NetworkNewsBreaks – Wuhan General Group (China) Inc. (WUHN) Issues Update on Third Quarter Corporate Highlights
Jul 3, 2019
Wuhan General Group (China) Inc. (OTC: WUHN) on Tuesday issued a statement to shareholders and provided a list of its corporate milestones. In the update, the company clarified that Wuhan General Group is a U.S.-registered corporation and has no dealings with any Chinese parties relating to its ongoing business activities. The company has retained the services of a law firm in order to take all necessary steps to file a name change with FINRA to remove any possible confusion with its current name and to better reflect the nature of the business. In addition, the company announced that it is in the process of investigating all options for uplisting and becoming a fully reporting issuer, and it shared updates and milestones, including last month’s purchase of 49 percent of the assets of Biodelta Nutraceuticals Ltd., at a price of $1.567 million, financed by private funding.
To view the full press release, visit http://nnw.fm/cKxm6
About Wuhan General Group (China) Inc.
Wuhan General Group (China) Inc., through wholly owned subsidiary MJ MedTech, is a nutraceutical biotechnology company that researches, develops and commercializes a range of CBD-based products under the Dr. AnnaRx brand. In addition, its new division, M2BIO aims to explore and develop additional indications for psilocybin new therapies that will help patients who suffer from mental illness. Our mission is to advance botanical-based medicine to the forefront by deploying best practice science and medicine, clinical research and emerging technologies. For more information, visit the company’s website at www.WUHN.org
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
More News
Heating oil costs 'more than double' ahead of winter
Middleton in Teesdale has no mains gas supply so many residents use expensive heating oil.
How families are cutting the cost of Halloween as spending grows
Families are turning to homemade costumes, swaps and second-hand outfits to keep it affordable.
Firms 'holding back' on new jobs ahead of Budget
Some businesses say they want to see employment costs come down in the October Budget.
Will a new code end 'rip-off parking charges'?
The prime minister says a new code will end "rip-off parking charges" - but will it work?
Budget 2026: No more fat to trim for 'squeezed middle'
As the chancellor finalises his first Budget, how are the "squeezed middle" feeling about costs?
Four ways Labour could raise money in the Budget without hiking income tax
Chancellor John Healey may need to raise money to boost his fiscal headroom - BBC Verify examines what options could be on the table.
For Clues About How A.I. Will Change Work, Look to the Past
Economists hope earlier episodes of labor disruption, from the Industrial Revolution to the Great Depression, can help us prepare for the age of artificial intelligence.
Six Flags to Add Seatbelts on Roller Coasters After Rider’s Death
The company said that all Six Flags rides and attractions would undergo safety reviews, as the park operator faces lawsuits over safety concerns.
Attention, Passengers: High Airfares May Be Here to Stay
Ticket prices jumped after fuel costs spiked because of the war with Iran, but airlines say even an end to the conflict will not bring fares back down quickly.
5 Takeaways From Our Investigation of Trump’s Waivers for Polluters
Chemical plants and other industrial facilities had been required to curb their toxic emissions. A New York Times investigation shows how they got out of it.
Rising demand from families needing Christmas help
Charlotte Riley says more families are reaching out for help for a variety of reasons.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.