Werbe
1 week 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.
infamous
2 weeks ago
lmao. where in this profile does it say ANYTHING to do with real estate?....
ATWEC Technologies, Inc. has developed a unique line of hi-tech child care safety and security products for sale in the US, Canada and Mexico. The Company is headquartered in Memphis, TN, with its primary manufacturing plant in Alabama. The Company has invested its resources in the development, manufacture, and distribution of its Kiddie Systems products, specializing in the protection and safety of children, as related to vehicles and transportation, which can be dangerous and potentially life-threatening. The Kiddie Systems product line includes Kiddie Voice, Kiddie Alert, and Kiddie Watch, now marketed and sold to customers across North America. The suite of products was developed to ensure safety and security during the transport of children in day care vans and school buses. The Kiddie Voice alarm system is protected by patent no. US 7,646,288 B2 "Occupant Warning System for School or Day Care Bus and Van", which alerts drivers with a unique warning system every time the vehicle stops. The products prevent children from being forgotten or left in extremely hot or cold vehicles, which has resulted in the deaths of hundreds of young children. The Company is now working to help pass legislation that will continue to promote protecting the welfare of children, and uses its Kiddie Kid mascot to help promote and make safety fun and educational for children, parents and teachers.
Werbe
2 weeks ago
Tulsa boys gonna rock & roll.
Kevin Vincent Cox
General Counsel
Public and Private Equity/Venture Capital backed Chief Executive. Demonstrated ability to transform companies through raising capital, making acquisitions, driving revenue, leading operational execution, and creating a strong exit for the principals or investors. Successful Transformations Include: Driving the transformation of SOAAK Technologies - in progress. Transforming ParagonX Holdings from a pink sheet lifestyle business for the largest shareholders into a diversified entity capable of up-listing and full corporate governance. Acquired seven businesses with over $40M in annual revenue. Extensive crisis management over a period of 2.5 years. Led the strategic transformation of Rockgate Financial into Adaptation Financial Advisors with over $800 Million in Assets Under Management. (3 years to massive ROI) Founding of Logistyx Technologies, making multiple global acquisitions, raising $50 million in capital, and exiting at $185 Million. (4.7 years to massive ROI) Transformed TanData (exit) into ConnectShip (integration) and drove massive enabled transportation revenue growth from $250 Million to $6 Billion in (13 years to massive ROI)