Replies to post #91689 on Bayport International Holdings Inc. (BAYP)

[Alilstockman]

Prolly should ask sheinberg in 3 months when they cancel the Jv as done elsewhere an he keeps the shares plowing them into the open market 6 months this is sub penny of not sooner.


Not to say you can't make money on the upcoming promos


But the bs of we are building an oil an gas company when oil an gas is currently a terrible play is nothing but laughable. Open the Oklahoman paper an every day is a major lay off by oil an gas and production companies.

So what do these guys do they decide why not open an oil an gas p an d ... Great timing


Was bit coin already taken? Lol

[DragonBear]

Really chief???? When did they last issue any of these monopoly type shares??? 6 Months ago.....

No chief, not 6 months ago. Rather somewhere in the time interval of 31-Dec-14 to 27-Feb 176M additional O/S were issued. Assuming BAYP management did lie in the OTC filing. Technically they have issued more since 27-Feb.

They really are put those shares out there...LMAO at that.

Yep they did. The Dec 2013 OTC annual clearly stated the common outstanding at that time was 1.5B, against an A/S of 1.5B. Normalized against the 100:1 reverse split which took place 01-Aug-14, one starts with 15M A/S, and O/S. The Dec 2014 annual claimed 700M A/S, and 54M O/S. By 27-Feb-15 the O/S had increased to 230M. Close to another +20M since.

Neat isn't it. The O/S climbing from 15M to 54M in one year. Or in pre-split values 1.5B to 5.4B shares. Close to a 400% increase. And a couple months later the O/S had roughly quadrupled to 230M, with a dab more on the way. Assuming again, the company didn't lie in the OTC filing.

What percentage of the AS is actually tradeable today? 10-15%?????

The answer is 9.8%. An increase of +2% in under 60 days. The only real question is did BAYP fudge what they reported in their Dec 2014 filing? Was it really an O/S of 54M, or the 230M reported in 27-Feb by the TA? Wouldn't be the first time a microcap scam under reported, and lied about the O/S in an OTC filing.

It's an important question. As in when were the stocks issued to the affiliates to start the 1 yr clock holding period? One would suspect the near 180M increase was a result of the Jun-Jul 2014 so called acquisitions. Affiliates don't like waiting 6 months for the 1 yr clock to start. My bets are on a 100M spike in volume come Jul-Aug. For the record that would mean the float would increase to approx 21% of the A/S.

The dumping party is approaching. And thanks to the 100:1 reverse split last year one has a PPS of 0.02, instead of 0.0002. A more appetizing PPS for the so called retail "investors". Also much easier to stage a dump of 100M shares instead of a pre-split 10B shares.