ATWEC TECHNOLOGIES, INC. (OTC: ATWT)
Tulsa, Oklahoma – Nov. 23, 2024– ATWEC Technologies, Inc. is announcing its subsidiary, The Birch Co, a leading Commercial and Residential Construction innovator in the Central U.S., has received a substantial investment to fund its expansion. As part of the transaction, the board of directors accepted the resignation of former CEO Josh Ploch.
The Birch Co has secured over $400,000 in the form of investment, giving the company additional growth capital and funding to reduce its debt. The company appointed Angus Martin as its new CEO, and appointed Darnell Stitts as its Chief Compliance Officer.
“With the additional capital and change in leadership, we are now laser-focused on customer satisfaction, maintaining a very healthy balance sheet, and growing the company methodically,” said Angus Martin, the new CEO of The Birch Co.
The company expects to make more detailed information available in its 3rd quarter filing.
“The market is poised for tremendous growth, and we are confident Angus Martin is the right person, at the right time, to lead the company through this expansion,” said Kevin Cox who serves as the chair of the board of directors.
About The Birch Co
The Birch Co is a leading innovator in the construction industry, dedicated to delivering high-quality, affordable homes, high-end custom homes, and commercial construction projects to its customers. With a commitment to excellence and innovation, The Birch Co. is at the forefront of modern building solutions in the Sunbelt region.
About ATWEC
Advanced Technologies Worldwide Corporation (ATWT) specializes in providing cutting-edge solutions to customers. With a strong emphasis on technology and innovation, ATWC is known for its focus on quality and safety in development and manufacturing.
FORWARD-LOOKING STATEMENTS:
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties, and other essential factors that may cause actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason except as required by law.
For more information, please visit www.thebirchco.com or contact:
Angus Martin
Chief Executive Officer
(918)764-8869
angus@thebirchco.com