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Movie Studio, Hotel and Mixed-Use Entertainment Complex Opening in the Mid-South


News provided by

ATWEC Technologies, Inc.

Apr 13, 2021, 08:00 ET

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MEMPHIS, Tenn., April 13, 2021 /PRNewswire/ -- MVP3 Entertainment Group, LLC, an entity formed in Memphis that focuses on purpose-driven films, music and television productions, while giving back to nonprofits, recently partnered with ATWEC Technologies, Inc., (ATWT on the OTC Markets) to start an entertainment mecca in the mid-south.  

ATWEC Technologies sells child safety solutions to schools and day care centers worldwide. ATWEC and MVP3 partnered to create MVP3 Studios & Partners, LLC, the umbrella for a multi-use center that will have six production sound stages, music recording studios, television network, retail, museum, art gallery, restaurants, office space rental, indoor sports complex and family entertainment.  

This venture will also include hospitality that features a 150-room hotel, developed by The Worsham Hotel Group (based in Atlanta), which develops limited and full-service hotels, boutique inns and private owned residences. 

"We have formed the ultimate entertainment powerhouse with three brands. All different cultures, businesses with the same mission and the like-minded spirit to make a difference to help Memphis andthe surrounding cities get back on their feet economically within the entertainment industry. We want to be the example that this world needs to come together. My motto is, 'You got sticks, I got a match and together we can make a fire,'" said Marie Pizano, CEO/Founder of MVP3 Entertainment Group.

This trifecta entertainment powerhouse will be the home of MVP3 Studios, ATWEC Center and a hotel (name/brand TBD with the Worsham Hotel Group), and will include approximately six movie theaters that will show blockbuster hits and new theater releases from MVP3 Studios. 

Darnell Stitts of ATWEC Technologies had a vision that mirrored Pizano's. "As fate would have it, after engaging in conversations and exchanging some of the same visions for the Majestic Complex, we decided to form an alliance to accomplish both our goals," Stitts said. "Marie is a major piece to the puzzle that is needed to ignite the fire that we both share. Together, we can ignite the sticks and keep the fire lit for all to enjoy its heat."

 MVP3 Studios & Partners has purchased the property owned by Michael Lightman Realty Company, The Majestic Theater, an 80,000-sq.-ft. building, and the 20 acres of land that it resides on at 7051 Malco Crossing, at the corner of Riverdale Rd. and Malco Crossing in Memphis.

"We have our own slate of films, plus we're partnering with other production companies that share our vision for content. We have also partnered with film distribution companies and have a structured business plan that will work on bringing the city together, while creating multiple revenue streams to encourage economic growth, tourism and redefine what this entertainment industry needs to bring back its integrity in media and music. Partnering with ATWEC Technologies, and its innovations, we will be able to sanitize the air with their KV-X Sterilization System for the movie studio, hotel and family center," added Pizano.

Phase 1 is scheduled to open July 1, 2021, with six movie theaters, dining, movie refreshments, catering, events and a rental theater for hosting corporate events, presentations, singer/song-writer nights and more.

Phase 2 will open in late fall with retail gift shops, music recording studios, TV network and office rental space. Phase 3 is the 150-room hotel, and Phase 4 will showcase new technology, sports complex and family center with plans for an indoor theme park.

About ATWEC Technologies, Inc. (OTC PINK: ATWT): ATWEC Technologies, Inc. is a child safety and security technology company, headquartered in Memphis, TN, in business since 1979. ATWT has developed three unique child safety devices which protect children while they are being transported, both to and from schools, events, and homes, and gives parents and administrators 'peace of mind'. ATWT has been issued patent number 7,646,288, B2 for its KV-3 system by the US patent office, and its business model is associated with legislation designed to mandate these systems for school and other vehicles, on a state-by-state basis. The KV-3 and the Kiddie AlertTM backup systems are currently being sold to customers across the globe. The Company recently announced their new "state of the art" KV-4 platform which uses RFID technology and their new cloud-based system to easily track children on vehicles to and from home. The Company also recently announced its KV-X product which used ultra-violet rays to sanitize a bus or van from bacteria and pathogens. The Company trades on the OTC Markets under the symbol "ATWT", and the Company's website is www.atwec.com.

Safe Harbor Statement

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected".

You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosure information.

All company or product names used are the property of their respective owners and may be the trademarks (TM), service marks (SM), or registered marks (R) of other companies, and are used for information purposes only and to their owners' benefit, without intent to infringe.

Contact:

ATWEC Technologies, Inc.
Darnell Stitts, President and CEO
[email protected]
901.435.6849

Media Contact:
Tiare Stone 
[email protected]
MVP3 Entertainment Group
Phone: 901.861.6304

For more information about the MVP3 Studios visit www.MVP3studios.com.

SOURCE ATWEC Technologies, Inc.

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