Bayside Corporation (BYSD)

[Another Casualty]

From the following news released yesterday.

DRILLING ACTIVITY:
The Company does not have current plans to drill any wells; however, the leases owned by the Company have multiple
developmental locations to be drilled at a later date.
5. PRESENT ACTIVITIES:
Presently there are two wells on which re-entry operations have just been completed and testing is ongoing. There are
no other wells being drilled, re-entered or reworked by the Company at this time. The Company expects to begin
rework operations on at least 17 wells during the second and third quarters of 2011.


I wouldn't sell my shares, this company is planning on upping its business very soon.