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Really, did he pesonally ask you for your money?
They have a mail room?
yea, look at the sales, look hard
$ATWT Volume: 35,615 @ 11:01 AM ET
$ATWT .0940 Up .034 (56.67%) 11:01AM EDT
$ATWT Time Price Vol
15:37:11 0.06 15,110
14:20:17.0.05 900
Memphis, TN, January 22, 2013
ATWEC Technologies Hires Accounting Firm To Complete Audit
Board of Directors Announces Decision to Become Fully Reporting in 2013
Memphis, TN, January 22, 2013 (Pr News Wire) –
ATWEC Technologies, Inc. (OTC Markets: ATWT), a
US-based child safety company, today announced
that it has hired an Atlanta-based CPA firm to
complete an audit on the Company’s financial
condition during first quarter 2013.
The move will enable the Company to become fully
reporting by making appropriate filings with the
Securities and Exchange Commission, once the audit
has been completed. The Company is currently
reviewing several law firm candidates in order to hire
legal counsel for this purpose. Once the Company
becomes fully reporting, they will then be eligible to
trade on the OTCBB or other exchange.
“We have been discussing this move for a long time,
and now we have finally taken the first step to
becoming fully reporting,” said the Company’s CEO
Alex Wiley. “As our business is expanding, we will
need to step up our reporting and disclosure, and this
increased transparency will lead to more opportunities
for ATWEC.”
The Company anticipates that the move will lead to
increased sales and marketing exposure, which in turn
could lead to greater financing and acquisition
opportunities with larger and more established firms.
The Company signed the engagement letter with W.T.
Uniack & Co. CPA’s, P.C. late last week. Terms of
the deal were not disclosed. The certified public
accounting firm is licensed in Georgia and Ohio, and
has two locations in Georgia. The firm will also
provide the Company with review fees on a quarterly
basis.
Shareholders and other investors can find information
on this engagement, along with the Company’s Kiddie
Systems™ products and services, on the Company’s
website home page, www.atwec.co
Memphis, TN – Sept 20, 2010
ATWEC BECOMES REVENUE DRIVEN AS THE NATIONAL BAPTIST CONVENTION OF AMERICA, INC., INT’L PLEDGES 1000 KIDDIE VOICE AND 1000 KIDDIE ALERT SYSTEMS
Phase I of the campaign involves a launch of the program to deliver Kiddie Systems (Kiddie Voice and Kiddie Alert) units to all affiliate churches which is estimated to be thousands of buses, vans and cars
Memphis, TN – Sept 20, 2010 (Market Wire)-ATWEC Technologies (PINKSHEETS: ATWT) ATWEC announced today the National Baptist Convention of America, Inc.,Int’l (NBCA) organization with its 1.5 million membership has officially endorsed ATWEC’s mission and products. The endorsement came out a series of meetings that took place in Biloxi, Mississippi on Sept 10, 2010 at their regional convention.
“In light of recent tragedies in Biloxi, MS. where a child died last week and another 2 year old in Dallas, TX last Thursday this is a great day for our communities, NBCA, www.nbacinc.com, and ATWEC. History will show that the rise of this company was a direct result of Rev. Stephen Thurston’s anointing to promote this profound mission of safety and prosperity,” said President/CEO Alex T. Wiley.
“Endorsing the Kiddie System was an easy decision to make because it is designed to protect our children,” stated Rev. Stephen Thurston, President of NBCA. “Every year too many children are either injured or killed because the driver was backing up and didn’t see the child. Additionally, so many deaths of our children have occurred because they were accidently left in the vehicle. The combination of the Kiddie Alert and Kiddie Voice helps to ensure that our children can be safe inside of the vehicle, as well as behind the vehicle.”
Phase I of the campaign involves a launch of the program to deliver Kiddie Systems (Kiddie Voice and Kiddie Alert) units to all affiliate churches which is estimated to be thousands of buses, vans and cars. The average Kiddie System is valued at $370.00 dollars.
“I applaud Rev. Stephen John Thurston and Mr. Alex T. Wiley on their insight and vision in taking the lead on Child Safety. This gives new meaning to No Child Left Behind, going forward I encourage all Religious and Community groups to follow the lead of these visionaries and become a part of the ATWEC mission,” said Mr. Tyron Dunn of Clinton Consulting Services LLC.
For more information on ATWEC Technologies, visit the company's web site: www.atwec.com.
Memphis, TN, January 25, 2013 (PR Newswire) –
ATWEC Technologies, Inc. (OTC Markets: ATWT), a
leader in the child safety industry, today announced
that it has signed a binding letter of intent to acquire
Safebus Technologies, Inc., a private Wyoming
company specializing in unique safety products for the
K-12 and daycare education markets.
Safebus™, a startup technology company, has
developed a safety solution that manages the
accountability of students on buses and vans.
ATWEC would acquire Safebus Technologies, Inc. as
a wholly-owned subsidiary, through a stock-for-stock
exchange.
The new child safety system would augment
ATWEC’s current Kiddie Systems™ safety product
line, and the new technology would enable ATWEC to
increase its market share immediately. The
companies agreed to terms last week, which were not
disclosed. The Safebus™ product and affiliated
technology is protected under a confidential nondisclosure
agreement.
The K-12 education market in the US consists of
approximately 500,000 active school buses, while the
daycare center market utilizes an additional 200,000
buses and vans. ATWEC believes that the new
technology will enable it to increase market
penetration throughout North America over the next
three to five years.
Alex T. Wiley, President & CEO of ATWEC
Technologies, stated, “ATWEC has been working hard
to expand its product line,
while at the same time,
keeping up with swift changes in technology and
social media. Safebus has developed a unique
solution that makes keeping our children safe even
easier, and we look forward to
Alex Ex wifes need 2 be contacted and asked certain questions under oath. If fact I'll work on this. He needs to be accountable for his actions and lies.
Thats funny. I do not like crooks of any kind. Its onbe thing to have a bad qtr and by yr. But anyone who looks at the history of the CEo must admits he has repeatedly lies to the public and the shareholders..
Shareholder Derivative Actions
Corporate Governance
Claims for breach of fiduciary duty typically arise when a company’s directors and officers cause the company to violate the law, exposing the company to criminal or civil penalties, massive losses, and to damaging litigation, such as securities fraud class actions.
The fiduciary duties owed to a corporation by its directors and officers include the duties of due care and loyalty, and require directors and officers to obey the law (and cause the corporation to obey the law).
No director or officer may seize a corporate opportunity for personal gain without giving the corporation the chance to take full advantage of that opportunity. No director or officer may place his or her personal enrichment ahead of that of the corporation. Nor may a director or officer simply abandon his duties to the corporation.
When a company has been wronged by its directors and officers, and might well sue them and recover, a dilemma exists: the very people who have damaged the company and who should be sued are running the company—”the foxes in charge of the hen house.”
In this situation, the law permits a shareholder (the “derivative plaintiff”) to sue the directors and officers in the name of, and on behalf of, the corporation.
The derivative plaintiff need merely demonstrate that a majority of the board of directors lack independence of judgment in the dispute, excusing a demand upon the directors and officers to sue themselves.
If you are a shareholder of a corporation which has been harmed through a breach of fiduciary duty by its officers and directors, and you held your shares continuously from the period during which the wrongs occurred through the present, you may be eligible to bring a claim on the company’s behalf against the directors, officers and third parties, such as the company’s auditors, who harmed the corporation.
Why would you want to do this, rather than file a shareholder class action to recover your own losses?
First, you may already be a member of a class of defrauded or injured shareholders.
If litigation has already been initiated along that front, your interests as a defrauded shareholder will already be protected and you will have the opportunity to make a claim in the class settlement in due course.
Second, holding the responsible parties accountable to the corporation protects your investment by forcing the company to confront its corporate governance shortcomings and clean house.
Many times, after a company has been exposed to claims it violated the law, that its insiders looted the company or engaged in insider trading, it turns out that the company never had fundamental protections in place to protect against these problems.
When a corporation is seen to clean up its act, the value of its stock often recovers significantly. Often, shareholders pursuing derivative claims are uniquely positioned to extract significant corporate governance reforms from the company.
Third, there may be claims that can be asserted derivatively, such as a professional negligence claim against the company’s auditors, that can generate a recovery which might not otherwise be recoverable in a shareholder class action.
By recovering these assets for the corporation, it can make them available to the corporation to contribute to settlement of a related shareholder class action.
Fourth, “What’s in it for me?”
You may be eligible to receive an incentive award, in the discretion of the court, as part of the settlement of a shareholder derivative action.
An incentive award compensates you for your time and trouble in bringing the action, and rewards you for defending the rights of the corporation.
Such awards often exceed the individual damages of the shareholder bringing the action. Notably, incentive awards are unavailable to plaintiffs in securities fraud class actions.
Shareholder derivative cases are brought with the assistance of experienced counsel, who will bear the costs of prosecuting the case and apply for a fee, to be approved by the court, only upon the successful conclusion of the case.
By law, the court must approve the settlement of a shareholder’s derivative case. In many courts, notice must also be provided to the shareholders of the pendency of a settlement.
Schubert Jonckheer & Kolbe LLP specializes in the nationwide prosecution of shareholder derivative suits and has prosecuted more than 65 shareholder derivative actions in more than a dozen different courts since 1996.
Schubert Jonckheer & Kolbe LLP, class action litigators
The firm handles:
Securities fraud class actions
Shareholder derivative actions
Antitrust litigation
Employment wage and hour cases
Consumer fraud
Defective product class actions
Debit-Card Overdraft Fees
Other representative claims
Three Embarcadero Center, Suite 1650 | San Francisco, CA 94111 | Phone: (415) 788-4220 | Fax: (415) 788-0161
Copyright © 2008, 2010 Schubert Jonckheer & Kolbe LLP
Can a shareholder file a civil lawsuit against the ceo for fraud ?Perhaps that might be the best recourse for those who have lost alot of money from the ceo's false and misleading PR's.
I'm down $700 no big deal just don't like how other are down $7,000+
The ceo has not held up his end. The pps was .10 for a while then IMO HE started selling shares and that price is .03
U happy with that?
who says they are? Enough said!
Whats Sad is the Reverse Split was 1,000 to 1 at .0001
.0001 x 1,000 = .10
the pps is at .03
I bgt shares at .0001 so my new cost basis is .10 and the pps today is at .03 so I am down .07 cents per share with really nothing that gives me any hope of the pps getting back to .10
The CEO really screwed everyone but himself so IMO he is a typical pinksheet CEO
good luck as this CEO, company and product is HISTORY
he can't cause he aint got no money
i did
hows that if he aint go no money
Anyone who bgt at .0001 prior to the 1,000 to 1 r/s has a pps at .10 with the current pps at .03
Do you get that Alex? really? Please go play in 5pm traffic
ATWEC CEO should go on Shark Tank- this way the sharks will eat him up and someone else can run the company cause he's not do a very good job. Great show on ABC Friday 8pm or 9 pm est
Do you know if SafeBus was paid the 50 million shares as in the CEO's PR?
Oh no way, Alex is a Believer and Holy man. I read that here many times. He is almost perfect at least he thinks so, lol.
I look at it this way, he is the one who has the most to lose and the most to make and I'd say he chooses make so now its just time to see.
ATWEC Technologies Completes Corporate Restructuring
ATWT 0.031 0.01
Recapitalization and Reverse Stock Split Allow Company to Raise Capital in 2013
Memphis, TN, June 24, 2013– ATWEC Technologies, Inc. (OTC PINK: ATWT), a leader in the child safety industry, today announced that it has completed a significant corporate restructuring, thereby allowing the Company to have easier access to investment capital in 2013.
On February 19, 2013, the Company’s Board of Directors unanimously voted to initiate a 1000 to 1 reverse split of its outstanding common shares, while simultaneously reducing its authorized common shares to 500,000,000 shares.
ATWEC, “Around the World Educating Children”, has increased its efforts to promote safety for children being transported to school. The Company’s Kiddie Voice™ system is unique and patented, and provides a total child safety solution for delivery vehicles. The Company is seeking investment capital in order to expand its sales and marketing, for product inventory, for new product development, and for mergers and acquisitions in 2013.
The Company completed all required filings for the restructuring in the state of Nevada on February 26, including its Certificate of Amendment. The Company received its new corporate CUSIP number on March 14, and received final approval and authorization of the reverse split from FINRA on April 10. The new listing appeared on the market open on April 11.
The Company’s issued and outstanding common shares were actually reversed back on June 18, with the Depository Trust Company approving the company and “swinging” the issue. All shareholders should receive a letter of transmittal from the Company via US mail, with instructions and contact information for receiving their new share certificates.
Shareholders and other investors can find information about the restructure and recapitalization on the OTC Markets website www.otcmarkets.com and on the Company’s website home page, www.atwec.com.
Time and Sales for ATWEC Technologies Inc. (ATWT)
Jun 21, 2013
Time..... Price ..Vol
14:30:08 0.02 2,637
12:36:44 0.02 100
12:20:14 0.02 2,000
09:53:25 0.0101 1,100
09:34:21 0.0695 2,000
Is that the number of shares prior to split or afterwards? I think several long timers like deepman had over 75,000,000
great, who is going to sell at .01 ?
Jun 18, 2013 Time and Sales for ATWEC Technologies Inc. (ATWT)
First Day Total Shares 3,600
Price 0.10 BUT
Volume 2000
Price 0.10 BUY
Volume 500
Price 0.12 BUY
Volume 500
Price .095 Sell
Volume 600
my point is that you complained it was a small trade at .12. I believe to think any trade over .10 is a good thing weather the company has pr'd anything or not.
Shares are trading and it didn't crash, at least for now so I'll take it, simple as that.
GLTY
.12 is .12 period as its better than .11 or .10 or .09
some people can never be happy
$ATWT Shares being bgt at .12 is GREAT as someone knows something BIG !
$ATWT Day's Range 0.095 - 0.12
Mine are in my Ameritrade acct as well. Lets see what the vol does these next few days / weeks.
"All that said he must be smarter than me, he got my money."
Everyone will be accountable for their actions, either by going to jail or KARMA as I believe what goes around comes around!
If he's had 3 failed marriages and the false PR's the past 10 years, his KARMA IS / WILL BE A BIT*CH, bet on it!
So Far this looks like the SCAM others said it was
Again hot air spews:
Elcee
Tuesday, October 16, 2012 3:50:22 PM
Re: deepman49 post# 64127 P
ost # of 67255
Morris, do you really want to know what I've found? Do you want the other investor to know what I have found? Aaah, I don't play that game, it's everybody or nobody.
How is this working out since you posted it on
Friday, June 15, 2012 at 4:50:46 PM? Almost 4 mths ago!
Post # 60139 of 64108
Further, there is something floating around about a new computerized unit. I suppose that if one wait for Mr. Wiley's PR's one could miss something important
I have read a ot of your post regarding the CEO and company. At one point you offered to help, correct? Do you believe this company is ripe for takeover?
daBigapple, do you know if atwec bgt safebus? tia
U the one that said no r/s? Deepman49 did so how that work out?
From: Message Center Client Services
Date: 05/08/13 1:24 PM
Mr. MXXXXX,
The company is working with the DTC corporation to ensure the shares are eligible for DTC settlement.
Due to the problems the company is having getting this completed, they have not provided us with the new shares to place in an account.
Thank you,
Matthew Greenwood
Apex Client Services, TD Ameritrade
Division of TD Ameritrade, Inc.