Majic Wheels Corp. Announces Changes to its Fiscal Year

HOUSTON, TEXAS, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Majic Wheels Corp. (OTC: MJWL), a Wyoming-based holding company priming itself as a mainstay in the disruptive tech space through strategic mergers and acquisitions, has announced a change to its fiscal year.

1. The company’s fiscal year-end has been changed by the company from 12/31 (31 December) to 6/30 (30 June).

2. The company has posted its audited financials for the fiscal year ending 30 June 2022 on its official website:

This news follows Majic Wheel Corp.’s recent announcement of the appointment of Mr. Sathyanandham Anguswami as the company’s new CEO

For more on Majic Wheels Corp., please refer to its website:

About Majic Wheels Corp.

Majic Wheels Corp., listed and traded on the Over-the-Counter Market (OTC) under the trading symbol “MJWL”, is a Wyoming holding corporation positioning itself as a power player in advanced, disruptive industries like Fintech, Insurtech, software development, and crypto via thoughtful and varied acquisitions.

Composed of a team with multiple decades' worth of experience and diverse backgrounds that grant them matchless insight and analysis capabilities, Majic intends to be two steps ahead of the fast-paced, ever-changing, competitive crypto market.

For additional information on Majic Wheels Corp., please refer to the company’s website: 

SAFE HARBOR STATEMENT

This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

SOURCE: Majic Wheels Corp.

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