I don't give people hell, I just tell them the truth and they think it's hell. H. Truman
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Exhibit 1, stock purchase agreement.
800,000 shares
.125 a share
BHGI receive no cash for sale of shares!
Merry Christmas. Bidding .075
RED ALERT! RED ALERT! RED ALERT! RED ALERT!!!
THIS STOCK IS A BIG SCAM.
HUGE PROMOTION GOING ON.
BEWARE! BEWARE! BEWARE!
THOSE PESKY CONVERTIBLE NOTES PAYABLE BEING CONVERTED AT .0025 A SHARE. MILLIONS BEING CONVERTED!!! OVER 24.4 MILLION SHARES SINCE JANUARY 2015.
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 limitation, 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 April 6, 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.
THIS IS A SCAM!
Read the lawsuit papers.
800,000 shares not paid for being dumped on the market
1.14 to .20s
BHGI has been scammed.
A simple review of financials will confirm no cash payments in 2014 and 2015.
Send payment in advance for court documents, LMAO.
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.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
NUMEROUS CONVERTIONS, TOTALLING OVER 24 MILLION SHARES HAVE ALREADY TAKEN PLACE.
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 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 limitation, 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 April 6, 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.
See the court records. Suing over 800,000 shares. BHGI never received cash.
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 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.
ROFLMAO. BHGI is off 80% from highs. 1.14 to .20s
800,000 shares scammed from company
24 million shares converted with TOXIC CONVERTIBLE NOTE, @ .0025
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.
Not if you read the lawsuit filings.
An agreement to buy 800,000 shares @ .12 was violated. BHGI is suing.
BHGI never received any cash for these shares. $96,000.
Very compelling story. Another penny stock scam. No assets, no revenues, lawsuit over 800,000 unpaid shares.
What company issues shares without being paid for them?
Millions of shares converted at sub penny. .0025, TOXIC CONVERTIBLE NOTES.
Exactly, where's the audit?
We hear 60 days, then 3 months, then 60 working days, then next week, then thanksgiving week, then week after thanksgiving. So when is is now? Back to next week again?
The SCAM JUST GOES ON AND ON. Typical penny stock scam with a good story. Looks like the story is to kick the can down the road.
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.
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.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
NUMEROUS CONVERTIONS, TOTALLING OVER 24 MILLION SHARES HAVE ALREADY TAKEN PLACE.
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 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 limitation, 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 April 6, 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.
THIS IS NOT TRUE, THIS CAN BE CONFIRMED BY CALLING ANY TRANSFER AGENT.
OBVIOUSLY 800,000 shares were issued without payment. This is easy confirmed by calling any transfer agent or in this case a simple review of the financials. BHGI has no cash receipts for the past 2 years....since inception!
Not everyone has millions of shares to sell,
EVEN MORE IMPORTANT, NOT EVERYONE DECLARES SELLING MILLIONS OF SHARES!!!
CARO CAPITAL INTENDS TO SELL ITS SHARES. If the shares are restricted, Caro intends to sell them when they are registered. If the shares are freely tradeable, Caro intends to sell them. Caro affiliates, officers, directors and employees may buy and sell shares discussed in this report or any other communications and may profit in the event those shares rise in value. Caro may sell shares at any time.
Caro Capital signed an agreement with Beverly Hills Group Inc. to receive one million shares of the company’s common stock. Caro Capital is currently selling their shares.
LMAO, ROF......SO, HOW DID THEY GET 800,000 shares?
BHGI never received any cash for these shares!
CARO CAPITAL INTENDS TO SELL ITS SHARES. If the shares are restricted, Caro intends to sell them when they are registered. If the shares are freely tradeable, Caro intends to sell them. Caro affiliates, officers, directors and employees may buy and sell shares discussed in this report or any other communications and may profit in the event those shares rise in value. Caro may sell shares at any time.
Caro Capital signed an agreement with Beverly Hills Group Inc. to receive one million shares of the company’s common stock. Caro Capital is currently selling their shares.
Caro Capital was given 2,000,000 shares
CONSULTING AGREEMENT
THIS AGREEMENT (the “Agreement”) is made and entered into as of this 14th day of May 2013 by and between Caro Capital, LLC., a Florida corporation, with offices at 220 Congress Park Drive, Suite 303 Delray Beach FL 33445 (''Caro' or the “Consultant”), and Crown Alliance Capital Limited, a Nevada corporation, with offices at 2985 Drew Road, Suite 217, Mississauga, ON L4T 0A4, Canada (“CACL” or the “Company” (together the “Parties”).
WHEREAS, Consultant is in the business of providing services for management consulting business advisory shareholder information and public relations:
WHEREAS, the Company deems it to be in its best interest to retain Consultant to render to the Company such services as may be needed: and
WHEREAS, the Parties desire to set forth the terms and conditions under which Consultant shall provide services to the Company
NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained and other valid consideration receipt of which is hereby acknowledged the Parties agree as follows:
Term of Agreement
The Agreement shall remain in effect from the date hereof through the expiration of a period of six months from the date hereof (the “Term”), and thereafter may be renewed upon the mutual written consent of the Parties.
Nature of Services to be rendered
During the Term and any renewal thereof: Consultant shall use its best efforts to: (a) provide the Company with corporate consulting services in connection with introductions to other financial relations companies and other financial services: (b) contact the Company’s existing shareholders, responding in a professional manner to their questions and following up a appropriate; and (c) introduce the Company to various securities dealers, investment advisors, analysts, funding sources and other members of the financial community with whom it has established relationships, and generally assist the Company in its efforts to enhance its visibility in the financial community (collectively the “Services”). It is acknowledged and agreed by the Company that Consultant carries no professional licenses, and is not rendering legal advice or performing accounting services, nor acting as an investment advisor or brokerage/dealer within the meaning of the applicable state and federal securities laws. The Services of Consultant shall not be exclusive nor shall Consultant be required to render any specific number of hours or assign specific personnel to the Company or its projects, however it is anticipated and agreed upon by both parties that considerable time and resources will be required to fulfill the obligations to the Company under this agreement.
Disclosure of Information
Consultant agrees as follows:
The Consultant shall NOT disclose to any third party any material non-public information or data received from the Company without the written consent and 'approval of the Company other than :(i) to its agents or representatives that have a need to know in connection with the Services hereunder; provided such agents and representatives have a similar obligation to maintain the confidentiality of such information: (ii) as .may be required by applicable law: provided. Consultant shall provide prompt prior written notice thereof to the Company to enable the Company to seek a protective order or otherwise prevent such disclosure: and (iii) such information as becomes publicly known through no action of the Consultant, or its agents or representatives.
Compensation
The following represents the compensation to be received by the Consultant in connection with rendering the Services hereunder.
During the Term of this Agreement, the Company will pay to the Consultant the sum of two thousand ($2,000.00) dollars per month: Upon execution of the Agreement, the Consultant shall purchase and the Company will issue to the Consultant 2,000,000 shares of the Company's restricted common stock for a total purchase price of $2,000.00 (the Restricted Stock"') as per the Investment Representation Letter ( incorporated by reference into the Agreement and attached as Addendum A).
Again, not true. Not all shares are paid for. Some are issued with a subscription receivable. IN THIS CASE THE COMPANY NEVER RECEIVED ANY CASH OR BOOKED A RECEIVABLE!
All one has to do is review the financials for 2014 and 2015, NO CASH RECEIVED AND NO SUBSCRIPTION RECEIVABLE.
$96,000. Don't have to work for the company to know the company was not paid for the shares. Yup, the company never recorded $96,000 in cash this year or last year!
NEVER HAS BHGI RECORDED $96,000 IN CASH!
They company is suing over the 800,000 shares.
The company never got paid for these shares.
There is NO CASH recorded for these shares!
There is no subscription receivable recorded fro these shares.
ROFLMAO, the transfer agent does not receive the payment, so we know that is a false statement.
Can anyone state how much the company was paid for the shares?
NO THEY CAN NOT BECAUSE THE COMPANY DID NOT RECIEVE ANY CASH OR RECORD A SUBSCRIPTION RECIEVABLE.
LMAO, please provide the cash receipt or paid check!
You can't because there isn't any.
The financial do not show any cash receipts nor have they recorded any subscription receivable.
They have filed a suit over the 800,000 shares.
Actually it's a FACT!
The company was NOT paid for the 800,000 shares.
A simple review of the financial confirms the company DID NOT recover any cash for these shares and they did not book a subscription receivable.
Any investor with basic financial knowledge can confirm this.
Been posted before. But I'll be glad to post again. The company is suing over the 800,000 shares.
The company financial did not reflect any recording of any cash or subscription receivable for these shares.
The company did not get paid for these shares!!!!
You are more than welcome to post ant verifiable evidence where the company was paid. There is none.
Again, Friday is last week. I stated the stock is 50% off this week.
It traded @.51 this week.
The SCAM is it trouble. BHGI GOT SCAMMED out of 800,000 by AA.
BHGI NEVER GOT PAID FOR THESE SHARES!!!
Like I said, NOT TRUE!
MISINFORMATION, THE STOCK NEVER TRADED AT .1625 this week, please post link, date and time of trade....it doesn't exist.
No, that would be comparing one week to the previous week.
OBVIOUSLY, the SCAM is showing its colors. OFF 50% from this weeks high!
MISINFORMATION, THE STOCK NEVER TRADED AT .1625 this week, please post link, date and time of trade....it doesn't exist.
As far as the company NOT getting paid for the 800,000 shares, show me the link to where they got paid and how much.
A simple review of the financials will validate the company DID NOT RECEIVE ANY CASH OR BOOK A RECEIVABLE FOR THE 800,000 shares!
Isn't Friday last week? LMAO, nice try. This SCAM HIT ITS HIGH OF $1.14, a few months ago. Yes it did set new LOWS recently.
Anyone know where this mysterious audit is? Is it next week AGAIN?
Shares fall another 19.75%, wiping out earlier week gains and Market manipulation. Obviously, 100 shares trades @ .51, .49 and .4811 were scammer trades.
.2492 a share, off 50% this week.
Stock tumbles 28.6%
Very compelling story. Another penny stock scam. No assets, no revenues, lawsuit over 800,000 unpaid shares.
What company issues shares without being paid for them?
Millions of shares converted at sub penny. .0025.
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.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
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 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 limitation, 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 April 6, 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.
Very compelling story. Another penny stock scam. No assets, no revenues, lawsuit over 800,000 unpaid shares.
What company issues shares without being paid for them?
Millions of shares converted at sub penny. .0025.
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.
This was never disclosed in previous financials!!!!
5. LOANS PAYABLE - OTHER
During the three months ended June 30, 2015, an unrelated third party made advances and directly paid Company expenses. The Loan Payable is unsecured, non-interest bearing and due on demand.
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 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 limitation, 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 April 6, 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.
SELLING CONTINUES...
CARO CAPITAL INTENDS TO SELL ITS SHARES. If the shares are restricted, Caro intends to sell them when they are registered. If the shares are freely tradeable, Caro intends to sell them. Caro affiliates, officers, directors and employees may buy and sell shares discussed in this report or any other communications and may profit in the event those shares rise in value. Caro may sell shares at any time.
Caro Capital signed an agreement with Beverly Hills Group Inc. to receive one million shares of the company’s common stock. Caro Capital is currently selling their shares.