Bayport International Holdings, Inc. (“the Company” or “Bayport”), a holding company active within the cannabis technology industry, is pleased to release a shareholder update. The Company has uploaded financial reports from the annual 2017 report through the second quarter 2018.
Now that Bayport is effectively ahead of schedule with the release of its second quarter report and supplemental information, the “stop sign” on OTC Markets is in the process of being removed and current reporting status restored. We expect the “stop sign” to be removed very soon.
The Company has been extremely active with engaging potential merger opportunities within the cannabis technology space to help bolster our cannabis technology portfolio. Thus far, we have identified two merger opportunities in particular that would provide Bayport with great synergies among its current holdings and a chance to continue building its portfolio. We are engaged in later stage talks with these two companies and we expect to have additional information shortly. In addition, numerous cannabis companies have approached Bayport with interest in engaging in advertising opportunities.
Ultimately, Bayport International Holdings, Inc. is seeking to aggressively move forward with its business plan after several months of effective dialogue, due diligence, and other activities. Management’s goal is to continue expanding its portfolio to around five cannabis technology platforms. This will allow Bayport to become an established cannabis technology company with a serious value proposition for not only shareholders, but also advertising clients, and other business opportunities.
Management would like to thank our loyal shareholders for their patience, as we have effectively gotten opportunities to a place where the Company can aggressively continue to execute its growth plan.
About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. is a holding company active within the cannabis technology industry. Through its Weedwiser.com and Ecannago.com digital platforms, the company seeks to be a leader in the emerging cannabis technology industry. Furthermore, the company is currently evaluating acquisitions within the industry. Learn more about the company by visiting http://www.weedwiser.com, www.ecannago.com and www.baypcanna.com.
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 strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Bayport International Holding’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Bayport International Holding’s filings with the Securities and Exchange Commission.
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