MWW Automotive Meets Adjusted Sales Forecast of $803,000 For 2012
HOWELL, MI--Nov. 5, 2012: MWW Automotive Group (OTCQB: MWWC), a global design and manufacturing firm serving the world's leading automotive and industrial manufacturers, announced today that it has met its adjusted sales forecast for the fiscal year 2012, ending September 2012, generating revenue of $803,000.
"While we had a difficult year, we feel that we have now reached our turn-around point and are on the path of recovery. We are pleased that we have been able to meet our adjusted sales forecast," states Chuck Pinkerton, CEO of MWW Automotive. "We are grateful for the support of our major clients that have put their trust in us to manufacture their high quality products and who are continuing to increase production volume with us. We appreciate the help and understanding of our major shareholders, our legal and auditing team and our investment partners that have assisted us and are continuing to assist us in our turn-around process. During the last 18 months we have applied all available resources and have made significant progress in rebuilding our client roster. We are currently in production for Ford, Chevrolet, Scion, Toyota, Hyundai, Lincoln Mercury and Mazda. While we still may have difficult times ahead of us, we will continue to work relentlessly to return MWW to profitability within the near future."
The preliminary revenue figure discussed above remains subject to audit. We encourage you to review all MWWC SEC filings for a detailed description of all risks.