i. Conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding: None
ii. Entry of an order, judgment or decree, not subsequently reversed, suspended or vacated, by a court of competent jurisdiction that permanently or temporarily enjoined, barred, suspended or otherwise limited such person’s involvement in any type of business, securities, commodities, or banking activities: None
iii. A finding or judgment by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission, the Commodity Futures Trading Commission, or a state securities regulator of a violation of federal or state securities or commodities law, which finding or judgment has not been reversed, suspended or vacated: None
iv. Entry of an order by a self-regulatory organization that permanently or temporarily barred, suspended or otherwise limited such person’s involvement in any type of business or securities activities: None.
SIGNIFICANT EVENTS In September the Company announced it would be creating a Non Convertible Preferred stock, which it will use to raise funds for the Company.
In September the Company formed a new wholly owned subsidiary Baron Capital Holdings, LLC, which is the Managing Member for two other wholly owned subsidiaries; Baron Capital Securities, LLC, Baron Capital Clearing Agency, LLC
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.
In September the Company acquired Baron Capital Transfer and Registrar, LLC a startup transfer agency.
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.
In December Baron Capital Transfer and Registrar licensed software from TS Partners, Inc to run and operate Baron Capital Transfer and Registrar the software was installed in late December.
In January the Company began working with two private companies and has made a few small loans to one company.
In January Baron Capital Transfer and Registrar paid KFS echnologies $800 for an Annual subscription fee for the Medallion Program.
In February Baron Capital Transfer and Registrar became a member of the Securities Transfer Association (STAI.ORG).
In February Baron Capital Transfer and Registrar obtained insurance coverage from Crump Insurance Services, Inc.
In February Baron Capital Transfer and Registrar purchased a Medallion Stamp Reader from Hampton Technologies.
In late March the Company was able to obtain a brokerage account and has begun liquidating a small portion of its investments within this account.
Baron Capital Clearing Agency - Baron Capital Clearing Agency (BCCA) once created will seek to provide an efficient means of clearing and settlement of securities primarily focusing on the small-cap marketplace. Baron Capital Clearing Agency will look to register itself as a clearing agent to service the small-cap market. There are over 6,000 companies within this marketplace and new companies are looking to enter every day. BCCA will implement a streamlined model that will approve the majority of penny stocks for transfer through a centralized, automated system similar to the electronic system they are being locked out of today.
Baron Capital Securities – Plans to operate two separate brokerage firms, one a self clearing trading firm to execute and clear trades or its own trading and provide clearing services to other firms. The second firm would enable small cap investors to open accounts and buy/sell small cap securities online even deposit securities.
Baron Capital Market Place - Plans to create an alternative market place offering companies the ability to list and trade without being labeled for whether or not they pay a fee. As long as the company makes current information available to the public and certifies the information to be true and accurate, placing the burden on the company to insure it is not misleading the public is the best, self-governing option.
Baron Capital Bank– Once registered with the appropriate governing regulators, will work with existing clients to further meet the needs of the small-cap market. If a company at the cusp of readiness to go public had sufficient capital it could increase revenue to achieve a higher valuation. Baron Capital Bank wishes to fulfill the desires of all clients by servicing Baron Capital Enterprise, Inc. (BCAP) Stock Trading Info:
their needs appropriately.
Baron Capital Transfer & Registrar - Baron Capital Transfer & Registrar is a registered professional, full service stock transfer agency with the ability to offer a competitive cost savings structure. We are dedicated to providing the finest corporate services to clients nationwide.
