Even more news: "Baron Capital Securities – Pla
Post# of 16816
Even more news:
"Baron Capital Securities – Plans to operate two separate brokerage firms , one a self clearing trading firm to execute and clear trades for its own trading and provide clearing services to other firms. The second firm would enable small cap investors to open accounts and buy/sell small cap securities online even deposit securities."
That's from the Quarterly, but you now know more details of will be housed in the virgin shell. This was the PR from 09/21/2012:
"Baron intends to operate its transfer agency and brokerage service s within the new entity. Upon its first acquisition, Baron will perform an audit of the combined business operations and file an S-1 to raise additional working capital to enable the Company to complete its two year business plan."
http://ih.advfn.com/p.php?pid=nmona&article=54264570
Today saw the announcement of the LOI to acquire one TA:
"The Company 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..."
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