Category: M2BIO

MONTREAL, Aug. 29, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — Wuhan General Group (China), Inc. (OTC PINK: WUHN) (the “Company”), a Nevada investment company focused on the industrial technology market space, announces today that, starting next week, they will begin a series of common share cancellations to reorganize the share structure of the Company to increase shareholder value.

The company intent to reduce its outstanding common shares from 100 million to approx. 35 million shares, with a press release confirming each transaction as they occur. All canceled shares will be returned to the company treasury to be used in future acquisitions of businesses and assets. This will work to stimulate the company’s growth and increase value for current and future shareholders.

Ramy Kamaneh, CEO said: “We are excited about initiating our strategy roadmap, hence creating wealth for our investors. It shows the trust we have in the process of expanding this company, and we look forward to what is to come.”

This restructuring is not only an important step for the company, but also signifies a growing strength in mining electrification, cryptocurrencies, industrial batteries, Internet of Things hardware, and artificial intelligence — all promising niche markets. As Wuhan General Group continues to narrow its focus on the service of growth, ethics, sustainability, and safety in growing industries, investors are provided an opportunity to get the best shareholder value.

Addressing the name and ticker change, the company has decided to postpone this change until Q1 2019. At that time, the company will audit their past three years’ finances to secure their title as a fully reporting company. Once this is achieved, Wuhan General Group will reapply with Finra.

About Wuhan General Group
Wuhan General Group (China) Inc. is a Nevada based investment company focused in the areas of Cryptocurrency mining operations, battery & electric material handling equipment manufacturing, services in artificial intelligence, as well as Internet of Things hardware. In addition to this, they are also dedicated to working in the application of blockchain technologies to mining, agriculture and construction industries.

Wuhan General Group (China), Inc.
Publicly traded company (OTC Pink: WUHN)
Website:www.sdtholdings.com

For further information contact:
Public Relations
Phone: (514) 928-7368
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 could 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

MONTREAL, July 30, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE —  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.

MONTREAL, July 25, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE  —  SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the “Company”), a Montreal-based industrial technology holding company serving various industries through their four subsidiaries, filed its Information and Disclosure Statement with OTC Markets.

The Company’s Information and Disclosure Statement includes financial statements for the years ended 2016 and 2017, as well as first quarter 2018. The Company believes it has now filed the necessary documentation with OTC Market to achieve Current Pink status.

The Company has also filed Articles of Amendment with Nevada Secretary of State changing the Company’s name from “Wuhan General Group (China), Inc.” to “SDT Holdings, Inc.” The Company has begun work with FINRA to implement the name change and is seeking to change its ticker symbol. Potential options for the new ticker symbol include “SDTH” and “SDTG” which are under consideration as well as others if these they are unavailable.

“We are very happy to have made our financials available on the OTC Markets website,” commented Ramy Kamaneh, CEO of WUHN. “We are extremely grateful for all the hard work that our financial and legal teams have put in place to lead us today. We do not control the outcome of these efforts, which took more time and capital than originally planned, but we believe that improving transparency for our investors is an important milestone, and with all these changes undertaken, we hope to continue to grow our business and create strong shareholder value.”

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.

Contact: Bruce Haase Public Relations
Phone: (514) 928-7368 ext. 6
E-mail: info@sdtholdings.com
Website: www.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.

MONTREAL, June 13, 2018 (GLOBE NEWSWIRE) — SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the “Company”), a Montreal-based industrial technology holding company serving various industries through their four subsidiaries, announces major developments.

”Launching a business like SDT and going public is both exciting and overwhelming at the same time,” said CEO, Ramy Kamaneh. “We’ve been busy working toward achieving multiple milestones in the first half of 2018 to build the necessary foundation and structure required for long-term growth and shareholder value improvement.”

Launched New Corporate Website

The Company is proud to announce the launch of its corporate website, an important milestone that directly reflects the Company’s vision and will serve a key role in communicating with investors and customers.

Please visit the company’s new corporate website to learn more:  https://sdtholdings.com/

Team Members Additions

Gerald Bernstein has been appointed Chief Financial Officer of SDT Holdings.

”We’re pleased to welcome Gerald to the team,” said CEO, Ramy Kamaneh. “His financial expertise and knowledge of the public space will be an important asset to the company. By quickly integrating with the company, Gerald will help fast-track our process of becoming a fully reporting company in the coming weeks.”

Patents

The company has engaged Anglehart et al., an IP-focused law firm, for pending and future intellectual property applications. Progress is already being made in this arena and the Company expects intellectual property to add significant value to its balance sheet.

About 

SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its four subsidiaries, specializing 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, industrial and earthmoving industries.

Forward-Looking Statements

This press release contains forward-looking statements. Such statements include statements regarding our expectations, hopes, beliefs or intentions regarding the future, including but not limited to statements regarding our market, strategy, competition, development plans (including acquisitions and expansion), financing, revenues, operations, and compliance with applicable laws. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause actual results to differ materially from such forward-looking statements include the risks described in greater detail in the following paragraphs. All forward-looking statements in this document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to update any forward-looking statement except where applicable law requires us to update these statements. Market data used throughout this prospectus is based on published third party reports or the good faith estimates of management, which estimates are based upon their review of internal surveys, independent industry publications and other publicly available information.

Source: Wuhan General Group (China), Inc.
Contact: info@sdtholdings.com

MONTREAL, May 01, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire — SDT Holdings, Inc. / Wuhan General Group (China), Inc. (USOTC:WUHN), announced today that it is scheduled to present at RedChip’s Global Online Growth Conference on Wednesday, May 2nd, at 1:00pm ET. The presentation can be viewed at www.RedChip.com. A live Q&A session will follow the investor presentation.

RedChip’s Global Online Growth Conference brings together investors and executives of leading small-cap companies, representing a broad spectrum within many sectors. More than 10,000 investors attend RedChip’s microcap conference series each year.

No registration is required to participate in the conference. Start times are subject to change.

About 

SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its four subsidiaries, specializing 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, industrial and earthmoving industries.

Forward-Looking Statements

This press release contains forward-looking statements. Such statements include statements regarding our expectations, hopes, beliefs or intentions regarding the future, including but not limited to statements regarding our market, strategy, competition, development plans (including acquisitions and expansion), financing, revenues, operations, and compliance with applicable laws. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause actual results to differ materially from such forward-looking statements include the risks described in greater detail in the following paragraphs. All forward-looking statements in this document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to update any forward-looking statement except where applicable law requires us to update these statements. Market data used throughout this prospectus is based on published third party reports or the good faith estimates of management, which estimates are based upon their review of internal surveys, independent industry publications and other publicly available information.

Contact:

Bruce Haase
RedChip Companies
407-644-4256, ext. 131
bruce@redchip.com

MONTREAL, QC / ACCESSWIRE / February 26, 2018 / SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK: WUHN) (the “Company”).

The Company announced that it has contracted since December 2017, SENECA, an engineering consulting firm to help engineer and design the planned research battery factory announced by SDET earlier this month.

“Plans for the project are finalized, and the selection of SENECA as the project’s contractor is an essential first step to beginning the project. With their strong industry experience knowledge of the industrial process, requirements for rechargeable batteries and scalability, SENECA is an ideal partner to bring the project to terms,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.

“We are honored that SDET has chosen SENECA to assist them in this current project,” said Raymond Simoneau Ing. P.Eng., MBA, Partner, and Vice-President. “SENECA Engineering now employs over 75 experts which have helped realize thousands of industrial projects in some 15 countries, ranging from the smallest changes to an existing plant to the construction of entire commercial plants. We are excited to be working alongside SDET as their EPCM (“Engineering, Procurement, and Construction Management”) firm on this important project.” Our project teams have been and currently involved in the following innovation-related projects related to the rechargeable batteries:

• LFP (lithium iron phosphate) cathode material
• Hard Rock Spodumene Lithium Salts Conversion demonstration plant (battery grade)
• Synthetic graphene plant (for the Li-ion battery anode)
• High Purity Graphite anode material for the rechargeable battery.
• LMP (lithium metal polymer) process design and plant development

Seneca is a private engineering consulting firm specializing in industrial materials process engineering. We offer comprehensive professional services for the implementation of industrial investment projects in Quebec and abroad. Our proven methods help you carry out and maintain full control of your boldest industrial investment projects. Our team of over 75 experts has helped realize thousands of industrial projects in some 15 countries, ranging from the smallest changes to an existing plant to the construction of entire commercial plants in EPCM mode. We particularly excel in executing projects that require the development of new processes or the integration of new technologies into existing processes aiming to reduce both OPEX and CAPEX.We act as the path from your ideas created in the laboratory, to the pilot plant and demonstration plant, finally leading to their fully operational commercial plants. Our project teams have been and currently involved in the following innovation-related projects related to the rechargeable batteries:

For more information about SENECA Engineering, visit us at www.seneca.ca/en/

Strategic Development of Electrification Technology (SDET) is a Quebec-based enterprise that specializes in the research and development, prototyping, benchmarking and piloting of industrial batteries. The company also produces low-cost, high-performance battery cells designed for a wide-range of heavy-duty industrial electric equipment. These cells are known to have exceptional autonomy and ultra-rapid recharge capabilities, without any degradation or loss of lifecycle.

SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production, and commercialization of its four subsidiaries, specializing 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, industrial and earthmoving industries.

SDT Holdings, Inc

Publicly traded company (OTC PINK: WUHN)
Website: www.sdtholdings.com

For further information contact:

Phone: (514) 928-7368
E-mail: info@sdtholdings.com

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.

MONTREAL, Quebec, Feb. 22, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire — SDT Holdings, Inc. / Wuhan General Group (China), Inc. (USOTC PINK:WUHN) (the “Company”).

The Company is proud to have reached this important milestone and believes that the RTO will provide our business with major opportunities in the international marketplace, access to long-term investors as well as growth capital. Thus, offering current and prospective investors a great investment opportunity.

The newly-merged company will assume the name SDT Holdings, Inc and has initiated the process to provide current filings and disclosures.

About

SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its four subsidiaries, specializing 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, industrial and earthmoving industries.

SDT Holdings, Inc

Publicly traded company (USAOTC Pink: WUHN)
Website: www.sdtholdings.com
For further information contact:
Phone: (514) 928-7368
E-mail: info@sdtholdings.com

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.

 

MONTREAL, Feb. 08, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire —  SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the “Company”). The Company announces today that its subsidiary SDBT will start building a $10 Million Cryptocurrency Mining Facility North of Quebec region.

“This is an exciting time for our enterprise from an investment standpoint as big Chinese miners like Bitmain are turning to Quebec because of low energy cost and cold climate. This is obviously going to revolutionize our way of thinking about currency,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.
Link https://news.bitcoin.com/big-chinese-bitcoin-miners-are-turning-to-canada/

“We are currently securing a scalable up to 100 000 sq. ft warehouse with 30MW of available power which will provide the space and electricity for future expansion. We are currently in discussion with key hardware providers and joint ventures in the project,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.

About SDBT

Strategic Development of Blockchain Technology (SDBT) is a Quebec-based enterprise that focuses on large-scale mining cryptocurrencies farm in its region while offering other related services as well as the development of industrial blockchain technologies with the purpose of facilitating its access and adoption.

About SDT Holdings

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, industrial and earthmoving industries.

SDT Holdings, Inc
Publicly traded company (OTC Pink:WUHN)
Website: www.sdtholdings.com
For further information contact:
Phone: (514) 928-7368
E-mail: info@sdtholdings.com

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.