Replies to post #142985 on Baron Capital Enterprise, Inc. (BCAP)

[Michael Scofield]

You will like this even better. There is a second issuance of shares in the report: http://www.otcmarkets.com/financialReportViewer?symbol=WOGI&id=137683

On October 13, 2014 the Company issued 15,000,000 shares of its common stock to Baron Capital in exchange for a reduction of $15,000 of its principal and an agreement to freeze the interest from accruing for 6 months from November 6, 2014.

On March 3, 2015 the Company issued 10,000,000 shares of its common stock to Baron Capital in exchange for a reduction of $40,000 from principal its Convertible Note.

I don't know how many share Baron owns in WOGI, but assuming it's just the 25m and they are still holding that is 25m x .00525 = $131,250 are current price. Not bad for an exchange of $55,000.

[Michael Scofield]

What is even more fun to think about is the possibility of WOGI striking more oil and seeing their PPS increase. Think about this for a minute.

If Baron is still holding on to WOGI and they don't own any more shares than what we saw in the WOGI Quarterly Report, see below, and WOGI gets back to their 52 week high, that is 25m shares x $.0665 = $1,662,500. Even better, if WOGI gets back to one of its all time highs that I remember, 25m x $.30 = $7,500,000. All of which could happen now that WOGI has begun fracking and struck oil.

www.otcmarkets.com/financialReportViewer?symbol=WOGI&id=137683

On October 13, 2014 the Company issued 15,000,000 shares of its common stock to Baron Capital in exchange for a reduction of $15,000 of its principal and an agreement to freeze the interest from accruing for 6 months from November 6, 2014.

On March 3, 2015 the Company issued 10,000,000 shares of its common stock to Baron Capital in exchange for a reduction of $40,000 from principal its Convertible Note.