According to the IBOX, Lou Porter will be running things? not so fast....
"On December 15, 2010 a Special Meeting of Shareholders was held and with approval by 94% of the voting stock the Company elected to enter into an agreement with Bayport Corp., Hominy, Oklahoma, whereby Bayport would convey to the Company significant interests in several oil and gas projects in Oklahoma and Texas, a 90% to 100% interest in two mining properties in Utah and Nevada, and other less significant assets. Based on the agreement by Bayport the officers and Directors of Bayside resigned effective at the close of the meeting and the officers and Directors of Bayport were elected to assume the position of the officers and Directors of Bayside with Gordon H. Johnson remaining on the Board of Directors. However, in early May, 2011 it became apparent that neither Bayport nor their officers or Directors had actual ownership of the assets to be conveyed, and merely had verbal agreements to acquire them. Further, it was discovered that the newly elected Chief Executive Officer, Louis Porter, had a prior criminal conviction that was not disclosed. Accordingly, Mr. Johnson, acting as the Trustee of the Managing Member of DZ Energy, LLC called for a Special Meeting of Shareholders that was held on May 11, 2011. As a result of the actions taken by a 94% majority of the voting shares of the Company the newly elected officers and Directors were removed from office, the transaction with Bayport Corp. was rescinded, and Mr. Johnson was re-elected as the Chairman of the Board, President and Chief Executive Officer of the Company. Additionally, James T. Ling was elected as Vice President and Director, and David Dischiavo was elected as a Director. No shares were issued in the Bayport transaction." http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=54550
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