Bayport Corporation Obtains OTC Pink Current Information Status
(firmenpresse) - SANTA MONICA, CA -- (Marketwire) -- 01/05/12 -- Exit Only, Inc. (PINKSHEETS: EXTO) and its recently acquired Bayport Corporation today announced that it had filed its Initial Information Disclosure Statement and financials with OTC Markets and have obtained OTC Pink Current Information Status. From the company's previous registration with FINRA, the company can now move forward to complete the submission of its package for a new name and ticker symbol. The company will also be applying for a new CUSIP number.
The company also announced the retirement of Louis Porter as the Chief Executive Officer (CEO) of Bayport Corporation effective December 31, 2011. Louis Porter will act as an Independent Consultant. The position will remain vacant until a new CEO is named.
About Bayport Corporation
Bayport Corporation 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 Corporation is primarily focused on precious metals, rare earth, and oil and gas ventures. Bayport Corporation 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 prolific western USA in Utah and Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Exit Only, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "guidance," "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. 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 (including, without limitation, Bayport's ability to advance its business, generate revenue and profit and operate as a public company) could differ materially from those stated or anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with OTC Markets (Pink Sheets). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.
CONTACT:
Investor Relations
Briggs Smith
813-438-5225
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Datum: 05.01.2012 - 14:50 Uhr
Sprache: Deutsch
News-ID 101465
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Town:
SANTA MONICA, CA
Kategorie:
Mining & Metals
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