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Majic Wheels Corp. (MJWL)

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CGCX.io WHITEPAPER - https://foxtailmarketing.com/wp-content/uploads/2018/09/CGCX-Whitepaper-V5.pdf
 
MERGER with CGCX is COMPLETE-

Majic Acquires The Calfin Global Crypto Exchange: CGCX
Houston, Texas, June 30, 2021 (GLOBE NEWSWIRE) -- Majic Wheels, Corp. (OTC:MJWL) ("Majic" or the "Company"), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, announces completion and closing of Calfin Global Crypto Exchange ("CGCX").

Final terms of the acquisition were satisfied with the Company becoming current and completing the last pending restructuring items. As such the Board of the Company, having completed its due diligence and sent final agreement for execution.

"Months of around the clock work went into preparing Majic for this landmark moment. We are proud to have reached this milestone by becoming current and settling previous liabilities of the Company to the satisfaction of our acquisition candidate. Now that terms have been satisfied and the acquisition is executed, we look forward to the next steps in the Majic journey." said David Chong, Chief Executive Officer of Majic Wheels, Corp.

"It is a fantastic time for CGCX. Spreading our wings globally through this merger with Majic will help expand the reach of our blockchain solutions and create an impact worldwide." said Anandh Swami, Chief Executive Officer of CGCX.

The acquisition of CGCX which is valued at USD 153.2 Million is conducted on an all-equity basis with the respective CGCX shareholders receiving Restricted and Preferred shares of Majic. With the acquisition being closed, the Company will be releasing more information and details on CGCX moving forward. To that end, the Company wishes to remind shareholders and prospective investors that it will be hosting an online presentation in the month of July. The details of which will be shared shortly. To receive updates about the specific details of the time and place, please register on our website here:


https://majiccorp.co/




AS OF 2021 Q-1 Filing ( 6-21-21 ) the FLOAT here is ONLY 650,626,720-WEEEEEEEEE

Updated 6/16/21- No Change in Share Structure .....OTC Markets

https://www.otcmarkets.com/stock/MJWL/security

06/06/2021

Outstanding Shares-

1,196,292,565


Restricted

339,397,460

Unrestricted
856,895,105



Estimated Float of 650-750 MILLION....LOW FLOATER 

Majic Wheels Corp. to Enter Blockchain & Crypto Industry Through 150M Acquisition

Houston, Texas--(Newsfile Corp. - May 21, 2021) - Majic Wheels Corp. (OTC Pink: MJWL) ("Majic" or the "Company"), a Delaware corporation, is pleased to announce today that it has executed a binding letter of intent to acquire a USD 150M revenue producing cryptocurrency exchange and custody services platform: CGCX Ltd.



CGCX Ltd.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7985/84855_57d730c634ec9a02_001full.jpg

Founded in 2018, Calfin Global Crypto Exchange ("CGCX") set out to offer highly sophisticated cryptocurrencies services catering for the larger blockchain community.

CGCX has already established a crypto trading platform and custody solutions. In the latter, it is one of the first participants to offer insurance to some of its clients.

With the backing of a highly experienced team with deep expertise in Equity, Futures Market and corporate finance, CGCX coupled its knowledge of the traditional markets with the fast-growing cryptocurrency market to develop innovative products that fulfill the needs of cryptocurrency users in select markets (Malaysia, India, Mauritius, UAE).

Developing various software solutions for the broad cryptocurrencies market, CGCX has established three different business lines that complement the needs of the cryptocurrency market.

Listed below are the three business lines that CGCX has built:

1. CGCX Exchange

2. Custody Services

3. Cryptocurrency Mining

"This is a unique assortment of value propositions that we are able to bring into the company. With the pending acquisition of CGCX, our company will bring a Digital Asset Platform that brings value from the diversified business model and security to the clients through insurance and infrastructure offering services such as Crypto Exchange, Digital Custody Services and Token Listing Platform under one-fold. CGCX has been operating successfully since 2018 and we could not be more excited with this pending merger," said David Chong, CEO and Director of Majic Wheels Corp.

The Company will be publishing more details about CGCX in the coming weeks and will host an online presentation. A subsequent press release will be issued with an invitation to the online presentation.

About Majic Corp. Inc.

Majic Corp Inc., a Delaware corporation, intends to position itself as a player in the disruptive industries of and Fintech and software development by means of an acquisition and merger. Majic Wheels Corp. is listed and traded on the Over-the-Counter Market under the trading symbol "MJWL".

For more information about the Company visit:

Our OTC Markets Profile: https://www.otcmarkets.com/stock/mjwl/overview
Our website is: https://majiccorp.co/
Our Twitter account is: https://twitter.com/MajicCorp

About CGCX Ltd.

Founded in 2017, Calfin Global Crypto Exchange CGCX set out to offer a highly sophisticated cryptocurrency exchange for a seamless & secure crypto trading experience. Unlike most exchanges that offer only cryptocurrency trading, CGCX caters to the larger blockchain community by providing four services under a single platform.

CGCX website: https://www.cgcx.io

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.

FOR MORE INFORMATION, PLEASE CONTACT:

David Chong
Email: info@majiccorp.co


 

Majic Wheels Corp. Announces Upcoming Online Investor Presentation

Houston, Texas--(Newsfile Corp. - May 25, 2021) - Majic Wheels, Corp. (OTC Pink: MJWL) ("Majic" or the "Company"), a Delaware corporation that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, will be hosting an online investor presentation further elaborating details on its pending acquisition of Calfin Global Crypto Exchange CGCX. The Company would like to invite shareholders and prospective investors to sign up for the upcoming presentation.

The Company, on Friday 21st of May 2021, announced its binding LOI with the Calfin Global Crypto Exchange ("CGCX"). Further to that announcement, the company wishes to present more details to its shareholders and prospective investors during an online presentation that will be announced in the coming days. To that end, the Company invites everyone to the Corporate Newsletter to receive updates about the upcoming presentation.

"With the recent announcement of our pending acquisition of the Calfin Global Crypto Exchange, we have received a lot of interest and questions from the investor community. To that end, we wish to host an online presentation to provide further details about CGCX," said David Chong, CEO and Director of Majic Wheels Corp.

To sign up, visit our website: https://majiccorp.co/.

About Majic Corp. Inc.

Majic Corp Inc., a Delaware corporation, intends to position itself as a player in the disruptive industries of and Fintech and software development by means of an acquisition and merger. Majic Wheels Corp. is listed and traded on the Over-the-Counter Market under the trading symbol "MJWL".

For more information about the Company visit:

Our OTC Markets Profile: https://www.otcmarkets.com/stock/mjwl/overview
Our Website is: https://majiccorp.co/
Our Twitter account is: https://twitter.com/MajicCorp

About CGCX Ltd.

Founded in 2017, Calfin Global Crypto Exchange CGCX set out to offer a highly sophisticated cryptocurrency exchange for a seamless & secure crypto trading experience. Unlike most exchanges that offer only cryptocurrency trading, CGCX caters to the larger blockchain community by providing four services under a single platform.

CGCX Website: https://www.cgcx.io

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.

FOR MORE INFORMATION, PLEASE CONTACT:

David Chong
Email: info@majiccorp.co


 




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MJWL News: Majic Wheels reports Q3 results 11/21/2021 11:50:13 PM
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PostSubject
#10525  Sticky Note MERGER with CGCX is COMPLETE-LOOKSIE Below Bud-Wiser 06/30/21 04:11:14 PM
#13849   I don't believe it is a scam. I head22 12/08/21 05:08:21 PM
#13847   Non binding LOI's mean nothing. Just like Attorney head22 12/08/21 04:45:17 PM
#13846   Anyone notice how this easily broke through $0.10 Laster 12/08/21 03:24:22 PM
#13845   GIVE ME SOME 7’s PLEASE. Laster 12/08/21 03:20:03 PM
#13844   So close to $0.08 I was getting excited. Laster 12/08/21 03:14:48 PM
#13843   WILL $0.08 HOLD????????? Laster 12/08/21 02:14:04 PM
#13842   GOOD MORNING MAJIC MAKERS Bud-Wiser 12/08/21 10:05:18 AM
#13841   I think it's just good old fashion enthusiasm antman 12/07/21 06:10:21 PM
#13840   Most likely got tired of the trash talking Pencow 12/07/21 05:15:18 PM
#13839   Don’t mind waiting on this. Long term gains absintheminded90210 12/07/21 11:54:37 AM
#13838   GOOD MORNING MAJIC MAKERS Bud-Wiser 12/07/21 10:31:44 AM
#13837   Just looked at the chart. Laster 12/06/21 08:35:25 PM
#13835   Personally I think it is an all out head22 12/06/21 02:52:26 PM
#13834   Hey bro have you seen stock price lately? Laster 12/06/21 02:44:55 PM
#13833   It's true that about 90% of stocks are antman 12/06/21 01:45:46 PM
#13831   Expecting this to go even lower this week. head22 12/06/21 10:18:09 AM
#13830   We will tank this week. $.05 or lower jimmirehman 12/06/21 09:34:04 AM
#13829   I wish that were true jimmirehman 12/06/21 09:33:49 AM
#13828   GOOD MORNING MAJIC MAKERS Bud-Wiser 12/06/21 09:04:02 AM
#13827   NO # 7 or 8 buses Making any Bud-Wiser 12/06/21 09:03:53 AM
#13826   Delay after delay after delay. Laster 12/05/21 11:29:22 PM
#13824   https://twitter.com/MajicCorp/status/1467674436346126336?t=1134NTbGX2YMTXo0Qlxe4 Anton83 12/05/21 09:04:09 PM
#13823   Nice update. We'll be back above a dime aljafy 12/05/21 07:23:02 PM
#13821   New Tweet. Financial audit in accordance with US Pencow 12/05/21 06:51:50 PM
#13818   Remember this quote? “$MJWL too strong for BS” Laster 12/04/21 10:05:23 PM
#13815   well this is wrong, I'm pretty sure retail Perfectson 12/04/21 03:37:51 PM
#13813   there's some connectivity and they probably either are Perfectson 12/04/21 03:35:18 PM
#13811   Wake up ..THE WHOLE OTC is-in-the-SHITTER Bud-Wiser 12/03/21 01:48:44 PM
#13807   Hey bro, lower trend support from May at $0.09. Laster 12/03/21 12:07:58 PM
#13804   95% of EVERY STOCK on the planet Bud-Wiser 12/03/21 10:38:43 AM
#13802   GOOD MORNING MAJIC MAKERS Bud-Wiser 12/03/21 08:53:48 AM
#13801   Has that been confirmed ? Perfectson 12/02/21 09:50:04 PM
#13800   MJWL is just following the awful OTC market. Laster 12/02/21 06:39:57 PM
#13795   Why is Chong pumping ICOA on twitter? Laster 12/02/21 03:05:53 PM
#13794   I am actually extremely sharp. And yes you jimmirehman 12/02/21 02:51:33 PM
#13793   You aren't very sharp. While I believe the head22 12/02/21 02:20:52 PM
#13792   When where how prove it. head22 12/02/21 02:18:53 PM
#13791   They got 50M institutional funding surfgreen 12/02/21 01:45:29 PM
#13790   Perfectson and head22 are shorting. jimmirehman 12/02/21 01:41:59 PM
#13789   It’s all the shorts. jimmirehman 12/02/21 01:38:41 PM
#13788   Knock knock. Guess who’s here? Laster 12/02/21 12:21:09 PM
#13787   i always remind people these companies are on Perfectson 12/02/21 11:47:31 AM
#13786   Well said. My response has been that they head22 12/02/21 11:45:35 AM
#13785   it's not the shorts. People are Perfectson 12/02/21 11:44:01 AM
#13784   You can't believe what some write on this Pencow 12/02/21 10:42:07 AM
#13780   GOOD MORNING MAJIC MAKERS Bud-Wiser 12/02/21 09:14:04 AM
#13779   Did I jinx the stock by buying millions Laster 12/02/21 12:27:21 AM
#13778   Is there a way to check the dollar Pennies_Envy 12/01/21 05:51:43 PM
#13777   Locked and Loaded and ready for $0.16. Laster 12/01/21 12:47:13 PM
#13776   Back above $0.12!!!!!! Let’s go bro. Laster 12/01/21 12:44:21 PM
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