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Pipa

05/26/11 9:15 AM

#51802 RE: TradingSW #51801

Read Gatsbys post #51798
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Gatsby

05/26/11 9:24 AM

#51804 RE: TradingSW #51801

Beneficial Holdings (Nevada) is a holdings Company.
As per their website, they own the subsidiaries in Nic:

"Grupo Beneficial, S.A. 97% owned by Beneficial Holdings, Inc. Operates the Company's gaming sites in Nicaragua such as the Vereda Tropical and Buchona gaming locations. It is currently in negotiations for several acquisitions. Owns the www.bet.cr internet domain name that will house the Company's forthcoming online casino for non-U.S. residents.


Recreaciones Beneficial, S.A. 97% owned by Beneficial Holdings Inc. Owns Hotel Beneficial Managua free and clear. Entered into a 50/50 joint venture to build a hotel/casino in El Crucero, Nicaragua.

"

Regarding Beneficial Property adn Beneficial Marketing, I suppose they are subsidiaries as well.
Reading old PR's:

http://ih.advfn.com/p.php?pid=nmona&article=44687930
"Beneficial Holdings, Inc. (PINKSHEETS: BFHJ) announced today that its subsidiary Beneficial Marketing, in conjunction with Grupo Beneficial, will focus on establishing a very aggressive campaign to sign affiliates and partners to market its bet.cr by Beneficial casino. "