TULSA, OK--(Marketwired - Mar 13, 2015) - Bayport International Holdings (
JFK also intends to attend the World Money show in Las Vegas this May 2015. At these shows, JFK will present its Joint Venture with Bayport International Holdings.
Additionally, JFK has established substantial communication with several natural gas drillers in Lycoming County as to their water treatment needs. In various LOI's, communications and contracts with these natural gas companies, BAYP and JFK names will be jointly recorded.
Mr. Walczak, plant manager for retooling of the JFK facility commented, "The revenues from the first year should exceed 3.5 million dollars on just 20% operating capacity. Our strategy is to expand 400% over the next 4 years."
Mr. Shainberg, of JFK, stated, "The relationship between BAYP and JFK will allow us to enhance our attempts to gain market share in this service industry. So far there is no competition within this region, and there is substantial demand for this service. JFK has been determining several strategies, including water treatment projects for Anadarko, XTO Energy, Exco Resources, Range Resources, etc."
BAYP believes that the JV with JFK will add substantial revenues to our bottom line.
Clay Franks of BAYP commented that, "Our interest in JFK is not only the several million gallon oil and fuel depot for our products, but also brokering deals for other companies that need terminal services. We also will work with JFK on financing needs on their water treatment services strategy."
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 prolific western USA in Utah and Texas.
Cautionary Note Regarding Forward-Looking Statements
This press release and the statements of representatives of Bayport International Holdings, 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.
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Bayport International Holdings