Just got this email: Baron Capital Is Pleased T
Post# of 16816
Baron Capital Is Pleased To Announce OTCMarkets Has Removed The Stop Sign And Upgraded The Company To OTCPink Current
COCONUT CREEK, FL / ACCESSWIRE / September 23, 2016 / Baron Capital Enterprises, Inc. (OTCPK: BCAP) is pleased to announce the "Stop Sign" has been removed from the Company and the Company has been upgraded to OTCPINK Current status.
Baron through its filings have brought its shareholders current from June 30, 2014 through June 30, 2016 and the results show a thriving business.
Total Assets have grown 312%, total investments have grown 2,711%, total Notes have been reduced by 3%, and a huge increase in Net Income. The June 2016 report can be viewed here http://tinyurl.com/hpso256.
The business began to take form in 2014 when revenues starting posting. The Company has grown tremendously since June 2014 in assets, investments and revenue.
The source of the revenue since December 2015 has not come from any past clients. Moving forward unless for a regulatory reason the Company will not disclose any of its clients.
The Company made several advances since the last report including reinstating its transfer agent Continental Stock Transfer for the first time since April of 2012. The Company also filed an Amendment and eliminated the Super voting Preferred stock. The total number of Authorized Common shares has been raised to allow for the Preferred to convert into Common, and Baron will then eliminate the Preferred.
Baron is actively working with counsel to address the DTC Chill status and will present a plan to shareholders shortly.
Baron will continue to use newswire services, and will also begin taking advantage of social media outlets and its own website to disseminate updates on the Company.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Contact:
Matt Dwyer
matt@bcapent.com
954-623-3209
SOURCE: Baron Capital Enterprises, Inc.