Bayside Corporation (BYSD)

[alabama96]

I agree about the losing of interest. I am unloading
My last 500,000. Sold 250000 this morning and 250000 a minute ago. I am so disappointed in this and the more DD I do, the more doubts I have. Every time I dig deeper, the more concerns I have. This does not mean their will not be a reverse merger, but it's my opinion this whole thing is a sham. Here is some
things I found during my DD:

Bayport Corp of Tulsa. This is the Porters company. They did business back in 1996 with north american energy group Corp.

"As part of this agreement Bayport has also identified, and has options on, two potential sites for constructing new Thorium generating plants in Idaho, and Utah, and according to Bayport has received favorable Senatorial support in those efforts."

http://www.globenewswire.com/newsroom/news.html?d=103968

So they had OPTIONS to build these plants but 5 years later... Nothing. Actually try to find 1 thing that bayport of Tulsa has actually done. Please someone post one verifiable project they made money on. John grinder is also under investigation by the SEC for fraud. Just google his name
And SEC.

The next thing is that I cannot find a business address or phone number for bayport Corp of Tulsa. The only address I could find
Was from the Nevada state Corp search. So I google mapped their home addresses. Look at their houses? With all this talk about how much this company is possibly making you would think they would live in a little bit of a nicer house. These places are pretty crappy. Their business addresses are also BS. They are ups mailboxes. The Texas address is also bs. I would look into what options to mine actually mean. I think you would be surprised by what you find.

Lastly, I researched REE (rare earth elements). There is only one company that mines these elements in the USA. It is called molycorp. Also upon researching I found GE and DuPont are currently
Buying up properties that are possible mining candidates for REEs. These aren't option these companies have, they are actually purchasing these properties. The other thing I found out was there will not be any new mining for these metals until 2014. Molycorp will be the only company with mining operations till them.

Last point. Look at this bob Stephens guy and james porter. You can find
Both of them of Facebook. Not really the type of person investment banks will risk 20-30 million on.

I am done for now. So angry I sat on this for so long. Not one filing yet with the sec. Research other reverse mergers and do a search on the shell companies filings. There are multiple filings before am announcement even happens.

Good luck people. I may be back in when
I am more confident, but for now I am going
To put my money elsewhere. Don't dump your shares either. Just because it seems
Like or is a scam doesn't mean they will not announce a merger and the stock will shoot
Up.