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Re: PLUTUS post# 53435

Sunday, 03/24/2013 7:05:05 PM

Sunday, March 24, 2013 7:05:05 PM

Post# of 112299
NO Reverse Split
According to PR 03/19/2013 and Bayport's Website

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.


http://ih.advfn.com/p.php?pid=nmona&article=56819644

FROM Bayport Website:

Question 2:
Is Bayport planning a reverse split?

Answer:
No, a reverse split is not needed and would not be in the best interest of the shareholders. We have our shareholders best interest at heart.

Question 3:
Will the company’s Transfer Agent remain transparent for all to call to verify the company’s share structure?

Answer:
Yes. The company understands the importance of being transparent within the market. Being transparent about our share structure will always keep shareholders from being concerned about any kind of significant dilution.


http://bayportinternational.com/?page_id=8