Bayport International Holdings Inc. (BAYP)

[fluffhead]

$BAYP DD:

6/4 - Today we are pleased to announce the spuding of drilling well permit 38 Milford Lease, Forest County, Pennsylvania. Drilling Permit numbers 38 and 39 have been issued as per Pennsylvania Department of Environmental Protection (PA DEP).

This would be one of many in the Milford well leases to go into active production. Drilling permit 39 will be spudded shortly. We will produce BBL and other fact base data as we get it in. Spud data and drilling permits can be found at:


http://www.portal.state.pa.us/portal/server.pt/community/oil_and_gas_reports/20297


Bayport International Holdings, Inc is on an aggressive plan with focus on the Oil & Gas Energy acquisitions of leasehold, mineral interest and royalties to further our shareholder value and revenue streams. We are in final completion stages of our Gaines County Texas prospect as well.

Once these well's are spudded, revenue should be multiplied and thus increasking mkt cap, pps, and profitability IMO.

TECHNICAL ANALYSIS:

RSI: 61 - still a TON of room to run here
MACD: Bullish Cross (great sign)
Parabolic SAR: Flipped to a BUY TODAY. GREAT GREAT INDICATOR IMO
CMF: Cash is FLOWING IN HERE...Follow the $$$
Volume: > 50mm traded today...volume precedes prices. GREAT SIGN

Blew past the MA(50) today @ .0009 (closed above it)
Looking to test MA(200) THIS week @ .0017 - this level will be key. Break this and we should see a MASSIVE run IMO



Things are looking up here IMO, load up while you can, because with another PR, this thing should be trading MUCH MUCH higher. VERY undervalued. No Debt!!!! GO $BAYP