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.
 

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