Atwec Technologies Inc (ATWT)

[nez]

dmondial,
The post you found on Yahoo is also still on the ATWEC site.
That leads me to believe that it still has "legs" or significance, as I doubt very much a company would keep "advertising" a publicly announced plan that fell through.
Its one thing to find the story on an independent search engine but to have it on their web page would be like advertising the failured ventue. IMO, this is not what company web site is for but rather to show potentially positive developments and the company’s effort to keep them in the public eye!
(I don't know how much control over Yahoo stories ATWEC has but they certainly must have control over their own site, IMO!)
Also, I believe ohgeez pointed out, InvestSource website still has ATWEC posted on it. I missed it because I didn’t type in ATWT in the upper left corner and hit “search” but rather signed in. This was some time ago when I discovered that ATWEC was no longer on the front page, I called them and that is when I learned about the developments of ATWEC not renewing with InvestSource and that Chris would still be personally handling ATWEC’s account. I was also told both ATWEC and Chris still have good relationships with InvestSource. All of these points as well as the recent board discussions and speculations, all to my ignorant mind, point to a company that is working as it always had to grow and develop new opportunities. I think I remember reading about ATWEC being “birthed” from a “think tank” environment and I can’t envision a group of people sitting around just thinking about one product. It may well have been that the reason for the emphasis on the ‘Kidde Line” was the people involved felt that issue was of a higher human interest level and therefore would bring greater exposure, IMO.

Thanks dmondial for bringing the discussion back to solid ground and IMO, apparently initiating the connecting some important dots.
The following is a re-post of dmondial’s “Yahoo” post but this version is from the ATWEC site. I also have a feeling it is worth another read.

As far as financials and other filings go, I will leave that to the resident accountants as I am not qualified to give an opinion.
JMO,
Nez


http://www.atwec.com/news_details.php?nid=48

Go to news achieves on ATWEC’s site, third item down for following.


2006-10-31
ATWEC Technologies Announces Deals for Securities Division
ATWEC Technologies, Inc. (PINKSHEETS: ATWT) announced today its Security and Alarms Division has contracted to provide an electronic surveillance monitoring system for Parking Company of America Airport, LLC, the largest owner/operator of airport parking services in the United States. ATWEC will service Airport Fast Park in Memphis, Tennessee, one of fourteen nationwide PCA locations.

The monitoring system installed for PCA marks the beginning of the corporation’s expansion of its security and surveillance division. The contracts acquired by this division this quarter will generate upwards of $40,000 in revenue for the company.

Recurring revenue accounts for the division have climbed since ATWEC’s acquisition of a local alarm company in March, 2006. Residential security was central to the division when acquired, but commercial accounts have become the primary source of increased earnings. Projected revenues from the Security and Alarms Division for fiscal 2007 are approximately $500,000.

“The concurrent growth of the Child-Safety Products and the Security and Alarms Divisions are ensuring a bright future for the company as we continue to expand and grow our infrastructure,” said President/CEO Alex T. Wiley.

For more information on ATWEC Technologies, visit the company's web site: http://www.atwec.com/.

NOTE: Certain statements made in this press release are forward looking statements within the scope of the Private Securities Act of 1995. Such statements involve known and unknown risks. Uncertainties and other mitigating factors may influence desired outcomes. Such risks, uncertainties and/or other mitigating factors include but are not limited to new economic conditions, risks associated in product development, market acceptance of new products and continuing product demand, level of competition and other factors both known and unknown as described within this Company's reports and other filings with appropriate regulatory agencies.

Contact:
Chris Hoffmann