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Friday, September 28, 2012 12:18:20 PM
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.
wow what a shocker, one can only conclude this is total baloney if he won't release the name, anyone else would be bragging about it.
gotta love the ole' "letter of intent" con job also
Everyone was waiting for this! Nobody here wants to buy more shares with this explosive news release? He said he's gonna buy a TRANSFER AGENCY why does nobody seem to believe him???
We may see Q2 results today since it the last trading day of September. It will be nice to get through those 4's to get the weekend started off right!
only 237k shares traded so far, 61 million to go!
some juicy tidbits from the fins:
cash on hand 6-30-2012: $3,997
loan/interest receivable; $601,833 (phantom asset-will never collect any of it)
remember the "preferred".....: $10,000 woo-hoo!
accumulated shareholder deficit: $27,025,200.00 (my favorite)
25 million A/S for the new entity - floor price of .25????? wow at 25 cents a share i sincerely doubt any of it will sell
took 750,000,000 shares of righ for 213k worth of debt roflmao righ is at no-bid those shares are worthless just like all of his other garbage convertibles
bottom line, company is worth $3,997 ***** all of his other assets are phantom debt he has no chance of collecting on.
beware of the pump it will leave you in the dump
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