BFHJ VISIT FROM STOCK PROFESSOR:
BOOM, acquisition coming: Beneficial Holdings, Inc. (Pink Sheets: BFHJ) updates shareholders that it increased the authorized number of common shares to 1,128,850,000 in anticipation of asset and debt restructuring including a prospective acquisition and establishment of a gaming location within a major shopping facility in Nicaragua. The Company's agents and affiliates are currently having the location reviewed by the Nicaraguan National Police to determine what changes need to be made to acquire licensing approval. All gaming locations must be approved by the Nicaraguan National Police and the Nicaraguan Institute of Tourism.
The Company will announce further details as soon as information is obtained.
These locations will be in addition to the Company's present location and its websites www.bet.cr and www.sportsbook.cr .
Dated this 23rd day of June, 2011, in Managua, Nicaragua.
