I don't give people hell, I just tell them the truth and they think it's hell. H. Truman
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.1751 closing SHAREPRICE
So why is the SP at these levels when we are reportedly on the verge of "good news"?
The stock was at $1.14 just a few months ago, trades at $10 in the last 12 months
My answer is the TOXIC CONVERTIBLE NOTES!
4. NOTES PAYABLE
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April 6, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On July 17, 2015, the Company received a conversion notice requesting the issuance of 7,000,000 shares upon conversion of $17,500.00 of the note’s outstanding balance, leaving a principle amount of $275,382.66. The Company issued out 7,000,000 shares on July 21, 2015.
WRONG! In reality it traded 475 shares at $10!
That's why the 52 week high is reported at $10
2014/12/12 10.00 10.00 10.00 10.00 475 10.00
2014/12/11 9.00 9.00 9.00 9.00. 360. 9.00
This thing is turning into a dead Turkey.
I even see it traded at $10 this year.
Wow, from $10 to pennies.
LMAO, is this a joke? When did it trade at .0001?
It did trade at $1.14, just a few months ago.
New trading range is in the teens.
The scam is headed lower!!!
NO ONE IS FALLING FOR THIS BULLSHIT
BHGI was loaded with a TOXIC CONVERTIBLE NOTE just before relisting.
"In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share."
NUMEROUS CONVERTIONS, TOTALLING OVER 24 MILLION SHARES HAVE ALREADY TAKEN PLACE.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April 6, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
In August, another 7,000,000 shares were converted.
LMAO, the stock trade near its lows, it has trade a half the value it did 30 days ago. It off its high of $1.14 from 3 months ago.
LMAO, the stock trade near its lows, it has trade a half the value it did 30 days ago. It off its high of $1.14 from 3 months ago.
Really? Now bidding .12.
CARO CAPITAL INTENDS TO SELL ITS SHARES. If the shares are restricted, Caro intends to sell them when they are registered. If the shares are freely tradeable, Caro intends to sell them. Caro affiliates, officers, directors and employees may buy and sell shares discussed in this report or any other communications and may profit in the event those shares rise in value. Caro may sell shares at any time.
Caro Capital signed an agreement with Beverly Hills Group Inc. to receive one million shares of the company’s common stock. Caro Capital is currently selling their shares.
TICK TOCK, Appearantly there is some confusion.....
I know I'm confused with all these predictions......
60 days.....3 months......next week......Week after Thanksgiving......
******************
J.T. The DD King Member Level Friday, 11/13/15 11:38:00 AM
Re: rjblackb1985 post#
Agreed. Tick tock. I'm guessing next week:
******************
Bottomline: We might be a week AFTER Thanksgiving. I was predicting Thanksgiving previously. wink
******************
Meanwhile, the selling continues.
MILLIONS OF SHARES CONVERTED FROM TOXIC CONVERTIBLE NOTES @ .0025 a share.
Now, ANOTHER CONVERTIBLE DEBT OF $608,387.
On top of the millions of CARO, IR share being sold.
AND THE SHAREPRICE IS NOT GOING LOWER.
HUMMM.... THIS FITS THE DEFINITION, TOXIC CONVERTIBLE NOTE!
Over 24 million shares issued this year, most are FREE TRADING, LOOK AT THE FLOAT! 25,414,793 shares as of Nov 12, 2015.
4. NOTES PAYABLE
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April 6, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On July 17, 2015, the Company received a conversion notice requesting the issuance of 7,000,000 shares upon conversion of $17,500.00 of the note’s outstanding balance, leaving a principle amount of $275,382.66. The Company issued out 7,000,000 shares on July 21, 2015.
RED ALERT! RED ALERT! RED ALERT! RED ALERT!!!
THIS STOCK IS A BIG SCAM.
HUGE PROMOTION GOING ON.
BEWARE! BEWARE! BEWARE!
THOSE PESKY CONVERTIBLE NOTES PAYABLE BEING CONVERTED AT .0025 A SHARE. MILLIONS BEING CONVERTED!!! OVER 24.4 MILLION SHARES SINCE JANUARY 2015.
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April 6, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On Aug 7, 2015 ANOTHER 7,000,000 shares issued!
THIS IS A SCAM!
SO NOW WE LEARN ANOTHER $608,387 is CONVERTIBLE!
5. LOANS PAYABLE – Related Party
During the three months ended September 30, 2015, a related third party made advances and directly paid Company expenses. The Loan Payable is convertible, unsecured, interest bearing and due on demand.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
The Complaint, filed in Nevada, alleges multiple causes of action, including breach of contract and breach of fiduciary duty by Sichenzia Ross Friedman Ference and Mr. Ocasio.
Beyond Commerce, Inc. (www.beyondcommerce.com) (OTC Bulletin Board: BYOC) today filed a lawsuit against Sichenzia Ross Friedman Ference, LLP (www.srffllp.com) and Darrin M. Ocasio, Esq. The complaint outlines allegations that Sichenzia Ross Friedman Ference and Mr. Ocasio are liable for permanently and intentionally damaging Beyond Commerce costing the company millions of dollars in lost business and revenues. Beyond Commerce will be seeking damages accordingly. (Case number: a-10-620267-c, Beyond Commerce, Inc., a Nevada corporation vs. Sichenzia, Ross, Friedman, Ference, LLP a business entity form unknown; Darrin M. Ocasio, an individual; and does 1 through 100, inclusive court of record: District Court; Clark County, Nevada)
The Complaint, filed in Nevada, alleges multiple causes of action, including breach of contract and breach of fiduciary duty by Sichenzia Ross Friedman Ference and Mr. Ocasio.
Beyond Commerce is continuing the process of evaluating additional lawsuits against other parties involved that may have contributed to the destruction of more than $75 million of market value and damages to its shareholders and employees.
The flagship wholly owned subsidiary of Beyond Commerce was LocalAdLink, Inc. which was a leading advertising company in its market sector. Because of its market niche and explosive growth, LocalAdLink had significant momentum and growing market share but the company was allegedly destroyed by the nefarious acts of others.
CEO Robert McNulty stated that, "The damages that were caused by the recklessness and greed of others are enormous and beyond comprehension; however, I do believe that the parties involved will be found liable for damages to the company."
California Bar Journal Discipline Summaries
Summaries from the California Bar Journal are based on discipline orders but are not the official records. Not all discipline actions have associated CBJ summaries. Copies of official attorney discipline records are available upon request.
June 12, 2014
GENE EDWIN O’BRIEN [#99524], 63, of Palm Desert, was suspended for one year, stayed, placed on two years’ probation with an actual 30-day suspension and ordered to take the MPRE. The order took effect June 12, 2014.
The State Bar Court found O’Brien culpable of four counts of misconduct in a single client matter: failing to perform legal services with competence, communicate, return unearned fees or to account. In August 2010, a woman hired O’Brien to file a lawsuit against her lender for predatory lending. The following month, she hired him to file another action against her niece in a real estate fraud matter. She paid O’Brien $10,000 to handle both matters.
In March 2011, the client emailed O’Brien asking for an update on the matters, but got no response. Over the next few months, she called him 33 times seeking an update on the lawsuits and left several voicemail messages. In August 2011, she met with O’Brien, who told her he would file the lawsuits the following month. He never did.
O’Brien made several other promises to file the lawsuits and even brought in a second attorney who is an expert in predatory lending practices, but did not file anything on her behalf in 2012.
In 2013, after the State Bar filed a notice of disciplinary charges against him, O’Brien filed an action in San Bernardino County Superior Court. On June 22, 2013, he refunded the $5,000 his client paid for the legal action against her niece.
BHGI has ONLY signed an agreement with an investment banking firm to assist in raising capital.
THEY HAVE NOT SECURED FINANCING!
The investment banker has struck out on 3 previous deals
"The investment banking firm was founded in 1925, is one of the oldest in the United States, a member of the New York Stock Exchange, and a full service broker-dealer. The firm manages two Morningstar rated funds with over $2.8 billion dollars of retail accounts, nearly 100 registered representatives and 20 investment advisors in six different offices."
ERFB .0002, $30,000,000 FAIL!
FONC .0011 $20,000,000 FAIL!
MLHC .0002 $30,000,000 FAIL!
All 3 are current fails.
AND
BHGI has A TOXIC CONVERTIBLE NOTE!
"In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share."
MILLIONS OF SHARES BEING PRINTED, TOXIC Convertable Notes Payable being converted at .0025.
Since the beginning of the year 24,000,000 shares converted at .0025
Note holders converted $50,000-60,000 of debt into shares valued over $10,000,000
Shareholders being fleeced!
Buyer beware!
$292,000 of CONVERTABLE debt will add another 140,000,000 shares
CARO CAPITAL INTENDS TO SELL ITS SHARES. If the shares are restricted, Caro intends to sell them when they are registered. If the shares are freely tradeable, Caro intends to sell them. Caro affiliates, officers, directors and employees may buy and sell shares discussed in this report or any other communications and may profit in the event those shares rise in value. Caro may sell shares at any time.
Caro Capital signed an agreement with Beverly Hills Group Inc. to receive one million shares of the company’s common stock. Caro Capital is currently selling their shares.
RED FLAGS!!!! RED FLAGS!!!! RED FLAGS!!!! RED FLAGS!!!! RED FLAGS!!!!!!
MORE Inaccurate filings
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=139168
-Balance sheet reports $-0- in Notes Payable, yet the notes section discloses $323,145.66. The 10-k reported $633,602
SUBSEQUENT EVENTS-5,790,000 Shares issued and not reported properly!
4. NOTES PAYABLE
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership m, into shares or common stock at a conversion price of $0.0025 per share. On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015. On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April16, 2015.
9. SUBSEQUENT EVENTS
NONE
MORE CONFICTING INFORMATION............ interesting the named Attorney!
9) Third Party Providers
Please provide the name, address, telephone number, and email address of each of the following outside providers that advise your company on matters relating to operations, business development and disclosure:
Legal Counsel
Name: RANDALL V. BRUMBAUGH
Firm: LAW OFFICE OF RANDALL V. BRUMBAUGH Address 1: 8780 19th STREET, SUITE 450
Address 2: ALTA LOMA, CA 91701
Phone: 626 429 9634
Email: rbrumbaugh@gmail.com
Accountant or Auditor Name: NONE
Investor Relations Consultant Name: NONE
Other Advisor: Any other advisor(s) that assisted, advised, prepared or provided information with respect to this disclosure statement.
Name: NONE
YUP, these in accurate financials are signed by the officers of the company.
10) Issuer Certification
The issuer shall include certifications by the chief executive officer and chief financial officer of the issuer (or any other persons with different titles, but having the same responsibilities).
The certifications shall follow the format below:
I, DONNA MIKKIN, CEO/PRESIDENT certify that:
1. I have reviewed this AMENDED QUARTERLY DISCLOSURE STATEMENT of BEVERLY HILLS GROUP, INC. FKA THE MOTION PICTURE HALL OF FAME, INC.;
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this disclosure statement; and
3. Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in this disclosure statement, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.
May 27, 2015 [Date]
/S/ DONNA MIKKIN [CEO’s Signature] CEO/PRESIDENT [Title]
I, GENE O’BRIEN, SECRETARY & TREASURER certify that:
1. I have reviewed this AMENDED QUARTERLY DISCLOSURE STATEMENT of BEVERLY HILLS GROUP, INC. FKA THE MOTION PICTURE HALL OF FAME, INC.;
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this disclosure statement; and
3. Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in this disclosure statement, fairly present in all material respects the financial condition, results of operations and cash flows of the issuer as of, and for, the periods presented in this disclosure statement.
MAY 27, 2015 [Date]
/S/ GENE O’BRIEN [Signature] SECRETARY & TREASURER [Title]
No, .16 is. How sad when all are waiting the audit.
What is the audit going to show?
The market cap is $15 million, the proposed acquisition will NOT confirm $15 million.
It's setting new lows, gee what a surprise.....
Now bidding .113
And the price will get cheaper and cheaper. LMAO.
SO NOW WE LEARN ANOTHER $608,387 is CONVERTIBLE!
5. LOANS PAYABLE – Related Party
During the three months ended September 30, 2015, a related third party made advances and directly paid Company expenses. The Loan Payable is convertible, unsecured, interest bearing and due on demand.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
Wait til tomorrow, it'll get cheaper.
Bid is now .13, Ask is .24
SO NOW WE LEARN ANOTHER $608,387 is CONVERTIBLE!
5. LOANS PAYABLE – Related Party
During the three months ended September 30, 2015, a related third party made advances and directly paid Company expenses. The Loan Payable is convertible, unsecured, interest bearing and due on demand.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
BHGI has ONLY signed an agreement with an investment banking firm to assist in raising capital.
THEY HAVE NOT SECURED FINANCING!
The investment banker has struck out on 3 previous deals
"The investment banking firm was founded in 1925, is one of the oldest in the United States, a member of the New York Stock Exchange, and a full service broker-dealer. The firm manages two Morningstar rated funds with over $2.8 billion dollars of retail accounts, nearly 100 registered representatives and 20 investment advisors in six different offices."
ERFB .0002, $30,000,000 FAIL!
FONC .0011 $20,000,000 FAIL!
MLHC .0002 $30,000,000 FAIL!
All 3 are current fails.
AND
BHGI has A TOXIC CONVERTIBLE NOTE!
"In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share."
CARO CAPITAL INTENDS TO SELL ITS SHARES. If the shares are restricted, Caro intends to sell them when they are registered. If the shares are freely tradeable, Caro intends to sell them. Caro affiliates, officers, directors and employees may buy and sell shares discussed in this report or any other communications and may profit in the event those shares rise in value. Caro may sell shares at any time.
Caro Capital signed an agreement with Beverly Hills Group Inc. to receive one million shares of the company’s common stock. Caro Capital is currently selling their shares.
Property and Equipment
Property and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred. Additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and a gain or loss is included in operations. Depreciation of property and equipment is provided using the straight- line method for substantially all assets with estimated lives of five to seven years. As of September 30, 2015 the Company had no property and equipment.
MORE ERRONEOUS FINANCIALS....
THESE ARE NOT subsequent events, they are current period.
All the signs of a scam!!!!!
Previous financials did not include millions of shares issued as subsequent events.
BEWARE OF THE TOXIC CONVERTIBLE NOTES, MILLIONS OF SHARES BEING ISSUED.
RED ALERT! RED ALERT! RED ALERT! RED ALERT!!!
THIS STOCK IS A BIG SCAM.
HUGE PROMOTION GOING ON.
BEWARE! BEWARE! BEWARE!
THOSE PESKY CONVERTIBLE NOTES PAYABLE BEING CONVERTED AT .0025 A SHARE. MILLIONS BEING CONVERTED!!! OVER 24.4 MILLION SHARES SINCE JANUARY 2015.
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on October 30, 2007. In May 2014, the Company issued a replacement convertible promissory note to the holder of this debt in the principal amount of $335,850, reflecting the principal and accrued interest of the August 2002 note payable through March 31, 2014. The convertible promissory note accrues interest at 6% per annum and permits the holder to convert principal and accrued interest, subject to a 9.99% ownership limitation, into shares or common stock at a conversion price of $0.0025 per share.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April 6, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On Aug 7, 2015 ANOTHER 7,000,000 shares issued!
Management Service Agreement
In connection with the Purchase Agreement and the Company’s change in operational focus to developing the products related to the Cosmetic Assets, on October 1, 2014, the Company entered into a Management Services Agreement (the “Services Agreement”) pursuant to which it appointed Palm Desert Management Inc. as the services provider (the “Service Provider”) to provide certain advisory and consulting services to the Company. The Services Agreement expires (1) year after the date of the Services Agreement, with automatic yearly renewals on each anniversary date, for a maximum of five (5) years total; provided, however, that the Services Agreement may be terminated at any upon mutual agreement of the Company and the Service Provider. Under the Services Agreement the Service Provider agreed to provide the Company with business and organizational strategy, financial and investment management and advisory services, seek, screen and negotiate with management personnel, and perform such other tasks as the board of directors of the Company (the “Board”) or the Company officers may reasonably request from time to time, as well as investment, financial, strategic and corporate advisory services in connection with (i) the closing of operational transactions deemed advisable by the Board, and (ii) any other merger, acquisition, recapitalization, divestiture, financing, refinancing or other similar transaction in which the Company may be, or may consider becoming, involved (collectively, the “Services”). As consideration for the Service, the Company issued to the Service Provider an aggregate management fee, for the five years of Services contemplated by the Services Agreement, in an amount equal of fifty million (50,000,000) shares of Common Stock (the "Management Fee"). The first one-fifth of the Management Fee vested immediately with the Services Provider and the remaining amount is subject to claw back in the event the Services Agreement is terminated prior to its 5th anniversary. As a result of the issuance of the Management Fee, the Service Provider became the largest shareholder of the Company.
MILLIONS OF SHARES BEING PRINTED, TOXIC Convertible Notes Payable being converted at .0025.
Since the beginning of the year 24,000,000 shares converted at .0025
Note holders converted $50,000-60,000 of debt into shares valued over $10,000,000
Shareholders being fleeced!
Buyer beware!
$292,000 of CONVERTABLE debt will add another 140,000,000 shares
NO! Not when sellers outnumber buyer 3 to 1. Not when the stock is selling near its lows. Not when the stock traded as high as $1.14 just 90 days ago.
No, this is someone dumping shares on the market!
We know about the Toxic Convertion shares at .0025 and we know about the millions of shares issued to promotional companies.
This is headed lower.
The company has no assets, no revenues and NO CASH!
??? Really??? SELLERS OUTNUMBERING BUYERS, 97,789 selling, 31,490..... Only 2-100 share trades @ .28.
Market manipulation OR REALITY?
Caro Capital intends to sell its shares. If the shares are restricted, Caro intends to sell them when they are registered. If the shares are freely tradeable, Caro intends to sell them. Caro affiliates, officers, directors and employees may buy and sell shares discussed in this report or any other communications and may profit in the event those shares rise in value. Caro may sell shares at any time.
Caro Capital signed an agreement with Beverly Hills Group Inc. to receive one million shares of the company’s common stock. Caro Capital is currently selling their shares.
SO NOW WE LEARN ANOTHER $608,387 is CONVERTIBLE!
5. LOANS PAYABLE – Related Party
During the three months ended September 30, 2015, a related third party made advances and directly paid Company expenses. The Loan Payable is convertible, unsecured, interest bearing and due on demand.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
You are incorrect! BHGI bagan trading over 4 months ago, 120 days, not just 60 days. Peaked at $1.14 and promptly plummeted to .20 after issuing more than 24 million shares @.0025 by converting the TOXIC CONVERTIBLE NOTE.
BY THE WAY, ITS THE 3Q financials, not the 4Q financials, that disclosed ANOTHER 7,000,000 shares issued @ .0025 and another 550,000 shares for Stock Promotion.
BEWARE OF FLAWED DD.