Step 1: Combine soy sauce, lime juice and garlic powder in a plastic bag.
Step 2: Add chicken to the bag, place bag in a bowl and marinate in refrigerator overnight, turning bag occasionally.
Step 3: Drain, reserving marinade.
Step 4: Thread marinated chicken on skewer alternately with pepper squares.
Step 5: Broil or grill 4-5 inches from heat about 5-7 minutes, until chicken is tender, turning once and occasionally brushing on marinade.
Step 6: Serve with lime wedges and peanut sauce.
Step 7: To make peanut sauce:
Step 8: In small saucepan over medium heat stir togher butter, sugar and cornstarch until blended. Gradually stir in buttermilk/yogurt, soy sauce and hot pepper sauce.
Step 9: Bring to a simmer and cook 1 minute.
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