Dallas, 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.
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.”
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About Bayport International Holdings, Inc. (OTC PINK: BAYP):
Bayport International Holdings, Inc. is a holding company actively engaging acquisition targets with growth potential.
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