Thunderbird Resorts, Inc.: New Auditor and Resignation of Director.POWAY, Calif. -- Thunderbird thunderbird In North American Indian mythology, a powerful spirit in the form of a bird that watered the earth and made vegetation grow. Lightning was believed to flash from its eyes or beak, and the beating of its wings was thought to represent rolling thunder. Resorts, Inc. (CNQ CNQ Cost of Non Quality CNQ Canadian Trading & Quotation System Inc. CNQ Club Neon Quebec (Quebec Neon Club) :BIRD.U)(FWB (Fixed Wireless Broadband) See fixed wireless. :OSJ OSJ Office of Supervisory Jurisdiction (SEC) OSJ Orchestra of St John's (London, UK) OSJ Order of St. John of Jerusalem (Knights of Malta) OSJ Opera San Jose ) announces: APPOINTMENT OF NEW AUDITOR Davidson & Company, who has been the Company's auditor for the years ending December 31, 2002, 2003, 2004, resigned as auditor. The Company has appointed a San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. firm, Oliva, Sahmel & Goddard, as its auditor. The Company's operations in Panama, Guatemala, Nicaragua, and Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America. and in the Philippines will be audited by the Ernst & Young auditing firms located in each of those countries while Oliva, Sahmel & Goddard will conduct the consolidated audit for the parent company, Thunderbird Resorts, Inc. KLAUS MOSER RESIGNS AS DIRECTOR Klaus Moser resigned his position as a director of the Company and as President of the subsidiary, "Thunderbird Hotels". International Thunderbird Gaming Corporation is an owner and manager of international gaming facilities. Additional information about the Company is available on its World Wide Web site at www.thunderbirdresorts.com. On behalf of the Board of Directors, Jack R. Mitchell, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Cautionary Notice: This release contains certain forward-looking statements within the meaning of the securities laws and regulations of various international, federal, and state jurisdictions. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential revenue and future plans and objectives of the Company are forward-looking statements that involve risk and uncertainties. There can be no assurances that such statements will prove to be accurate and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's forward-looking statements include competitive pressures, unfavorable changes in regulatory structures, and general risks associated with business, all of which are disclosed under the heading "Risk Factors" and elsewhere in the Company's documents filed from time-to-time with the CNQ and other regulatory authorities. Thunderbird Resorts, Inc. (CNQ:BIRD.U) (FRANKFURT:OSJ) |
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