Bayport International Holdings, Inc. Diversifies into Green Car Wash Business with Signing of LOI with 360 Eco Car Wash

Date : 01/10/2019 @ 12:24PM
Source : InvestorsHub NewsWire
Stock : Bayport International Holdings, Inc. (PN) (BAYP)
Quote : 0.0001  0.0 (0.00%) @ 5:00AM
Bayport International Holdings, share price Chart

Bayport International Holdings, Inc. Diversifies into Green Car Wash Business with Signing of LOI with 360 Eco Car Wash



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.

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 Investor Relations Contact: Spotlight Growth Matt Rego

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