having a beer and thinking warm thoughts.
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Running early today. Sweet!
That is HUGE! Thanks for the update. Momentum is building.
Nice run this morning. I wonder who is looking to buyout this gem?
It was indeed a clever scam. I made my money here early on. I was just holding on to a few just in case this turned out to be legit. It turns out that the big wet floppy douche that bought this shell is likely trying to shake us out and I'm good with what I've made here. I don't need anymore.
Good luck ladies and Gents I'm moving on to $SGYP. Go where you want to but I would look into this one. Longer term play but worth a peek. Stage 3 of drug trials can take some time but less time than opening an online casino...
I just dumped the last of my shares sorry. Good luck to you.
That would be me trying to sell out...
Please buy all of them so I can go away.
Not exactly the case...
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=Ba5ODpt%252fMXzC83ly0KBAgA%253d%253d&CorpName=BENEFICIAL+HOLDINGS%2c+INC.
Oh wait you mean no shares were added in the 1st quarter. I guess the shares added a month would make that 2nd quarter and your statement would be true.
Not really looking for a dollar a day.
I guess maybe a hundredth of a penny movement in ANY direction in a month is too much to ask for. It probably would go lower but it can't. Don't you get it? That's why so many people are saying they need to R/S.
I would move on... IF I COULD SELL MY SHARES!
What a joke? You jump on me because this thing is so locked up that no one can get out if they wanted to. I guess you missed the point of investing. Let me give you a hint; it’s to make money. However, there are some out there that think making money is bad. Call me a Capitalist if you want to, I know Democrats like you don't like us, but making money is good and I like it. Hey why don’t you “invest" in some more BFHJ if you like it so much? Oh that’s right; no one can buy any right now. Well then go get ready to vote for Hillary and leave the important work to us people who actually show up to work every day and pay taxes so you can get your food stamps every month.
It is stunning to me that there is so much conversation on a board attached to a stock that hasn't moved in months.
In other news I'm board out of my mind.
I would sell if I could. I guess I will have to wait on the official word that BFHJ is dead before I can totally consider my "investment" a total and complete loss.
I’m glad I made money here a while back so that I don’t feel like I woke up after being roofied with my pants around my ankles.
CFO doesn't start until April 1st. Although the audit is supposed to be done by an independent firm I wouldn't expect anything until well after the CFO starts.
Agreed. The unfortunate reality is that will take time. The Chief Financial Officer doesn't start for another month. All who have been in $BFHJ for years will vomit all over their shoes when they hear it but they need more time. Cleaning out the shell took a while and building a business won't happen overnight. We may see a little short term growth as the ducks get in a row but any real growth will only happen when there is real, solid and confirmed results. Anything less than that will leave us in the trips.
If I remember correctly Beneficial Marketing was a subsidiary of Groupo Beneficial and not of Beneficial Holdings. It is an important distinction if I remember I’m correct.
I don't have access to the list. I posted the quote from Ameritrade when I tried to put in a buy order.
Someone posted that you can still call in and request a buy. Until somebody can buy and there are few to no hurdles $BFHJ will struggle to gain pps. It will be hard to get new investors. New investors are the key to the next step here. We have finally gotten substinitive PRs and a direction for the business. IMO Now we need to become fully reproting and to get new investors. Maybe not to the moon but into orbit.
Quite frankly, I don't want to put in the effort to call my broker to buy more shares and until it is easier I won't be buying either.
Call me lazy but I've got better things to do.
Many brokers have $BFHJ on a chill list. I know Ameritrade will let me sell but not buy. The explanation for not allowing the buy is:
Order cannot be processed due to a DTC chill restricting the ability to transfer a security and settle the trade.
$BFHJ is still on a chill list. Until that is cleared up we won't see any real movement.
Wow the news is as I suspected and posted here.
The funny thing is how many people are upset.
Greg told you what you asked for; You asked what's been going on.
He didn't tell you what you wanted to hear; we’re not going to the moon.
This is a risky investment but IMO it is less risky now.
I hear whining about interest rates for a line of credit. Generally speaking you don’t get charged interest unless the line gets used. Kind of like a credit card. Do you know how hard it is to get a line of credit with no assets today? Further, the line of credit is from an” affiliate of the new management.” Let me translate this to you. Greg is putting up his own money. The difference between this and other BS we were being told is that we now know where the money is coming from and it is likely not a line of crap. Remember Groupo Beneficial had a mysterious $47 million line of credit from some unnamed source that was going to be used to by Thunderbird. Time to look at reality: the Thunderbird bid was nothing but a PR scheme to pump the price so management could make some money. Yes it was illegal so let’s get the SEC on this and have Papic and Navarro thrown in jail. We’ll get them extradited from Nicaragua to the US to face charges. That will never happen.
I like that there has been disclosure of what happened. I think the Tequila PR was not done with Greg’s blessing and was released by Azteca not BFHJ. I think it was the old guard’s meddling.
Let’s call it for what it was. Before Greg got involved BFHJ was similar to getting an email form a Nigerian Prince who wanted to deposit millions into your checking account and for the use of your account you will get to keep 1% of the money. We bought the dream. Our money has been shipped to Nicaragua and it is not coming back. This is a new business with nothing to do with the old. Any whining about calling the SEC or demanding our money back is a waste of your breath.
Look Forward Boys and Girls. Get out if don’t have the testicular fortitude.
I feel like this is a weak PR too but it is important to officially link the site to BFHJ. Anyone can put up a website and say they're BFHJ. If Greg plans on releasing information on the site we need this link with an official PR in order to make the information on the website credible. That being said I hope there is more to this. This hopefully is just a pump primer and we will start seeing more information. He can start with ...oh I don't know... maybe “FULLY REPORTING” like he said would be “The Next Best Step”.
The glaring omission of the news is what BFHJ actually “holds” currently. No mention of bet.cr, sportsbook.cr, slot parlors and no mention of a $40+ million line of credit. I guess by saying nothing they are saying something…
Phone number on OTC is different 908-730-6280 than the last PR 646-543-0677. Different greeting on the voice mail. Both numbers work.
Not sure what that means.
I left a new message today and last night. I'm sure it will be met with the same response... NADA
You're correct. I mistakenly mis-stated the divesture in gaming assets. I was thinking about another play which has divested and that made me think about $BFHJ. My apologies. However, I still believe that BFHJ no longer has ties to its former self. It has been a long time since BFHJ acknowledged the ownership of anything much less the gaming properties. At the bottom of the PRs they BFHJ used to list all of its holdings and assets. Further, in the past the PRs would end stating what investments the company holds and what they intended to continue to do. There hasn't been any mention of gaming in BFHJ PRs since May of last year and that was a PR from Azteca NOT BFHJ. So April of last year was the last time we had confirmation of involvement in gaming from BFHJ. Finally, Notice there was no statement of owning or operating anything after the 19th of Mar 2012.
I don’t think it was an oversight. I think this was carefully planned and executed. I think Greg is no dummy. Just watch. Next PR will be huge a announcement that BFHJ is a no longer involved or connected with the previous regime. Including nutraceuticals that were formerly part of this play almost 10 years ago.
I then deduce that if this company is no longer part of the Carolina Navarro & Alex Papic Nicaragua experiment than the $47 million fake dollars that the supposedly company had available to it no longer exists. Who sits on that and doesn’t use it? Not to mention that line of credit was supposedly extended just before the banking industry blew up. If the line of credit ever really existed it is likely gone.
I don’t think it is all bad. I actually think there are a lot of positives here. I feel that it may even be a stronger play now that it is a US firm rather than some shady company operating in a Banana Republic with little to no oversight.
You really believe there ever really was a line of credit much less there still being one?
Seriously, the line of credit was to a Nicaraguan gaming and entertainment firm and this company is now a New Jersey based real estate firm.
I'm not saying $BFHJ won't make money. I'm just saying this isn't the same company. None of the old players are here. Don't go off of PR's from 3 years ago and apply them to today.
BFHJ has sold EVERYTHING (they said they sold gaming assets in a PR) and until I see a web site a PR or a news article stating otherwise they (in my mind) own NOTHING.
I doubt if there is any connection with the current BFHJ and bet.cr or sportsbook.cr or any of the slot parlors. They already announced in a PR the divestment of all non-gaming assets and when is the last time this mysterious $47 million dollar credit line was even referenced.
Long and short of it. BFHJ isn't a foreign based company anymore (which is good) and it is no longer a gaming company. get used to those facts.
Just look at the Nevada Secretary of state has to say about where BFHJ is located:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ba5ODpt%252fMXzC83ly0KBAgA%253d%253d
OTC Markets calls says:
Beneficial Holdings, Inc. (BFHJ) intends to become a holding company with diverse interests in real estate, financial services and "green" applications.
You're looking at it all wrong.
Who in Greg's world cares about a silly penny stock?
Who in Greg's world will ever know about BFHJ?
What has Greg done that is illegal?
IMO
He doesn’t care about the former business plan.
He doesn't intend to run a casino in Nicaragua or on the web.
He's a real estate guy.
If Greg is really controlling this thing it will reemerge as something completely different.
I believe that if Greg really is behind this he took BFHJ so he would have a publicly traded company without having to go through the hoops of filing the paperwork. I think he may be slowly buying back shares at .0001 as he gets a little pocket change. When he has a significant percentage back he will likely do a reverse split and unveil his new business plan.
BFHJ likely has no assets aincluding no money right now. I don't need the money I have in this. So I will sit and wait many many years if I have to, and I lose everything; who cares?
I doubt the company will be doing anything in the gaming industry. I think those days are over. I further feel they're slowly buying back shares to reclaim as much of the stock as they can. It probably will wash rinse and repeat under a diffrent business model. The ATM is closed for now but it will probably reopen when they have bought back enough at .0001. I have nothing to lose by holding. THere is little to no value in my holdings. I will wait for ayears if I have to.
The hotel is irrelevant from a report from the comapany on Feb 16th 2012 they stated it was sold.
http://www.otcmarkets.com/financialReportViewer?symbol=BFHJ&id=72790
Beneficial Holdings, Inc.
Apartado PA-267
Managua, Nicaragua
+(505) 8367-3333
contact@beneficialholdings.info
CURRENT REPORT
Beneficial Holdings, Inc. (OTC: BFHJ) issued the following
current report:
The Company updated OTC Markets, Inc., with the most recent financial report. As a result, the
“No Information” designation has been changed to “Limited Information.” The Company’s Fourth
Quarter reports will be due in March.
The Company closed on its sale of its non-gaming properties on February 14, 2012. The final
value of the package was US$3,282,000 for Beneficial Holdings.
This release contains forward-looking statements, which are made pursuant to the Safe Harbor provisions of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements involve risks and uncertainties that could cause actual results to be
materially different. Factors include, but are not limited to, available funding, market acceptance, competition,
recruitment and retention of personnel, dependence on key personnel and certain risks associated with the projects
in which the Company is engaged to complete and others. The forward-looking statements should be considered in
light of these risks and uncertainties. The Company disavows any obligation to update or correct any of its forwardlooking
statements.
Beneficial Holdings Inc. offers the www.bet.cr and www.sportsbook.cr online casino
and sports book websites to non-United States casino players. In addition, through its agents
and affiliates, it manages two land based casinos in Nicaragua.
Odd thing is while the email to the new address bounced back the emails to the old address have not bounced back yet.
Has anybody gotten a return message in any form from the management? Phone? Email? Snail Mail? Smoke Signal? Telegraph?
I recently sent an email to their "current" email and the old email addresses. Wondering if I should hold out any hope.
Hope? Ha that's funny.
Hope and Change from BFHJ is the same thing we got from Obama. As with Obama all those who are trying to operate legitimately are worse off and those on the inside are playing games. Those playing games have stolen a ton of money from the hard working legit people.
Reality check:
Whoever Carolina was (and it was probably not a person named Carolina) probably used this shell of a company to write fake PRs and raise the A/S repeatedly until the weight of the A/S collapsed the pps to the lowest possible level. Now they have Greg who may not even be sure his name is being used for this scheme. No one has talked to anyone associated with BFHJ in well over a year. Not a returned email, not a phone call, not a post card. Clearly when Aleksandar Papic left so did all the integrity of BFHJ.
IMO we have nothing here. In reality the pps proves it.
BL, didn't you and I do this share count thing 3 years ago? Funny. I'm down to 16,000,000.
Did you cut out the part of the email where it says he is a rich Nigerian oil barron who just needs your checking account number to get the cash out of his Swiss accounts and you get to keep 10% of the proceeds?
100% correct wasn't important when the bet.cr was launched why would it be of concern with the company web site.
The other board is not lost
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_B/forumview?bn=52933
BFHJ couldn't quite get it down to .0001 so they increase shares again the 2nd time in as many days?
WOW this is getting comical!
I'm sure you're basing that statement on the frequency by which we have gotten news in the past and the transparency of BFHJ.
What a joke.
And this is the reason why we only touched .006 to fall back to .0004. Watch us go back to .0001 to .0002 range and sit there again.
BFHJ can't sustain anything because they keep printing new shares over and over again. This is obviously more important to them than keeping their filings updated with the State of Nevada.
6 share increases in 10 months? That's just crazy. I can't believe you're defending that.
I wish I wasn't right.
Guess you were wrong
More share again.
Well I guess we won't see the 10 bagger.
We could've been beyond a penny if they had used BFHJ as their personal csh stattion.
I quit.
With BFHJ high volume days are often followed by us finding out a few days later there is a new share count.
When will we find out they issued more shares?
I wonder if we're going to find out that they issued more shares?
Keep watching:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ba5ODpt%252fMXzC83ly0KBAgA%253d%253d
In order to get the super secret information you must be under the "The Cone of Silence"