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Someone is forcing the price down with very small bid sells.
DIVIDEND NEWS OUT:
BARON CAPITAL TO ISSUE 1 : 200 SPECIAL DISTRIBUTION IN CANNABIS CONSORTIUM, INC.
Source: InvestorsHub NewsWire
Dividend of 1 share of Cannabis Consortium, Inc. (TGGI) for every 200 shares of BCAP Common owned
Coconut Creek, FL -- October 19, 2016 -- InvestorsHub NewsWire -- Baron Capital Enterprises, Inc. (OTCPK: BCAP) is pleased to announce a special share distribution to all Baron Capital Common shareholders. The distribution will consist of one (1) share in Cannabis Consortium, Inc. (OTCPK: TGGI) for every 200 BCAP Common shares held on the record date.
Baron Capital acquired the control block of Trans Global Group Inc. (OTCPK: TGGI) from its former sole officer and director on October 6, 2016. The acquisition and name change to Cannabis Consortium, Inc. is a fresh start for TGGI as the Company enters the marijuana market.
As Baron Capital grows, it is able to share its financial success with BCAP Common shareholders. Baron Capital has held debt and Common shares in TGGI since 2011.
On October 18, 2016 Baron Capital filed an Amendment with the State of Florida to change the name of Trans Global Group Inc. to Cannabis Consortium, Inc., along with a change to TGGI's share structure.
The State of Florida Amendment reduces TGGI's Authorized Common shares from 10.6 billion to 250 million shares. TGGI's Preferred shares will change from 1.5 million to 1 million. A 10,000 to 1 reverse split for TGGI has also been filed in the Amendment. All changes are scheduled to go effective on, or about, November 7, 2016.
BCAP is making an application to FINRA to change TGGI's name and ticker symbol. After the new name and ticker symbol with FINRA become effective Baron Capital will announce a record date and pay date for the Cannabis Consortium, Inc. distribution.
Baron shareholders shall receive one (1) share in Cannabis Consortium, Inc. for every 200 shares of BCAP held on the record date. As an example if you own 1 million shares of Baron on the record date you will receive 5,000 shares of Cannabis Consortium, Inc. A press release will be issued on a national wire service with this information.
Management successfully issued a dividend to shareholders in 2004 http://tinyurl.com/zheqzcz and the announced Cannabis Consortium, Inc. distribution benefits all BCAP Common shareholders.
Baron Capital will also be offering shareholders the opportunity later in the year to exchange a portion of their BCAP Common shares for shares in White Financial prior to White Financials S-1 being filed.
Further updates on Baron and its subsidiaries will follow in the coming weeks.
Baron will continue to use newswire services, but will also begin taking advantage of social media outlets and its own website to disseminate Company news.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Contact:
Matthew Dwyer
954-623-3209
Matt@bcapent.com
With all the DD investors completed, along with Acuant's email confirmation, I'm confident the APO will be completed. It's just a matter of when.
I sent several emails today. If anything comes in I'll post on the board.
Small sells to drop it back to .0006
Keep strong folks. 7's are up and waiting.
I'm pretty sure this is the PR. CEO update:
http://www.growusmj.com/news/
Morning Smitter!
Shouldn't be long. Patient TRONERS waiting.
TRON. Moving Forward ----->
Anyone think their may be a sell-off due to the yearly financials?
On the other end, there is also pending news that's slated to come out tomorrow.
Thoughts?
If I'm correct Annuals will be published tomorrow along with news, from their most recent PR.
BCAP submitted a shareholder update recently on SEPTEMBER 28th dropping the A/S to 2.9 Billion.
http://ih.advfn.com/p.php?pid=nmona&article=72545409
Where are you getting your facts?
Provide proof and links of these "confirmed paid promoters".
Yes, about a year ago. Capital One states not available for purchase. I believe it's because they are not reporting, but a phone call may be needed.
I believe the 21st once FINRA approves. Check the OTC website, I believe the PR us there.
Also another PR along with yearly Financials is coming out shortly next week.
I went to buy a few more shares but Capital One wouldn't let me. I'm not sure it's it because they haven't been filing properly. OTC shows a stop sign. Dissapointing.
Bid: 142,924,327 @.0003
Ask: 94,151,054 @.0004
Bid: 10,000 @ .0012
ASK: 1,902,307 @ .0014
400,000 @ .0017
91,163 @ .0018
Very thin to .0018
If that's the case, it may be difficult to run upwards past .00+.
Let's see what holds for USMJ.
Correction, Authorized increased by 9 Billion*
OTC Markets states 4 Billion as of March. Your saying A/S increased to 9 Billion since then?
With how long it's been taking, I am afraid that the SP may not stay up for long if news does come. Some shareholders have been waiting to get out for so long that some will sell immediatley, IMO.
I'm hopeful, but the news will have to be SUBSTANTIAL for the SP to reach .01+ and stay there.
Much appreciated. Hopefully she pulls through.
Can you post an image of the email?
Likewise.
From the DD posted, along with confirmation from Acuant Corporation, I am confident of TRON.
TRON. Moving Forward ----->
I agree as well.
TRON. Moving Forward ----->
Very good point.
TRON. Moving Forward ----->
From what I observed, the last few weeks had some days of large accumulation. I think investors are just holding and waiting for an update with TRON/FINRA.
Let's see how next week fairs. You may be able to sell.
TRON. Moving Forward -----»
If the A/S is around 1.8 Billion, can TALK's PPS rise dramatically as everyone is hoping it will?
Serious question, not bashing.
From what document is this from? Just so I can also view it.
TRON. Moving Forward ----->
TRON is in the process of an APO/Merger. The reverse split is a recapitalization of the company.
Within the stickied DD, there are examples of companies that have completed the process of APO's/Mergers and have consistently stayed at their post merger price or higher, with the exception of ENUM which is now hovering around .20 -.22.
Please review the related DD links, as well as all post's on this board; info on both sides of the table.
So far, IMO, I do not expect TRON to fail post merger.
TRON. Moving Forward -----»
Please, elaborate and inform us investors. What and when did you experience this?
1.) TRON recently filed multiple reports.
2.) TRON has recently been deemed current.
3.) Within their latest PR, TRON is working with two companies known as Change Healthcare and Acuant Corporation.
4.) I received emails, stickied above showing positive confirmation from Acuant corporation that TRON/iMedscan is indeed working with them.
5.) TRON is in the ownership of a new CEO.
This is not the same TRON from 2 years ago, nor is it being operated by the same people. This is an entirely new company so to say. What experience are you referring to?
TRON. Moving Forward -----»
What's the current O/S and A/S?
Some might be balancing these small sells that artificially drop the price by bringing the price back up.
So far it's been a strong day.
TRON. Moving Forward -----»
I'll post the picture I took once I get a hold of a PC.
Walked through a mall in NY. They opened up a Metro PCS recently.
You think NITE will add selling pressure?
112,500 shares until we hit .0050. Very close.
Spoke too soon! .0050 is next after 0045's.
90,486 shares until .0045's are up.
Update on Pacers website.
https://www.pacermonitor.com/public/case/15273408/United_Mobile_Solutions,_LLC