Replies to post #107436 on Bayport International Holdings Inc. (BAYP)

[Sheepdog]

Share Structure a/o Jan 30, 2017

Authorized- 5,500,000,000
Issued and outstanding- 5,430,115,619
Restricted- 179,835,720

[DragonBear]

WE NEED FACTS-Current float (Can anyone confirm)

The last I checked the TA was not gagged, and will tell you the present O/S. They will not tell you what the O/S was in a given past month. So you have to keep track of the O/S history yourself.

The last time anyone checked the O/S was 5.3B. But if the A/S has been bumped up to 12B, they didn't do it for giggles.

If the company id dumping shares to gain cash

No, that is not the game. Rather it's the typical game:

1. Clay issues a convertible debt note, and collects cash for his salary. The company gets nothing.

2. Clay pumps so the affiliates holding the debt notes can convert, and dump 6 months later.

Repeat over, and over. The catch is there are provisions that allow the notes to convert to a ton more of shares, if the PPS has gone down, and/or not increased in value. As in "toxic" debt notes. Clay's lame pumps can't move the stock, and the result is billions of shares being converted to.

A reverse split will wipe out everyone and the company needs to be transparent on the float and dilution.

They R/Sed from 1.5B to 15M back in 2014. Why not go from 5B to 50M??? It gets the PPS up. Gets rid of the present toxic debt note situation. The next wave of retail traders come in: Wow really low O/S, and float!!! This should be easy to move!!! Just like the last time.