Let's get a discussion going on this post. The p
Post# of 16816
Originally posted by ImRichBhutch on the other site...
ATTENTION BCAP: I did some DD and I came across something this needs to be looked at.
Baron Capital Marketplace- Plans to create an alternative market place offering companies the ability to list and trade without being labeled for whether or not they pay a fee. As long as the company makes current information available to the public and certifies the information to be true and accurate, placing the burden on the company to insure it is not misleading the public is the best, self-governing option.
In December the Company worked with programmers to design the functionality of an “ATS” an Alternative Trading System which would be the first of its kind for debt instruments. The Company has not begun development since it does not have a broker dealer, which would be needed to successfully launch the system.
OTCIQ.com Financial Report
June 1, 2012 OTC Markets Group PR
OTC LINK, LLC a wholly owned subsidiary of OTC Markets Group obtains ATS Status!
New York, NY – June 1, 2012 – OTC Link LLC (OTC Link®), a wholly owned subsidiary of OTC Markets Group (OTCQX: OTCM), begins operation today as an Alternative Trading System (ATS), having previously filed its Form ATS with the Securities & Exchange Commission (SEC). OTC Link is taking over operation of the interdealer quotation and messaging system that serves the company’s FINRA member broker-dealer subscribers, formerly operated by OTC Markets Group.
“We are pleased to begin operating the OTC Link trading system as a FINRA member firm and SEC regulated ATS,” said Michael Modeski , President of OTC Link. "We will continue to provide fully attributable quote and message services to our diverse network of broker-dealer subscribers providing liquidity and execution services."
OTC June 1, 2012 PR
Brokerage Firm has already been purchased
First Conference call we had when it was recorded. Dwyer said that the Brokerage would be part of the S-1 if am not mistaken. Correct me if I'm wrong.
April 27 PR
"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 ."
From Recent PR
"The Company should have fully audited financials by mid July, if not sooner, and looks forward to submitting the financials to the SEC to resume trading on the OTCBB."
"The audits are another step required by the Company to facilitate its future goals and as each day goes by the Company gets closer to achieving these goals."
"The Company is in the process of securing new office space to allow for expansion and to improve the overall image of the Company. We anticipate entering into a new lease and relocating by July of this year."
Who is Michael Modeski?
According to Linkedin he serves as President for MD Trading Services & OTC LINKS, LLC. MD as in standing for Matthew Dwyer!?!
Michael Modeski Linkedin Profile
I searched all over the internet and I couldn't find anything on MD Trading Services. Maybe it's a also "does business as" company name or a acquired "subsidiary" that will later be announced IMO.
Found this on www.stany.org The Security Traders Association of New York, Inc website
March 29, 2012
1:30 - 2:15 Beyond Equity Trading: Focus on Electronic Trading of Derivatives, Futures, Fixed Income and Unlisted Securities
Moderator: Philippe Buhannic, Co-Founder, Chairman & CEO , TradingScreen
James Deighton, Executive Director Global Prime Services Investment Bank, J.P. Morgan
Michael Modeski, President of OTC Link & MD Trading Services, OTC Markets Group
Christopher Monnery, North American Head of Electronic Execution Derivatives Products, Citi
Eric W. Noll, Executive Vice President of Transaction Services U.S. and U.K., The NASDAQ OMX Group, Inc.
Thomas Parry, FX Quant Trader, Bank of America Merrill Lynch
STANY'S 76th Annual Conference and Dinner
Dwyer use to serve as a board member on the OTC BB I think. So, I'm sure he has his connections to make this happen.
This cannot just be a coincidence the timing and ATS is all but too familiar! $BCAP
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