TULSA, OK--(NewMediaWire - May 8, 2015) - Bayport International
Holdings, Inc (OTC
PINK: BAYP) is pleased to announce that the company's
audit is near completion. We have added year end 2014 to the audit,
as well as oil and gas reserve reports. Once SEC Fully Reporting
status is achieved, we will submit the proper paperwork to migrate
to the OTC-QB tier.
The Company's JV partner, JFK Oil terminal Corp., is raising
five million dollars for financing major projects, including one
project at its Pennsylvania terminal.
JFK and Bayport will share in revenues from all such associated
projects, as well as any future joint ventures between the two
companies.
Michael Walczak, CEO of JFK Oil Terminal, said, "This financing
is progressing and JFK anticipates closing in the summer of 2015.
We wish to thank the T. Boone Pickens Push.PickensPlan.org organization and our
association with them on any and all matters."
Jim Porter, CEO of Bayport International Holdings Inc., said,
"Bayport is excited to be a part of the JFK Oil Terminal project
and looks forward to many more acquisitions to diversify its
shareholders portfolio."
http://bayportinternational.com/ BAYPORT
WEBSITE
http://www.jfkoilterminal.com/ JFK
WEBSITE
http://www.sec.gov/Archives/edgar/data/1318428/000131842815000003/xslFormDX01/primary_doc.xml LINK
TO JFK FORM D
Investors in the JFK Oil Terminal Form D financing will receive
equity shares of JFK Oil Terminal Corp. Bayport International
Holdings is not currently nor has any intentions of participating
in this offering. No shares of Bayport International Holdings will
be included in this offering.
While Bayport International Holdings, Inc. supports the Form D
financing as presented by JFK Oil Terminal Corp., Bayport is not
involved with the offering in any manner. No Bayport shares will be
included to those investors.
About M&K CPAS, PLLC
M&K CPAS, PLLC, is a full-service CPA firm in Houston
serving the audit, financial reporting and tax needs of growing
micro and small-cap publicly traded companies across the U.S. and
worldwide, as well as a wide range of privately held companies.
They also offer personal tax services and consulting solutions.
About Bayport International Holdings, Inc.
Bayport International Holdings, Inc. is a company formed to
exploit the various precious minerals in the U.S. to acquaint the
public with practical investment opportunities in strategic metals
and minerals. Bayport International Holdings, Inc. is primarily
focused on precious metals, rare earth, and oil and gas ventures.
Bayport International Holdings, Inc. is developing mining and oil
and gas properties with economic potential with the aim of bringing
such properties to commercial production. The company's portfolio
of properties is primarily located in the Oklahoma, Texas, and
Pennsylvania.
www.BayportInternational.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements about our
business or financial condition and prospects that reflect our
assumptions and beliefs based on information currently available.
We can give no assurance that the expectations indicated by such
forward-looking statements will be realized. There may be other
risks and circumstances that we are unable to predict. When used in
this news release, words such as "believes," "expects," "intends,"
"plans," "anticipates," "estimates" and similar expressions are
intended to identify forward-looking statements, although there may
be certain forward-looking statements not accompanied by such
expressions. Investors should not place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The company's actual results could differ materially
from those anticipated in these forward-looking statements as a
result of a variety of factors, including risks discussed in the
company's periodic reports that are filed with the Securities and
Exchange Commission and available on its website (www.sec.gov). All forward-looking statements
attributable to the Company or to persons acting on its behalf are
expressly qualified in their entirety by these factors other than
as required under the securities laws. The Company does not assume
a duty to update these forward-looking statements.