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BHGI Huge news!!!!!
BEVERLY HILLS GROUP, INC. Enters Final Phase of Banking Services Company Acquisition.
BEVERLY HILLS, CA -- April 26, 2016 -- InvestorsHub NewsWire -- BEVERLY HILLS GROUP, INC. (“The Company”) (OTC:PK BHGI) is pleased to announce they are in the final stage of their third acquisition, “ON Comercio”.
ON Comercio is a niche banking company that installs Point of Sale (PoS) units in small convenience stores and kiosks. This provides them with banking/credit card services, domestic/international shipping services and inventory management/ordering services. In addition, these PoS units can be used to pay tax and utility bills. ON Comercio will earn a percentage of each transaction.
One critical aspect of the ON Comercio service is that it allows the stores to participate in a wide range of services. Most small convenience stores and kiosks in Mexico do not have bank accounts. By opening a bank account with ON Comercio the shop becomes more official in the eyes of the government, their service providers (i.e. utilities) and their suppliers. The stores will also be able to accept credit and debit cards, which are growing in popularity in Mexico.
The company plans to rollout ON Comercio services in three states initially: Baja California, Guanajuato and San Luis Potosí.
Management estimates that the ON Comercio business could reach $42M in revenue by Year 2 after funding. Listed consumer finance operations in Mexico trade at an average of 2.9 times Price to Sales. Applying this metric to the estimates for Year 2 provides a valuation of $121M to the ON Comercio business. Management estimates that approximately $18M would have to be invested to achieve this level of sales, providing a value of approximately $103M from this business.
We believe that the longer-term valuation of ON Comercio could be much higher. As the business grows and becomes a more integral part of the Mexican convenience store industry, the value of ON Comercio could rise towards $1B.
SIML NEWS!!!!
Simlatus Corporation Announces New SyncPal Deliveries in 2017 Marketwire "Press Releases"
GRASS VALLEY, CA -- (Marketwired) -- 04/26/16 -- Simlatus Corporation (OTC PINK: SIML) -- has recently announced the 'Settlement Agreement' with Blackbridge Capital, LLC in an 8-K filed earlier today, as well as the official introduction of its new SyncPal product for the broadcast industry.
The company filed an 8K today detailing the 'Settlement Agreement' with Blackbridge Capital, LLC and the removal of toxic debt sitting on its balance sheet. The company reduced the Blackbridge share conversions from 729,955,556 to 200,000,000. This is a reduction of more than 300% which represents a value of more than $50,000 in dilution into the market.
Gary B. Tilden , CEO, stated, "We have removed all of the toxic debt off of our books since our new management was appointed on March 20, 2016 . This will be reflective in our next audited 10-K filing ending March 31, 2016 ."
Mr. Tilden further stated, "Our commercial broadcast products that have been sold over the past 15 years are still used today by some of the major networks in the world, to include, CBS , NBC , ABC , FOX , ESPN and DirecTV . They have been asking for our SyncPal and we plan to make deliveries in 2017. With over 10,000 TV Broadcast Stations in the USA alone, according to the FCC's 2013 census, our SyncPal is priced to move at a low cost of $3,299 . We are targeting 30% of our major customers who already own some of our products and this opens a new revenue stream of nearly $30M for 2017-2018. We expect our global distributors to target Europe , Asia , South America , Canada , Mexico and Australia which would be an additional revenue stream for the company. Today we sell more than 50 different high-quality commercial products for major broadcast studios. We are proud of our product line and the customers who represent our product line."
Simlatus has designed and is preparing for deliveries in 2017 for the SyncPal. This product is a result of a phenomenon that can occur in television broadcasting called "out of lip-sync." This happens when the sound of the announcer's voice reaches your ears before the movement of his lips reaches your eyes. This can be corrected by adjusting the delay of the sound until the voice and lip movement are "in sync." In High-Definition broadcasting, a majority of times the audio signal is embedded (or buried) into the video signal for transmission between the originating source and the TV station. Multiple signal processing of the video portion of the combined signals can cause this video delay. The Simlatus' SyncPal has been specifically designed to allow the broadcaster to make this video-to-audio adjustment. At the input to the unit, the audio is decoded from the video, manually adjusted up to a maximum of 49.9 frames of delay in increments of 0.1 frames using the selector adjustments on the front panel of the unit, and then re-encoded back into the composite signal. The unit will simultaneously delay up to 16 channels of audio (in 4 groups). No processing of the video signal occurs. The SyncPal unit is housed in a 6 1/2"x5"x1 1/2" aluminum enclosure and is powered by an external 5VDC source. It can be positioned alone, or mounted in an optional RT-2, 19" rack mounting tray. The Video Input 800mV Peak-Peak, Cable Equalization 120 Meters at 3Ghz, Input impedance is 75 ohms coaxial, Video Formats are SMPTE 425M (2.97Gb/s), 292M (1.485Gb/s), 259M (270Mb/s), the Number of Outputs are 2, the Video Output 800mV Peak-Peak and the Delay resolution is 0.1 frames.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission .
Investors: Gary B. Tilden CEO Simlatus Corporation (800) 390-8446
SIML NEWS!!!!
Simlatus Corporation Announces New SyncPal Deliveries in 2017 Marketwire "Press Releases"
GRASS VALLEY, CA -- (Marketwired) -- 04/26/16 -- Simlatus Corporation (OTC PINK: SIML) -- has recently announced the 'Settlement Agreement' with Blackbridge Capital, LLC in an 8-K filed earlier today, as well as the official introduction of its new SyncPal product for the broadcast industry.
The company filed an 8K today detailing the 'Settlement Agreement' with Blackbridge Capital, LLC and the removal of toxic debt sitting on its balance sheet. The company reduced the Blackbridge share conversions from 729,955,556 to 200,000,000. This is a reduction of more than 300% which represents a value of more than $50,000 in dilution into the market.
Gary B. Tilden , CEO, stated, "We have removed all of the toxic debt off of our books since our new management was appointed on March 20, 2016 . This will be reflective in our next audited 10-K filing ending March 31, 2016 ."
Mr. Tilden further stated, "Our commercial broadcast products that have been sold over the past 15 years are still used today by some of the major networks in the world, to include, CBS , NBC , ABC , FOX , ESPN and DirecTV . They have been asking for our SyncPal and we plan to make deliveries in 2017. With over 10,000 TV Broadcast Stations in the USA alone, according to the FCC's 2013 census, our SyncPal is priced to move at a low cost of $3,299 . We are targeting 30% of our major customers who already own some of our products and this opens a new revenue stream of nearly $30M for 2017-2018. We expect our global distributors to target Europe , Asia , South America , Canada , Mexico and Australia which would be an additional revenue stream for the company. Today we sell more than 50 different high-quality commercial products for major broadcast studios. We are proud of our product line and the customers who represent our product line."
Simlatus has designed and is preparing for deliveries in 2017 for the SyncPal. This product is a result of a phenomenon that can occur in television broadcasting called "out of lip-sync." This happens when the sound of the announcer's voice reaches your ears before the movement of his lips reaches your eyes. This can be corrected by adjusting the delay of the sound until the voice and lip movement are "in sync." In High-Definition broadcasting, a majority of times the audio signal is embedded (or buried) into the video signal for transmission between the originating source and the TV station. Multiple signal processing of the video portion of the combined signals can cause this video delay. The Simlatus' SyncPal has been specifically designed to allow the broadcaster to make this video-to-audio adjustment. At the input to the unit, the audio is decoded from the video, manually adjusted up to a maximum of 49.9 frames of delay in increments of 0.1 frames using the selector adjustments on the front panel of the unit, and then re-encoded back into the composite signal. The unit will simultaneously delay up to 16 channels of audio (in 4 groups). No processing of the video signal occurs. The SyncPal unit is housed in a 6 1/2"x5"x1 1/2" aluminum enclosure and is powered by an external 5VDC source. It can be positioned alone, or mounted in an optional RT-2, 19" rack mounting tray. The Video Input 800mV Peak-Peak, Cable Equalization 120 Meters at 3Ghz, Input impedance is 75 ohms coaxial, Video Formats are SMPTE 425M (2.97Gb/s), 292M (1.485Gb/s), 259M (270Mb/s), the Number of Outputs are 2, the Video Output 800mV Peak-Peak and the Delay resolution is 0.1 frames.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission .
Investors: Gary B. Tilden CEO Simlatus Corporation (800) 390-8446
SIML The $.0001's are falling!
This company just extinguished toxic debt!
SIML I'm loading this pup at $.0001!
GRPR News! I'm in! They just paid off toxic debt!
Friday, April 22 2016 2:54 PM, EST Grid Petroleum: Extinguishes More Convertible Notes Today Marketwire "Press Releases"
GRASS VALLEY, CA -- (Marketwired) -- 04/22/16 -- Grid Petroleum Corp. (OTC PINK: GRPR) ( Simlatus Corporation ) -- has recently announced that is has filed an 8K today referencing the successful negotiations with various note holders to extinguish toxic notes carried on its balance sheet.
The company filed an 8K today detailing the removal of toxic debt sitting in its balance sheet. There were another $32,980 in notes that were extinguished and removed from the balance sheets this week. This action eliminated the possibility of converting more than 650,000,000 free trading shares into the market. The company will file an 8K next week referencing the remaining notes and balances.
The company is renegotiating to restructure a note with Black Bridge Capital so that there is no toxic conversions in the future. This will be disclosed next week.
The company filed its DEF14C on April 21, 2016 regarding its name change to 'Simlatus Corporation'.
On March 9, 2016 the company appointed Robert Stillwaugh as its new Chairman, Gary Tilden as Chief Executive Officer and Mike Schatz as the Chief Operations Officer as a part of acquiring the assets of RJM and Associates LLC , and pursuant to the Form 8-K filed on March 10, 2016 . RJM and Associates develops, manufactures, markets and owns proprietary advanced broadcast equipment and software and sells this audio and video broadcast equipment worldwide through their distribution network. These systems have been sold for over the past 15 years to some of the major world dominant broadcast companies such as CBS , FOX , NBC , ESPN , ABC and DirecTV .
This transaction has allowed the company to acquire existing revenues and an asset worth $6.2M . All operations will be held at the existing corporate facility located in Grass Valley, California . This northern California facility is in the historic digital media hub of the world and an extension of the Bay-Area/Silicon Valley's tech system where Apple, Google and Yahoo reside.
The company is now designing and planning to manufacture high-tech Augmented Reality/AR and Virtual Reality/VR products. Upcoming Augmented Reality devices which combine virtual objects with the real world through high-tech glasses, are forecast to become a $120 billion business by 2020, according to a new report from Digi-Capital . The Virtual Reality business will generate $30 billion business during the same five year span. The most recent statistics indicate that both the AR and VR markets will become mainstream by 2020. In today's $88.4 billion global video game landscape, the PC, console, and mobile industries all thrive. AR and VR hardware, games and apps are poised to become part of this growing ecosystem in the coming years. Our company, and our strong established relationships in the industry, will be a major competitor in this new industry. The existing relationships that the company has developed will ensure rapid and extensive distribution and utilization for our products.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and un
Awesome!.... $BHGI got this from Grupo Richard.....which is Huge in Mexico!......z
BHGI FIRST ACQUISITION NEWS!
http://archive.fast-edgar.com//20160418/AV2P822CZ222W2Z222262WD4VETAZK227282/
Beverly Hills Group Inc. Completes First Acquisition
BEVERLY HILLS, Calif., April 18, 2016-- Beverly Hills Group, Inc. (OTC: BHGI:PK), is pleased to announce it has completed the first of its planned acquisitions: Operadora de Servicios GRM.
Operadora de Servicios GRM (Operadora), a part of the conglomerate Grupo Richard, has its business focus in retail operations and wholesale distribution for organizations including Grupo Modelo and Heineken.
Operadora was incorporated in 2013 and by 2015 was operating 32 Modelorama, Bud Light and Tecate branded convenience stores, and managing over 200 employees.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
BHGI 8K Out!!! ACQUISITION!!
Beverly Hills Group Inc., Begins Final Stage of its First Acquisition
BEVERLY HILLS, Calif., April 11, 2016-- Beverly Hills Group, Inc. (OTC: BHGI), is pleased to announce it is moving forward with its first acquisition as planned.
The acquisition is a Mexican Corporation that manages and operates convenience and retail stores, manages wholesale distribution operations as well as other industrial or business related consumer products.
The company has received the final draft audited financials for this acquisition from BDO Castillo Miranda y Compañia S.C., which paves the way to the closing-phase of BHGI’s first acquisition.
BMSN News!
Item 1.01 Entry Into A Material Definitive Agreement
On February 16, 2016 Regen Biopharma, Inc. (“Regen”) entered into an agreement (“Agreement”) with Eli Lilly and Company (“Lily”) . Pursuant to the Agreement, Regen shall become a participant in Lily’s Open Innovation Drug Discovery Program. Pursuant to the Agreement, Regen may submit Structural Information for one or more compounds or mixtures of compounds for Informatics Screening to generate the Informatics Profile. Lilly will provide Regen with the Informatics Profile.
“Informatics Screening” is defined in the Agreement to mean the diversity evaluation, in silico calculations and evaluation of physical properties and molecular descriptors based upon the Structural Information supplied by Regen to Lilly
“Informatics Profile” is defined in the Agreement to mean results from the Informatics Screening diversity evaluation and the results from the in silico calculations and evaluations of physical properties and molecular descriptors.
The Agreement also grants to Lily an option to negotiate an agreement with Regen including but not restricted to a compound purchase agreement, a license agreement, or a research collaboration agreement for further research and development of “Material” (collectively the “Research Opportunities”). The option shall expire sixty (60) days (the
“Option Period”) after Lilly has received the “Chemical Structure” for the subject Material from Regen pursuant to a Structure Reveal Letter. The option may be exercised by Lilly in writing at any time prior to its expiration. The option period may be extended by mutual written agreement of the parties.
“Material” is defined in the Agreement as a physical sample of the compound or mixture of compounds corresponding to the information, in whatever form, identifying a compound or mixture of compounds submitted by Regen to the OIDD Program for Informatics Screening Structural Information for which Lilly has requested for evaluation in the Open Innovation Drug Discovery Program (“OIDD”) Program.
“Chemical Structure” is defined in the Agreement the chemical name and/or structure of the
Material.
“Structure Reveal Letter” is defined in the Agreement as written notification by Lilly to Regen requesting the Chemical Structure and related information of a Material.
The term of the Agreement shall commence on February 16, 2016 and shall continue until:
1. the termination of the Open Innovation Drug Discovery Program by Lilly upon thirty (30) days written notice to Regen;
2. termination by Lilly upon thirty (30) days written notice to Regen;
3. replacement with a revised Program Agreement signed by the parties; or
4. the termination of Regen’s participation in the Open Innovation Drug Discovery Program and the Agreement by thirty (30) days written notice to Lilly.
The foregoing description of the Agreement is not complete and is qualified in its entirety by reference to the text of the Agreement , which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated in this Item 1.01 by reference.
GRPR News! 226M traded in the past hour! $.0001's almost gone! Get-In!
Grid Petroleum Announces Broadcast Equipment Revenues Marketwire "Press Releases"
GRASS VALLEY, CA -- (Marketwired) -- 04/05/16 -- Grid Petroleum Corp. (OTC PINK: GRPR) -- Grid Petroleum Corp. announces today the recent sales of their broadcast equipment and recent quotes for future purchases from the US Navy and additionally one of their Hong Kong distributors, totaling approximately $60,000 .
Mike Schatz , COO of Grid Petroleum stated, "We are glad to have brought our products and management team to this company. It's now time to discuss our current revenues and move forward and demonstrate the value of our product line and future products in development. There is not enough room here to review all 75 of our distributors, but you can visit www.rjmandassociates.com and visit our distribution channels and product lines. Some of our recent sales have come from many of our major distributors. For example, we sold two analog receivers to our Miami based Telecuatro Guayaquil Corporation . These are $2,700 systems used as broadcast transfer protection switches. Our California based Ensemble Designs Inc. purchased 25 Analog Audio DA units and they continue to support our products on a regular basis." Mr. Schatz further stated, "We have been asked to quote some of our distributors who are handling government based sales, and the US Navy requested a quote worth $49,000 for the purchase of 40 Innovation 16X1 Relay Modules and 40 Innovation 16X1 X-Y 1RU Control Panels. Our Arizona based distributor, PreCo , purchased our 4 Channel AES Audio Delay; while we quoted our Hong Kong distributor, MediaTech International Ltd. , for our 16X16 Analog Video Stereo Router at $6,975 each, 16X16 Analog Stereo Audio 1RU at $3,475 and 10 smaller systems including various remote control panels."
Gary Tilden , CEO, stated, "We are excited to discuss our sales and there is some very good news to report soon, and we will be making an announcement in the near future regarding a few of our newer products being developed that will enhance our existing product line and add to our revenue stream, as well as other products that will open doors into the augmented/virtual reality markets. The company is preparing to file the PRE14C for the new name change of Simlatus Corporation for this week and has begun to work on the annual audit 10-K filing which is due by June-2016. Our revenues will be reported on the future filings of this company."
Grid Petroleum Corp. has recently purchased the $6.2M RJM asset of broadcast equipment technology and appointed Robert Stillwaugh as its new Chairman, Gary Tilden as Chief Executive Officer and Mike Schatz as Chief Operations Officer as a part of acquiring the assets of RJM and Associates LLC , and pursuant to the Form 8-K filed on March 10, 2016 . RJM and Associates, LLC has developed, manufactures, markets and owns proprietary advanced broadcast equipment and software and sells this audio and video broadcast equipment worldwide. These systems have been sold worldwide over the past 15 years including some of the major world dominant broadcast companies such as CBS , FOX , NBC , ESPN , ABC and DirecTV .
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission .
Investors: Gary B. Tilden Chief Executive Officer Grid Petroleum Corp. (800) 390-8446 info@gridpetro.com
CHGI looks bouncy right now......has had a helluva drop.........et z
VBTL announced positive results from its multi-cohort Phase 2 trial of VB-111 in advanced radioiodine-refractory differentiated thyroid cancer (RAIR-DTC).
SNGX On promo
$BHGI $.50's fell, the $.55's are up! This a winner folks! BHGI going Big Board. Mark this post!
$BHGI didn't hire just any accounting firm. BDO is the 5th largest in the WORLD! Serious stuff here folks!
$BHGI HUGE NEWS!
BEVERLY HILLS, Calif. , Aug. 19, 2015 /PRNewswire/ -- Beverly Hills Group Inc. (OTC: BHGI)announces that the international accounting network of BDO Castillo Miranda has been retained to conduct a GAAP audit of Beverly Hills Group's recent acquisitions in Mexico. Those acquisitions include established corporations with ongoing operations in the fields of retail convenience stores, wholesale distribution, construction, real estate development, banking and financial services, with a combined reported 2014 gross sales of USD $4.75 million and Real Estate assets estimated at USD $35 million . The contractual arrangement with BDO Castillo Miranda will include auditing and confirming the reported sales and assets of each of the acquisitions.
Beverly Hills Group is extremely pleased that it is progressing so rapidly in auditing, confirming and incorporating its recent multiple acquisitions in Mexico. With the retaining of the international power-house BDO Castillo Miranda, a member in good standing of BDO International , to perform an in-depth audit to GAAP standards, Beverly Hills Group is adding confirmed assets to its portfolio while increasing shareholder value. The Company is looking forward to announcing further developments as it moves forward with its strategic international movement into the ever-growing Latin American marketplace."
ABOUT BDO INTERNATIONAL
BDO Castillo Miranda, established in 1943, is a member firm of BDO International , the world's fifth largest accounting network, with 1,328 offices in 152 countries. BDO had 2014 revenue of more than 7.02 billion dollars . They provide a strong presence in Mexico , professional auditing services, Tax Advisory,Financial Control (outsourcing),Risk Consulting,Corporate finance; Information Technology and Foreign Trade and Customs. BDO was founded in 1963 as a result of the merger of firms from the United Kingdom , Holland , Germany , United States and Canada .
ABOUT BEVERLY HILLS GROUP
Beverly Hills Group Inc.is a multi-faceted company with current diverse investments in Mexico , including retail convenience stores, wholesale distribution, construction, real estate development, banking and financial services. Its objective is to grow through strategic acquisitions, focusing first on the increasing consumer awareness and demand in the Mexican and Latin American markets. Once these strategic acquisitions are procured and integrated into the long term objectives of the company, Beverly Hills Group will provide investment capital, preeminent modern business practices and best-in-class management to cultivate and mature these companies to their greatest potential.
FORWARD-LOOKING STATEMENTS
This press release may contain a number of forward-looking statements. Words, and variations of words such as "expect," "goals," "plans," "believe," "continue," "may," "will," and similar expressions are intended to identify our forward-looking statements, including but not limited to, our expectation for growth, benefits from brand-building, cost savings, and margins.
These forward-looking statements are subject to a number of risks and uncertainties, many beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to, continued volatility of, and sharp increase in, costs, pricing, external actions, increased competition, risks from operating internationally, continued consumer weakness, weakness in economic conditions and tax law changes.
GNPT .015ss going in anticipation of multi-million $$$ 10Q. Headed higher with 117 mil FLOAT, no toxic debt!!
ARTM 0.0175 X 0.0185 MOVING ON AIR
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