Bayside Corporation (BYSD)

[Spartanfan1]

Here is info that looks intriguing from their recent November 2014 filings. Info about acquiring StackCap and new oil leases has not been pr'd yet. OTC stocks absolutely fly with news during the winter months. Everyone ready for a nice pps ride up with for BYSD?

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StackCap Info
On January 27, 2014 $8,000 of the Note that had been assigned to
Calico Capital, Ltd were converted into 80 million shares of Common Stock, which transaction was in connection with the purchase of an interest in the Jobs Act Equity Group, now called “StackCap”

Further, the Company has acquired a yet undetermined interest in a new venture styled“StackCap”,whichwill be a holding company
for a minimum of 5 companies for which S-1 registration statements
are to be filed. The companies that will make up StackCap will have varied interests, such as an independent oil producing company focusing on shallow development oil projects and a diesel additive company that is currently operational.

Here is a website for stackcap.

http://stackcap.com/contact/index
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Info from filing about the float:

Bayside has presently issued and outstanding approximately 1,661,142,631shares with a current float ofapproximately 100
million shares.
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Oil Lease Information:

The Company has entered into an agreement with Texokan Operating, Inc. on 400 acres of its P. E. White lease whereby Texokan will drill a number of development wells, the commencement thereof being during December 2014 or the first quarter of 2015. The Company will retain a reversionary 1.035% working interest and a 0.5% overriding royalty interest.

The Company has entered into an agreementwith Weatherby Energy, LLC on its Muscadine Field Prospectwhereby Weatherby will assume operations on the property. It has acquired new oil leases and put thewells into compliance with the Texas Railroad Commission.Funding has been arranged for the rework/re-completion of the existing wells and the drilling of a new well on the lease. The Company will retain areversionary 12.5% working interest.

Presently BYSD owns interests in 5 oil & gas projects in Texas
in existing oil & gas fields. Also, BYSD plans to lease and/or complete leasing on 1 project in Louisiana, which are described as follows:

LOUISIANA
Anse La Butte(2) St. Martin Ph.
Some leases have been acquired with the remaining balance to be leased shortly.

Kelsey S. Field–Starr County, Texas.
This prospect covers 160 acres of land and has 4 well on which to rework and re-complete.A verbal agreement has been made with the mineral owners to renew the leases, which should be completed during the first quarter of 2015. The Company will own a 50% interest in the project, which may be reduced upon selling interests to investors. The initial plan is to put all 4 wells on production from the Upper Clark Sand. Each of the wells was
previously completed in this zone and production of 25+ bopd should be attained. Additionally,there are numerous zones up the hole that are productive of oil and/or gas that can be re-completed at a later date. Lastly, there are potential developmental locations to be drilled on the leased premise or on adjacent lands that can be leased later.

6)
Anse La Butte Field–St. Martin Parish, Louisiana.
Oil and Gas Leases on this prospect are currently being acquired with the eventual total of approximately 600 net acres. The project is situated on a piercement salt dome approximately 5-6 miles East of Lafayette, Louisiana. The field has produced from multiple zones in the Miocene formation for many years. The primary zones of interest are shallow sands occurring between 800’ and 1,000’. There are 3 zones that have produced oil on the dome in that range.
The primary zone is the 900’ sand that produced 288,000 barrels of oil from approximately 20 wells between 1977 and 1994.
Initially the Company will drill & complete 3 wells;however, there are numerous development drilling locations available.The Company will retain a 12.5% working interest in the project with initial drilling anticipated in the first quarter of 2015.