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Bayport International Holdings, Inc. (OTC Pink: BAYP) Releases Updates On Cannabis Tech Acquisition
11/30/17, 7:00 AM
DALLAS, TX -- (Marketwired) -- 11/30/17 -- Bayport International Holdings, Inc. (OTC PINK: BAYP) announces further details and updates regarding the web development of its latest cannabis technology acquisition in progress.
The Company is finalizing the definitive documents that will be used to close on the transaction. BAYP expects to have the sales and purchase contracts finished shortly; after execution Bayport will announce the acquisition and release further information on the new domain name and development details.
"I am looking forward to sharing the name and the details of our acquisition to the public. We are extremely excited about how all of our assets will begin to work together to create our aforementioned tech platform," stated Clay Franks, CEO of Bayport. "Few people realize how important technology will become in the Cannabis industry as it is about to be forced into a binary transition from slightly regulated to extremely regulated. We intend to monetize a suite of products that will ease the transition for the producers and dispensaries that will be our partners."
Management is currently finalizing the structuring of its new cannabis tech platform, which will be a wholly owned subsidiary of Bayport International Holdings along with www.weedwiser.com
Management will have more news out next week to provide specific details of the new cannabis tech platform once everything is finalized and completed. This will be the latest achievement towards Bayport's goal of building an ecosystem of cannabis tech platforms that complement each other and provide synergies for the Company.
Bayport International continues to develop its recently announced strategic partnership with GreenLink Financial, which will help BAYP generate revenue and build strong relationships within the cannabis sector.
The Company is extremely excited to participate in the growth in the industry that is expected to benefit from the "recreational" launch in California in January 2018.
California represents the largest population of residents in a single state in the US, but also represents 250 million tourists annually, which will also be curious about California cannabis production.
About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. is a holding company active within the cannabis technology industry. Through its Weedwiser.com digital platform, the company seeks to be a leader in the emerging cannabis technology industry. Furthermore, the company is currently evaluating acquisitions within the industry. Learn more about the company by visiting http://www.weedwiser.com and http://www.bayportholdings.com.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Bayport International Holdings, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bayport International Holding's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bayport International Holding's filings with the Securities and Exchange Commission.
Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
www.bayportholdings.com
Email: info@bayportholdings.com
Investor Relations Contact:
Spotlight Growth
Matt Rego
mrego@spotlightgrowth.com
Source: Bayport International Holdings, Inc.
It’s Friday not much will happen today. It’s normal
Good luck guys.
Must be one that sold his ones out.
I feel sorry for the ones who sold out their ones. More money for the rest of us.
Looking great. Let’s keep pushing up.
Morning all. Good luck volume starting to look promising.
Enough people a move it to make something. Penny stocks are a gamble. All of them
Nobody cares all penny stocks are. You take your gamble we will take ours.
This one gonna move finally, hadn’t see. This much volume in a while.
Taxes coming up gotta make some money.
Doubtful it would have done happen
2s are up so somebody knows something to buy all those shares out
I use them sites for this reason to avoid those stocks they promote. Lol
That's why they are pumping it up so they can sell their shares and have others hold them.
This is the instant txt I got. Pump and dump nothing more or less
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Details:
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It's a pump and dump nothing more or less
Yes it is. That's why it was sent out by auto messages to stock holders saying its ready to run. If they send u those messages good chance to avoid the scam I mean pump and dump.
It a go just be patient
Looking good. I got in been watching all the low bids getting bought up its bout to push higher
Stock all over is going down wonder what's up with that
Let's get the word out there.
3s are up
Not funny it's set to run soon as flippers are done. Normal everyday stock.
That's what paid bashers do bro. The newbies fall for their tactics
Looks like twos are up
I highly doubt ones a show up again. Once the part time flippers get out from being impatient it a run smooth.
Major accumulation? What stock u watching lol
Watch out for the scare tactics. They use them a lot to get u to dump and leave so they can grab ones. Flipper tactics. They get u or a bunch to drop your shares goes down they pick them up. Welcome to penny club
Someone buys a little at a time they must know something.
I got all I need.
Yea ones are long gone bud
I've made a lot of money by not listening to paid bashers. They want them ones don't give into those guys.
That's the flippers trying to flip
Haven't tried why sell 2s when u know it's going higher
Agree there
I keep watching this one I google news plus read the news updates. I knew this one was going to be a good pick just didn't know how long it take.
U been here longer then lol. I been invested for bout 6 months just waiting on it to kick in full.
Patience will make u good money here. It's rip and set to go.