Replies to post #51285 on Bayside Corporation (BYSD)

[bman]

Nice post where even a child could understand.
BYSD!!

[The Prophetic One]

You can't sell off assets without the debts that accompany those as well. Since the OIL side never made a penny in there 30 years and the debts were very high, how do they get $5.5 Million for them?

They don't, that's how.

This deal will fall apart just like the last two deals Gordon has announced.

BYSD

[Vercingetorix]

Hey Kali, the problem is that when you lift the curtain on this PR, and its not hard to do, you see that Bayside is doing business with a fraudulent shell. This looks very bad for Bayside and share holders. I guess I could just go knock on the door below and ask if I can read their financial statements in the kitchen over some tea. I wonder if they even have a Xerox machine there so that they can print out the $5 million in preferred shares.

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