Bayport International Holdings Inc. (BAYP)

[Lochan]

Just wanted to let you know I spoke to Briggs Smith this afternoon and this is what he said:

As far as he has been informed, the Conference Call is still on for Thursday, June 28th.

He has not been shown the text of any PR the company wants to release next week. That doesn't mean they won't send him something to look over in the coming days. In answer to one of my questions, he said that if they decided to postpone the CC, they would certainly have to issue a PR before the CC was supposed to take place.

He said the company would also have to release a PR before the CC if there are new projects they want to discuss during the call. However, if the call will only cover updates of news items already made public previously, they do not have to release a PR.
They can talk about the FINRA and the symbol change, the details of the agreement with Rio, production at the first well, mining progress, a dividend distribution and so on without issuing a PR next week.

So there is still a lot of information that can be covered in a CC. I asked him if primarily the updates would be positive and he said they would not have scheduled a CC to relay bad news to shareholders. So my impression was that he was serious yet optimistic.