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Please Sticky that post
Regards
Q
lol I know right, everything that was EXTO is in the past, I myself welcome our new bayport overlords.
if they posted the gold results in the first PR we would explode past a penny but the new CEO said he wanted a steady climb so expect multiple PRs soon!
Its like some of these people have never witnessed a merger deal.
You dont have the filings before the announcement. The website isnt ready to go that instant. Soon people will see the true value here.
i dug through the b@sd board and found quite a bit of DD there on Bayport...lots of info coming...i am looking forward to the company putting out some numbers on its gold production, which is already underway
No he has no idea what he is talking about.
The website was first created back then because they was going to reverse merge into another company but it got botched(bysdd)
if you wanna post DD, do some real DD
The deal was just done. Let them get the filings and news out. Jeeesh. Its like you guys have never been in a merger before.
The website was created on: 16-Nov-10
if this was real would been done by now you think.
http://bayportcorporation.com/
I was only joking.. good luck!
Lol. What you guys have to realize is that EXTO doesnt matter AT ALL. We are Bayport Corp, a huge mining company with hands also in the seafood industry.
I personally have seen their shrimp processing plant in louisiana.
This is the real deal folks.
says for exto at the top of ihub automotive and transportation???
I am holding here... I have realized after years of trading if I simply held long enough I usually make a profit so I will have this one untill it goes to .0001 or $1.00
bayport sold cars?
Not me holding for much bigger things here
So how can we tell if what we are reading in the PR releases is in fact true. In regards to acquiring bay-port corp and producing gold. They used to be an auto maker? Does seem fishy... bought this one with $500 based on rumor.... at .0049... now I have $370-lol
BAYPORT and REDCOR drilling have connections tho
This is riduculouoooosly cheap!
Look at what they bot last is a clue.
been doing penny plays starting back in 2000 seen it all..
The guy going to build a mall the guy going to sell millions product on tv the guy going to build light weight car battery using foam plates all went under..
This company does not have funding to buy a gold mine thats in production look how much they cost. How are they pulling this off? Just the equipment cost millions and the test drilling can not find any info what mine is it.
Referring to the retirement of 1.2B shares of common stock, EXTO explained:
"The board accepted the retirement of shares in order to position the Company for a number of acquisitions that can strengthen the Company and shareholder value. The Company presently has just under 541 million shares of common stock outstanding, with 479 million shares in the float."
It sounds like a portion of the retired shares could be reissued for the purpose of acquiring of Bayport.
Correct. Share structure same as it has been for months
lol, what are you basing that on? nothing? oh well...
EXTO - took me a starter today - will be looking to add more.
GLTA.
not sure, but i think our share structure is the exact same.
They bot a mining company can someone show proof of this mine.
You can start your search for the mine here http://www.google.com/search?sourceid=navclient&aq=hts&oq=&ie=UTF-8&rlz=1T4GGHP_enUS439US439&q=Bayport+Corporation
This company seems fishy IMO carefull..
"With this acquisition, Bayport Corporation has obtained the controlling interest in the company."
I'm not at all familiar with how the share structure changes in a RM. In this case, does Bayport acquire a controlling interest in the company by a transfer of ownership of the 2,000,000 preferred shares which have 1000:1 voting rights compared to common shares? Or will the private owners of Bayport be issued common shares that will equal 51% of all outstanding shares? Or is their controlling interest represented in some other way. Anybody know for sure? TIA
Lot of people want EXTO in the mid 3's.
Will there be a new symbol? If so, when? Where can we find info on Bayport Corp? I just got in, hope it is a ride and a good one at that!
Big orders on the buy side on level 2 someone wants a lot of shares weaks keep selling them. Go EXTO!
Some seem confused here about reverse mergers. R/M's can be hugely successful for both the company and the shareholders, here are just a few examples:
THE REVERSE MERGER BEAST
For those doubting the power of Reverse Mergers when it comes to penny stock shells refer to these:
HMDI - From .0005 to .51 in one day. A 1,020 times increase!
LFZA(USSE) - ran from .0002 to .84 (420,000%)
SXML(AMRP) - ran from 0.03 to $50 (160,000%)
CYBR - ran from 0.001 to 0.50 ( 50,000%)
DEXTQ - ran from 0.0005 to 0.21 ( 42,000%)
CKXE(SPEA) - ran from .10 to 30.60 ( 31,000%)
OBDP(VQPI) - ran from 0.006 to 1.50 ( 25,000%)
PKTO(USAC) - ran from 0.0002 to 0.049( 25,000%)
FCNK - ran from .02 to 3.50 ( 17,000%)
VIPM - ran from 0.0001 to 0.015 ( 15,000%)
SLJB(LFWK) - ran from 0.0015 to 0.20 ( 13,000%)
NXCN(CYKE) - ran from 0.01 to 1.30 ( 13,000%)
HCOM - ran from 0.001 to 0.10 ( 9,900%)
VLNT - ran from 0.0001 to 0.009 ( 8,900%)
CSHD(FHAL) - ran from .05 to 4.00 ( 8,000%)
PRRY(ABDL) - ran from .02 to 1.60 ( 7,900%)
IFLI(PGNT) - ran from .3 to 17.00 ( 6,000%)
LRSY - ran from 0.025 to 1.50 ( 5,900%)
PLSO - ran from .0005 to 0.03 ( 5,900%)
TMXU - ran from .0007 to 0.04 ( 5,600%)
CFUL(CNDO) - ran from .073 to $4.19 ( 5,600%)
GWRX - ran from 0.01 to 0.475 ( 4,700%)
UMCC - ran from 0.003 to 0.14 ( 4,600%)
MXDY(2003) - ran from 0.01 to 0.42 ( 4,100%)
RBID - ran from 0.001 to 0.04 ( 3,900%)
BUIG - ran from 0.0015 to 0.05 ( 3,200%)
DLGIE(TOCK) - ran from 0.011 to 0.35 ( 3,100%)
PGNF - ran from 0.002 to 0.065 ( 3,100%)
FCRZ - ran from 0.003 to 0.095 ( 3,100%)
WPRO - ran from 0.003 to 0.085 ( 2,700%)
DGIF(TDRPQ) - ran from 0.06 to 1.70 ( 2,700%)
RTGV - ran from 0.005 to 0.12 ( 2,300%)
BUNZQ - ran from 0.005 to 0.12 ( 2,300%)
NVBF(NVAO) - ran from 0.25 to 6.00 ( 2,300%)
NNRF(SFDE) - ran from 0.003 to 0.07 ( 2,200%)
FCCN - ran from 0.003 to 0.065 ( 2,100%)
SSTP - ran from 0.017 to 0.38 ( 2,100%)
LNBO - ran from 0.005 to 0.09 ( 1,700%)
MNEI - ran from 0.001 to 0.017 ( 1,600%)
CSBR - ran from 0.05 to 0.80 ( 1,500%)
TVCE - ran from 0.0002 to 0.0028 ( 1,300%)
IOGH - ran from 0.015 to 0.20 ( 1,300%)
PPXP(SFPH) - ran from 0.70 to 10.00 ( 1,300%)
RGNO(FCNK) - ran from 0.02 to 0.25 ( 1,200%)
EPMO - ran from 0.008 to 0.10 ( 1,200%)
OCRI - ran from 0.001 to 0.013 ( 1,200%)
ATGR(ATEG) - ran from 0.004 to 0.058 ( 1,200%)
VIVI(AXGI) - ran from 0.002 to 0.028 ( 1,100%)
SCYA - ran from 0.001 to 0.011 ( 1,000%)
DPDW(MQPH) - ran from .10 to.85 ( 800%)
PRPM(JLNY) - ran from .01-.08 ( 700%)
TLBT(TCHL) - ran from 0.015 to 0.12 ( 700%)
PASW - ran from 0.30-2.00 ( 600%)
COBN - ran from 0.007 to 0.04 ( 500%)
Some good reasons why a company goes public;
Why Would a Private Company Go Public?
http://www.ehow.com/info_7891800_would-private-company-go-public.html
When a company goes public, it involves selling stock to a large number of investors.
While this type of transaction is not in the best interests of every company, it can be beneficial for many companies.
There are a few reasons that a company may consider going public instead of remaining a private entity.
Raise Capital
One of the primary reasons that most companies go public is so that they can raise a substantial amount of money. When a company wants to expand its business operations, one of the most effective ways to do so is to go public. Within a very short period of time, the company could raise millions of dollars from investors who want to buy stock. The company can then use the money as it sees fit with no restrictions involved.
Avoid Borrowing
Another alternative that many companies turn to is borrowing the money they need. The company could borrow the money they require from a bank or from private lenders. One of the issues with borrowing the money is that you have to go through the application and approval process. Another problem with borrowing the money is that you have to pay it back. When you go public, the money that you raise does not have to be paid back according to specific terms as a loan would.
Publicity
Another benefit that comes with going public is the publicity that comes with it. When a company goes public, it will get a great deal of attention in the market. Analysts will provide their opinions on the company and investors will become aware of it. This helps drive up the price of the stock in some cases, and it can also help the company attract high-quality talent. The exposure that is gained through a public offering is generally more than a company could get through a marketing campaign.
Retain Control
One of the major benefits of facilitating a public offering is that it allows the decision makers of the company to maintain a certain amount of control in the business.
By comparison, if a company offers shares to private equity investors, they will usually lose decision making power.
Many venture capitalists want a certain amount of control in companies they invest in.
By going public, a company can keep enough stock to have decision making power if it wants to.
----------------------------------------------------------------------------------------------------------
The Private Company which has gone public obtains the benefits of public trading of its securities, namely:
• Increased liquidity of the ownership shares of the company.
• Higher share price and thus higher company valuation.
• Greater access to the capital markets through the possibility of future stock offerings.
• The ability of the company to make acquisitions of other companies using the company's stock.
• The ability to use stock incentive plans to attract and retain key employees.
Going public can be a part of a retirement strategy for business owners.
• Simply by merging into a public company, a private corporation can increase its value by three to five times.
• Considerable tax advantages are available through the reverse mergers, and proper exit strategies.
• The newly created value can become part of an estate providing value not only for the founders, but for generations to come.
i m out here..wish you the best ...
Exactly... was there ever any question? lol
Well it was a way for them to go public. Their officers become officers at EXTO. That simple: EXTO is no more, now we have Bayport Corp.
These guys are a big company.
The liquidity of the public markets is a powerful business tool...
From your mouth to G-d's ear. I will believe it when I see it. What was in this for BayPort? They gave away everything.
Yes its going to be a fun ride!
So, the only people owning outstanding shares of BayPort are EXTO shareholders?
Well basically Bayport owns EXTO, but as shareholders, we know own all of Bayport haha. This is bigger than anyone thinks. Just wait
You are in error in that they did not give away anything. They own us.
Am I wrong when I thought that BayPort was a 'private corporation' with owners who still should benefit from this merger? I can't believe they gave away the entire store, just to be public.
That's Correct... We are now Bayport and I couldn't be happier GO EXTO
We should own 100% of Bayport i believe. EXTO becomes bayport.
Now what assets they have, should be detailed in upcoming PRs.
What portion of Bay Port will we as shareholders of EXTO own....50%????, and what does that IPO mean to us?
If ticker symbol and new company change doesn't that mean all shares will have to be accounted meaning shorts will need to cover soon. Correct me if I am wrong. Go EXTO. Don't fall for this fake takedown hold tight!!
Holding my shares here. When we find out the value of Bayport's assets this thing will move much higher.
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