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so r u saying the CEO failed again as to what his PR says he will do? This is a pink sheet for a reason and it all starts with the CEO. He really does have a history of failure.
Perhaps a CEO change, company name change and a symbol change will allow this company to survive.
$ATWT BGT SafeBus Technologies So What R They Doing???
School Kids Bus Monitoring / Tracking
SafeBus Technologies has developed a proprietary digital solution for tracking school kids riding buses and minivans to and from school. The digital solution utilizes iPad kiosks that are mounted on the bus near the driver, where the kids get on and off the bus. Custom software allows the bus driver to quickly check each kid on board, and there is added verification that time stamps the location and time when each school kid boards the bus.
Similarly, when the kids get off the bus, either at the school, or when returning home, the ipad checklist app allows the bus driver to quickly, accurately check each kid off the bus. The location and time of the school kid departing the bus is recorded.
At several times during the bus route, the recorded bus information, and all school kids who were on board that specific route, can be uploaded to the school district server, and to the cloud storage, where it can be held for up to several weeks, before discarding.
The SmartKiosk iCaddi enclosure, along with the pre-configured iPad, and SafeBus Checklist software, is offered to the school districts as a total enterprise solution, with ongoing monthly revenues paid to SafeBus, for technical support and software updates, etc.
The iCaddi enclosure is a proprietary design, with an easy-to-load mechanism to allow the iPad to be locked securely, and removed easily by the bus driver, if need be.
Many states are planning to mandate that schools put in place system solutions that keep track of students, and pre-K children, who ride the school bus every day to and from the school and their home. The market ( hardware plus software) is growing fast, and could be in excess of $1,000,000,000 in the US within the next five years.
Yes, I heard they sold a million units just last month
IMO the date does not matter. Unless the CEO releases a PR that confirms Sales, government contract or something of value, where is the $1.00 pps going to go?
Couple several PR's and releasing the stock, the pps should go up.
With a PPS at $1.00 he has to have a good reason for private investors to buy at a 25% discount or what ever is agreed upon.
Why is the pps at .10 vs $1.00 ?
Wow, around 634,000,000 million shares in Nov & Dec 2012 at .00005
I really hope it was worth it, time will tell
Can this really happen?
"Shareholders making the CEO do the right thing and cancel the RS what a concept "
The Company’s Board of Directors elected to decrease its authorized capitalization to 500,000,000
shares of common stock and commence a 10,000 – 1 reverse split of the currently outstanding shares, in order to help raise investment capital through equity financing.
The Company feels that the split will help with initial raising the stock price and increasing investor perception and awareness, thus creating immediate value for the Company in 2013.
Although the Board of Directors and Shareholders have approved of the recapitalization and reverse stock split as of February 2013, the Company has yet to obtain all necessary approvals by 3-31-2013.
This transaction will likely enable the Company to improve its chances at obtaining funding by speaking directly with angel investors, accredited funding sources, and various venture capital
firms who are now willing to discuss potential funding transactions with the issuer.
ok, I get it sorta like "you screwed me so now I'm going to screw you" but if that person who invested $50 grand does not give up their shares does that effect the entire company to complete the r/s ?
One thing that concerns me is the 1st Qtr financials were not autited as the CEO said they would be.
He protrays himself this rightous religous person yet he continues to not do as he says. Making False public statements is grounds for being a Conman Pinksheet CEO Fraud, take that to church tomorrow!
I don't have much money in this ( .10 is my New costs basis) but I hate to see anyone be lied to.
I never thought of that. Why would a shareholder do that? Is there an upside perhaps they could be used for toillit paper, lol
droll7, why not just change the symbol?
Mr.XXX,
Thank you for your reply.
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.
$ATWT Other Assets
The Company capitalizes the costs associated with obtaining patents, trademarks, or other intellectual property associated with its business Such costs are amortized over the estimated useful life of such assets using the straight-line method, unless such useful life is deemed indefinite.
Investments total $88,277 for the period given, and include amounts invested in other stocks and directly into the purchase of
Safeguard Alarm and Guard Services, a TN security corporation, whereby the Company acquired their assets including the firm’s security alarm accounts
(54 total accounts), client list, marketing, TN licenses, goodwill, and accounts receivable.
Safeguard Alarm & Guard Service Inc
1800 Hunter Avenue,
Memphis, TN 38108
(901) 726-4944
$ATWT "The Company also hopes that this recapitalization will allow the Company to better secure new investors and possibly complete one of its contemplated acquisitions."
$ATWT NEWS -Interim Financial Report
Wed, May 15, 2013 03:55 - ATWEC Technologies, Inc.
(ATWT: OTC Link) released their Interim Financial Report concerning ATWT Notes to Financial Statements 1Q 2013.
To read the complete report, please visit:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=104652.
really does not matter as no one really knows where this company is going from here so many are just holding onto their shares.
Bye Bye
$ATWT Up 0.10 +.0999 (+99900.00%)
Is Investorshub your broker? If not call who is!
$ATWT ATWEC Technologies, Inc. (ATWTD: OTC Link) | Symbol Change
Wed, May 08, 2013 12:00 - ATWEC Technologies, Inc. (ATWTD: OTC Link) - Symbol Change - The symbol, ATWTD, is no longer a valid symbol for ATWEC Technologies, Inc..
As of Wed, May 08, 2013, the new trading symbol is ATWT.
You may find a complete list of symbol changes at otcmarkets.com.
What I'd like to see is this:
1st Qtr Auited Financial out May 15th, next week
PR about the future of Atwec & what Safebus brings towards future growth
$ATWT News Tue, Apr 30, 2013 04:21 - ATWEC Technologies, Inc. (ATWTD: OTC Link) released their Attorney Letter with Respect to Current Information concerning ATWT Attorney Letter - Year End 2012. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=103428.
WOW over 1,000 shares traded at .095 !
titi, I use AT as well. If ya go to Gaines/Losses click on Atwt and my number of shares show the split
WHILE THERES STILL TIME? LOAOAY
Item XX – Purchases of Equity Securities by the Issuer and
Affiliated Purchasers
A. In the following tabular format, provide the information specified in paragraph (B) of this Item XX with respect to any purchase made by or on behalf of the issuer or any “Affiliated Purchaser” (as defined in paragraph (C) of this Item XX) of shares or other units of any class of the issuer’s equity securities.
The issuer has not purchased any securities of any kind during the past five (5) years.
Item XXI – Issuer’s Certifications
I, Alex T. Wiley, certify that:
I have reviewed this Initial Information and Disclosure Statement of ATWEC Technologies, Inc.;
1. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this disclosure statement; and not misleading with respect to the period covered by this disclosure statement; and
2. Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in this disclosure statement, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.
/s/ 3/29/2013
____________________________________________ _______________
NAME: Alex T. Wiley DATE: 3/29/2013
TITLE: President and CEO
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=101903
Investment Financing – Target June 2012
The issuer has identified a need to obtain financing in the amount of US$250,000 by July 15, 2013, to be used for the company’s growth, improved sales and marketing for its new Kiddie Watch™ product, inventory, and re-branding.
Management feels that they are meeting expectations with the re-engineered plan, and will show to their shareholders a growth of roughly 20% each fiscal year through 2015.
The issuer has also identified a growth-by-acquisition strategy, and is looking for various acquisition candidates that can give a strong boost to the issuer’s profit margin.
The Company’s projected use of proceeds for 2013 is as follows:
US$250,000
Marketing, Advertising, Social Media, including Website $ 75,000
Inventory (Kiddie Voice™ system units, ready for sale) $ 70,000
Working Capital $ 50,000
Cost of Offering, investor group and other fees $ 25,000
New Hires – Executive Management search $ 15,000
Compliance Fees and Audit $ 15,000
TOTAL OFFERING $250,000
$ATWT Sales
In 2011, ATWEC Technologies, Inc.’s total sales were
$205,480 in 2011 up
$175,975 in 2010 (+16%) and
$146,073 in 2009 (+40%).
The Company had a loss of
$2,102 in 2011, after posting a loss of
$26,711 in 2009 and a small
profit of $14,065 in 2010 respectively.
The Company has spent time and effort in pushing legislative change in Louisiana and Florida, including Palm Beach County, and anticipates a substantial increase in orders from day care centers and other schools in these states, beginning immediately in 2012.
Marketing Strategy
The Company has successfully updated and centralized its organization, and is now currently investing heavily in long-term strategic planning to define the future marketplace and establish a competitive position within it to endure sustainable growth in 2013-14.
$ATWT The Company’s Board of Directors unanimously agreed to purchase the patent from the Taylor Trust, for an amount to be determined in part by the success of the Kiddie Voice™ product, which the Company estimates at US $4.5M over the next four years.
As of 12-31-12, the Company has received an appraisal on the patent which approximates $1,447,421, now owed by the Company to Taylor Trust.
Bye Bye
$ATWTD Security Details
Share Structure
Market Value1 Not Available
Shares Outstanding 3,382,079 a/o Apr 10, 2013
Float 3,015,711 a/o Apr 10, 2013
Authorized Shares 500,000,000 a/o Apr 10, 2013
Par Value Not Available
Shareholders of Record Not Available
$ATWT 2012 Sales BEST EVER !
WRONG
$ATWT Financials are Out !
Based on the overall market being down today, I would not call todays 11,000 shares traded a smackdown, but it might be to you, whatever.
Thanks for letting me know about my shares I bgt at .0001. I wonder if the same thing happened to anyone eleses shares?
Wow, .05 ! Ya think the MM Know some peeps will sell at first chance, I do and they paid for it.
IMO, not a selloff
I'm sure the mm would love to take down the price on those who feel the need to get out now vs the last 3 mths.
IMO, once the CEO brings everyone uptodate I believe the pps will go up.
Whole different market when your pps is at .10 vs .0001, you agree?
Yes 100 on Fri so NO SELLOFF
15,000 traded last Thur at .10, day 1, where did these shares come come from if shares are not settled??????
Sorry this is not going to do as you think as most R/S do.
Did ya see the vol, ALMOST NO SELL OFF Why? Because no one really knows about this company and those who do are riding it out.
IMO the BIG test is if the CEO does as he said he would with the 1st QTR Fins being audited. Should be out by May 15 unless he files for an extension.
IMO, I am of the belief the CEO has New products that we will know more about real soon coupled with Contracts of HIGH VOLUMN.
GLTA