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Please, no more mention of the 10 day quiet period.
New Jersey? I was born in that dump and lived there for my first 15
Years before my parents thankfully relocated to Florida. Thanks for the award, I think I really earned it!
That hotstocked article is a joke. How does that lady even have a job as a financial journalist. She mentions the hypothesis of the ihub board, but she leaves out the Nevada SOS and the websites which indicate a R/M. Is the merger legit? Who knows, but leaving out the main reason this stock has moved and citing baysidepetroleum.com website is a joke.
Finally got an email about the merger from James Porter. Sent it to the registered email for the websites.
"The websites are just down temporarily. Still moving forward on all fronts. James"
You're right. As well as Harold Camping!
Lol, amazing what this internet thing does.
Yeah, I have a spokeo membership, so i also found his facebook page. I feel like quite the little stalker. Hopefully since he is religious, he is also honest. Guess we will see soon enough.
Interesting information on the websites. Look at the whosis data on the websites. They were all previously under bob stephens and now are all registered under James Porter and Bayside Corp. This is very recent as I looked it up on Monday and they were all still registered under Bobs name.
http://whois.pho.to/cemg.co old registration link
http://who.godaddy.com/whois.aspx?k=kjpLHjZkWXI=&domain=cemg.co&prog_id=GoDaddy new registration link
Wasn't someone saying here the other day they were trying to get rid of Bob Stephens? Not sure if he got the shaft, but he isn't linked to any of the websites anymore. Curious to see what is going to happen next week.
That Vegas office is a ups store. I mentioned that before. You can use Google
Earth to verify it. That however has no bearing as most companies use po boxes when setting up corporations. They would change the address after the merger was completed.
Good point. bet tuesday is the day
Gilded lady is down too.
Im not sure if it's consolidation as much as it is flipping. The thing is one day the flippers are going to sell and the next minute news will come out and this thing will be in the multiple pennies. That is what would happen if I
Tried flipping.
It has something to do with the chart. There was a reverse hammer or something formed on Tuesday. NoDope called it perfectly. Said late Tuesday it was going to see a big pop. Look for his post.
Thankyou. Finally some facts and not assumptions. This crap was getting out if hand.
That is just speculation. We have no idea who's involved in what until the merger is completed.
Look, Sam. Nobody knows what the SS structure is. Those two 50 million par share counts were from an amendment on 5/20/2010.
At that point there was reverse merger in play so it was obviously from the old entity. They will not release the share count until after the merger is officially announce. Only then will we truly know what the count is.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=G9FjBTO2qvNXFPbT2jyS4w%253d%253d&CorpName=BAYSIDE+CORPORATION
It hasn't happened. No filings, no real official announcement. If it happens it will be within 30 days, possibly next week. If there is no real news by July, 1st,
This R/M isn't happening. That is my opinion.
Lol. They have been in that quiet period for 4 months.
My Guess for the announcement of the R/M is after Memorial Day Weekend. The sale of the Gold Bars ends of June 1st, so I am guessing it will be sometime after that. Maybe the 1st of June, maybe the 30th of May. Something tells me its the 1st though. Anyway, Just a guess.
If CIG*, a similar company is valued at 500 million this stock should reach close to $1.
Back up, no update. Oh well
7:03 Am Both websites are down. "error establishing database connection" message received. This sometimes happens when the website is updated. Maybe today is finally the day we hear something.
Yeah, I saw this friday morning before open and almost bought at .025. Pissed me off because it went to .07 before falling back to .059. The shares outstanding are only 10,000,000 with 50 million more authorized. Very Very small float. Might take a position today.
My intentions were I had a one post limit from doing what you are doing to me when Cjstocksup was bashing this stock. If I had any other intentions, I sure wouldn't say that I had a duplicate account. Yes, they would have money to mine it, borrowed money they will have to pay back. Even if they use their personal money it still would be debt that has to be paid back. Revenue doesn't mean squat if the company is 100 million in debt. Why are they so desperate to sell the gold that they are giving the 40% discount? Whatever man, believe what you want. You are obviously an expert of this whole thing. If I was you, I would be happy I am bringing these things to light. All of you worried that I may cause the stock to lose a tenth of a cent. What does it matter. It's going to be at .80 in a week anyway. If that is what you truly believed you wouldn't be so angry about my posts. It is kind of funny. Have a nice day. GLTY
Its public information. It is listed at a 10000 square foot home. Big homes like that have driveways that look like parking lots.
TB honest question. How many reverse mergers have you been in where the cat has been let out of the bag this bad? This company has been talking about it since Dec, and there have been no filings or PR released about it. From what I can see, being so unexperienced, is that most people find R/M due to filings with the SEC. I understand there have been multiple Nevada Corp Filings too, but isn't that usually followed up fairly quickly with SEC filings? Just asking.
Also, after looking at the Nevada Filings, there was a registered agent change, designation, and amendment filed on 2.09.11. I am assuming this could be a SS change. The last designation followed by an amendment did change the share structure, so I am assuming this on will too.
One more thing. For those who question they might not have the money to do the R/M, Lou Porter has a pretty nice house in Tulsa.
The address is 6633 Timberlane in Tulsa. Pretty big ass compound he has there. Tennis courts, BB Court, guest houses. Google earth it. Maybe we finally will hear something this week
I'm not trying to drive the price down. I am asking serious questions that everyone seems to want to ignore. Why won't anyone address the cost of production for those gold
Bars. They are not making $1150 per ounce. Production cost in 2010 was $580/ounce.
http://www.im-mining.com/2010/11/30/average-gold-mine-cash-costs-rise-4-to-585oz-in-q3-2010/
Why would I care about driving the price down. If I truly believe this is going anywhere near what you thing .01 would be extremely cheap. We will find out soon enough who
Is right. Hopefully, it isn't me.
Young buck. Lol. Why doesn't tb respond to the fact it takes
$750-$800 to mine and make the gold bars. That would make tbs math off by about 2 million. They will make a profit of 350$ per ounce. That doesnt value a company at 2 billion dollars. I'm also pretty sure seafood doesn't bring much value to this company either. I love how all of you believe poster Mrpark, even though he comes out of nowhere and only has 33 posts. Why don't we ask tb what the other two r/m he is in right now are going for. They can barely break .01 because of the high amount of outstanding shares. These past two companies have even released PR and filings and still go nowhere. Im in a no lose situation here. If tb is right, I make bank, if I'm right I'll still get around a 1000% return.
LOL. I know nothing, huh? I have done more DD on this than you can imagine. Yes, that was a duplicate account, so I can see why you would claim that. I will go through you points one by one.
1. I did not post any prediction. I mearly stated facts that we know right now. Where do I claim to have any knowledge of what is going to happen. I point out how other reverse mergers have taken place and how they have risen 45,000% plus.
"News that Robert F.X. Sillerman will be taking a new media venture public in a reverse merger with Gate**** Industries drove the shell company's stock up.
Gate**** stock closed at 1 cent on Feb. 7 when Sillerman and other investors agreed to acquire the company for $3.6 million. The stock closed at $2.87 today with more than 1 million shares changing hands. Sillerman used a reverse merger to take "American Idol" owner CKx Inc. public in 2004.
Sillerman intends to recapitalize the shell and change its name to *** to create a company that will launch media and entertainment vehicles."
1 million shares caused this stock to shoot up. That is a low float. 18 million shares traded hand a week ago and the share price went up 1/4 of a penny.
This is how every stock that has ever risen 10000% + has moved. Reseach it, I did.
2. Ok, you are right on the math. I was sending from my phone and driving. Ill admit that I was wrong. However you are wrong too. You claim that they would make $2,817,500 and you would take off 500 for shipping. LOL. Wow, that is some business to be in. How did they get those bars? Did they magically appear. Was the mining for the gold, cost of operations, and the making of those gold bars free. As I said before, production cost can be as high as 800 an ounce. That would leave a profit of roughly 300/ounce, since they are selling at a discount. So if all the 250 gold bars they were selling were 16 ounces, which would be 4000 ounces, would only give them a profit of $300 ounce, or 1.2 million. With your scenario, the profit would only be 735,000. Hardly values the company at 2 billion dollars.
3. I will go off the 2.5 billion shares outstanding, since that is all the real info we have. Maybe you can call Standard Transfer & Trust Company, Inc. or Dynamic Transfer Services Corp. and verify it. Ubtil then, i'll stick to the facts. If the share stucture had been changed they would have to file it with the Nevada SOS. They have not. The last count was 3.4 billion authorized and 2.5 billion outstanding. BTW, it 10% ownership not 20%, for someone who has made so much money, I would think you would know this.
4. Yes, 100 million sharestructure is nothing, so that stock would shoot up. How many with 1 billion has traded to .25, or even .05 or .10. If you think that BYSD will ever have a 100 million sharestructure without doing a reverse split, you are crazy. There is another member on this board who claims to have 19 million, that would put him and Scarf almost 30% ownership in the company. Highly doubtful. So they are either liars, or their will be a R/S.
Anyway thats all the time I have for this. I hope you are right, I was just trying to keep things a little real. Hell, I would make around 180,000 if the company hit .80. I pray you are correct.
Good Luck.
4.
I agree. I feel like some people think he is the second coming. Kind of ridiculous.
I agree somewhat with you no dope, but the low volume comment is a bit off. Bysd has been trading extremely low volume for the past three weeks. Usually around 1 million shares/day. The 10 day volume is 4 million but that is with an 18 million day on the 6th.
Here is some volume stats from april 12th.
On the 12th of April volume was 229,000. 11 days since then volume has been below 1 million. 6 of those 11 days volume was below 500,000. With a low of 74,000 on May 4th. 10 other days it was below the 10 day ave volume. Only three days it was above the 10 day ave volume. So you low volume comment is not exactly true. 6 million shares traded, is almost double the ave volume of 3.5 million in that time period.
Don't let it bother you. It is MM pushing it back down and day traders. Think of it as an opportunity to add more. When the R/M is official .007 is going to look extremely cheap.
I agree, highly unlikely. However previous R/M has gone much higher. Function X went up 45000 this year. I think the all time high was
145,000%. So it isn't out of the question, just doubtful.
This is all around great news! In
General, not just for bysd.
Manipulation. Happens all the time. There was no catalyst to drive the price higher. 18 million shares don't trade out of no where unless it is one of two things, manipulation or stock promoters buying because they ate going to do a pump and dump soon. It wouldn't be insider trading because that would be far to obvious with the ave daily volume. As for goforit's comments on my theories. This is how I come up with them, DZ energy/Gordon Johnson filed with the sec to sell 22 million shares after the 30th of April for a minimum price of .0025. Wired the ask in the morning was 505000 shares at .0025, which got filled.
Then their were other big block trades in the 150,000-2,000,000 range. I have never since day one seen this stock trade with such big block trades, most of which were all or nothing sells. So ask yourself
Which is more likely. DZ energy selling, which we
Actually have information they were intending to
Do, or all of the sudden everyone decided this was the day they should buy in because even though they have no new information, their gut is telling that their will be a R/M any day now. Even though it has been any day now since march!!
Looks like DZ energy is selling. 550000 at .0025 ask. Hopefully that means news today or Monday
Bayport, Cosmic, Horizon..?? Good news is it really sounds legit. I use to have about a million shares and
I have dwindled my position down to 150000. I may buy a bit more, but I'll
Wait till next week. I just don't see this happening anytime soon, as in the next week. By the sound of his email it seems to have been delayed even
Further. Wish we knew what the share structure was going to be.
Works for me on my iPhone!
I think that is what they will do if this thing happens. As long as the price is above .002? They are allowed to sell. They do not have to sell all the shares all at once, they would probably sell enough to satisfy demand, but not so many that the PPS doesn't rise. Or the whole thing could be BS and they will unload a fee million a day until they no longer hold shares. If we see a rise in volume over an extended period of time, let's say a week, that would indicate to me something fishy is going on.
Logical reason to wait to release news. DZ energy cannot sell their shares until after the 30th, unless they are trading over .0089/share. On Monday they will be able to unload their shares as long as the share price is above .0022.(rough number, I know it is in that range). So it would be logical to wait until Monday till they release the news of the merger. That way the 22 million shares sold will be available to be bought, which would raise the share price. That is my take. If no news next week the this thing is BS. I Bought back in today at .0022, so hopefully something positive will happen. Total gamble though.