Business
Wuhan General Group Inc Cancels 5,000,000 Common Shares
Wuhan General Group Inc Cancels 5,000,000 Common Shares.
About this update from Wuhan General Group (china), Inc.
[{"type":"text","content":"CAPE TOWN, SA / ACCESSWIRE / November 22, 2021 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) ("WGG'' or the "Company"), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research is pleased to share the following update:M2Bio Sciences is pleased to announce that 5,000,000 common shares held by the previous CEO have been cancelled. The company has reduced its share capital by 9%. The total number of issued common shares is now 50,999,662. (previously 55,999,662).M2Bio Sciences CEO and Founder Jeff Robinson explains "In our continued efforts to clean up the capital structure of the company and in preparation for a nifty and rewarding 2022, this is merely baby step number one. We are looking forward to executing and delivering by leaps and bounds in the near future."About Wuhan General Group, Inc./ M2Bio Sciences, IncWuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™, and Liviana™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness, and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research, and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol "WUHN".For further information:Publicly traded company (OTC PINK:WUHN)Website: www.m2bio.coE-mail: [email protected] us on Twitter: https://twitter.com/m2bioFollow us on Facebook: http://www.facebook.com/m2bioFollow us on Instagram: https://www.instagram.com/m2bio.sciencesForward-Looking Statements:Safe Harbour Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in thi...