UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 7, 2006
WINMAX TRADING GROUP, INC.
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(Exact name of registrant as specified in its chapter)
FLORIDA 0-29751 65-0702554
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
48 Wall Street, 11th Floor
New York, New York 10005
(Address of principal executive office)
Registrant's telephone number, including area code 877-693-3130
Item 8.01 Other Events
On or about March 7, 2006, Gerald E. Sklar, Winmax Trading Group, Inc.'s
(hereafter referred to as "our" or "we) President/Chief Executive Officer
submitted to the Securities and Exchange Commission, a Form 144, Notice of
Proposed Sale of Securities. The Form 144 correctly reported that Mr.
Sklar would be offering for sale 271,634 shares of our common stock that
he held. Instead of reporting this data, as accurately reflected in the
Form 144 submitted by Mr. Sklar, certain financial reporting websites
erroneously reported that the Form 144 reflected that Mr. Sklar would be
offering an aggregate of 6,511,634 shares of common stock in the following
increments: (a) 111,634 shares; (b) 3,200,000 shares; and (c) an
additional 3,200,000 shares. Accordingly, these entities incorrectly
reported 6,511,634 shares of common stock as the amount offered for sale
by Mr. Sklar, instead of 271,634, representing the correct amount of
shares, which were actually being offered by Mr. Sklar. Ultimately, Mr.
Sklar only sold 10,000 shares of the 271,634 shares actually reported on
the Form 144 that were offered for sale by him. We became aware of the
improper reports of the shares listed (a) - (c) above as a result of
shareholder calls to our offices.
On the date of the filing of the Form 144 by Mr. Sklar, March 7, 2006, and
as of the date of this filing, we had 34,636,662 and 35,796,662 shares of
our common stock outstanding, respectively. The amount of common shares
actually offered by Mr. Sklar, 271,634, reflects less than one (1) percent
of our outstanding common stock.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
May 3, 2006
WINMAX TRADING GROUP, INC.
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(Registrant)
/s/ GERALD SKLAR
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Gerald Sklar
President and CEO