Replies to post #123889 on Baron Capital Enterprise Inc (BCAP)

[my2Mustangs]

Rejected by who?
I've already proven the "freeze" is a farce and doesn't mean a thing as the disclosure states that a "written consent" can void the "freeze" that was never SIGNED and never filed in Florida with the amendments to the SS providing the provisions of the AA preferred which is SIGNED and filed in Florida, but GL though.

I don't really believe there will be a RS, it was/is just an option.

More likely will be an AS increase which is a lot easier and faster than trying to get FINRA to approve a RS. Not saying FINRA wouldn't approve a RS, they no doubt would. I saw 1 company request a 1 for 500 RS which was approved by FINRA and 10 months later approved a 1 for 50,000. Can anybody say "rubberstamp?" But the fact is that FINRA approval of a RS does take time and in order to get the "huge news" we've been hearing about for the last 8 months won't come until Matt has room in the AS to dilute some more.

All that's needed for an AS increase is that "written consent by the majority shareholders" in this case we're led to believe there are 3 "people" holding a total of 1M AA preferred that control the vote on anything put to a vote because the AA and the common vote as a group according to the SIGNED Articles FILED in Florida.

[Red_Wolf]

Matt already doesn't do business and his credibility is already zeo.

[my2Mustangs]

We've been hearing "huge news coming soon" and "major updates coming soon" for more than 8 months now and all we got was a "worm story."

There will be no "major updates" until Matt has room to dilute and as far as we know he doesn't have room to dilute, yet.

It appears from past experience it is quite easy to do a RS especially when 1, 2 or 3 shareholders(insiders) have enough votes to approve the RS or the AS increase.

Clearly FINRA rubberstamps these requests from "companies" as history has proven.

FINRA approves a 1 for 500 RS in Jan. 2012 and then approves a 1 for 50,000 for the same company, same CEO and the same "business" in Nov. 2012. IMO, FINRA doesn't do any DD, they just say OK.

But like I said, a FINRA approved RS takes time and if that "huge news coming soon" is going to happen it will happen after Matt and friends approve an AS increase.

The SIGNED amendment to the Articles of Incorporation FILED in Florida does NOT provide for any kind of freeze.
The "freeze" in the bylaws that was sent to OTC wasn't even signed, as such it is meaningless even if it was signed Matt made sure to leave an "out" for being able to raise the AS anyway.

Who cares, "slap the ask," right?