Beverly Hills Group, Inc. (BHGI) Shareholder Update / Letter from the Chairman of the Board
July 26 2016 - 8:20AM
InvestorsHub NewsWire
Shareholder Update / Letter from The Chairman of the
Board
BEVERLY HILLS, CA -- July 26, 2016 -- InvestorsHub NewsWire --
Beverly Hills Group, Inc. (OTCPK:
BHGI), Issues This Shareholder Update:
To All BHGI Shareholders:
This a follow up to our last Shareholder Update.
Since our last communication, there has been a significant amount
of activity on the company level.
In particular, we are moving forward with an expansion of
On-Comercio. This is a niche banking company that installs
Point of Sale (PoS) units in convenience stores and provides them
with banking services, credit card services, domestic and
international shipping and inventory management/ordering services.
In addition, these units can be used to pay tax and utility bills.
On-Comercio will earn a percentage of each transaction.
Our immediate goal is to expand our On- Comercio footprint.
We are happy to announce receipt of the first order of tablets and
are in various stages of implementation. We are very excited that
the training and installation of these initial tablets is well
underway!
In our next letter we hope to be able to provide details regarding
our business acquisitions and the progress of uplisting to a higher
exchange. As always, we are thankful for your ongoing
patience as we work towards our objectives.
Until then, I am, Sincerely Yours,
Jacob Thomas
Chairman of the Board
Beverly Hills Group, Inc.
FORWARD-LOOKING STATEMENTS
This
shareholder update may contain a number of forward-looking
statements. Words and variations of words such as: "expect”,
"goals", “could”, "plans", "believe", “continue", "may", "will" and
similar expressions are intended to identify our forward-looking
statements, including but not limited to: our expectation for
growth, benefits from brand-building, cost savings and
margins.
These
forward-looking statements are subject to a number of risks and
uncertainties, many of which are beyond our control, which could
cause our actual results to differ materially from those indicated
in our forward-looking statements. Such factors include, but are
not limited to: continued volatility of, and sharp increase in:
costs/pricing actions, increased competition, risks from operating
internationally, consumer weakness, weakness in economic conditions
and tax law changes.
Full Alliance (PK) (USOTC:FAGI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Full Alliance (PK) (USOTC:FAGI)
Historical Stock Chart
From Nov 2023 to Nov 2024