$BAYP Bayport International Holdings, Inc. (OTC PINK: BAYP) unveils Technology Platform Initiative and targets Acquisition in Cannabis Tech PMCB
DALLAS, TX -- (Marketwired) -- 11/09/17 -- Bayport International Holdings, Inc. (OTC PINK: BAYP), ("the Company" or "Bayport") is pleased to announce the development of a new cannabis technology platform. Bayport management has determined that the best route to success is not necessarily betting on a single technology or revenue stream, but to develop multiple revenue streams in business lines or services where the Company benefits from "cross selling" opportunities between businesses and/or economies of scale.
"The Cannabis industry is in 'Land Grab' phase," enthused Clay Franks, CEO. "There are thousands of market participants that are entering the business and learning the ropes -- and willing to try anything and everything that helps them grow their business and become more efficient. The more Bayport can do to help these entrepreneurs execute, the more valuable and profitable we will become."
The Company expects to release further information and details regarding the acquisition and platform as soon as possible. It expects to make announcements over the coming days and weeks.
CEO Clay Franks continued, "This acquisition will be the second Cannabis tech vertical, and it will be customized specifically to complement our current cannabis technology website, Weedwiser.com."
About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. is a holding company active within the cannabis technology industry. Through its Weedwiser.com digital platform, the company seeks to be a leader in the emerging cannabis technology industry. Furthermore, the company is currently evaluating acquisitions within the industry. Learn more about the company by visiting http://www.weedwiser.com
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Bayport International Holdings, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bayport International Holding's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bayport International Holding's filings with the Securities and Exchange Commission.
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Source: Bayport International Holdings, Inc.