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16.06.2014 15:05
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PR Newswire
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Bayside Corp. Announces Gross Sales Figures of Vault 51
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PR Newswire
DALLAS, June 16, 2014
DALLAS, June 16, 2014 /PRNewswire/ -- Bayside Corp. (BYSD.PK) today announced the initial gross sales of Vault 51 (beta), operated by Bitcoinz USA a subsidiary corporation of Bayside Corp.
Bayside Corp., reported that the initial soft launch of Vault 51 resulted in just over $80,000 in gross sales revenue last week despite a myriad of technical issues and downtime that the Vault 51 website experienced.
Furthermore, the company also announced that due to demand, new sales would be limited to two Bitcoins and two Vault 51 storage chips a day per customer. The sales restrictions and limitations will also allow the company to closely monitor and track consumer spending habits, and trends to create a better customer experience and to properly respond to market demand.
To continue, 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. http://vault51.bitcoinzusa.com
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.
Additionally, Bayside Corp. trades publicly under the symbol "BYSD". In 2014, Bayside Corp. celebrates over 30 years of business success, innovation and vision. 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 Corp.
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