T-Bay Holdings Inc.

• Public

Dow Jones Description

The Company was incorporated under the laws of the State of Utah on August 8, 1984 with the name of ?Sharus Corporation? with authorized common stock of 50,000,000 shares with a par value of $0.001. On June 13, 1989 the domicile of the Company was changed to the state of Nevada in connection with a name change to ?Golden Quest, Inc.? On January 7, 2002, the name was changed to ?T-Bay Holdings, Inc.? as part of a reverse stock split of 400 shares of outstanding stock for one share. This report has been prepared showing the post stock split shares from inception. The principal business activity of the Company has been the location and recovery of archeological artifacts, precious metals, and other valuables from shipwrecks. The Company was unable to successfully implement its business plan and during 1992, the Company abandoned its operations and became inactive. The Company is now considered to be a ?blank check? company. Our Business T-Bay is currently engaged in seeking an interest in a business opportunity. We are not restricting our search to any particular industry or geographical area. We may therefore engage in essentially any business in any industry. Our management has unrestricted discretion in seeking and participating in a business opportunity, subject to the availability of such opportunities, economic conditions and other factors.

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