Bayport International Holdings Inc. (BAYP)

[Lochan]

Based on the PR's they approved for release just before the black out began, I would have to say that, at the time, management hardly knew what was best for this Company. In fact, it is over the past four months that they have been schooled in how a listed company should be run. Hopefully, the days of "ride 'em, cowboy" are over and, in 2012, a new image of professionalism will replace the Wild West Show.

My advice to the Porters is that they focus on day to day operations to produce revenues, control costs and increase earnings. Let Briggs Smith handle press releases with the approval of content by the legal team. Use a professional accounting program to keep your books in order and up-to-date.
Have your legal team review all LOI's, contracts and other agreements before signing. Make sure you keep all personal finances and business finances separate, not like the good old days of private ownership. Avoid forward-looking statements in your press releases where no third party confirmation is possible. And always do what is in the best interest of your loyal shareholders. TIA