ATWEC Technologies Achieves Compliance Standard
Company Attains "Current Information" Tier on OTC Markets
(firmenpresse) - MEMPHIS, TN -- (Marketwire) -- 11/16/11 -- (PINKSHEETS: ATWT), a US-based child safety company, today announced that it has achieved the "OTC Pink - Current Information" tier with the , thereby making adequate current information available to the public markets.
The Company's Board of Directors has worked diligently with its accountants and other consultants to compile and present the Company's financial and other disclosure reports since 2009. The Company posted its latest 3rd Quarter interim financial reports yesterday. The Company anticipates that this increased level of disclosure will be welcomed by shareholders, investors, and regulators alike.
Shareholders and other investors can find this disclosure posted on the OTC Markets website, as well as the Company's website home page, .
Alex T. Wiley, President & CEO of ATWEC Technologies, stated, "The Company has focused its efforts on increasing its sales and earnings in 2011; it is apparent that becoming 'transparent' and providing the public with full disclosure on the state of our business will be crucial to our ongoing success."
Wiley continued, "While being public can be time-consuming and extremely costly, our Board is aware that additional funding via the public markets will springboard ATWEC immediately. We feel that ATWEC is positioned for substantial revenue growth in 2012, and providing current adequate information will only help to increase the value of the stock and hopefully attract new investors."
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected."
CONTACT:
ATWEC Technologies, Inc.
Alex T. Wiley
CEO
901-324-7089
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Datum: 16.11.2011 - 12:57 Uhr
Sprache: Deutsch
News-ID 1057998
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MEMPHIS, TN
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Kategorie:
Electronic Components
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