Majic Wheels Corp (MJWL)

[Jayman5000]

Yelling October 28 over and over makes no difference to the facts of what happened this week. Too many redemption notices were received to continue on.

They postponed until Tuesday so that hopefully some of those folk would reverse their redemptions. If they don't then the extension is kaput and OTEC is required to close shop. Obviously that would then mean no merger for MJWL.

It is clearly spelled out in the article that anyone can and should read for themselves, https://ih.advfn.com/stock-market/NASDAQ/oceantech-acquisitions-i-OTEC/stock-news/89617533/oceantech-acquisitions-i-corp-announces-postponem

In the event notices reversing the redemption request for sufficient share are not received, the Company will be required to dissolve and liquidate.