Bayside Corp. Announces Record First Quarter Financial Results

DALLAS, April 1, 2015 /PRNewswire/ -- Bayside Corp. (BYSD.PK) today announced financial results for its fiscal first quarter of 2015.  The company posted quarterly revenue of  $184,334.47 and record quarterly net profit of  $73,293.60.  "We are pleased with our results thus far, but there is still a lot of work yet to be done in regards to the international expansion of Vault 51. "-Gordon Johnson, Bayside Corp. CEO

To continue, the results were fueled by the international sales of Bitcoin and Vault 51. Previously, Vault 51 and the sale of Bitcoin was only available to consumers in the United States and Canada. However during the first quarter of 2015 the company expanded the sale of Bitcoin and Vault 51 into just over thirty countries, which includes the United Kingdom, Switzerland, Singapore, Vietnam, Hong Kong, Japan and all European Member countries.

Additionally, the company looks to continue the expansion of Vault 51 and the sale of Bitcoin globally by licensing the rights to certain geographical territories to independent operators.  As a result the company intends to have a larger global reach over the next twelve months.   

The sale of Bitcoin and Vault 51 is operated by Bayside Corp's subsidiary company Bitcoinz USA. 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.

• Official Vault 51 Website
• Official Facebook Page
• Official Google Plus Page
• Official Twitter Page

About 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

Megan Kelly
800-719-1310
[email protected]

SOURCE Bayside Corp.

Related Links

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