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Be sure, a pump and dump event will occur here again.
Hi Ben, I don't think that the whole investment ist lost here. Indicator for me is, that they did not sell all available stock of outstanding shares till now. If they would urgently need mone income from share selling, they would probably do so.
Yes, gitreal, I'm taking about a virtual office, and a maybe virtual officer. I have not followed a postings here.
Thank you for your detailed explanation of your concerns. Somehow I would agree, but somehow not. Maybe there's another pump-and-dump next year February. We'll see.
I woudn't rely on what an investor, who claims, that he was informed exclusively about travel plans of an officer has any meaning. It is very likely, that a company officer is traveling around to expand the business or talk to people about business opportunities. From what (un)reliable source is that?
Sale from stocks in this case is of course a source of income for the company, because they generated the shares without paying anything for it. Also, if they have not sold the shares through an exchange, they might have changed shares for a service or something like this.
Why do you think, that travel plans of an officer might have an influence to the company?
The thing which has probably more influence is, that I would speculate, oil price is raising again, and when BAYP gets more income from oil sales, their investments might get profitable.
I also would think that the oil terminal company, which they had made a contract with, might play a more important role in the next months.
Probably a reverse, when the predessor merged to Bayport.
And, yes, you're right, in 2013 a reverse split on BAYP shares.
I agree, Ben, nothing than hot air.
Yes, but we are back at half that prices, and we have some, but little volume.
At the edge of nowhere?
Let's still hope, that Porter is doing a good job.
Yes, unfortunately nothing happened.
Probably they thought of upgrading numbers of outstanding shares.
Of course, and we have also seen a steady decline, with some short lasting exemptions, but the decline was not only by issing shares.
Maybe, but time has faded away, in which this promise is kept for real. So we see, that nothing happend, but I don't care.
Yes, in current state, but They promised an upgrade, whatever this should mean.
Hahahha, I agree, taht Porter has enough possibilities to print shares again. They have authorized a lot of them, but three qrters of them not yet issues. (I'm not sure about that, due to missing reports/information for the last quarter).
Thanks, Ben, for the notice. Who set the deadline? I'm not sure, if setting a deadline in this case dues influence anything there. They have to publish reports, if they are obliged to do so.
Yes, what money he is reffering to?
Doesn't matter, we are on the boat.
Yes, but they have promised updates and audit already a long time ago, and nothing happned. So I have my little doubts about what they claim.
Te rumors persits of course, and also since a long time. I have my doubts, but I'm open minded, if some rumours become more transparent. This stock seems to be a "long time investment", if at all.
Hmmm, rubs1, the massive breakout today is a signal, that ppl are looking at this stock.
Has that announcement caused the 4% uprise today?
At the moment I am not very interested, in what Porter is doing or not doing. I hope, that Bayport is able to survive and he is working on the company progress.
Nothing new, and the pps is still at the same level.
I haven't followed the history of any o fthe mentioned people, so I'm open to what will happen.
Yes MM makes their money on the spread, but when more ppl are selling, or you have always an overload of shares, then price is falling.
With regard of the mining claims they have to pay the annual fee. But this is to Californian mining claims, probably other states have similar regulations. Properties of BAYP with mineral content are not located in CA, as I remember.
Hi bluebird, yes it used to hold promise in declining price. Very promising, always present and reliable ...
Nice that you post that long-time chart of oil. The underlining support line shows steady and continuously increase of pps again. There's no doubt for me, that oil price will recover. And with increasing oil price, Bayport could also earn more.
You need not to feel sorry, if you disagree. I'm waiting for the report with latest news, too.
I don't disagree, what they state in their voluntarily reports. Bayport's reports make a good look, and any needed information is in it.
For a microcap pink stock anything goes, right. Maybe also another R/S?
Pink stocks may report this only voluntarily, to my knowledge. To my understanding BAYP management and affiliated persons only own restricted shares to control the company. These voting rights are associated only to the restricted shares, not to the common stoc, which is free tradeable.
Maybe they earn more, when the oild price is raising again, and it's sure that this will happen sometimes again.
Still some traders with a positive mind.
I don't think so, probably just the PR about this nomination was cancelled.
I guess, that this is not a constant nomination, because this topic, when it was fresh (in 2013/14), was removed, and I googled some month ago for it, and there is no nomination or any context to find. Therefore, if the nomination was changed to a title, they did it already a longer time before, but there was no further public response/interest in it.
hhm, than you lost already a lot here. I'm here since '13, saw a good run for the MJ pump, then also a reverse split and a heavy decline. Even that I'm a little disturbed by the performance, I would still ask risky investors, to step in at good, low pps levels, since I hope, they make some better progress in future.