Atwec Technologies Inc (ATWT)

[nez]

Just for the heck of it I typed in otcqx and found this: I don't know if the "x" means this is different thatn what I was speaking about in my previous post but here it is.
The site is http://***.otcqx.*** and from what I read on the site one can sign up for updates and the like. Again let me stress, I don't know what some of the subject matter means as I am fairly new to this and have not focused on the entire system as I plan to do in the future so this is just information found by a "newbie" who cannot tell anyone if it is accurate or not.
Nez
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Current News
Pink Sheets Accepting Applications for OTCQX (May 12, 2006)

Raising The Bar: Pink Sheets Launching New Tier to Highlight Quality (The PIPES Report, 3/15/06)






Pink Sheets is pleased to announce the launch of a premium quotation, trading, and disclosure service for OTC securities. The new service, OTCQXSM, gives strong public companies a vehicle to provide ongoing disclosure and help serious issuers stand out from the almost 5,000 OTC securities electronically traded on the Pink Sheets.

Designed to clearly differentiate operating companies with audited financials that can meet certain requirements, OTCQX provides issuers with a mechanism to publish quarterly and annual audited financial reports, management certifications, and interim event disclosure. The centralization of issuer-certified disclosure, together with listing standards for inclusion in the tiers, will substantially improve the OTC market, promote continued disclosure options for both SEC registered and non-SEC registered issuers, and highlight the best issuers in the OTC market to the investment community.

Any issuer with proprietary quotations published by a market maker in the Pink Sheets is eligible for admission to the OTCQX premium tiers, which includes:

PremierQXSM - The highest tier, identifies issuers that are of the size and quality to list on a National Stock Exchange and that have a minimum bid of $1; and

PrimeQXSM - Identifies issuers that are operating companies with audited financials, but not of sufficient size to be on PremierQX.

International OTCQX Visa Program - A streamlined admission process to OTCQX for international issuers that are listed on a Qualified Foreign Stock Exchange. International OTCQX issuers will be listed under two premium tiers:

International PremierQXSM - for international exchange listed issuers that are of the size and quality to list under the New York Stock Exchange's Worldwide Listing Standards;
International PrimeQXSM - for international exchange listed issuers that are operating companies with audited financials, but not of sufficient size to be on International PremierQX.

See Admission Criteria for more details on the admission requirements for each OTCQX tier.

A critical component of the premium tiers will be the role of Designated Advisors for Disclosure (DADs), which each issuer must appoint prior to being admitted to OTCQX. The DAD requirement introduces to U.S. investors the protections of a professional "gatekeeper" for secondary market disclosure. The DAD for an OTCQX-listed company will be required to participate in the preparation of the company's disclosure statements and prevent issuers with inadequate or questionable disclosure from joining OTCQX. This third party independent review by securities market professionals should enhance investor confidence in OTCQX-listed securities. For information on DADs, see the Designated Advisors section of this site.