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  4. Baron Capital Enterprise, INC. (BCAP) Message Board

Matt makes it easy for everyone to track what's ha

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Post# of 16816
Posted On: 11/15/2012 1:28:57 PM
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Posted By: mdimport
Re: captgor #10102

Matt makes it easy for everyone to track what's happening. Example: Closing share price on September 30, 2012: $0.0004. Anyone buying in at $0.0002/3 has a better deal than the CEO.


"The accumulated salary will be written off against the issuance of Series AA Preferred shares based on the closing price of the Common as of September 30 , 2012.  Conversion of the accumulated salary to Preferred will be calculated by taking the closing price, times 10,000, then dividing the accumulated salary by that number equaling the number of new shares of Series AA issued."


IMO the real track record (PR's confirmed by the filings) shows that we are investing in a real company. In a few weeks the audit will be complete and the S-1 filed.



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