Baron Capital Enterprise Inc (BCAP)

[jimmyburkitt]

Baron Capital Opens Transfer Agency
Creates Non-Convertible Preferred


Press Release: Baron Capital Enterprises, Inc. – 12 minutes ago
Companies:
Baron Capital Enterprise, Inc.
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FT. LAUDERDALE, Fla., Feb. 9, 2012 /PRNewswire/ -- Baron Capital Enterprises, Inc. (OTCPK:BCAP.PK - News) (www.baroncapitalenterprise.com) is pleased to announce that its Transfer Agent division is fully operational.
Baron Capital Transfer and Registrar is officially opened and is in the process of working with a few companies to begin transferring their accounts. The process can take up to two weeks to transfer over to Baron.
Baron Capital is creating a Non-Convertible Preferred that will offer a 10% coupon paid annually. The shares will be redeemable by the Company after two years at a twenty percent premium. There will be 2 million shares of the new Preferred created that the Company will seek to sell at $.50 per share.
The funds will be used to further the business plan of the Company by obtaining its own brokerage firm which is the key element of the Company's success.
Updates will follow shortly.
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.