Rightsmile, Inc. (RIGH)

[john12341]

here is a couple of things to look at.

OTCPK: BCAP Announced a 400K Reduction in Liabilities

Published September 28, 2012

Baron Capital Posts Second Quarter Report; Execute LOI To Acquire Operating Transfer Agency

FT. LAUDERDALE, Fla., Sept. 28, 2012 /PRNewswire via COMTEX/ — Baron Capital Enterprises, Inc. (OTCPK: BCAP) (www.baroncapitalenterprise.com) is pleased to announce the Company has published its Second Quarter financial report showing the write offs in liabilities. The Company would also like to announce it has executed a Letter of Intent to acquire an operating transfer agency.

The Company has stated it will post reduced liabilities of almost $400,000 from its last report which was accomplished. The reports from here on out will be prepared within audit guidelines which means there will be a different valuation placed on our Notes and Securities per audit guidelines.

The Company generated proceeds from the sale of stock/debt of $70,000 from mid March through the end of June, had the negotiations with RightSmile not taken so long the amount would have been higher .

The report also shows accrued salary of $225,000 from the current employment agreement of the Company’s President that expires on 12/31/12. None of this salary has been paid or will be paid in cash against this balance unfortunately since the Company is being audited the auditors will not allow the President to write it off. The goal is for all parties to reach an agreement to remove the liability from the financials for the 3rd qtr report .

The Company would also like to report fiscal years 2007 through 2010 have been delivered to the auditors and 2011 is expected to be delivered within the week. The Company will meet with counsel mid month to begin work on the S-1 registration to restore the Company to a fully reporting status.

The Company is pleased to announce it has entered into a Letter of Intent to acquire a functioning transfer agency that is intended to close the last week of October. The transfer agency will be merged into the new entity Baron purchased last week and the audited financials of the transfer agency will be submitted with the S-1 when filed for the new entity which is expected by the end of 2012.

Baron will not release the name of the new entity or the transfer agency it is acquiring until it must do so under law or when the S-1 is filed.

More updates on the Company to follow over the coming weeks.

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:Matt Dwyer, [e-mail] 954-623-3209

SOURCE Baron Capital Enterprises, Inc.
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mdimport Saturday, 12/07/13 10:38:58 AM
Re: StubbyPG post# 125537
Post # of 137347

Recommend one reads the deposition and the 2011 RIGH settlement agreement. Anyone will see the facts (RIGH settlement) clearly show there's no case. Even Mr. Elkind's lawyer in the deposition acknowledged that and steered clear of touching the terms of the settlement agreement.

An attorney will always give their client a percentage chance of winning. In this instance Mr. Elkind either didn't listen or is simply a gambler. The percentage chance of winning anything from BCAP, TGGI, Matt Dwyer or any other parties / non-parties in the RIGH settlement agreement is less than 10%.

Understand that while one can never say never, the overwhelming balance of probabilities is against Joe Elkind at this point. I am sure he left the deposition looking like he'd been punched, because from a legal perspective that's what happened. His case is blown apart.

Fact: All parties signed the RIGH settlement agreement.

Fact: Payments were made under the RIGH settlement agreement.

Fact: Settlement agreement is binding and irrevocable.

Fact: BCAP's investments are safe.

Maybe there's a civil case personally against Randy Schneider (I don't know and don't care), but that has nothing to do with Matt Dwyer, BCAP, or TGGI.

Per the deposition Randy Schnieder says he owns next to nothing. From a purely commercial perspective there's nothing to gain by pursuing further legal action. What is Joe Elkind going to do, take possession of Randy Schneider's car? It's going to cost more to pursue the action and have one's day in court, than reaching an ammicable out-of-court settlement personally with Schneider.

IMO the best that could have been achieved was through threat of deposition and the pre-deposition negotiation phase. Now the deposition is taken, the alleged case against Matt Dwyer been exposed as a legal farce. The market would have reacted by selling off the stock to the tune of hundreds of millions of shares at $0.0001, not buying tens of millions of shares at $0.0003 and $0.0004.

Note the last trade at $0.0002 was valued at $6 -- LMAO
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