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Aagain?!?!? It was never alive!
You just had Frankel throw in fake press releases (jail) dilute the shares 15,000 to 1 (jail) and now we're back to the same place all in a years time!
Read the my posts and the rest of the message board!
Where is the SEC???
Great point Work-N-Hard. I didn't see that one.
Work-N-Hard please clarify your last post.
Lets talk about the Justin Frankel situation
1) January 30th 2019, Frankel does a podcast and talks about how great BYSD is... he didn't know 60 days from then he was leaving (getting fired)??? Sociopath! He lied to everyone!
2) This is not over until there is a legit explanation for where those "expenses" went under his stewardship as CEO. I have a feeling it was fraud.
3) He was working as CEO of BYSD and co-founder of "Indigo & Haze" a medical marijuana and CBD e-commerce store??? Check out his Linkedin, you'll see his job experience. He is no Jack Dorsey!
4) Am I the only one who notices Frankel chases "hot" industries after they've already been saturated?
5) How in the hell can he erase all of his BYSD data from the internet like he did with all the other scams he was apart of? He cant do it! His part in the BYSD scam will never be erased from the internet.
He owes every stock holder 1,500 shares for every 1 cent invested. Then he will be even with the house. Until then he's a fraud.
This is great news!
Annual Report Delay:
https://backend.otcmarkets.com/otcapi/company/financial-report/215479/content
Can't imagine what the delay is when they just make the numbers up anyway. It's a real head scratcher... At least they're not releasing fake financials (for now). This will end up with a jail sentence.
They probably just copy the balance in Frankel's account anyway.
Congrats are in order to Frankel & Hoffman
They've skipped putting together and releasing 4th quarter and year-end financials (jail) so I don't know why anyone is hoping they'll release 1st quarter financials.
Lets be real, we'd rather them not release fake financials (which are not signed off by 3rd party accounting firm) then the nonsense they've been releasing.
Rockwell hasn't sold one share??? $300,000 of expenses??? Really....
Also, happy Frankel & Hoffman have gone silent in lieu of the constant stream of fake press releases (jail) they've been issuing. Maybe the SEC has caught on, or Frankel has learned its illegal.
No fake releases + no fake financials = not fraud. Welcome to the pink sheets!
Bitcoin touched $5,000 today.
In the last 90 days we've also seen it $3,500. So what have we learned here?
The price of bitcoin has no effect on BYSD. Their is no correlation between the two. BYSD is not a play on Bitcoin... it's a ploy for Frankel & Hoffman to steal.
Fake Press Releases & Fake Financials
Hey Frankel,
You mentioned in your press release below that you were gonna get analyst coverage and big investors. How's that going?
"Stocks that are priced more accurately attract more attention from market analysts, financial media and larger investors."
https://baysidecorp.com/news_releases/bayside-corporation-files-for-1-for-15000-reverse-split/
I guess you got smart and realized what you were doing is illegal by issuing fake press releases (jail) and signing phony financials (jail). Rockwell hasn't sold one share??? Really??
The only way to end this scam is to have no market in this POS! Bad people!
Dear Justin Frankel,
1) You're late on disclosing the most recent financials? As I quote you from your press release here: "This year, under our new management team, the company has not only become current with all its financial filings and held its first shareholder meeting in years."
https://baysidecorp.com/news_releases/bayside-corporation-files-for-1-for-15000-reverse-split/
As you look back at the above press release, I quote you saying you will be current on all financials. I guess that's not the case. What happened? Ran out of investor money to hire the proper accountants and attorneys to make the filings.
2) Did you ever investigate why 380 million shares were traded a few days prior to you announcing the reverse split. Your wells notice from the SEC will tell us if you don't!
Seems suspicious although I'm not out on this stock just yet.
Because 'stolenluck' isn't a cuck pitcher for Frankel & Bayside. Stolen luck is very smart!
Frankel a behavioral scientist?
That's what Bayside's chief cuck, Justin Frankel said on the podcast. If that's true then he should easily be able to diagnosis himself as a narcissist and a sociopath. Only excuse for having no remorse about stealing investors money.
Frankel went from working at Merrill Lynch and then had a short 1.5 year stint at WaveCrest to now working at Bayside? Why would he leave Merrill & WaveCrest to work for this garbage company?
slight pullback today but it's OK. Power business looks solid moving forward.
Waiting on FINRA response...
Excited to see what FINRA does after complaints were filed a few weeks back.
Frankel & Hoffman issued multiple fake press releases lying about the companies future prospects and omitted important debt figures (jail).
Also failed to mention an unprecedented reverse split only a few days prior (jail).
Not to mention ridiculous dilution and hiding their salaries. Jail!
Why is anyone trying to pump this garbage?
This is not a play on crypto. This is a scam.
If they can't raise cash this company is done and so is the scam. If you don't wanna sell cause you've lost so much already just sit on the sidelines and watch this die.
By showing activity in this POS, you're helping Frankel get even richer. Quarterly's will be coming out in a few weeks and they will show minor revenue growth and major expense increases.
Did anyone listen to that god awful podcast Frankel was on? He's such a salesman! #1 trait of a sociopath.
Here are the facts:
1) Frankel bought BTC very early on.
2) One would presume either he has spent all the money and is now stealing from investors or he's so rich he's doing this for sport.
3) Waiting for New York State virtual banking license. Are they really gonna give it to him when you can't even buy BYSD in New York? RED FLAG
Go BYSD?????? Are you kidding???? Not only is 'Fundr Future' right in his post (#73505) it's not just our duty to let every future investor know what sociopathic and narcissistic people Frankel & Hoffman are, its our duty to let their children know.
Hopefully someone will write an article about them one day that they won’t be able to delete. For Frankel, it was about taking a crappy pink sheet stock and doing a R/S scam. He had every intention of taking cash at the expense of the investor.
Klausen: That's not rain, its Frankel's urine.
Time to wake up. Why would you try to revive this dead cat? I don't own any shares. The only reason why m still active on this thread is to do the right thing and help others not get sucked into this scheme.
Why hasn't an accountant signed off on the financials? The expenses of a $6,000 machine is not $50,000.
Reverse split is not illegal, but the press releases are misleading. Time to file another complaint.
Frankel & Hoffman make Gordon Johnson look like mother Theresa. These are bad people.
Read this. Clearly Rockwell has a past of getting in bed with bad companies:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=126962240
This is textbook reverse splitting:
https://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/
Frankel said he doesn't eat if stock drops.
Well, if that's true, then he must be starving at this point. Because all this stock does is drop. If Frankel & Hoffman can only afford to eat if the price rises, then they must look like the Olsen twins circa 1998 right now.
Who said they went dark?
I'm buying. Who else is?
Klausen: Read the quarterly's.
Once you familiarize yourself with those you will see that this company is nothing but paper mache. Frankel & Hoffman are paying themselves fat salaries while Bayside is loaded with debt, and they lose big money every quarter. Then then do RS and next they will issue more shares and dilute everyone again.
Its a lottery ticket at this point
Seriously, if everyone is waiting for the lottery ticket to pay off... then the bid wont drop. How are you gonna feel if you dont sell and Frankel exercises stock options?
The only lottery you've won is his!
Get out of this POS!
How much are Frankel & Hoffman making?
What kind of salaries are these two taking while everyone else has lost big? You know it's gotta be big! Report to SEC!
Sell whatever shares you have
No point in holding onto this stock no matter how much you've lost. This company is going NOWHERE and all that will continue to happen is BS press releases followed by more and more dilution.
Sell, recoup what you can, log this trade as a loss on next years taxes and move on!
Rockwell had to do this...
As I look further into this Rockwell had to force a 15-1. Prior to RS Rockwell was owed 2.38 billion shares = $238,000. After RS was initiated Rockwell lost $168,000. They still own $70,000 worth of stock.
They are still owed $373,000 + 25% which equals $466,000. Now $466,000 at $0.31 equals 144,500. They are owed 144,500 shares!!!
OMG!!!
There is so much room for dilution here and that doesn't even account for how they will pay the note payable for $500,000.
SELL YOUR SHARES! NO PLACE FOR THIS TO GO!
Blazzzzzzzzzeeeeeeeeee
Great pic, but I want results!
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!
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!
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/
Fantastic news. I've been taken to the cleaners with them before Will finally be good to recoup some losses.
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.
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!
This is fantastic news!
NO. They haven't learned from their past mistakes. They will never be profitable.
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!
11 billion in trading volume today.