BEVERLY HILLS GROUP, INC. ANNOUNCES DIRECTOR AND OFFICER CHANGE AND NEW SYMBOL (BHGI)
BEVERLY HILLS, CA – BEVERLY HILLS GROUP, INC. (“the Company”) (OTC:MHFM – MHFMD, soon to be BHGI) The symbol for BEVERLY HILLS GROUP, INC. will remain the old symbol for a period of a few more days in accordance with FINRA rules and regulations. Following that period, the new symbol for BEVERLY HILLS GROUP, INC. will become BHGI.
Effective July 15, 2014, the Board of Directors has accepted the resignation of Paul Shively as Chief Financial Officer, Secretary, Treasurer and as a Director.
Jacob Thomas, our current Chairman and a Director, will assume the position of interim Chief Financial Officer, Secretary and Treasurer.
FORWARD-LOOKING STATEMENTS
This press release may contain a number of forward-looking statements. Words, and variations of words such as "expect," "goals," "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; growth 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, continued consumer weakness, weakness in economic conditions and tax law changes.