Beite Energy Corp (BTNY)

[Moses1492]

History: The vast majority of the restricted shares were held by Frank Neuperger and Simrex. This ticker was rehabilitated by Frank. Simrex (owned by Frank's wife) had large receivables against the previous company (AWSI) that went under. Frank petitioned for custodianship of the ticker, got it, and paid off those other companies with claims using shares. He rewarded himself with 15M shares and Simrex held 1M. Those are restricted according to filings. He then sold those shares to Hongmei Sang who now controls the ticker. Hongmei changed the ticker to BTNY and changed the name to "Beite Energy Corporation". According to filings, the float is only 5.2M shares.

The company that is anticipated to be merged into this produces sands and other products used in fracking. Website:
http://www.bingyangkeji.cn/