Werbe
2 weeks ago
I dont think Assembled did anything but what do I know. I read them as a small, women owned plant. It seems the land itself, not the building was the hangup. I would kind of agree with Assembled, if they can manufacture circuit boards and specialty components out of their factory, no way they sold it for just $1.1 million. I think ATWEC tried to pull one on them with wording in the contract, but I do think ATWEC owns that factory fair and square. If that deal is also canceled, that one would really be a loss.
Safebus dude is a quack, he is pushing some autowarranty website now lol. He for sure was just in it for the rub. I am not sure how Wiley passed but that seemed like a turning point here.
I dont think we could get any shares back from Assembled because those shares were sold off in a court approved transaction, so those are held by retail. Safebus we take those 80 million and burn them though. I just hope they dont give up on the Wiley asset man, that is why I came here.
Werbe
2 weeks ago
Safebus tech looked like a dead asset @ time of purchase. Wyoming SOS showed them as delinquent on tax and RA from 2018 til archived in 2020. Barton created another one in Wyoming in 2021 but never showed any signs of new ownership or doing much on it, they are still active but yet to file this year. Barton on LinkedIn has left all mention of Safebus out that I can find so I kind of think Safebus was part of the pump but fluff. Not sure how the software is even created since I cannot find anything they claim was proprietary. I can see that deal having both sides walking away.
Ive always LOVED that patent for the audible alarm. Id have to read over it again but if I recall correctly, it gave patent protection on any daycare/school transport vehicle audible alarm to check for left behind children. All the driverless tech coming, school buses etc will need to have audible alarms like this so all chaperones and parents can make sure no child is left behind. If ATWT gets rid of this asset also, would the 112 million shares the estate holds be bought back by the proceeds, what about the debt.
I hope we keep Alabama plant and the Wiley patents. Bring in KVC to help build that portion out and handle the financing. Birch CO has multiple subs that does this and that but my gut says they will wipe the slate clean and sell off all old assets and buy out any debt/shares owned. No way would I bring in my hardwork so peeps with hundreds of millions of shares can vampire me over years and years. Thats my line of thought.