Sales
The Company experienced strong revenue growth in 3Q 2011, which resulted in the Company’s best revenue quarter in its history.
Still, we believe the poor economic conditions and continued uncertainty in the financial markets adversely impacted disposable income and consumer spending patterns, which in turn is
impacting our industry.
In 2009, and 2010 ATWEC Technologies, Inc.’s total sales were $175,975 and $146,073 with a loss of $26,711 in 2009 and a small profit of $14,065 in 2010 respectively.
According to OTC Markets Guidelines ATWEC Technologies, INC. (atwt) 2011 Third Quarter Interim REPORT A decrease in revenue was attributed to worsening economic conditions, and as a result, the Company was forced to seek additional funding in order to step up its sales and marketing and state legislative efforts, in
order to spur sales. This forced the Company to review structure, operations and product offering costs and technology, to not only ride out the current market downturn, but define and prepare for a stronger position within the future.
Marketing Strategy
2009 was the beginning of the issuer’s re-organization campaign, designed to improve the overall organizational efficiency. With this newly-efficient, streamlined organization, the issuer 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 2012-13.
This result of this restructure and increase in revenue can be seen in the issuer’s financial statements for 2nd quarter 2011. The issuer anticipates gross revenues for 2011 to be approximately $372,155 but with increases projected for 2012 and 2013. The issuer feels that it has reduced its losses while controlling operating expenses, and thus increased the gross margins.
News 
Market Data 
Discover 
AI
