Bayport International Holdings Inc. (BAYP)

[Lochan]

Last August there was talk of a $50M IPO and gold production that was to begin before the end of October, 2011. Some frantic buying followed, and some long term shareholders of EXTO may still be optimistic to this day, but they most likely have bought all the shares they want to own at this point.

The first question is how to keep these longs from selling large blocks of shares due to their disappointment with the lethargic pps? The second question is how to attract new investors to get involved and increase buying pressure? I don't know whether the Company is thinking along these lines, but we will soon know by whether the frequency of PR's increases from one a month to two or three a month.

I would say that April 11 was the beginning of a new era for EXTO and its dealings with shareholders. First, we were given factual news about the oil and gas division. The next PR was an update on the mining division. We were candidly told that the Company's operations are more or less starting from scratch, and management is being transparent by letting us know exactly where they stand.

I believe it will probably take a couple of months to get the pps back to where it was last September, depending on whether the company's operations become fruitful and revenue producing. Giving us more details on that proposed dividend would also help SH morale and give the pps a little boost.

All the best,
Lochan