Bayport International Holdings Inc. (BAYP)

[Lochan]

When I spoke last week to Briggs Smith, the Bayport/EXTO IR guy, he asked me how long I thought it would take for a Company as complex as Bayport to make its filings, post financials, etc. My answer was "three months." He agreed and said that the Company found out what really needed to be done for CE removal around Sept. 15, so three months would bring us to Dec. 15th. He seemed pretty certain that Bayport would be up-to-date with its filings by then, but when dealing with administrative bureaucracy, one cannot be absolutely sure one way or the other.

The Dec. 15th date is merely a guideline for when both the officers of the Company and its shareholders hope to see
that compliance with all regulations has been accomplished and the CE is lifted.