Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Goodmorning "le2dynasty"
Goodmorning BCAP!
hi Blue!!!
i've missed you!!
Pink Lady
Notification of late filing
ANTICIPATED FILING DATE : 20 MAY 2014!!!
Signature: Chris Clarke
Pinky
just marihuana shareholders who jumped out...
the float is only 25 millions so it goes down fast and looks like dumping....
but stay around when this go up... it goes up really really fast!
Sorry Angel no dumping here. That was me who bought 110 000 shares at the ASK!!
Hi Jimmirehman,
Didn't see you here before? are you a real bcap fan like us? What do you think about the future of this company?
Pink Lady
Big day today!!!
Yes, I think you are right!
Sorry but 125 million is 5%, you only have 4%.....
hi birdys,
Glad to see ya here. Good luck with buying your 9%! I own 11% That means between now and 2 months you and me are having a party!!
yes good news, I think Matt has to delay his fillings because he wait for RIGH to go first, then CYBK and then BCAP....
NEWS RIGH
LOS ANGELES, Mar 28, 2014 / OTC Disclosure & News Service / -- BG Medical Technologies, Inc. (OTC: RIGH) has submitted appropriate filings to upgrade its status on OTC Markets.
The current filings are expected to immediately upgrade the company to OTC Pink Limited. The company will follow this action by filing financial reports to amend the public entity to OTC Pink Current.
Company CEO, Angel Stanz stated, ?Through the steadfast actions of expert advisors and devout shareholders, we have reached a transformative milestone. By popular demand, the company is increasing transparency. We are committed to being open and fair in our communication with the public and shareholders as much as possible for our unique and growing industry. We have hired Securities Compliance Group, Ltd. to guide us in this process, and we will continue to work with them to find additional ways to improve.?
The new reports contain news of the completed transformation from RightSmile, Inc. to BG Medical Technologies Inc., clearing the way for the company to actively focus on filing with FINRA for its name and symbol change. All significant share positions and all debt positions related to pre-merger RightSmile management have been neutralized and resolved. These accomplishments have resulted in a corporate domicile change, relieved share positions, and restricted share positions. This good news reveals that the company?s number of authorized shares leaves no room for the issuance of new stock.
hi health, i personally think you made a wise investment...
And the people who don't believe that someone can invest €100000 in BCAP : well i have 250 mill shares here, so Health is not alone...
And i know we will do well.... and drink champagne!!
Yes i had 50 million shares of RIGH at an average of 0,0002 I got scared when it was out of the trips and sold at 0,0010...
Did i regret that!!! i am angry with myself that i didn't hold!! I will not make that mistake again with BCAP. I am here with a lot of shares and i plan to hold on. More i am planning to follow GROWTHSTOCK's idea and buy more on monday!
Hi,
Yeah still holding..... i bought a year ago lots and lots of shares at 0,13 But i averaged down to 0,05....
hey Le2dynasty!!! Nice to see you here. I missed you... Are you still in BCAP? or looking to jump in?
bar chart: STRONG BUY!
when do they have to cover? How much time they still have?
that's why i don't post much.... i am very confident bcap and all his shareholders will do just fine!
Nice weekend everybody!!
I have still mine...
Everything you wanted to know:
$BCAP Due Diligence
Here is everything BCAP has done since just prior to the name change and beyond (with future updates covering the most recent events still pending), this information is drawn from the latest quarterly filing & annual report posted on the OTC Markets Website:
In April the Company filed reinstatement documents with the State of Florida bringing the
corporation back to an active status.
In April the Company paid the filing fee with Pinksheets.com to allow the Company to post
current information.
In June the Company amended its Articles of Incorporation to reduce the number of
Authorized shares of its Common stock from 100 billion to 5 billion and changed the Par
value from $.00001 to $.0001.
In June the Company announced it was planning on completing a merger in a multi billion
dollar industry.
In July the Company amended its Articles of Incorporation to reduce the number of
Authorized shares of its Common stock from 5 billion to 3.5 billion shares.
In September the Company amended its Articles of Incorporation to reduce the number of
Authorized shares of its Common stock from 3.5 billion to 1.6 billion shares.
In September the Company amended its Articles of Incorporation to enact a name change to
Baron Capital Enterprise, Inc., to go effective November 1, 2011.
In September the Company announced it would be creating a Non Convertible Preferred
stock, which it will use to raise funds for the Company.
In September the Company achieved a Current Information status “PK” on
www.otcmarket.com
In September the Company formed a new wholly owned subsidiary Baron Capital Holdings,
LLC, which is the Managing Member for two other wholly owned subsidiaries; Baron
Capital Securities, LLC, Baron Capital Clearing Agency, LLC
In September the Company reached an agreement with the majority of Note holders whereby
the Note holders forgave the balance of the debt owed to them including any accrued interest.
In September the Company entered into an agreement to acquire $500,000 worth of
convertible debt in two separate public companies in exchange for 62,500 shares of its Series
AA Preferred stock.
In September the Company acquired Baron Capital Transfer and Registrar, LLC a startup
transfer agency.
In October the Company amended its Articles of Incorporation to reduce the number of
Authorized shares of its Common stock from 1.6 billion to 1.4 billion shares.
In October the Company sold its control block of 800,000 shares of Series A Preferred stock
in RightSmile, Inc, back to the Company for $200,000. The terms of the transaction state; all
payments and interest have been deferred until July of 2012 at which time RightSmile can
either pay the Company cash or elect to pay off the Note in equity.
In October the Company amended its Articles of Incorporation to increase the number of
Authorized shares of its Common stock from 1.4 billion to 2.4 billion shares.
In November the Company filed with the State of Florida to change the name of the
Company from 247MGI, Inc. to Baron Capital Enterprise, Inc.
In December the Company received notice from FINRA that the name of the Company
would be officially changed within the public markets to reflect the amendment made with
the State of Florida in November and a new ticker would be assigned (“BCAP”).
In December Baron Capital Transfer and Registrar licensed software from TS Partners, Inc to
run and operate Baron Capital Transfer and Registrar the software was installed in late
December.
In December the Company worked with programmers to design the functionality of an
“ATS” an Alternative Trading System which would be the first of its kind for debt
instruments. The Company has not begun development since it does not have a broker
dealer, which would be needed to successfully launch the system.
In January the Company issued 230,000,000 shares of its Common stock under rule 504 to
Fairhills Capital for $25,000.
In January the Company began working with two private companies and has made a few
small loans to one company.
In January Baron Capital Transfer and Registrar paid KFS Technologies $800 for an Annual
subscription fee for the Medallion Program.
In February Baron Capital Transfer and Registrar became a member of the Securities
Transfer Association (STAI.ORG).
In February Baron Capital Transfer and Registrar obtained insurance coverage from Crump
Insurance Services, Inc.
In February Baron Capital Transfer and Registrar purchased a Medallion Stamp Reader from
Hampton Technologies.
In late March the Company was able to obtain a brokerage account and has begun liquidating
a small portion of its investments within this account.
During March 2012, the Company purchased 10,000 shares of stock of an unrelated entity as
trading securities valued at the market price of $12,233. During April 2012, the Company
sold these shares for total proceeds of $11,095, recognizing a loss on sale of $1,138 during
the six months ended June 30, 2012.
In April and May the Company assigned to a third party $12,000 of convertible debt in one
entity and has received $7,200 in payment to date.
In July the Company and RightSmile, Inc. (“RIGH”) entered into a series of Amendments to
Convertible Notes dated between January 2010 and January 2012. The parties agreed to
exchange approximately $213,000 in aged debt earning interest at 18% per annum for
750,000,000 free trading shares of RIGH. The parties further agreed to amend the terms of
the remaining loans entered into in 2012 totaling less the $40,000, which would reduce the
conversion rate to 25% of the average closing bid price for the previous 10 trading days or
RIGH has the ability to pay the loan in cash prior to conversion. The Note dated October 18,
2011 for $200,000, the parties agreed to forgive all accrued interest and give RIGH the ability
to pay the loan back in cash prior to conversion. Currently the parties are working on an
agreement to extend the Note due on October 18, 2012 until January 18, 2013 in exchange for
the Company receiving a lump sum cash payment on that date.
In July the Company assigned the available debt in RIGH convertible to a third party for
$75,000, but because the RIGH was not able to file its financials and restore the entity to a
“Limited Information” until recently. The proceeds of the sale have not been recorded as of
this filing. This was done because of the cost of depositing and executing transactions
because of the Chill Status from DTC.
In September the Company retained the services of Broadridge Financial Solutions, Inc. to
complete a mailing and count for a shareholder Consent to Restate the Articles of
Incorporation and Amend the Corporate By-Laws restricting the Company from increasing
the Authorized shares or performing a Reverse Split on the Common stock until July 1, 2014,
as of this filing the ballots are still being tallied.
In September the Company acquired majority control of a private entity with 45 existing
shareholders. The entity has 25 million shares authorized and Baron plans to complete a small
equity raise and file an S-1 registration to register no more then Ten million (10,000,000)
shares that will be sold with a floor of $.25 per share. After the equity raise Baron will
maintain its majority ownership of the entity. The shareholders of Baron who participated in
the bridge loans will receive their investments back and equity in the new entity. The
purpose of the new entity is to raise capital after the entity completes its S-1 filing at much
higher levels with limited dilution to the entity. The funds will be used to purchase operating
brokerage firms and operating transfer agency services. Since Baron will own over 50% of
the new entity the financials will be consolidated and shareholders of Baron will benefit from
the operations of its subsidiaries. The new entity will have strict restrictions on
management’s ability to increase the Authorized shares or perform a reverse split.
In September the Company executed an LOI to purchase an operational stock transfer
company to be merged into its new subsidiary. The Company anticipates closing the
transaction near the end of October 2012. The terms are for cash and equity in the new entity.
This acquisition helps bridge some gaps the Company has had in operating its transfer agency
such as personnel with operational experience, compliance knowledge, and standard
operating procedures in place. As part of the acquisition current management will remain and
relocate to Florida once the S-1 goes effective. The name of transfer agency will change to
“Baron Capital Transfer and Registrar” after the relocation takes place at which time an
application to DTC to be part of the FAST program will be made.
In September the Company entered into an agreement to transfer ownership in a few domain
names and websites controlled by the Company in exchange for the return of 63,000 shares of
the Company’s Preferred Series AA. The Preferred was issued last year in exchange for the
debt purchased in RightSmile, Inc. and Trans Global Group, Inc. with the return of the 63,000
shares of Series AA Preferred. This will eliminate the conversion of the 63,000 shares of
Series AA into 630,000,000 million shares of Common stock after July 1, 2014.
In September the Company’s consultant as of the date of this filing has delivered to the
Company’s auditors revised fiscal years 2007, 2008, 2009, and 2010 the delivery of 2011 is
expected to be completed within the coming days. Starting with this report moving forward
all reports will be prepared by our consultant for review by the Company and the auditors
after the prior years audits are complete. We will engage our counsel to begin preparing the
S-1 filing in October which we should have filed prior to the end of 2012. Once the S-1 has
been filed Baron will become a volunteer filer with the SEC until the S-1 is approved.
In September the Company acquired a second private entity with 45 shareholders to be used
with a client the Company is close to securing.
(BCAP will need to update shareholders on the events since this point)
Here is additional DD:
BCAP ~Serving $100 Billion Small-Cap Market, DD with links~
1) BCAP-Baron Capital was created to service small-cap markets, valued at over $100 billion dollars through the OTC market on an annual basis, but Wall Street is backing away.
Over the past several years, regulatory changes that were meant to help protect investors have caused small-cap companies to hit a wall when attempting to raise capital.
Baron Capital, through its wholly owned subsidiaries, will create a one stop shop for small-cap companies and investors to use the public markets to raise capital and trade the stocks of companies at this market level.
Baron Capital will grow and change within this new environment from which it must develop, but as it prospers, so will the opportunities for investors and companies.
2) BCAP is made up of several subsidiary
Baron Capital Transfer & Registrar - Baron Capital Transfer & Registrar is a registered professional, full service stock transfer agency with the ability to offer a competitive cost savings structure. We are dedicated to providing the finest corporate services to clients nationwide.
SEC filing ~~Baron Capital Transfer & Registrar~~ TA-1 form http://www.sec.gov/Archives/edgar/data/1523158/000152315811000004/xslFTAX01/primary_doc.xml
Baron Capital Clearing Agency - Baron Capital Clearing Agency (BCCA) once created will seek to provide an efficient means of clearing and settlement of securities primarily focusing on the small-cap marketplace. Baron Capital Clearing Agency will look to register itself as a clearing agent to service the small-cap market. There are over 6,000 companies within this marketplace and new companies are looking to enter every day. BCCA will implement a streamlined model that will approve the majority of penny stocks for transfer through a centralized, automated system similar to the electronic system they are being locked out of today.
Baron Capital Securities – Plans to operate two separate brokerage firms, one a self clearing trading firm to execute and clear trades for its own trading and provide clearing services to other firms. The second firm would enable small cap investors to open accounts and buy/sell small cap securities online even deposit securities. Currently, there are no operating brokerage firms inside of the Issuer nor does the Issuer dispense investment advice.
Baron Capital Market Place - Plans to create an alternative market place offering companies the ability to list and trade without being labeled for whether or not they pay a fee. As long as the company makes current information available to the public and certifies the information to be true and accurate, placing the burden on the company to insure it is not misleading the public is the best, self-governing option.
Baron Capital Bank – Once registered with the appropriate governing regulators, will work with existing clients to further meet the needs of the small-cap market. If a company at the cusp of readiness to go public had sufficient capital it could increase revenue to achieve a higher valuation. Baron Capital Bank wishes to fulfill the desires of all clients by servicing their needs appropriately. Currently there is no bank in place or plans to purchase or operate a bank at this time.
Page 11
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=91991
--- THE SHARE STRUCTURE WILL BE FROZEN UNTIL July 01, 2014 ---
3) Baron Capital Passes Consent To Freeze Share Structure And Prevent A Reverse Split On Its Common Shares Until July Of 2014
News out on Oct 18, 2012
http://www.prnewswire.com/news-releases/baron-capital-passes-consent-to-freeze-share-structure-and-prevent-a-reverse-split-on-its-common-shares-until-july-of-2014-174761221.html
The Company uploaded the new By-Laws to
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=92698
=============================================================
BCAP~ Shares freezed: The Florida SOS filing
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=S68597&inq_came_from=NAMFWD&cor_web_names_seq_number=0005&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=BARONCAPITAL&names_filing_type=
==========================================================
~~ PROOF With LINKS SHARE STRUCTURE THE SAME LAST 2 YEARS ~~
(i) Common for the period ending March 31,2012
Shares Authorized: 2,400,000,000
Shares Outstanding: 2,362,355,947
Public Float:2,362,355,947
FIRST PAGE
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=79586
------------------------------------------------
Common for the period ending June 30, 2012
Shares Authorized: 2,400,000,000
Shares Outstanding: 2,362,355,947
Public Float: 2,362,355,947
First page
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=91991
as of AUGUST 2014 SHARES STRUCTURE IS THE SAME.
=====================================================
BCAP has 1,578 shareholders
http://www.marketwatch.com/story/baron-capital-completes-acquisition-of-new-subsidiary-to-house-transfer-agency-and-brokerage-services-2012-09-21
============= 3.25 MILLION DOLLARS COMING ==============
4) BCAP acquired majority control of a private entity with 45 existing shareholders in September 2012.
The entity has 25 million shares authorized and Baron plans to complete a small equity raise and file an S-1 registration to register no more then Ten million (10,000,000) shares that will be sold with a floor of $.25 per share.
After the equity raise Baron will maintain its majority ownership of the entity. The shareholders of Baron who participated in the bridge loans will receive their investments back and equity in the new entity.
The purpose of the new entity is to raise capital after the entity completes its S-1 filing at much higher levels with limited dilution to the entity. The funds will be used to purchase operating brokerage firms and operating transfer agency services. Since Baron will own over 50% of the new entity the financials will be consolidated and shareholders of Baron will benefit from the operations of its subsidiaries. The new entity will have strict restrictions on management’s ability to increase the Authorized shares or perform a reverse split.
Page 10
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=91991
------------ HERE IS THE CALCULATION ----------------
Virgin shell: ABCD nominal ticker symbol
Share structure = 25M A/S
Total shell valuation = 25M x $0.25 = $6.25M
Shares to be sold by BCAP to raise liquidity = 10M or less
Minimum price point = $0.25
Capital raised to finance operations and acquisitions = $0.25 x 10M shares = $2.5M
Shares estimated to be owned by "funding shareholders" = 1-2M
Shares owned by BCAP after share sale and funding shareholders = 25M - 10M - 2M = 13M
13M shares @ $0.25 = $3.25 MILLION
$3.25M = net asset on BCAP's book
One tick in BCAP = $236k
Therefore $3.25M / $236k ~ $0.0014 net asset on $BCAP's book.
Add to that $280k current net assets ~ $0.00012
Virgin shell valuation could be higher than this if less shares are sold and if the shares are sold for more than the $0.25/share minimum. Essentially it's a worst case net asset scenario based on what's currently known in the Q2, 2012 Quarterly.
http://www.marketwatch.com/story/baron-capital-completes-acquisition-of-new-subsidiary-to-house-transfer-agency-and-brokerage-services-2012-09-21
5) BCAP executed an LOI to purchase an operational stock transfer company to be merged into its new subsidiary.
The Company anticipates closing the transaction near the end of October 2012. The terms are for cash and equity in the new entity. This acquisition helps bridge some gaps the Company has had in operating its transfer agency such as personnel with operational experience, compliance knowledge, and standard operating procedures in place. As part of the acquisition current management will remain and relocate to Florida once the S-1 goes effective. The name of transfer agency will change to “Baron Capital Transfer and Registrar” after the relocation takes place at which time an application to DTC to be part of the FAST program will be made.
Page 10
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=91991
http://www.marketwatch.com/story/baron-capital-posts-second-quarter-report-execute-loi-to-acquire-operating-transfer-agency-2012-09-28
6) CEO will remove any and all accruals off the balance sheet the period ending September 30, 2012.
The Company’s President has an Employment Agreement that runs through the end of 2012 in the past the Company has been able to either write off the expense or issue shares in exchange, since the Company is going through the audit process the auditors will not allow the Company’s President to work for free which is why in this report a large salary shows for the first six months, but this amount has not been paid. It is the intention of the Company its President the auditors to work out a solution for the period ending September 30, 2012 which will remove any and all accruals off the balance sheet.
page 9
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=91991
7) BCAP can collect enough operating capital from its various loans outstanding that it no longer needs to engage in short term loans. The Company currently has sufficient receivables to cover all of its obligations.
Item 5 Legal Proceedings: None
Item 6 Defaults upon senior securities: NA
page 12
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=91991
8) BCAP is preparing to move up OTCBB market
Baron still plans on completing its own audit and filing an S-1 to move up to a higher exchange.
http://www.marketwatch.com/story/baron-capital-completes-acquisition-of-new-subsidiary-to-house-transfer-agency-and-brokerage-services-2012-09-21
We will engage our counsel to begin preparing the S-1 filing in October which we should have filed prior to the end of 2012. Once the S-1 has been filed Baron will become a volunteer filer with the SEC until the S-1 is approved.
Page 10
http://www.otcmarkets.com/financialReportViewer?symbol=BCAP&id=91991
DONE, PROOF WITH FLORIDA SOS LINK
BCAP~ Shares freezed: The Florida SOS filing
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=S68597&inq_came_from=NAMFWD&cor_web_names_seq_number=0005&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=BARONCAPITAL&names_filing_type=
========== EXPECTED NEWS AS OF LAST PR'SSS BELOW LINKS ============
~~ Update on the Audits,
~~ Transfer Agent Acquisition,
~~ S-1 for Baron, and Audit for the Subsidiary,
~~ write off of accumulated salary.
============== RECENT NEWS ==================
Baron Capital Passes Consent To Freeze Share Structure And Prevent A Reverse Split On Its Common Shares Until July Of 2014
(Oct. 18, 2012 /PRNewswire)
http://www.prnewswire.com/news-releases/baron-capital-passes-consent-to-freeze-share-structure-and-prevent-a-reverse-split-on-its-common-shares-until-july-of-2014-174761221.html
Baron Capital Issues UpdatePR Newswire (Thu, Oct 11)
http://finance.yahoo.com/news/baron-capital-issues-120000696.html
Baron Capital Posts Second Quarter Report; Execute LOI To Acquire Operating Transfer Agency PR Newswire (Fri, Sep 28)
http://finance.yahoo.com/news/baron-capital-posts-second-quarter-150000562.html
Baron Capital Completes Acquisition Of New Subsidiary To House Transfer Agency And Brokerage Services PR Newswire (Fri, Sep 21)
http://finance.yahoo.com/news/baron-capital-completes-acquisition-subsidiary-180100051.html
Baron Capital Issues Update On Consent Newswire (Wed, Sep 19)
http://finance.yahoo.com/news/baron-capital-issues-consent-203100242.html
Baron Capital Moving Forward PR Newswire (Thu, Sep 6)
http://finance.yahoo.com/news/baron-capital-moving-forward-163000489.html
Baron Capital To Post Significant Reduction In Liabilities PR Newswire (Tue, Aug 28)
http://finance.yahoo.com/news/baron-capital-post-significant-reduction-155800132.html
http://finance.yahoo.com/q/h?s=BCAP+Headlines
===============================================
CONTACT NUMBERS AND MAILS
Baron Capital Enterprise, Inc.
1500 W Cypress Creek Road
Suite 414
Fort Lauderdale, FL 33309
Phone: 954-623-3209
Investor Relations: matt@bcapent.com
well said!! thank you!
BARCHART : STRONG BUY!!
you call that a huge ASK???!
What is the bid and ask, please?
thx!! looks like fake wall at 4
How much is bid? how much ask at 3? and at 4?
i have already 50 million, but yeah i will buy the last 5 million at 0.0003
that's great!! super!
I had planned to buy some more today, I never could dream that i get them at 0.06!!! Tralalala i 'm so happy
dank u maar was ondertussen naar zijn historiek gaan kijken en had al dezelfde conclusies getrokken.
Probeer hem via de andere site te bereiken.
Toch bedankt! en de beste wensen!
Ben ook benieuwd welke cadeau onze winnaar zal krijgen lol
thank you PC :-*
Any idea how much longer Matt needs?
that was me
hey Seven,
Zit je in DNYS?
Weet je dat die nauw verbonden is met BCAP?
groetjes
Super!!! Go Robinvest Go!!
I bought some more today!!
GO BCAP!
you are so wrong, what you see is the beginning of something big. It is all starting at this very moment. Nobody is holding the bag, this baby is going to go up and up and up..... Mark my words.
GO BCAP
Hi Philcheeze,
I can't wait til the end of the week. in the meantime i will slap the ask little by little.
Have a nice day, have a nice week with BCAP!!
old news
I've you want to say something then say something that nobody here already knows!