Replies to post #75928 on Beneficial Holdings Inc (BFHJ)

[wplong89]

"Beneficial Holdings' affiliates will be making the application no later than March 31, 2012. The affiliates will engage BDF Bank and Assa Insurance Company as to the letters of credit in favor of INTUR for the new program".

Q4 expected any day now as well

Risky time to be playing games. Co will start having to make fast moves in Nic/LV.

"The licensing scheme will enable Beneficial Holdings' affiliates to quickly establish new locations without apprehension since the central licensing scheme will be in place. This will allow for rapid growth and additional locations in the second and third quarter of 2012. Beneficial affiliates have been in negotiations for several new locations, but have held back because of uncertainty as to whether new regulations would adversely affect its investments. Now Beneficial can proceed with capital infusions into the lucrative Nicaraguan market". GO BFHJ!