Bitech Technologies Corp (BTTC)

[Amigo Mike]

Well,

SPIN filed 8K yesterday.
Extension of LOC with Wells Fargo that is guaranteed by one of the directors. Expected and necessary for SPIN.

And ...... the COO Jeff Cronk resigns for "personal reasons" (staying on the BoD). Don't want to speculate on that ..... but ..... his tenure with the company as COO is just over 1 year ...... and during that time ...... there's no outward indication he had any impact on moving the company forward either as COO or a Director.

Upon his prior appointment I pointed out that I was disappointed with that move ...... not bringing in fresh blood. A recent conference call (and outward indications were) SPIN noted seeking more help in mgmt and sales and looking at a succession plan for Dr D. Most recent conference call ..... I don't believe it was even mentioned. BTW, the salary published with those job ads was laughable.

And now we have COO resigning. I'm sure he's too busy with his Spinal Kenetics business ..... afterall ..... you can find numerous Cronk mentions on the web for that company ..... but you find ZERO on SPIN from Cronk. Now why is that eh ???

As I've been saying, current mgmt is basically a zero. Has now admitted publicly Drs aren't interested in selling SPIN their paper but are interested in the QVH on a per use basis. We'll see if that is true or if there are further excuses.

So investors are left with that empty feeling. Even more empty than before.

Dear Dr D ...... WHAT'S THE PLAN ? Stock is near all time lows AGAIN. Where is the company going ?

Bottomline, Dr D needs to get someone running SPIN day to day FULL TIME .... and SOON. Need fresh blood.

Amigo Mike