posted
Cal-Bay International CEO & Shareholder Conference Call Friday, February 16, 2007 Feb 15, 2007 10:05:00 AM Copyright Business Wire 2007 CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB:CBAY) announces Company CEO will host a listen only conference call on Friday, February 16, 2007 at 1:15 p.m. PST.
Cal-Bay International CEO Roger Pawson will host the conference call to state the goals and milestones of the company over the past two years.
Investor Relations Director Tim Garlin has scheduled a review list of the most frequently asked questions by investors and shareholders, which will be addressed in the call.
CONFERENCE CALL DIAL IN PROCEDURES:
Date: Friday, February 16, 2007 Start Time: 1:15 p.m. PST Dial In Number: (512) 597-6369 Access Code: 887299# 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
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I hope they transcript the CC as well and make it available for those who aren't able to listen in. Lots of questions here, the more transparency they can achieve the better for all of us.
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Yeah I agree Big, I would think they would have to do that, if they have any sense (which is debatable). Conf call wouldn't do much good if nobody new what they said on it.
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------------------------------------------------- from Tim Garlin <IR*calbayinternational.com> hide details 1:55 pm (2 minutes ago) to ******** (jburns) date Feb 16, 2007 1:55 PM subject Re: CC # and transcript?
It is not a toll free number and it is being recorded and it hopefully be up on our website soon
posted
CC PR, for anyone needing the #: ----------------------------------------------- Press Release Source: Cal-Bay International, Inc.
Cal-Bay International CEO & Shareholder Conference Call Friday, February 16, 2007 Thursday February 15, 10:05 am ET
CARLSBAD, Calif.--(BUSINESS WIRE)--Cal-Bay International, Inc. (OTCBB:CBAY - News) announces Company CEO will host a listen only conference call on Friday, February 16, 2007 at 1:15 p.m. PST. Cal-Bay International CEO Roger Pawson will host the conference call to state the goals and milestones of the company over the past two years.
Investor Relations Director Tim Garlin has scheduled a review list of the most frequently asked questions by investors and shareholders, which will be addressed in the call.
CONFERENCE CALL DIAL IN PROCEDURES:
Date: Friday, February 16, 2007 Start Time: 1:15 p.m. PST Dial In Number: (512) 597-6369 Access Code: 887299#
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.
Contact: Cal-Bay International, Inc. Tim Garlin, (760) 930-0100 Fax: (760) 930-0200 IR*calbayinternational.com www.calbayinternational.com
-------------------------------------------------------------------------------- Source: Cal-Bay International, Inc.
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I just listened to the conference call. Here are some highlight, I am a bit deaf, so if I get it wrong someone correct me quick.
O/S 245,780,998
Florida property still in litigation, CBAY saw new evidence for the courts.
Something about Las Vegas property and selling some homes (property).
They are reviewing their real estate profolio to sell property if the market is right (profit I would assume).
Other than that not much. Nothing scary, nothing to write home about.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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Overall an uninspiring CC. No unexpected actions that will favor the pps but no detrimental news either.
Guess we wait and see if the Aspen deal goes through and if the 10Q comes out.
Chart shows some signs that we may have hit a bottom that will hold but I wouldn't be surprised to see a dip first on Tuesday of anyone who bought in expecting news from the CC or longterm holders giving up. We are so undersold at the moment though I can't imaging dipping too much farther before a rebound. (Providing there is no near term dilution planned by CBAY)
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Well, it tested the 52 low (.018) on Friday- didn't quite get there. Maybe we can consider that a double bottom nonetheless, if for nothing else, the sake of patience that comes with being optimistic? According to Askresearch, this thing paid a .04 dividend, carries a yield of over 48%, an EPS of .07 and a PE of around 1.16 (not 116- not even 11.6)... 1.16 to 1. Marketwatch has it book value at .23, earnings at .07, and annual dividend of .01, a market cap of under $900,000, and return percentages in the mid to upper 20s. At full dillution (worst-case scenario) there would be 1.45 billion shares out (inc. restricted ones), divided by $25,000,000+- in assets, which would equal a book value of $0.0172+ per share- again, as a worst case valuation scenario. It closed at .02 on Friday- a 1.16 P/E. How's that for optimism?
[ February 18, 2007, 01:53: Message edited by: Zeker ]
posted
Cal-Bay International, Inc. Authorizes Company Transfer Agent to Commence Mandatory Stock Certificate Exchange Program Feb 20, 2007 9:35:00 AM Copyright Business Wire 2007 CARLSBAD, Calif.--(BUSINESS WIRE)--
Cal-Bay International, Inc. (OTCBB:CBAY) authorizes company Transfer Agent to commence mandatory stock certificate exchange.
Cal-Bay International's Board of Directors today made the announcement for the exchange program to begin. The program will include the mandatory exchange of common shares, Class B and Class C Preferred shares. The exchange will include all shares that are currently freely tradable and registered in street name.
Cal-Bay's management believes there is a significant short position in the company's freely tradable shares, and the mandatory certificate exchange program should be able to identify such a position.
The exchange program will be orchestrated completely by the company's Transfer Agent.
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 E-mail: IR*calbayinternational.com Website: www.calbayinternational.com
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Cal-Bay's management believes there is a significant short position in the company's freely tradable shares, and the mandatory certificate exchange program should be able to identify such a position.
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.002 gap is pretty big for this stock. I think they are holding back to catch any final sellers before we start the consolidation and accumulation process again.
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paul, my friend, what are we to do with you? It is relatively easy to call pennnies absotle losers, at any given time, they all can be. Wait long enough and they all see bottom. The trick is to recognize bottom, and grab some there.
Pay attention to this now, you're a bout to see a loser become a winner shortly.
quote:Originally posted by paulbest: man I called this POS right months ago. Absolute loser.
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