Business
Shareholder Newsletter
Shareholder Newsletter.
About this update from Full Alliance Group, Inc.
[{"type":"text","content":"BEVERLY\nHILLS GROUP, INC.\n\nShareholder\nUpdate / Letter from The Chairman of the Board\n\nBEVERLY HILLS,\nCalifornia, May 4, 2016-- Beverly Hills Group, Inc. (OTCPK: BHGI), Issues\nThis Shareholder Update:\n\n \n\nTo All BHGI\nShareholders:\n\nThis a follow up to our\nlast Shareholder Update from a month ago, which discussed the filing of the\n2013 and 2014 audited financials with year 2015 expected in the near future.\n\n\n \n\nAt that time, we stated\nthat one of our goals as a Board of Directors was to increase company\ncommunications, which is why we hope to publish regular Shareholder Letters\nmoving forward.\n\nSince our last letter\nfrom April 8, 2016, BHGI hit its first acquisition milestone: Operadora\nde Servicios, which is one of several arms of the conglomerate Grupo\nInternational Richard. This is an exciting first acquisition, as\nOperadora has both retail management and wholesale distribution.\n\n \n\nThe second planned\nacquisition will become BHGI’s construction asset, and has experience in\nremodeling and building retail stores. As was the case with Operadora,\nthis construction arm has been in discussions with the Mexican Government to\nparticipate in various infrastructure projects.\n\nWe then announced\ndetails regarding the third acquisition: On Comercio. We are particularly\nexcited about this asset, as third-party analysis projects $42M in revenue\nwithin a couple of years. Applying standard valuation to these\nprojections, and conservative expansion of the footprint, management expects\nthis asset to reach a valuation in the $100s of millions, and potentially in\nexcess of $1B.\n\nWe hope to be able to\nmake several more exciting announcements shortly and we appreciate your\npatience. As mentioned in the last letter, we expect to acquire a fourth\nasset and will provide additional details as we get closer to the final stage.\n\nIn summary, BHGI will\ncontinue to move forward with acquiring assets to increase company value for\nour share...