|By Marketwired .||
|March 19, 2014 07:50 AM EDT||
TULSA, OK -- (Marketwired) -- 03/19/14 -- Bayport International Holdings, Inc. (OTC Pink: BAYP) (PINKSHEETS: BAYP): If the legal sale of marijuana is revolutionary, the growth in the Medicinal Marijuana Sector may be equally dramatic as Bayport International Holdings, Inc., envisions taking a bold piece of the state's projected $1 billion marijuana market. There are plenty of opportunities and potential profitability awaiting Bayport in a market which CNBC claims is even larger than many traditional agricultural products -- including corn.
Bayport Medicinal Research, Inc., has now officially been incorporated in Colorado (ID# 20141102107) and is in Good Standing with the Colorado Secretary of State. As a wholly owned subsidiary of Bayport International Holdings, Inc., Bayport Medicinal Research, Inc., will uphold the same transparency as their parent company. With that said, management has explored and is currently exploring the many different avenues of profitability this new industry has to offer in the Medicinal Legalized Marijuana sector in Colorado. Several lucrative parts of the industry shine as being very profitable and may, with proper planning, enhance shareholder value and increase share value.
Bayport Medicinal Research, Inc., is currently in active negotiations with entities currently licensed in the Colorado Medicinal Research community. Bayport understands the potential volatility and potential legal obstacles in this developing industry. Therefore, the path that Bayport intends to focus will be announced in the very near future. We are in the middle of completing acquisition contracts.
We will still remain in Gas and Oil as we feel that will always be the foundation that this company is built on. As new acquisitions occur in gas and oil we will make these announcements.
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 oil and gas ventures, with holdings in precious metal mining claims. 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 Pennsylvania, and 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.