FT. LAUDERDALE, Fla.,
March 8, 2012 /PRNewswire/
-- Baron Capital Enterprises, Inc. (OTCPK: BCAP)
(www.baroncapitalenterprise.com) would like to take this time to
update shareholders on the Company.
Baron Capital's 2 year business plan is predicated on the
Company owning and operating a brokerage firm. The brokerage
is the catalyst that will feed all the other pieces of the
Company. To date, the Company has not purchased a brokerage
firm and does not offer any brokerage services.
The transfer agency is operational, but does not have any active
clients as of yet. The Company was working with Trans Global Group
to be its first client, but Trans Global does not have the money to
change its transfer agency. Baron was initially going to loan
them the money to facilitate the move, but decided the money would
be better used in-house. Trans Global would have moved two
companies to the transfer agency and Baron was working on two
others. To date, none have setup transfer services with Baron.
The Company is not actively marketing its transfer agency
services at this time. When the Company can successfully purchase
and own a brokerage service then Baron will begin marketing its
service as it will have something unique to offer.
Baron has made some changes to its website by disabling pages of
its business plan not in operation as of yet. In the future,
when and as these services become available the pages will be added
back to the website.
Baron has not made any changes to its capital structure and is
currently working on financing options to meet its future
needs. Once the Company can secure the required capital to
acquire a brokerage firm to meet its needs the Company will amend
its Articles of Incorporation.
The Company plans to file its year end report for fiscal year
2011 by the end of March.
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, President
matt@bcapent.com
954-623-3209
SOURCE Baron Capital Enterprises, Inc.