Saturday, July 07, 2012 2:31:25 AM
"The transfer agency is operational, but does not have any active clients as of yet. The Company was working with Trans Global Group to be its first client, but Trans Global does not have the money to change its transfer agency. Baron was initially going to loan them the money to facilitate the move, but decided the money would be better used in-house. Trans Global would have moved two companies to the transfer agency and Baron was working on two others. To date, none have setup transfer services with Baron.
The Company is not actively marketing its transfer agency services at this time. When the Company can successfully purchase and own a brokerage service then Baron will begin marketing its service as it will have something unique to offer.
Baron has made some changes to its website by disabling pages of its business plan not in operation as of yet. In the future, when and as these services become available the pages will be added back to the website.
Baron has not made any changes to its capital structure and is currently working on financing options to meet its future needs. Once the Company can secure the required capital to acquire a brokerage firm to meet its needs the Company will amend its Articles of Incorporation."
http://ih.advfn.com/p.php?pid=nmona&article=51538704
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