Bayport International Holdings Inc. (BAYP)

[rawman]

On March 31, 2020 BAYP claimed 24,000,000 Preferred shares issued and outstanding. Contrary to the OTC's Alternate Reporting Requirements, those holding the 24mm Preferred have not been identified in a quarterly report, since 2016. Although there are multiple errors in the Q2 2020 Financial Report, it shows John Kellas is the Top Knot, Inc. designee for 10,000,000 Preferred Series A shares, as June 26, 2020. Each Preferred share entitles the designee to the equivalent of 1000 share votes. The Preferred shares are also convertible into one common share for each Preferred share. What happened to the 24,000,000 Preferred that have been on the books since 2013? They are gone and there is no record in a quarterly report to suggest a conversion occurred. Any such action must be delineated in the Q2 2020 Report. The 24mm shares were originally distributed to Clay Franks, John Porter, and Gina Porter in 2012 and 2014.

10,000,000 Preferred Shares, converted to 10,000,000 common shares, would yield the handsome sum of $150,000,000, based on a share price of $15 per share! John Kellas, the guy holding the 10,000,000 Preferred, as of June 26, 2020, is also the slug who is suing BAYP for non-payment of its debts. Kellas bought the debts from BAYP's creditors and Paul Strickland quickly agreed to a bogus settlement proposition by signing off on paying $550,000 in BAYP stock to clear $303,000 debt obligations.

BAYP is a complete shareholder ripoff, which is being orchestrated by Paul Strickland and John Kellas. Today I filed an official complaint with the SEC. At the very least the combo of Strickland and Kellas, along with any paid "helpers", are likely committing civil and criminal SECURITIES FRAUD! We shall see!

Be very assured, the SEC definitely pays attention, when a nothing company, such as BAYP, all of a sudden is boasting a $6 billion Market Cap!