Wuhan General Group/SDT Holdings (OTCBB: WUHN) Achieves Pink Current Status with OTC Markets
July 31 2018 - 8:08AM
InvestorsHub NewsWire
Montreal, QC --
July 31, 2018 -- InvestorsHub NewsWire --
Wuhan General Group (China), Inc./ SDT
Holdings, Inc. (OTC PINK: WUHN) (the "Company"),
a Montreal-based industrial technology holding company serving
various industries through their four subsidiaries, announces major
developments.
The Company
is pleased to announce that OTC Markets have restored its reporting
status to OTC Pink Current Information. Ramy Kamaneh, CEO of SDT
Holdings, states, “I want to thank our internal corporate team for
their outstanding efforts in achieving this very important
milestone. In particular we want to thank our SEC legal team at
Booth Udall Fuller, PLC for their expertise and persistence to
ensure the company adheres to compliance
guidelines.”
Mr. Kamaneh
continues, "The company will seek to obtain formal approval for its
name and symbol change through FINRA in the coming days and will
update our stockholders throughout the process. We now can
move forward with our exciting strategies, roadmap, partnerships,
acquisitions, and managerial additions. We are excited about the
upcoming updates for our shareholders.”
About
SDT
Holdings, Inc. is a Montreal-based industrial technology holding
company that focuses on the development, production and
commercialization of its four subsidiaries, specialized in these
areas: mining electrification, cryptocurrencies / blockchain,
industrial batteries, internet of things and artificial
intelligence for the industrial market. Dedicated to supplying
quality, innovative technologies and battery solutions, SDT
Holdings services the transport, mining, agricultural, Construction
and earthmoving industries.
SDT Holdings, Inc
Publicly traded company (OTC Pink: WUHN)
Website: www.sdtholdings.com
For further information
contact:
Contact: Bruce Haase – Public Relations
Phone: (514) 928-7368b Ext 6
E-mail: info@sdtholdings.com
Forward-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 this press release include
the intent, belief, or expectations of the Company and members of
its management team with respect to the Company's future business
operations and the assumptions upon which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future
performance, and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Factors that could cause these
differences include, but are not limited to, failure to complete
anticipated sales under negotiations, lack of revenue growth,
client discontinuances, failure to realize improvements in
performance, efficiency and profitability, and adverse developments
with respect to litigation or increased litigation costs, the
operation or performance of the Company's business units or the
market price of its common stock. Additional factors that would
cause actual results to differ materially from those contemplated
within this press release can also be found on the Company's
website. The Company disclaims any responsibility to update any
forward-looking statements.
Source: Wuhan General Group (China),
Inc.
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