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Topic: CBAY Low Float!

dmxbr9
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looking for a bounce....last couple of times it was at these levels it shot up over $1.

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dmxbr9
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NEWS OUT after market!!! the huge volume spike signals that the selling is done and its ready for a bounce IMO..Really nice news!!!! more to come imo

Cal-Bay Announces Development Plans for Luxury Condominiums on Company's Downtown San Franciso, California, Property
Business Editors / Real Estate Writers

SAN DIEGO--(BUSINESS WIRE)--April 6, 2006-- Cal-Bay International, Inc. (OTCBB:CBAY) announces plans for the development of 12 luxury condominiums on the company's downtown property.

Cal-Bay's Board of Directors today announced the company has initiated the process for the planning and development of 12 luxury condominiums on the company-owned 9th street property in downtown San Francisco, California.

The development is expected to yield over $10.5M upon completion which should add over $4M to the company's bottom line within the next 12 months.

The property is located in one of San Francisco's premium downtown redevelopment areas within blocks of the new ballpark. Cal-Bay purchased the San Francisco property earlier this year for $2.65M. Newly constructed adjacent condominium properties are currently being marketed in the range of $1400 per square foot.

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dmxbr9
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this is going to be a great play with this news!

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dmxbr9
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here we go!!! this will be a great play!

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dmxbr9
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bounce off major support area! this is gonna be good....hope news hits soon

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dmxbr9
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Huge news!

Cal-Bay International Property Portfolio to Increase to Over $43M as Company Signs $20M Contract for Purchase of Additional 400+ Homes
Business Editors

CARLSBAD, Calif.--(BUSINESS WIRE)--April 10, 2006-- The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY) today announced the Company entered into a purchase contract for a 400+ homes package in Columbus, Ohio.

Cal-Bay International's Chief Operations Officer announced the news after the Board of Directors confirmed the company had entered into a purchase agreement for the acquisition of the homes.

The latest acquisition will increase the company's portfolio to over 450 properties in the USA and increase the company's real estate holdings to over $43M.

The terms of the contract require non-disclosure at this time, but the company expects the acquisition to be completed on or before May 31st, 2006.

The properties are all single family homes of which the majority are currently rented. Upon closing, this would add an additional $3.2M+ per year to the company's revenue stream.

The company is currently in negotiations for several additional properties in the Pacific Coast region.

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