Bayport International Holdings, Inc. Announces Completion of 360 Eco Wash Acquisition After Signing of Definitive Agreement
2019年1月31日 - 9:17PM
InvestorsHub NewsWire
Colorado Springs, CO, Jan. 31, 2019 -- InvestorsHub NewsWire --
Bayport International Holdings, Inc. (OTC Pink: BAYP) (“the
Company” or “Bayport”) operates as a diversified holding company
with subsidiaries active across cannabis technology, and
environmentally-friendly car wash services. Bayport is pleased to
announce that the previously-disclosed proposed acquisition has
officially closed after the signing of a definitive agreement.
The Company announced the initial signing of the Letter of
Intent to acquire the eco carwash operation back on January
10, 2019, which was followed by an announcement of a binding
term sheet on January 15, 2019.
With the completion of the 360 Eco Wash acquisition, the Company
now officially adds another division alongside Cannabis Technology,
within its new holding company business model. In addition, this
means Bayport International Holdings is officially generating
regular revenues.
Bayport is in the process of building its new corporate website
at www.baypcanna.com and we expect it to be up and running by the
end of next week.
Bayport CEO Clay Franks: “The completion of the 360 Eco Wash
acquisition is a major step for Bayport and diversifying the
company through a holding company business model. I am looking
forward to the exciting year ahead.”
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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. Bayport has active operations across cannabis
technology and an eco-friendly, mobile car war operation located in
California.
Safe Harbor
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.
Bayport International Holdings, Inc.985 Pico PointColorado Springs, CO 80905Phone: 719-306-0005www.baypcanna.cominfo@bayportholdings.com Investor Relations Contact:Spotlight GrowthMatt Regomrego@spotlightgrowth.com
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