Bayport International Holdings, Inc. $BAYP News
Last updated 01/07/2017 - 0.0002
Bayport International To Retire 10% Of All Outstanding Shares
Dec 01, 2016
OTC Disclosure & News Service
-
DALLAS, Dec. 01, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (OTC PINK:BAYP) announced today through its CEO, Clay Franks, is intent to retire approximately 10% of all outstanding common shares.
Mr. Franks stated, "We are under new leadership now and aggressively moving into the legal cannabis industry. We could not be more thrilled with the myriad of opportunities this provides for Bayport International.”
Mr. Franks also stated, “We want to establish credibility up front with our shareholders and make it crystal clear to them that we have their best interests in mind. As of today, we are retiring approximately 10% of all outstanding common shares. These shares were sitting in reserve and we have no need for them to be on the books in the near or intermediate term, so we felt it in the best interest of both the company and our shareholders to remove them altogether.”
Mr. Franks went on to say, “Also, as a result of the recent retirement of former officers and board members from our company, the preferred shares that they held with voting rights are also being retired. We wanted to clean up the share structure completely prior to closing the first of several cannabis related acquisitions and these two steps should position us nicely for the future.”
As a closing statement, Mr. Franks stated, “We have some more exciting news coming in the next couple of weeks related to both our current cannabis related acquisition target and other acquisitions as well. We will share via press release at the appropriate time.”
The process of retiring stock can take several days to update through our Transfer agent and other sources.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
www.bayportholdings.com
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Poised To Become “The Angie’s List” of the Cannabis Industry
Nov 29, 2016
OTC Disclosure & News Service
-
DALLAS, Nov. 29, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (OTC PINK:BAYP) announced today through its CEO, Clay Franks their intent to compete directly with multiple online directories catering to the legal cannabis industry.
Mr. Franks stated, "We will be completing our first cannabis related acquisition on or before January 27, 2016. We can tell you today that the company of choice has created a business with incredible scalability and revenue potential for years to come. Not only will we compete in the cannabis industry directly with Weedmaps, Leafly and other well-known directory websites, but this particular business model sets itself apart in a very unique way.”
Mr. Franks explained, “Most directory websites are just that; a way for visitors to find businesses within a particular niche and relevant details about that particular business. We will take it a step further. We will work closely with any business listed in our directory to enhance other aspects of their online marketing success such as their primary website, their approach to search engine optimization, their approach to advertising, their social media footprint, etc. This is a very unique approach that not only adds value, but will enhance the retention rate of the directory listings and creates additional revenue streams that are being left on the table by current competitors. We feel strongly that this business model has upside in the millions of dollars.”
Mr. Franks went on to say, “Yes, we are well aware of the competition and their head start in this particular niche market, however, we are also aware that the cannabis industry is just getting started and we will compete aggressively over time to capture significant market share. If you look at the incredible amounts of revenue already being generated in this space with only a handful of states having a mature cannabis market at this point, you begin to understand the tremendous revenue potential that this will create for Bayport International. This first acquisition will be an “all stock” transaction with key individuals joining our company on an incentive basis as support personnel.”
Mr. Franks finished up with, “This team of design and coding experts is currently making several adjustments to the platform and its capabilities based on our specific requests. Once they’ve made these adjustments and we’ve tested and retested the platform, we have every intention of closing this deal and operating as a separate Bayport International entity on or before January 27, 2017. We could not be more excited about this opportunity for our management team and our shareholders and we look forward to sharing more information in the near future.”
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company" related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
www.bayportholdings.com
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Evaluating Multiple Acquisition Targets in the Cannabis Industry
Nov 22, 2016
OTC Disclosure & News Service
-
DALLAS, Nov. 22, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (OTCP:BAYP) is pleased to announce an exciting change in direction for the company. Bayport is currently evaluating multiple business options in the cannabis industry.
President Clay Franks stated, “As most of you know, on October 10, 2016, we put out a press release stating that we were looking for reverse merger and/or acquisition candidates. A couple of the opportunities that have been presented to us are in the cannabis industry and one option in particular is very attractive to us due to the scalability, the national reach and the revenue potential.”
Bayport International Holdings, Inc. is a company that up until recently has focused primarily on precious metals, rare earth and oil and gas ventures. The company will begin immediately to diversify into the cannabis industry as part of its overall strategy going into 2017.
Clay Franks added, "The cannabis industry for the most part is still in its infancy. Multiple states already allow medical marijuana and several now allow recreational products as well. One of the options we’ve been presented has staying power for the long term and the risk vs reward if off the charts. We are excited about what we’ve seen to date and feel strongly that a separate division focused on the cannabis industry will create a long term benefit for the company and our shareholders.”
Mr. Franks finished up with, “We want our shareholders to have confidence in the transition that will take place soon so we want to cover a few topics. First, despite rumors to the contrary, we do not plan to implement a reverse split at any time in the immediate future. Second, the acquisitions that we have in our sights will for the most part be completed using restricted shares with little to no cash involved and third, all of our information has recently been updated at OTCMarkets.com. We want those who are interested in investing in our company to have everything at their disposal complete and up to date. We look forward to sharing more on our acquisition plans in the coming weeks.”
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company" related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Announces New President/CEO
Nov 21, 2016
OTC Disclosure & News Service
-
DALLAS, Nov. 21, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (Other OTC:BAYP) announced today that James Porter has made the decision to retire and is stepping down as President of Bayport International Holdings, Inc. Gail Porter will be leaving the company as well. Effective immediately, Clay Franks has been appointed as the new President/CEO. The company is also actively in discussions with new candidates to fill new directors and officer positions.
Mr. Franks stated, “Due to the current business climate, attractive oil and gas deals are minimal at this point and we feel that it is in the best interest of the company and our shareholders to go in a completely new direction.”
Bayport International Holdings, Inc. is a company that up until recently has focused primarily on precious metals, rare earth and oil and gas ventures. The company will begin immediately to diversify as part of its overall strategy going into 2017.
Mr. Franks also stated, “On October 10, 2016, we put out a press release stating that we were looking for reverse merger and/or acquisition candidates and we’ve been pleased with the response. A couple of the opportunities that have been presented to us are intriguing and we plan to take advantage of some of those opportunities in the very near future.”
Mr. Franks finished by saying, “The timing could not be more perfect for a change in direction. We have very little debt on the books. Our share structure has recently stabilized and the opportunities we’ve been presented have tremendous upside. We ask for your support during this transition and we look forward to sharing more on our future business strategy in the next few days.”
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company" related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Seeks Reverse Merger Candidate
Oct 10, 2016
OTC Disclosure & News Service
Tulsa, OK -
Bayport International Holdings, Inc. Seeks Reverse Merger Candidate
Tulsa, OK. October 11, 2016 Bayport International Holdings, Inc (BAYP) is pleased to announce a change in direction of the company. Effective immediately Bayport is searching for qualified candidates to Reverse Merge into, or Joint Venture for Oil and Gas Acquisitions.
The company has identified several target sectors and industries that are currently, and have been gaining shareholder value and market traction. It is Bayportâs intent to seek out a company or companies who would like to Reverse Merge or Joint Venture for Oil and Gas Acquisitions into Bayport.
Bayport has active consultants searching for such candidates. While several sectors have been identified and targeted, the company is by no means limiting discussions to companies inside those sectors and industries.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, plus oil and gas ventures. Bayport International Holdings, Inc. is a developing mining, oil and gas properties firm with economic potential with having the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Pennsylvania, Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company" related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Investor Inquiries:
Bayp.pr@gmail.com
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Seeks Reverse Merger Candidate
Oct 10, 2016
OTC Disclosure & News Service
Tulsa, OK
This release includes additional documents. Select the link(s) below to view.
Bayport International Holdings.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. (BAYP) Announces Memorandum of Acquisition.
Aug 30, 2016
OTC Disclosure & News Service
Tulsa, OK -
Aug 29, 2016
Bayport International Holdings, Inc. (BAYP) Announces Memorandum of Acquisition.
Bayport International Holdings, Inc., Has negotiated a preliminary agreement to acquire a property over ten thousand acres in Daniels Co. Montana has been signed, it would consist of a 3 well program focused on shallow drill. Drilling targeting the Madison, the Charles and Mission canyon group formations. This play could have a repeatable, low-risk, multi-stage frac for best recovery.
Substantial quantities of oil and gas were produced from Daniels County in the early1990âs. Oil production peaked in 1993 at around 300,000 barrels a month, mostly from the Mississippian reservoirs. Currently the area is being explored by majors for the Bakken and Three Forks horizons. Other targets could include: McGowan, Mission Canyon, Ratcliffe and Charles formations. The red river is the 2nd best producing river formation in the basin. Bakken is ranked as #3 producing zone.
The Bakken Play is the largest shale oil field in the world, with current production at 1 million barrels per day and is more than 200,000 square miles underlying parts of Montana, North & South Dakotas and Saskatchewan/Alberta, Canada. Estimated amount of recoverable oil by 2008 USGS study â 4.3 billion barrels. As the production areas and basin contours have extended, 2013 USGS study estimates the amount of recoverable oil as 7.4 billion barrels. Some industry experts believe this number could be as high as 25-30 billion barrels of recoverable oil.
Adding producing properties in the oil and gas industry will become a future priority for the company as we set our goals for a foundation of growth.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, plus oil and gas ventures. Bayport International Holdings, Inc. is a developing mining, oil and gas properties firm with economic potential with having the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Pennsylvania, Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company" related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Investor Inquiries:
Bayp.pr@gmail.com
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Updates Shareholder
Aug 24, 2016
OTC Disclosure & News Service
Tulsa, OK -
Bayport International Holdings, Inc. (BAYP)
Corporate & Shareholder Update
8/24/2016
Bayport International Holdings, Inc., updates shareholders. The company is in good standing and looking to acquire more oil and gas properties to further growth. A preliminary agreement to acquire an oil rich property in Daniels Co. Montana has been signed, it would consist of a 3 well program focused on shallow drill. We will release details on these new acquisitions soon. The company has identified several leases that have a very promising volume of oil and gas. As of today we are in negotiations with several entities to participate or possible JV to acquire such leases.
Adding producing properties in the oil and gas industry will become a future priority for the company as we set our goals for a foundation of growth. Bayport owns several mineral and royalty interest in producing and non-producing wells, the following are some:
Jones Co. Texas, Phantom Lake (Tannehill) field, Wade J. H. Etal Well. Lease.
Pike Co. Mississippi, McComb Field.
Nacogdoches Co. Texas, Trawick Gas Field.
Forest Co. Pennsylvania, Steffelbeam Lease.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Pennsylvania Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company" related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
Investor Inquiries:
Bayp.pr@gmail.com
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. (BAYP) Enters Into $15 Million Joint Venture
Jul 15, 2015
OTC Disclosure & News Service
-
Bayport International Holdings, Inc. (BAYP) Enters Into $15 Million Joint Venture
TULSA, OK--(Marketwired - Jul 14, 2015) - Bayport International Holdings, Inc. (OTC PINK: BAYP) is pleased to announce that it has entered into a binding Joint Venture agreement with LeBonds. The Company's JV partner, LeBonds, a corporation located in Carlsbad, California, will fund Bayport with $15,000,000 for the purpose of acquiring and completing major oil and gas projects.
Terms of the Bayport/LeBonds joint venture are as follows, and will be reflected on our audited financials for the 3rd quarter of 2015.
$15,000,000 in total acquisition funding is going to Bayport over the course of 180 days.
$7,500,000 is to be received within 90 days, and $7,500,000 to be received within 180 days.
Acquisitions ownership and revenue are to be shared 80% to Bayport and 20% to LeBonds.
Annual 9% interest rate will be payable once a year, renewable or repayable after the first 2 years.
Bayport Director Clay Franks stated, "After years of searching for a reasonable funding source, we are very pleased to be partners with LeBonds. This is by far the most obtainable, non-dilutive financing that we have found. This partnership along with our inevitable move to SEC Fully Reporting status will bring Bayport into a new era."
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S., to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential, with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the Oklahoma, Texas, and Pennsylvania.
www.BayportInternational.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements about our business or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Investor Inquiries:
Benchmark Advisory Partners LLC
Toll Free: (866) 703-4778
admin@bmarkadvisory.com
www.bmarkadvisory.com
Copyright © 2015 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. (BAYP) Enters into $15 Million Joint Venture.
Jul 14, 2015
OTC Disclosure & News Service
Tulsa, OK -
Bayport International Holdings, Inc. (BAYP) Enters into $15 Million Joint Venture.
TULSA, OK July 14, 2015) - Bayport International Holdings, Inc. (OTC PINK: BAYP) is pleased to announce that it has entered into a binding Joint Venture agreement with LeBonds, a corporation located in Carlsbad Ca. The Company's JV partner, LeBonds a corporation, will fund Bayport with $15,000,000 for the purpose of acquiring and completing major oil and gas projects.
Terms of the Bayport/LeBonds joint venture are as follows, and will be reflected on our audited financials for the 3rd quarter of 2015.
$15,000,000.00 in total acquisition funding to Bayport over the course of 180 days.
$7,500,000.00 is to be received within 90 days, and $7,500,000 to be received within 180 days.
Acquisitions ownership and revenue are to be shared 80% to Bayport and 20% to LeBonds.
Annual 9% interest rate payable once a year, renewable or repayable after the first 2 years.
Bayport Director Clay Franks stated, âAfter years of searching for a reasonable funding source, we are very pleased to be partners with LeBonds. This is by far the most obtainable, non-dilutive financing that we have found. This partnership along with our inevitable move to SEC Fully Reporting status will bring Bayport into a new era.â
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the Oklahoma, Texas, and Pennsylvania.
www.BayportInternational.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements about our business or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Investor Inquiries:
Benchmark Advisory Partners LLC
Toll Free: (866) 703-4778
admin@bmarkadvisory.com
www.bmarkadvisory.com
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 01/07/2017 - 0.0002
Bayport International To Retire 10% Of All Outstanding Shares
Dec 01, 2016
OTC Disclosure & News Service
-
DALLAS, Dec. 01, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (OTC PINK:BAYP) announced today through its CEO, Clay Franks, is intent to retire approximately 10% of all outstanding common shares.
Mr. Franks stated, "We are under new leadership now and aggressively moving into the legal cannabis industry. We could not be more thrilled with the myriad of opportunities this provides for Bayport International.”
Mr. Franks also stated, “We want to establish credibility up front with our shareholders and make it crystal clear to them that we have their best interests in mind. As of today, we are retiring approximately 10% of all outstanding common shares. These shares were sitting in reserve and we have no need for them to be on the books in the near or intermediate term, so we felt it in the best interest of both the company and our shareholders to remove them altogether.”
Mr. Franks went on to say, “Also, as a result of the recent retirement of former officers and board members from our company, the preferred shares that they held with voting rights are also being retired. We wanted to clean up the share structure completely prior to closing the first of several cannabis related acquisitions and these two steps should position us nicely for the future.”
As a closing statement, Mr. Franks stated, “We have some more exciting news coming in the next couple of weeks related to both our current cannabis related acquisition target and other acquisitions as well. We will share via press release at the appropriate time.”
The process of retiring stock can take several days to update through our Transfer agent and other sources.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law. Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
www.bayportholdings.com
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Poised To Become “The Angie’s List” of the Cannabis Industry
Nov 29, 2016
OTC Disclosure & News Service
-
DALLAS, Nov. 29, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (OTC PINK:BAYP) announced today through its CEO, Clay Franks their intent to compete directly with multiple online directories catering to the legal cannabis industry.
Mr. Franks stated, "We will be completing our first cannabis related acquisition on or before January 27, 2016. We can tell you today that the company of choice has created a business with incredible scalability and revenue potential for years to come. Not only will we compete in the cannabis industry directly with Weedmaps, Leafly and other well-known directory websites, but this particular business model sets itself apart in a very unique way.”
Mr. Franks explained, “Most directory websites are just that; a way for visitors to find businesses within a particular niche and relevant details about that particular business. We will take it a step further. We will work closely with any business listed in our directory to enhance other aspects of their online marketing success such as their primary website, their approach to search engine optimization, their approach to advertising, their social media footprint, etc. This is a very unique approach that not only adds value, but will enhance the retention rate of the directory listings and creates additional revenue streams that are being left on the table by current competitors. We feel strongly that this business model has upside in the millions of dollars.”
Mr. Franks went on to say, “Yes, we are well aware of the competition and their head start in this particular niche market, however, we are also aware that the cannabis industry is just getting started and we will compete aggressively over time to capture significant market share. If you look at the incredible amounts of revenue already being generated in this space with only a handful of states having a mature cannabis market at this point, you begin to understand the tremendous revenue potential that this will create for Bayport International. This first acquisition will be an “all stock” transaction with key individuals joining our company on an incentive basis as support personnel.”
Mr. Franks finished up with, “This team of design and coding experts is currently making several adjustments to the platform and its capabilities based on our specific requests. Once they’ve made these adjustments and we’ve tested and retested the platform, we have every intention of closing this deal and operating as a separate Bayport International entity on or before January 27, 2017. We could not be more excited about this opportunity for our management team and our shareholders and we look forward to sharing more information in the near future.”
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law. Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
www.bayportholdings.com
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Evaluating Multiple Acquisition Targets in the Cannabis Industry
Nov 22, 2016
OTC Disclosure & News Service
-
DALLAS, Nov. 22, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (OTCP:BAYP) is pleased to announce an exciting change in direction for the company. Bayport is currently evaluating multiple business options in the cannabis industry.
President Clay Franks stated, “As most of you know, on October 10, 2016, we put out a press release stating that we were looking for reverse merger and/or acquisition candidates. A couple of the opportunities that have been presented to us are in the cannabis industry and one option in particular is very attractive to us due to the scalability, the national reach and the revenue potential.”
Bayport International Holdings, Inc. is a company that up until recently has focused primarily on precious metals, rare earth and oil and gas ventures. The company will begin immediately to diversify into the cannabis industry as part of its overall strategy going into 2017.
Clay Franks added, "The cannabis industry for the most part is still in its infancy. Multiple states already allow medical marijuana and several now allow recreational products as well. One of the options we’ve been presented has staying power for the long term and the risk vs reward if off the charts. We are excited about what we’ve seen to date and feel strongly that a separate division focused on the cannabis industry will create a long term benefit for the company and our shareholders.”
Mr. Franks finished up with, “We want our shareholders to have confidence in the transition that will take place soon so we want to cover a few topics. First, despite rumors to the contrary, we do not plan to implement a reverse split at any time in the immediate future. Second, the acquisitions that we have in our sights will for the most part be completed using restricted shares with little to no cash involved and third, all of our information has recently been updated at OTCMarkets.com. We want those who are interested in investing in our company to have everything at their disposal complete and up to date. We look forward to sharing more on our acquisition plans in the coming weeks.”
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law. Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Announces New President/CEO
Nov 21, 2016
OTC Disclosure & News Service
-
DALLAS, Nov. 21, 2016 (GLOBE NEWSWIRE) -- Bayport International Holdings, Inc. (Other OTC:BAYP) announced today that James Porter has made the decision to retire and is stepping down as President of Bayport International Holdings, Inc. Gail Porter will be leaving the company as well. Effective immediately, Clay Franks has been appointed as the new President/CEO. The company is also actively in discussions with new candidates to fill new directors and officer positions.
Mr. Franks stated, “Due to the current business climate, attractive oil and gas deals are minimal at this point and we feel that it is in the best interest of the company and our shareholders to go in a completely new direction.”
Bayport International Holdings, Inc. is a company that up until recently has focused primarily on precious metals, rare earth and oil and gas ventures. The company will begin immediately to diversify as part of its overall strategy going into 2017.
Mr. Franks also stated, “On October 10, 2016, we put out a press release stating that we were looking for reverse merger and/or acquisition candidates and we’ve been pleased with the response. A couple of the opportunities that have been presented to us are intriguing and we plan to take advantage of some of those opportunities in the very near future.”
Mr. Franks finished by saying, “The timing could not be more perfect for a change in direction. We have very little debt on the books. Our share structure has recently stabilized and the opportunities we’ve been presented have tremendous upside. We ask for your support during this transition and we look forward to sharing more on our future business strategy in the next few days.”
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a holding company active in Oil & Gas, strategic metals, precious minerals and energy production. The company is also pursuing opportunities in the legal cannabis industry. The objective of the company is to provide diverse, yet practical investment opportunities to its shareholders.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law. Contact Info
9330 LBJ Freeway
Suite 900
Dallas, TX 75243
Phone: 214-438-3890
Email: info@bayportholdings.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Seeks Reverse Merger Candidate
Oct 10, 2016
OTC Disclosure & News Service
Tulsa, OK -
Bayport International Holdings, Inc. Seeks Reverse Merger Candidate
Tulsa, OK. October 11, 2016 Bayport International Holdings, Inc (BAYP) is pleased to announce a change in direction of the company. Effective immediately Bayport is searching for qualified candidates to Reverse Merge into, or Joint Venture for Oil and Gas Acquisitions.
The company has identified several target sectors and industries that are currently, and have been gaining shareholder value and market traction. It is Bayportâs intent to seek out a company or companies who would like to Reverse Merge or Joint Venture for Oil and Gas Acquisitions into Bayport.
Bayport has active consultants searching for such candidates. While several sectors have been identified and targeted, the company is by no means limiting discussions to companies inside those sectors and industries.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, plus oil and gas ventures. Bayport International Holdings, Inc. is a developing mining, oil and gas properties firm with economic potential with having the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Pennsylvania, Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law. Investor Inquiries:
Bayp.pr@gmail.com
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Seeks Reverse Merger Candidate
Oct 10, 2016
OTC Disclosure & News Service
Tulsa, OK
This release includes additional documents. Select the link(s) below to view.
Bayport International Holdings.pdf
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. (BAYP) Announces Memorandum of Acquisition.
Aug 30, 2016
OTC Disclosure & News Service
Tulsa, OK -
Aug 29, 2016
Bayport International Holdings, Inc. (BAYP) Announces Memorandum of Acquisition.
Bayport International Holdings, Inc., Has negotiated a preliminary agreement to acquire a property over ten thousand acres in Daniels Co. Montana has been signed, it would consist of a 3 well program focused on shallow drill. Drilling targeting the Madison, the Charles and Mission canyon group formations. This play could have a repeatable, low-risk, multi-stage frac for best recovery.
Substantial quantities of oil and gas were produced from Daniels County in the early1990âs. Oil production peaked in 1993 at around 300,000 barrels a month, mostly from the Mississippian reservoirs. Currently the area is being explored by majors for the Bakken and Three Forks horizons. Other targets could include: McGowan, Mission Canyon, Ratcliffe and Charles formations. The red river is the 2nd best producing river formation in the basin. Bakken is ranked as #3 producing zone.
The Bakken Play is the largest shale oil field in the world, with current production at 1 million barrels per day and is more than 200,000 square miles underlying parts of Montana, North & South Dakotas and Saskatchewan/Alberta, Canada. Estimated amount of recoverable oil by 2008 USGS study â 4.3 billion barrels. As the production areas and basin contours have extended, 2013 USGS study estimates the amount of recoverable oil as 7.4 billion barrels. Some industry experts believe this number could be as high as 25-30 billion barrels of recoverable oil.
Adding producing properties in the oil and gas industry will become a future priority for the company as we set our goals for a foundation of growth.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, plus oil and gas ventures. Bayport International Holdings, Inc. is a developing mining, oil and gas properties firm with economic potential with having the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Pennsylvania, Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law. Investor Inquiries:
Bayp.pr@gmail.com
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. Updates Shareholder
Aug 24, 2016
OTC Disclosure & News Service
Tulsa, OK -
Bayport International Holdings, Inc. (BAYP)
Corporate & Shareholder Update
8/24/2016
Bayport International Holdings, Inc., updates shareholders. The company is in good standing and looking to acquire more oil and gas properties to further growth. A preliminary agreement to acquire an oil rich property in Daniels Co. Montana has been signed, it would consist of a 3 well program focused on shallow drill. We will release details on these new acquisitions soon. The company has identified several leases that have a very promising volume of oil and gas. As of today we are in negotiations with several entities to participate or possible JV to acquire such leases.
Adding producing properties in the oil and gas industry will become a future priority for the company as we set our goals for a foundation of growth. Bayport owns several mineral and royalty interest in producing and non-producing wells, the following are some:
Jones Co. Texas, Phantom Lake (Tannehill) field, Wade J. H. Etal Well. Lease.
Pike Co. Mississippi, McComb Field.
Nacogdoches Co. Texas, Trawick Gas Field.
Forest Co. Pennsylvania, Steffelbeam Lease.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the prolific western USA in Utah and Pennsylvania Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, Inc. (the "Company"
related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law. Investor Inquiries:
Bayp.pr@gmail.com
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. (BAYP) Enters Into $15 Million Joint Venture
Jul 15, 2015
OTC Disclosure & News Service
-
Bayport International Holdings, Inc. (BAYP) Enters Into $15 Million Joint Venture
TULSA, OK--(Marketwired - Jul 14, 2015) - Bayport International Holdings, Inc. (OTC PINK: BAYP) is pleased to announce that it has entered into a binding Joint Venture agreement with LeBonds. The Company's JV partner, LeBonds, a corporation located in Carlsbad, California, will fund Bayport with $15,000,000 for the purpose of acquiring and completing major oil and gas projects.
Terms of the Bayport/LeBonds joint venture are as follows, and will be reflected on our audited financials for the 3rd quarter of 2015.
$15,000,000 in total acquisition funding is going to Bayport over the course of 180 days.
$7,500,000 is to be received within 90 days, and $7,500,000 to be received within 180 days.
Acquisitions ownership and revenue are to be shared 80% to Bayport and 20% to LeBonds.
Annual 9% interest rate will be payable once a year, renewable or repayable after the first 2 years.
Bayport Director Clay Franks stated, "After years of searching for a reasonable funding source, we are very pleased to be partners with LeBonds. This is by far the most obtainable, non-dilutive financing that we have found. This partnership along with our inevitable move to SEC Fully Reporting status will bring Bayport into a new era."
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S., to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential, with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the Oklahoma, Texas, and Pennsylvania.
www.BayportInternational.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements about our business or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Investor Inquiries:
Benchmark Advisory Partners LLC
Toll Free: (866) 703-4778
admin@bmarkadvisory.com
www.bmarkadvisory.com
Copyright © 2015 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Bayport International Holdings, Inc. (BAYP) Enters into $15 Million Joint Venture.
Jul 14, 2015
OTC Disclosure & News Service
Tulsa, OK -
Bayport International Holdings, Inc. (BAYP) Enters into $15 Million Joint Venture.
TULSA, OK July 14, 2015) - Bayport International Holdings, Inc. (OTC PINK: BAYP) is pleased to announce that it has entered into a binding Joint Venture agreement with LeBonds, a corporation located in Carlsbad Ca. The Company's JV partner, LeBonds a corporation, will fund Bayport with $15,000,000 for the purpose of acquiring and completing major oil and gas projects.
Terms of the Bayport/LeBonds joint venture are as follows, and will be reflected on our audited financials for the 3rd quarter of 2015.
$15,000,000.00 in total acquisition funding to Bayport over the course of 180 days.
$7,500,000.00 is to be received within 90 days, and $7,500,000 to be received within 180 days.
Acquisitions ownership and revenue are to be shared 80% to Bayport and 20% to LeBonds.
Annual 9% interest rate payable once a year, renewable or repayable after the first 2 years.
Bayport Director Clay Franks stated, âAfter years of searching for a reasonable funding source, we are very pleased to be partners with LeBonds. This is by far the most obtainable, non-dilutive financing that we have found. This partnership along with our inevitable move to SEC Fully Reporting status will bring Bayport into a new era.â
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to exploit the various precious minerals in the U.S. to acquaint the public with practical investment opportunities in strategic metals and minerals. Bayport International Holdings, Inc. is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport International Holdings, Inc. is developing mining and oil and gas properties with economic potential with the aim of bringing such properties to commercial production. The company's portfolio of properties is primarily located in the Oklahoma, Texas, and Pennsylvania.
www.BayportInternational.com
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This news release contains forward-looking statements about our business or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
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