Adding shares!

Hummm....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’s net proved reserves at December 31, 2014 and 2013, respectively, were 4.8 million and 3.6 million barrels of equivalents with a net present value of $54.2 million and $68.5 million using a 10% discount rate for 2014 and 2013.


PV-10 $54.2 MILLION

The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.

The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.

Crude Oil and Natural Gas Business Segment. The Company has one reportable business segment, crude oil and natural gas production and development, with all activities located in the United States of America. As such, we produce oil and gas from three Permian Basin crude oilfields located in eastern New Mexico. The New Mexico fields were purchased in 2007 (“Chaveroo Field” and “Milnesand Unit”) and 2008 (“Crossroads Unit”) because they represented candidates for enhanced oil recovery through CO2 injection based on estimates of substantial remaining original-oil-in-place (“OOIP”). The OOIP utilized by the Company’s independent reserves auditors for these fields represents approximately 318 million barrels, of which some estimates project as much as 20% of OOIP could still be recoverable through enhanced recovery methods by CO2 injection. The Company’s net proved reserves at December 31, 2014 and 2013, respectively, were 4.8 million and 3.6 million barrels of equivalents with a net present value of $54.2 million and $68.5 million using a 10% discount rate for 2014 and 2013.

Those damn pesky convertible notes.....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.


In May 2014, the Company received a conversion notice requesting the issuance of 4,781,200 shares upon conversion of $11,953 of the note’s outstanding balance.

Now we know why the issued is already 57,999,939 share as of January 12,2015 and the float will be much higher than 5,254,596.

Management 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.

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, through its wholly owned subsidiary EOR Operating Company, owns and operates a 100% interest in the 4,880 acre Milnesand San Andres Unit and a 100% interest in the adjacent 1,800 acre Horton Federal lease. The Company has an average net revenue interest of approximately 80%.

The Milnesand San Andres field was discovered in 1959 and to date has produced roughly 12 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,700 feet. Subsequent to purchase, the Company has upgraded surface facilities, reactivated several wells, converted several wells to water injectors and completed a pilot CO2 flood over a limited area in the north portion of the field Current production at Milnesand is approximately 60 bopd. There is a potential to increase recovery efficiencies in the Milnesand field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery project.

The New Mexico fields were purchased in 2007 (“Chaveroo Field” and “Milnesand Unit”) and 2008 (“Crossroads Unit”) because they represented candidates for enhanced oil recovery through CO2 injection based on estimates of substantial remaining original-oil-in-place (“OOIP”). The OOIP utilized by the Company’s independent reserves auditors for these fields represents approximately 318 million barrels, of which some estimates project as much as 20% of OOIP could still be recoverable through enhanced recovery methods by CO2 injection.

Just some highlighted FACTS

REVENUES AVERAGED MORE THAN $10 MILLION A YEAR FOR THE LAST 4 years!

$9.6 MILLION IN CASH

Sold off 800 acres for more than $10 million.

15,000 acres in the Permian Basin

PV-10, $56.2 Million

Recorded assets $58 MILLION

The new horizontal drilling program added 464 MBO (372 MBO net to EORI) proved undeveloped reserves

$54.2 MILLION PV-10
$9.6 MILLION IN CASH ON HAND
15,000 acres in the Permian Basin
$5.5 million in capital raise
Last 4 years average more than $10 million in revenues!

Now who believes the floats is ONLY 5.2 million shares? ROFLMAO

In reality, I just copy and pasted the 2 different paragraphs from the June 30, 2014 and Sept 30, 2014 financials. It does show the company's intent to increase the share count from 300,000,000 to 500,000,000.

"The Company declared a 50-for-1 reverse stock split of its common stock that became effective on July 8, 2014, 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,, $.001 par value All references in the accompanying financial statements as to the Company’s equity structure and to the number of shares outstanding and per-share amounts have been restated to reflect in the indicated amendment to the articles of incorporated and to the 1:30 reverse stock split." From the June 30, 2014 financials

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. From Sept 30, 2014 financials
I guess that makes them FACTS!

Share count is headed much higher and so is the float.
CONVERTIBLE NOTES .OO25 per share
Get ready to add another 140,000,000 shares
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. The balance of the note at September 30, 2014 amounted to $348,000.

Outstanding Shares 57,999,939 a/o Jan 12, 2015

There is no way in hell this shell is worth 9.00 a share! Or even $2.00.

Interesting.... So that would make the latest financials WRONG?

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.

I see the 25,000,000 preferred shares are issued.

Crude Oil and Natural Gas Business Segment. The Company has one reportable business segment, crude oil and natural gas production and development, with all activities located in the United States of America. As such, we produce oil and gas from three Permian Basin crude oilfields located in eastern New Mexico. The New Mexico fields were purchased in 2007 (“Chaveroo Field” and “Milnesand Unit”) and 2008 (“Crossroads Unit”) because they represented candidates for enhanced oil recovery through CO2 injection based on estimates of substantial remaining original-oil-in-place (“OOIP”). The OOIP utilized by the Company’s independent reserves auditors for these fields represents approximately 318 million barrels, of which some estimates project as much as 20% of OOIP could still be recoverable through enhanced recovery methods by CO2 injection. The Company’s net proved reserves at December 31, 2014 and 2013, respectively, were 4.8 million and 3.6 million barrels of equivalents with a net present value of $54.2 million and $68.5 million using a 10% discount rate for 2014 and 2013.

Directly from the RESTATED FINANCIALS
Beverly Hills Group, Inc.
(fka Motion Picture Hall of Fame, Inc.) Notes to Financial Statements

(RESTATED) June 30, 2014

Beverly Hills Group, Inc.
(fka Motion Picture Hall of Fame, Inc.) Notes to Financial Statements (RESTATED) June 30, 2014
(Unaudited)
1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION
Beverly Hills Group, Inc. ("the Company") was incorporated in the State of Nevada on March 2, 2000 as The Motion Picture Hall of Fame, Inc. On June 5, 2014 the name was changed to Beverly Hills Group, Inc. The Company's activities have been mostly organizational, directed at acquiring principal assets, raising initial capital and developing its business plan. The Company's intended business is to create, develop and manage a themed attraction dedicated to be history and art of making motion pictures, and to create, build and maintain a Motion Picture Hall of Fame (web site www.filmfame.com) and to produce and market an annual Television Induction Special.
The Company declared a 50-for-1 reverse stock split of its common stock that became effective on July 8, 2014, 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,, $.001 par value All references in the accompanying financial statements as to the Company’s equity structure and to the number of shares outstanding and per-share amounts have been restated to reflect in the indicated amendment to the articles of incorporated and to the 1:30 reverse stock split. references in the accompanying financial statements as to the Company’s equity structure and to the number of shares outstanding and per-share amounts have been restated to reflect in the indicated amendment to the articles of incorporated and to the 1:30 reverse stock split.

At year-end 2013, the development program was updated to drill only additional horizontal wells as opposed the year-end 2012 program of a mix of horizontal and vertical wells. The new horizontal drilling program added 464 MBO (372 MBO net to EORI) proved undeveloped reserves to the 2012 proved undeveloped reserve estimate of 2,754 MBO (2196 MBO net to EORI) attributed to the initial horizontal and vertical wells program. Proved undeveloped reserves of 2,582 MBO (2,039 MBO net to EORI) were attributed to the mix of horizontal and vertical wells program in years 2010 and 2011.

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.

Boomer, you are wrong

They do have $9.6 MILLION in CASH and RESERVES of $54.1 MILLION.
Yes, revenues have averaged more than $10 million a year for the last 4 years. They only sold off a small portion of the leases, 800 acres of the 15,000 acres. Yes, proceeds of $10,000,000 for 800 acres!!!

The $54.1 million is exclusive of the Crossroads.

Recorded assets in excess of $58 MILLION.

All current AUDITED INFO!

Like I said, REVENUES AVERAGED MORE THAN $10 MILLION A YEAR FOR THE LAST 4 years!

$9.6 MILLION IN CASH

Sold off 800 acres for more than $10 million.

15,000 acres in the Permian Basin

PV-10, $56.1 Million

Recorded assets $58 MILLION

Great time to add shares!
$54.1 MILLION PV-10
$9.6 MILLION IN CASH
15,000 acres in PERMIAN BASIN

Effective October 17, 2003, the Company executed a 10 to 1 reverse stock split for all outstanding common stock with par value of $0.0001.

Effective July 1, 2013 the Company increased its authorized capital to 150,000,000 common shares with $0.0001 par value.

Effective June 5, 2014 the Company increased its authorized capital to 300,000,000 common shares with $0.001 par value.

Effective July 8, 2014 the Company split its issued common shares 1 for 30 leaving the authorized capital unchanged. All common stock amounts have been retroactively restated to reflect this split as well as the weighted average and per share amounts.

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,,

Evolution Petroleum Declares Cash Dividend on 8.5% Series A Preferred Stock

Source: PR Newswire (US)
HOUSTON, May 4, 2015 /PRNewswire/ -- Evolution Petroleum Corporation (NYSE MKT: EPM) today declared a monthly cash dividend on its perpetual non-convertible 8.5% Series A Cumulative Preferred Stock. The dividend is for the month of May 2015 and is payable on June 1, 2015 to holders of record at the close of business on May 15, 2015. The payment will be 1/12th of the 8.5% annualized amount, or approximately $0.177083 per share, based on the $25.00 per share liquidation preference.

Expected Tax Treatment

Based on our current projections for the fiscal year ending June 30, 2015, we expect preferred stock dividends will be treated as qualified dividend income. To the extent such dividends are treated as return of capital, they will not be reported as taxable income to the recipients, but will instead generally be treated as a reduction in the shareholder's basis in the stock. We will make a final determination regarding the tax treatment of dividends for the current fiscal year when the tax reporting process is complete.

The Series A Preferred Stock is listed on the NYSE MKT under the ticker symbol "EPM.PRA."

Hummm..... .75 a share

August 22, 2014. The Company valued the intangible assets at the $37,500, based upon the trading price of the 50,000 shares on the closing date of $0.75 per share. As the intangible assets have no defined life, the intangible assets acquired are not subject to amortization.

Adding another 50,000,000 shares

Management 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.

CONVERTIBLE NOTES .OO25 per share

Get ready to add another 140,000,000 shares

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. The balance of the note at September 30, 2014 amounted to $348,000

The Company declared a 50-for-1 reverse stock split of its common stock that became effective on July 8, 2014, 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,, $.001 par value All references in the accompanying financial statements as to the Company’s equity structure and to the number of shares outstanding and per-share amounts have been restated to reflect in the indicated amendment to the articles of incorporated and to the 1:30 reverse stock split.

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.

That's right, $9.6 million in cash!

Oh Yeah, they sold 800 acres for $10 MILLION last year!

Yup it's a FACT!

Last 4 years average more than $10 million in revenues!

Well over $40 million in revenues!

Hummmm....THE FACTS!
$54.1 MILLION PV-10
$9.6 MILLION IN CASH ON HAND
15,000 acres in the Permian Basin
$5.5 million in capital raise
Last 4 years average more than $10 million in revenues!

The New Mexico fields were purchased in 2007 (“Chaveroo Field” and “Milnesand Unit”) and 2008 (“Crossroads Unit”) because they represented candidates for enhanced oil recovery through CO2 injection based on estimates of substantial remaining original-oil-in-place (“OOIP”). The OOIP utilized by the Company’s independent reserves auditors for these fields represents approximately 318 million barrels, of which some estimates project as much as 20% of OOIP could still be recoverable through enhanced recovery methods by CO2 injection.

The Company, through its wholly owned subsidiary EOR Operating Company, owns and operates a 100% interest in the 4,880 acre Milnesand San Andres Unit and a 100% interest in the adjacent 1,800 acre Horton Federal lease. The Company has an average net revenue interest of approximately 80%.

The Milnesand San Andres field was discovered in 1959 and to date has produced roughly 12 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,700 feet. Subsequent to purchase, the Company has upgraded surface facilities, reactivated several wells, converted several wells to water injectors and completed a pilot CO2 flood over a limited area in the north portion of the field Current production at Milnesand is approximately 60 bopd. There is a potential to increase recovery efficiencies in the Milnesand field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery project.

The Company, through its wholly owned subsidiary Ridgeway Arizona Oil Corp., owns and operates an approximate 100% interest in various units and leases within the 25,000 acre Chaveroo field. The Company has an average net revenue interest of approximately 75.5%.

The Chaveroo San Andres field was discovered in 1960 and to date has produced over 25 million barrels of crude oil. The field produces from fractured, low porosity dolomites at a depth of approximately 4,500 feet. Since purchasing interest in the field, the Company has upgraded surface facilities, reactivated several additional wells and plugged and abandoned numerous wells. Current production at Chaveroo is approximately 30 bopd. As with the Milnesand field, there is a potential to increase recovery efficiencies in the Chaveroo field through the drilling of horizontal infill wells. These horizontal wells could also be utilized for future enhanced oil recovery projects.

CASH ON HAND in EXCESS OF $9.6 MILLION

15,000 acres in the Permian Basin

$54.1 MILLION PV-10
15,000 acres in the Permian Basin
$5.5 million in capital raise

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.

BIGGER and TRANSCANADA REPORTED FLAWED TESTING RESULTS

Bigger stated in SEC filing:

Upon review of the July 2014 test results and preliminary report by Dr. Tao, STWA and TransCanada mutually agreed that this initial test was flawed due to, among other factors, the short term nature of the test, the inability to isolate certain independent pipeline operating factors such as fluctuations in upstream pump station pressures, and limitations of the AOT device to produce a sufficient electric field to optimize viscosity reduction. Although Dr. Tao’s preliminary report indicated promising results, STWA and TransCanada mutually agreed that no conclusions could be reliably reached from the July 2014 test or from Dr. Tao’s preliminary report.