Monday, July 27, 2015 11:04:27 AM
You're reading wrong on 2 counts:
1. If Porter files a Form 10, he'll be performing a self-hanging in front of the SEC. Any auditor signing off on an audit will be fried by the PCAOB.
2. Porter will not file a Form 10 - not happening. Did Porter tell the SHs who got the 195M shares last Feb? Has he given SHs a list of debt note holders, and details? Nothing to have prevented it. So why would Porter register the stock, forcing him to give out the uglies to the SHs? Speaking of uglies, a SEC filer would be obligated to go on the record with the LeBonds nonsense. As in an 8K. An unregistered stock can blare out any PR it wants, and then sort of forget about accounting for it in an OTC filing.
You want a read? Then try: BAYP is an oil scam stock. Overall as oil scams go, it's quite unimaginative on Porter's part. Questionable is his ability to pump an oil scam.
The Jewel of the Mind is Colored with the Hue of what it Imagines
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