I don't give people hell, I just tell them the truth and they think it's hell. H. Truman
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Lol, the SHAREPRICE tells all. The SP doesn't drop from $1.14 to .20 when people are buying up shares. Everyone has sold this to .20.
6000 shares a day, WOW.
No cash, no assets, no revenues. No audit!
Just PRs with lies!
That would be a bad idea. What is 2/5? A court date where they confirm the TRO. SO WHAT!
If they uphold it the guy can't sell additional shares
If they cancel it, selling begins again.
To me, the risk is all downside. There is no positive news coming.
No audit, because they don't own anything!
That's the extend of DD? Need to read the financials and missed goals of the 6 month old News Releases. Talk about lies, 6 months ago they talked about acquisitions and audits. Then someone posted doctored photos showing some futuristic dreams.
It's a scam.
MILLIONS AND MILLIONS OF SHARES BEING CONVERTED AT .0025. This will be sub-penny soon, the collapse will begin May 5.
LMAO, BHGI has NO BUSINESS anywhere!
NO CASH, NO ASSETS, NO REVENUES and
NO AUDIT!
Who announces an audit in August and never executes?
A SCAM!!! BHGI IS A SCAM!!!
LMAO, we are @ .20. This will NEVER be $15.
The drop in share price from 1.14 to .20 is being blamed on a guy that oversold 43,000 shares. Gee, what would happen if any of the others begins selling?
We know CARO capital sold shares.....and stated they will continue to sell!
The NOTES PAYABLE is convertible at sub-penny .0025, another 140 million shares.
b]SO NOW WE LEARN ANOTHER $608,387 is CONVERTIBLE!
5. LOANS PAYABLE – Related Party
During the three months ended September 30, 2015, a related third party made advances and directly paid Company expenses. The Loan Payable is convertible, unsecured, interest bearing and due on demand.
They have not disclose the conversation rate.
RED FLAGS!!!! RED FLAGS!!!! RED FLAGS!!!! RED FLAGS!!!! RED FLAGS!!!!!!
4. NOTES PAYABLE
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and pay ableist on 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 m, into shares or common stock at a conversion price of $0.0025 per share.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April16, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On July 17, 2015, the Company received a conversion notice requesting the issuance of 7,000,000 shares upon conversion of $17,500.00 of the note’s outstanding balance, leaving a principle amount of $275,382.66. The Company issued out 7,000,000 shares on July 21, 2015.
We understand fictitious responses.
Hummm...
800,000 X .20. $160,000. Current price
800,000 X .0025 $2,000. Millions converted at this price
Interesting, arguing more than 18,888 can be sold in one month.
Just saying.
I just re read it and posted it again.....says "at a rate NOT TO EXCEED 18,888 per month" Anyone can conclude it is NOT cumulative!!!!
May 5, 2016, MILLIONS OF SHARES READY TO BE DUMPED ON THE MARKET, one can see why AA want to beat the flood of shares. 24 MILLION OF SHARES ISSUED AT .0025.
Can you say sub-penny, no audit, no revenues, no assets, just a scam.
HUMMM..... It says not to exceed 18,888 a month. Not sure where your number came from. One must be sire to not exceed that limit, otherwise they will be in the same shoes as AA.
The mass dump will begin May 5 when the restriction falls off MILLIONS OF SHARES!
Not sure what everyone is expecting.
Let's assume the TRO becomes perminate. So what happens? Nothing changes.
If the TRO is lifted, he continues selling shares.
Remember, May 5, the lock up agreement on MILLIONS OF SHARES EXPIRES.
This is a joke. The stock is off more than 80% highs of $1.14 just 6 months ago. Shorts would have hit a homerun.
MILLIONS OF SHARE BEING ISSUED AT .0025.
AUDIT IS 6 months late! According to the President, no money!
The President of the company stated;
....BHGI is unable to attract new investors and to closing contracts...
....limiting the company's ability to attract shareholders and investors and preventing the company from completing the closing of contracts necessary to move the company forward.
LMAO, more than 24 million shares.
NO CASH,MNO ASSETS, SO REVENUES, NO AUDIT!
JUST THE FACTS, NOT HYPED UP NEWS RELEASES!
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and pay ableist on 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 m, into shares or common stock at a conversion price of $0.0025 per share.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April16, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On July 17, 2015, the Company received a conversion notice requesting the issuance of 7,000,000 shares upon conversion of $17,500.00 of the note’s outstanding balance, leaving a principle amount of $275,382.66. The Company issued out 7,000,000 shares on July 21, 2015.
Looks like the reckoning date is May 5,2016.
A flood of shares will hit the market
I'm sure there are more insiders lining up to dumb these shares, yup MILLIONS!
Wow, how sad and bad off is BHGI?
The President of the company stated;
....BHGI is unable to attract new investors and to closing contracts...
....limiting the company's ability to attract shareholders and investors and preventing the company from completing the closing of contracts necessary to move the company forward.
NO AUDIT, NO CASH, NO DEALS !!!
Seriously, it's all disclosed in the financial statements.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April16, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On July 17, 2015, the Company received a conversion notice requesting the issuance of 7,000,000 shares upon conversion of $17,500.00 of the note’s outstanding balance, leaving a principle amount of $275,382.66. The Company issued out 7,000,000 shares on July 21, 2015.
Last few days have been RED!
Lots of red flags, millions of shares converted at .0025, no cash, no revenues, no assets.
Beware of those that bought the millions of shares converted at .0025.
Yeah, about those audits. The company said in August 2015, they were working on them.....6 months later and a rouge insider has reportedly jeopardized the company's well being.
The President of the company stated;
....BHGI is unable to attract new investors and to closing contracts...
....limiting the company's ability to attract shareholders and investors and preventing the company from completing the closing of contracts necessary to move the company forward.
So the future of the company is based on this hearing on 2/5. ROFLMAO.
WHAT HAPPENED TO THE AUDIT?
The President of the company stated;
....BHGI is unable to attract new investors and to closing contracts...
....limiting the company's ability to attract shareholders and investors and preventing the company from completing the closing of contracts necessary to move the company forward.
Since the beginning of 2015, 24,000,000 shares converted at .0025
So why .20, if this guy can't sell?
Could it be because they have NO CASH, NO ASSETS, and NO REVENUES!!!
In August 2002, the Company received a loan from an unrelated individual amounting to $180,000. Interest on this loan is $1,050 per month and payable monthly. The loan was due and payable on 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 m, into shares or common stock at a conversion price of $0.0025 per share.
On November 15, 2014, the Company received a conversion notice requesting the issuance of 5,081,734 shares upon conversion of $12,704.34 of the note’s outstanding balance, leaving a principle amount of $323,145.66. The Company issued out 5,081,734 shares on January 6, 2015.
On April 6 2015, the Company received a conversion notice requesting the issuance of 5,790,000 shares upon conversion of $14,475.00 of the note’s outstanding balance, leaving a principle amount of $308,670.66. The Company issued out 5,790,000 shares on April16, 2015.
On June 19, 2015, the Company received a conversion notice requesting the issuance of 6,315,200 shares upon conversion of $15,788.00 of the note’s outstanding balance, leaving a principle amount of $292,882.66. The Company issued out 6,315,200 shares on June 19, 2015.
On July 17, 2015, the Company received a conversion notice requesting the issuance of 7,000,000 shares upon conversion of $17,500.00 of the note’s outstanding balance, leaving a principle amount of $275,382.66. The Company issued out 7,000,000 shares on July 21, 2015.
MILLIONS OF SHARES BEING PRINTED, TOXIC Convertible Notes Payable being converted at .0025.
Since the beginning of the year 24,000,000 shares converted at .0025
Note holders converted $50,000-60,000 of debt into shares valued over $10,000,000
Shareholders being fleeced!
Buyer beware!
$292,000 of CONVERTABLE debt will add another 140,000,000 shares.
CROSS-COMPLAINT FOR SECURITIES VIOLATIONS FILED AGAINST BEVERLY HILLS GROUP, INC.
/EINPresswire.com/ -- SAN DIEGO, CA--(Marketwired - January 08, 2016) - On December 30, 2015, shareholders Ahmad Arfaania and N.A. Fam, LLC filed a Cross-Complaint in the Superior Court of the State of California against Beverly Hills Group, Inc. for rescission of the investment of $225,000, interest thereon, punitive damages and attorney's fees.
The Cross-Complaint alleges:
1) Violations of Sections 5(a) and 4(a)(1) of the Securities Act of 1933 relating to the unregistered offer and sale of securities;
2) Violations of California Corporations Code Section 25501.5 and 25403 for the use of an unlicensed Broker-Dealer, Jeffrey Thomas; and
3) Breach of Contract.
The Cross-Complaint also personally names as cross-defendants, several officers, directors and other control persons, including the in-house counsel of Beverly Hills Group, Inc., Gene O'Brien, in connection with the securities violations.
Such violations occurred in connection with the offer and sale of stock to shareholders Ahmad Arfaania and N.A. Fam, LLC in the past 18 months. Mr. Arfaania stated, "Mr. Thomas, James Poe, Paula Poe and other controlling representatives of Beverly Hills Group, Inc. used high pressure tactics to extract $225,000 of funds, from myself as well as from members of N.A. FAM LLC, without complying with the federal and California securities laws. I gave them the opportunity to settle this matter amicably, but their disregard for the law resulted in the filing of the Cross-Complaint."
Weintraub Law Group PC
Toll-Free: 877-566-7010
Tel: 858-566-7010
Fax: 858-566-7015
CORRECT, nada, zero, zilch.
LMAO, 6 months ago they hyped a deal and audits.
THEY HAVE FAILED TO EXECUTE ON ANY OF THOSE PLANS!
They have issued MILLIONS OF SHARES and have ZERO RESULTS!
RED FLAGS!!!
2) Violations of California Corporations Code Section 25501.5 and 25403 for the use of an unlicensed Broker-Dealer, Jeffrey Thomas;
Not a lot a chat as SP tumbles again.
NO AUDIT, NO FUNDS TO CLOSE PROJECTS
"that shareholder single handily destroyed $BHGI"
Sure looks that way, even the President agrees.
The President of the company stated;
....BHGI is unable to attract new investors and to closing contracts...
....limiting the company's ability to attract shareholders and investors and preventing the company from completing the closing of contracts necessary to move the company forward.