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Re: A deleted message

Friday, 08/26/2011 1:00:14 AM

Friday, August 26, 2011 1:00:14 AM

Post# of 112299
If all Bayport had was a seafood business with $5M in earnings per year, the earnings per share would be .01. Using a conservative price per earnings multiple of 10, Bayport should eventually trade at $.10 based only on the profit of its shrimp and lobster sales.

The big WOW announcement came before the name change and ticker change. This created a credibility gap that will be filled once the awaited filings are PR'ed. Until then, many will remain in a suspended state of disbelief with regard to the potential of the mining operation. Others are just happy to have gotten in on the ground floor of this monster in the making.