My guess is at least 400,000,000 shares are being bought back through ETMM. I gather that number through the El Transito deal and the dramatic increase of volume through ETMM in February. 213,514,769(21%) in January to 552,599,088(58%) in February. January also had a higher total volume making February's ETMM volume extra unique. Maybe because 400,000,000 shares were being bought back through them. Notice who has been the big dog on the ask and bid. Maybe we are the process of buying back 800,000,000? Would be a smart move of the companies part and would make sense of the lack of PR regarding the sale of $3.2 million. Also the licensing deal which essentially said wait until the end of March. Talk about a PR that would send this once and for all. SBB + Acquisition. I mean, wouldn't it be smarter to announce you bought shares back after the fact, all the while keeping it low?

I like the SBB idea. Makes more sense than a lot of ideas.

HDSN and ETMM want 20,000,000 each

3 MM's on bid with hidden size. Shorts covering?

lol wtf is going on over here

Do you think class A will be around a 10,000,0000 O/S seeing as the O/S was 101,170,574 for class B at the end of 2010?

Marvelous day! Feels good being a CBIS share holder! Lotta POTential!

Good Afternoon! What are your thoughts on how CBIS Class A will trade? Worth converting maybe or you thinking just hold?

What a great close! GO CBIS!

O h4b, you so silly

Looks like someone wanted to make a statement at close!

.0002's(4 MM's) on the bid, decent volume. I'd say a good friday so far ^ ^

Been here since 2010 :D Love what CBIS is doing!

BIG CBIS NEWS :D. Long & Strong CBIS

But people would rather wait in a billlion+ line for .0001's lol.

3 mil hit @ .0003

2 wiped AGAIN. 4 mil bid support.

Does look like we had to chew through the 400,000,000 from the El Transito deal. Most of that has been accumulated since end of January IMO. $3.2 million in cash seems like it should buffer future dilution. Time for cash acquisitions at more legitimate locations. May not be until they acquire their new license though. Unless they make an acquisition in order to get a Class A License.

"Class-A Gaming License – The highest standard whereby the establishment must have a minimum of 71 slot machines and three table games. The business must also show that at least $100,000 is deposited in a checking account and there is a $50,000 bank guaranteed bond. Must also provide 30 full time jobs and invest $200,000 into the business".

Buying stock and then calling it a scam is the most interesting strategy I've ever seen.

I can't assure you of anything. But I personally do not think we will have a DTC issue. I believe this was mildly discussed last week as well. Looking for the posts..

Good Morning CBIS! Green is always good :D

I didn't.
I wouldn't jump to the conclusion, "Must be selling the list" without further proof.

Do you know if the progressive jackpot has broken $1,000,000 before?

The A/S increase was for
"MANAGUA, NICARAGUA, Jan 11, 2012 (MARKETWIRE via COMTEX) -- Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), which manages the sportsbook.cr and bet.cr by Beneficial live dealer casinos and sportsbooks, a hotel, and gaming parlors in Nicaragua, today announced that it entered into a purchase agreement to buy an oceanfront property in El Transito, Nicaragua.

The property will be developed as a boutique hotel with fourteen rooms including a separate onsite building as a slot parlor.

The purchase will be an all stock transaction with the seller receiving 400,000,000 restricted shares at closing and an additional 400,000,000 shares upon the start of construction. The closing is scheduled to occur in March of 2012 so the company may complete all due diligence and a title search of the property. The value of this transaction will be $640,000.00."

Then they turned around and sold the rights to El Transito as part of, "The Company closed on its sale of its non-gaming properties on February 14, 2012. The final
value of the package was US$3,282,000 for Beneficial Holdings" February 14, 2012.
Essentially turned the shares in for a cash value way higher than the current PPS.

DILUTION!! :P

Someday people will get tired of waiting in a line for shares that consists of the entire maximum free trading(1/12/2012) lol.

Force the donks out at .0002. Not letting them off easy @ .0003.

I love CBIS! :D. Hope you're having a great day!

Quite a long line for .0001's lol.

I'm fine with the company having raised the O/S for the assets they sold for $3.2 million. Seems like a good deal to me. It is not like Carolina is diluting into her pocket.

I don't think anyone knows who is backing BFHJ with the $47 million LOC. They always refer them them as "affiliates". On that note though, I'll leave this here.

"The abstaining votes came from the three ultra-hardline members of the Sandinista Socialist Party including National Assembly Deputy Monica Baltodano, who decried the act as a conspiracy of ‘hidden groups seeking benefits with the approval of the initiative".

Edit: Last post of the day. Here you go duke.

"Currently, neither officer is taking anything other
than a nominal salary. This is because their current
goal is to aid the Company’s expansion. Ms. Navarro
only accepts a $200.00 monthly expense reimbursement
while Mr. Estrada is only reimbursed for actual
expenses relating to Company business.
Neither of the officers or directors beneficially owns
the Company’s securities, although their compensation
agreements provide that they may purchase certain
stock in the event they bring the Company to sales
about $19,000,000.00 per year with at least 20% of
sales resulting in profit within three years. In that
event, the officers could purchase, at $.12 per common
share, up to 8 percent of the Company’s common stock.
In addition, they could purchase up to 3.9% of the
preferred stock in exchange for $350,000.00 pro-rated
depending on the percentage they wish to own".
Initial Company Information and Disclosure Statement page 9

I agree but at the same time the longer it sits here the longer I can accumulate shares. Pretty easy to do when they have $3.2 million in the bank.

lol imagine if all the donks around here didn't hadn't of bought in and sold out at .0002. Their owns worst enemy.

I would be happy to just hold the two's for a while.

LOL i enjoy your posts.

Whoever the retail is getting out at two, is thinning out threes intro stronger hands.

I think more accumulation has occurred this time around than the last time a pump group tried to move it. Always a good thing. Think some weak hands finally left as well.

LOL okay. GLTY

Apparently these new laws have been on the table for a long time. It was passed end of May last year but the beginning of regulations didn't start until December. Government inspectors are about to start hitting the streets. I think this law single handedly changed the companies operations and was the main reason for the lack luster performance of 2011. Couldn't agree more with this being the reason they sold the hotel. TBIRD also sold a hotel this month for cash. This is a moment of tremendous opportunity for casino owners in Nicaragua IMO.

This will move eventually with or without the acts of certain individuals IMO. I personally will continue to add while I feel it is undervalued. Go big or go home! :P

Good morning and no problem! Looks like the company is setting up a big March/April. GLTY & GO BFHJ ;)