This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Update From MWW Automotive Chairman

Two of our largest customers, ROUSH Performance Products and Polytec FOHA, to name a few, are two of the most established Tier One suppliers and manufacturers in the automotive industry for both domestic and international brands and we have begun production for several of their new products. In cooperation with these two companies we are currently producing for the Ford Mustang, the Ford F-150 the Ford Edge, the Hyundai Genesis, Subaru, Chevrolet Malibu and several others. We are now beginning to see a steady increase in orders, expected to develop even stronger over the coming months.

Diversification into the non-automotive sector was one of our most important objectives and Chuck Pinkerton has successfully received technical certification of our plant, technologies and production processes by several of our large clients and approval for production samples that we're intending to put into full production soon. In addition we will also handle logistics for our industrial client GSI North America. Understandably, the start-up process for these high volume production contracts is complicated and requires advance funds. Often time's delays are caused by certain design and engineering processes at our clients' that are not under our control. Credible indication from our new customers though allows guarded hope that a kick-off for these contracts, originally planned for end of last year, will materialize in the coming 2-3 months.

While we are still struggling to finance all the newly awarded programs and operations, while expanding production capacity at the same time in order to be prepared for larger volume, all signs finally point towards a steady increase in business from new customers and the customers that MWW currently services. I truly believe that the worst is going to be over soon and we are once again set for a prosperous future.

So far, we weathered an unprecedented crisis in the financial sector and in the automotive industry. We made the necessary adjustments, we're working smarter and harder and our goal is within reach to transform MWW into a stable business platform and trusted name in the automotive and industrial industries. By doing so, we should be generating steadily increasing revenues and profits and subsequently improve the share value for all MWW shareholders. Most of us here at MWW are also large shareholders and we are all looking forward to benefit.

3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs