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Tuesday, March 20, 2007 3:05:14 PM
March 16, 2007 (FinancialWire) Buzz Technologies, Inc. (OTC: BZTG) has formed an audit committee to oversee the firm's first audit, among other duties. The committee will include Pol. Lt. Col. Panitan Santipet, Huang Haibo, Steve Jenkins, William R Cheung and one Independent Member from the company's external accountant.
They can post unaudited all they want but that is NOT what any investor wants. One must agree any auditing should be done by a certified outside entity not from within. That's like putting the fox in charge of the hen house. There should be no reason BZTG should NOT want to get this duck in a row. Trust me that would send this company to the next level. Something all of you want to see happen. The next level!!!
I also saw a post about the company canceling the 70 million shares. I don't believe that is their intentions. Take the time and read the PR's discussing the 70 million share scenario. In one breath they said to be held as Treasury Stock. The next says they will be purchased by...China Plus at an agreed price of .124c per share on the first day after Buzz Technologies stock closes above .125c per share. So at this point BZTG has control of them.
One question everybody should be asking is why do the PR"S still show Houston? Hmmm. Remember this is where ATCT was orignally from. I see the stock price is down, in the past posters who post supposed negative post get blamed. I guess I'm to blame!!!
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