FT. LAUDERDALE, Fla.,
Sept. 19, 2012 /PRNewswire/ -- Baron
Capital Enterprises, Inc. (OTCPK: BCAP)
(www.baroncapitalenterprise.com) previously announced the Company
had retained Broadridge to conduct the mailing and share count for
an Amendment to the Company's By-Laws.
Broadridge notified the Company today that the hard mail piece
has been mailed first class mail and the electronic copy is being
sent out via email tonight. Everyone has the ability to cast
their Consent via email or phone 24 hours a day 7 days a week.
A total of 690 Consents have been sent out to shareholders who
owned at least 100,000 shares of Common stock or more as of
August 24, 2012, of which 483 will be
sent via email and 207 via hard mail. The Company hopes to
have enough shareholder Consents in favor of the Amendment by mid
October.
The Company will post the Second quarter financials prior to the
end of the month so the rating on Otcmarkets does not drop below a
"Yield" and will follow up within days with the Attorney Letter to
move back to Current Information.
Next week the Company plans to announce what the Company has
done with funds raised from current shareholders and how this will
not have any dilutive effect on the Company.
More updates on the Company to follow over the coming weeks.
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.