Buzz Technologies Provides Q4 Financial Results.Buzz Technologies Inc. Provides Outstanding Q4 Financial Results HOUSTON & BEIJING & BANGKOK Bangkok (băng`kŏk'), Thai Krung Thep, city (1990 pop. 8,538,610), capital of Thailand and of Bangkok prov., SW Thailand, on the east bank of the Chao Phraya River, near the Gulf of Thailand. , Thailand -- Buzz Technologies, Inc. (Pink Sheets: BZTG) announced today highlights of last quarters financial results. Revenue $6.3m USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and Profit of $1.33m USD both beat expectations and represent a solid increase on last quarter. Estimated Revenue for next Quarter is $8.5m USD. The company will publish detailed financials on it new corporate site very soon. 1. Audited Financials Buzz Technologies, Inc. has made substantial inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ into the status of becoming fully reporting and the company remains committed to this. The process given the wide geographical scope of operations and other logistical lo·gis·tic also lo·gis·ti·cal adj. 1. Of or relating to symbolic logic. 2. Of or relating to logistics. [Medieval Latin logisticus, of calculation issues is not an easy one. At this stage the company continues down the path of being and audited entity. 2. Thai Military Contract Although we are not permitted under the contract to be specific on a number of matters, the contracts are ongoing and substantial. They include software, hardware and services on an ongoing basis. 3. Investor Awareness Investor Awareness is knowledge the investment community has of a company. [1] It can be looked at like this: “Do investors know about your company?” If the answer is “yes,” then it could be said that the company has “good investor awareness” The Company will commence an awareness campaign this week. 4. 7c Buyback Buzz Technologies Inc and Asian Asset, now China Plus, have remained on market, constantly buying large amounts of stock and continue to do so. The aim of this is for not less than 75% of the company is owned by our group of companies; the market has not reflected this intention, however we remain steadfast in our commitment to take that stake in the company. It is also the opinion of the board that BZTG remains grossly undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. . About Buzz Buzz Technology is a diverse group of Telecommunications and Internet related products and services aimed at the new frontier New Frontier President John F. Kennedy’s legislative program, encompassing such areas as civil rights, the economy, and foreign relations. [Am. Hist.: WB, K:212] See : Aid, Governmental of next generation technology from telephony, fixed line and VoIP, to state of the art Search Engines and the delivery of Information, News, Entertainment and Communications in new ways to new devices. Established in Asia and expanded to the USA, Buzz will continue to expand where consumer's desire reliable introducing VoIP, access to powerful, direct result search engines and technological business and home solutions based on next generation technology accomplished through in-house development, licensing, acquisition, and strategic partnerships based on mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" business goals and compatibilities. Buzz is poised to take the leadership position in turnkey See turnkey system. Internet solutions in the Asian consumer market place. The foregoing press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. based on the Company's beliefs as well as assumptions made by and information currently available to the Company, including statements regarding the timing of the introduction of certain products. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties which are identified and described in the Company's registration statements and periodic reports on file with the SEC, some of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a variety of factors including, among others, issues related to the travel and transportation industries, and prevailing economic conditions in general. In light of these risks and uncertainties, or should underlying assumptions prove incorrect, there can be no assurance that the forward-looking statements contained in this press release will in fact transpire or prove to be accurate. |
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