Replies to post #97241 on Bayport International Holdings Inc. (BAYP)

[Sheepdog]

The TA issues the shares, not the company

That is exactly what I said.

The TA is restricted to only issuing the appropriate number of shares authorized.

I didn't say otherwise. But who tells them what is authorized? My question was "What if they are lied to?" An end run attempt around that doesn't answer it.

Porter has evidently lied to the TA, has refused appropriate disclosure, or has not registered the shares. I don't know which because there has been no meaningful disclosure, only half truths and gobbledygook. But there is a serious problem here and I believe it is intentional. An accountant should have caught it but the accountant was obviously either negligent or bribed to look the other way.