Bayport International Holdings Inc. (BAYP)

[Lochan]

I originally bought into this Company because it had a seafood division that was supposedly income producing. Why would a lawyer think to not include this division with the filings?

The Porters owe us an explanation of how and when the seafood division will be incorporated as part of Bayport. They should have made their intentions clear from the outset. Saying they wanted to keep the financials simple doesn't cut it. Bayport advertised all along that it had a seafood operation. How can they justify not including it now? How long will it be before the seafood division is shown to be a subsidiary of the parent company?

This needs to be cleared up right away by the Porters. Otherwise, they could be sued for misrepresentation.