Bayport International Holdings Inc. (BAYP)

[Lochan]

Referring to the retirement of 1.2B shares of common stock, EXTO explained:

"The board accepted the retirement of shares in order to position the Company for a number of acquisitions that can strengthen the Company and shareholder value. The Company presently has just under 541 million shares of common stock outstanding, with 479 million shares in the float."

It sounds like a portion of the retired shares could be reissued for the purpose of acquiring of Bayport.