alabama96 Share Monday, April 25, 2011 6:35:02 AM Re: None Post # of 14831 The Alabama case and Bayport Corp....
I have do extensive research on this. I actually have ordered the documents from Pacer and have gone over 100 pages of them. I originally thought that these companies were connected and this was one of the reasons for the hold up. The case was dismissed due to the fact that the Plaintiff Caregivers of Pensacola and Consult America filed the case after the statue of limitations were up. It was an insurance fraud case. Apparently, Bayport Limited, AKA. Bayport Indemity, was charging the plaintiff insurance premiums and keeping the money for themselves. Anyway to make a long story short, this bayport company is incorporated under the laws of Turks and Caicos Islands, not Nevada. This Bayport is owned by a man name Rex Rankin who resides in Decatur Alabama. This Bayport and Bayport of Tulsa are two completely different companies and this case has nothing to do with this merger. The case where Lou Porter was involved happened in Texas over 30 years ago and has no bearing on this merger either. So for those who say there is a case in 2010 against this company, that is completely false. There may be some iffy stuff going on here, there may not be, but there are no legal cases against any of the companies included as of now. Good Luck people. Hopefully it is legit. Would be the first R/M ever to be so publicly announced before the actual merger, but one can never know.
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