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ATWEC Technologies Inc (OTC: ATWT) Stock Soars 32%: What’s The Buzz?

Madison Hall

Following a key announcement last Friday the ATWEC Technologies Inc (OTC: ATWT) stock was in sharp focus, and it could be on the radars of investors this morning as a consequence. Here’s a closer look at the announcement from the company.

Significant Update

The company announced that its construction innovator subsidiary The Birch Co had managed to get a significant investment for financing its expansion efforts. In the news release, it was also noted that the resignation of the former Chief Executive Officer Josh Ploch was also accepted by the board of directors.

The investment was worth $400,000 and that would provide The Birch Co with funds for not only financing its expansion but also help it in cutting down its debts. Angus Martin was appointed as the new Chief Executive Officer and a new Chief Compliance Officer was also appointed in the form of Darnell Stitts.

Further Information

Following the appointment of a new leadership and fresh investment, The Birch Co was going to be hyper focussed on keeping a strong balance sheet, maintaining higher customer satisfaction and ushering in methodical growth. In light of the latest development, it could be a good time to add the ATWEC Technologies stock to your watch lists.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.