Bayport International Holdings, Inc. Announces Com
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Posted On: 01/31/2019 7:37:49 AM
Bayport International Holdings, Inc. Announces Completion of 360 Eco Wash Acquisition After Signing of Definitive AgreementPress Release | 01/31/2019
Colorado Springs, CO, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Bayport International Holdings, Inc. (OTC Pink: BAYP) (“the Company” or “Bayport”) operates as a diversified holding company with subsidiaries active across cannabis technology, and environmentally-friendly car wash services. Bayport is pleased to announce that the previously-disclosed proposed acquisition has officially closed after the signing of a definitive agreement.
The Company announced the initial signing of the Letter of Intent to acquire the eco carwash operation back on January 10, 2019, which was followed by an announcement of a binding term sheet on January 15, 2019.
With the completion of the 360 Eco Wash acquisition, the Company now officially adds another division alongside Cannabis Technology, within its new holding company business model. In addition, this means Bayport International Holdings is officially generating regular revenues.
Bayport is in the process of building its new corporate website at www.baypcanna.com and we expect it to be up and running by the end of next week.
Bayport CEO Clay Franks: “The completion of the 360 Eco Wash acquisition is a major step for Bayport and diversifying the company through a holding company business model. I am looking forward to the exciting year ahead.”
Follow us on Twitter https://twitter.com/BayportBAYP
About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. is a holding company actively engaging acquisition targets with growth potential. Bayport has active operations across cannabis technology and an eco-friendly, mobile car war operation located in California.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Bayport International Holdings, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bayport International Holding's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bayport International Holding's filings with the Securities and Exchange Commission.
Bayport International Holdings, Inc.
985 Pico Point
Colorado Springs, CO 80905
Phone: 719-306-0005
www.baypcanna.com
info@bayportholdings.com
Colorado Springs, CO, Jan. 31, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Bayport International Holdings, Inc. (OTC Pink: BAYP) (“the Company” or “Bayport”) operates as a diversified holding company with subsidiaries active across cannabis technology, and environmentally-friendly car wash services. Bayport is pleased to announce that the previously-disclosed proposed acquisition has officially closed after the signing of a definitive agreement.
The Company announced the initial signing of the Letter of Intent to acquire the eco carwash operation back on January 10, 2019, which was followed by an announcement of a binding term sheet on January 15, 2019.
With the completion of the 360 Eco Wash acquisition, the Company now officially adds another division alongside Cannabis Technology, within its new holding company business model. In addition, this means Bayport International Holdings is officially generating regular revenues.
Bayport is in the process of building its new corporate website at www.baypcanna.com and we expect it to be up and running by the end of next week.
Bayport CEO Clay Franks: “The completion of the 360 Eco Wash acquisition is a major step for Bayport and diversifying the company through a holding company business model. I am looking forward to the exciting year ahead.”
Follow us on Twitter https://twitter.com/BayportBAYP
About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. is a holding company actively engaging acquisition targets with growth potential. Bayport has active operations across cannabis technology and an eco-friendly, mobile car war operation located in California.
Safe Harbor
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Bayport International Holdings, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bayport International Holding's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bayport International Holding's filings with the Securities and Exchange Commission.
Bayport International Holdings, Inc.
985 Pico Point
Colorado Springs, CO 80905
Phone: 719-306-0005
www.baypcanna.com
info@bayportholdings.com
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