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Thursday, August 11, 2011 9:58:19 AM
I was told by the company that Bayport Corporation/EXTO will be selling $50 million worth of REEs that will be the primary asset to justify the IPO being launched. I like the no dividend logic much better with the IPO because the $50 million from selling the REEs will go to the financials of Bayport Corporation as straight Net Income/Profit with very minimal expenses (if any) from the transaction.
I'm not a professional don't buy a stock based on anything I say! Don't invest money if you can't afford to loose 100% of it... GLTYA
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