The updates from BAYPD are very promising as far as I am concerned.
Bayport International Holdings, Inc. Updates Shareholders on Reverse Split and $5,000,000 Financing.
Bayport International Holdings, Inc. Updates Shareholders on Reverse Split and $5,000,000 Financing.
TULSA, OK--(August 1, 2014) - Bayport International Holdings, Inc. (OTC Pink: BAYPD) (PINKSHEETS: BAYPD) is pleased to announce that the company has entered into an agreement with a very large institutional investment company for financing of up to Five Million US dollars ($5,000,000) upon filing and acceptance of an S-1 registration and up list to the OTCBB.
As a part of the up list the company has reverse split its common stock 100/1. FINRA has set the effective date for this is August 1, 2014. Bayport will update shareholders and general public of the S-1 securities upon final filing.