Bayside Corporation (BYSD)

[BGC2137]

SCAM SCAM SCAM SCAM!!! Money hungry bastards!!!!!!

[Mark_Felt]

What does this mean?

Question: I got this off the September 30th financials. The part I've highlighted in red, what does this mean?


"We utilize ASC 260, “Earnings Per Share” for calculating the basic and diluted loss per share. In accordance with ASC 260, the
basic and diluted loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted net loss per share is computed similar to basic loss per share except that the denominator is adjusted for the potential dilution that could occur if stock options, warrants, and other convertible securities were exercised or converted into common stock. Potentially dilute securities are not included in the calculation of the diluted loss per share if their effect would be anti-dilutive. The Company has 23,238,730,524 and 69,923,730,524 common stock OTC Markets Group Inc. OTC Pink Basic Disclosure Guidelines (v1.1 April 25, 2013)
equivalents at September 30, 2018 and 2017, respectively. For the three and nine months ended September 30, 2018 and 2017
these potential shares were excluded from the shares used to calculate diluted earnings per share as their inclusion would reduce
net loss per share."


How does this fit into debt settlement with Rockwell?
How does this fit in with note payable?

Not being a wise-ass just want to know what this means as I'm not sure. Thank you!

[madcasper]

looks like I lost a few million free shares here, boooo

[apple1732]

Scam

[blizzboy2]

Wasn’t there a buy ten minutes before close? At .90 Why does it show .26 at close

[apple1732]

Shares already lost, you would have to dump more money into this to see it go right back to .0001, then I’m sure people will jump in, wow they took everyone’s shares and you think this would go up?

[work-n-hard]

At least it didn't fall further today. I think, at the least, crypto is going to have to recover and turn hot before this has a chance?

[apple1732]

Crypto’s isn’t the scam stocks are

[apple1732]

What a mess, I knew it, another scam

[Klausen]

but then again, the ask is at .90 right now, and who is going to sell for less? after getting demolished on the r/s, we might as well hold, and that goes for all of us. so if they are not going to issue more shares, which is the key, then there are no shares being sold. so now what

[work-n-hard]

I think most of us has High Hopes. But, so far, he has seemingly dashed those. Not to mention the continued decline of crypto. Hard to see a way back now. I hate it.

[Klausen]

there is nothing more tilting than: "Bayside is pleased to announce...." and it turns out to be an atm placed in a mall. I hope that wasnt their big plan to juice the stock price. PLEASE let there be more to the plan.

Like they are pleased to announce an investment by coinbase.

[work-n-hard]

It is common in the OTC, but it is also common to loose shareholder confidence, because of it. JMO

[Klausen]

I am new to the game but from my very preliminary google researching, it seems that it may be common not to change the A/S in a R/S.

Here is one of the articles I found:

https://finance.zacks.com/split-stocks-count-against-authorized-shares-10955.html


"Reverse stock splits don't affect the number of authorized shares, but a forward stock split issues new stock from the company's authorized shares. When new shares are issued by a company, it adds to the number of outstanding shares and reduces each shareholder's percentage of ownership in the company. This is called dilution, and it reduces the value of each share. Authorized shares represent a potential for stock dilution."

[FundrFuture]

One more thing. For the record. I am not mad I lost money. That happens in penny stock investments. If you noticed, I was one that said get the 20:1 over with. They had a great thing going. I was behind them. Told everyone I knew about it. People I am honestly ashamed to see today with how this worked out. I am really mad at how greedy they were to with the 15,000:1 and especially with not changing the share structure.

Yes, I have filed complaints with the appropriate places - but that does little or nothing to future unsuspecting investors that may or may not do their due diligence and get caught up in the hype of one day this being on the Hot Boards only to lose it all the next day with dilution.

Done with the rant.

[Vercingetorix]

Have any shareholders ever heard from the company at all?

[FundrFuture]

And not a typo.. or a misplaced comma - as they spelled it out after the numbers.

[FundrFuture]

Yup, yup!

[Vercingetorix]

OK, this is a MAJOR caveat for new investors. They obviously have full intention to dilute if they didnt change the share structure to reduce A/S with the 15000:1 reverse split.

[work-n-hard]

Traveling now, can't do it on my phone.

[FundrFuture]

Yup - but that's up to the moderators.

[Vercingetorix]

This should be stickied at the top

[FundrFuture]

See the Common Amendment filed under history dated 12-20-18 with the Secretary of state on 12-20-18.

The number of authorized shares of Common Stock shall remain 9,000,000,000 (Nine Billion).

Wyoming SOS

[work-n-hard]

Go to Wy. site. You'll see the filing for the R/S, but not for a change in the AS's.

[CASHOUTKING]

Is this the biggest split in history????

Not the biggest I've seen recently. However, very close. I believe HCM->C was the largest I have seen. They did a 1-20,000 split back in 2016.

I'm still not sure how these large splits are allowed. It is pretty obvious that a company requesting such a large split is not doing something right. However, it still somehow gets approved

[Vercingetorix]

How do you know share structure still at 9 Billion? I can't find any info on OTC Markets. If it is still 9 Billion A/S then that is 100% confirmation they plan to dilute

[BGC2137]

Agree with you 100 percent. This stock is worthless now. Everyone took a massive loss yesterday. Nothing but a SCAM SCAM!! Karma will catchup with those bastards.

[FundrFuture]

There they go again "pleased to announce" - Karma, karma, karma. If Justin Frankel were smart, he would take his slightly tarnished image far, far, far away from that POS Steven Hoffman who is only successful at running dilution machines. Who leaves a share structure at 9 billion after a reverse split.

[Vercingetorix]

Every shareholder was almost completely wiped out yesterday and lost 80% of their value. News should have been released before the split to support the stock price

[work-n-hard]

Thanks Pigeon, have to see what the first 19' Q looks like. Hopefully, these locations do better than the malls.

[PIGEON RIVER PROSPECTIN,TN]

NEWS Out..... BYSDD ) Bayside Expanding Operations with New Locations in California and FloridaFont size: A | A | A
7:15 AM ET 1/8/19 | Dow Jones


WESTON, FL / ACCESSWIRE / January 8, 2019 / Bayside Corporation (OTC PINK: BYSDD) ("Bayside or the "Company") today is pleased to announce that it has signed lease agreements to place Bayside Blockchain branded Cryptocurrency ATMs ("CTMs") in 3 new locations in California and 1 new location in Florida. The Company plans on having the 4 new machines installed and operational this month.

In California, two of the Bayside Blockchain CTMs, powered by Chainbytes, will be installed at the Fruitridge Chevron and at the Shift Change, both in Sacramento, CA, with a third location at the Kwik Pik in Ukiah, CA. The new Florida location will be at the Cybr-Café in Miami Beach.

Carl Ettlinger, Director of Business Development for Bayside, commented, "We are pleased to work with such great location partners to provide safe, easy, and convenient access to customers who want to buy and sell Bitcoin. We are thrilled to expand our locations in our home state of Florida and in Northern California."

The placement of the Company's CTMs in these highly visited and trafficked locations is just the latest step in a larger plan to have Bayside Blockchain CTMs conveniently available to consumers and crypto enthusiasts throughout the nation.

Justin Frankel, Chief Executive Officer of Bayside, commented, "We are committed to growing the blockchain ecosystem by investing directly in technology and infrastructure that fuels mass market adoption in the cryptoasset economy."

Late last year, the Company announced its intention to do a reverse stock split with a ratio of 1 for 15,000 shares. The split, which was approved by the Board and shareholders, was effective as of Monday, January 7, 2019.

About Bayside Corp.:

Bayside Corp. is an American corporation that trades publicly under the symbol 'BYSD'. At Bayside Corp., we believe that emerging technologies will create new opportunities for generations to come. Crypto-assets and blockchain technology will fundamentally impact a broad range of industries such as financial services, digital rights management, and computer processing and programming, along with many others. Our goal is to become the premier provider of infrastructure in this new and exciting industry. For additional information on the Company visit our website at: http://www.baysidecorp.com.

Forward-Looking Statements:

This press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such projections or statement reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved and that actual results could differ materially from those projected. Important factors that could cause actual results to differ from those projected are decreases in oil and gas prices or decreases in oil and gas production. The company's actual results could differ materially from those discussed herein. Forward-looking statements are subject to risks and uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors which could cause actual results to differ materially from those projected or implied in the forward-looking statements.

Company Contact:

[e-mail]

SOURCE: Bayside Corporation

> Dow Jones Newswires

January 08, 2019 07:15 ET (12:15 GMT)

[PIGEON RIVER PROSPECTIN,TN]

BYSD..This was shorted from the open. I sure didn't have any shares to sell. Bowered shares and someone is hoping to sucker all us in to sell at .05%.. Don't do it.

[PIGEON RIVER PROSPECTIN,TN]

BYSDD, It is E Trade. I just threatened to go to TD.

[RP83]

And you requested that through TD? I am checking to see if ETrade will do that.

[PIGEON RIVER PROSPECTIN,TN]

BYSDD..That was fast.

Mon Jan 07 21:10:04 2019
Credit Request Complete
The request to issue a credit to your account is complete.

Amount: $38.00

[PIGEON RIVER PROSPECTIN,TN]

BYSDD...LOL I did see that but:

look up how much $ U all make on my account. I will give it to TD.
Daniel Y:
I can provide you a credit as a one time accommodation for the $38 fee for the reorganization. Moving forward, the fees will be applied

[PIGEON RIVER PROSPECTIN,TN]

BYSDD, I have E trade and I still have 44 million shares.

[treedoc]

Agreed.

[BGC2137]

Same here, butch of thieves!!!!

[Mark_Felt]

They stole investor money.

#1- The joke will be the BS that Frankel puts out when he releases 2018 year end financials. I'm sure he is going to mention that they opened up a trading desk which will be the new big source of revenue. Who hasn't opened up a trading desk? EVERYONE! No one is going to use them. Who maybe Frankel's big investors.

#2- DO NOT GET EXCITED NO MATTER WHAT THE 12/31 OR THE 3/30 STATEMENTS SAY. They will show revenue gains and continue large losses. The shoe will drop when the 6/30 financials are released and the note payable's are paid with stock and that's where the dilution will occur.

Hoffman & Frankel didn't give this a shot, they stole investor money by means of dilution. In all my years I've never seen anything like this.

A COMPLAINT MUST BE MADE TO THE SEC!

[RP83]

E-trade charged me a "re-organization" fee of $38, and issued me 67 shares. WTH is a "re-organization" fee?!

[work-n-hard]

Not sure if you saw my post a couple of weeks ago, but I sold then. I needed the loss for 2018.
I was hoping he had some magnificent plan that he would unveil today, but it looks like he must have thought that that big split itself was a magic bullet that would shoot him to the NASDAQ?
Boy, was that a wasted dream. lol
I think HIS dream is pretty much dead?

[Erschlossenheit]

crypto ATMs in pharmacy-chain-stores and cannabis-dispensaries would make a lot more sense in 2019.

Millennials, and the Boomers who promote cryptos, are all about weed, micro-dose psychedelics, narcotics and hormones for gender transitioning. They do not hangout in shopping malls these days.

[BGC2137]

We are all screwed with this stock. We were all locked out for most of the day from selling etc. This will be a huge loss for myself and so many others who had many more shares than myself. Scam Scam Company. They destroyed the small investors. Right it off as a total loss for 2019 taxes. This will never go back to its high today.. We were all LOCKED OUT from selling shares today.. Have a nice evening! Stacy

[Erschlossenheit]

The Company's marquis is ATMs in shopping malls. Shopping malls were popular in 1980s, but they are ghost towns in 2019. Commercial real estate is dead.

2). over the past 12 mos. people figured out that cryptos are not as were advertised by the newager potheads Clif & Bix---i.e., cryptos are not comparable to precious metals----esp. because of the crypto exchanges.

3). What kind of wankers are running this BYSD Company? This R/S is outrageously absurd. The market today has judged it so.

[Vercingetorix]

15000:1 reverse split and in first day we’re back on our way to a penny stock

[work-n-hard]

No matter what the tape says, this fell by 83% the first day. And that is while shareholders were locked out of the trading, unless some Brokerage Firm set a new World Record for settling?

[work-n-hard]

What a Knuckle Head. Let's see, I'll R/S 1 for every 15k shares, then I'll maintain my wall of silence.
What happened to the new machines "to be installed by EOY"?
Initially, I laughed when I saw those milly Bids @ .0002 & .0003, now maybe not so funny?
The only Bidder I see possible between .0003 & .25 is NITE?

[voo]

I have now 3333 shares

[blizzboy2]

266,600 float