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Baron Capital Enterprise, BCAP
Posted On: 08/31/2012 11:09:30 AM
Post# of 16816
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Posted By: mdimport
Re: acc724 #7318

It takes a long time to get the ducks all lined up. BCAP is progressing well. The balance sheet is going to show writeoff of liabilities somewhere in the range of $350-600k over the next 3 quarters, and add to that the existing/reported net assets of $150k and BCAP has very little remaining liabilities. I would think confirmation of that puts BCAP in a strong position.


I believe PC will be proven correct in that there will be revenues (and profits?) from the RIGH convertible debt. That will then show BCAP both with a very good balance sheet and revenue generation from one business line.


But you're right, the final confirmations is going to be provable execution backed up by filings.


I'm waiting just as patiently as you and all the other shareholders.














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