Bayport International Holdings Inc. (BAYP)

[$King]

Bayport International Holdings, Inc. Issues Corporate and Shareholder Update
Date : 03/19/2013 @ 10:09PM
Source : OTC Markets
Stock : Bayport International Holdings, Inc. (PC) (EXTO)


Bayport International Holdings, Inc. PINKSHEETS: EXTO. We are sure that most shareholders have noticed a difference in direction of Bayport and management. Bayport would like to briefly catch shareholders up to speed and provide some insight into the future of our company.


In January of 2013, we began an aggressive plan to acquire oil and gas interest in the continental United States. Although the current focus is more on the oil and gas producing interest side, mining is still in our game plan.


We believe the diversity offered by producing gas and oil interests will help to deliver a steady stream of revenue and asset evaluation for the short and long term. Bayport has the resources and the capability to do such with minimal dilution. With that said, we currently have no plans of doin a reverse split in 2013.


Bayport has closed several of the previously stated oil and gas interest deals and we still have several more on the horizon. We will release information on each and every one as we go forward. We are in the middle of some acquisition closing now, we have started the filing process this week.


Additionally we wish to announce that Walter Steele will no longer be part of Bayport, as of first quarter of 2013 and all preferred shares will return to treasury. Nevada sectary of state will be updated very soon with the new data.


With the new focus on producing gas and oil interests, we are working towards an overhaul of the corporate website. It is our intention to provide both current and prospective shareholders information and photographs when available of the properties as they are acquired.








About Bayport International Holdings, Inc.


Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Texas.


www.BayportInternational.com





Cautionary Note Regarding Forward-Looking Statements


This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.





Investor Relations Contact:





Briggs Smith


813-438-5225


[e-mail]



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