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There were several people, like FFF and Euronator, that raised the red flag many, many times, but they were shouted down by a loud and often vicious crowd. That included you. Lesson learned? Listen to what "bashers" have to say and do your research from there.
Good luck recovering your losses, maybe some new entrepreneur will actually produce a ton of gold.
SO THATS It. Just checked to see if any one had posted any thing interesting. The BIGGEST SCAM ARTIST , How do you just walk off with stealing people's hard earned money guess Iam really dumb just reall hard to believei lost quiet a lot but I ll sleep good tonight. I sure would not want this scam on my conscious!!!! REALLY???????
flaflyersfan, ok thank you.
bufphx1, I think you have to tell your broker to declare the stock worthless. EOM
For tax purposes how and when do we claim this stock loss? I seen the website that the stock was "revoked" on January 14, 2015. Would this be claimed on next year's tax filing then?
aubbro, every share of VHGI stock is worthless forever. EOM
Does anyone know anything about the future of VHGI or how to find out where things stand going forward? If it bankrupt and done. I know once something is revoked, it can be reinstated, but is that even an option at this point?
I'll miss VHGI. It has been a source of entertainment
for many years. I made few friends, but many enemies.
Greed and naivety from "investors" kept an array of crooks in business driving the stock up and down, while making good cash.
The last one in charge of VHGI just didn't have that scammer's instinct that his predecessors refined to a science.
Most laughable memory that I have from this Board, is the visit to the coal mine from our fellow investors and their wretched attempts to convince us that everything was just fine. They had seen workers changing shifts!! That was funny.
Good luck with future involvements folks!
well all lessons to be learned. in hard ball you do get hit by a few pitches. never feels good but in time I'm sure all of us will recover. it's been a pleasure hanging out with all of you. we were in some weird way a big family of wacked out penny investors. good luck and stay healthy everyone.....till we all meet again.... ;)
That my friends is how you lose your ass in penny land................................................................
benchman, VHGI was so disgusting that it went to the top of the list. EOM
Wow. Just stopped by to see if anything was up. Looks like they completely gave up. Not the first time this has happened. My only question is, why revoked? They are so many symbols out there from company's that went out of business a long time ago, yet they are not being revoked.
VHGI stock Revoked. VHGI will never trade again. EOM
VHGI Revoked !!!!! Jan 14, 2015
http://www.otcmarkets.com/market-activity/suspended-symbols
I did he never called back ever. that was always disappointing.
Thanks Vhgier for this post!
I really hope that RICK is going to continue
working on VHGI and will have success soon in
setting up a new quality business plan that
will be formally published and will create new
Share Trading value and acquisition interest.
Do you have RICK'S contact phone number?
he had a shot and he turned willing folks away. I am disappointed but maybe he will realize you need to hit it when the pan is hot. happy new year all!
Thanks for this Posting, In Up To My Eyeballs.
Its very positive to hear that Rick has not
given up on VHGI and is still working on
putting something together for this Company
which is now trading at a very discounted level.
Hopefully he will work it out soon and give
VHGI a major lasting asset acquirement which
can be worked on and developed for future growth
of the Company and its trading share value.
Do you have the current contact phone number
for the Company which you can post?
Merry Christmas everyone. Ho Ho Ho.
FYI: I check in on occasion with the company and they are all still alive and out of jail, a good thing. I have been told that Rick has not given up and is working on putting something together that might someday pay off here at VHGI.
Only time will tell.
Happy Holidays
JP
Look at it this way, the name VHGI still excists and is listed. Some entrepreneur might by the rights to the name for 10 bucks and start a business. Stock could still run up to $ 100 with a slick scam artist.
guess I gave them too much credit. now we are a "shell of a group...
VHGI SEC Admin Proceeding for Financials delinquencies:
http://www.sec.gov/litigation/admin/2014/34-73514.pdf
VHGI the stock looks like it has nothing to do with the new owners. Oh well, it's been real....
So, is it the same entity with a new name?
Did Lilly Group sell the mining rights to South Central Coal?
http://www.msha.gov/drs/ASP/MineAction.asp
I'm still in. I always keep a few for just such an occasion!
vhgier Do you see the three falling wedge triangles in the 3 year weekly chart? That price is going to blast off and if you are not in that stock you will miss that move...
Yea...BERMUDA!!! Lol
3 consecutive triangles = $$$$ HUGE $$$$ Hint look at the 3 year weekly chart.
and the long answer is no.....lol. however you never know. I've seen weirder stuff happen....
Short answer: NO
Long answer: ABSOLUTELY NOT
Is there any hope for this stock by the end of the year?
Wow I see this things really tanking now. I wonder why it took so long?
So all they need is a new CEO and filings up to date. I will see what happens.
That's fine, doesn't matter now though, the deal is toast and nobody was no good for anyone
actually he was not fired, he quit because he was not getting paid. He went for three weeks without pay and the company also refused to layoff employees to enable them to file for unemployment.He spoke to the news because many individuals who were still working there asked him to. Just setting the record straight
The financials are behind by 5 quarters. Does anone think they can catchup? They are still filing 8Ks so I assume so.
Pinksheets Limited Information. EOM
maybe it means "please leave.....". lol. I will check from my lap top tomorrow.
When you click for the quote on VHGI on IHUB, it has a "(PL)" next to it. Anyone know what that stands for?
TIA
time will tell.....
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VHGI Holdings, Inc. BRAND SPANKIN' NEW Website:
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.
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.
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
VHGI HOLDINGS, INC. Filer : RISINGER PAUL R | SC 13D | 4/2/2013 | N/A | ![]() ![]() ![]() ![]() ![]() | ||
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VHGI HOLDINGS, INC. | NT 10-K | 3/28/2013 | 12/31/2012 | ![]() ![]() ![]() ![]() ![]() | ||
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VHGI HOLDINGS, INC. Reporting Owner : RISINGER PAUL R | 4 | 3/25/2013 | 2/18/2013 | ![]() ![]() ![]() ![]() ![]() | ||
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VHGI HOLDINGS, INC. | 8-K/A | 3/22/2013 | 2/14/2013 | ![]() ![]() ![]() ![]() ![]() |
Todd Fromer/Rob Fink
KCSA Strategic Communications
212-896-1215 / 212-896-1206
tfromer@kcsa.com / rfink@kcsa.com
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