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Monday, February 01, 2016 2:08:31 PM
The facility is owned by the company and is on 6 acres, sitting adjacent to the Susquehanna River. It has a high infusion rack and pump system, 5 major tanks that could hold 2.4 million gallons of petroleum or water liquids needed for the natural gas industry.
This facility was once a hub for the 1300 mile long Sunoco eastern seaboard pipeline. News of them raising 5 million came after May of last year so the hope is they invested those funds in the terminal so that it can fully function. IF activity on the Marcellus and Utica Shale pick up, BAYP's PPS will too? Obviously that's not a certainty but with it trading at bottom I think it has plenty of room to correct.
So others can say and think what they want but FACT is. When that 5m was 1st discussed on May 8th BAYP traded @ .0123. If people today can't see the opportunity with it @ .0004 then so be it. All I can do is support what I say with undeniable evidence.
http://www.otcmarkets.com/stock/BAYP/chart
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