"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."
BCAP Security Details: Share Structure Market Value1 $403,207 a/o Dec 23, 2011 Shares Outstanding 2,132,355,947 a/o Dec 27, 2011 Float 2,132,355,947 a/o Dec 27, 2011 Authorized Shares 2,400,000,000 a/o Dec 27, 2011 Par Value 0.0001
Brief history & explanation of the SS: 4/22 - 24/7 MGI reinstated and AS at 100 billion. 6/10 - A/S was set at 5 billion. 7/18 - A/S reduced to 3.5 billion. 9/19 - A/S reduced to 1.6 billion. 10/4 - A/S reduced to 1.4 billion.
Yes, the AS is temporary increased back to 2.4 billion and the OS is increased with 900 mil over a period of 3 months. The reason for this unexpected raise (including, but not limited to), was to take advantage of an unforeseen opportunity to acquire a shell that will be sold for handsome profits... The money raised is used to expand the business and to clean out the financials, (and not to go to Fantasy Island like it has been false alleged),... A lot of nefarious, distorted & unreliable information has been spewed on the board and that caused people to panic, hence they sold, and more shares had to be issued by the company to get the same amount of required cash! Of course the battering of BCAP began after the AS increase, missed targets, and once a temporary chill and a Caveat Emptor symbol was placed, it tanked even further... Just prior to the AS increase of Nov the 2nd TOFS (now BCAP) traded around the 0.001 area, but because this stock has been beaten down Fairhill had to sell more shares in the D504 financing to get the same amount of cash. ($100k is raised in Jan: looking at the historical prices I'm gonna split this up in $50k raised at 0.0003 & $50k raised at 0.0002 = +- 420 mil shares added to the OS. And if we stayed around the 0.001 area there would have been 'only' 100 mil shares added! So the beating of this stock (to get cheap shares and/or to cover short positions, or to destroy the CEO/company) has caused a lot of damage (in so many ways)... But Matt Dwyer stood tall and weathered the storm and now the time has come for a positive turn around... And the buying volume confirms that, because investors/traders see the following reasons and long term potential!
- Baron Capital Enterprise will generate significant amounts of revenue because of short & long term investments in different companies and due to agreements with them to be their Transfer Agent.
- Baron Capital Transfer and Registrar to Officially Open in February:
Jan 25, 2012 09:00:00 (ET)
FT. LAUDERDALE, Fla., Jan. 25, 2012 /PRNewswire via COMTEX/ -- Baron Capital Enterprises, Inc. (otcpk:BCAP) ( www.baroncapitalenterprise.com ) is pleased to announce that its Transfer Agent division will be fully operational servicing clients in February.
In December, the Company had the software installed on to its server and over the past few weeks has been working on meeting all the other requirements, such as obtaining insurance, registering with The Securities Transfer Agents Medallion Program, and ordering a document reader to verify the Medallion Stamp.
In February Baron Capital Transfer and Registrar will submit an application to Depository Trust Corporation to enter the FAST program.
- 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.
- The Company acquired Baron Capital Transfer and Registrar, LLC a startup transfer agency.
- On September 30, 2011 the Company purchased a control block of shares from our CEO, Matthew Dwyer in RightSmile, Inc. for $150,000 which was paid to him using the Preferred stock of the Company. Mr. Dwyer received 18,750 shares of our Convertible Series AA Preferred which equaled $150,000 based on the closing bid price of our Common stock on that day.
- 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.
- On September 30, 2011 the Company and our CEO entered into an agreement whereby our CEO allowed the Company to forgive any all past due and accrued wages or any other liability owed to him.
BCAP has a lot of irons in the fire and as more pieces of the puzzle fall into place, and new deals are set in motion, BCAP will gain more revenue, assets, investors & positive attention... So if you play this short term or decide to go long, in both instances there is a lot of money be made...
GO $BCAP GO $RIGH GO $TGGI GO $....
TOTAL ASSETS: 2011 = $714,571 vs 2010 = $44,722 TOTAL LIABILITIES: 2011 = $382,618 vs 2010 = $1,771,484
In the next Q-financials you will see the Liabilities decreased AGAIN, because we know for a fact that the final payment has been made of $150 000, to Dr. Peskin. And the Assets increased AGAIN with the purchase of the TA Software & account + acquisition of a Broker Dealer!! The good thing about BCAP is that there're other catalysts to look forward to as well that will lift us to higher & sustainable trading levels, so those who can get their hands on cheap tickets are going to be rewarded in the coming weeks & months...
SPREAD THE WORD ... REVERSAL IN THE MAKING
FT. LAUDERDALE, Fla., Dec. 16, 2011 /PRNewswire/ -- Baron Capital Enterprises, Inc. (OTC: BCAP) (www.baroncapitalenterprise.com) formerly known as 247MGI, Inc is pleased to announce that the Company has been approved for the name and symbol change. The Company is also pleased to announce it has purchased and is currently scheduling the install of the Transfer Agency software. Baron Capital Transfer & Registrar has new clients ready to utilize the unique Transfer Agency services offered which will happen upon completion of the installation and training process. During the 1st quarter of 2012, the Company will begin to generate revenues from the Transfer Agency services, this being just one of many revenue streams the company possesses, all of which work synergistically together. The main source of funds to be generated by Baron will come from debt it currently holds and new debt it creates from other public companies. Baron is currently working on setting up a trading account offshore and anticipates that will be active in January. The main goal of Baron remains to own and operate a brokerage firm within the Company. Baron is committed to achieving this goal and is exploring several solutions to raise the capital to complete the acquisitions and will update shareholders as soon as a definitive plan is in place. With the name change becoming effective today Baron can begin to move executing its business plan.
Baron Capital (Q & A) Compilation: Q: Which divisions of Baron Capital Enterprise are currently operational and generating revenue? A: The functioning parts are the Investment Division which buys and sells debt, the TA will be online any day in full operations with clients lined up other operations and being worked on to become active ASAP.
Q: Will Baron Capital Enterprise only use the Clearing House for in-house stock transactions or also for other companies? A: The goal is to facilitate clearing services for other companies and as well as our own securities and accounts.
Q: When will Baron Capital Enterprise file its S-1 with the SEC so the uplist to OTCQB or OTCQX can transpire? A: Company will begin preparing the S-1 this quarter and file it after the end of the fiscal year. This will allow the Company to increase its cash position and reduce its liabilities so it does not get a “going Concern” paragraph from its auditors.
Q: Approximately when does Baron Capital Enterprise anticipate the uplist to one of these SEC reporting venues to take place? A: This will happen next year probably late in the first quarter to early in the second.
Q: Will Baron Capital Enterprise announce it's current Officers and Directors, along with, any new additions? A: Yes, but I want to wait until after we filed the Financials, completed the Name Change, and obtained D&O Insurance to protect new incoming Officers and Directors.
Q: How is Michael E.Herman, whose name appears on several Baron Capital Sunbiz.org filings, affiliated with Baron Capital Enterprise? A: Mike has been working with me for over a year since he graduated from Florida State with a BS degree in Finance. I have been teaching him what I have learned during my 26 years in this business, in order for the company to succeed we will need good people working for the company. I have known Mike's family for years his Dad is a friend of mine. Mike filed the TA-1 application with the SEC for the transfer agency and is listed as President on all our subsidiaries. Mike will become a statutory Officer and Director of Baron once we complete the name change, clear the matter with Peskin, and acquire D&O insurance.
Q: On October 17th, panelists at an SEC roundtable called for enhanced transparency on the execution, clearance, and settlement of Microcap Securities. How do you feel this will affect Baron Capital Enterprise (positive or negative)? A: Positive I feel.
Q: Will Baron Capital Enterprise take some of that business segment over? A: I believe it will leave a large void in the Small Cap Market place, in fact it has for the past few years.
Q: Does Baron Capital Enterprise have any policies, standards, or criteria in place for the Microcap Companies it does/will do business with? A: This is a long answer I wish to address on the call as other will want to hear this and Yes we have standards as to who we do business with.
Q: Has Baron Capital Enterprise issued the Non Convertible Preferred stock mentioned in the September 12th PR, and if so, has any of the money been used to expand business operations and/or buy back shares? A: The Preferred will be part of the S-1 Registration even if we did raise funds we would place them in escrow until the S-1 goes effective.
AI
GO $BCAP 
