Bayport International Holdings, Inc. (BAYP) Updates Shareholders
May 8, 2015
TULSA, OK--(Marketwired - May 8, 2015) - Bayport International Holdings, Inc (
: BAYP ) is pleased to announce that the company's audit is near completion. We have added year end 2014 to the audit, as well as oil and gas reserve reports. Once SEC Fully Reporting status is achieved, we will submit the proper paperwork to migrate to the OTC-QB tier. The Company's JV partner, JFK Oil terminal Corp., is raising five million dollars for financing major projects, including one project at its Pennsylvania terminal. JFK and Bayport will share in revenues from all such associated projects, as well as any future joint ventures between the two companies. Michael Walczak, CEO of JFK Oil Terminal, said, "This financing is progressing and JFK anticipates closing in the summer of 2015. We wish to thank the T. Boone Pickens Push.PickensPlan.org organization and our association with them on any and all matters. "
Jim Porter, CEO of Bayport International Holdings Inc., said, "Bayport is excited to be a part of the JFK Oil Terminal project and looks forward to many more acquisitions to diversify its shareholders portfolio. "
http://www.jfkoilterminal.com/ JFK WEBSITE
http://www.sec.gov/Archives/edgar/data/1318428/000131842815000003/xslFormDX01/primary_doc.xml LINK TO JFK FORM D
Investors in the JFK Oil Terminal Form D financing will receive equity shares of JFK Oil Terminal Corp. Bayport International Holdings is not currently nor has any intentions of participating in this offering. No shares of Bayport International Holdings will be included in this offering. While Bayport International Holdings, Inc. supports the Form D financing as presented by JFK Oil Terminal Corp., Bayport is not involved with the offering in any manner. No Bayport shares will be included to those investors. About M&K CPAS, PLLC
M&K CPAS, PLLC, is a full-service CPA firm in Houston serving the audit, financial reporting and tax needs of growing micro and small-cap publicly traded companies across the U.S. and worldwide, as well as a wide range of privately held companies. They also offer personal tax services and consulting solutions. 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. Contact Information