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Hobo. You don't need to do anything the shares will be converted automatically.
Anyone that says different is incorrect.
Buzz Technologies Inc (OTC:BZTG): Buzz Inc, Letter from the CEO
Jun 10, 2009 (M2 PRESSWIRE via COMTEX) -- It is great to take the helm of Buzz Inc, and I am looking forward to working with everyone and expanding our Board of Directors. Buzz Inc has been coming together as a company for many years, and it is my role now to complete the company. Today we find ourselves at the very beginning of that task. Positive change is now underway across the company but there is much work to do.
It is my firm belief that financial strength is the foundation for all our corporate aspirations. The bottom line is, the bottom line, and building our financial strength is my number 1 priority.
The financial objectives that I have set are:
* Double-digit operating margins in all operational units;
* Strong cash generation without debt;
* Consistent multi-sector growth greater than the market;
* Improved share price;
Buzz Inc has a proud history. The company has consistently grown and developed without any external funding. We intend to continue that tradition, and start a new tradition of delivering consistent value to shareholders. It won't happen tonight, but the change is underway. As I write this, I have been in charge for a few days. I have relocated the entire family to Hong Kong and will set about the transition to being 100% Buzz Inc. Our team wants to build this company and is ready for the tough roads ahead. Although sacrificing life on the beach, weekends on the boat and what many would consider a perfect life, I can't think of a place I would rather be right now than leading Buzz Inc on its way to success.
In the coming weeks you will see changes to the sites, a site audit is underway to make sure there is consistency and professionalism at all levels. I have ordered and approved funding for staff to be dispatched to 3 gold mining sites in Asia that the company has, and for management to start negotiations to finalize a tentative Oil reserve in Asia that we have held for some time. Iron Ore, Gold and Oil are my prime targets for our mining section.
Bztg shareholders are entitled to 1 Buzz Inc share for each Bztg share held. The share capital of Buzz-Inc is exactly the same as Bztg and the company has stated on numerous occasions there will be no dilution of the share capital. The company has also remained debt free and has only 1 class of share, no preferred shares, and no charges over assets or any other encumbrances. This will not change.
I will be settled in Hong Kong this week and new contact details will be posted for me.
CONTACT: Beth Simpson, Personal Assistant to the CEO, Buzz Technologies Inc e-mail: beth@12buzz.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2009 M2 COMMUNICATIONS
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I feel pretty good with that prediction.
See you in August.
Lowe6er
The problem with this board is you have the inability to even FIGURE OUT THE IPO PRICE OF MICROSOFT. LOL.......
CHANGE THE IBOX FREEDOM FIGHTERS.
Microsoft IPO
Abstract:
In this paper we will discuss Microsoft's IPO, which was entered into the market in 1986 and gained immediate success. On its very opening day, Microsoft's stock price went high and the founders of the company earned millions in no time.
Microsoft, the largest producer of home PCs in the world, issued their first IPO in 1986, which did well on its very first trading day.
On its opening day of trading, the price of Microsoft's stock started at $19.75 USD.
Microsoft's stock price closed at $27.75 dollars after its blistering opening; once, in the middle of the day, it had reached $29.25.
In addition to that, the number of shares that had been traded hands was more than the number of shares offered: 3.095 million.
http://finance.mapsofworld.com/ipo/microsoft.html
You guys are DD machines..... lol
Joke this place is.
Lowe6er
One more thing is that I am sure that Shayne will do a great job running "Buzz-inc" and bring us to the HK exchange with divy in hand.
L6 out.
Numbers please read. From their press release under quotes on this site.
Buzz Technologies, Inc. has established a blanket agreement covering all cost and any required expenses with Buzz, Inc. Under the agreement Buzz, Inc. will pay any all such amounts within the prescribed period of the debt. Buzz Technologies, Inc. now holds a significant investment in Buzz, Inc., and will distribute that investment to holders after which it may seek to acquire other investments or investment management services.
Let me know if this is clear enough for you.
Lowe6er
Hence why shayne is not the CEO of BZTG.
Don't worry numbers you know best. EM
I going to get out of here.
Good luck with all your DD and reading of posts and PR's.
You guys can sure proof read em... but lack the ability to understand them.
Penny was able to figure it out even with his own negitive spin.
Later,
L6
Funny there is no website buzz.com and the chat room has no such label.
Amazing,
Lowe6er
Is this Buzz-inc?
Read again.
Get another lacky to post the information properly and then stick it up.
Lowe6er
CEO/Executive Director of Buzz Inc
BZTG — Buzz Technologies, Inc.
They are different.
Lowe6er
I have removed that last Sticky as Shayne is not the CEO of BZTG.
A stick is reserved for Factual information.
Lowe6er
I know you guys were looking at BZTG this time last year and it had a nice little run back then.
Did it make the list this year?
I still think it has a lot of run left in it.
Lowe6er
Woo Hoo... Choo Choo..... EM
I think it is funny how that trade cost someone 100% if they would of waited 30 minutes.
The bid as even 20% higher at the time.
LOL
Shows how savy the sellers of this stock are!
Emergency gathering too funny....
Lowe6er
I am under the impression that they wanted to keep the shareholders informed of progress.
They said 7 days they told us in 1.
They said Monday...... We will see what they say on Monday.
Good luck.
Lowe6er
Buzz Technologies Inc (OTC:BZTG): Board Accepts Offer.
Should be interesting to see what comes of the New CEO.
On Monday the New CEO will be named at a private function in Phuket, Thailand.
Looks like progress to me.
Good Luck
Lowe6er
It was a friendly service annoucement.
Rumor has it that the ones that were able to skillfully hold the price down on this one recently got fingered by the SEC.
Bztg is free to run now.
WOO WOO
Lowe6er
That is Funny I never see anyone LOLing when they sell 100 at close to drop the stock 50%.
There is a train coming my friend.
LOLowe6er
Thanks for the opinion penny. Mine is to buy and hold. I think that we are getting closer and closer to a transparent money making company that will knock most of you guys out of your shorts.
Even at .02 they are still paying close to a 50% divy.
I hope for more good news in the up coming weeks.
June should be one to remember.
Lowe6er
Thanks for the tip. All I know is that the buzz crew has been working hard on getting these sites up and running.
Lowe6er
I all I can tell you slim is hold on to your panties cause bztg is going for a ride.
Lowe6er
I am no rocket surgeon but I think that it means that american bulls currently rates this stock as a buy.
I think it is a site for trading stocks not buy and hold.
Lowe6er
12buzz.com 57th most popular site.
http://www.alexa.com/siteinfo/http%3A%2F%2Fwww.post.12buzz.com%2Fsubscribe
Check it out 57th in Monaco.
Lowe6er
There has been no dilution in close to 3 years. There are 300 million shares outstanding.
Lowe6er
BZTG will be the June stock of the summer. Divy and shareholders on record date set for June 30th. Promo to start shortly.
Put this one on your radar folks.
Thank me in August.
Lowe6er
It looks like they are a PR\IR type firm.
http://www.belltowerentertainment.12buzz.com/
Now please, anyone, tell me how this can not be a guaranteed "profit" maker.
We all know how this game works, cash or shares for promotion. Win\Win situation in my opinion.
Good luck
Lowe6er
Buzz Technologies Inc (OTC:BZTG): Surin Hill Developments Phuket Deploys Buzz Powered Interactive Features
May 20, 2009 (M2 PRESSWIRE via COMTEX) -- Surin Hill Development Company is a leading Phuket Luxury property developer in Thailand, based on Surin Beach. Property projects to date include Baan Thai Surin Hill (18 Sea view villas) and Baan Thai Surin Garden (8 villas), The Quarter Condominium (20 Sea view condominium units),with two projects under development; Baan Thai Surin Hill Pool Villas (5 pool villas), and the latest project 'Baan Thai Layan' - 8 phases of condominiums sold as a unique real estate investment opportunity.
Surin Hill Developments has taken the lead in Web Marketing in Phuket by deloying new technologies from Buzz Inc's 12buzz.com. Th new services go beyond marketing and into the direct sales and business management fields. "On location at the Surin Hill sites, the property a customer wishes to purchase is available for multiple inspections and scrutiny. This helps to answer any question the customer has quickly, whether through their own observance or with the help of a Surin Hill staff, we wanted to bring that level of comfort and transparency to our web visitors, and Buzz delivered a great solution" said Wanwipa Horbutt Managing Director of Surin Hill Developments. "Property inspections online are very different. The process of getting answers is usually more complicated, forcing the customer to either pick up the phone and wait on hold for the help they desire, or send an e-mail and then wait patiently for a response. At www.surinhill.com you can get what you need instantly thanks to our new technology" she added
The speed and simplicity of searching Real Estate online should not be plagued by a slow response time to questions a buyer may have. At Surin Hill Buzz has implemented a live service where a buyer can ask questions, get pricing, check availability make a rental or purchase booking, the service also allows the direct distribution of documents, images and video to email and even to mobile phones.
Try the service today at www.surinhill.com
CONTACT: Buzz Technologies, Inc WWW: http://www.buzz-inc.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2009 M2 COMMUNICATIONS
Property starting to go global.
http://www.spain.12buzz.com/restaurant-for-sale-puerto-banus.htm
Can't wait for the new property site to come online.
Lowe6er
There sure are a lot of "everyone in the world" and you seem to be speaking for a few continents in your post as well.
I guess that is your opinion for the planet "Earth."
Your opinions are not based on any tangible info that I have seen.
As Slojab states please post some links to backup your claims.
Also please try to get a new punch line FD and RC are getting old.
I believe that when "all" the info is online we will see both an increase in buying and a rise in the PPS.
The Divy is going to happen. There is more info saying that it is versus info stating that it is not.
Actually only about 4 people here are the only ones "IN THE WHOLE WORLD" and "ON 7 CONTINENTS" saying that it is not going to happen.
But since it hasn't I guess it is still a topic of debate.
Place you bets.
Lowe6er
Buzz Technologies Inc (OTC:BZTG): Manganese Reserve Now Certified at 6m tonnes
May 12, 2009 (M2 PRESSWIRE via COMTEX) -- Buzz, Inc is pleased to announce that the a Certified Reserve of 6m MTU of MN Ore has been signed by Mr. Suthep Soontrarun Geologist/Mining Engineer acting as Authorized Geologist on Behalf the Department of Primary Industries and Mines, Ministry of Industry. This Certificate covers 2 of the 4 sections on the Lanna site. This certification completes an important part of our sales and marketing plan for 2009.
Focus now shifts to the Lanna Nth Site where preliminary studies have indicated a minable quantity of 8m tonnes of Iron Ore. Iron Ore, like Manganese Ore prices have fallen substantially since the credit crisis griped the world, they have since begun to recover. Given the site is located very close to China we see that we have some pricing advantages in relation to shipping.
In relation to Iron Ore it is important to note that the traditional pricing method is coming to an end. Should exchange trading of Iron Ore commence Buzz, Inc would need to have the Iron Ore not only certified locally but, like the London Metal Exchange we would need to gain exchange certification.
Interested parties should read the Financial Times report on Iron Ore Below:
Three of the biggest banks in commodities plan to launch trading in iron ore, a further signal of the rapid growth of the mineral's derivatives market amid disarray in the annual price negotiations. The move by Morgan Stanley, Goldman Sachs and Barclays Capital into cash-settled iron ore swaps comes as mining executives acknowledge openly that the traditional system of annual talks - known as the benchmark - to settle prices for the input to steel is breaking down.
The secretive negotiations are between Vale of Brazil, Rio Tinto and BHP Billiton and the steelmakers, led by Baosteel and the China Iron and Steel Association.
Traders said spot prices - physical and paper - could gain further importance if miners and steelmakers fail to reach an agreement for the 2009-10 prices, after missing an April 1 deadline. They said the possibility of a failure was growing.
The likelihood of a structural change to price iron ore sales based on spot prices rather than annual settlements comes a year after the launch of the first cash-settled ore swap by Credit Suisse and Deutsche Bank.
Among the banks, Morgan Stanley said it had started trading iron ore. Barclays said it was "considering entering into the iron ore market in response to" its customers' needs while bankers said Goldman Sachs was looking into ore, but added that its plans appeared less defined. Goldman declined to comment.
Espen Aaboe, managing director of freight at Morgan Stanley in London, said that as the spot market for iron ore has evolved, Morgan has concluded that there were "opportunities" for both the bank and its clients by being involved. "It is clear that the benchmark system is undergoing change and that the long-term trend may be evolving towards a spot pricing market," he told the Financial Times.
Bankers and traders said Morgan was better positioned than others to profit from iron ore trading because of the linkages with its strong freight business.
The spot physical ore market last year saw transactions worth about 180m tonnes, up 50 per cent from 2007, and accounting for about a fifth of the total seaborne ore market, according to BHP Billiton. Traders estimate about 18m tonnes of iron ore were traded on the derivatives, or paper, market in the past 12 months and estimate volumes could hit 30m-40m tonnes by the end of the year.
The paper market has been boosted after LCH. Clearnet, Europe's largest independent clearing house, and Singapore Exchange, announced that they would clear the swaps. The move is important because until now, buyers and sellers of the private, bilateral over the counter swaps bore the risk of their counterparties defaulting, deterring some potential participants. Now that concern has been salved.
Ian Ashby, head of iron ore at BHP Billiton, said the market was following a natural evolution. He told an industry conference last week in Sydney: "Not only is iron ore now traded daily on the physical market, but also every day iron ore paper contracts are traded."
CONTACT: Sutida Suwunnavid, Buzz Technologies, Inc Tel: 66 80 700 7900 123 Tel: 66 80 700 7900 129 WWW: http://www.buzz-inc.com WWW: http://www.livetradingnews.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2009 M2 COMMUNICATIONS LTD
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Looks like things are progressing nicely with the mining operations.
2 short months ago people were asking if the mine was even real.
Now we see some serious equiptment.
http://www.buzz-inc.com/1312-featured-product-manganese-ore
Not sure what the contract says but if I had to guess it says something like "We are going to make your shareholders rich!"
Good luck all.
lowe6er
Now this might come as a shocker but I disagree 100%. BZTG has spent the last 3 or so years growing a company that is getting ready for prime time.
They have done this without dilution and have asked nothing of the shareholders but to be patient.
It was stated many times what view an investor should have when getting into this stock.
They are more open with what they are doing now then ever.
We all know the fins will come with the IPO.
You know the market looks 6 to 9 months ahead.
You my friend are living in the past.
Rock on Buzz 09 is still the year.
Lowe6er
Wow, way to make a point with zero reason behind it. You should really pratice what you preach.
Keep up the good work.
I personally thought that it was a well written and gave insight into the company and their belief system.
Enjoy the rest of the weekend.
Lowe6er
Time & Sales most recent next page
Rec. Time Action Price Volume
2:46:11 PM Trade 0.008 40000
2:46:09 PM Trade 0.008 39900
2:15:32 PM Trade 0.007 50000
1:47:47 PM Trade 0.0075 38600
1:47:01 PM Trade 0.0075 65000
1:36:06 PM Trade 0.0075 72500
1:33:15 PM Trade 0.0075 5000
1:25:16 PM Trade 0.0075 5000
1:08:57 PM Trade 0.0075 21000
1:05:00 PM Trade 0.0075 20700
Not a bad.
Have a good weekend.
Lowe6er
I would like to see the links to the rhino crap and fairy dust. EM
I assume this should apply to the non-pro bztg types as well.
Please inform hobo and 6-1 et all.
Thanks
Lowe6er
Nice list. A lot of those projects are doing well.
http://www.buzz-inc.com/602-in-development-expedia-powered-online-travel/
Lowe6er
Buzz Technologies Inc (OTC:BZTG): Stocks to Watch WAMUQ OIH
I heard today that buzzfs was profitable.
May 05, 2009 (M2 PRESSWIRE via COMTEX) -- WAMUQ Defruaded by JPMorgan
Washington Mutual Inc (WAMUQ.PK) has filed a lawsuit against JPMorgan Chase & Co (JPM.N) seeking the return of more than $4 billion in cash deposits which it lost access to when its bank was sold last year.
Washington Mutual Bank was closed by the U.S. government in September, in the largest bank failure in U.S. history. Its banking assets were sold the same day to JPMorgan for $1.9 billion, and the parent holding company filed for bankruptcy protection a day later in what seems to clearly be an underhanded deal to bolster the JPMorgan balance sheet while the company reorganizes. While it is clear to anyone familiar with the story the withholding of the $4b does not fit within hastily provisioned sale contract.
In a lawsuit filed late Monday in U.S. bankruptcy court in Delaware, WaMu said that JPMorgan has "wrongfully withheld" more than $4 billion in cash that the parent company had on deposit at Washington Mutual Bank at the time of the acquisition.
WaMu said in the lawsuit that JPMorgan improperly claims it acquired the deposits as part of the takeover transaction, when they should have been treated like any other deposit at the bank.
"The cornerstone of the agreement by which JPMC acquired the assets was that all Bank depositors would have immediate and ready access to their cash on deposit," WaMu said in the lawsuit.
WaMu said it needs access to that cash to come up with its Chapter 11 plan, and that by withholding the deposits, JPMorgan could be earning as much as $200 million per year in interest on those deposits.
A JPMorgan Chase spokeswoman in Chicago declined to comment on the lawsuit, saying "we do not comment on ongoing litigation."
The lawsuit was filed as an adversary proceeding to WaMu's main bankruptcy case. The bankruptcy case is In re: Washington Mutual, Inc. U.S. Bankruptcy Court, District of Delaware, No. 08-12229.
OIH
Oil Service HOLDRS (NYSE:OIH)Trust issues depositary receipts called Oil Service HOLDRS, representing an undivided beneficial ownership in the common stock of a group of specified companies that, among other things, provide drilling, well-site management, and related products and services for the oil service industry. The Bank of New York is the trustee. The Trust will terminate on December 31, 2041, or earlier if a termination event occurs.
As Oil prices recover this investment trust is set to see broad spectrum growth from the majority of the invested companies.
Buzz Inc and the Author are, have been and will continue to trade markets in these 2 equities.
CONTACT: Sutida Suwunnavid Tel: +66 80 700 7900 123 Tel: +66 80 700 7900 129 WWW: http://www.buzz-inc.com WWW: http://www.livetradingnews.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2009 M2 COMMUNICATIONS LTD
**********************************************************************
As of Friday, 05-01-2009 23:59, the latest Comtex SmarTrend? Alert, an automated pattern recognition system, indicated a DOWNTREND on 12-15-2008 for JPM @ $28.98.
For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2009 Comtex News Network, Inc. All rights reserved.
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