This is a long post, but I need you all to check i
Post# of 16816
Here is some old DD that you may be aware of:
"Baron Capital, through its wholly owned subsidiaries, will create a "one stop shop" for small-cap companies and investors to use the public markets to raise capital and trade the stocks of companies at this market level."
BCAP Security Details:
Share Structure
Market Value1 $403,207 a/o Dec 23, 2011
Shares Outstanding 2,132,355,947 a/o Dec 27, 2011
Float 2,132,355,947 a/o Dec 27, 2011
Authorized Shares 2,400,000,000 a/o Dec 27, 2011
Par Value 0.0001
4/22 - 24/7 MGI reinstated and AS at 100 billion.
6/10 - A/S was set at 5 billion.
7/18 - A/S reduced to 3.5 billion.
9/19 - A/S reduced to 1.6 billion.
10/4 - A/S reduced to 1.4 billion.
Brief history & explanation of the SS and temporary decline of the SP:
As you can see is the AS decreased with a huge amount, but now it is temporary increased back to 2.4 billion. The reason for that unexpected raise in November (including, but not limited to), was to create a bridge loan to facilitate the reverse mergers of RIGH & TGGI, and to take advantage of an unforeseen opportunity to acquire a shell that will be sold for handsome profits. The money raised is used to expand the business and to improve the financials, (and not to go to Fantasy Island like it has been false alleged) over & over... A lot of nefarious, distorted & unreliable information has been spewed on the board (Nov to mid Jan) that caused people to panic, and hence they sold (see chart of Nov until mid Jan)! Of course the battering of BCAP began after the AS increase, some missed targets (delays by FINRA etc), and once a temporary chill and a Caveat Emptor symbol was placed, it tanked even further... Just prior to the AS increase of Nov the 2nd TOFS (now BCAP) traded around the 0.001 area, but because this stock has been beaten down the company & Fairhill had to sell more shares in the D504 financing to get the same amount of cash. ($100k is raised in Jan & my guesstimate, looking at the historical prices and to get a clearer picture of the situation, I'm gonna split this up in $50k raised at 0.0003 & $50k raised at 0.0002 = +- 420 mil shares added to the OS. And if we stayed around the 0.001 area there would have been 'only' 100 mil shares added! So the beating of this stock (to get cheap shares and/or to cover short positions, or to destroy the CEO/company) has caused a lot of damage. But Matt Dwyer stood tall and weathered the storm and now the time has come for a positive turn around ! You won't see many DD Collections that talk about the negatives, and now that ths part is behind us now lets focus on all the positives!! (see below)
Baron Capital is creating a Non-Convertible Preferred that will offer a 10% coupon paid annually. The shares will be redeemable by the Company after two years at a twenty percent premium. There will be 2 million shares of the new Preferred created that the Company will seek to sell at $.50 per share. The funds will be used to further the business plan of the Company by obtaining its own brokerage firm which is the key element of the Company's success. Now that the OS & Float are the same and nearly maxed out to the AS we don't have to be afraid of dilution anymore, and since $1 million will be raised through non-convertible shares the company will have sufficient funds to further expand its goals and complete their fantastic business plan! And the buying volume as of late confirms that, because investors/traders see the following reasons and long term potential!
- Baron Capital Announces Conference Call Adds Two New Clients