Company says “political relationships” enabled purchase of Barbados Sea Island Cotton

Does Barbados really have a cotton industry?

Does Barbados really have a cotton industry?

Hey… I’m just sayin’ what they are sayin’ !!!

Kyto BioPharma Inc. Announces Letter of Intent to Acquire Barbados Sea Island Cotton Inc.

PALM BEACH GARDENS, FL–(Marketwired – Jul 22, 2013) – Kyto BioPharma Inc. (“Kyto”) (OTCQB: KBPH) is pleased to announce that it has entered into a Letter of Intent to acquire all of the outstanding common shares of Barbados Sea Island Cotton Inc. (“BSC”) through the issuance of 10 million common shares of Kyto to the shareholders of BSC and BSC satisfying Kyto’s outstanding debt on closing. BSC, through political relationships, industry experience and proprietary investments in the Island of Barbados, has secured the rights to manage …

Wall Street Journal here

5 Comments

Filed under Agriculture, Barbados

5 responses to “Company says “political relationships” enabled purchase of Barbados Sea Island Cotton

  1. Pingback: Company says “political relationships” enabled purchase of Barbados Sea Island Cotton | Barbados Blog !

  2. Maat

    Barbados needs to do more with it’s better agricultural products and we need not be afraid of entering arrangements with international companies that want something that we can sustain.

    It would be good if government recognised the possibility of reducing our deficit and need for reduced expenditure by increasing the production of food.

    There is little need to cut jobs in the public service as this will create a vicious negative spiral. Why not look for ways to take the labour resources and skills that we currently employ in roadside maintenance(MTW/NCC), the hard working members of the drainage units and the solid staff at Soil conservation, combine them with the outreach of the BADMC and form a public/private sector food production and marketing company?

    We can still pay these hundreds of out door workers, let them use the same tools and equipment, under the same environmental working conditions but attach them to private sector farms where they are managed. These government supported farms can sign agreements with the BADMC to take all the increased production that the new labour source will deliver.

    The BADMC can then collaborate with the many existing private sector importers of food, to acquire more local produce and reduce the foreign exchange capital flight. Private sector and government could jointly invest in a cannery operation or other processing systems.

    Around 40% of local fruit is not bought to a point of sale or consumed because of a lack of harvesting. A team dedicated to working with householders can go around and harvest as much fruit as possible using the equipment that might be currently used to trim trees.

    We can make a difference

    Peace

  3. Nostradamus

    The full story or rather release on WSJ website cannot be accessed without paying. However it seems to be the same release that can be accessed for free and found via this link. http://www.marketwire.com/press-release/-1813205.htm.

    The release states that one Jonathan E. Bryant is President & Chief Operating Officer and Director. Is this the same Jonathan E. Bryant that the SEC in the USA has filed a civil action against? See part of the complaint below and link to full complaint.

    “SEC Charges Company and its Two Principals and Attorney in Stock Manipulation Scheme

    The Securities and Exchange Commission filed an enforcement action on September 27, 2012, in federal court in New York charging 8000, Inc., Jonathan E. Bryant, Thomas J. Kelly, and Carl N. Duncan, Esq. for their roles in a scheme to manipulate 8000, Inc.’s stock price. The complaint charges the defendants misrepresented 8000, Inc.’s financial condition to investors while simultaneously selling, or facilitating the sale of, the company’s securities in violation of the antifraud and securities registration provisions of the federal securities laws”

    http://www.sec.gov/litigation/litreleases/2012/lr22495.htm

  4. PLANTATION DEEDS FROM 1926-2013 AND SEE MASSIVE FRAUD ,LAND TAX BILLS AND NO DEEDS

    WHEN PLAYING CARDS YOU HAVE TO KNOW WHEN TO SELL AND WHEN TO HOLD,,,, WE NEED TO HOLD,,,,,,SELLING IS DONE , SOLD FOR 27 YEARS , LETS FOR HOLD FOR 27

  5. Sunshine Sunny Shine

    Now what sense it makes commenting on this? I mean if you have one eye and can see through only one eye then you will not see the prospects of our islands cotton industry as yielding potential wealth for the island because the seeing eye can only see tourism. If you have two eyes and still not seeing the possibility of potential wealth in the black belly sheep export adventure (when it was there for the taking) would have had for Barbados then its obvious that the seeing still myopic and blurred. The political seeing eye machinery is still holding on to tourism as the life blood of the economy and not seeing the big potential in agriculture as a reducer of food imports and an exporter of potential goods for foreign exchange. Now all of a sudden they seeing agriculture with big big eyes. When! Now that there is a crisis of economic depravity. SAD SAD SAD