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ATWEC Technologies Acquires Level Three Security for Cash and Stock

https://www.prnewswire.com/news-releases/atwec-technologies-acquires-level-three-security-for-cash-and-stock-301100777.html

Alex Wiley, ATWEC's President and CEO, said, "At a total projected cost of more than $1M, this acquisition is significant to our near-term financial outlook and our growth strategy. It is one of several transactions that the Board has been working on since early January, and represents the first step in our comprehensive growth by acquisition plan." The Board likewise approved the acquisitions plan of offering the target companies cash and restricted stock, facilitated through a new liabilities funding program, scheduled to commence during 3Q 2020.