Sometimes even your jaded penny trader Senorita is surprised by the pinksheets. Usually when a company on the pinkcraps holds a conference call, you can see the stock price start to plummet immediately. The main culprit is usually a CEO that doesn’t know his ass from his elbow, and they usually like to announce a delay in product launches or say things along the lines of, “While we are flattered by the stock’s current PPS, we feel that our share price is overvalued.” I kid you not my roaches, I have heard this one YEARS ago from some CEO whose company sells thermometers.
Anyways, let’s get onto the highlights of what I feel was a rather successful conference call.
NO REVERSE SPLIT PERIOD!
Matt Dwyer has several private investors that will be buying shares on the open market instead of through a private placement. This keeps things non dilutive since they will not be preferred shareholders that can convert their shares.
There is NO DILUTION by the company at TOFS, and Matt would like everyone to please STFU with that misinformation. TOFS has been buying shares on the open market, and their S/S has been decreasing.
They will be using non dilutive measures to completely reduce their liabilities by early 2012 as their goal.
TOFS has their paperwork filed with the SEC and FINRA for an uplisting to the OTC bulletin board which should be towards the end of this year, and they also have a goal of uplisting further to AMEX within 2 years time.
Baron capital will be engaging in funding IPOs through a secondary marketplace because this allows them to cherrypick companies without too many liabilities, and can bring in profits of several hundred percent. Focusing on IPOs also gives potential investors a fair shot at emerging companies.
TOFS is currently working on a few products which will be released soon to help smallcap companies generate leads.
TOFS currently has many revenue streams, and a list of 100 clients which they will be offering their financial services to.
Another merging company is in the pipeline, the entity will be announced soon.
These are just some of the highlights. You can hear the entire conference call for yourselves later on at Baron Capital’s website: http://www.baroncapitalenterprise.com/
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Senorita “GO TOFS” Roachita