The Production plant will manufacture Bemax disposable baby diapers brands for the West, East and South African markets, and eliminate the substantial costs associated with customs clearing. The Company will continue to use quality U.S manufacturer to meet customers demand for the U.S and European markets.
Construction of the production facility will commence in October of the current year. The project is estimated to be completed in June of 2019. When completed, the facility will house both the Companys production plant, as well as space for commercial leasing to provide additional revenue stream to the Company.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on i ts behalf by the undersigned hereunto duly authorized.
Date: May 17, 2017
By: /s/ Taiwo Aimasiko
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Other recent filings from the company include the following:
Change in Registrants - July 18, 2018
Suspension of duty to report [Section 13 and 15(d)] - July 12, 2018