Replies to post #106022 on Baron Capital Enterprise Inc (BCAP)

[mdimport]

The freeze in share structure will probably be PR'd, but the more important news is the acquisition of the TA scheduled to complete at the end of October as per the 09/28/2012 PR. That's a new revenue stream.

$BCAP is pleased to announce it has entered into a Letter of Intent to acquire a functioning transfer agency that is intended to close the last week of October. The transfer agency will be merged into the new entity Baron purchased last week and the audited financials of the transfer agency will be submitted with the S-1 when filed for the new entity which is expected by the end of 2012.

http://ih.advfn.com/p.php?pid=nmona&article=54342180

Practically speaking, $BCAP's share structure freeze has been effective since 10/28/2011. The shareholder vote is a formality IMO. I don't believe that there would be an increase in A/S (with or without the vote), but this will help to reassure prospective shareholders sitting on the sidelines.

Anyone interested can check the FL SOS filings themselves:

http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=S68597&inq_came_from=NAMFWD&cor_web_names_seq_number=0005&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=BARONCAPITAL&names_filing_type=

$BCAP's current share structure as of 10/28/2011:

http://www.sunbiz.org/pdf/00258361.pdf