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Beverly Hills Group, Inc. (BHGI) Shareholder Update / Letter from the Chairman of the Board
Beverly Hills Group, Inc. (BHGI) Shareholder Update / Letter from the Chairman of the Board.
About this update from Full Alliance Group, Inc.
[{"type":"text","content":"BEVERLY HILLS GROUP,\nINC.\n\nShareholder Update /\nLetter from The Chairman of the Board\n\n BEVERLY\nHILLS, California, April 8, 2016-- Beverly Hills Group, Inc. (OTCPK: BHGI), Issues\nThis Shareholder Update:\n\nTo All BHGI Shareholders:\n\nThis a follow up to our 8K filing on Monday April\n4th, 2016, in which we announced the filing of Beverly Hills Group, Inc.’s\n(BHGI) 2013 and 2014 audited financials, it is my pleasure to inform you of our\nprogress and the positive steps BHGI has taken to improve shareholder value. \n\nBeverly Hills Group Inc. is a holding company\nwhich is focused on economic growth in Mexico and will provide investors a\nunique exposure to this growth. Mexico is a major beneficiary of unexpected\neconomic expansion in the U.S. and is benefiting from reforms made by the\ngovernment of President Enrique Peña Nieto. Since his election in 2012,\nPresident Nieto’s administration has concentrated on economic liberalization\nand reform. The most dramatic reform, among several, was the opening of\nthe energy sector in Mexico to foreign investments.\n\nOn July 6, 2015 BHGI, then a Grey Sheet company,\nannounced FINRA approval of their 15c211 filing, which cleared the way for the\nPink Sheet “Current” uplist. \n\nOn August 12, 2015 BHGI announced an agreement\nwith a private company to acquire various subsidiaries, with operations in\nretail stores, wholesale distribution, construction, real estate development,\nbanking, sand and gravel mining and financial services. \n\nDuring 2015, BHGI engaged BDO International to\naudit the Mexican corporations and subsidiaries as well as Procopio Cory\nHargreaves & Savitch as their International corporate law firm to assist\nwith the finalization of the acquisitions. \n\nI realize the past few months have been\nchallenging to shareholders because of limited communication. Rest assured, we\nhave been working diligently and very hard behind the scenes. Due to events out\nof our control, our shareholder communications temporarily came to a halt. That\nall changes, here and now.\n\nCommunication with our shareholders is very\nimportant to me and to our ...