With 235 in cash on hand will this be paid for in shares.. If so are they restricted and how long? All questions potential investors should be made aware of. My understanding is companies with no money normally offer an insane amount of shares in Exchange for work as a lot of times they recoup Pennies on the dollar for their time.
That's a new one. Start with: Other unregistered microcap scams don't file with the OTC for years. Therefore that's why it's taking years to prepare an audit, and submit a Form 10 promised in Q4 2013. Taking this strange linkage even further: Since more than a few OTC scams never report again, then it may take forever for BAYP to submit a Form 10 with 2 yrs of audits. The ultimate PASS being handed out to BAYP management.
No they don't fill out more forms that an auditor would be interested in, outside of reserves claimed. Neither does BAYP have much of anything to fill out. They claim no reserves. Just dribbles of NRI here and there. Not complicated. Back in Oct 2013 BAYP reported for a 45 day period:
Let me guess an auditor is going to become dizzy, and disorientated for 18 months+ looking at such a complex number??? LOL