Replies to post #18059 on Bayport International Holdings Inc. (BAYP)

[El_Lobo]

WOW, great job. Cant wait till Bayport releases info to the public about their assets.

[Dem Franchise Boyz]

$45,540,610 x .25 = $11,385,152 Net Profit

Net Profit ÷ Outstanding Shares (OS) = Earnings Per Share (EPS)

Net Profit = $11,385,152 Net Profit
EXTO OS = 540,921,049Shares

$11,385,152 Net Profit ÷ 540,921,049 Shares = .021 EPS

Now to derive where EXTO should fundamentally trade from only capturing 1% of their confirmed recoverable value that was done from a report from a NYSE company trading over $51.00+ per share and from just this one claim/property, you must multiply the .021 EPS by a Price to Earnings (P/E) Ratio. Read below to understand the P/E Ratio and to also understand why I am using it as a multiple to derive a fundamental consideration as to where EXTO could very easily be fundamentally trading:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170

The current P/E Ratio for the Gold Industry is 24.50 as indicated below:
http://biz.yahoo.com/p/134conameu.html

.021 EPS x 24.50 = .51 per share


NOW that is GREAT stuff ..ty STERV!!!!

[playstay77]

WOW! Thanks for that detailed easy to understand evaluation, another excellent post as always, much appreciated!

[Pink salmon]

Great Compilation Sterling! Thanks for your hard work.

Go EXTO!

[Big Money Maker]

Wow I have followed stervc on other stocks and he is usually money in the bank. This is beyond huge. Thanks Stervc!!

[brokebroker1]

Wow. Very good Valuation and DD to boot

[Quinnradio]

Excellent Post stervc thanks very much... EXTO could be a bigger mover than I'd initially thought...

Regards

Q

[Anticipating]

Thank you for sharing your hard work sir.

I very much appreciate it and I'm sure others do as well.
This looks like the making of a big time winner.

GTLA and TA

[daggfish]

as usual, outstanding compilation of info there... thanks stervc

[balamidas]

Sterling, thank your for your great work ! we have some thrilling DD for EXTO here!

the way things are turning here is exciting

looking forward for the next updates

[Sho-Nuff]

Starter position taken on EXTO! I will see how many I can get over the next couple of days!

Thanks,
Sho-Nuff

[Kooka_Duke]

""Absolutely Brilliant Work as Usual Bro""

[Sheeple O Plenty]

Stellar DD! Stervc you outdid yourself again!

[Jalex]

I made a updated chart would it be okay to post it even though it's not official, since the companies are the same, I just deleted Bobs name and left blanks we're he used to be and updated the name, etc, But I believe it would be a good part of the board so they could know what we're part of.

[alabama96]

One issue I would like to bring to all of your attention that I do not see here is how many shares will Porter and Co. receive when this merger is completed. I see the details have not been released, but with a typical R/M the incoming company would receive at least 70% of the company. The float is 479,000,000 shares. Those would be off limits. Even if the 61 million restricted shares could be transferred to Porter, that would give him less then 10% of the company. I see they like to mention they have secured $50 million in non-dilutive financing, but they are going to have to issue at least 1 billion more shares and award them to Porter and Co. for this merger to even take place. You don't have a R/M go forward with the new company coming in unless they are issued a majority of the shares.

[balamidas]

this is going to be $$$ >>>

http://www.nvannualreport.com/entities-DPC-COSMIC-AMERICAN-RARE-EARTH-INC.aspx

http://www.aegiscap.com/

"Bayport Corporation has several subsidiaries and affiliates in gold mining as well as Rare Earths, precious minerals and metals. These interests are in Nevada, Utah, Colorado, and Wyoming. Its wholly-owned subsidiary, Cosmic American Rare Earth, Inc. (CARE), has secured a $50,000,000 Rare Earth IPO with Aegis Capital Corporation. Details will be announced in the future. "