History

>History
History 2017-11-22T08:31:32+00:00

Bayside Corp. was incorporated in the State of Nevada in 1984 as Two-B Company, Inc. The company at the time was engaged in the wholesale clothing business and was privately owned. The Officer and Directors of the company were as follows: Paula Rowe (President & Director), Sandra Andre (Secretary, Treasurer & Director), Paul Andre (Director). During the period from incorporation (1984) until 1999 the company issued shares to various individuals.

In 1998 discussions began within the company’s management team to expand its business into the branding, and merchandising of paraphernalia for the manufacturers of All Terrain Vehicles due it its sky rocketing popularity at the time.

Then in 1999 the company was merged into American Terra Vehicles, Inc.  At the conclusion of the merger American Terra Vehicles, Inc. was the surviving entity and subsequently became a publicly traded company on the OTC markets under the symbol “ATVC”. American Terra Vehicles was engaged in the business of sales and leasing of All Terrain Vehicles. The new Officers and Directors of the company were as follows: Ronald Bolden (President, Treasurer & Director), David Pace (Secretary), Wanye Dickon (Director) and Robert Wingo(Director). 

During the time frame of 1999-2006 the company and its management team enjoyed great success in this endeavour as the industry experienced a climax in popularity.  Then in 2007, as the modern day recession slowly began to snow ball across the United States, combined with dwindling consumer spending and rocketing gasoline prices the industry experienced a steep decline in sales and popularity.

In 2008, the United States experienced a major financial crisis which led to the most serious recession since the Second World War.  As a result of the financial crisis and the downturn in the U.S. economy the company’s management team determined that it would be in the best interest of its shareholders to shift the companys business direction and take advantage of rising energy prices.

Then later that year in July 2008 DZ Energy, LLC. entered into an agreement with American Terra Vehicles, Inc. whereby DZ Energy would vend certain oil and gas assets into the company in exchange for Common Stock. This transaction was concluded effective as of August 01, 2008. Immediately thereafter the Directors of American Terra Vehicles approved the name change of the company to Bayside Petroleum Company, Inc. Furthermore, the Officers and Directors then appointed Gordon H. Johnson as President/CEO and Chairman of the Board of Directors.

In on May 29, 2009, the company acquired additional oil and gas properties from Venture Oil & Gas, Inc. and Rockland Oil Company in exchange for Common Stock. Simultaneous to that the company acquired all of the oil and gas assets of Omni Oil & Gas, Inc. in exchange for Preferred Stock.  Additionally, on September 22, 2009 the company approved a merger and acquisition with Nueces Valley Resources, Inc. whereby the Company would acquire all of the capital stock of said company in exchange for the company’s Common stock.

To continue, September 09, 2010 the Company approved the rescission of the merger with Nueces Valley Resources, Inc. effective as of the date of merger. Moreover, on December 15, 2010, the company approved a transaction with Bayport Corp. based in Tulsa, Oklahoma whereby Bayport would vend properties into the Company in exchange for shares of Common Stock.

 January 01, 2011 the company approved a name change to Bayside Corporation also known as Bayside Corp.  In an effort capitalize the companys oil and gas wells, the company initiated a reverse split of the Common stock on a 250:1 basis on June 20, 2011.

Later in that same year (2011), the company engaged the engineering services of Barton Oil, LLC.  and also signed an option agreement to purchase oil properties from LL Oil Company in Duval County, Texas for a combination of Common and Preferred Stock.

2012, the company authorized the issuance of Common Stock in exchange for funding to be utilized in acquiring new oil and gas leases on the projects of the company.

In the spring of 2013, the Company appointed Darren Toomer as the company’s (President), and in the later part of 2013 the company appointed David Dischiavo and Harold Lambert as a (Directors) on the Company’s Board of Directors.  2013 was a transformational year for the Company. The Company re-branded its image and deployed a new logo. As part of the company’s transformation, the company established its social media presence online. By the end of 2013 the company had over +4,000 social media followers.

In 2013, the company also unveiled a new slogan. The company adopted the following slogan:  Bayside Corp. “the future now”. “The Future Now” signifies a belief by the company’s management team that all of the company’s effort to build shareholder value for the future will have a positive impact on the world around us today.

Moreover, in 2013 the management team determined that it would be in the best interest of the company and its shareholders to diversify its business interest in order to capitalize on various strategic business opportunities. As a result Bayside Corp. entered the exciting Bitcoin market through a newly formed subsidiary company, Bitcoinz USA.com, Inc.

In 2014 Bayside Corp’s new formed subsidiary company, Bitcoinz USA launched “Vault 51″. Vault 51 offers Bitcoin users a secure offline storage method through a Physical Bitcoin stored off-line in a secured computer chip called “Vault 51″ that is not connected to the internet.

2015, Bayside Corp. spins out Bayside Petroleum Company Inc.

Bayside Corp. has been operating continuously in business since its incorporation in 1984. The Company has always had consistent and continuous business operations. The company was never a “blank check” or a shell company as defined under Rule 144 of the Securities Act of 1933, as amended, and has always maintained assets and operations. In 2015, Bayside now celebrates 31 years of business success, innovation and vision.