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Alias Born | 09/09/2011 |
Sunday, November 16, 2014 10:56:56 PM
Now you're right UNGS (formely Sylios) plummeted, but that's because they gave away their oil & gas assets for 30 cents on the dollar, and because they hoped and banked on the MJ biz in the south but it didn't/hasn't worked out how they planned after medical MJ didn't pass in Florida (they're a Florida company and would of been huge with their medical dispensaries that they planned on in medical settings). Also, it didn't help that nothing has come from their merger that they pumped for months. But what mostly hurt them is we got their assets in West Virginia and a great deal because they tried to sell their wells prior to dealing with us but before got their deal pulled at the last minute and then had to scramble to get something done while dealing desperate:
What BAYP acquired is tremendous value:
Keep in mind BAYP not only has some of these 125 West Virginia wells already operating but also already have producing wells in Pennsylvania, Mississippi and also now have the Brown lease in Oklahoma:
Even with lower gas prices their projections should take PPS over .03, no problems? Market Cap is only $343,791 and obviously belongs in the millions... Now some say, but we can't trust them because they R/S but we know it was for a reason... I think it was a good R/S if there is such a thing. Some also say the O/S has been raised to 45m and A/S will eventually be maxed out but even still, can you find a better O/S in the sub .05 range (forget float I'm talking O/S)? Like I've been saying, soon enough BAYP's PPS will reflect the companies true value. So time is now to get in imo because I think it's under valued; it's still under most radars but prices are already stabilizing. and the chart is ticking up! Only a matter of time before buying pressure comes
http://bayportinternational.com/
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