Mindpix Corp., (Pink: MPIX), Acquires Investment in Gilman Mineral Company LLC
ORLANDO, Fla., Oct. 27, 2011 /PRNewswire/ -- Mindpix Corp. (Pink: MPIX) has signed an agreement to acquire 25% interest in Gilman Metal Corp in exchange for 100,000,000 shares of 144 common stock in Mindpix Corp (MPIX). Gilman Metals Corp owns Certified high grade mineral concentrates containing precious metals including gold, silver, platinum, palladium, rhodium, osmium, iridium and ruthenium, worth in excess of $1,200,000,000. Mindpix will own a twenty five percent of all income and assets held by the emerging new technology and mineral company. Today, a $500 Million loan has been arranged, by Mindpix and Inter Global Investments, LLC. into Gilman Metals Company.
Mindpix Corp has recently updated their disclosure and financial information at OTCMarket. All files can be found at www.otcmarkets.com/stock/MPIX/financials
Roxanna Weber, CEO of Mindpix Corp., stated, "We are very jubilant with the equity arrangement Mindpix has made with Mr. Galvin and everyone at Gilman Minerals Company. The partnership between our companies will allow our companies together and separately to make huge positive impacts around the world in so many industry sectors. A joyous day it is at Mindpix Corp. We are humbled that the Gilman Metal Company chose our family valued company to partner with."
Richard Galvin, President of Gilman Metals Company, stated today, "that a $500 Million loan has been arranged by Mindpix into Gilman Metals. The Loan is being secured by several standby letters of Credit (SBLC) that will be issued from one of the Top 25 Banks. Richard Galvin, a 4th generation oil, gas and mining entrepreneur and President of Gilman, has held a lifelong vision - promoting and driving a technology here in the US which will have an enormous impact on environmental waste mining. With the benefit of only private funds, Gilman Metals will recognize the inherent value of new technology driving a cleaner environment and the reclaiming of our precious natural resources thought lost forever"
About Gilman Metals Company, LLC
Galvin Investment Company, LLC (GIC), a Colorado Limited Liability Company, was formed on June 1st, 2005 for the main purpose of managing, acquiring and refining concentrated metals to extract precious metals via a process using a new plasma arc technology. This new endeavor captures and separates highly valued precious metals from hazardous trash while cleaning it up at no cost to the tax payer and creating substantial wealth and income in the US. This innovation has proven successful in its "closed-loop technology" which creates energy while cleaning up Super Fund type projects on the global stage.
About Mindpix Corp.
MINDPIX CORP (MPIX), www.mindpix.com, is a diversified multi-media technology/internet entertainment content and communications company which owns, develops, produces and sells music, homevideos and television broadcasting, gifts, events, clothes, and collectibles for distribution to wholesale and retail markets. The company operates a collection of multimedia and family entertainment content through four main divisions: eMax Music, eMax Studios, eMax Networks, and eMax Productions. eMax Media Inc. owns the licensing rights to manufacture and market a music library catalog of worldwide known songs from a list consisting of over 17,500 music master recordings.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward looking statements involve risks and uncertainties, including, without limitation, the future press releases of eMax.
Contact for Mindpix [email protected].
eMax Media at 850-638-3920
407-434-1743
SOURCE Mindpix Corp.
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