posted
Nice how they don't even say what the split ratio will be. maybe they couldn't figure out how to write the sideways 8 for infiniti...
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Interesting info discovered today. Some had tried calling the phone number listed on the PR and it goes to a voicemailbox where you have to enter a mailbox number, but it does not give any more info than that. So someone found an e-mail address associated with the person on the PR, and Jim Bishop from IHub e-mailed him. He asked:
"How big a reverse split?
When was FINRA advised and what record date are you hoping to use?
Cal-Bay is in default with Nevada SOS, how can you do much of anything while this is the case?
What's the story with Beverly Hills Choppers and Cal-Bay?"
The response essentially said he could not legally disclose any info, but his e-mail was being forwarded to counsel, but he mentioned that in response to the Nevada SOS, that he has been led to believe that it was being taken care of.
So it seems pretty apparent that SOMETHING is going on, but we don't really know if/when anythign will happen. Actually he did say that they decided to issue the PR about the reverse because there was so much recent speculation and volume.
All sorts of theories being thrown around on IHub, and i'm not going to post them here, but for an interesting read, check it out, and keep an eye on this one going forward.
Oh, and no, I wouldn't buy now if I were you. I have a ton, but I would not have bought so much had I known about the split. I would wait until all of the details are finalized and public.
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Another R/S of a triple zero dud. I must admit that all the hype was impressive. Paid pumpers please stand...bagholders take a number. For those of you who said >> I am in! << you'd better look again...I think you're in quicksand!....LOL
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She may be shaking off some of the quicksand and coming back to life...
Two PRs in the last two days, one saying the previously issued PRs (assumed to mean referencing the R/S) were not authorized, and now over 820m in volume, whcih is over $82,000 worth, so obviously something is up... Could just be a bunch of dumbasses like me buying, but that's a pretty big number for what was basically a no volume .0001 stock.
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Cal-Bay International Announces Cancellation of Reverse Stock Split
HENDERSON, Nev., Aug 29, 2008 (BUSINESS WIRE) -- Cal-Bay International, Inc. (OTC: CBAY) today announced the Board of Directors confirmed the cancellation of the reverse stock split of the company's common shares proposed in a press release earlier this year. Melinda Rice, Acting President for Cal-Bay International, stated: "We are pleased to announce due to the obvious recent renewed support and confidence in the company and its management, it is in the best interest of the company, its shareholders and Investors to cancel the proposed reverse split of the common stock announced earlier this year. The recent support of the shareholders and market awareness has further inspired company management to restore Cal-Bay to its former Glory to the benefit of the Investors and shareholders who have stood firmly by the company. Cal-Bay presently has approximately Eight Billion shares of common stock Issued & Outstanding and company management believes due to the significant number of shares recently traded there may be a large short position in the company's stock."
Cal-Bay recently secured a two-year storage & distribution contract with Bionic Products, "Lady Pink" and "Bionic Tonic" all natural energy drinks from a newly acquired 12,000 square feet Las Vegas Distribution Center.
Cal-Bay recently secured an exclusive three-year construction & retrofit contract with a California-based Hybridization Company for the nationwide development & construction of commercial vehicle Hydrogen Fuel installation centers.
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.
SOURCE: Cal-Bay International, Inc.
CONTACT: Investing in Stock Market Inc. Investor Relations: Dale Baeten, 920-418-0153 info*cbayinternational.com www.cbayinternational.com Copyright Business Wire 2008 -0-
KEYWORD: United States North America Nevada INDUSTRY KEYWORD: Transport Logistics Construction & Property Commercial Building & Real Estate SUBJECT CODE: Stock Split
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There was over 2.4billion in volume yesterday, and 110mil so far today. Seems a lot of the people on IHUB are trying to hit the ask but being filled at .00019 and T&S and last trade are showing them as .0001. I have a good feeling about this one. I own MANY shares bought at various times in the last year, so don't take my word for it, but keep an eye for signs of a break of .0002 and this may have more legs from there.
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Cal-Bay International Releases Company Information Statement Wednesday 09/03/2008 2:12 PM ET - Businesswire
As of 3:54 PM ET 9/3/08 Cal-Bay International, Inc. (OTC: CBAY) today released the following information statement.
Cal-Bay International is a Real Estate Acquisition and Development Company currently targeting commercial property acquisitions with potential immediate revenue sources for the company along with increased equity appreciation.
Cal-Bay recently secured an exclusive 3 year development and retrofit contract with a California based vehicle Hybridization company. The initial terms of the contract require Cal-Bay to locate key locations across the USA for the construction or retrofit of existing properties for the Hybrid company's commercial vehicle installation centers. The Hybrid centers acquisitions and development costs will be funded by the Hybrid company. The terms of the contract include provision for Cal-Bay International to acquire and own approved installation center properties for the Hybrid company with long term leaseback provisions to the company. This will in the future enable Cal-Bay to build a nationwide extensive commercial property portfolio with a continuous revenue stream and potential property portfolio appreciation.
Cal-Bay recently secured a 2 year storage and distribution agreement with Nevada based Bionic Products, Inc. The contract requires Cal-Bay to provide a storage and distribution facility in Las Vegas for the Natural Energy Drink Company. Cal-Bay recently secured a warehouse and distribution center in North Las Vegas under a lease to purchase agreement for the storage and distribution of Bionic Tonic Products.
Cal-Bay's focus is specifically targeting commercial property acquisitions that have existing or immediate revenue opportunities. The company is not currently focusing on the residential Real Estate market.
Cal-Bay will be temporarily be operating from the Henderson Nevada, Executive suites location with plans to be independently located in one of the company's newly acquired properties in the fourth quarter of 2008. The company has retained the services of Dale Baeten at Investing In Stock Market, Inc., as the company IR contact. The company website is in the final stages of development and should be operational within 7-10 days.
Cal-Bay's 2008-2009 objectives are to rebuild the company's property portfolio with commercial and administrative properties that have existing or immediate revenue potential for the company. This coupled with the anticipated re-growth of the commercial real estate market should assist the company in building an extensive Real Estate foundation for future growth and profitability.
Cal-Bay has already initiated the process to become a fully reporting entity with the goal of being reinstated to the Bulletin Board by early 2009.
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.
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Bionic Products to Donate Bionic-Tonic(R) to Charity Run in Nevada LAS VEGAS, NV -- (Marketwire) -- 09/10/08 -- Bionic Products (PINKSHEETS: BNPD) is pleased to announce that the company will be donating Bionic-Tonic® to the 25th Annual Forest Challenge run/walk in Mount Charleston, Nevada.
The 25th Annual Forest Challenge consists of both 4 and 8 mile races, 4 miles down the road from the Lee Canyon ski resort. Proceeds go toward a scholarship fund for local kids living in the Mount Charleston area.
According to J.D. Pulver, Vice President of Bionic Products, "Bionic Products has engaged in a national promotional advertising campaign designed to quickly grow Bionic Products' customer base for its flagship natural energy drinks, Bionic-Tonic® and LadyPink®. Selective community events such as the Forest Challenge which promote health and wellness are a great opportunity to increase brand awareness for our exciting new products. This is the beginning of creating our brand names, and focus on promotions will be expanding as we further increase distribution channels and markets for Bionic-Tonic® and LadyPink® on a worldwide scale."
The company is pleased to announce Bionic-Tonic® soon be available to consumers for direct purchase from the company's e-commerce site. Company plans also include expanding product promotions to other targeted markets and to further expand company distribution channels. Bionic Products is growing exponentially and is open to direct investments in the company for sales participation and profits.
About Bionic Products:
Bionic-Tonic® and LadyPink® are refreshing energy drinks that provide an increase in energy without the calories and sugar. These products contain the finest ingredients available to assist metabolic levels and burn calories. The energy drink and shot-size booster business is one of the fastest growing sectors in the beverage industry. Bionic Products is a Nevada Corporation formed for the purpose of discovering, developing and marketing breakthrough energy products and bottled water that will enhance the health and wellness of consumers. The company's common stock is traded on the OTC under the symbol BNPD. For corporate information please visit www.bionicproducts.us
Forward-Looking Statements
This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Fat finger. It was meaningless. I think they meant ot put it through at .00009 but missed a 0. I wouldn't read anything into it, but I do hope it runs soon. I have an embarrassingly large number of shares of this one tucked away.
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