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Was just thinking that. Screen shot it all
Fake companies don't come out of the greys , FINRA makes it nearly impossible to do, even for legit companies. That fact alone had me a buyer. Then the last 8ks and PRs. No Brainer buy and hold. $BHGI
LOOKS like an NYSE ticket :)
Yup. This is a hold for years stock
1 billion $$ let that resonate for a sec.
No doubt. Never seen this before . Ever
Omg huge guys !
BHGI Huge news!!!!!
BEVERLY HILLS GROUP, INC. Enters Final Phase of Banking Services Company Acquisition.
BEVERLY HILLS, CA -- April 26, 2016 -- InvestorsHub NewsWire -- 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.
BHGI Huge news!!!!!
BEVERLY HILLS GROUP, INC. Enters Final Phase of Banking Services Company Acquisition.
BEVERLY HILLS, CA -- April 26, 2016 -- InvestorsHub NewsWire -- 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.
BHGI Huge news!!!!!
BEVERLY HILLS GROUP, INC. Enters Final Phase of Banking Services Company Acquisition.
BEVERLY HILLS, CA -- April 26, 2016 -- InvestorsHub NewsWire -- 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.
Nice responsive buying :)
Looking solid here guys / gals. In it to win it
Any bid getting hit over .09 , now ask .085. Smh
Can you imagine when Wall Street big dogs see this? Oh my..
Yes that news is huge ! It seems as if the news hasn't been seen outside of ihub. Nows the chance to get in before it does !
This is going to be huge folks
Awesome news man, only a matter of time before this takes off .. Buckle up!
Yup and by the way it's been trading it looks like he's been doing it again. That NITE algo .. That's ok.. More time to collect down here. When the big boys come in , watch out :)
Sure seems that way so far.
8ks and bunch of big whacks everyday lol. Booty Sweat energy drink and Bust A Nut candy bar, funny scene.
Great post! Should be stickied
they sell for many reasons , doesn't mean nothing will happen
Transaction Code , space #3 . S , that's the sell, then how many 200,000.
I'll still hold tho, never know with these shells.
They're S , unfortunately http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11319448
Strange , mine says " S "
The Form 4s were sells. 400,000 total.
Yup. I can guess it's same person as the last time same exact stuff was happening.
Beautiful this is going to be huge. And this is just one acquisition lol
NOICE... Eventually down big firms will be on this and wanting their clients in IMO shitz may get wild
Lol. Weeeeeee
Hmmm wonder what next week is going to bring
Come on down!!!! Bring it to .08, dare ya
Come on down NITE. Changing your ask by .004 ain't gonna do nuttin hahaha
Lol jk
Holy volume !
I hope so $BHGI
Morning BHGI ! Looking for a nice end to the week. Time is running out here it feels. Fireworks ahead