I don't give people hell, I just tell them the truth and they think it's hell. H. Truman
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ROFLMAO, It does show the intent and the aptitude of the NEW MANAGEMENT.
Who would invest a cornpany or trust management that can't get the filings correct?
If you can't trust the filings, how can you trust management?
What does this say about the legal team that reviews and approves the content with inconsistencies?
OBVIOUSLY, the intent is to flood the market with shares.
In September 2014, the Company amended its articles of incorporation for the purpose of increasing the number of common shares it is authorized to issue from 300,000,000 to 500,000,000 and to create a Class A Preferred Stock with 25,00,000 authorized shares"
9. SUBSEQUENT EVENTS On October 1, 2014, the Company’s shareholders authorized an amendment to the Company’s Articles of Incorporation for the purpose of increasing the number common shares the Company is authorized to issue from 300,000,000 to 500,000,000 and to authorize the number of preferred shares the Company can issue to 25,000,000. The Amendment to the Articles has been filed with the Secretary of State but is not yet effective.
Newly issued Convertible notes. HUMMM after 7 years. Add another 140,000,000 shares
.0025 a share conversion rate,
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. (Now $348,000 or 140 MILLION SHARES)
.....permits the holder to convert.....into shares or common stock at a conversion price of $0.0025 per share.
The attorney letter states the older filings are accurate.
Annual Report for the period ending 12/31/14 May 12, 2015
Supplemental Information ending 9/30/14 December 6, 2014
Supplemental Information ending 9/30/14 December 6, 2014
Quarterly Report for the period ending 9/30/14 November 13, 2014
Quarterly Report (restated) for the period ending 6/30/14 October 27, 2014
Quarterly Report (restated) for the period ending 3/31/14 October 27, 2014
Quarterly Report for the period ending 6/30/14 August 14, 2014
Quarterly Report for the period ending 3/31/14 June 9, 2014
Quarterly Report (amended) for the period ending 3/31/14 May 15, 2014
Quarterly Report for the period ending 3/31/14 May 11, 2014
Annual Report for the period ending 12/31/13 April 12, 2014
After reasonable investigation I have no reason to believe that, at the time such information was submitted to OTC Markets, the information contained any untrue statement of material fact or failed to state a material fact necessary in order to make any statement proffered, in light of the circumstances under which it was made, not misleading.
YET THE FILINGS ARE FULL OF INCONSISTENCIES
Yet we find them reporting on the OTC....
From your previous post
"Obviously things are heating up with financials filed and attorney letter filed, both are often signs a 15c211 sponsorship is forthcoming so hopefully we should be able to see what's really happening shortly. I sincerely doubt this is a failed motion picture company coming out of the ashes, or has all of their eggs in a 3rd rate, startup cosmetics company. "
What is amusing is the inconsistency being reported. Not really, it's a sad state of affairs when a company can't get their act together and attorneys confirm the inaccurate reporting.
PUMP & DUMP ALERT
http://www.pumpsanddumps.com/2015/05/the-hjoe-hangover.html
Traders jump in and out of Hangover Joes as the company uses social media to pump itself and create an irrational and unmaintainable frenzy.
Written by Janice Shell
May 15, 2015: Hangover Joe's Holding Corporation (HJOE) has had quite a week. On Monday 11 May, the company's stock opened at $0.0004 and closed at $0.001; on Thursday, it hit a heady intraday high of $0.0062 on 532 million shares, only to fall back to close at $0.0024. The increased interest in the issue seemingly came out of nowhere. Only a little less than three weeks ago, HJOE was trading in the low triple zeros on average volume not much greater than 10 million shares daily.
HJOE, intraday chart 05/14/2014
Thursday's action was especially dramatic. The stock first rose, corrected, and then began to rise once again. It ticked slowly up until just before 2 p.m., when it suddenly fell off a cliff on extremely high volume. It made a brief recovery before continuing its descent, ending the session only one tick above its intraday low.
What on earth had happened?
Hangover Joe's
Hangover Joe's is the brainchild of Shawn Adamson and Michael Jaynes. Jaynes is a retired attorney from Jackson, Tennessee. Adamson is manager of Daimiel Global Resources, an unincorporated entity that is, according to Adamson himself, a "private investment organization." In a Schedule 13 filed with the SEC on 25 July 2012, Adamson noted that in 2008 he'd been convicted of fraudulent use of a credit card in Carroll County, Arkansas. He was sentenced to three years' probation, 90 days in jail, and a $1,000 fine.
HJOE's SEC filings do not explain how Adamson and Jaynes got into the hangover cure business. Initially the pair set up an LLC called Hangover Joe's Products. In 2012 they purchased a public shell incorporated in Colorado called Accredited Members Holding Corporation (ACCM). At the same time, they formed a new company called Hangover Joe's, Inc.; its purpose was to acquire the assets of the LLC and another entity named Hangover Joe's Joint Venture. In July 2012, a reverse triangular merger was effected. The ACCM shell became Hangover Joe's Holding Corporation, and Hangover Joe's, Inc. became a subsidiary of the holding company.
Matthew Veal
At first, Jaynes served as the new company's president, CEO, and chairman of the board. Two other original officers departed during 2013, and in December of that year, Jaynes resigned as CEO, and Matthew Veal was appointed CFO and CEO. Adamson, who enjoyed affiliate status thanks to the stock owned by his Daimiel Global Resources, had no position with HJOE at the outset, but in December 2013 was appointed to serve as chief sales and marketing officer.
Veal is a Floridian who describes himself as an "entrepreneurial accountant" with considerable experience raising money for startups and guiding them on their way to success or failure. "If I don't let anybody down, we will be fine," said Veal modestly. "I know I'm lucky to get to work on this opportunity and wish to thank Mike and Shawn for really setting things up and giving me the opportunity to help guide Hangover Joe's to the fore front of the functional lifestyle category of beverages."
Obviously for those that are stuck owning it, it doesn't trade so you can't sell it.
NOTIFICATION OF LATE FILING Name of the Issuer: BEVERLY HILLS GROUP, INC. Check One: Annual Report XX Quarterly Report Interim Report For Period Ended: March 31, 2015 Address of Principal Executive Office (Street and Number): Beverly Hills Group, Inc. c/o R. Brumbaugh, Esq. 8780 19th St. Suite 450 Alta Loma, CA 91701 State below in reasonable detail why the Annual/Quarterly Report, could not be filed within the prescribed time period. Late quarter events precluded the timely gathering, receiving, analyzing and preparation of the quarterly report due. Anticipated Filing Date: May 20, 2015 [Please be informed that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or Interim Report and 15 calendar days to post an Annual Report.] Person to contact in regard to this notification: Date: May 15, 2015 Signature: /s/ Gene O’Brien Name: Gene O’Brien Title: Secretary
Not true when the DD has the signature of the NEW MANAGEMENT.
The Milnesand field was discovered in 1956 and, to date, has produced approximately 12.6 million barrels of oil from an estimated 130 million barrels of oil in place, resulting in a recovery efficiency of only 10%. The field was developed on 40 acre spacing with minimal infill drilling in the past. In 2012, a horizontal and vertical infill drill program was implemented to increase recovery. Three horizontal wells, the Milnesand Unit #522H, Milnesand Unit #141H and Milnesand Unit #123H were drilled and placed on production. These wells were the first wells drilled in Milnesand since the 1990’s and began producing in August, 2012. The horizontal wells were re-entry into existing wellbores and were acidized but not fracture stimulated. The 2,300 foot lateral length wells’ initial potential (IP) was approximately 89 barrels of oil per day (BOPD) each for the MSU 522H and MSU 141H with a 30-day IP of 39 BOPD and 58 BOPD respectively.
The Company has initiated the first ever lateral drilling program at the Milnesand San Andres oil field, located in Roosevelt County, New Mexico. The initial program of 3 horizontal wells is expected to take approximately 30 to 45 days to complete and will be followed by extensive testing and potentially, fracture stimulation.
The new horizontal drilling program added 464 MBO (372 MBO net to EORI) proved undeveloped reserves.
37 MILLION BARRELS OF OIL
Enhanced Oil Resources Inc. owns and operates two large historic oil fields in New Mexico, the Milnesand & Chavaroo oil fields. Recorded Production of these two fields is in excess of 37 million barrels, representing approximately 10% of the oil in place. The Company plans to unlock the value in these resource-rich fields by increasing the efficiency of its operations, and by applying new and proven unconventional production technologies.
The Company completed a Milnesand field CO2 implementation study analyzing the cost of the CO2 source pipeline, processing facilities, wellbore utilization, and pattern alignment. The study also included modeling the waterflood and CO2 injection in CO2 Prophet, an industry simulation software program developed by the Department of Energy. The study concluded that poor horizontal and vertical sweep in certain areas of the field would have to be addressed before implementation of a field-wide CO2 flood. Further study into the geology of the field found that in analogous fields, horizontal drilling with fracture stimulation resulted in higher recoveries and that horizontal wells provided better sweep efficiency in secondary and tertiary recovery.
Professional RESERVE REPORT
The Company has reported undeveloped reserves for the year ended December 31, 2014, within the meaning of that term under NI 51-101, either proved, probable and possible reserves. These undeveloped reserves relate to the continuing evaluation of the property interests at the Milnesand and Chaveroo Fields. The proved undeveloped reserves represented in the table above are the reserves attributable to drilling 20 infill horizontal wells in Milnesand Field and 18 infill horizontal wells in Chaveroo Field. Gross reserves for the Milnesand program were estimated at 3,200 MBO with an average of 160 MBO per horizontal well. The Chaveroo Field program estimates 2,700 MBO with an average of 150 MBO per horizontal well. The reserves are based on a type curve developed from the production data of the Milnesand wells #141H and #522H and from analogous San Andres fields with infill horizontals. The type curve assumes fracture stimulating a lateral length of 4,600 feet, an initial rate of 190 BOPD and a life of approximately 22 years. As part of the ongoing evaluation of Milnesand and Chaveroo Fields, the Company contracted Nutech Inc. to normalize and reprocess over two hundred well logs. The well logs were tied to existing core data and original oil in place (OOIP) was calculated using the new data. In Milnesand Field, the 3,200 MBO represents a recovery factor of 2.5% of the approximately 70 MMBOOIP. Chaveroo’s estimated 2,700 MBO represents a recovery factor of 1% of the 248 MMBOOIP.
PROVEN RESERVES OF $54.2 MILLION.
Yes, the horizontal drilling program added and increased the company PROVED PRODUCING RESERVES
$54.2 MILLION Pv-10
CASH OF $9.6 MILLION
CASH IS CASH! $9.6 MILLION IN CASH
BEWARE OF THE PROVEN RESERVES AND MILLION IN CASH.
$54.2 MILLION IN RESERVES
$9.6 MILLION IN CASH
The Milnesand field was discovered in 1956 and, to date, has produced approximately 12.6 million barrels of oil from an estimated 130 million barrels of oil in place, resulting in a recovery efficiency of only 10%. The field was developed on 40 acre spacing with minimal infill drilling in the past. In 2012, a horizontal and vertical infill drill program was implemented to increase recovery. Three horizontal wells, the Milnesand Unit #522H, Milnesand Unit #141H and Milnesand Unit #123H were drilled and placed on production. These wells were the first wells drilled in Milnesand since the 1990’s and began producing in August, 2012. The horizontal wells were re-entry into existing wellbores and were acidized but not fracture stimulated. The 2,300 foot lateral length wells’ initial potential (IP) was approximately 89 barrels of oil per day (BOPD) each for the MSU 522H and MSU 141H with a 30-day IP of 39 BOPD and 58 BOPD respectively.
The new horizontal drilling program added 464 MBO (372 MBO net to EORI) proved undeveloped reserves.
INCREASING RESERVES. $54.2 MILLION
DRILLING PROGRAM ADDING 464 MBO.
Because it's $9.6 MILLION IN CASH
$54.2 MILLION IN RESERVES!
$9.6 MILLION IN CASH
$58 MILLION IN ASSETS
$$$$$$$$$$$
PROVEN RESERVES OF $54.2 MILLION.
That RIGHT. CASH OF $9.6 million
Asset of $58 MILLION
Cash of $9.6 MILLION.
READ THE AUDITED FINANCIALS.
Professional RESERVE REPORT
The Company has reported undeveloped reserves for the year ended December 31, 2014, within the meaning of that term under NI 51-101, either proved, probable and possible reserves. These undeveloped reserves relate to the continuing evaluation of the property interests at the Milnesand and Chaveroo Fields. The proved undeveloped reserves represented in the table above are the reserves attributable to drilling 20 infill horizontal wells in Milnesand Field and 18 infill horizontal wells in Chaveroo Field. Gross reserves for the Milnesand program were estimated at 3,200 MBO with an average of 160 MBO per horizontal well. The Chaveroo Field program estimates 2,700 MBO with an average of 150 MBO per horizontal well. The reserves are based on a type curve developed from the production data of the Milnesand wells #141H and #522H and from analogous San Andres fields with infill horizontals. The type curve assumes fracture stimulating a lateral length of 4,600 feet, an initial rate of 190 BOPD and a life of approximately 22 years. As part of the ongoing evaluation of Milnesand and Chaveroo Fields, the Company contracted Nutech Inc. to normalize and reprocess over two hundred well logs. The well logs were tied to existing core data and original oil in place (OOIP) was calculated using the new data. In Milnesand Field, the 3,200 MBO represents a recovery factor of 2.5% of the approximately 70 MMBOOIP. Chaveroo’s estimated 2,700 MBO represents a recovery factor of 1% of the 248 MMBOOIP.
Current AUDITED financials
$9.6 MILLION in CASH and
ASSETS of $58 MILLION
I will continue to post the facts.
The lies are about drilling, cash, etc.
Each has and WILL BE DISPUTED!
My posts clearly point the lies being posted here. No sure the company has posted here.
Hummm..... Yet someone is doing DD, and some are debating facts posted here. Some even contacting legal.
The Company completed a Milnesand field CO2 implementation study analyzing the cost of the CO2 source pipeline, processing facilities, wellbore utilization, and pattern alignment. The study also included modeling the waterflood and CO2 injection in CO2 Prophet, an industry simulation software program developed by the Department of Energy. The study concluded that poor horizontal and vertical sweep in certain areas of the field would have to be addressed before implementation of a field-wide CO2 flood. Further study into the geology of the field found that in analogous fields, horizontal drilling with fracture stimulation resulted in higher recoveries and that horizontal wells provided better sweep efficiency in secondary and tertiary recovery.
Not working with anyone. I'm questioning all the discrepancies reported here and on the reported finAncials by old and CURRENT MANAGEMENT.
Part of REAL DD.
Disputing even more lies. $9.6 MILLION CASH
$9.6 MILLION IN CASH
$54.2 MILLION IN RESERVES
$58 MILLION IN ASSETS
15,0000 ACRES IN THE PERMIAN BASIN
Disputing more lies.
The Company has initiated the first ever lateral drilling program at the Milnesand San Andres oil field, located in Roosevelt County, New Mexico. The initial program of 3 horizontal wells is expected to take approximately 30 to 45 days to complete and will be followed by extensive testing and potentially, fracture stimulation.
The new horizontal drilling program added 464 MBO (372 MBO net to EORI) proved undeveloped reserves.
37 MILLION BARRELS OF OIL
Enhanced Oil Resources Inc. owns and operates two large historic oil fields in New Mexico, the Milnesand & Chavaroo oil fields. Recorded Production of these two fields is in excess of 37 million barrels, representing approximately 10% of the oil in place. The Company plans to unlock the value in these resource-rich fields by increasing the efficiency of its operations, and by applying new and proven unconventional production technologies.
More lies. They own more than just the Milnesand. More attempts to deceive.
Skibum, can you add this to your legal inquiry? Seems there are 2 Classes of preferred stock in addition to an increase in authorized number of shares.
Jul 11, 2014
OTC Disclosure & News Service
Beverly Hills, CA -
BEVERLY HILLS, CA – The Motion Picture Hall of Fame, Inc. (“Company”) (OTC:MHFM - MHFMD) is pleased to announce its name change to BEVERLY HILLS GROUP, INC.
The symbol for BEVERLY HILLS GROUP, INC. will remain the old symbol for a period of 20 days in accordance with FINRA rules and regulations. Following that period, the new symbol for BEVERLY HILLS GROUP, INC. will become BHGI.
In anticipation of furthering a new long term corporate strategy, BEVERLY HILLS GROUP, INC. has now completed its reorganization evolving into a Diversified Holding Company, following a new path of growth through acquisition to increase shareholder value.
In addition to the name change, and in furtherance of the strategic goals of the company, a stock split of 1:30, an increase in the authorized number of shares and the creation of two preferred classes of stock were also approved.
The following are the Directors and Officers of BEVERLY HILLS GROUP, INC.:
Jacob Thomas has been appointed Chairman and a Director;
Robert Alexander will remain on as a Director, President and Chief Executive Officer;
Paul Shively has been appointed as a Director, Chief Financial Officer, Secretary and Treasurer;
More additions of officers and directors are anticipated shortly.
BEVERLY HILLS GROUPS, INC. is excitedly looking towards the future and is diligently working on acquiring multiple, established companies to create multiple subsidiaries under the newly organized BHGI company.
Upon completion of these acquisitions we will provide forward-looking guidance as to our projected earnings and as to our strategy to grow through additional acquisitions to support and expand the businesses being acquired.
CONTACTS
Paul Shively
Secretary
(310) 984-1691
http://beverlyhillsgroupinc.com
Current AUDITED financials state $9.6 MILLION in CASH and ASSETS of $58 MILLION
The Company has reported undeveloped reserves for the year ended December 31, 2014, within the meaning of that term under NI 51-101, either proved, probable and possible reserves. These undeveloped reserves relate to the continuing evaluation of the property interests at the Milnesand and Chaveroo Fields. The proved undeveloped reserves represented in the table above are the reserves attributable to drilling 20 infill horizontal wells in Milnesand Field and 18 infill horizontal wells in Chaveroo Field. Gross reserves for the Milnesand program were estimated at 3,200 MBO with an average of 160 MBO per horizontal well. The Chaveroo Field program estimates 2,700 MBO with an average of 150 MBO per horizontal well. The reserves are based on a type curve developed from the production data of the Milnesand wells #141H and #522H and from analogous San Andres fields with infill horizontals. The type curve assumes fracture stimulating a lateral length of 4,600 feet, an initial rate of 190 BOPD and a life of approximately 22 years. As part of the ongoing evaluation of Milnesand and Chaveroo Fields, the Company contracted Nutech Inc. to normalize and reprocess over two hundred well logs. The well logs were tied to existing core data and original oil in place (OOIP) was calculated using the new data. In Milnesand Field, the 3,200 MBO represents a recovery factor of 2.5% of the approximately 70 MMBOOIP. Chaveroo’s estimated 2,700 MBO represents a recovery factor of 1% of the 248 MMBOOIP.
The Company has initiated the first ever lateral drilling program at the Milnesand San Andres oil field, located in Roosevelt County, New Mexico. The initial program of 3 horizontal wells is expected to take approximately 30 to 45 days to complete and will be followed by extensive testing and potentially, fracture stimulation.
The new horizontal drilling program added 464 MBO (372 MBO net to EORI) proved undeveloped reserves.
37 MILLION BARRELS OF OIL
Enhanced Oil Resources Inc. owns and operates two large historic oil fields in New Mexico, the Milnesand & Chavaroo oil fields. Recorded Production of these two fields is in excess of 37 million barrels, representing approximately 10% of the oil in place. The Company plans to unlock the value in these resource-rich fields by increasing the efficiency of its operations, and by applying new and proven unconventional production technologies.
The Milnesand field was discovered in 1956 and, to date, has produced approximately 12.6 million barrels of oil from an estimated 130 million barrels of oil in place, resulting in a recovery efficiency of only 10%. The field was developed on 40 acre spacing with minimal infill drilling in the past. In 2012, a horizontal and vertical infill drill program was implemented to increase recovery. Three horizontal wells, the Milnesand Unit #522H, Milnesand Unit #141H and Milnesand Unit #123H were drilled and placed on production. These wells were the first wells drilled in Milnesand since the 1990’s and began producing in August, 2012. The horizontal wells were re-entry into existing wellbores and were acidized but not fracture stimulated. The 2,300 foot lateral length wells’ initial potential (IP) was approximately 89 barrels of oil per day (BOPD) each for the MSU 522H and MSU 141H with a 30-day IP of 39 BOPD and 58 BOPD respectively.
$9.6 MILLION IN CASH
$54.2 MILLION IN RESERVES
$58 MILLION IN ASSETS
15,0000 ACRES IN THE PERMIAN BASIN
Effective March 1, 2010, a subsidiary of the Company executed a five year CO2 purchase agreement with Kinder Morgan CO2 Company, L.P. (Kinder Morgan) for use by the Company in its tertiary oil recovery projects in the Permian Basin. The contract, as amended, calls for a take or pay purchase commitment of 27.4 Bcf of CO2 over a five year period commencing no later than, as amended, September 1, 2018. The Company had planned the development of a pipeline to take delivery by the due date from a take point on the Kinder Morgan Cortez CO2 pipeline (the “Cortez Pipeline”), which would have connected approximately 38 miles from the Milnesand field. Effective January 31, 2012, the parties executed a second amendment to the agreement which extended certain dates and eliminated the termination fee that allows a cancellation of the contract prior to the contracts contemplated date for commitment of the take or pay obligation. A third amendment effective February 28, 2014, extended the date of delivery; the Company will not be obligated to take or pay for deliveries of CO2 prior to December 31, 2016, prior to which time the Agreement may be terminated without any obligation or payment of a termination penalty. After December 31, 2016, the Company will be required to complete a pipeline connection to the Cortez Pipeline by January 1, 2018 and commence taking delivery or payment for CO2 on January 1, 2018. See Notes to Consolidated Financial Statements for the year ended December 31, 2014.