Replies to post #111533 on Baron Capital Enterprise Inc (BCAP)

[WallStreetMyWay]

This is not correct..COMPLETELY WRONG. Sustainably above Ascending triangle thats the Gist..!

Far From Tanking

Now $BCAP's share structure is officially locked and maxed, there's no possibility of dilution. All shareholders will vote against it.

Bring on the S-1 Matt. Let's see the FTD's big smile big smile big smile

$BCAP news yet to be released in October:

During the month of October $BCAP will be updating shareholders on the following items:

Update on the Audits, Transfer Agent Acquisition, S-1 for Baron, and Audit for the Subsidiary, write off of accumulated salary.

http://ih.advfn.com/p.php?pid=nmona&article=545

[JonB]

10 B is right, language leaves doubt but knowing the history of share increases I wouldn't be surprised. Legal jargon always seems to leave confusion behind.

[Snizzle]

Please read this portion of today's pr. Paying STRICT attention to the bold print and explain to me how there is any way possible with the A/S being what it is....

The Consent not only secured the share structure of the Company and will prevent any reverse splits for 2 years, but also defined the corporate makeup of the Company as well.  Everyone who voted on the Consent stated the Company has 2.4 Billion Authorized shares of Common stock and 5 Million Authorized shares of Preferred with 1 Million shares being designated as Series AA.  The Consent further went to define the Rights and Preferences of the Series AA Preferred stating each share of Preferred has the right to convert into 10,000 shares of Common stock and carries full voting privileges.  The Rights and Preferences also state the Company does not have to increase the amount of Common stock to allow for conversion from Preferred stock to Common stock and the Preferred can only be converted when and if the Company has Common stock available.  The remaining 4 million shares of Authorized Preferred have not been designated as any Series and do not carry and Rights or Preferences at this time.

How exactly you get 10 bil. Common shares into a locked A/S of 2.4 bil. Is beyond me!


Bcap!

[kalstone]

How is it possible to dump 10 billion shares? I guess if we have zombie buying. Shares are moving to stronger hands.

[OGINVU]

Unbelievable!!! Someone please tell me I'm wrong. Did anybody read this thing? Maybe I'm off by a zero, but I don't think so.


nobody wants to talk about that....I tried yesterday....1 million AA...1 share =10000 common...1000000x10000= 10000000000 shares..