Umax Group Corp. on September 13, 2013, entered into a term sheet agreement for the engagement of a new Chief Executive Officer. The Board of Directors has appointed Gerald Edick, of Corona Del Mar, California for a period of six months, renewable for an additional six months, after which the plan is to engage Mr. Edick permanently.

The two terms are intended to provide review periods for performance based terms and incentives in the Agreement. Mr. Edick will take over the reigns as UMAX CEO on September 15, 2013, when he will add his marketing and entrepreneurial experience, along with his extensive business contacts, to the company's new UMAX plan of operations. Mr. Edick will be responsible for implementing UMAX's marketing and advertising campaigns, which include radio and internet based marketing programs and will bring new celebrity product endorsements and promotional campaigns to UMAX, as well as negotiate the company's rollout of new procurement and distribution plans for the growing UMAX product line of nutritional and enhancement supplements.