Bayport International Holdings, Inc. Updates Shareholders on Reverse Split and $5,000,000 Financing
TULSA, OK / ACCESSWIRE / August 1, 2014 / Bayport International Holdings, Inc. (OTC Pink: BAYPD) is pleased to announce that the company has entered into an agreement with a very large institutional investment company for financing of up to Five Million US dollars ($5,000,000) upon filing and acceptance of an S-1 registration and up list to the OTCBB.
As a part of the up list the company has reverse split its common stock 100/1. FINRA has set the effective date for this is August 1, 2014. Bayport will update shareholders and general public of the S-1 securities upon final filing.
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Source: Bayport International Holdings, Inc.