Elite Microcap

[petergriffin]

BFHJ MONSTER DD PACKET

I'll separate this post into following subject areas so everyone reading this can make their own investment decisions:

1. Background info
2. S/S
3. News items.
4. Annotated
5. Stuff to look forward to.

Also, before I even get into that list, this is an UNOFFICIAL PICK which means Mods on this board know about this forthcoming post and allow it but it's not an official group pick. Does potentially seem to be a good pick based on what this company has going for it and the current PPS which seems RATHER UNDERVALUED to me. BFHJ is also a pennystockgurus pick.


1. Background info

BFHJ is a real estate, hotel owning/operating, online casino stock in essence with a said to be strong developing presence in Nicaragua apparently becoming the "new best place to retire".

United States Office:

Beneficial Holdings, Inc.
4421 Edwards Avenue
Las Vegas, Nevada 89108
1-702-442-1110

Central America Office:

Beneficial Holdings, Inc.
Apartado PA-267
Managua
Nicaragua
[phone]

Websites

www.hotelbeneficial.com Hotel Beneficial website
www.hotelbeneficial.com/nica Nicaragua Travel Forum operated by Hotel Beneficial
www.bet.cr Forthcoming online casino for non-U.S. residents
www.sportsbook.cr Forthcoming online sportsbook for non-U.S. residents

Alexa Rankings of online casino website with solid organic growth it seems and on little to no advertising revenue being spent so far:

Bet.cr’s Worldwide Traffic Rank
Spain 36,263
Canada 81,217
United States 484,444

http://www.alexa.com/siteinfo/bet.cr

Subsidiaries

Nicaraqua - Grupo Beneficial

Grupo Beneficial, Sociedad Anonima, received its cedula-RUC from the Ministerio de Haciendo y Credito Publico on June 23, 2009. It's Constitution was filed with the Registro Publico Mercantil. Grupo Beneficial received its Constancia de Responsable Recaudador de Impuestos Indirectos from the Ministerio de Haciendo y Credito Publico Direccion General de Ingresos. The Constancia allows the subsidiary company to collect sales tax known as el Impuesto al Valor Agregado and to perform monetary transactions while conducting business.

City of Managua - Grupo Beneficial

Grupo Beneficial received its Constancia de Matricula from the City of Managua on June 29, 2009. This allows the company to conduct business in Managua.

Grupo Beneficial, S.A. 97% owned by Beneficial Holdings, Inc. Operates the Company's gaming sites in Nicaragua such as the Vereda Tropical and Buchona gaming locations. It is currently in negotiations for several acquisitions. Owns the www.bet.cr internet domain name that will house the Company's forthcoming online casino for non-U.S. residents.

Recreaciones Beneficial, S.A. 97% owned by Beneficial Holdings Inc. Owns Hotel Beneficial Managua free and clear. Entered into a 50/50 joint venture to build a hotel/casino in El Crucero, Nicaragua.

Beneficial Marketing, Inc. - A Colorado corporation set up by Beneficial Holdings to market its bet.cr casino and upcoming sportsbook.cr website.

Beneficial Property Holding Corp. - A Colorado corporation, wholly owned subsidiary of Beneficial Holdings. Formed partnership to develop resort near Montelimar, Nicaragua

2. Share Structure

August 30,2010

Free trading (float) shares: 417,447,846
Restricted (control) shares: 459,715,349
Total shares outstanding: 903,000,000
Authorized number of shares: 903,000,000
Shares available to print or for dilution: 0

IMPORTANT PLEASE NOTE: THAT WAS END OF AUGUST. IT'S START OF DECEMBER NOW. FAR BE IT FOR ME TO RAIN ON ANYONE'S PARADE OVER AT BFHJ BUT IMO FLOAT HAS GONE UP LAST 3 MONTHS DUE TO SOME RESTRICTED SHARE SELLING. WOULD NOT SURPRISE ME IF CURRENT FLOAT IS REALLY AROUND 650M AS OF DECEMBER 1. COULD BE A BIT MORE, COULD BE LESS, COULD BE SIGNIFICANTLY LESS. JUST MY BEST GUESS AND GENERAL CONSENSUS OF MODS OVER AT BFHJ. BEST TO BE HONEST. IGNORE THAT AT PERIL IMO.

3. Annotated Chart

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56455132

Nice inverted head shoulders formation with wedge. Wedge points appear to converge in next 7 days. After that, we could be looking at a MAJOR BREAKOUT.

Also useful to note large amount of T-trades today. Not on this occasion IMO a sign of dilution but a sign the MMs are very short and could get clobbered very soon. Something like 63M buys today with 14M sells yet Accum/Dist line goes slightly down today. There's only one way that's possible IMO. CHRONIC SHORTING. What happens when they cover? What happens when PPS goes above 50DMA at 0.0026? Go figure.

4. News items

Beneficial Holdings Enters Negotiations to Acquire 39 Slot Parlor Locations
http://ih.advfn.com/p.php?pid=nmona&article=42330791

Beneficial Holdings Establishes In-House Marketing Company
http://ih.advfn.com/p.php?pid=nmona&article=44608461

Beneficial Marketing Implements an Aggressive Marketing Campaign for Affiliates
http://ih.advfn.com/p.php?pid=nmona&article=44687930

Beneficial Holdings Executes Letter of Intent for a Second Hotel and Gaming Venture
http://ih.advfn.com/p.php?pid=nmona&article=42899887

Beneficial Holdings Affiliates Agree to Purchase Location for Gaming in Masaya, Nicaragua
http://ih.advfn.com/p.php?pid=nmona&article=44881378

Beneficial Holdings Completes Acquisition of New Gaming Location in Masaya, Nicaragua
http://ih.advfn.com/p.php?pid=nmona&article=45161104

Beneficial Holdings Announces Grand Opening of Its New Gaming Location
http://ih.advfn.com/p.php?pid=nmona&article=45452135

Grupo Beneficial Announces That Its Casino Goes Live
http://ih.advfn.com/p.php?pid=nmona&article=44729739

The building was purchased debt free!!

5. Future stuff

Live casino just been launched and the jackpot is worth more than the current Market Cap??!! Go figure. Erm? Undervalued PPS by chance?

Grand opening of new gaming location on Friday.

Sportsbook website to be completed.

Revenues are bound to be disclosed to the market eventually I would imagine.

Possible upgrading in its reporting status.

Future acquisitions & JVs appear probable.

MMs are WOEFULLY SHORT on this IMO. A good old fashioned SQUEEZE looks likely and imminent IMO. That's all folks.

PLEASE DO OWN DD. PLEASE SET OWN ENTRIES. PLEASE SET OWN EXITS. I AM NOT AN INVESTMENT ADVISOR.[/b