Exit Only, Inc. EXTO
We would be awfully disappointed if no one was able to take advantage of a nice swing that EXTO‘s unbelievable news provoked this morning. The stock was already up 220% since our initial alert, and today that figure was pushed significantly higher. We have extremely high hopes for this gold play, and upon consideration, believe that this could easily be this year’s top performer.
Following our alerts and the huge PR from this morning, EXTO traded more than twice its ten day average and reached a two-weeks previous high of .0105, and it looks as if the new support should come in the penny range. That double top was followed by a push to new highs.
Remember, this company is also slated to start pulling gold from its assay-confirmed mineral-rich claim in October, so now may actually be one of the last chances to see shares at a penny or below.
SANTA MONICA, CA, Aug 29, 2011 (MARKETWIRE via COMTEX) — Exit Only, Inc. (PINKSHEETS: EXTO) today announced that its recently acquired Bayport Corporation, at a directors’ meeting on August 26, 2011, approved an amendment to its Articles of Incorporation reducing the number of Authorized Shares from 3,000,000,000 down to 850,000,000. This change is effective immediately and will be reflecting in the Nevada SOS database shortly.
President of Bayport James L. Porter was quoted as saying, “Reducing the Authorized Shares down by 71.6% should enhance investor confidence while eliminating any illusion of dilution.” In addition, the company has registered with FINRA to commence the process for a name change to Bayport Corporation as well as a new symbol. When these changes are made, the company will apply for a new CUSIP number.
Special Announcement: We will be dicussing a brand new play with a primed chart in the morning, so please, don’t miss tomorrow’s report!