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Somehow news are needed to initiate a development, of course. But a move is initiated, when all bidders are one opinion: the pps must move to a higher level, and accordingly all bids are at the higher level.
From that report we can see how many shares the company issued in 2014:
02/2014 160,000,000 shares non restricted
06/2014 230,000,000 shares non restricted
That's 390 Mil. shares. Altough they stated to the end of 2013, that they have already sold all shares and won't sell shares for financing anymore, it seems that they might have used these shares for other purposes. Some doubt might occur, to be honsest.
These shares were issued before the reverse split, which reduced the amount accordingly to the date of the reverse split: begin of August 2014. After the R/S they just stated that they authorized again 700 Mil shares, but yet didn't gave any details for what purposes. Are these new 700 Mil. shares already outstanding? The decline in pps might indicate, that some of them were sold already.
Therefore we have to wait for the release of the next company report, ending September 2014, which might be published soon, when compared to the release date of some former reports.
From the company report, ending June 30, 2014, the company reports not much new, but they also stated the history of share issuance again:
08/2012 5,000,000 shares restricted
10/2012 36,000,000 shares non restricted
11/2012 17,000,000 shares non restricted
02/2013 27,000,000 shares non restricted
05/2013 40,000,000 shares non restricted
06/2013 50,000,000 shares restricted
06/2013 10,000,000 shares restricted
06/2013 100,000,000 shares non restricted
06/2013 62,641,976 shares restricted
06/2013 62,641,975 shares restricted
06/2013 65,000,000 shares non restricted
07/2013 250,000,000 shares non restricted
07/2013 125,000,000 shares non restricted
08/2013 130,000,000 shares non restricted
09/2013 140,000,000 shares non restricted
10/2013 78,283,951 shares non restricted
02/2014 160,000,000 shares non restricted
06/2014 230,000,000 shares non restricted
We closed in the red today. So it was not you, who picked up the 0,0055 for $69.69.
Besides this, I still hope on some improvement.
There is plenty to do for the managment. But they need not to announce all their single steps. I'm confident with the company also when there is no news now or not regularily.
I can't give you a good reason, but why should they give news every month? I hope they are working on fixing the pipeline. That was topic of one of the last news.
Infos, if any, should be released from the trustees, who oversee the current status.
Yes, I agree, that they could sell shares again for financing/ buying their equipment. But trades also could come from already existing shareholders. It should be stated in one of their next company reports, or at least in the annual report, which is released sometimes in the beginning of next year.
They only announced that the stock was increased to 700 mil. authorized shares again, but they did not announce that they have already sold them. Probably they have done so in part, because ppps declined much after the R/S. They also could hold them back for purposes of exchanging them with a partner for a financing. Nothing exactly was stated about this yet.
Don't missunderstand me. I don't have blind faith in this stock. A normal NYSE/Nasdaq stock would be much more interesting for me. Here our money is "frozen" for a longer time for all those who have buyed stocks before the R/S. The thing which I am confident is, that they announced stop selling shares to the end of 2013 and have completed financing by selling stocks. Now, they have promised to search for a 5 Mill. financing for their business development, which probably is associated with their cooperation to other firms in the same situation.
On the long run, I hope that we see some improvments, but it will depend on how the business will develop. Therfore I still see a chance for investments. Those who have funds left over, should maybe improve their average price for the position. Of course, everybody must decide on their own.
But improvements in pps will not depend if we would wish that, it will depend on other factors, esp. if there is any higher valuation justified, when the company has finished its developments in oil-, gas and mineral business.
Yes, kept this matter out of the discussion in this board.
Hi inesdefilia, unfortunately pps is fixed in concrete.
Unfortunately no run, but today's volume is much more than in some other former days.
It seems that those who wanted to buy this stock, have already enough shares and they want not to sell them right now. So where is the problem? I can't see any problem, when shareholders are holding their shares to that date when they decide to sell them.
The company is doing its job, and hopefully they do it fine.
Hi damit, interesting. Yes, somehow it really sucks, because pps is down much again after R/S. There is a little bit volume all day, but we had not any considerable change towards higher pps.
The Gallium fertilizer probably is very special in its action.
Fertilizing Genta with some Gallium vitamins should be useful for growth.
Pennies range would be really good. The higher volume today is very promising.
Hmm, there have been a somehow better volume last week, but not every day we could expect high volume.
One of the reasons might be, that the judge has not enough information about the company, its business, its importance, the kind how this business is running.
What are the reasons, if any, why there is no court decision? Or have the trustees anything forgotten or neglected?
Starting a business pumping needs sometimes a task force. To get to the start point needs much agreement with their business partners.
Bayport is doing fine right now, agree. Their business opportunities are good.
Until today, no news.
Those who knows about the company will buy shares independently what downtalkers talk about.
Even more freetime today, since I havn't heard anything new.
A little improvement today, that seem sright. Hope we continue with this trend.
It seems, that Genturds have some more freetime on Monday, too.
I undestand, because you just need to have in mind, what user "nodummy" wrote about that topic. It's already more than one year ago. His postings are probably deleted.
Most ppl seems to enjoy the Sunday freetime
But only with respect of that Bayport International Holding, not Bayport Corp.
Any Sunday morning news? Probably we should read the Newspapers first.
Which attracts more news at the moment, is the epidemic outbreak of Ebola in Africa, and some reported, but not confirmed cases in other countries.
And not forget to mention Tesetaxel, an extraordinary good taxene against various cancer types.
Gallium and Genasense would also pair.
Hahhaha, overvalued? With respect of what parameter? Pps is not what counts right now.
Pretty much volume today, compared to former days ...
Yes, I understand
Thank you Mr. 1, I will call you Rubs.
Take your chance and step in, if you think that we will see higher prices. I would guess so.