The new shell which is now a subsidiary of BCAP because
The new shell which is now a subsidiary of BCAP because Baron owns 80% of all the shares in the new publicly traded company. Private TA business and private brokerage business are being acquired by the subsidiary. These businesses have revenues and profits, and this revenue and profit will now show up on BCAP's books. The share structure of the new publicly traded company will be utilized to purchase these private businesses using cash, preferred stock and restricted stock. I understand as many as three transfer agent companies are being acquired.
Matt was going to create a new class of preferred under BCAP to fund these acquisitions however after discussing it with his SEC attorney and the SEC, the direction that was taken is the one we invested in, the ppm to invest into the new publicly traded company / subsidiary.
These assholes on Ihub are going to write whatever they can to create fear and doubt about Matt and BCAP because whomever is paying them stands to lose a lot of money with Baron becoming successful. The reality is they already lost. Game over as far as I am concerned. The coming weeks and months are going to see BCAP shed itself of this short position and the paid bashers and climb steadily towards pennies on fundamentals. Folks, I have met Matt Dwyer on several occasions and I have been asked to become a part of this new growing company. I can tell you that the man is 100% legitimate and is going to make every BCAP investor who holds during the next year or so very very wealthy, including himself, the largest shareholder of BCAP stock by far.
Have faith. Ignore the noise and post the facts as they continue getting done.
Q2 report, audited financials, uplist to otcbb, acquisitions announced when completed, Q3 and Q4 fins, etc, etc.....these are the only things that matter.
BCAP is going to multiple pennies whether joe Elkind the criminal or the paid bashers or knight capital like it or not !
Cheers,
pC
Baron Capital Enterprise, INC. (BCAP) Stock Research Links
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