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Start and close at the same pps level today.
Not all OTC stocks follow the general rule of falling pps. Here the falling pps has at the moment nothing to do with its hybride financing. They had such a financing before until the end of 2013 and they could switch to it again.
I also hope, that BAYP happens to be a good stock this season, but spring is also a season, so we have to wait, what comes out here.
So you took the advantage of selling shares on the run at the beginning of 2014 and buyed back at a lower level. Well done!
A forward split would be nice, but pps has to remain on the same level.
We need a 1000 bagger to overcome the loss also with "Exit Only"
No, we shoudn't forget that, but it seems to me that the extent of if is much less compared to what shareholders lost during the period of "Exit Only".
I guess, that it was rubs1, who speculated, the CEO does not get any salary.
Interesting, rubs1, than Mr. Porter as CEO wants also his company to get profitable, and does not see the company as a cash cow for his own. It seems that he is working well, also having in mind, that shareholders money can be used in an efficient way to the improvemnet of company and its owners.
That was not me. If I have included this thought in one of my thoughts, than it was speculation only.
It is likely, that he gets a salary as CEO. If not, he probably does not need the salary from Bayport, as he wants the company to improve its situation until the company is profitable.
Merry Christmas to the members of this board.
It depends on how the company was able to fix the pipeline issues.
The company hold your $, represented by the CEO. I'm sure he only did take the adequate part, which Bayports pays him as salary.
I don't know the CEO, and I guess that he has a household with his wife.
I have not stated, that I would know, he needn't any money. I'm sure that he needs money, as everyone needs to satisfy daily needs. Probably he he has some income as the CEO, but of course not all income to BAYP is transferred to the CEO alone. Maybe he has also other sources of income and as long Bayport has not enough income, he might use the income from other sources.
Are there any details about the personal life of the Porters? I have not read them before.
How can you claim, that he is surviving without any money, if you do not know how he lives? Anyway, he is only CEO of the company, he is working for the company. The details about his private life he can keep with him and his family.
Good idea, you should also visit them and look at their oil- and gas wells. At least your're shareholder and own a part of the company, that's your right to look if they use your money in the way you think it is apropriate.
Nice to hear, that you are also still positive minded.
You're right. You're not loosing as long as you hold the position.
Yes, I agre with you, too. The lastest news indicate, that they are working on it.
No, I don't agree. They could sell parts of their assets, to brigde the time, when their income improves from the oil- and gas business. As a result they keep their business, but are running on a lower flame. Or they are able to arrange an intermediary financing to acceptable conditions.
To be honest, I'm not thinking of a buy-out right now, because my preference would be, that they could develop their business on their own. Hard to achieve to stay independent, I guess.
On the other hand, current oil price is not supporting their development, when they depend on the income from sales of oil- and gas. Thus, bigger companies are always luring for good opportunities.
If they finance their investment program from other sources than the sales of oil- and gas, I would guess, that it would be possible to stay independent for them.
Uder this price pressure not only the small companies are suffering. One reason more, that big companies are out-buying smaller ones to increase their own business.
Their wells are in areas, where also othet companies are running oil- and gas wells. I guess their workers are paid well. But most of the work in the oil- and gas fields is done by external companies, thus Bayport itself has not influence on wages.
They have about 700 mil. shares as authorized shares, but they have not sold them yet, according to the company report.
Don't forget the cooperations, which the management has arranged. I guess, that this might support their business.
Today GE has ex-dividend day
What the pps has done after the R/S you can see from the chart. The decline not nesessarily must come from dilution.
About the PR we can speculate, what we should believe or not.
It's true fact, that if you have sold while in the red, you carry a loss.
It's also true fact, that the company does not dilute the stock by selling shares. Read the latest reports.
If there is a miracle on what you are waiting, than maybe you're wrong here. Stick to what the company have announced. It is very easily that the former price come back.
Who cares, if a position is in the red, when the outlook is promising?
If you think you are too much in the red, than you could easily buy some more shares, that you get sooner in the green zone.
He was nominated in 2013 for the election as the ethical microcap CEO, but for sure not for the Nobel Price. I don't know what happened to the election, I guess that it was a nomination only.
Please let it be the decision of the "investors", if they buy BAYP shares or not.
If you can afford, just hold it. It's really hard to give any outlook, but I still have positive feeling, that pps will recover on some higher levels. What they have begun, is still not yet confirmed, what happened with it.
Probably he is holding the ship very strictly in direction.
No announcement does not mean anything bad or good, although I would prefer that they report their 3rd quarter company report.
I doubt, that it would change anything, when the CEO would post here something. We could just guess, if claims posted here, are true or not.
I rather prefer, that a CEO does his job, and when there is an announcement/news regarding the company, his medium to disseminate it should be Bayport's website or the official site, where OTC listed companies have their home: at stockmarkets.com
But of course I agree with you with regard of unproven or already proven false claims against the CEO or the company.
I also would like to know details about what jeagerboy is talking.
When the CEO here is posting, than it's a reason to drop the position.
For the display of price, ask or bid price is used, respectively.
So, I noticed it after you pointed to it. So what can this be? Probably the CEO does not want to publish a report, that's why is so quiet.
Is the devil in cooperation with him (sign of 9999 for the devil)?
Probably a fluky thing, but interesting it occured. How does it occur by accident?
What might have the biggest influence should be stated in a company report.
If BAYP is a dilution scam, why are the Porters are not continuing it after the R/S? The only negative impact, which accured lately, is the declining pps, despite not dilution has occured (believing their statement).