InvestorsHub Logo

mdimport

08/05/14 10:19 AM

#3446111 RE: Epic #3446090

$BCAP news out this AM. About to become a low float play:

"...Baron has not issued a single share of Common or Preferred since January of 2012 and currently has no plans or need to increase either the Authorized or the Outstanding share count.

Once the new Board is created a plan will be presented to eliminate the Preferred without converting any of the Preferred stock, but will entail the Company buying some of the Preferred and buying back half of the current float over a period of time.
..."

http://ih.advfn.com/p.php?pid=nmona&article=63150779&symbol=BCAP