Baron Capital Enterprise, Inc. (BCAP)

[TrickV8]

UPDATE

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djxray33 Wednesday, 04/16/14 11:28:42 AM
Re: None
Post # of 42655
BCAP - Updated info on RIGH TGGI CYBK and new IPO @0.25 cents PPS http://www.baroncapitalenterprise.com/

Note CYBK's partner ERBB on the ZaZZZ machines released a PR on 03/28/2014 that there's going to be an unveiling on April 12, 2014. Also note the other PR's where CYBK is partnered directly with 10 medical marijuana dispensaries in CO and NJ to supply its software. That's separate from the advertising business with RMT and D-Smart, the mobile consumer coupon app, the MJ mobile app, the e-Wallet and other technologies. I'd guess CYBK will be trading well over $1 / share by 4Q2014 when BCAP plans to ask to convert to equity.

NEW IPO comming..25 cents per share .. 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. IT MEANS WE HAVE ANOTHER IPO coming.. awesome for BCAP's investors.. the book value of BCAP will increase big.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=91991

With respect to RIGH this may become a matter of litigation, BCAP will present a Judge with its claims, copies of the paper trail to substantiate the claims and then its simply a case of whether the contracts were satisfied in full, or not. Short story is RIGH will have to prove it paid BCAP in full for those 800k Preferred, and if it can't it'll be forced to (plus add costs and accrued interest). 800k RIGH Preferred at 10,000:1 converts to 8B RIGH Common. That would be the baseline repayment (then add costs and accrued interest).

***** The share structure freeze voted for by a majority of the Common shareholders is valid and in place until July 1, 2014*****