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[QUOTE]Originally posted by GameGenie: [QB] Cal-Bay Opens Escrow for Acquisition of 2.5 Acre Premium Commercial Development Property in Las Vegas, Nevada September 21, 2006 09:25:32 (ET) CARLSBAD, Calif., Sep 21, 2006 (BUSINESS WIRE) -- Cal-Bay International, Inc. (CBAY, Trade) announces opening of escrow for the acquisition of 2.5 acre premium development property in Las Vegas, Nevada. Cal-Bay's Board of Directors today announced the company has entered into a contract for the purchase of the property in the Rainbow area of Las Vegas. The frontage property is in a desirable development zone for medical and commercial administrative buildings and is surrounded by new commercial construction projects. Cal-Bay CEO Roger Pawson commented the property will be a premium development project for the company that will include a combination of commercial office and medical center administrative properties. Cal-Bay is currently in negotiations for several other Residential and Commercial development properties. FORWARD LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release. SOURCE: Cal-Bay International, Inc. Cal-Bay International, Inc. Tim Garlin, 760-930-0100 Fax: 760-930-0200 IR*calbayinternational.com [URL=http://www.calbayinternational.com]www.calbayinternational.com[/URL] Copyright Business Wire 2006 Might just have to take a trip to Vegas to check it out =) [/QB][/QUOTE]
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