ATWEC Technologies Inc (OTC: ATWT) Stock Takes a Hit: What’s The Buzz?
ATWEC Technologies Inc (OTC: ATWT), also known as The Birch Co, was one of the companies to have come on to the focus of investors yesterday following a key new announcement. This morning it could be a good time for investors to consider keeping an eye on the company’s stock.
New Agreement
The company announced yesterday that it signed a new project renovation agreement with ACT House. ACT House operates a worldwide platform for creation of startups and formation of teams through for the purpose of building The Block. As per the details of the development worth millions of dollars ATWEC Technologies would partner with ACT House in building The Block.
In this regard it should be noted that The Block would be a creative hospitality membership club aimed for creating connections, collaboration and creations. It was also noted in the news release that the project was already progressing and would be completed by February next year.
Need for the Platform
It was noted that the popularity of Tulsa as a place for entrepreneurs, artists and tech enthusiasts had been one of the reasons behind the move. The collaboration would create a platform that would offer the facilities of a boutique hotel and premier event space.
Fundamentals
| P/E Ratio | 5.2800 |
| PEG Ratio | 0.04 |
| Price to Book | 0.84 |
| Price to Cash Flow | 28.4593 |
| Price to Free Cash Flow | 28.4593 |
| Total Sales (TTM) | 0.75 M |
| Revenue per Share (TTM) | 0.00 |
| Shares Outstanding | 686.117 M |
| Share Float (%) | – |
| % Held by Institutions | 0.00 |
