Replies to post #29565 on Bayport International Holdings Inc. (BAYP)

[SPARK]

Yep~

[alabama96]

They were involved in the scam.

The United States government's Department of Agriculture has set aside grants of up to $10 million for exploring the feasibility of using Thorium for the generation of electricity and Bayport had identified, and reached a preliminary agreement, with a consultant who specializes in procuring grants of this type and will begin immediately to make applications for this grant on behalf of Northamerican.

As part of this agreement Bayport has also identified, and has options on, two potential sites for constructing new Thorium generating plants in Idaho, and Utah, and according to Bayport has received favorable Senatorial support in those efforts.

Bayport was directly involved in these lies.

Now let us look at bayport corporations website and what claims they make and see if there is any similar wording.

From Bayports website:

Some of the new projects that Bayport is currently working on include:

1. We have an option on a 1,500 acre resort in the state of Maine. This project currently has ski facilities, a 9-hole golf course, riding stables, 40,000 sq ft clubhouse/lodge, utility and road infrastructure, a chalet and snow making capabilities. The project has been approved to build 1,600 condominium

2. Bayport Corporation through it's subsidiary Mill Co-Packing LLC, of Tennessee, will process and sell Lou's Louisiana Shrimp with six different sauces. Mill Co-Packing will also process local crops in middle Tennessee to sell nationally under our brand name and as private labels for others. Mill Co-Packaging has secured sizable loans from local lenders and the USDA will guarantee $1.8 million for utilizing Tennessee as its headquarters.

Very similar claims and wording. Wonder if these grants will be the same fictitious grants they claimed when they were involved with North American Energy.


One more thing from their website and that IPO:

Bayport has entered into a Letter of Agreement with a prestigious Wall Street firm, to do a best-efforts $50,000,000 IPO for the myriad of rare earth we control.

There is no signed agreement and this is not a contract. So saying the IPO is a done deal is premature!