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Company
Overview
BayHill Capital
Corporation is a smaller reporting public company traded on
the OTCBB
(BYHL). The
Company was
founded in 1983, and has been an actively traded operating company for
the past
17 years.
During the past
two years it
has been restructured, changed its domicile to Delaware, appointed new
management, and added a new board of directors. BayHill
has a
strong independent board of directors, experienced
management, excellent legal and accounting firms, and strong corporate
and financial
governance policies and procedures in place.
We recently sold
our wholly owned subsidiary, Commission River Corporation
to simplify and strengthen our balance sheet. We
now have no
operations and are considered a “public shell”. BayHill
is current in all of its public
reporting requirements.
We are actively
seeking to merge with and acquire one or more private
companies and/or properties to create a foundation for growth in the
energy
industry as a whole and an immediate focus on the production,
development,
exploration and the accumulation of oil and gas reserves.
We
believe: oil is presently under priced based
on long-term historic trends, demand for oil will resume at
pre-worldwide
recession levels and continue to increase as the worldwide recession
becomes
history,
potential global supply interruptions due to political instability and
social unrest in other producing countries will continue, there will be
increasing demand by rapidly growing and developing countries, recent
introduction of technology, present property prices, and drilling costs
are
attractive, and oil reserves are an excellent hedge against global
currencies
that will suffer significant depreciation in future years.
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