So They never uplisted to OTCBB From Pinks? That was part of there press release from when they did the reverse split also they were getting 5 million dollars? TULSA, OK--(August 1, 2014) - Bayport International Holdings, Inc. (OTC Pink: BAYP) (PINKSHEETS: BAYP) is pleased to announce that the company has entered into an agreement with a very large institutional investment company for financing of up to Five Million US dollars ($5,000,000) upon filing and acceptance of an S-1 registration and up list to the OTCBB.
As a part of the up list the company has reverse split its common stock 100/1. FINRA has set the effective date for this is August 1, 2014. Bayport will update shareholders and general public of the S-1 securities upon final filing.
UPLISITING WAS THE REASON FOR THE REVERSE SPLIT AND THEY HAVE YET TO DO SO>