Business
Bayport International Holdings, Inc. Diversifies into Green Car Wash Business with Signing of LOI with 360 Eco Car Wash
Bayport International Holdings, Inc. Diversifies into Green Car Wash Business with Signing of LOI with 360 Eco Car Wash.
About this update from Bayport International Holdings, Inc.
[{"type":"text","content":"\nDallas, TX, Jan. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Bayport International Holdings, Inc. (“the Company” or “Bayport”), a holding company is pleased to announce its diversification into the “Green” car wash space with the signing of an LOI to acquire 100% of 360 Eco Car Wash, Inc.\n 360 Eco Wash is a California mobile car wash service inspired by the growing demand for fleet service support. It is a California based business established in 2017 to support a 170 vehicle courier service in San Francisco, San Jose, and Sacramento.  The business uses steam based technology to clean exterior and interior part of the vehicle. More information about the company can be viewed at the company’s website. www.360ecowash.com Clay Franks, CEO of Bayport, stated, “The Bayport team is very excited about signing this LOI because we believe the growth potential of this company is tremendous. It already has solid revenue and opportunities to service fortune 500 customers. We see ourselves being a cross between Tommy Express Car wash, but in a mobile format mixed with an Uber type mobile App. We will continue to maintain our cannabis related websites and we are currently updating the platforms for each of these websites.” Mr. Franks continued, “We will provide updates to our shareholders as new deals are finalized and as this deal progresses into a finalized term sheet and definitive stock purchase agreement.” 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. 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 s...