Replies to post #98880 on Bayport International Holdings Inc. (BAYP)

[johnnycomelately9]

MM's opened today with 500 shares traded @ .00045 so obviously something is going on? I see 52 week bottom and BAYP is the smallest O/S under .0010 I can find (do you know of any other sub 300m o/s under .0005) so I think BAYP has the ingredients to run. Maybe it won't bounce overnight but eventually gas prices will move back over $25 a barrel and then hopefully the Marcellus and Utica Shale will be busy. Not willing to speculate this will return to .01-.20 range but definitely can leave trip zeros imo:

Our terminal intends to be involved in this market, by purifying the water that comes back from the wells to the standards of the regulators and industry. This water is then reused at the next well pad that is drilled. The costs are less than what is now being done at the well sites.
Currently major drillers spend over $500,000. per well to clean the flow back frac water for reuse later into another well. Our system substantially reduces the cost while assisting in compliance. Our profit margins are expected to grow rapidly , year after year. The industry pays nore than $12 per barrel to dispose of produced water, creating a $5 billion potential market that will reach $10 billion by 2025 according to Global Water intelligence. Lux Research forecasts the frack water market to grow nine-fold to $9 Billion by 2020. That is a 28% annual growth in water treatment.

So disagree if you like but I actually think BAYP will uplist in 2016. Why would they release 2015 Q's in December if not trying to get transparent? I honestly thought it was undervalued when it fell to .0035 from .01 but now that it's fallen to trip zeros, it's undervalued big time imo. Soon we'll all see.

http://www.pittsburghtoday.org/view_MarcellusMap.html