"increase-without-value-added-on-the-financials-to-offset-the-share-issuance, that is called dilution"
really? no value added on?
9. SUBSEQUENT EVENTS On February 15, 2017 the Company entered into an agreement to acquire DiMora Pods, Inc., a manufacturer and distributor of customizable, state of the art, modular hydroponic systems, based in Palm Springs, California. On May 4, 2017 the Company, under the terms of the agreement to acquire DiMora Pods, Inc., issued 23,500,000 Warrants to the directors of DiMora Pods, Inc., in preparation for the closing. On May 5, 2017 the directors of DiMora Pods, Inc., delivered notice to the Company to exercise a portion of their warrants, 3,000,000 common shares is currently being issued to them.
Beverly Hills Group Inc. (BHGI) is pleased to announce the advancement of approximately $1.4 million dollars funded to date, from a third party to Grupo Richard-Operadora in preparation for the closing of the remaining acquisitions and assets.
MADECASHONHMGP said:
definition of a holding company: hold·ing com·pa·ny 'holdiNG ?k?mp(?)ne/Submit noun noun: holding company; plural noun: holding companies a company created to buy and possess the shares of other companies, which it then controls.