Lily Group Exec just confirmed that everything is
in good order and moving ahead positively. Simply, the response
was that everything Shareholders here are anxious to have completed
and then confirmed in public postings is definitely moving forward in good order and will not likely be delayed much longer.

Proftstocksny2, I called this morning, no one
was available so I requested a callback; will post what
latest word I can uncover when the call comes!

Add me to that Club, MasterBidder!

You mentioned that the Q's were signed off by the CEO and
I was informed that a new project was coming together in the
Company.

Have you heard recently when these Q's will be posted and when
the details of this new venture will be released?

Benchman, I heard that these adjustments to the
safeguard/security terms for VHGI are not difficult for
the Financiers to adjust and accept for inclusion in the Agreement.

As I mentioned, this $65 Million funding to VHGI is at a low level in relation to their other Business Investments so it should not be
a difficult one to finalize.

MoneyStocker1 is absolutely correct.

The Ramadan Holiday in Dubai is simply a one month period, ending
August 7th, which affects the overall working environment in Dubai.
It is likely not seriously impaling the completion of the Financing Agreement, only causing certain types of delays or interruptions.

As MoneyStocker1 stated and what my conversation heard is the finalization and addition of acceptable security/safeguard terms for both VHGI and the Dubai Funding Organization in to the Agreement for full completion.

One of the International Factors that has caused this
Financing to take longer than we all expected is the
1 Month RAMADAN HOLIDAY in Dubai. This major annual Mideast
Holiday runs this year from July 9th to Wednesday, August 7th.

The factor delay in the Agreement is VHGI's Adjustment Request that the Financiers from Abu Dhabi accept their security terms in the overall agreement which do not cause a problem for the completion.
These detail adjustments are now being effectively set up in the Agreement to satisfy both VHGI and the Financiers.

This week, as the conclusion date of the RAMADAN HOLIDAY in Dubai
approaches, work being done on these completion details by the designated parties in Dubai will move forward faster toward the finalization point that has been accepted.

MJAM2020, the meeting being held on Friday
was late in the day. I called back within 30
minutes before the Office closed and was told
that JB and everyone had left after the meeting.

Certainly hope that the meeting was centered around
positive development status in the Financing and 10Q's and
will lead to SEC 8K filings and public releases very soon.

Let's hope it is today proftstocksny2!

Just called the office to speak with JB and he
is in a meeting right now. Hopefully, the meeting
is to do with bringing out the financing news.

Will call back again before the office closes.

TTUFAN111, I'm not saying it won't be announced this
week because it definitely could be in a close to completion
position.

Rick is definitely concentrating his full working time on getting this Financing approved and completed. He does know the important deadlines for the 10Q's so hopefully he will ensure that
they are both going to be filed before August 15th to provide a long awaited and needed upgrade in the Company's reporting status and Market position, especially if the Financing is completed or just has a known slight delay.

It's possible that it will move into a acceptable finalized position
this week for both parties and that will allow appropriate news to be published in short order for all of us to review.

Hello Gxrjack. The Good Word I had today is that
Rick is trying to complete the Financing and get both
10Q's filed before August 15th.

One of the positive factors I learned about the Financing is that
the Middle East Organization that entered into the Agreement
has massive sources of funding available for outside investments.
Their interest in VHGI Holdings is, firstly, that it is in the Energy Business with the Production of high grade Coal and, secondly, it is an American Company. Both of these factors motivate
the Middle East Organization for this Investment. The $65 Million
Proposed Financing with VHGI is apparently one of the lowest funding levels that this Middle Eastern Organization makes so it is therefore not a difficult factor to deal as to repayment and profit.

The time it is taking for Rick to complete the Agreement involves
the approved completion of all the required Documentation and Paperwork details needed for this Organization and their Banks.
It is close to being done.

Yes, I'm definitely around!

Called JB this morning early and he mentioned that work was being
completed on the 10Q's that need to be filed - the cost from the
Auditors for completion of the 10K and the 10Q's was in the $200,000 range.

He was hoping the financing would be completed before returning from his vacation today - now he is waiting to receive the current status details.

That's Excellent MasterBidder!

Whatever further details on this you can find before Friday
would be exciting information for everyone here!

Your Very Correct Proftstocksny2!

I just learned from a call to the Lily Group Board that
next week there is a strong chance of positive news being released on the status of the Financing together with the 10Q's Filings which will finally thrill and satisfy us all after this long wait.

Jim is back from vacation on Monday and that will be another key
benefit.

Rick is having major conference calls at 2 a.m. - 4:00 a.m. with the
Financial Dealers to discuss and finish all the Financial Details.
It is POSITIVE and I give it a Thumbs Up!

Yes Proftstocksny2, Rick is definitely focused on getting this financing completed and has a strong support staff working with him.

Given the quality of this Company's operating asset position, their competent staff and support members it should be determined to have a positive attraction and investment position in America for all interested and capable funding organizations including the current one in the Middle East.

I'll do my best to find more key information and provide it to this site.

Proftstocksny2, what I understood from the Auditors is that
they are waiting to be paid for their completion of the first 10Q
which is ready for filing. The major financing which Rick is focused on completing is not causing the delay in filing the 1st 10Q

What we don't know at this time is the exact current operating financial position of the Company. They could be directing what funds are available to other key activities or debt positions and have accepted or been forced to hold back on the payment for the first and second 10Q until sometime before the August 15th due date.

If this major financing is going to be completed within the next 3 weeks then all financial issues will be resolved and advanced. Otherwise, they will definitely need to arrange sufficient sources of funds to cover the Auditors and all other 10Q filing costs.

MJAM2020, I just heard that the Auditors are waiting for the
financing which is due for completion of the first 10Q and possibly
for work on the second 10Q. Without accurate information being provided on what is now taking place with the Coal production work
and the possible completion of orders for funding it's difficult to
determine where any available cash from possible coal orders or other sources is being directed or what debts it is being used to
partially cover.

My understanding now is that the first 10Q is completed and the Auditors are holding the finalized filing document until their billing payment is sent. Rick should definitely have this completed right away so that both 10Q's can be finished and filed together.

Proftstocksny2, as far as the 10Q is concerned it could
be completed and filed with the SEC without any needed
assistance from Jim. Since we all expected it to be filed
within the first 3 weeks of June, and even the Auditors and KCSA
suggested that time frame, it must be that a completion difficulty is causing a delay or else they are holding it back until
the Financing deal reaches a publicized completion point.

Jim's indication was that it would be filed when completed and would not be postponed by the Financing. It is understood that Rick Risinger is totally focussed and working full time on the Financing from early morning to late at night due to the operational time differences between the Dubai Middle Eastern Lender, Dhanhani Group,their Board Staff and the Banks they are using for the financing and similar operating times for the VHGI Holdings Staff and their Banks in America; about 9-12 hours difference.

The 10Q should be close to completion now so I believe it will be filed soon even if Jim is away on holidays. If the Financing is also completed while Jim is away it is very likely that Rick and his assistant staff will arrange a formal filing with the SEC and probably have an initial news publication drafted and published.

Hopefully both the first and second 10Q's for this year are finished and filed soon so the Company's reporting status is brought in to long term good order and KCSA can add momentum.

Badman,

I'm back this morning from my week vacation in Palm Desert; Jim Bender left on his vacation to South Carolina on Friday and will be back late next week.

I live on the West Coast and Jim is in Indiana working as the key communicator to shareholders from the VHGI Office. Jim and I are two separate individuals but now in close telephone communication about this Trading Company since his role began and all these recent
Corporate changes and major Coal Mining advancements began.

Much Appreciated Proftstocksny2.

I'm not able to contact this week but received a message that
Rick Risinger is conducting another staff meeting now at the VHGI Office.

Hopefully, this meeting is to get the breakout fully organized for this week.

Hello Everybody. I'm on a weeks Vacation in Palm Desert,
California until July 20.

I would definitely like to post valuable information I can
recover for everyone here at this key time but unfortunately
for this week I don't have my connections available.

I definitely hope the many competent and hard working members
here can find the key info we all want to learn for this week.

TTUFAN11, the 10Q for this first 3 months of 2013 should now
be in a finished and filing position. Especially since the Auditors and KCSA have both remarked that it would be submitted before the middle of July.

There is a major meeting going on at the VHGI office right now with
Rick Risinger so I would assume that the subject discussions would
include the 10Q status and possibly the current Financing position.

Hopefully, we will see a positive result today or shortly after.

Exactly proftstocksny2, that is the way I expect this Company to
takeoff.

The Financing is the Key Issue and is being worked on feverishly by
Rick and other staff. If it is going to be publicly revealed as in good order this week then the 10Q will most likely be filed as well probably in advance.

KCSA's Todd Fromer expects the 10Q to be out this week so hopefully
it is the door opener for the Financing Confirmation as well with details on all the other major business positions to be presented in follow-up releases. This would be the perfect takeoff position for the full start of his PR work.

No specific updated news. Contacted the KCSA office
yesterday and they expect the 10Q to be filed this week.

Thanks for that Post Proftstocksny2.

I called the VHGI Office and Jim, Rick and others are
all away until Monday.

The financing, I've heard, is advancing well and this Turnaround
Tuesday release should be considered as positive on that as well.

Hopefully, we will have the 10Q this week or no later than Monday.

Hello MJAM2020. I called the Auditors, KCSA and the
VHGI Office but unfortunately today there was nothing more detailed that they could release on the status of the 10Q (which should be ready for filing any day now), the status of the $65M financing which is Rick's major work project or any other present key issues which the Shareholder's are focused on.

Badman, I wasn't informed of those exact starting working
dates. I know that there was work being done on both the
10K and 10Q over similar time periods. The Auditors were given all the numbers and details needed for the 10Q preparation so I
would expect that because of its relative simplicity it would now
be in the same filing position as the 10K was on Tuesday/Wednesday of last week.

In other words, it should be in the final signing stage for filing.

I will make additional inquiries about the 10Q status on Monday
and Tuesday next week as I expect filing by Wednesday.

The 10Q, hopefully, will be filed by Wednesday July 3rd
before the July 4th holiday and VHGI will be given fully
reporting status in the second week of July.

Todd Fromer of KCSA is on vacation next week so if the
above dates are met Todd will be able to initiate his full
planned promotions of VHGI in the second week of July when
he is back on duty in the office.

Badman, it's not too soon!

I don't have the exact filing date for the 10Q but
I have been informed that it is in the same finalized
position as the 10K today.

Given that status, I expect VHGI will make every effort
to complete the filing of the 10Q within the next 6 business
days for the major benefits it brings to the Company's overall
listing & trading position for all current and future investors.

Congratulations to all the loyal Shareholders and Supporters.

I'm with you all the way!

The 10Q will be a rapid and positive follow up!

Yes Rsrch1st, I called the VHGI office after
speaking with the Auditors and the 10K is now
THUMBS UP and undergoing formal assembly for
proper filing condition. The required time
for the above should be today, tomorrow or
Friday.

Thanks for your support MJAM2020.

Just called the Auditors and they are finishing their
review work on the 10K. The direct response to the
timing question is that it will be ready for filing in June.

MJAM2020, the AUDITORS confirmed they
send it back to VHGI when it meets their
approval and the Company Staff complete
the filing with the SEC.

The AUDITORS scheduled it for June so hopefully
there are only minimal details to finish and they
will make it's completion their firm's primary goal
for this week.

AUDITORS are working on the 10K today.

Hopefully, it's being fully finalized and will
receive filing approval this week.

Absolutely! There would be only benefits for a filing
this week for both the Company and the Shareholders.
A filing this week would likely be an encouraging stimulation
for a rapid completion of the Financing.

MJAM2020, the Good Word for today from the VHGI Office
is that this week will be the filing week and this new financing is being worked on solidly and should be much easier and quicker to finalize than the first one.

You're right MJAM2020 about the 10K and 10Q.

I learned that the 8K just completed regarding the financing
was something Management wanted out ahead of the 10K and 10Q.

Now that it is filed there is nothing else as a holdup!

That's probably the timing or close to it.

I have heard that when this first long delayed filing
is submitted the Company vows to bring out all
the next ones together with any significant news in
continued short order as a proper company policy
which will definitely improve VHGI's overall future public position.