Bayport International Holdings Inc. (BAYP)

[DragonBear]

All I can say WOW 24 billion diluted

in the past year pre split. Having a hard time rapping my head around that 24 billion with no revenue or business yet and they need more cash.

I view it as simply the BAYP scam management solving a dump problem.

First, if they and their affiliates want to make $200K at an ave PPS of 01, they need to dump 20M shares. If they want to make $200K at 0001 pre-split, they would need to dump 2B shares. It might have been more difficult to get retail to gulp down that number of shares at a trashed PPS of 0001.

Second they can suddenly claim the float and O/S is low. Play up that angle for the forthcoming dump. It seems to be working! LOL As in who cares if 20M more is dumped into the current low float of a guesstimated 50M. But having 2B dumped into a 5B float sounds so ugly.

As is they have everything set up for their summer pump-a-rama.