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It is different when only you get charged and they don't have the product to ship to you. But when they are charging multiple people's credit cards knowing that they aren't going to send you a product that could be seen as fraud. You don't think the SEC or FBI or whoever won't find it suspicious that multiple people are having their credit cards charged for a product they believe they are purchasing and then not receiving it?
Well if most people actually read the website and did some DD the U.P.S website stated they are only a distributor. So yeah, it would make sense that they resell the chargers and whatnot. However, Chin's PRs are absolutely ridiculous and he has to be one of the worst CEOs to run a business... its pathetic. We are stuck at No Bid so everyone should chill out, bashing the stock even more doesn't help the stock. Neither does pumping it up.
Regardless of whether or not they had a deal in place, Chin has not come up with the big announcements, has not become transparent as he said he would, a sh!tty website is not delivering on his word. I wouldn't say he has committed fraud yet because people just ordered on Thursday and usually it wouldn't process until Friday and shipped out then or on Monday, but he's on very thin ice right now.
So if he isn't going to use any type of U.S mail delivery system does he intend on driving each charger himself to their location? He can be charged with mail fraud (or fraud itself) if they take money from you with the intent on delivering goods and then not doing it.
If Lou's response is made up, it wasn't by me. I got nothing to gain from making sh!t up. I invested money here just like others, with the hope of a reverse merger and making some money. I got school bills to pay, so pumping the stock up just to see it fall doesn't help me out at all.
Well your mission, if you choose to accept, is to find these filings with the SEC. You may not make it out in one piece, but that's why you're gonna strike it rich if it's all true.
Response from Lou Porter:
It's in the hands of SEC and they tell me it will be Publicly traded as we have filed final papers. Still on and transfered on paper.
-----Original Message-----
To: investorrelations <investorrelations@baysidecorp.com>
Sent: Mon, May 9, 2011 8:21 am
I am a long-term investor in Bayside Petroleum (BYSD) and I am wondering if the reverse merger is still going to take place? If so, when could us investors expect to hear some news about it? On the CEMG website it said the company was to provide a 10 day public notice about the reverse merger valuation by the end of March 2011 (hoped to). It is now May 9th and still haven't heard any news on whether or not the deal fell through or whatnot. Again I am a long-term investor, not a flipper, pumper/ basher, etc. I would really appreciate it if you could respond to this matter.
Thank You,
Mark *******
Well since you ordered on Thursday, they probably didn't process it until Friday, so you probably wouldn't receive it until Wednesday or Thursday this week depends on shipping method. Unless I'm wrong I don't think that they deliver via Jet or Telepathy, so you're gonna have to wait another 2-3 days.
How are people here getting a response from Bob Stevens? I emailed the investorrelations@baysidecorp.com and bob@baysidecorp.com and both emails got sent back with a failure.
New FINRA rules took effect today.
Relax, he usually puts out a PR after hours.
Anyone else use Sharebuilder? I tried to add more BYSD shares and I get the "A security with the symbol BYSD is not recognized as a valid listed security. Use the Find Symbol option if necessary" even though I own/ bought BYSD shares through them before.
They have been in the "10 day quiet period" for quite some time now if I've been reading the board correctly over the last 2 months. I emailed Bob Stephens yesterday, I'll let you guys know if I get a response. Who posted that they spoke to Mr. Stephens or Mr. Porter and was told after the merger, that the PPS would be $0.80???
Nope, got a Droid.
Don't sell all 6000 shares for food... remember you gotta buy some new teeth.
well yeah. They would have to reduce shares quite significantly for us to make some real cash though. Either through a buyback or the dreaded R/S.
Is that what you're hoping happens with SNRS? Get some infomercials out on HSN...
GSL* was trading at .28 cents a month ago... id be happy with a dime
They also removed the "letter from the CEO" link off of the website.
Whats step 2? They finally file 10-Q...
What's the share structure for SNEY?
Month late if you ask me...
We don't care where we "WERE"... WE ARE AT $.007 RIGHT NOW. So quit saying we are at $.7 (70 cents) right now.
How are you comparing VIPR to EYSM? EYSM is a local directory search company, that actually has a good CEO, and good business model. VIPR hasn't done sh!t. Terrible comparison.
We're not at $.7 cents, we're at .007 cents so quit posting numbers like that.
You guys think the merger will happen? I thought the merger was supposed to take place in March, then April, now we're in May and nothing yet. Didn't they have the 10 day quiet period like 2 weeks ago?
How do you say something "turned out to be" a scam and then say its just your personal opinion? It would have to be a scam or not, you can't just claim something turned out to be a scam and then just say "just my opinion."
Same here. I just sent Mr. Chin an e-mail, if he responds I will post back. I want to see if he really plans on following through with his "Letter from the CEO," and responds back to investors.
Can you learn how to read please? I never said I sold my shares, as a matter of fact I bought more on the dip. Read all my posts, I said people need to start hitting the ask more.
Buys are coming back, but at the Bid... if we wanna move up gotta slap some asks...
People are panicking, all these sells now, should of sold an hour ago for maximum profits for the day.
0.019
0.0009 4.74% Range: 0.0187 - 0.021
Open: 0.0187
Vol: 18,550,240
Bid: 0.0186 Ask: 0.019 Size: 50 x 50
ETMM 0.0186 50
NITE 0.0185 50
DOMS 0.0185 50
AUTO 0.0165 50
RAFF 0.015 50
LAFC 0.015 50
HDSN 0.0126 50
PUMA 0.01 50
BMIC 0.002 50
CSTI 0.0001 50
NITE 0.019 50
ETMM 0.0196 50
VFIN 0.02 50
AUTO 0.021 50
RAFF 0.025 50
DOMS 0.028 50
PUMA 0.029 50
HDSN 0.029 50
BMIC 0.07 50
CSTI 0.2575 50
0.0197 50000 16:09:22
0.0194 443489 16:08:07
0.019 103646 15:54:20
0.019 28000 15:54:15
0.019 60000 15:54:08
0.019 9334 15:54:02
0.019 21000 15:54:00
0.019 4000 15:53:58
0.019 50000 15:53:16
0.0196 1270 15:53:11
People need to start "ask" slapping. Get it back over .02
0.02
0.0019 9.50% Range: 0.0187 - 0.021
Open: 0.0187
Vol: 17,258,090
Bid: 0.0197 Ask: 0.02 Size: 50 x 50
ETMM 0.0197 50
NITE 0.0185 50
DOMS 0.0185 50
AUTO 0.0165 50
RAFF 0.015 50
LAFC 0.015 50
HDSN 0.0126 50
PUMA 0.01 50
BMIC 0.002 50
CSTI 0.0001 50
NITE 0.02 50
ETMM 0.02 50
AUTO 0.021 50
RAFF 0.025 50
DOMS 0.028 50
PUMA 0.029 50
HDSN 0.029 50
VFIN 0.029 50
BMIC 0.07 50
CSTI 0.2575 50
0.02 50000 15:39:50
0.0197 10000 15:37:43
0.02 5000 15:18:29
0.02 5000 15:14:12
0.02 5000 15:10:00
0.02 190000 14:58:25
0.02 10000 14:57:48
0.0198 10000 14:57:48
0.0195 150241 14:57:38
0.0196 150241 14:57:38
The company is planning on reducing 1.65B shares in the coming weeks. If it becomes profitable in the summer as stated by the company, they can pay off their debt and then think about a possible buyback of shares. They already stated there will be no R/S in 2011. Someone else posted that they said there wouldn't be a R/S next year as well, but that could of been a mistake.
Per DD of Tide8888...
"The Alabama case and Bayport Corp....
I have do extensive research on this. I actually have ordered the documents from Pacer and have gone over 100 pages of them. I originally thought that these companies were connected and this was one of the reasons for the hold up. The case was dismissed due to the fact that the Plaintiff Caregivers of Pensacola and Consult America filed the case after the statue of limitations were up. It was an insurance fraud case. Apparently, Bayport Limited, AKA. Bayport Indemity, was charging the plaintiff insurance premiums and keeping the money for themselves. Anyway to make a long story short, this bayport company is incorporated under the laws of Turks and Caicos Islands, not Nevada. This Bayport is owned by a man name Rex Rankin who resides in Decatur Alabama. This Bayport and Bayport of Tulsa are two completely different companies and this case has nothing to do with this merger. The case where Lou Porter was involved happened in Texas over 30 years ago and has no bearing on this merger either. So for those who say there is a case in 2010 against this company, that is completely false. There may be some iffy stuff going on here, there may not be, but there are no legal cases against any of the companies included as of now. Good Luck people. Hopefully it is legit. Would be the first R/M ever to be so publicly announced before the actual merger, but one can never know."
We just hit .02... GO SNEY!!
When did the last run to .09 occur?
Gotcha. Wasn't quite sure. Man I'd be pumped if it hit $.80 (or more).
I thought CEO wasn't supposed to disclose any information like that until the deal was completed?? I could be wrong though.
I like $0.70 PPS... do you think SNEY can hit multiple dollars though? Take a look at Moly Corp another REE company trading around $70.