BARON BEGINS PREPARATIONS FOR AUDIT Press Release:

New Post Public Reply Private Reply Replies (1) Message Board
kilo


BARON BEGINS PREPARATIONS FOR AUDIT

Press Release: Baron Capital Enterprises, Inc. – 31 minutes ago








Companies:




•Baron Capital Enterprise, Inc.












RELATED QUOTES







Symbol

Price

Change




BCAP.PK

0.0003

0.00





















FT. LAUDERDALE, Fla., April 27, 2012 /PRNewswire/ -- Baron Capital Enterprises, Inc. (BCAP.PK) (www.baroncapitalenterprise.com) would like to take this time to update shareholders on the Company.




Baron Capital has filed all its financial reports to keep the Company listed as "Current Information" on www.otcmarkets.com. During the first quarter the Company experienced an increase in SG&A costs which will continue to rise during the second quarter as the Company prepares to become auditable again. The Company also accrued close to $250,000 in liabilities from wages and loans to the Company. The Company has already begun working to remove these liabilities and approximately another $100,000 in liabilities off the balance sheet during the second quarter.




The Company will enter into a new employment agreement with its sole Officer and Director which will reduce the cash compensation and work on other methods of compensation. During fiscal year 2011 the Company only compensated its sole Officer approximately $30,950 in cash compensation.




In March the Company was able to open a brokerage account and begin converting its aged debt and selling it to raise working capital for the Company. The Company was able to raise significant working capital by mid April to move the Company forward.




In April the Company retained its former consultant to begin preparing the financials to be audited. The Audit will roll the financials forward from year end 2006 through year end 2011. The Company possesses all the documents needed to complete the audit. The Company has been in discussion with its former auditors and plans on retaining them by the mid to end of April.




The goal of the Company is to complete the audits in June and file the necessary documents with the SEC by July 1, 2012 to once again become a reporting entity. At the time of the filing the Company will introduce new members to its Board and new employees for key positions.




In the coming the weeks the Company expects several significant events may take place and the news of these events will be distributed as the events unfold.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Trade Cases on Pizza Box Imports Set Industry Ablaze

Updated Category News Views 66

U.S. Takes Stand Against Unfair Import Practices Who knew pizza boxes could stir up such a fuss, huh? Well, here we are. The U.S. International Trade Commission (ITC) has sided with American pizza box manufacturers, waving the flag against those sneaky imports from China, Malaysia, and Turkey. According to the ITC, these imports are causing some real headaches for the...

Continue Reading
Duolingo Investors Must Weigh Legal Options Now

Updated Category News Views 101

Pressure Mounts on Duolingo Amid Legal Turmoil Well, here's a riddle solved with a lawsuit: when an app's growth hits the brakes, the lawyers seem to get moving fast. It seems like Duolingo, Inc. (NasdaqGS: DUOL) is learning a harsh lesson—not exactly in Spanish or French, but in the courtroom. They've been slapped with a securities class action, and it ain't looking...

Continue Reading
ScienceOra Unveils AI Catalyst Design at Tencent Summit

Updated Category News Views 54

AI in Material Science: Beyond Buzzwords There's a lot of talk out there about AI changing the world, but it's always a different tune when it's put under a microscope. At the 2026 Tencent Global Digital Ecosystem Summit, ScienceOra and Wenge AI showcased an AI-assisted workflow for designing hydrogen-production catalysts. This isn't your average AI cheerleading session,...

Continue Reading
Investigation of Maplebear Sale to DoorDash Sparks Debate

Updated Category News Views 174

Shareholders Fret Over Maplebear's Proposed Transaction It ain't every day a deal's got shareholders fidgeting more than a cat in a dog park, but here we are. Maplebear Inc. (NASDAQ: CART) finds itself under the magnifying glass as the seasoned crew over at Monteverde & Associates PC sound the alarm bells. The firm, sitting cozy in the Empire State Building, is on the...

Continue Reading
Aurora Innovation Faces Supply Chain Hurdles & Legal Scrutiny

Updated Category News Views 88

Aurora's Rough Road: Production Delays Unveiled You could almost hear the collective groan from investors when Aurora Innovation dropped the bombshell about its truck production delays. You know, after the cheery faces at the Q3 financial results reveal gave way to a rather grim reality check—driverless trucking ain't rolling out quite as planned thanks to those pesky...

Continue Reading
Orbis International to Boost Global Eye Health Efforts

Updated Category News Views 113

Pledge for Vision In a world where a staggering number of folks wrestle with avoidable vision issues, Orbis International is stepping up to the plate with ambitions that feel as bold as they are necessary. Orbis is pouring a significant $32 million into its mission to beef up eye health systems, train a small army of professionals, and apply AI in eye care. Their big bet...

Continue Reading
Twilio's SEC Investigation: Legal Impacts on Investors

Updated Category News Views 54

Twilio's Legal Troubles: Investors Take Notice Twilio's facing a firestorm, folks. After guiding its organic revenue growth down a few notches, the company saw its shares plummet 17%. Now, they're under the microscope for possibly not playing it straight with their growth numbers, and that’s never a good look with Uncle Sam watching. Folks at Levi & Korsinsky are on the...

Continue Reading
Neuberger Fund Ups Distribution Amid Market Challenges

Updated Category News Views 70

Neuberger Boosts Distribution: What's Driving This? I ain't about to sugarcoat it: the Neuberger Next Generation Connectivity Fund (NYSE: NBXG) decided to jack up its monthly distribution rate to $0.132 per share. This announcement, hitting wallets on November 30, 2026, has a record and ex-date of November 16. Now, that's a good ol' reliable payout for folks holding NBXG...

Continue Reading
Karma Automotive Debuts High-Stakes Eximius Program

Updated Category News Views 0

Breaking Ground with Bespoke Engineering Fancy seeing a car more unique than a snowflake, eh? Well, Karma Automotive is upending the luxury vehicle market with the launch of the Eximius program. Catering to the whims of the elite who aren’t just satisfied with a plethora of options, this is a game for those who crave a motorized extension of their ego and address book....

Continue Reading
WesternU's Big Night: Boosting Lebanon’s Health Hub

Updated Category News Views 64

Building Bridges in Healthcare: WesternU's Strategic Move Heck, you know it's the real deal when a university throws a dinner party to celebrate partnerships. Western University of Health Sciences (WesternU) decided to clink glasses with Lebanon community leaders, hammering home the importance of their collaboration on October 6, 2026. Now, don't think this was just some...

Continue Reading

Top 5 Most Recently Viewed Articles

America's Car-Mart Faces Scrutiny Over Financial Disclosures

Updated Category News Views 384

America's Car-Mart Under Investor Scrutiny Recently, America's Car-Mart, Inc. (NASDAQ: CRMT) experienced a noteworthy stock decline as investors reacted to disappointing Q1 2026 financial results. The significant drop of over $8, approximately 18%, raised concerns among shareholders and prompted investigation into the company's operational strategies concerning tariff...

Continue Reading
Lands' End Reports Positive Financial Growth for Fiscal Year 2024

Updated Category News Views 210

Lands' End Achieves Significant Financial Milestones DODGEVILLE, Wis. – Lands’ End, Inc. (NASDAQ: LE) has announced its financial results for the fourth quarter and the entire fiscal year 2024, which concluded recently. This announcement follows a year characterized by steady growth and strategic innovation. Strong Performance in the Fourth Quarter During the fourth...

Continue Reading
Novo Nordisk's Wegovy® Shows Promise for Liver Health in MASH

Updated Category News Views 217

Wegovy® Demonstrates Hepatic Benefits Beyond Weight Loss Novo Nordisk has recently unveiled intriguing findings regarding Wegovy® (semaglutide 2.4 mg) that highlight its role in enhancing liver health in adults diagnosed with metabolic dysfunction-associated steatohepatitis (MASH), even in the context of limited weight loss. This revelation emerged from a post hoc...

Continue Reading
Free Software Revolutionizing Sustainability in Real Estate

Updated Category News Views 92

Measurabl Introduces Free Sustainability Software Measurabl, renowned for its sustainability data platform in real estate, has unveiled a groundbreaking free software solution. This innovative tool allows property and portfolio managers to measure, manage, and report on sustainability performance without any cost. With this recent launch, Measurabl has already registered...

Continue Reading
The Joint Corp. Achieves Significant Growth in 2024 Metrics

Updated Category News Views 138

The Joint Corp. Showcases Remarkable Growth in 2024 Metrics - Adjustments Performed in 2024 Grows 9%, Compared to 2023 - - Receives Letters of Intent for Majority of Corporate Portfolio - SCOTTSDALE, Ariz. — The Joint Corp. (NASDAQ: JYNT), a leader in chiropractic care across the nation, has reported impressive operating metrics for the year ending 2024. The company's...

Continue Reading