!!! BHGI: 2017 DILUTION (Updated Jan 6 2017) !!!
Looks to be more difficulty ahead for 2017 as the company struggles to stay afloat and will most likely need to continue dilution of shares at fractions of the current retail share price to make debt payments. It also appears as though the acquisitions are having some setbacks given the first acquisition announced as complete in an April 2016 pr still is not reflected in the financials through September 30 2016.
For starters the A/S is still 300,000,000 Shares (wonder why they kept it so huge even after the reverse split? LOL)
NEW NUMBERS FOR 2017!! OUCH!!!!
Per TA on October 19 2016: (coverted to R/S totals)
Issued and outstanding is 1,232,585
Free trading (float) is 371,590
Per BHGI via OTCmarkets.com on Jan 3 2017
Issued and outstanding is 17,452,615
Free trading (float) is 2,592,368
To summarize:
Issued and outstanding +16,220,030 shares or a +1316% increase --- LOLOLOLOL
Free Trading (float) +2,220,778 shares or a +598% increase --- LOLOLOLOL
I guess we will wait to see in 4 months what the Q1 2017 Financials look like - How much trust do you have that value is actually be returned to the company for these share issuances this time around? If no value is added aside from debt payments at a conversion of 0.0025/share to the balance sheet in trade this is absolutely verification that this is a sinking ship.
Below is the the 2016 3rd quarter dilution with zero revenue or assets added to the balance sheet.
Per TA on August 15 2016: (coverted to R/S totals)
Issued and outstanding is 1,182,439
Free trading (float) is 321,567
Per TA on 10/19
Issued and outstanding is 1,232,585
Free trading (float) is 371,590
Issued and outstanding +50,146 shares or a +4% increase
Free Trading (float) +50,023 shares or a +15.5% increase
DILUTION
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