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Qpagos has good concept but imo On Commercio is a better choice in the mexico territory
http://www.oncomercio.com/
Beverly Hills Group Inc. (OTCPK: BHGI), Announces the advancement of $1.4 million to Grupo Richard.
cosmetics company? here is what BHGI is!
Beverly Hills Group Inc. is a holding company which is focused on economic growth in Mexico and will provide investors a unique exposure to this growth. Mexico is a major beneficiary of unexpected economic expansion in the U.S. and is benefiting from reforms made by the government of President Enrique Peña Nieto. Since his election in 2012, President Nietoâ??s administration has concentrated on economic liberalization and reform. The most dramatic reform, among several, was the opening of the energy sector in Mexico to foreign investments.
Very Promising Times for investors...
BHGI uplisting to OTCQX?
OTCQX qualification
https://www.otcmarkets.com/services/companies/otcqx-us/qualifications
What is the OTCQX Market?
The OTCQX market is considered to be the top tier of the OTC market with the OTCQX US Premier Tier being its top band. Many companies join the OTCQX market as the final step towards a listing on the NASDAQ or NYSE.
OTC tier must meet certain financial standards as well as undergo a qualitative review. In addition, companies trading on the OTCQX must be registered with and reporting to the Securities and Exchange Commission (SEC) or with an appropriate banking or insurance regulator.
Specific rules for the OTCQX market include the following:
Ongoing operations. In other words, no shell companies, blank check companies or special purpose acquisition companies. Moreover, the company must be duly organized, in good standing under the laws of any jurisdiction in which the company is organized in and not subject to any bankruptcy or reorganization proceedings.
A minimum bid price of $0.10 for preceding 90 business days.
At least 50 shareholders who each own at least 100 shares of common stock.
Ongoing quarterly and audited annual financial reports that must be posted on OTCQX.com or EDGAR.
Inclusion in the Standard & Poor's Corporation Records or Mergent Manuals to satisfy the Blue Sky requirements.
Finally, there is a $5,000 application fee as well as a $15,000 annual fee for companies to join the OTCQX market.
OTCQX qualification
https://www.otcmarkets.com/services/companies/otcqx-us/qualifications
What is the OTCQX Market?
The OTCQX market is considered to be the top tier of the OTC market with the OTCQX US Premier Tier being its top band. Many companies join the OTCQX market as the final step towards a listing on the NASDAQ or NYSE.
OTC tier must meet certain financial standards as well as undergo a qualitative review. In addition, companies trading on the OTCQX must be registered with and reporting to the Securities and Exchange Commission (SEC) or with an appropriate banking or insurance regulator.
Specific rules for the OTCQX market include the following:
Ongoing operations. In other words, no shell companies, blank check companies or special purpose acquisition companies. Moreover, the company must be duly organized, in good standing under the laws of any jurisdiction in which the company is organized in and not subject to any bankruptcy or reorganization proceedings.
A minimum bid price of $0.10 for preceding 90 business days.
At least 50 shareholders who each own at least 100 shares of common stock.
Ongoing quarterly and audited annual financial reports that must be posted on OTCQX.com or EDGAR.
Inclusion in the Standard & Poor's Corporation Records or Mergent Manuals to satisfy the Blue Sky requirements.
Finally, there is a $5,000 application fee as well as a $15,000 annual fee for companies to join the OTCQX market.
its not a big deal. triple wreck=dilution
FYI Not the case here
VERT, VFIN and VNDM are known market maker diluters. They typically park on the ask with a blind XXX sell order all the while maxing out the A/S on behalf of pos diluting companies. Not the case here.
I repeat! Not the case here!
4% increase is a deal breaker? hahaha ye right...
I played this kinds of game many many times. seems like it is about to run very hard!
DCAC buying back shares?
close to 400 m VOL!!!
min .001 or above
62.9M!!!
51.4 million bought!!
something going on?
Outstanding Shares 1,232,615 a/o Oct 31, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 371,620 a/o Oct 31, 2016
MADECASHONHMGP said:
"Palm Deserts 50M shares becoming unrestricted over time will absolutely crush the share price"
really dude? really? its a 10 year restriction. 10 FREAKING YEAR RESTRICTION!
PDM can sell freely on the year 2026.
BHGI=money printing machine
BHGI went UP 42.08%
ON Comercio business could reach $42M in revenue by Year 2 after funding. Listed consumer finance operations in Mexico trade at an average of 2.9 times Price to Sales. Applying this metric to the estimates for Year 2 provides a valuation of $121M to the ON Comercio business. Management estimates that approximately $18M would have to be invested to achieve this level of sales, providing a value of approximately $103M from this business.
We believe that the longer-term valuation of ON Comercio could be much higher. As the business grows and becomes a more integral part of the Mexican convenience store industry, the value of ON Comercio could rise towards $1B.
Beverly Hills Group Inc. (BHGI) is pleased to announce the advancement of approximately $1.4 million dollars funded to date, from a third party to Grupo Richard-Operadora in preparation for the closing of the remaining acquisitions and assets. The acquisition agreement is funded by a combination of cash and fully restricted equity shares of BHGI.
seriously dude? The acquisition agreement is funded by a combination of cash and fully restricted equity shares of BHGI
The acquisition agreement is funded by a combination of cash and fully restricted equity shares of BHGI
remember this PR? financing $10 million dollar without proper business plan? NEVER!
Beverly Hills Group Signs Major Investment Banking Agreement for Financing of up to $10,000,000
PR Newswire
BEVERLY HILLS, Calif., Sept. 24, 2015
BEVERLY HILLS, Calif., Sept. 24, 2015 /PRNewswire/ -- Beverly Hills Group Inc. (OTCPK: BHGI) has signed an investment banking agreement with a leading prestigious New York-based investment banking firm to assist in raising capital. The investment banking firm was founded in 1925, is one of the oldest in the United States, a member of the New York Stock Exchange, and a full service broker-dealer. The firm manages two Morningstar rated funds with over $2.8 billion dollars of retail accounts, nearly 100 registered representatives and 20 investment advisors in six different offices. Pursuant to the terms of the agreement signed on September 17, 2015, they will act as the exclusive financial advisor to Beverly Hills Group Inc. as it relates to general corporate financing, financial advisory services and financing of up to $10,000,000.00.
BHGI Chief Operating Officer Juan Francisco De La Lama states, "We retained the services of this particular established and renowned financial advisory firm because of their investment banking team's extensive experience in Latin America and Mexico. We believe that they can acquire the necessary funding to fully initiate our programs and move forward in an expeditious manner to aggressively implement our construction, retail and banking interest in not only Mexico but throughout all of Latin America."
MADECASHONHMGP said:
BHGI doesn't own ON Comercio nor does it own anything else, the only revenue BHGI generates is for Palm Desert through discounted shares issued for accumulating operation debt. There won't be any added value for shareholders for at least 2-3 years if at all.
BEVERLY HILLS GROUP, INC. (“The Company”) (OTC:PK BHGI) is pleased to announce they are in the final stage of their third acquisition, “ON Comercio”.
ON Comercio is a niche banking company that installs Point of Sale (PoS) units in small convenience stores and kiosks. This provides them with banking/credit card services, domestic/international shipping services and inventory management/ordering services. In addition, these PoS units can be used to pay tax and utility bills. ON Comercio will earn a percentage of each transaction.
One critical aspect of the ON Comercio service is that it allows the stores to participate in a wide range of services. Most small convenience stores and kiosks in Mexico do not have bank accounts. By opening a bank account with ON Comercio the shop becomes more official in the eyes of the government, their service providers (i.e. utilities) and their suppliers. The stores will also be able to accept credit and debit cards, which are growing in popularity in Mexico.
The company plans to rollout ON Comercio services in three states initially: Baja California, Guanajuato and San Luis Potosí.
Management estimates that the ON Comercio business could reach $42M in revenue by Year 2 after funding. Listed consumer finance operations in Mexico trade at an average of 2.9 times Price to Sales. Applying this metric to the estimates for Year 2 provides a valuation of $121M to the ON Comercio business. Management estimates that approximately $18M would have to be invested to achieve this level of sales, providing a value of approximately $103M from this business.
We believe that the longer-term valuation of ON Comercio could be much higher. As the business grows and becomes a more integral part of the Mexican convenience store industry, the value of ON Comercio could rise towards $1B.
This is a very exciting time for BHGI shareholders as we enter the closing phase of this important acquisition.
Jacob Thomas
Chairman of the Board
Beverly Hills Group Inc
MADECASHONHMGP said:
"You are right BHGI is worth nothing - they use carrots and fluff in their pr's and have yet to execute anything other than acquiring a cosmetics company for $37500 and not doing anything with it for 2 years"
The company will receive real estate which has been appraised by “Jaramillo y Asociados”, to have a value of approximately $47 million dollars, with equity of approximately $45 million dollars.
The business operations and assets of the three remaining Grupo Richard companies identified
in the first acquisition agreement are being acquired as well:
(1) Grupo Internacional Richard
(2) Grupo Richard y Lange
(3) Asesores en Comercio ON de Mexico
MADECASHONHMGP said:
"They have people trying to sell their shares illegally because they just want to."
WTF? dude.. it makes no sense
"Supposedly they are acquiring 47M in real estate without having anywhere near a combined value of 47M in cash, financing or shares"
Beverly Hills Group Inc. (BHGI) is pleased to announce the advancement of approximately $1.4 million dollars funded to date, from a third party to Grupo Richard-Operadora in preparation for the closing of the remaining acquisitions and assets. The acquisition agreement is funded by a combination of cash and fully restricted equity shares of BHGI.
WHY IS IT A GOOD IDEA TO INVEST IN MEXICO?
Mexico is an excellent land for investments
http://www.mexiconewsnetwork.com/news/reasons-invest-mexico/
how do you know? that is a inside info
do you know what "restricted shares" mean?
BUT-YOU WANT-SHARES-UNDER-.02?
Punta Bandera Property View
WRITING A FUTURE ...
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Imagine just moments that our city is one of the safest in the world, seems incredible it? ... Well no, it simply is not ... Winitech has the most advanced technology to achieve this and much more, just with those in other cities such as Korea such results, we can ensure that using technologies Winitech offers and dependencies of each locality can achieve the goal of securing the city, simply crime rates are drastically reduced daily and this is possible because quite simply Winitech achieved that cities are covered under the eye of public agencies, private security and against any force of nature or whether they indirect incidents accidents or emergencies. Winitech is the answer that any country was waiting for and now is in Mexico and is proud to be part of Richard International Group, we invite you to learn more about Winitech and can see that what we write here is true and current. Just enter the Business tab and click Winitech den.
BUD LIGHT GRM
We are proud to inform you that very soon go into operation new stores Bud Lght GRM and its innovative concept's become the favorite store of all who likes the great taste of Bud Light beer plus there will be a wide variety of products and services to make your holidays a success.
ON TRADE
On Trade is one of the most promising projects of the group, the proposal on Commerce is higher than what was planned to obtain scope and this is thanks to the great success and great response from each and every one of the partners and suppliers participants in the project. On trade it is becoming the most successful national project since its basic idea is formed in direct support to partners and offers one of the most cost-effective alternatives to rescue the family business that is reeling from stiff competition from chains convenience stores nationwide such as OXXO to name one of many, in short on Trade offers the option to redeem the family business tradition now taking it to technological quickly and easily.
A little history ...
The company was incorporated with a share capital of 50 thousand pesos and derived from its growth and expansion of turns as will be mentioned later, now the assets of the company is 76.5 million pesos. Additional growth in the manufacture and sale of construction blocks are currently under a project called "The Jollas" which involves the construction of two towers in Punta Bandera with an investment of 30 million dollars. Additionally in 2009 we extended a twist to our company which is to open a chain of hardware stores with presence in Tijuana and the rest of Baja California. Due to the above, we have obtained consolidation in various sectors to strengthen our business experience and knowledge in the market; managing to have a network of first level in both the public and private sectors.
oh.... I see. good luck
"If you called up BHGI and said you will take on some of their debt in exchange for shares you are getting a better value than if you just buy shares" WTF? HOW? just call them up?
are you saying "Grupo Richard" is made up company?
"As an example 50000 Shares come unrestricted next monday - they were used to purchase a cosmetics company back when the share price was well into the multi dollar range"??? WHAT? multi dollar range? when?