MMSM Funding Corp. Announces Purchase of Convertible Debt Issued by Bayport International Holdings, Inc.
· Issued by Bayport International Holdings, Inc.
MMSM Funding Corp. Announces Purchase of Convertible Debt Issued by Bayport International Holdings, Inc.
MMSM Funding Corp. Announces Purchase of Convertible Debt Issued by Bayport International Holdings, Inc.
NEW YORK, NY--(Marketwired - May 5, 2015) - MMSM Funding Corp. ("MMSM") announced that it has purchased $20,000 of a convertible note issued by Bayport International Holdings, Inc. (OTC PINK: BAYP). The purchased debt is convertible at a fixed price of $0.005 per share. MMSM intends to convert this debt and sell the resulting 4,000,000 shares in a prompt manner. Such sales could have a depressive effect on the market price for BAYP's stock, which is currently approximately $0.01.
