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

I am just now getting a chance to review the Q1 re

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Post# of 16816
Posted On: 04/27/2012 12:59:15 PM
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Posted By: RobInvest

I am just now getting a chance to review the Q1 results.  


A key finding that will be substantial for Q2 is the income generated from the conversion of RIGH debt.  Q1 stated the amount of shares in RIGH that had begun to convert were sold by mid-April.  I took a quick look at the RIGH chart and shares were bought and sold between the 0.0002-0.0004 range.  Depending on the number of shares that Baron sold in RIGH (i.e. how much was debt was converted into RIGH shares), if a majority was sold at the higher price of the stated range, BCAP could see some substantial income this quarter.  I will keep looking and see what else I find.



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