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I just got out.....sold my last 825 shares for a loss. Gave Greggy 2 yrs to do something, then this 5000/1 RS to acquire a million dollar a year company that they supposedly did their due diligence then to wait 5 months to tell us oh never mind not a good fit...that was the final straw. Good Luck to all.
We should be seeing an update on the year end fins soon, I received this response on 1/25/14 so now it has been several weeks. GO BFHJ!!!
Good Morning/Afternoon,
In the last PR released in early December, it mentioned that management was hoping to have the post R/S acquisitions completed by the end of the calendar year. Have there been any issues with the acquistions or changes with timings? It has been a bit since the last communication, so was wondering if we can expect some sort of update shortly or if we should expect further delays at this point?
Thank you for your time and I look forward to your response.
Response:
***reply -- fully-reporting SEC companies are given 90 days to report year-end results, so BFHJ is hardly "delaying" anything. the audit is underway and accounting considerations regarding the acquisitions are key. it is anticipated that the audit will be completed within several weeks. at that time, treatment of the acquisitions -- and other corporate matters -- will be elaborated upon.***
--GMc
"...a full audit is a good thing"
Well...since obviously you have not been following this stock for too long, they have been auditing their Fins...just not through the OTCmarkets.com website since as they had explained to us previously that the fee to post there is ridicuous, about $30k a year. Hence the Stop Sign......
Here is the reply from IR when I asked about the acquisitions since they had mentioned trying to complete them by the end of calendar year 2013. GO BFHJ!!!
***reply -- fully-reporting SEC companies are given 90 days to report year-end results, so BFHJ is hardly "delaying" anything. the audit is underway and accounting considerations regarding the acquisitions are key. it is anticipated that the audit will be completed within several weeks. at that time, treatment of the acquisitions -- and other corporate matters -- will be elaborated upon.***
--GMc
"Be patient they'll come...I'd wait for .01 instead."
"You think .03 post R/S isn't in the TANK? LOL No volume....no interest...NO BUYERS"
CHIN UP PAL!!!!
This might go back down again before the news hits and your wise prophecies might come true...but I wouldn't hold my breath or we will have to call you Blue Beerd .
GO BFHJ!!!!
Just in case this was really part of our company, the Tepoz trademark dispute has finally been laid to rest, see link below. Go Beneficial Tequila......
http://ttabvue.uspto.gov/ttabvue/v?pno=92055671&pty=CAN&eno=24
I got that $12 worth of stock...had my bid at $.14, but got it for $.12...of course if I don't get any more of this order filled today these 100 shares will cost me $21.99 with the commission. Has anyone heard anything from McAndrews lately about timing of a PR? Thanks. GO BFHJ!!!
29 million were sold yesterday. Sounds like 12 million were bought by Lucky40.
I was on as well... Now no more..who is the real Greg nonsense..real person..real successful business person.. GO BFHJ!!!
Well, first that was never released by BFHJ it was released by the beverage company on May 30, 2012?. Second they are still in trademark hell.....see below. Also, per BFHJ press release on 02/05/13 anything that happened prior to June 30, 2012 was not done by new management, your buddy Greg. GO BFHJ?
http://ttabvue.uspto.gov/ttabvue/v?corr=RICHARD%20GLIKSBERG
I received a response from IR yesterday, not much more then Tolley's response but a little more....see below.
To: "Gregory McAndrews" <gmacpr@earthlink.net>
Subject: Beneficial Q&A
Date: Tue, Sep 3, 2013 1:18 PM
Good Afternoon Mr. McAndrews,
I know BFHJ is not following directly with the SEC filing and are not required to since they are not. It has been 3 and a half months since the last update and if they were following the normal filing schedule we would've had financials a couple of weeks ago. I also know that you had mentioned that BFHJ's strategy would be to disclose financials via press releases instead of via otcmarkets.com in order to stay out of the grey markets. So knowing that, is there an issue with financials this quarter or should we be seeing them soon? Again thank you for your time.
Reply -- there are no issues with the financials. All ops continue to be on track. Nothing to disclose at this point. Cannot comment at this time on date of next disclosure.
Here is an idea of normal Project Administration Fees for construction projects I came across from Ohio University.
http://www.ohio.edu/facilities/design-construction/documents/fee_schedule.pdf
If they are involved in this Tequila then the reason we haven't heard from the company would be that this is still under trademark litigation, see below link.
http://tsdr.uspto.gov/#caseNumber=85050028&caseType=SERIAL_NO&searchType=documentSearch
As of last week ETrade still worked and I doubt it changed in the past week.
Question and response from IR that answered my question I posted earlier.
Good Morning,
I have been a BFHJ shareholder for the past 14 months awaiting some sort of clarification to the happenings behind the scenes and it seems we finally have some. I appreciate the fact that the company has come forward and released true auditted financials. The question I have for the company is as follows:
The company has released auditted financials via a PR that shows no profit for years ending 2011 and 2012 which is contrary to previous managements claims that there were significant profits made year ending 2011. It is very admirable and shows good transparency that this information was released and released correctly, but now that this has been released why has the company not updated the OTCmarkets.com listing with this information to get rid of the dreaded stop sign? I would think since the company has broken the bad news that previous management had deceived shareholders, I would think it would at least want to do anything positive as a result of these auditted financials and ridding itself of the stop sign would be a positive to most shareholders.
Thank you for your time and I look forward to your response.
A: The Company's management is evaluating its position regarding Pinksheets/OTCMarkets and remaining a non-reporting "Pink Sheets" listed company. Consideration is being given to the longer range prospects for the Company, which are not served by maintaining the status quo; which is highly unlikely to be maintained for much longer, although we will not speculate as to timing right now.
Pinksheets/OTCMarkets.com will not post financial statements unless: 1) They are filed on the appropriate EDGAR form as proscribed by the SEC for fully-reporting companies (which BFHJ has never been); OR 2) the Company pays what the Company believes currently is about $4,500 per year in effect to "PROMOTE" our own financial statements on OTCMarkets.com. You should know that other statistical services, such as Yahoo.com/Financial) DO list financial statements for BFHJ. The latter was the approach taken by the previous management, and we don’t feel garnered any appreciable benefits to the Company. Money can best be spent elsewhere since financials are disclosed by news releases which ARE listed by Pinksheets/OTC Markets and on our own website concurrent with disclosure.
.
Remember that “Stop” doesn’t mean a “stop trade”. The real danger is to be labeled a “Grey Market” company. We feel that by timely disclosure by news releases and by publishing on our website, we will avoid this label.
At the appropriate time, with a designated purpose and set of tactics, the Company intends to make the applicable SEC filing(s) and resolve the inherent issues in share structure, trading market and market sponsorship necessary to upgrade its trading status.
Tolley, thank you for all the answers you have gotten out of them the past few months. I have read through most of the posts on both boards I believe, have they ever addressed why the stop sign is still there on otcmarkets.com when they went through the trouble of having auditted fins through EOY 2012. While doing so breaking the bad news to everyone that the previous ownership misled all the shareholders. Just doesnt make sense that they publish this bad news via a PR and not have the positive of removing the stop sign. If they havent answered it, I will try to email them. Thanks.
Below is the exerpt from the PR...$BFHJ
CORPORATE DIRECTION
The Company has prepared unaudited financial statements for the years ended December 31, 2011 and 2012 reflecting the activities described above. These financial statements will be examined by the Company's independent public accountants. Upon completion of their audit, the Company will make the appropriate release of its financial results for 2011 and 2012.
Two PR's ago, they said that the fins for 2011 and 2012 were complete and sent to their independent auditor. These should be released very very soon. $BFHJ
That chart ends in June of last year unless I am reading it wrong. The last settlement date was 6-13-2012 and the biggest spike was last April when we had that insane volume right before Greg took over. So, not sure that this explains anything. I bought 2.5M today with no problem using ETrade and they are usually pretty strict about chills. GO $BFHJ
Once they release the audited fins for the past two years, I think this thing will take off. IMO. GO $BFHJ$
Just ppl not willing to wait for fins, which should be out shortly and/or progress, which will take time. Not expecting an R/S as that would've happened already if he was going to do it. Just sit tight. IMO...GO BFHJ!!!
Edit: Also, looks like about 20M-30M of it was taken off the ask at .0002 as that is down to 130M.
Also, now I think we know why we had that huge volume back in July, think it was about 700,000,000 shares, had to do with "Old Private Investor" converting the outstanding Convertible Note into Common Shares that expired on July 24, 2012.
From the PR, looks like we should have a very good understanding of what money we really have once the auditors finish reviewing the fins. It says they will post them once audited. At least then we can say bye bye stop sign. GO BFHJ!!!!
Well one change, they renewed the business license until the end of next year and changed the address to NJ for Greg. See below link.
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=Ba5ODpt%252fMXzC83ly0KBAgA%253d%253d&nt7=0
OMG OMG....I know...I am wet with anticipation. H4B has a pipeline right to the top here, I think he might even be a secret board member. I am refreshing my screen every 2 seconds so I don't miss THE BIG NEWS!!!!! He is like our saviour.
They won't join "the website" until this is settled http://ttabvue.uspto.gov/ttabvue/v?qt=adv&procstatus=All&pno=&propno=&qs=tepoz&propnameop=&propname=&pop=&pn=&pop2=&pn2=&cop=&cn=.
This could still be one of the major things holding up the website IMO.
Any luck paging him? I tried to playback the audio for the session, but it isn't available yet, so will check back tomorrow.
Yes I did read that thank you. I know the past there were tons of forward looking PR's and no back up or follow up. Maybe it might be the same ppl running it, who knows, but that looks doubtful since they would be using the same tactics. This is much different from before, so I will hang in there and see where it takes us. If you have so much distrust and hate for this company, why are you even bothering with reading this board or posting on it? Do you even have anything invested in it? Or are you another Peorge and just bored and want to stir things up? GLTY GLTA
Ok, so you have special privledges and can post BS because you have posted a lot of baseless drivel on this board in the past? WOW I did not realize that seniority was a factor on iHub. Can you show me where that is explained. You know the "I have been here a long time so I do not need to back up or explain my postings" theory. Thanks.
Ok....so where are all these recent PR's and financials that have artificially increased the PPS?
No financials in almost a year - check
No PR's from BFHJ that could increase PPS in 6 months - check
So where is this connection since April????
As usual you are fishing and misleading ppl - check
I know I am wasting my time responding to you, but since your post hasn't been deleted yet I will. How could that link have anything to do with BFHJ? The guy is going to jail for misleading investors with false PR's and false financials and false patents. I think most ppl on this board are frustrated because we have had a lack of PR's, info about the company and financials. So, I would say that the company in your link is the Bizzarro BFHJ (that is for all you superhero fans out there). Everyone have a great weekend.
Updates on the Tepoz trademark. It's getting really wordy now, hope you like to read lawyer speak...cuz there is a lot of it
http://ttabvue.uspto.gov/ttabvue/v?pno=92055671&pty=CAN&eno=11
GO BFHJ!?!?!?!?!?!
So, is he using TMS or rTMS? The side effects and the possible benefits differ greatly depending on the method.
Stiff....we haven't had any volume this week whatsoever. So, no one bought anything this week. We have been sitting at a stale mate of 0X.0002 since the market reopened on Tuesday. So there might be something going on, good or bad...never seen this just sit there with no volume for this long. Have any of you very longs seen this behavior before?
Well tried to knock NITE off with a 2M share hit, but no luck...guess we will be no bid over the weekend. Hopefully big news next week, if we keep saying some day it will have to come true GO BFHJ!!!
Funny thing is MM VFIN had 5M on the ask at .0001 a few minutes ago, now they dropped down to $2,000.01 for 5 shares...these MM's just like to mess with us I think.
I believe he is well aware of that already. If it wasnt him there would have been a lawsuit already since this stuff is all over the Internet with his name. He is the only Gregory N. Senkevitch you can find on the Internet. Once everything is revealed and things take off, I will almost feel bad for people like you since I believe you had said you dumped your shares. If you truly believe this is all a scam you should dump your shares, since this is not your typical pinky pump 'n' dump and won't move until Greg feels everything is in place. Either way GLTY....GLTA.
Here is where we can find Greg on October 19, 2012. Look under the moderators on the What’s Next: Movement—People, Goods, Services roundtable, about half way down the page. Anyone here live near Denver?
http://www.ulifall.org/program/friday/
Latest update on Tepoz trademark, in case this is a valid deal with BFHJ. Hopefully this is dismissed soon as I still feel this is one of the things holding up the website. GO BFHJ!!!!
http://ttabvue.uspto.gov/ttabvue/v?pno=92055671&pty=CAN&eno=8
Weird...the last trade I see on BFHJ was 7618021 shares for 0....anyone else see that or is it just my ETrade Pro acting up?
EDIT: Ok now there was just a trade for 1,000,000 at .0001....was really strange.