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VHGI Holdings Inc fka VHGI RSS Feed

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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. 

                VHGI Holdings, Inc. BRAND SPANKIN' NEW Website:  



www.vhgiholdings.com


 

 

VHGI Holdings, Inc. is OTCBQ Registered company and features an L2:  http://www.otcmarkets.com/stock/VHGI/quote

 

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





Business Address:     103 N Court St., Sullivan, IN 
Mine Address:     15127 W 700 North, Jasonville, IN 
Mine name:     Landree Mine

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.

 

Lily Group, Inc. (LGI) is a development and operation stage 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. Lily Group was founded in the fall of 2007 by Mr. Rick Risinger to develop, operate, and open access to a known coal reserve in Indiana. Since inception, LGI has focused on developing the coal reserve to be known as the Landree Mine.

Lily Group (LGI) had acquired a mineral deed encompassing approximately 1,400 acres of coal from Mr.Risinger for the right to an Indiana basin coal reserve located in Green County, Indiana. LGI has received all permits and completed construction and installation of mining facilities and equipment in April of 2012. In total, LGI controls 2,800 acres of Coal IV. At a later phase, LGI also anticipates the mining of the deeper seams below the IV vein under production currently.

 

 

 


 


 

The Landree Mine is an underground mine, and is expected to be operated using room-and-pillar mining. Room-and pillar mining is effective for small blocks of thin coal seams. The mining operations cut grids of rooms into the coal seam, leaving inverted grids of pillars of coal to support the roof of the mine. Landree utilitzes continuous mining equipment to cut the coal from the mining face and battery cars to transport the coal to a conveyor belt for further transportation to the surface. The pillars generated as part of the mining process can constitute up to 40% of the total coal in a seam- although this coal can sometime be recovered at a later stage. Plans are for 45' x 45' pillars with 18' entries for the mains and 35' x 35' pillars with 20' entries in the rooms.

The coal extracted from Landree mine contains impurities, such as rock and sulfur, which comes in a variety of different sized fragments. Landree Mine uses a heavy-media coal preparation plant, known as a wash plant, located at the mine site. This coal preparation plant allows LGI to treat the coal extracted from the Landree Mine to ensure a consistent quality and size.

 











 

Coal production photos from LANDREE MINE ~ PHOTOS FROM MID-MARCH 2013



 


 


 





PHOTOS FROM FIRST DELIVERY ON INDIANAPOLIS POWER & LIIGHT CONTRACT



RANDOM LANDREE MINE PHOTOS







 



 


MUST WATCH VIDEOS OF LANDREE MINE

TELEVISION NEWS FEATURE


 
Part One
http://mywabashvalley.com/fulltext?nxd_id=219177


Part Two
http://mywabashvalley.com/fulltext?nxd_id=219197





VHGI Security Details
Share Structure
Shares Outstanding 99,847,126 a/o Nov 21, 2012
Float Not Available
Authorized Shares 250,000,000 common 10,000,000 Preferred 
Par Value 0.0001




+The Transfer Agent listed on the OTC( Island Stock Transfer ) is not correct:

 Transfer Agent: 

Signature Stock Transfer 

Plano Texas

Phone (972) 612-4120   ask for Jason


Daily chart


Weekly Chart
 





 

 Recent PRs: 
VHGI Holdings, Inc. Retains KCSA Strategic Communications for Investor Relations Service

Read More: http://online.wsj.com/article/PR-CO-20130418-912107.html

VHGI Holdings, Inc. Announces First Coal Delivery To Indianapolis Power & Light For 2013
04/01/2013 3:37PM - PR Newswire 

Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#ixzz2QCiYTzbM


VHGI Holdings Provides Landree Mine Update 
03/06/2013 3:29PM - PR Newswire 


Read more: http://www.nasdaq.com/symbol/vhgi/press-releases#ixzz2N4171VRc 

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.
  Filer : RISINGER PAUL R
 SC 13D 4/2/2013 N/A  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  VHGI HOLDINGS, INC.  NT 10-K 3/28/2013 12/31/2012  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  VHGI HOLDINGS, INC.
  Reporting Owner : RISINGER PAUL R
 4 3/25/2013 2/18/2013  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  
  VHGI HOLDINGS, INC.  8-K/A 3/22/2013 2/14/2013  View this filing in your web browser.  View this filing in its original format as submitted to the SEC  View this filing in Microsoft® Word  View this filing in Portable Document Format  Download and view the tables contained in this filing in Microsoft® Excel.  


 
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 




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: 



http://www.nasdaq.com/symbol/vhgi/insider-trades#.UTJJHzlmY20 


INVESTOR RELATIONS CONTACTS:

Jim Bender 
812-268-5459


Todd Fromer/Rob Fink

KCSA Strategic Communications

212-896-1215 / 212-896-1206

tfromer@kcsa.com / rfink@kcsa.com



VHGI COMPREHENSIVE ALL-IN-ONE DD POST:  http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87079967
 

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