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Hi Keymaster, well like SmallCap said, BHC could have picked up a clean shell for much cheaper. I suppose, as remote a possibility as it may seem, theoretically, Roger could have cleared out all liens and settled all claims, using whatever remaining assets CBAY had (i.e. Aspen Cove Resort, the Lake Panguich lots); or, maybe the BHC people may have seen some possibilities there and have the cash to develop the Utah property (or others) that MAY still be owned by CBAY.
As always, only time will tell. I’m happy to see something happening, which is always much better than endless nothingness, and I wish all of us good luck.
P.S. I did find an address for Roger in Beverly Hills, where one of his former companies, Leonidas Films, is located. Roger and Johnny Lew Fratto could have hooked up there.
A theory: If Rizvi were for real and was going to take over CBAY and merge it with Lenox, he may have backed out when he found out that he was misled by Pawson and that CBAY wasn’t a nice, clean shell. Then, maybe Pawson misrepresented CBAY’s status to Shawn Bailey, who backed out when he looked into the mess Pawson had created, so now I wonder if Johnny Lew and the gang have the same idea—to take over the shell in order to go public, but in the end their due diligence will compel them to back out of the deal.
I hope this is not the case, but let’s face it: CBAY must still be tied up in litigation and who knows what else. Who would want to inherit the mess Pawson created?
Just had to check at pink sheets this morning to make sure it wasn’t a dream, and “son of a gun,” the updated information is STILL there! Please don't disappear on us! (lol)
Cal-Bay International, Inc.
10120 S. Eastern Ave
Suite 200
Henderson, NV 89120
http://www.beverlyhillschoppers.com
mail: info@beverlyhillschoppers.com
· Company Officers
John Costello, CEO
Christopher LeClerc, CFO
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=cbay
Jim, then you were among the lucky/smart ones. Some of us have been stuck here long before CBAY went pink. Whatever is going on, Johnny Lew and the gang have given me just a tiny glimmer of hope, plus it's striking me as crazy-funny.
Jim Bishop, LOL!! Roger was just a wannabe Mafioso, but now we have the REAL thing. I wonder if the offer was too good to refuse...
Wouldn't it be a hoot if it was the MAFIA that was responsible for giving us our money back?
Thanks chloebware! I think I’ll slug down a few too like a real biker chick!
We're gonna be biker dudes and chicks!
(lol)
Hi mastaflash...have no clue. I just checked with the SEC and "Beverly Hills Choppers" isn't a public company yet. There are no new filings for CBAY, and the corporation is still in default with the Nevada SOS. Wish I had more time to investigate!
I'm not going to get my hopes up, but I hope it's for real.
Zoooom...
Johnny Lew Fratto is a real live gansta from the Midwest now hanging out with the Hollywood crowd...Paris Hilton (one of the most important people in the history of this universe) owns a Beverly Hills Chopper!
Too funny...
That's absolutely fascinating, Wolf, and thank you for finding it. I wonder if it's a mistake? I wonder if Roger sold the shell to this biker place. It looks like Roger used all but $500 worth of the authorized. Very interesting indeed....
Zooooom.
Belinda, I've been in my seat waiting for lift-off for such a long time that my butt is sore.
three...two...one....LIFT-OFF!
(lol)
OK, OK, silkman. We get your message. Now let the rest of us be delusional in peace please!
I really don't care if they do a R/S! As long as someone does something! Just a friendly hello from the RP gang would make me happy at this point. Now turn that frown upside down and repeat after me: "GO CBAY."
(lol)
And what if all those shorts Roger incessently talked about were REAL? (I know, I know...more delusions.) :)
No kidding? Most active? What could it all mean???? I think it means we're going to 2 cents, for no good reason that I can think of other than a miracle! Two cents, Roger, Andrew, Shawn, Syed, whoever you are...let's get this done! (pretty please).
And no one deserves to lose money when their investment was made in good faith based upon valuation and equity and a low float as reported in their filings and PRs and in comments made by the CEO and their IR person, and as presented on their fancy website. I don't know if we'll ever know why Roger just let it all go by doing absolutely nothing. It was either fraud or sheer stupidity.
If CBAY had something...anything...we'd be seeing some INTEREST, don't ya think? No one wants shares in CBAY, even at .0001!
Belinda, if that's true about Roger, then that's very sad and might explain some of what happened. I hope he beats it.
What a surprise: "total lack of compliance..." Have they EVER complied with anything? I think not. So here's still another litigation matter against CBAY. I sure hope Roger has his thinking cap on. If we're really only a shell now, then that should be worth something. Maybe he'll turn CBAY into a solar energy company next or an ice cream manufacturer.
And what was the point of appointing a new president? Did Roger think that would instill investor confidence? Or is Bailey truly the new president? And will we ever know the true story about Rizvi and the alleged hijacking?
(lol)
This is NOT FUNNY, Roger!
Only eight BILLION authorized, and who knows how many are issued and oustanding.
Dang.
Silkman, is that a quote from Roger himself? Did you really speak with him? Did he say anything about Bailey or Rizvi?
Yes, Belinda should take you up on your offer! Mine are for sale for 2 cents, so you're offering Belinda a great deal!
With volume like this and no bid, it will take until...ummm...ETERNITY before anyone will be able to sell.
Just look at CBAY go! C'mon Pawson/Bailey/Rizvi/Mercer/Wilson/Sickert/SpongeBob, let's see a huge MOASS!
(lol)
I agree with you Bruteforce. It is inconceivable that Moffitt and McGovern were unaware of the history of these guys. As they say..."birds of a feather..."
Taylor fooled me with all his talk about his integrity and God and apple pie, let alone his invoking the name of President James Monroe, supposedly a relative of his whose fine name he has dragged through the mud. How these guys can look at themselves in the mirror without becoming nauseous is beyond me.
How could someone have bought at .0002 when there are PLENTY for sale at .0001? I just don't get it. Could it be a Pawson-Rizvi-Bailey-Mercer game??
No bids could be a good thing. Maybe we'll show a .0002 close. At least it looks nice, doesn't it? Someone spent $20 to move us up 100%!
Go CBAY!
(lol)
Maybe you'd be able to sell them at .0002. (lol)
Raise your price!
Hey Key, I think the only things that would move this stock are numbers, legitimate verifiable numbers, and seeing that CBAY has restored its corporate standing, complete with an updated report of officers and directors, but a report that Roger is behind bars wouldn’t hurt, nor would the REAL story behind this Rizvi character and/or Shaun Bailey.
The launching of the new website wouldn’t hurt either; they could show us pretty pictures of the “multi-million dollars” in assets they claim still sit in their portfolio. Before he disappeared into the Twilight Zone, Tim Garlin told us that the website would be up and running in early June (2007) , and now Shaun Bailey claimed on 1/22/2008 that it would be launched in the “near future.” Yeah, right! And whatever happened to John Wilson, the new PR guy? He has disappeared too?
What a bunch!
You don't know that (unless you can provide proof that they filed for bankruptcy protection).
(LOL) Iron Lotus!
Maybe BEER (over their heads) would wake them up (whoever they are). (ROGER the wizard?? Rizvi?? Mercer?? Shaun Bailey?? SpongeBob??)
Oh yes, the website has been down. In fact, we're fast approaching our one-year anniversary (of the website being down). There's always something to celebrate in the happy land of CBAY!
Are we in the twilight zone? When I just looked at the IHUB "quote-charts-news," for CBAY, it says the previous close was .0079. If ONLY that were true!
(maybe some day).
He's the new President, not necessarily the new CEO. I just hope that Shaun Bailey doesn't disappear into the CBAY black hole like the rest of them did.
Hope springs eternal!
That would be great, and spring-summer is coming. I don't know why anything in this market game should shock me anymore, but when people were just letting their shares go at 25 cents, I was shocked still again! Ah, but it's always one of those bad-yet-good things!
(lol)
Challenger Ships Record 38 Boats for the Month of January
Feb 20, 2008 16:05:00 (ET)
WASHINGTON, Mo., Feb 20, 2008 /PRNewswire-FirstCall via COMTEX/ -- Challenger Powerboats, Inc. ("Challenger") (CPBI, Trade ), a manufacturer of powerboats, tow boats and water-jet powered sport boats, announced that it shipped a record 38 boats for the month of January.
Challenger Powerboats CEO Laurie Phillips stated, "Despite the current slower pace of growth within the industry, we are experiencing record demand, production, and shipments for all three lines, Sugar Sand, Gekko and Challenger. We believe this is a testament to the quality of our product offering as well as our aggressive marketing and sales strategy. This all comes without any penetration whatsoever yet into Florida, the number one recreational boating market in the U.S. We have recently embarked on a strategy to establish premier distribution channels within the Florida marketplace, and which we believe should add significantly to our current growth."
About Challenger Powerboats, Inc.
Challenger Powerboats, Inc. designs and manufactures high performance 'go fast' offshore racing boats, family sport cruisers, jet boats and water ski tow boats under the brands 'Challenger Powerboats', 'Sugar Sand' and 'Gekko', which target the recreational boating market. Proven world-class technology is incorporated into the manufacturing of our award winning boats at the Company's 65,000 sq. ft. facility located on our 12 acre complex in Washington, Missouri and 80,000 sq. ft facility in Fargo, North Dakota. The Company's boats are sold through our dealer network in the United States, Canada, Mexico, Europe, Australia, the Middle East and Japan. In 2006, Gekko was selected as an official tow boat for the World Barefooting Championships, and the European Barefooting Championships in 2005.
To find out more about Challenger Powerboats, Inc. (OTC Bulletin Board: CPWB) please visit http://www.challengerpowerboats.com , http://www.sugarsand.com , http://www.gekkosports.com or http://www.sec.gov to view the Company's public financial information and filings.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Contact:
Michael Novielli
845-575-6770
for Challenger Powerboats, Inc.
SOURCE Challenger Powerboats, Inc.
Hey, it's ONLY 8 billion, not 10!
(like it makes any difference)
(lol)
(lol) and I would reverse my curse!
Here's hoping! So it's 2 cents or higher (NOT negotiable).
;)
This time let's fly to 2 cents or at a minimum 1 cent (pretty please?)
Yes, I think if we ever see .01 again it would be a wonderful surprise. I hate to be so cynical about this new guy, but after all the tricks played by Pawson on the shareholders, I do have to wonder if Shaun Bailey is real and I do have to wonder if Roger is STILL on the Board.
Good luck to all of us. I hope this is truly a new beginning. First order of business: Get CBAY back into good standing with the Nevada SOS. Second order of business: Pay the shareholders a 1-cent dividend (lol).
Chloe, what many don't understand here is that CBAY was NOT a pink with billions of shares when keymaster and I first invested as "investors" rather than "flippers."
There were only 10 million common shares issued and outstanding when I first invested, and CBAY was a reporting company.
I can hardly contain my excited self with this news of CBAY's new President and CEO. :)
Go CBAY!
I haven't made anything up! It is NOT good business for any company to forfeit their corporate standing and there is NO excuse for it, just like there is no excuse for not making mortgage or tax payments ever and concealing material facts from shareholders, etc. Now it's been over a month since we were told that "soon" they'd announce the new BOD and four months since the mysterious Rizvi entered the game, and we're more in the dark than ever.
Hey, I hope this thing runs too, believe me, but as things stand now, why would it?
Hi Keymaster. It's CBAY's duty to report the names and addresses of the officers and directors annually. It amazes me how this goes on and on and on with no one ever taking care of business, and now the icing on the cake: CBAY is no longer a corporation in good standing. How typical.
Zilch plus zilch equals zilch.
How I love you, Roger. Let me count the ways.
: (
What a surprise. CBAY is now in default with the Nevada SOS for failing to file their list of officers. There is no end to the sheer ineptness of this company and no end to their failure to follow through on promises made.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d