Bayport International Holdings Inc. (BAYP)

[common_cents]

You don't understand. The indemnification clause in a shell purchase MIGHT and I mean might allow it so that the acquring company does not have to pay for any issues that may come up from the prior shell owners. However, it does NOT indemnify the shell or the exising company from ANYTHING that took place prior to shell ownership. Existing management will have to take care of any issues regarding prior shell issues. This is NOT open for opinion. It is fact. Who pays for any issues might be in question, but not the fact that the issue must be dealt with.

For example, you can probably shells that were purchased where the owners represented that they owned a "non shell" company and reported as such. However, the SEC and FINRA may based on financial results, etc, deem a shell as "shell company" which severely hampers the acquring company's ability to raise capital. Even though such representation were make and perhaps imdemnified, it still doesn't change the facts and will severely hamper the new company who purchased the shell.

So far here, way too many promises and no delivery yet. FACT. That doesn't mean they will or they won't.

Best of luck. Still long here for well over a year.

GMAN