Bayport International Holdings Inc. (BAYP)

[DragonBear]

So it's clear that Leroy K. Young is a joke

But at the same time JFK is a legit company

Let's just say it's a private company with a sordid past. And the rusting storage tank doesn't count for much.

You might want to review GMND 2 yrs ago. Same ole JFKT, with the same basic angle of frac water. Complete with a report generated by another well known 3rd party scam artist, who just happened to sit on the GMND BODs. Unfortunately for JFKT the GMND scam masters steered a course away from JFKT, leaving Shameberg to find another microcrap scam. Seems his dreams have been answer with BAYP.

So yes, JFKT owns that rusting storage tank, and it sits on property cited by the state of PA for past environmental problems.

It's also verifiable JFKT filed a Form D in Jan 2014 to sell $5M company securities in the market. They filed an amended Form D or Form D/A in Apr 2015, indicating $45K worth had been raised. Both filings acknowledge the revenues for JFKT is $0.00. Apparently there isn't a mad rush by investors to invest in the "legit" JFKT company. Neither is it likely JFKT will be in a mad rush to file another Form D/A anytime soon. There's also no requirement for them to do so.

So my question is why would a company that has at least some business

Guess hemp oil in cosmetics could be called business.

decide to blatantly lie about this LeBonds deal? WTF?

It's called plausible deniability. If questioned by the regulators, Porter can claim the deal sort of fell through, and the two companies agreed $15K in funding was enough. An unregistered stock doesn't have to report the details of material events to the market.

They're setting themselves up for a halt at the very least.

Yeah the potential is there. A bag of mice.