Bayside Corporation (BYSD)

[mario3349]

According to the release that came out back in April: 9:00 am ET April 15, 2015 PR Newswire

"Bayside Corp. (BYSD: PK) today announced just over a 67% reduction off of its current Issued and Outstanding Common Stock as reported in the company's recent Quarterly filings. The reduction consists of 700,000,000 Restricted Common Stock that has been canceled and retired back into the company's treasury."

So, just how many OUTSTANDING Shares are really out there??? 2.1 Billion, 1.4 Billion, less.... just wondering? It implies that there should be a much higher share price for BYSD in light of the $3 Million PLUS sales announced for this quarter. If costs stayed in line with the 1st quarter with great margins then NET profit should be around $2.2- $2.3Million or more. All the hype about this stock MIGHT actually be close to reality. At these levels, hard to find a reason, based on data, not to buy in. IMO