DALLAS, TX- February 24, 2014 - Bayside Corp. (OTC PINK: BYSD) today announced that the company is currently in the developmental phase of creating its own bitcoin pricing index. The Bitcoinz USA.com (http://www.bitcoinzusa.com) pricing index (BUPI) will represent the simple moving average of bitcoin prices across several international exchanges including Bitstamp (https://www.bitstamp.net/), and BTC-e (https://btc-e.com/). The index will be featured on the home page company's website www.bitcoinzusa.com and will be used to determine the buy and sell prices that the company will use on its automated bitcoin machines placed within the company's intended proprietary locations. The BUPI is expected to launch on www.bitcoinzusa.com within the next few weeks.
Additionally, Bayside has also been in the developmental process of providing level 2 quotes to the general public on its website: http://baysidecorp.com/quotes/ for the purposes of providing greater pricing transparency in its security. The quotes will be limited to the company's security. To continue, this page of the company's website is still in development but the company expects to launch this service within the next few days. Currentlyhttp://baysidecorp.com has been averaging about 3,500 page views on the company's website. Each unique viewer currently spends on average 2:56 browsing through the company's website. Level 2 access is expected to significantly increase the amount of time each visitor spends on the website.
Bayside Corp. is an American multinational corporation that manages multiple subsidiary companies engaged in a variety of business industries and sectors. These companies include Bitcoinz USA.com, Inc. (http://www.bitcoinzusa.com/) and Bayside Petroleum Company, Inc. (http://baysidepetroleum.com/). 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.
SOURCE: Bayside Corporation