Stocks and Investing Stocks and Investing
Wed, May 20, 2009
Tue, May 19, 2009
Mon, May 18, 2009

MP2 Technologies: MP2 Technologies Announces New Management Consulting Agreement With Bayside Holdings, Inc.


Published on 2009-05-18 10:49:36, Last Modified on 2009-11-02 12:58:45 - Market Wire
  Print publication without navigation


IRVING, TX--(Marketwire - May 18, 2009) - MP2 Technologies (MP2) (PINKSHEETS: [ MPTO ]) announced today the continued expansion of its business with the signing of a management consulting agreement with Bayside Holdings, Inc. Bayside Holdings provides uncut diamond and precious gemstone marketing and sales services. MP2 will assist Bayside in the process of moving into the public market and assist in raising funds necessary to expand Bayside's ability to buy and sell larger amounts of inventory.

Patrick Thomas, President of MP2, stated, "This consulting engagement demonstrates the continued execution of our business model and demonstrates the need for the kind of services we provide. We are excited to be partnering with Bayside Holdings and expect that our partnership will substantially expand their ability to acquire and resell inventory."

Ken Shartz, President of Bayside Holdings, said, "This new relationship with MP2 is a major step forward in the development of our business. Through our joint efforts with MP2, we hope that our exposure in the public market will greatly enhance our ability to finance our proven business model."

MP2 Technologies, Inc. serves as a holding company for technology and service related businesses that can share common management resources and access to marketing channels. New acquisitions will be announced over time as opportunities that fit the Company's acquisition profile become available. Acquired companies will benefit from MP2's public company expertise, executive management, and sales and marketing contacts throughout the world. More information on the Company can be found at their website at [ www.mp2technologies.com ].

Bayside Holdings provides uncut diamond and precious gemstone marketing and sales services. The company provides services for private and national gem-mining productions of uncut gemstones. Services include mine-run sorting, grading, contract diamond and precious stone cutting and polishing (lapidary) services, international marketing and sales for diamonds and precious gemstones. More information on the company can be found at their website at [ www.baysideholdings.com ].

Safe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.

Contributing Sources