UMAX Group Corp (OTCMKTS:UMAX) Stock Sees Profit Booking At Higher Level

Shares of UMAX Group Corp (OTCMKTS:UMAX) fell a bit in the previous trading session.

Market Reaction

On Wednesday, UMAX stock fell 6.40% to $0.0889 with more than 5k shares, compared to its average volume of 21K shares. The stock has moved within a range of $0.0620 – 0.0889 after opening trade at $0.0660.

Latest News

Nevada company, UMAX Group Corp (OTCMKTS:UMAX), announced on November 17, 2021 that it has a couple of comedic works that have been submitted to be in contention for the 2021 Grammy Awards to be held January 31, 2022, at Staples Center in Los Angeles. Back in May 2021, the UMAX Group acquired Funny Media Group, after which they made the transition into developing comedies, with a full slate of specials and videos.

The first round of Grammy voting opened last week, and the two Funny Media Group productions that is now up for consideration feature Tryf Da Comedian – Best Comedy Album – Symphunny, Vol. 1 (Tryf Da Comedian) and Best Music Video – Me Gusta Latina (Tryf Da Comedian & Snoop Dogg). Tryf has pioneered “Symphunny”-a comedy/music fusion that features raw comedy storytelling with a soulful beat from a live band complete with backup singers and a string section.

Rondell Fletcher, UMAX President and CEO, has high hopes about Tryf’s album to be voted as the best comedy of the year at the Grammy Awards. He is all praises for Tryf and his comedic storytelling style and music direction. Fans can listen to his Symphunny, Vol. 1 that is available on iTunes, Spotify, and Amazon Music. The video for the first song – Me Gusta Latina – has almost 4.5 million views on YouTube.

Key Quote

“We are hopeful that Grammy voters will consider Tryf’s album to be the best comedy album of the year,” said Rondell Fletcher, UMAX President and CEO. “He really is breaking new ground with his comedic storytelling and music direction.”


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