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As expected - 65% of value evaporated in first day!
OK, now how many outstanding shares are left in this company. Can't be more than 1400 shares. When I bought this, it was only 20 million shares total issued and outstanding I think.
You will have only one share left ??. Rest will be paid....
I had 25,000 shares of BYSD. What will I have post split? 2 shares?
And wasn't this a very low outstanding amount of shares company in the first place?
UH??? We've known this for a month. lol
BIG NEWS
Sent: Sun Jan 6 2019 6:00:02 PM EST
Stock Split in Portfolio
Bayside Corp has announced a 1:15000 split, effective 1/7/19
BYSDD Bayside Corp
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The split is not effective until tomorrow so Brokers won't show the change until they open for business tomorrow morning. Then the Brokers can only change your share holdings if/when the Transfer Agent sends the info.
can you tell me why I can not get any info from etrade on my bysd stock?
I've outline "SUSPECT INSIDER TRADING"...im just an analyst not a shareholder. When I googled these guys.... nothing.... crickets... send to WALL STREET JOURNAL now!
The only thing sadder is that no one is saying anything!
This is financial terrorism! How can FINRA approve this 15,0001 for 1 split? If you see something say something!!! Complaints with FINRA must be filed.
Is this the biggest split in history???? https://www.stocksplithistory.com/reverse-stock-splits/
Scam scam scam, they screwed us share holders. Best of luck for a new year. Have a nice weekend!!
BYSD one for 15,000 reverse split:
http://otce.finra.org/DLSymbolNameChanges
Whatever happened to the 1:20 rs max. He led peeps here to believe.
We are screwed so much in my 10 Million shares!!
Current Value
Daily List Date/Time 01/04/2019 09:55:48
Event Type Reverse Split/CUSIP Change
Effective/Ex Date/Time 01/07/2019 00:00:00
When is this Reverse Split supposed to take place???
If he doesn't have one hell of a plan, this is the biggest ass whooping I've ever even heard of.
I'll keep my fingers crossed...and my eyes, fingers, arms & legs. lol
GLTA
Sad day for BYSD stockholders
Your bet is wrong. 15000:1 RS http://otce.finra.org/DailyList
Scam Scam Scam. That's exactly what this company is. I'm glad another user here said they filed a complaint with the SEC. The facts I've presented in my previous posts on Bayside perfectly summarize the scam they're perpetuating.
Speaking of press releases... why is Bayside putting out pressers about Frankel speaking at some "investor conference" that is probably attended by less people than Steve Bannon's showing of "Trump @ War" a few months ago on Staten Island(FYI only 38 attended the showing). No one cares about presses detailing how they're selling BTM machines. People care about news of dilution of the stock. Those details seemingly never make it into the pressers.
Future BS quarterly statements will show growth due to the BTM machine sales but fear not expenses will be just as high. Their play is to take care of the note payable and the huge debt to Rockwell after issuing. Guess what? More dilution!
Good move. Complaint should be put in on all three parties: Frankel, Hoffman and Bayside.
I sure hope it isn't. I even filed a compliant about this. One thing to do the RS another to leave the share structure at 9 billion. Fingers crossed you are right. But then again, the asses will just have a secret meeting and decide on a different RS that may pass the SEC and we'll go through this wretched cycle all over again.
BYSD bet R/S won’t be approved by SEC
Holy cow! Up 100% today. Or right now. Ohhhhh. Forehead slap. Happy New Years anyway!
And why would any of us be stupid enough to believe anything they put in a PR or for that matter what they put in the quarterly reports. They are liars and pure scum! I totally get the need to do a R/S – but a 15,000 to 1 to wipe out a bunch of little investors – and then leave the authorized shares at 9 Billion. This is a dilution machine – period. The only silver lining here is in Steven Hoffman and Justin Frankels pockets. It is soon a new year – and I hope Karma gets them!
BYSD, Maybe we will here something from them on Monday, if the thing is not as stated in the PR.
It would seem the date will be Jan. 19, which is 30 days after the filing date stamp on the document, 12/20/18
BYSD, expected to be effective on December 29, 2018.
https://www.otcmarkets.com/stock/BYSD/news/Bayside-Corporation-Files-for-1-For-15000-Reverse-Split?id=212027
None of the dates line up with the PD date saying Dec 29th?
30 days from the Filed date would be Jan 20th?
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=053084250205018039094221030124110174181213241041
you unloaded but you're hoping for good things for the company?
Unloaded mine over the last week or so. That sell rally yesterday took the last of mine.
I hit a couple really hard this year and figured I'd go ahead and take the loss to mitigate my tax bill.
Besides, I'll be free to buy right back if this split doesn't go through, or even if it does and it rallies on some big announcement.
Still keeping my fingers crossed he's got something good up his sleeve that we can't see coming???
Wow nobody bought at all what a shame !! Thought there would be a last minute flurry, maybe .0002
So were at the last day before the split, let’s buy some shares starting an hour before closing, an help our share price at closing. Just a thought !
I am seeing 3 dates. 11/12...12/12...and 12/20 and it says 30 days will go into effect. 30 days from what date?
adopted, received, filed 12/20?
per the filing, it is supposed to go down after market close tomorrow, so we will know soon enough, even though I never saw the actual filing other than the one with wyoming
BYSD, Friday and Monday are the end of the Month/Year. I bet SEC will not accept it. If you look on here there are no outrageous splits like what they want?
https://www.otcmarkets.com/market-activity/corporate-actions
You have to use the dropdown and select splits.
wouldnt the company be buying more than a few thousand dollars worth of stock? Could it just be volume from market makers?
2 more days to r/s
BYSD, Ya what's up with that? Company Buying Shares? The Higher the close on that day the Higher we start at.
Someone scooped up a bunch of 1's?
Sunday School Facts
Facts
6/25- Press Release issued in which Justin Frankel and Bayside announced all shareholder proposals were approved… including the 20K to 1 reverse split at the shareholder meeting on June 19th.
11/6- There were $377M shares traded… which was 15 X Bayside’s daily average. (Someone knew what was going to happen at this meeting…. Insider trading??? Who were the insiders? Hoffman, Frankel, Rockwell? Crazy people issuing more notes payable.)
11/12- There was a “special board” meeting where the board changed the reverse split that the shareholders voted on to 15K to 1.
11/14- Justin Frankel signed 9/30 quarterly statement saying it does not contain any untrue statements.
11/15- Quarterly financials released.
11/30- Press release of the 11/12 meeting where Hoffman said “this is not potentially dilutive.” It’s very dilutive Mr. Hoffman… if you’re going to leave the 9B authorized shares untouched. Also, what’s up with the preferred shares? Especially with these debt payments and notes payable! How was the 9B authorized left off this press release?
11/30- Justin Frankel says “Stocks that are priced right get more attention from analyst, media and large investors.” No Justin, stocks that produce cash flow, have low debt, and own more than $100K in assets get recognition from analyst.
Are these large investors the same you had at River View, Wave Crest and Morgan Stanley?
Are these guys drawing salaries from this “operation”? Does anyone know? If so, MAJOR PROBLEM!
My Apologies on my last post. Wrong company. We are SCREWED BIG TIME WITH BYSD. So sad, Karma will catch up with those suckers. Have a nice Xmas and a Happy New Year! Have a nice Evening! Stacy
So the 9B authorization was approved? Did anyone notice the boxed checked with shareholder approval? HMMM I thought shareholders approved 20-1 split not a 15-1 split...
btw Rockwell is still owed $373K PLUS an additional 25%. You know they're gonna request their shares.... then.... DILUTION!!!! How can you forget about the $500K note payable??? I wonder how that's gonna get repaid??? DILUTION! DING DING DING!
but how does this benefit anyone, even hoffman?
Perhaps we should flood good ole Justin Frankel the POS CEO at cs@baysidecorp.com with 9 billion emails telling them we don't approve of the reverse split.
Wyoming Articles of Amendment
What a POS ... Karma - hope they get theirs.
but what would even be the point of doing the r/s and keeping the shares 9b, who even benefits from that?
It is probably because SEC has not approved it yet. The shares have to start at the state level 1st. BUT IDK at this point, if it stays at 9 bil we are totally FKED.
BYSD, The # of authorised remains at 9 Billion. WTF
R/S is official, they filed:
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=053084250205018039094221030124110174181213241041
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