Monday, July 11, 2011 2:18:36 PM
EXTO (Exit Only, Inc.). EXTO released news today detailing their acquisition of the Bayport Corporation. This, in essence, is a merger because Bayport now claims controlling interest in the company giving them all the power. The ticker will be changed and shareholders of EXTO now own all the assets of Bayport. These assets will be detailed in upcoming press releases. This is where EXTO could really get running because, as it stands, no one really knows the true value of Bayport. Some estimate the value of the mines that they own to be worth in the hundreds of millions of dollars. Talk about a huge deal since EXTO is trading as a subpenny around .0047.Resistance appears at .005 and .0067 and support has historically held around .0035 and .003.
-Mikey
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