DALLAS, April 1, 2015 /PRNewswire/ -- Bayside Corp.
(BYSD.PK) today announced financial results for its fiscal first
quarter of 2015. The company posted quarterly revenue
of $184,334.47 and record
quarterly net profit of $73,293.60. "We are pleased with our
results thus far, but there is still a lot of work yet to be done
in regards to the international expansion of Vault 51.
"-Gordon Johnson, Bayside Corp.
CEO
To continue, the results were fueled by the international sales
of Bitcoin and Vault 51. Previously, Vault 51 and the sale of
Bitcoin was only available to consumers in the United States and Canada. However during the first quarter of
2015 the company expanded the sale of Bitcoin and Vault 51 into
just over thirty countries, which includes the United Kingdom, Switzerland, Singapore, Vietnam, Hong
Kong, Japan and all
European Member countries.
Additionally, the company looks to continue the expansion of
Vault 51 and the sale of Bitcoin globally by licensing the rights
to certain geographical territories to independent operators.
As a result the company intends to have a larger global reach over
the next twelve months.
The sale of Bitcoin and Vault 51 is operated by Bayside Corp's
subsidiary company Bitcoinz USA. Vault 51 is an offline storage
system for Bitcoin users, which is represented by a Physical
Bitcoin. The electronic Bitcoin is then stored off-line in a
secured computer chip known as Vault 51 and embedded in a Physical
Bitcoin, which is not connected to the internet. This process is
also known as cold storage and is done to avoid hacking, loss, or
theft.
- Official Vault 51 Website
- Official Facebook Page
- Official Google Plus Page
- Official Twitter Page
About Bayside
Bayside Corp. is an American multinational corporation that
manages multiple subsidiary companies engaged in a variety of
business industries and sectors. At Bayside Corp. we believe that
the future is now and that our efforts today will have a long
lasting impact for generations to come. For additional information
on the Company visit our website at: http://www.baysidecorp.com
Certain statements in this news release constitute
"forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and
"forward-looking information" All forward-looking statements are
based on Bayside's current
expectations, estimates, projections, beliefs and assumptions based
on information available at the time the statement was made and in
light of Bayside's experience and
its perception of historical trends.
The forward-looking statement in this news release includes
reference to: Bayside's ability to
execute on its strategy and deliver strong results on behalf of its
shareholders. Forward-looking statements are not guarantees of
future performance and involve a number of risks and uncertainties;
some that are similar to other related companies and some that are
unique to our company. Bayside's
actual results may differ materially from those expressed or
implied by our forward-looking statements and you are cautioned not
to place undue reliance on them
Megan Kelly
800-719-1310
info@baysidecorp.com
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SOURCE Bayside Corp.
