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

This is a fair question for any pinksheet company,

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Post# of 16816
Posted On: 02/21/2013 4:10:30 PM
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Posted By: mdimport
Re: bfavre40 #11338

This is a fair question for any pinksheet company, and here's my considered response:


"Has anyone considered the possibility Matt is full of it and we never get a Q and he just dumps as many shares as possible all while laughing at us?"


There were 72M shares traded in January. Assume Matt issued all of them and they were all sold at $0.0010 that would have raised him a grand total of $72k.


Reality check: We all know the share price was at a high of $0.0005 and a low of $0.0002 after someone sold into the bid out of frustration. If you don't believe me, look at any stock chart. Basically the max shares that could have been sold by the company would have been $36k, and in practical terms much less than that.


I know for a fact that a bunch of those shares weren't from BCAP, because they were wash trades as I moved them from my long non-Roth IRA account into my Roth IRA. I also know a couple of other shareholders that have done similar for their accounts (IRA's and UTMA's (the ones who have kids)).


If Matt's trying to scam us out of somewhere lower than $36k, he's an idiot and a piss poor scammer. Go look at SAVW, GOIG, ENTI, THRR, HFBG, SFIO, and many other tickers if you want to see what a share selling scams look like. They run into the millions of dollars, not $10-20k.


The only people laughing at you are the bashers on iHub who've managed to make some shareholders sell out of fear / frustriation.



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