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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bayside Corporation (PK) | USOTC:BYSD | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30 | 15.79% | 2.20 | 1.50 | 2.20 | 2.20 | 1.04 | 1.04 | 7,657 | 21:00:01 |
Bitcoinz USA Continues the International Launch of Vault 51 in Asia
DALLAS, TX--(NewMediaWire - Mar 2, 2015) - Bayside Corp. (OTC PINK: BYSD) today announced through its subsidiary company Bitcoinz USA, the official launch of Vault 51, a secure offline storage for Bitcoin in Singapore. Additionally, Bitcoin is also available for sale to consumers in Singapore through the Vault 51 website. The launch is part of the initial steps in the company's Vault 51 international expansion plan in Asia.
Currently, Asia represents 60% of the world population and 20% of the world economy. "The launch in Singapore represents an exponential amount of potential for Vault 51's first stop in Asia. In the long run Asia offers many intriguing possibilities as we continue to see the number of merchant adoption grow in that region."-Gordon Johnson, CEO Bayside Corp.
Vault 51 is an offline storage system for Bitcoin users, which is represented by a Physical Bitcoin. The electronic Bitcoin is then stored off-line in a secured computer chip known as Vault 51 and embedded in a Physical Bitcoin, which is not connected to the internet. This process is also known as cold storage and is done to avoid hacking, loss, or theft.
Bayside
Bayside Corp. is an American multinational corporation that manages multiple subsidiary companies engaged in a variety of business industries and sectors. At Bayside Corp. we believe that the future is now and that our efforts today will have a long lasting impact for generations to come. For additional information on the Company visit our website at: http://www.baysidecorp.com
Certain statements in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" All forward-looking statements are based on Bayside's current expectations, estimates, projections, beliefs and assumptions based on information available at the time the statement was made and in light of Bayside's experience and its perception of historical trends.
The forward-looking statement in this news release includes reference to: Bayside's ability to execute on its strategy and deliver strong results on behalf of its shareholders. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties; some that are similar to other related companies and some that are unique to our company. Bayside's actual results may differ materially from those expressed or implied by our forward-looking statements and you are cautioned not to place undue reliance on them
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