Beite Energy Corp (BTNY)

[BucsRock]

If you aren't in or want to add, now is the time before it takes off. It was confirmed by the company today that they will have a PR to discuss merger plans once they receive PC. This is very low float with less than 7.5mm shares outstanding. Think $MTRT was big? This will be bigger.

CEO received full control of AWSI in Aug from the rest of the board, and has 30+ years exp running a wireless communications company. He's done this before with AWSI and merged the assets into his current company SIMREX when 9/11 negatively impacted the business. Now he has a new purpose for the company, and is self funding the costs to bring it current, and has majority control. This won't be a typical merger given the long standing relationship of his two companies I would expect it to be a strategic relationship as SIMREX is also an owner of $AWSI.

CEO confirmed to me no further filings required until November or within 4 days of a material item(merger?)