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$BHGI -- now we can begin Beverly Hills Group, Inc. (OTCPK: BHGI) Announces Complete Resolution of Litigation
BEVERLY HILLS, CA / ACCESSWIRE / August 25, 2016 / Beverly Hills Group Inc. (OTCPK: BHGI) is pleased to announce the Mikkin's have withdrawn all claims against the company and all defendants, in their entirety, and have signed new lock-up / leak-out agreements restricting the sale of their shares of company stock.
These critical events, in addition to BHGI's earlier settlement and new lock-up / leak-out agreements with Ahmad Arfaania et al, will now free the company from these legal encumbrances. The new lock-up / leak-out agreements also provides an important safeguard for shareholders.
BHGI can now proceed as planned with the financing and corporate actions necessary to complete the acquisitions of the businesses and assets from Grupo Richard, and will be focusing on developing the company's diverse business opportunities.
Sincerely I remain,
Jacob Thomas
Chairman of the Board
Beverly Hills Group, Inc.
ABOUT BEVERLY HILLS GROUP
Beverly Hills Group, Inc. is a multi-faceted company, with current diverse investments in Mexico. These investments consist of retail convenience stores, wholesale distribution, construction, real estate development, banking and financial services. Our objective is to grow through strategic acquisitions, and to focus on increasing consumer awareness and demand in the Mexican and Latin American markets. Once these strategic acquisitions are procured and integrated, Beverly Hills Group will provide investment capital, preeminent modern business practices and best-in-class management, allowing these companies to grow 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; growth and margins.
These forward-looking statements are subject to a number of risks and uncertainties, many of which are 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 actions, increased competition, risks from operating internationally, continued consumer weakness, weakness in economic conditions and tax law changes.
SOURCE: Beverly Hills Group, Inc.
Great day man, can finally spread its wings
Huge news bro !! YES
Morning fam!
Great post JT, thanks for taking the time.
Awesome news and developments last week all, we are finally ready to roll!
Spread is nice !!
Awesome profile pic !
Looking great man
Epic Run ahead
Yessssssss
You should make your pic the can of bootysweat lol
Well L2 is telling that people want multi dollars and longer term hold ... Shit is going to be off the chain!!
Amen!! I for one apologize for anything negative I've said about things on here. I know there's a lot more to things than I've been told. Glad everyone is back on track.
Great to hear man, glad you're still here. Things are looking good
Looks like reversal confirmation to me
Another great day as we pivot off the lows and into new highs
Excellent update , really like how they're keeping us informed
Just signed in, my account shows my position .001 , what's going on here ?
Real deal company here :)
Starting to move ... Shitz going to get going soon IMO
Should get going soon
Me toooo I love waiting.
Ready for $BHGI lol
AMEN !!! It's actually hilarious they even filed that horribly put together thing
Damn it. I ran out of Poke Balls
Hey friends IMO things are going to get going here very soon.
Corruption ..
Yea San Diego is meh, do Bahamas or something lol
Lol she's not that attractive, well if into older woman with some chub then maybe lol
Welcome!! I'm sure outside in it looks messy cuz of the bogus lawsuit, but they will be tossed out soon, and Ahmad and Ed will be prosecuted and out of the way. They are in deep shit, San Diego has not been kind to them lol. Also their attorney is a criminal with SEC Charges lmao. It's actually hilarious.
They don't allow "scams" out of the grey sheets. It's nearly impossible to do, it's going to be huge IMO.
GL
Looks like Donna joined ihub lol BHGI
Have a great weekend BHGI
Stocks don't get delisted from bozo lawsuits that will be tossed Ed lmao
Yup me too. Most likely are, also rest of audits and we are rolling
BHGI spanked em
In court the other day and they are on the hook for some hefty time/penalties. That lawsuit is flawed and will be tossed. It's a tactic used by shorters.
Bro it's probably another one of their alias, new poster only in BHGI lol
It'll be tossed lol
I remember that one, nice run before
Well they've been hired so I'd assume so lol. 2015 audits still not out yet so I would "guess" they're still on hold. Idk tho.