SALT LAKE CITY, UT--(Marketwired - June 04, 2015) - Smash Solutions, LLC announced today that it has acquired controlling interest in Maxima Group, Inc., through the purchase of 81% of its outstanding shares, marking the first step in Smash Solutions' plan to become a publicly traded company. Per the terms of the agreement, Smash Solutions' current management has assumed full operational control of Maxima Group, Inc., a public shell company, with Jerry Ulrich, CEO of Smash Solutions, now serving as sole director.
Upon completion of a final audit of Smash Solutions' financial statements, Smash Solutions intends to have its operating business function as a subsidiary of Maxima Group Inc. In addition, Smash Solutions anticipates changing the Maxima Group trading symbol, which is currently MXMG, to one that more accurately reflects the current SMASH business model. Maxima Group, Inc. recently completed a 40-to-1 split of its common stock, effective March 23, 2015.
In response to the announcement, SMASH CEO Jerry Ulrich commented, "When we officially launched SMASH nearly three years ago, I had a specific vision for the company. Today the first steps to making that vision a reality have been completed. I couldn't be more excited and grateful to everyone who's made this possible. There are still quite a few exciting announcements on the way, so stay tuned!"
SMASH President Carl Doane added, "We believe this is the first step in taking SMASH to the next level. There are so many more exciting plans being put into place and we can't wait to share them with the public soon."
About Smash Solutions, LLC.
SMASH Solutions is an innovative software solutions firm based in Salt Lake City, Utah. From premier CRM, to cutting-edge business tools, social and SEO solutions, SMASH is the comprehensive answer for any business looking to excel in the digital market. Learn more athttp://www.SmashSolutions.com.
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