posted
I would really hate to see our green streak end today, but I have to be honest funds are coming tomorrow and .026 sure sounds good, but only for like 5 minutes in the morning when I place my order. Then we can get back to GREEEEEN!!!
Posts: 201 | From: GA | Registered: Dec 2006
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posted
My order finally got filled this morning, took an hour at the ask. Now let's hear some good news.
Posts: 201 | From: GA | Registered: Dec 2006
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posted
Relatively low volume and a very narrow (positive) trading channel today.
Resting for the next push.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
I smell a break out...also Tim the transfer agent hinted at some "good news to come". Everyone hang on...
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
Hmm last trades... Cleared a chunk of 110k shares at .028 and then
1k * .0285 25k * .028 24k * .0275 30k * .027
Someone is using low bid support to "try" to walk us down.
I just don't see tha working right now. Too many eyes here.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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I'll take it. green is green even if it is just 5/100ths of a peeny over yesterday's close
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Wow! check that out. Halfway through the trading day and we haven't even sold a 100k shares yet. Our 21 day average is over 3Mill per day!
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Guess it's Friday syndrome. No one buying equals depression. We are starting to get some green on the ticker though. Should recover some of this intraday.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Yes it hurts to see this performance...however it is important to look at the big picture. There are individual assets that are worth more than the entire stock price of the company which clearly makes no sense. Stay strong, patience will be rewarded.
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
Yes, it will recover. Pretty ridiculous that they had it down 10% this morning on 100k shares. Still only at 1.2 million...very low volume. Says most are hanging in there for better things.
Posts: 1053 | Registered: Mar 2006
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posted
In for more at .024. Hoping it's nothing more than Friday lull, and we start our climb back up Monday.
Posts: 1053 | Registered: Mar 2006
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posted
Hmmm....rumors out that the LA deal fell through. Keep your eyes open for news next week.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
This week is should be filled with all kinds of PR material...According to Tim Garlin, "the shareholders will be pleased".
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
Cal-Bay International to Re-Finance Southern California Development PropertiesLast update: 2/12/2007 11:33:23 AMCARLSBAD, Calif., Feb 12, 2007 (BUSINESS WIRE) -- Cal-Bay International, Inc. (CBAY) President and CEO Roger Pawson announced the company has made application for the refinancing of two of the company's Southern California owned development properties with a current combined appraised value of approximately $19M. Roger Pawson stated, "The refinancing would enable the company to start the development process on each of the properties and significantly reduce the monthly note payments currently in place on the properties. The combined total owed by Cal-Bay on the two properties is approximately $11.4M, a structured refinancing along with an Interest Reserve and Construction allotment would allow the company to move forward with the initial planning and entitlement process for each property in early March 2007. Cal-Bay's strategy for 2005 and 2006 was to acquire properties with significant equity appreciation at a discount to the market value. The Company has successfully achieved these goals, and now 2007 is the company's target for the leverage of the equity built for the purpose of development, revenues and profit for the company and its Investors." 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, 760-930-0100Fax: 760-930-0200IR*calbayinternational.comCopyright Business Wire 2007
Posts: 360 | From: black hawk , colorado | Registered: Dec 2005
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-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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posted
I been for a while now. Waiting longer than I wanted for the swing I see coming but I still see it coming eventually. Some dilution crap and unclear decisions/pr's have been keeping us down. Should be a conference call being set up soon that will hopefully answer most of this and get us back on track.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Number of Shares 5) Sole Voting Power 4,119,876 Beneficially ------------------------------------------------ Owned by Each 6) Shared Voting Power Reporting ------------------------------------------------ Person With 7) Sole Dispositive Power 4,119,876 ------------------------------------------------- 8) Shared Dispositive Power
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [x]
The aggregate amount in Row 9 represents the maximum amount of shares that Golden Gate Investors can beneficially control under a contractually stipulated 9.99% ownership restriction. The full conversion of La Jolla Cove Investors' Convertible Debenture would exceed this restriction.
12) Type of Reporting Person (See Instructions) CO
<PAGE>
ITEM 1.
(A) NAME OF ISSUER Cal Bay International, Inc.
(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE 2111 Palomar Airport Road, Suite 100, Carlsbad, CA 92009
ITEM 2.
(A) NAME OF PERSON FILING Golden Gate Investors, Inc.
(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR IF NONE, RESIDENCE 7817 Herschel Ave., Suite 200 La Jolla, CA 92037
(C) CITIZENSHIP USA
(D) TITLE OF CLASS OF SECURITIES Common Stock
(E) CUSIP NUMBER 12802P208
ITEM 3.
If this statement is filed pursuant to rule 240.13d- 1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
(a) ___ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) ___ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) ___ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)___Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) ___ An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
(f) ___ An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F).
<PAGE>
(g) ___ A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G)
(h) ___ A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i) ___ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j) ___ Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 4,119,876
(b) Percent of class: 9.99%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 4,119,876
(ii) Shared power to vote or to direct the vote:
(iii) Sole power to dispose or to direct the disposition of: 4,119,876
(iv) Shared power to dispose or to direct the disposition of:
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following /___/.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable
<PAGE>
ITEM 10. CERTIFICATION.
By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
Dated: February 9, 2007
By: /s/ Travis W. Huff ---------------------------- Name: Travis W. Huff Title: Vice President and Portfolio Manager
Posts: 360 | From: black hawk , colorado | Registered: Dec 2005
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