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Saturday, May 14, 2016 1:08:32 PM
This is why all the dumping has occurred and diluting all here
No wonder O/S went from 78 mill and increased to 118 million
all scratch their heads on where shares are coming from and why pps at 2 cents where the conversion price is $0.0025 per share
http://www.otcmarkets.com/financialReportViewer?symbol=BHGI&id=151916
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.
5. RELATED PARTY PAYABLE
As of December 31, 2015, the Company had related party payables in the amount of $832,112.
During the three months ended December 31, 2015, a related third party made advances and directly paid
Company expenses. The related party is controlled by the major shareholder of the Company. The Company issued
convertible promissory notes which accrues interest at 6% per annum and permits the holder to convert principal,
excluding any accrued interests, into shares of common stock at a conversion price of $0.0025 per share.
All my posts are I M H O Please do your own DD before buying or selling !! $$$$$$$$$$$$
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