Replies to post #88786 on Bayport International Holdings Inc. (BAYP)

[STOCK_GAINER6]

From that report we can see how many shares the company issued in 2014:
02/2014 160,000,000 shares non restricted
06/2014 230,000,000 shares non restricted

That's 390 Mil. shares. Altough they stated to the end of 2013, that they have already sold all shares and won't sell shares for financing anymore, it seems that they might have used these shares for other purposes. Some doubt might occur, to be honsest.
These shares were issued before the reverse split, which reduced the amount accordingly to the date of the reverse split: begin of August 2014. After the R/S they just stated that they authorized again 700 Mil shares, but yet didn't gave any details for what purposes. Are these new 700 Mil. shares already outstanding? The decline in pps might indicate, that some of them were sold already.
Therefore we have to wait for the release of the next company report, ending September 2014, which might be published soon, when compared to the release date of some former reports.