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Sunday, March 03, 2013 1:02:29 PM
VHGI - updated super sexy ultra mega DD post
www.vhgiholdings.com
__________________________________________________________________________________________________
Business Description
VHGI is a diverse company with assets and interests focusing on opportunities within the Precious Metals, Energy and Mining Markets. VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Coal Mining market and intends to pursue these opportunities through Lease-Purchase, Acquisitions and Joint Ventures opportunities.
VHGI Holdings, Inc. mission is to focus our resources toward the delivery of a competitive and sustainable rate of return to shareholders by exploring, acquiring and developing mining and energy assets vital to a consistent and growing economy
Contact Info
Contact Info
103 North Court Street
Sullivan, IN 47882
Website: http://www.vhgiholdings.com
Phone: 812-268-5459
Email: info@vhgiholdings.com
Lily Group Inc.
Lily Group, Inc. (LGI) is a development stage and operating company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration.
The Landree Mine Project
Lily Group (LGI) has acquired mineral deeds (encompassing approximately 2,800 acres of coal) for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has installed an operating coal extraction and preparation facility to mine and sell Coal IV from this property- to be known as the Landree Mine.
http://lilygroup.com/
Corporate Headquarters
Lily Group, Inc
103 North Court Street
Sullivan, IN 47882
Tel: (812) 268-LILY(5459)
Fax: (812) 268-1837
________________________________________________
VHGI Security Details
Share Structure
Market Value1 $399,389 a/o Feb 27, 2013
Shares Outstanding 99,847,126 a/o Nov 21, 2012
Float Not Available
Authorized Shares 260,000,000
Par Value 0.0001
http://www.otcmarkets.com/stock/VHGI/company-info
__________________________________________________________________________________________________
Charts:
Daily:
Weekly:
__________________________________________________________________________________________________
Recent PRs:
Lily Group, Inc. Closes On Line Of Credit To Complete Phase One At Landree Mine
02/28/2013 11:49AM - PR Newswire
Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#ixzz2MPLHBEeq
VHGI Holdings, Inc. Announces Signing of Multi Year Coal Supply Agreement by Major Utility and The Lily Group, Inc.
Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#.UTJCRDlmY21
VHGI Announces Letter to Shareholders from CEO Paul R. Risinger
12/21/2012 1:15PM - PR Newswire
Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#ixzz2MPL34yTs
__________________________________________________________________________________________________
Recent Filings
VHGI HOLDINGS, INC. 8-K 2/28/2013 2/27/2013 http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D13%2D000106%2Etxt&FilePath=%5C2013%5C02%5C28%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=2%2F28%2F2013&pdf=
VHGI HOLDINGS, INC. 8-K 1/3/2013 12/28/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D13%2D000002%2Etxt&FilePath=%5C2013%5C01%5C03%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=1%2F3%2F2013&pdf=
VHGI HOLDINGS, INC. 10-Q 12/18/2012 9/30/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001310%2Etxt&FilePath=%5C2012%5C12%5C18%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=10%2DQ&RcvdDate=12%2F18%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 12/7/2012 12/3/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001281%2Etxt&FilePath=%5C2012%5C12%5C07%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=12%2F7%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 10/25/2012 10/19/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001271%2Etxt&FilePath=%5C2012%5C12%5C03%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK%2FA&RcvdDate=12%2F3%2F2012&pdf=
VHGI HOLDINGS, INC. DEF 14C 9/28/2012 9/27/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001034%2Etxt&FilePath=%5C2012%5C09%5C28%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=DEF+14C&RcvdDate=9%2F28%2F2012&pdf=
VHGI HOLDINGS, INC.
Reporting Owner : FASCI MICHAEL E 3 9/27/2012 9/21/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001558680%2D12%2D000002%2Etxt&FilePath=%5C2012%5C09%5C27%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=3&RcvdDate=9%2F27%2F2012&pdf=
VHGI HOLDINGS, INC.
Reporting Owner : RISINGER PAUL R 3 9/27/2012 9/10/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001558680%2D12%2D000001%2Etxt&FilePath=%5C2012%5C09%5C27%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=3&RcvdDate=9%2F27%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 9/25/2012 9/20/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001030%2Etxt&FilePath=%5C2012%5C09%5C25%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=9%2F25%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 9/13/2012 9/10/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001002%2Etxt&FilePath=%5C2012%5C09%5C13%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=9%2F13%2F2012&pdf=
For previous filings click here: http://www.nasdaq.com/symbol/vhgi/sec-filings#.UTJClDlmY20
__________________________________________________________________________________________________
Current subsidiaries:
Lily Group Inc.
Lily Group, Inc. (LGI) is a development stage and operating company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration.
The Landree Mine Project
Lily Group (LGI) has acquired mineral deeds (encompassing approximately 2,800 acres of coal) for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has installed an operating coal extraction and preparation facility to mine and sell Coal IV from this property- to be known as the Landree Mine.
http://lilygroup.com/
MUST WATCH VIDEOS OF LANDREE MINE FROM NBC
Part One
http://mywabashvalley.com/fulltext?nxd_id=219177
Part Two
http://mywabashvalley.com/fulltext?nxd_id=219197
A LITTLE MATH
Funding secured for mine announced yesterday: Lily Group, Inc. Closes On Line Of Credit To Complete Phase One At Landree Mine
http://ih.advfn.com/p.php?pid=nmona&article=56508332
Check out the deep pockets that put up the funding here:
S. Oden Howell, Jr. , Independent Director
President of Howell & Howell Contractors
Director Since: 1993
Royal Gold Committee Membership:
Compensation, Nominating and Corporate Governance Committee
S. Oden Howell, Jr. is President of Howell & Howell Contractors, Inc. since 1988. He is the Secretary/Treasurer of LCM Constructors, Inc., a general construction company and Secretary/Treasurer of SemperFi Constructors, LLC, a service-disabled, veteran-owned small business. From 1972 until 1988, Mr. Howell was Secretary/Treasurer of Howell & Howell, Inc.
- See more at: http://www.royalgold.com/governance/directors/default.aspx#sthash.QnlCN0pK.dpuf
http://www.marketwatch.com/investing/stock/rgld/insiders?pid=32872
James W. Stuckert , Independent Director
Senior Executive of Hilliard Lyons, Inc.
Director Since: 1989
Royal Gold Committee Membership:
Audit Committee, Compensation, Nominating and Corporate Governance Committee
James W. Stuckert is currently a Senior Executive of Hilliard Lyons, Inc., a financial asset management firm. He joined Hilliard Lyons in 1962 and served in several capacities including Chief Executive Officer, prior to being named Chairman in December 1995. He served as Chairman from December 1995 to December 2003.
Mr. Stuckert received a B.S. degree in Mechanical Engineering and an M.B.A from the University of Kentucky.
- See more at: http://www.royalgold.com/governance/directors/default.aspx#sthash.QnlCN0pK.dpuf
http://www.marketwatch.com/investing/stock/rgld/insiders?pid=32871
Mine is fully permitted with real deal contracts in place.
http://www.prnewswire.com/news-releases/vhgi-holdings-inc-announces-signing-of-multi-year-coal-supply-agreement-by-major-utility-and-the-lily-group-inc-137177913.html
The agreement calls for IPL to purchase 1.0 million tons of coal from the Landree mine and also provides IPL with an option to purchase an additional 180,000 tons in 2013 & 2014.
Indianapolis Power & Light (IPL), a subsidiary of AES Corp. (NYSE: AES) ~ market cap $8.2B
FEBRUARY 2013 Coal Reference Price at US$ 88.35 per ton
which equates to $88.3M gross revenues for 2013/14
and over $100M if they exercise the option to purchase the additional 180k tonnes
$100M in revenue on a company with only 100M OS? and 260M AS? FLOAT IS 30M
Technical information on Landree Mine: http://mines.findthedata.org/l/14964/Landree-Mine
__________________________________________________________________________________________________
http://vhgiholdings.com/gold/index.html
http://www.vhgiholdings.com/gold/index.html
__________________________________________________________________________________________________
http://vhgiholdings.com/energy/index.html
__________________________________________________________________________________________________
__________________________________________________________________________________________________
Our CEO:
P. Rick Risinger - Chairman/CEO (VHGI Holdings, Inc.)
Mr. Risinger was the sole stockholder and President of LGI and has a great deal of experience in the coal industry, where he began his career as a coal mine master electrician at Peabody Coal Company in 1976. He went on to become President of Coal, Inc., an underground coal mine that produced in excess of 1,000,000 tons of coal annually and employed over 100 miners. Mr. Risinger was also the President of Buck Creek Coal Company. Buck Creek employed over 150 miners and produced over 2,000,000 annual clean tons of coal in the Illinois basin. He later took the position of Vice President with Black Diamond Coal Co. Inc., where he completed the permitting process, oversaw land acquisitions, procured coal sales, and developed a new underground coal mine. He was also instrumental in gathering financing and designing mine plans for production and safety. Mr. Risinger was appointed Chairman and CEO of VHGI Holdings (parent company of LGI) in September 2012.
__________________________________________________________________________________________________
The Lily Group Inc. Team:
Michael E. Fasci Sr. - CFO (VHGI Holdings)
Mr. Fasci studied Electrical Engineering at Northeastern University in Boston, MA. In 1987, after approximately 10 years working for various environmental engineering companies, he founded Process Engineering Services, Inc, a company that specializes in the pollution recovery equipment industry with a special focus on solvent recovery utilizing activated carbon manufactured from bituminous coal and other products. After 25 years the company continues to operate maintaining clients worldwide. In 1997 Mr. Fasci achieved, and currently maintains, Enrolled Agent (E.A.) status with the Internal Revenue Service. In 2001 Mr. Fasci began his career in the public sector serving as Chief Financial Officer of a number of publicly traded companies most recently serving as CFO and SEC Compliance Officer of RedFin Network, Inc. (RFNN) of Ft. Lauderdale, FL since 2006. In September 2012 he was appointed CFO of VHGI Holdings, Inc. (VHGI) after being engaged in July 2012 to reorganize the company’s financial records and to bring the Company back into compliance with SEC requirements.
Ron Hutchcraft - President (Lily Group)
Mr. Hutchcraft joined the Lily Group Team in February 2012 and adds 25 plus years of coal mining experience. Mr. Hutchcraft brings a tremendous amount of expertise in all facets of coal mining including engineering, operations, safety, financial analysis, senior management and senior leadership. A true Renaissance coal miner, Ron has experience at every level of the coal production process from development to production to reclamation. Mr. Hutchcraft has held several top senior management positions over the past ten years with proven success. Mr. Hutchcraft was promoted to President of Lily Group in September 2012 and in charge of overseeing current operations and future developments. Mr. Hutchcraft received a B.S. in Mining Engineering from the University of Missouri – Rolla in 1987 and a Masters in Mining Engineering in 2007.
Cory A. Smith - Treasurer (Lily Group)
Mr. Smith has spent the majority of his career involved with small to medium sized businesses. His responsibilities have ranged from creating business plans, to the implementation of the plans, through the day to day operations of the business. As Chief Financial Officer and General Manager of Court Street Marketing, a company specializing in retail and service, Mr. Smith was involved with every aspect of the business, including purchasing, personnel, and in-house accounting. He has been employed by Capital Select, a securities broker dealer, as Executive Vice-President. His duties while there included representative supervision, in-house auditing and accounting. Mr. Smith received his B.S. from the University of Evansville.
Phil Medley - Development (Lily Group)
Mr. Medley currently serves as head of project development for LGI. Mr. Medley has extensive knowledge and expertise in the architectural, engineering, construction, and computer technologies fields with over eight years of experience. He currently initiates, assists, and coordinates design, development and project advancement for several of LGI's projects. His experience and expertise in engineering and environmental issues have been instrumental in obtaining the necessary permits required for the Landree Mine project. Mr. Medley received a Masters of Architecture from the University of Illinois at Chicago where he specialization in structural design and construction methodology. Mr. Medley is finishing a Masters degree in Civil Engineering from Purdue University.
__________________________________________________________________________________________________
__________________
Insider ownership:
Insider Holders*
Individual/Entity Most Recent Trans. Shares Owned as of Trans. Date
FASCI MICHAEL E
Officer Ownership Statement
2012-09-20 777,275
2012-09-20
MARTIN DOUGLAS P.
Director Ownership Statement
2011-03-31 1,325,659
2011-03-31
RISINGER PAUL R
Officer Ownership Statement
2012-09-09 50,000,000
2012-09-09
STUCKERT JAMES W
Beneficial Owner (10% or more) Purchase
2012-03-20 19,057,000
2012-03-20
http://www.nasdaq.com/symbol/vhgi/insider-trades#.UTJJHzlmY20
www.vhgiholdings.com
__________________________________________________________________________________________________
Business Description
VHGI is a diverse company with assets and interests focusing on opportunities within the Precious Metals, Energy and Mining Markets. VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Coal Mining market and intends to pursue these opportunities through Lease-Purchase, Acquisitions and Joint Ventures opportunities.
VHGI Holdings, Inc. mission is to focus our resources toward the delivery of a competitive and sustainable rate of return to shareholders by exploring, acquiring and developing mining and energy assets vital to a consistent and growing economy
Contact Info
Contact Info
103 North Court Street
Sullivan, IN 47882
Website: http://www.vhgiholdings.com
Phone: 812-268-5459
Email: info@vhgiholdings.com
Lily Group Inc.
Lily Group, Inc. (LGI) is a development stage and operating company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration.
The Landree Mine Project
Lily Group (LGI) has acquired mineral deeds (encompassing approximately 2,800 acres of coal) for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has installed an operating coal extraction and preparation facility to mine and sell Coal IV from this property- to be known as the Landree Mine.
http://lilygroup.com/
Corporate Headquarters
Lily Group, Inc
103 North Court Street
Sullivan, IN 47882
Tel: (812) 268-LILY(5459)
Fax: (812) 268-1837
________________________________________________
VHGI Security Details
Share Structure
Market Value1 $399,389 a/o Feb 27, 2013
Shares Outstanding 99,847,126 a/o Nov 21, 2012
Float Not Available
Authorized Shares 260,000,000
Par Value 0.0001
http://www.otcmarkets.com/stock/VHGI/company-info
__________________________________________________________________________________________________
Charts:
Daily:
Weekly:
__________________________________________________________________________________________________
Recent PRs:
Lily Group, Inc. Closes On Line Of Credit To Complete Phase One At Landree Mine
02/28/2013 11:49AM - PR Newswire
Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#ixzz2MPLHBEeq
VHGI Holdings, Inc. Announces Signing of Multi Year Coal Supply Agreement by Major Utility and The Lily Group, Inc.
Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#.UTJCRDlmY21
VHGI Announces Letter to Shareholders from CEO Paul R. Risinger
12/21/2012 1:15PM - PR Newswire
Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#ixzz2MPL34yTs
__________________________________________________________________________________________________
Recent Filings
VHGI HOLDINGS, INC. 8-K 2/28/2013 2/27/2013 http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D13%2D000106%2Etxt&FilePath=%5C2013%5C02%5C28%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=2%2F28%2F2013&pdf=
VHGI HOLDINGS, INC. 8-K 1/3/2013 12/28/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D13%2D000002%2Etxt&FilePath=%5C2013%5C01%5C03%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=1%2F3%2F2013&pdf=
VHGI HOLDINGS, INC. 10-Q 12/18/2012 9/30/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001310%2Etxt&FilePath=%5C2012%5C12%5C18%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=10%2DQ&RcvdDate=12%2F18%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 12/7/2012 12/3/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001281%2Etxt&FilePath=%5C2012%5C12%5C07%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=12%2F7%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 10/25/2012 10/19/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001271%2Etxt&FilePath=%5C2012%5C12%5C03%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK%2FA&RcvdDate=12%2F3%2F2012&pdf=
VHGI HOLDINGS, INC. DEF 14C 9/28/2012 9/27/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001034%2Etxt&FilePath=%5C2012%5C09%5C28%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=DEF+14C&RcvdDate=9%2F28%2F2012&pdf=
VHGI HOLDINGS, INC.
Reporting Owner : FASCI MICHAEL E 3 9/27/2012 9/21/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001558680%2D12%2D000002%2Etxt&FilePath=%5C2012%5C09%5C27%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=3&RcvdDate=9%2F27%2F2012&pdf=
VHGI HOLDINGS, INC.
Reporting Owner : RISINGER PAUL R 3 9/27/2012 9/10/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001558680%2D12%2D000001%2Etxt&FilePath=%5C2012%5C09%5C27%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=3&RcvdDate=9%2F27%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 9/25/2012 9/20/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001030%2Etxt&FilePath=%5C2012%5C09%5C25%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=9%2F25%2F2012&pdf=
VHGI HOLDINGS, INC. 8-K 9/13/2012 9/10/2012
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010549%2D12%2D001002%2Etxt&FilePath=%5C2012%5C09%5C13%5C&CoName=VHGI+HOLDINGS%2C+INC%2E&FormType=8%2DK&RcvdDate=9%2F13%2F2012&pdf=
For previous filings click here: http://www.nasdaq.com/symbol/vhgi/sec-filings#.UTJClDlmY20
__________________________________________________________________________________________________
Current subsidiaries:
Lily Group Inc.
Lily Group, Inc. (LGI) is a development stage and operating company in the energy resource industry that was formed to hold, explore, develop, operate, and manage natural resource properties, with an initial focus on coal exploration.
The Landree Mine Project
Lily Group (LGI) has acquired mineral deeds (encompassing approximately 2,800 acres of coal) for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has installed an operating coal extraction and preparation facility to mine and sell Coal IV from this property- to be known as the Landree Mine.
http://lilygroup.com/
MUST WATCH VIDEOS OF LANDREE MINE FROM NBC
Part One
http://mywabashvalley.com/fulltext?nxd_id=219177
Part Two
http://mywabashvalley.com/fulltext?nxd_id=219197
A LITTLE MATH
Funding secured for mine announced yesterday: Lily Group, Inc. Closes On Line Of Credit To Complete Phase One At Landree Mine
http://ih.advfn.com/p.php?pid=nmona&article=56508332
Check out the deep pockets that put up the funding here:
S. Oden Howell, Jr. , Independent Director
President of Howell & Howell Contractors
Director Since: 1993
Royal Gold Committee Membership:
Compensation, Nominating and Corporate Governance Committee
S. Oden Howell, Jr. is President of Howell & Howell Contractors, Inc. since 1988. He is the Secretary/Treasurer of LCM Constructors, Inc., a general construction company and Secretary/Treasurer of SemperFi Constructors, LLC, a service-disabled, veteran-owned small business. From 1972 until 1988, Mr. Howell was Secretary/Treasurer of Howell & Howell, Inc.
- See more at: http://www.royalgold.com/governance/directors/default.aspx#sthash.QnlCN0pK.dpuf
http://www.marketwatch.com/investing/stock/rgld/insiders?pid=32872
James W. Stuckert , Independent Director
Senior Executive of Hilliard Lyons, Inc.
Director Since: 1989
Royal Gold Committee Membership:
Audit Committee, Compensation, Nominating and Corporate Governance Committee
James W. Stuckert is currently a Senior Executive of Hilliard Lyons, Inc., a financial asset management firm. He joined Hilliard Lyons in 1962 and served in several capacities including Chief Executive Officer, prior to being named Chairman in December 1995. He served as Chairman from December 1995 to December 2003.
Mr. Stuckert received a B.S. degree in Mechanical Engineering and an M.B.A from the University of Kentucky.
- See more at: http://www.royalgold.com/governance/directors/default.aspx#sthash.QnlCN0pK.dpuf
http://www.marketwatch.com/investing/stock/rgld/insiders?pid=32871
Mine is fully permitted with real deal contracts in place.
http://www.prnewswire.com/news-releases/vhgi-holdings-inc-announces-signing-of-multi-year-coal-supply-agreement-by-major-utility-and-the-lily-group-inc-137177913.html
The agreement calls for IPL to purchase 1.0 million tons of coal from the Landree mine and also provides IPL with an option to purchase an additional 180,000 tons in 2013 & 2014.
Indianapolis Power & Light (IPL), a subsidiary of AES Corp. (NYSE: AES) ~ market cap $8.2B
FEBRUARY 2013 Coal Reference Price at US$ 88.35 per ton
which equates to $88.3M gross revenues for 2013/14
and over $100M if they exercise the option to purchase the additional 180k tonnes
$100M in revenue on a company with only 100M OS? and 260M AS? FLOAT IS 30M
Technical information on Landree Mine: http://mines.findthedata.org/l/14964/Landree-Mine
__________________________________________________________________________________________________
http://vhgiholdings.com/gold/index.html
http://www.vhgiholdings.com/gold/index.html
__________________________________________________________________________________________________
http://vhgiholdings.com/energy/index.html
__________________________________________________________________________________________________
__________________________________________________________________________________________________
Our CEO:
P. Rick Risinger - Chairman/CEO (VHGI Holdings, Inc.)
Mr. Risinger was the sole stockholder and President of LGI and has a great deal of experience in the coal industry, where he began his career as a coal mine master electrician at Peabody Coal Company in 1976. He went on to become President of Coal, Inc., an underground coal mine that produced in excess of 1,000,000 tons of coal annually and employed over 100 miners. Mr. Risinger was also the President of Buck Creek Coal Company. Buck Creek employed over 150 miners and produced over 2,000,000 annual clean tons of coal in the Illinois basin. He later took the position of Vice President with Black Diamond Coal Co. Inc., where he completed the permitting process, oversaw land acquisitions, procured coal sales, and developed a new underground coal mine. He was also instrumental in gathering financing and designing mine plans for production and safety. Mr. Risinger was appointed Chairman and CEO of VHGI Holdings (parent company of LGI) in September 2012.
__________________________________________________________________________________________________
The Lily Group Inc. Team:
Michael E. Fasci Sr. - CFO (VHGI Holdings)
Mr. Fasci studied Electrical Engineering at Northeastern University in Boston, MA. In 1987, after approximately 10 years working for various environmental engineering companies, he founded Process Engineering Services, Inc, a company that specializes in the pollution recovery equipment industry with a special focus on solvent recovery utilizing activated carbon manufactured from bituminous coal and other products. After 25 years the company continues to operate maintaining clients worldwide. In 1997 Mr. Fasci achieved, and currently maintains, Enrolled Agent (E.A.) status with the Internal Revenue Service. In 2001 Mr. Fasci began his career in the public sector serving as Chief Financial Officer of a number of publicly traded companies most recently serving as CFO and SEC Compliance Officer of RedFin Network, Inc. (RFNN) of Ft. Lauderdale, FL since 2006. In September 2012 he was appointed CFO of VHGI Holdings, Inc. (VHGI) after being engaged in July 2012 to reorganize the company’s financial records and to bring the Company back into compliance with SEC requirements.
Ron Hutchcraft - President (Lily Group)
Mr. Hutchcraft joined the Lily Group Team in February 2012 and adds 25 plus years of coal mining experience. Mr. Hutchcraft brings a tremendous amount of expertise in all facets of coal mining including engineering, operations, safety, financial analysis, senior management and senior leadership. A true Renaissance coal miner, Ron has experience at every level of the coal production process from development to production to reclamation. Mr. Hutchcraft has held several top senior management positions over the past ten years with proven success. Mr. Hutchcraft was promoted to President of Lily Group in September 2012 and in charge of overseeing current operations and future developments. Mr. Hutchcraft received a B.S. in Mining Engineering from the University of Missouri – Rolla in 1987 and a Masters in Mining Engineering in 2007.
Cory A. Smith - Treasurer (Lily Group)
Mr. Smith has spent the majority of his career involved with small to medium sized businesses. His responsibilities have ranged from creating business plans, to the implementation of the plans, through the day to day operations of the business. As Chief Financial Officer and General Manager of Court Street Marketing, a company specializing in retail and service, Mr. Smith was involved with every aspect of the business, including purchasing, personnel, and in-house accounting. He has been employed by Capital Select, a securities broker dealer, as Executive Vice-President. His duties while there included representative supervision, in-house auditing and accounting. Mr. Smith received his B.S. from the University of Evansville.
Phil Medley - Development (Lily Group)
Mr. Medley currently serves as head of project development for LGI. Mr. Medley has extensive knowledge and expertise in the architectural, engineering, construction, and computer technologies fields with over eight years of experience. He currently initiates, assists, and coordinates design, development and project advancement for several of LGI's projects. His experience and expertise in engineering and environmental issues have been instrumental in obtaining the necessary permits required for the Landree Mine project. Mr. Medley received a Masters of Architecture from the University of Illinois at Chicago where he specialization in structural design and construction methodology. Mr. Medley is finishing a Masters degree in Civil Engineering from Purdue University.
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Insider ownership:
Insider Holders*
Individual/Entity Most Recent Trans. Shares Owned as of Trans. Date
FASCI MICHAEL E
Officer Ownership Statement
2012-09-20 777,275
2012-09-20
MARTIN DOUGLAS P.
Director Ownership Statement
2011-03-31 1,325,659
2011-03-31
RISINGER PAUL R
Officer Ownership Statement
2012-09-09 50,000,000
2012-09-09
STUCKERT JAMES W
Beneficial Owner (10% or more) Purchase
2012-03-20 19,057,000
2012-03-20
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