Business
Bayport International Holdings, Inc. Shareholder Update & Oil & Natural Gas Interest Update.
Bayport International Holdings, Inc. Shareholder Update & Oil & Natural Gas Interest Update..
About this update from Bayport International Holdings, Inc.
[{"type":"text","content":"Bayport International Holdings, Inc. Shareholder Update & Oil & Natural Gas Interest Update.\nTULSA, OK--(February 6, 2014) - Bayport International Holdings, Inc. (OTC Pink: BAYP) -- We would like to update our shareholders with interest held by BAYP. The following is a list of producing wells, non-producing Interest and pertinent information for shareholders and future investors. In 2013 the company focused on oil & gas prospects. Bayport went to revenue generating in the later part of 2013. Once the company accomplished the first goal of becoming revenue generating, we can now start the second phase of growing a productive, revenue generating company. The next business step will be to compound on our success, Bayport will make many Oil & Gas acquisitions throughout 2014 to improve on shareholder value. This includes but not limited to, Oil & Gas acquisitions on current production and non-production leasehold for future development to bring more proven revenue streams into Bayport for shareholder value to increase. This also includes bringing the company and shareholders to a higher tier of trading and value. Below is a current list of current production and non-producing interest. As well as current information on the tier change and audit financials.\nTier Status Information:\nForm 10 and Audit completion. We have been working towards SEC Fully Reporting Status and OTC:QB up listing. The process is going very well, the company has already funded this process and expects to achieve fully reporting status shortly. Shareholders and future investors are free to contact the company for any update.\nWe have supplied our attorney with business plan, Industry Standard Asset Questionnaire, Articles of Incorporation, Bylaws, Meeting Notes and Amendments. Our auditor has received 3 years bank statements, digital financial documentation, permission forms to speak to all associated banks, transfer agent and other financial institutions, mining bonds, asset valuations, and a series of receipts and invoices for cash payment support. As they request additional documentation we promptly provide the requested information. \nCurrent Interest Information:\nPeck Lease, Gaines County, Texas. BAYP owns 3.5 % Non-Participating Working Interest (Royalty) only. The wells are located within Section 372, Block \"G\", Gain...