EXTO: Extremely Positive Corporate and Shareholder Update 3/19/13
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 will not do 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.
