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PR at the begining of the year.... did they do everything they said will do ?....you got it... how many other pinks outthere can say the same thing..???? ....wait till you see the plans for 2011.....
BFHJ casino gaming
Beneficial Holdings Details Current State of the Company and Plans for 2010
LAS VEGAS, NV -- (Marketwire) -- 01/05/10 --
Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), a casino investment and management holding company, today announced the current state of the company along with its upcoming 2010 strategy
Presently, Beneficial Holdings, Inc. operates two gaming establishments: The Vereda Tropical, which is a gaming center with a restaurant, lounge, and snack bar located in Managua, Nicaragua; and the Buchona, which is a slot parlor located in Masaya, Nicaragua. The Buchona was purchased as part of an agreement to acquire seven gaming locations
Beneficial Holdings will take possession of a third location per the purchase agreement within this first quarter. The minimal delay occurred to assure that the company receives a clear title
In 2009, the company announced that development of an online casino through our Latin American subsidiary was underway. The process, however, has taken more time than anticipated to finalize. Based upon the delays the company has experienced, we chose a vendor to assist us in the programming and maintenance of the online casino. Completion is expected within this first quarter
Finally, the company is involved in several yet to be announced targeted acquisitions with negotiations near finalization. We will also continue our business philosophy of identifying undervalued gaming locations within the Central American markets and acquire all that meet the company's rigid acquisition standards
"The company realizes its obligations to its shareholders and investors alike and will release the outcome of all relevant facts regarding all ongoing corporate activities and negotiations as they occur," said Carolina Navarro, President of Beneficial Holdings
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Beneficial Marketing will also support the Company in approaching other land-based casino companies that do not presently have an online presence with proposals to form joint ventures. "There are many casinos throughout Central and South America that have a reputable brand for their online casinos that could become bet.cr affiliates and distribute co-branded disks to their customers for lifetime residual commissions of 30 to 45%," Alex Papic, Vice President of Beneficial Holdings, Inc., said.
i m lookin at .33/share by spring before i dump any major shares.....
its coming boyz, its coming, there still maybe another chance or two to reload at these blue light special prices...but once the train leaves....next stop will be .0250.......
at that time 2-22-10, BFHJ ...pps = .0035 post divvy....3 times higher than it is now...and at that time they wanted to do somethin about it..imagine now....they will bring a shocker....reap value of this company is 5cents/share as right now..and increasing every day..
The Company believes that these short sell orders are stealing value and liquidity from our shareholders. "The Company will do whatever it takes to eliminate these trades and to make the sellers of these short positions cover their trades. It is clear from the percentages of volume that these short sellers could not logically be covering their sell orders," Alex Papic, Vice President of Beneficial Holdings, Inc., said.
Beneficial is working on doing whatever is in best interest for the shareholders...i ve been with this company for a while so far and everything they said will do..'s been done....this is just the beginning of great things to come....and lemme throw another shocker at ya guys...call me crazy but dont be surprised if you hear pretty soon about another DIVIDEND pretty soon....this time cash....CASH.... you do your own DD and compare this one to other stocks and decide what s in best interest for you
GL
In addition, the Company received information that a large portion of the daily sales of its common stock is due to short sellers and not retail investors trying to sell their shares. This short selling action is precisely why the Company needed to issue a dividend to make our common stock more liquid. Our shareholders cannot benefit from liquidity when short sellers are manipulating the price of the securities by creating a wall.
The following information was received from FINRA's published reports.
February 19, 2010: 220600 short shares of 306612 volume (72%).
February 18, 2010: 157000 short shares of 619360 volume (25%).
February 17, 2010: 660383 short shares of 1419469 volume (47%).
February 16, 2010: 255864 short shares of 324864 volume (79%).
February 12, 2010: 6000 short shares of 34500 volume (17%).
February 11, 2010: 75000 short shares of 213000 volume (35%).
February 10, 2010: 135000 short shares of 170700 volume (79%).
February 09, 2010: 729786 short shares of 853186 volume (86%).
February 08, 2010: 105000 short shares of 132895 volume (79%).
February 04, 2010: 125000 short shares of 155400 volume (80%).
This will not be treated as an ordinary forward split, so shareholders must factor in the settlement times for the ex-date when deciding when to purchase or sell their shares. In the event that the Company is notified of any changes, it will advise shareholders promptly.
I have been personally told by Alex over the phone that they are planning to move to OTC, no time frame given.this was back in the spring. also on that time he said that their main concern is the online casino, and some more acquisitions. i belive this was right after they announced the dividend.
The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend.
well from lookin at that picture , it obvious that current uptrend was backed with some major volume ...unlike the previous ones....expect major major move up pretty soon....
well obviously we have people here that have no bussines being in stocks, i recomend reading few books then come back here before you sound like an idiot.....
t-trades have nothin to do with trading monday, we all know that....especially after the news monday morning, other than that chart is lookin really good, am i the first one to call bottom ?...
no takers for that 15......it 'll look good at the chart at least....
so is everyone waitin for this thing to go up , i dont see anybody hitting that ask.....
they can move this thing up 300-400% on no volume ..noone is going to sell.....some people will be shocked with this stock.....
like i ve been saying for the last month, keep adding while its low, because when it starts to run, you are not gonna catch it....
anyone gonna hit that 0014 or what.....
what a ride....it'll only get better........keep loading up the boat
sounds good, i m not worried at all, just happy to be able to buy at these levels......drinkin some heineken here
BTW where s everyone........no posts after market close.........everyone gave up ?
BFHJ has lot more going on than any of these top 15 stock on ihub
i see that LOCN stock, whatever that is went from 000 to 32 cents in a week...... this very well might be BFHJ down the road
could be MM gettin shares from another MM, before a run.....either way i am ready for some major buying if we get any lower.......
yes usually 90% of the time means exactly that........someone dumpin shares, like we saw 2 weeks ago all those millions dumped @ .0034.......but i remember we had big t-trades before , 2 months , when this run begin
last time i bought @ .0040 avg, after divvy prices....held it whole summer and kept adding more all the way down to .0004....and it paid off....now same story, i held some from the last time and i m just keep adding...i d like to get some in 11-12 range..if that dont hold , then 3-4 mills for every tick down...check out some of the top commented stock on ihub...multi 100 baggers....this will be one of them....just keep it quiet and keep adding..
GL
if anything . i m pickin up more........this whole downtrend this is to get people scared so that they can sell even on a slight movement up.....
expect a big move.....up or down................
well if it drops more, guess what i'll be doing.....another 15-10 mil...if it runs i have bunch ready to sell...so either way it goes, its fine with me
i had a limit order for 3 million @.0013..for the last 3 minutes..didnt get filled
time to reload guys...............
ANYONE PLANING TO BUY MORE TODAY, EXCEPT ME..
so looks like we r gonna end up down for the week....5 th week on a row...down...when s the last time on the chart that you see more than 5 weeks down on a row???...heck..even 4????...bounce is coming...very soon...it'll be here before you know it...
i m not sure we'll get there...MM's did their job, created panic, now on every move to the upside there will be lots of willing buyers to give up their shares , just out of fear not to lose their money or get back in the hole again.......that was the whole plan from begining..and when the PPS increases even more and news comes out those same people will be chasing the stock again in .0060 range, only to end up in the same situation as right now...now we have no buyers at .0014, and when the MM walk this up to .0040 people will pour in
when there is blood on the streets............buy buy buy.........i know everyone wants to see that bottom before starting to buy....but noone knows where the bottom is...could 've been today... do the things that are in your power...slowly nibble on pullback.....0030, .0025, .0020, 0015, 0010 if we get there....you know damn well it 'll run pretty hard one day..better be ready....and as far as bashers...we had lot more over the summer when this thing got walked down all the way .0004....bashers are a premature sign of a stock that is just about to explode to the upside....once again.... little advice from someone who s been around stock for a while s.....add slowly on pullback....
GL
anyone else wanna jump in ??