BIH Corporation (fka BIHC)

[coaldollars]

Agreed From June 23 PR;

BIH Corporations Board has determined that the best course of action was to have its corporate counsel engage in dialog with the private investor/groups offer through their counsel to determine exactly what they are attempting to achieve. The objective has been identified; the unsolicited offer by the private investor/group is an interest in BIH Corporation's subsidiary Baron International, and the investors have indicated that they would like to play a role through either a large investment position or even a complete buyout.