Bemax Is A Hot Stock To Watch
Bemax Inc (OTCMKTS:BMXC) is a micro-cap player in the consumer staples space. The stock has started to engage some focus among traders and investors as prices get a little traction in bounce mode. The key catalyst of late is the company’s housecleaning on the cap table side, as well as their recent announcement that they are preparing to launch distribution on Amazon.com.
Bemax trumpets itself as a company that engages in the distribution of disposable baby diapers to distributors and wholesalers in Europe and South, East, and West Africa. The company was founded in 2012 and is based in Dallas, Georgia.
According to company materials, “Bemax Inc., is a United States company actively pursuing opportunities in the rapidly growing global Consumer Staples and Household Products Industries. Bemax markets and distributes household products of companies positioned to make a significant impact within the consumer staples market.
“We are into a lucrative market in a growing country. The current population fertility rate increased presents an opportunity for Bemax Inc. to enter and penetrate the disposable baby diaper market. Bemax Inc. is poised to take advantage of this growth rate and minimal local competition, with a dedicated and experienced staff, excellent order procurement, and effective management and marketing. The initial intention will be to distribute disposable baby diaper to wholesalers, and local market retailers throughout South Africa,” said CEO.