Bayport International Holdings Inc. (BAYP)

[DragonBear]

They categorically stated there was NO DILUTION

of BAYP with the JV financing effort.

True a Form D offering of JFK has no dilution effect on BAYP shares.

I again point out the O/S share count went from 230M to 248M between 20-Feb, and 22-Apr. Then along comes the JV in early May.

One has this JFK boondoggle pretending to raise money for a JV. Where they are going to split any future profits with BAYP, in return for what consideration from BAYP? BAYP to get future profits, and it's FREE for BAYP? Well, that's the official scam story.

In reality JFK will never raise much more than they already have or $45K. The JFK contribution will be pictures of their rusting storage tanks. BAYP's first contribution is to throw Shameberg 18M+ shares for the use of his name. Together Porter and Shameberg can walk holding hands into the scam wilderness. Where BAYP's continuing contribution will be to find other scam artists, using their names for future PRs, while tossing more BAYP stock to them. The more PRs with different scam artists, then the more the O/S will grow. One year later the stock issued will hit the float.

The bottom line is that's it's correct to assert the JFK Form D offering is non-dilution to BAYP stock. It's correct to say the JV, or any JV activities currently are non-dilutional. But in 1 yr it will be dilution. If they can keep the stock pumped up to 01, Shameberg will be wanting his free cheese, and dump. At least up to the 1% limit. Yes the cheese will be free with a likely par value of 0.0001. The only cost will be dilution for the SHs.

First though we have to get through the current 179M restricted, and watch the legends fall away.