Bayside Corporation (BYSD)

[stolenluck]

Greetings everyone.

Firstly, I have after nearly 10 years closed out my position with this company. I incurred a massive lost needless to say, this trend of loss was not limited to this last bit of activity including the RS which the new management executed.

However, let us all be very very clear on what happened here and where we now stand! The RS was far beyond what common shareholders authorized and even the most well endowed share count was obliterated on a value basis. The company as all companies has the ability, in the future, to right itself and become viable and legitimate... this is not the case right now though.

For future investors I feel it is my duty to remind you that long investors were wiped out when the insane RS was executed, in my case the PPS would have needed to be $300 for me to break even post-RS. This may turn out to be a viable investment for future buyers but right now it is wildly overvalued and based on their very recent highly questionable behavior and lack of financial performance I would exercise EXTREME caution.

We all take risks as investors especially by taking plays on individual securities and further still on OTC, but do your research and listen to long time investors when it can be traced to historical activity.

Thanks to all and GL, I AM OUT FINALLY!

P.S. one silver lining is I will claim this loss of value from BYSD on next year's tax return.