Bayport International Holdings, Inc. Diversifies into Green Car Wash Business with Signing of LOI with 360 Eco Car Wash
10 Janeiro 2019 - 10:24AM
InvestorsHub NewsWire
Dallas, TX -- January 10, 2019 -- InvestorsHub NewsWire --
Bayport International Holdings, Inc. (“the Company” or “Bayport”),
a holding company is pleased to announce its diversification into
the “Green” car wash space with the signing of an LOI to acquire
100% of 360 Eco Car Wash, Inc.
360 Eco Wash is a California mobile car wash service inspired by
the growing demand for fleet service support. It is a California
based business established in 2017 to support a 170 vehicle courier
service in San Francisco, San Jose, and Sacramento. The
business uses steam based technology to clean exterior and interior
part of the vehicle. More information about the company can be
viewed at the company’s website. www.360ecowash.com
Clay Franks, CEO of Bayport, stated, “The Bayport team is very
excited about signing this LOI because we believe the growth
potential of this company is tremendous. It already has solid
revenue and opportunities to service fortune 500 customers. We see
ourselves being a cross between Tommy Express Car wash, but in a
mobile format mixed with an Uber type mobile App. We will continue
to maintain our cannabis related websites and we are currently
updating the platforms for each of these websites.”
Mr. Franks continued, “We will provide updates to our
shareholders as new deals are finalized and as this deal progresses
into a finalized term sheet and definitive stock purchase
agreement.”
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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.
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.3838 Oak Lawn AvenueSuite 1000 Dallas, Texas 75219 Phone: 888-574-5505 www.baypcanna.com Investor Relations Contact: Spotlight Growth Matt Rego mrego@spotlightgrowth.com
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