posted
I got an email from someone telling me to buy CBAY because there supposed to get this huge contract to rebuild Lebanon. The email said it's going up to $5.00 dollars in three months. I doubt that that will ever happen, but I'd be satisfied with $1.00 or 2.00. Anyone have any clues about this company?
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posted
Cal-Bay International, Inc. (CBAY) Squeeze Trigger Price is $0.54 Thursday June 29, 10:58 am ET Approximately 5.4 Million Shares Shorted Since January 2005 According To ********** Research Report
CARLSBAD, Calif.--(BUSINESS WIRE)--June 29, 2006--Cal-Bay International, Inc. (OTCBB:CBAY - News) today announced that www.********** is initiating coverage of Cal-Bay International after releasing the latest short sale data to June 2006. From January 2005 to June 2006 approximately 69.7 million total aggregate shares of CBAY have traded for a total dollar value of nearly $38 million. The total aggregate number of shares shorted in this time period is approximately 5.4 million shares. The CBAY Squeeze Trigger price of $0.54 is the volume weighted average short price of all short selling in CBAY. A short squeeze is expected to begin when shares of CBAY close above $0.54. To access Squeeze Trigger Prices ahead of potential short squeezes beginning, visit http://www.**********.
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posted
Cal-Bay International Announces Late Filing of Consolidated Financial Quarterly Report Business Wire - August 24, 2006 09:59
CARLSBAD, Calif., Aug 24, 2006 (BUSINESS WIRE) -- The Board of Directors of Cal-Bay International, Inc. (OTCBB:CBAY) today announced the late filing of the company's June 30th, 2006 consolidated financial quarterly report.
Cal-Bay International today announced the June 30th, 2006 quarterly report filing will be late due to the unexpected volume of accounting work required by the COBS Homes acquisition during this reporting period.
Company accountants are diligently completing the consolidation but will not be able to meet the reporting deadline.
Effective Thursday, August 24th, 2006 the company trading symbol is temporarily expected to be CBAYE (according to the "OTCBB.Com'" daily list), which should revert back to CBAY as soon as the consolidated reports are fully filed, which is anticipated to be early next week.
Cal-Bay's management apologizes for the delay, but is insistent on filing an accurate report.
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 www.calbayinternational.com
Copyright Business Wire 2006
-------------------- "Great Day for Up!"....Dr. Seuss
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posted
10Q is for this week CBAY.OB -> CBAYE.OB -> CBAY.OB as well then good communication there (phone/mail accepted & answered, thanks to them) sounds it'll be a good 10Q :-)
posted
THREE MONTH PERIODS ENDED June 30, 2006 AND 2005
Cal Bay generated $313,540 in revenues for the three months ended June 30, 2006 compared to $0 in revenues for the same period in 2005. Operating expenses for the three months ended June 30, 2006 were $1,788,558 compared to $607,924 for the same period in 2005. Total net income (loss) for the three months ended June 30, 2006 was $5,402,094 compared to a loss of $ (607,924).
LIQUIDITY AND CAPITAL RESOURCES
As of June 30, 2006, Cal-Bay had total assets of $32,473,389. Those assets are comprised primarily of the real estate the company acquired, the acquisition of COBS homes and $225,000 of the assets are comprised of the proprietary software TLCO and cash in hand of $261,061.
Current liabilities totaled $7,757,465.00.
The company believes that in order to maintain its current real estate holdings and to close escrow on the properties currently in escrow, the Company must raise additional capital. The Company has no current plan in place to raise additional capital. The Company may sell additional stock, arrange debt financing or seek other avenues of raising capital.
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posted
Once they shoot out a PR highlighting the financials, this will pop...o/s is only 22mil...this ran to around $1 after they released financials last quarter, and those financials weren't as good as these...I see a big bouce coming soon...
luckily, most don't read financials, only PR's... so, all you smart traders get in now before the masses tomorrow, I could see a late day or A/H's PR today, then big gap and run tomorrow, JMO...
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posted
The -E is off, great news this morning, maybe we should use this thread?
================
CBAY - NEWS JUST OUT. Cal-Bay International Acquires $4M Single Family Home Development Parcel in Charlotte County Florida
CARLSBAD, Calif., Sep 13, 2006 (BUSINESS WIRE) -- Cal-Bay International, Inc. (OTCBB:CBAY) announced the acquisition of a $4M residential property parcel comprised of 85 Single Family Residence home lots in Charlotte County, Fla.
Cal-Bay's public relations department made the announcement today that the company had entered into a binding agreement for purchase of the fully entitled land parcel in Charlotte County, Fla., to develop 85 single family custom homes on the property. The property received an appraised land value of approximately $4M. The deal is expected to close this week.
Cal-Bay's public relations department made the announcement today after the signing of a binding Letter of Intent between the parties.
Cal-Bay's President commented: "The company plans to construct several Model Homes on the property and offer either completed custom homes or single lots with an inclusive COBS Homes construction package to prospective buyers."
This would potentially add 85 complete owner builder customers to COBS' existing portfolio immediately.
The fully completed development is expected to add combined revenues in the region of $20M to both COBS and Cal-Bay over the next two years.
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.
CONTACT: Cal-Bay International, Inc. Tim Garlin, 760-930-0100 Fax: 760-930-0200 IR*calbayinternational.com
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Posted by: rheddle In reply to: None Date:9/13/2006 9:49:11 AM Post #of 737937
CBAY - why this will bust $1.
From 10Q dated 9.11.06: It has current assets of $32million and current liabilitiesof $8million giving it net current assets of $24million. This gives the company a book value of over $1 per share.
The revenues for the recent quarter were $300,000, but see below from August 8th PR and you will see that there are another $10million in revenues expected from a new development in CA. The book value plus the future revenues figure translates to higher future earnings and points to even greater undervaluation of the stock where it sits at $0.24.
Revenues are also increasing:
From August 8th PR: The company expects $10million in additional revenues once the California project is completed
From this morning's PR: The company expects an additional $20 million in revenues once the Florida project is completed.
In short:
- the company has gone from a loss maker in 2005 to a profitable company in 2006 with a low OS and revenues and profitability rising fast.
doubt they will PR the earnings, #'s speak for themselves, and they don't usually put out fluff PR's...I would like to see one too, so that everyone would know about this gem and it would get to it's proper value...people will catch on soon enough...
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posted
I am watching it closely, but not in with some of the other action going on. These levels look nice to buy in at though...the right news would send this one sky high.
-------------------- Study before you buy, Sell before you think about it....
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posted
someone is using ARCA to buy on the bid, that's a good thing long term...short term (today) it means that they will be fishing for sellers where they want their fill at, and will hold there until they get it...
The #'s are too good for this to sit down here, the entity using ARCA knows that, and is buying...
posted
not sure what is up here, here is some news...
AudioStocks.com Interviews Roger Pawson, CEO of Cal-Bay SAN DIEGO, Sept. 21, 2006 (PRIMEZONE) -- AudioStocks.com is pleased to announce that it has posted exclusive interviews from leading executives from the following company on the http://www.AudioStocks.com website: Cal-Bay International, Inc. (OTCBB:CBAY).
CBAY: CEO Roger Pawson discusses Cal-Bay's last two press releases related to the valuation of Cal-Bay's growing real estate portfolio and its most recent acquisition in Las Vegas, Nevada.
About AudioStocks.com
AudioStocks.com is an Internet-based publishing platform designed to create, catalogue, distribute and make functional, financial content and data related to that content. AudioStocks.com solutions generate rich media exposure for public and private companies, industry groups and investment professionals through the AudioStocks.com proprietary software platform. AudioStocks.com software is primarily used to: (1) facilitate executive and company participation in industry and event-based roundtables and conferences; (2) create and distribute audio-based content related to a particular private or public company or an industry in which a company conducts business; (3) append interview-related and other rich media content to traditional press releases; and (4) for registered investment professionals only, to add interview-based audio content to financial research. AudioStocks.com content is distributed to millions of individuals online and over 30,000 financial professionals, including North American and international buy-side analysts, investment research professionals and portfolio managers. All content is copyrighted to protect licensing partners.
Cal-Bay Opens Escrow for Acquisition of 2.5 Acre Premium Commercial Development Property in Las Vegas, Nevada Cal-Bay International, Inc. (OTCBB:CBAY) 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.
Cal-Bay International, Inc. Tim Garlin, 760-930-0100 Fax: 760-930-0200 IR*calbayinternational.com www.calbayinternational.com
Source: Business Wire (September 21, 2006 - 8:25 AM EST)
posted
Are the MM's just playing games with this one the last 2 weeks? I just can't see what else would be driving it down so much. Someone tell this stock to stop being a slut!!
posted
I have no idea. They are performing better than ever...my thoughts are that this will behave like TCLL...run up with news, fall back down to levels before the news, then have a nice steady upward progress back to higher than the initial run...possibly...all I know is, it is way undervalued considering their #'s...
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posted
Yeah, I feel that way sometimes as well. This stock has taken a major turn down, not sure why. They seem to be performing better than ever. Should have flipped when I had the chance. There is another lesson. But, like all of these, eventually it will run again...
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