DD Support Board and Research Team

[DragonBear]

The float is still small too.

Due to a 100:1 reverse split last year.

Also, this was full disclosure which shows a lot of transparency.

There's nothing transparent about BAYP. Shall we start with the stock issuance?

They start with 15M O/S (post split adjusted), and end the year 31-Dec-2014, claiming they had 54M. Never mind they only accounted for an increase of ~15M more shares in 2014 in their OTC Annual. The TA reports (via the OTC site) in Feb 2015 the O/S was 230M. Unless one is willing to believe 176M more shares were issued in Dec-Jan, and only 29M during all of 2014, then management lied in Dec. The TA gave me the figures as of 22-Apr, and the O/S count has dribbled up to 248M, with restricted shares at 179M. The restricted, and O/S count in June will be interesting.

Where did BAYP management give a history of convertible note issuance? Answer: It doesn't. Nowhere in the 2013, or 2014 will you find the words convertible debt or notes. Yet we just found out today, such creatures exist in BAYP ville. Wonderful transparency.

So who did they issue the shares to, par value, and for what purpose, while taking the O/S from 15M to the current 248M? How much was unrestricted to pay for the Doyle's of the world offering their sage financial advise?

Can you find in a BAYP PR bragging about buying another played out well: Cost, debt notes and/or shares to finance the transaction? Wonderful transparency again. SHs have no idea what's being paid for played out wells. In another words SHs have no idea what the cost of the PR is going to be in future dilution.

Then there's the problem as illustrated by the Oklahoma 2 well pump PR announced 3 days before the T-trade yesterday, and the belated announcement of the convert and dump today. What was the stated oil production for the 1 well (with the other inactive)? There is none stated. What is the lift cost? None stated. What is guidance for actual production, and profit, based on what ave oil price? There is none. Magnificent transparency!!!

this company is finishing an audit.

Yeah, they were finishing an audit in preparation for a promised Form 10 by a promised Dec 2013. Neither happened. And using the formula it takes a piss-ant scam company 18 months to complete a yearly audit to explain their failure in 2013, we have a situation where they will never be able to complete the last year's audit for a Form 10 filing (e.g. 2014 takes mid 2016 to complete, 2015 takes mid 2017 to complete). Scams don't like to reveal behind the curtain Shenanigans. Neither are unregistered stocks submitting unaudited reports to the OTC required to do so. There will be no Form 10 for BAYP submitted. No need for an audit which could easily be completed in 3 months.

Transparency for BAYP is a joke.