Cal-Bay International Inc (CBYI)

[jbsliverer]

Great Post!

CBYI - hope people heeded the warnings

I see CBYI which has been on a slow steady decline over the past 3 weeks has settled back down to $.0002/share today.

I don't know how people couldn't see this coming. To me it was far to easy to see the true picture of what was going on with CBYI.

I'm not going to go back into detail, but I believe the person really running the company in the background is Roger Pawson. Pawson was basically forced out as the CEO on paper a few years back because of some legal issues he got the company into, but never really left. In my opinion he has continued to run the company using different puppet CEO's.

This latest round of promotion done on CBYI had Roger Pawson written all over it. He recycled a business plan from his other company BEHL which BEHL incidentally got busted plagiarizing from Magnegas

Details in this post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62676556

The CBYI "business" is set up in Scottsdale, Arizona (Pawson's home town) and Pawson's "green" energy promotion website (emerginggreencompanies.com) was hired to cover CBYI just like they have all of Pawson's other companies.

But the really important connection is in the filings where you can find that Pawson is the owner of several million preferred A shares which convert to 1000 common shares each.

I could see this all coming back on March 25, 2011

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61351412

I was right about the share increase, but I was a little off about the preferred A share ownership. Seems that Bailey and Pawson own even more shares than I estimated (a combined 46,200,000 Preferred A shares as of December 31, 2010 not the 41,500,000 Preferred A shares that I estimated in my post). I will chalk that one up to lack of filings available to read to be able to come up with an accurate count.

So in other words Shaun Bailey and Roger Pawson combined had 46,200,000 Preferred A shares as of December 31, 2011 which can be converted into 46,200,000,000 common shares.



My next round of predictions on this stock is another authorized share increase maybe even as soon as the end of May.

A new round of non-verifiable and in my opinion false press release claims helping to keep the share price bouncing up and down between $.0001/share and $.0003/share and to bring in some buyers to dump millions upon millions upon millions of more shares on to.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62767059

Personally I believe it's just a good of chance hitting the NO BID to .0001, but there always are those with the need to feed Pawson's pockets and believing in some hype and fall for the "bounce" play. In reality, it's all just one big pile, but CBYI will take anything one wants to give it even if that just .0001 -- when the bs has millions to billions of shares, its all free money with just a little bit of fluff PR and filing fee cost.