 shows.

When will the second season of UMAX's comedy shows begin taping?

The second season of comedy shows will start taping on March 1, 2022.

What is the focus of UMAX Group Corp's subsidiary, Funny Media Group?

Funny Media Group focuses on comedy content development to drive cash flow and returns for shareholders.

How many shows has UMAX recorded and how many are left to be released?

UMAX has recorded 200 shows, with 150 remaining to be released.

UMAX GROUP CORP

OTC:UMAX

UMAX Rankings

UMAX Latest News

UMAX Stock Data

35.24k
65.47M
Entertainment
Communication Services
Link
United States of America
Los Angeles