Business
Majic Wheels, Corp. Responds to Non-Authorized Third-Party Stock Promotion and affirms its Ongoing Partnership with SEQUIRE and the SRAX Platform to Establish Increased Transparency and Compliance
Majic Wheels, Corp. Responds to Non-Authorized Third-Party Stock Promotion and affirms its Ongoing Partnership with SEQUIRE and the SRAX Platform to Establish Increased Transparency and Compliance.
About this update from Majic Wheels Corp.
[{"type":"text","content":"\n Houston, Texas, March 23, 2022 (GLOBE NEWSWIRE) -- Majic Wheels, Corp. (OTC Pink: MJWL) (\"Majic\" or the \"Company\"), $MJWL a Delaware corporation, responds to promotional activities not sponsored and or approved by the Company and affirms its partnership with SEQUIRE using the SRAX ($SRAX) platform for investor awareness, transparency, and compliance. “It is imperative that we update our shareholders regarding our continued commitment to “Best Practices for Compliance and Transparency,” commented David Chong, Majic Wheels, Corp. Chief Executive Officer.  The Company does not authorize or approve any third-party promotional activities relating to its ticker “MJWL”, any social media and or various media outlets not listed on the Companies OTCIQ profile page can not be relied upon as factual. We are affirming our partnership with SEQUIRE and the SRAX Platform to build awareness and educate our Company’s long-term vision and goals. The SRAX Platform helps us better understand the demographics of the markets we operate in.  In addition, our partnership with SRAX will allow the Company to properly tailor the marketing and communication strategies using the most efficient channels to reach out to consumers, shareholders, and investors. SRAX is uniquely positioned as a financial technology and digital marketing company. The Company believes this partnership will propel SRAX and Majic Wheels. Corp. to achieve better transparency and compliance within our investor community. \"We have been working with the SRAX platform for just a few months. We are confident their expertise in the disruptive industries of Fintech, software development and cryptocurrency enhanced by their superior digital marketing platform, is well suited for our needs now and in the future,” further commented David Chong, CEO Majic Wheels, Corp. ABOUT MAJIC WHEELS, CORP. (“MJWL”) Majic Wheels Corp Inc., a Delaware holding corporation, has positioned itself as a major player in the disruptive industries of Fintech and software development by means of multiple acquisitions. The Company's first acquisition is the cryptocurrency exchange, cryptocurrency mining farm and custody services platform: Calfin Global Crypto Exchange (CGCX) followed by 26% equity stake of Bamboo Wellness Holdings Limited. MJW...