For anyone willing to share, I would be interested to know if anyone here who bought at .0001 was able to sell today at .0002. I didn't try, but wonder if anyone here has. Thanks

Ethics should include the truth. Pawson is no longer President/CEO, but he could still be a director.

So are we going to show a .0002 close?

I said none of those things, and I am no fan of Pawson and think he should be sitting in a jail cell, but look for yourself! The REALITY is that CBAY has plenty of assets and we haven't a clue as to the current EQUITY position or liabilities that would offset the value of those assets. My point was simple (because I have a simple mind):

If Roger used some of the money he made in dumping shares and if he sells off half (for example) of what's in the current real estate portfolio to get the company out of debt and discharge the liens and other legal obligations, CBAY could have a fresh start. That's all I'm saying. Does Roger CARE enough to do this? Probably not! Will the new CEO care enough to do it? I have NO IDEA because Roger is probably STILL the guy running the joint!

That's not true. CBAY has plenty of assets with significant market value. Yes, many are in legal trouble and they're all frozen for now, but CBAY still holds LEGAL TITLE to those properties. It wouldn't take a genuis to sell off/rearrange those very assets to get CBAY back on track.

Hi Stervc, yes, I know that he is a NEW director, but that doesn't mean that Pawson is no longer a director. If Pawson had been "terminated" or stepped down as director, then wouldn't they have mentioned that in the 8K? If they had, I would have REJOICED and popped open the champagne!

On the other hand, it was Pawson the crook who made this mess, so he might be our only hope to clean it up.

I'm countin' on ya Roger!

;)

What's troubling about that 8K is that it does not mention that he was "terminated" as Director or that he even stepped down in that capacity. I am almost 100% sure that Pawson is still pulling the strings here.

Thanks Arizona. It looks like our "investment" has morphed into a head-spinning and illogical "play," but if this is how these crooks plan on getting us back to 1 or 2 cents, then I'm all for it.

Hi Arizona, of course you are right. But what do you make of these Form 4 filings? Can you come up with any logical reason why the new CEO would buy so many shares at .0001?

Do you think they're just trying to stir things up?

How could he have made a 55% profit when no one else has?

Sharecount..GSSSMITH, thanks for doing this. I only have 3.978 million, so I took those 30 million off (but thanks for giving them to me!).

ceo rizvi...............197,000,000
dak.....................enough to buy his own island
nennwert.................40,000,000?maybe/maybe not
belinda bicciano.........48,000,000
from germantrading room..30,000,000 2 people
silkman..................30,000,000
vulcan...................12,000,000
timmage...................5,000,000
lostin310.................5,000,000
gsssmith..................5,000,000
kubjo.....................4,800,000
the franchise.............4,500,000
badbilly..................4,000,000
keymaster.................4,000,000
gn........................3,000,000
snowcloud.................2,000,000
stefan....................1,000,000
thorserb2....................50,000
zoomster......................3,200
lottoplayerslair.........23,000,000
mccoy.....................2,086,000
callie9.................. 3,978,000
momo.....................50,000,000
dinamo....................5,200,000

(lol) If you divide .0001 by 1000, the shares will be worth .0000001! It is insanity, but apparently some are saying that since we can't trade for less than .0001, this is a good thing (at least that's what I THINK they're saying).

Hi TMICLOV, the FS is true as of this very minute, but things change very quickly around here! The insider buys are the ONLY positive that I can see lately. After all this time, it's hard to get excited about anything.

Some are expecting a massive short squeeze of the naked kind (MOASS)!

Others are clueless and have given up trying to figure out what is going on here (that would be me!).

GSSSMITH, you can add my 3.978 million shares. I have close to the lowest number of shares reported on this board, yet paid on average 2500% MORE for them than most! Am I good or what?

(lol)

Go MOASS!

Well thank you. I really didn't know that, but it sounds serious! Poor old Roger always told us that this was really THE BIG problem...those darn shorts. It's funny how they pick on him like that, and other companies he's been involved with. He tries and tries to stop the madness, but nothing seems to work. Yes I am being sarcastic. I sincerely hope ya'll are right on this one. The reasoning behind these recent activities has yet to become clear to me, not that much has ever been clear over the past year (except dumping shares and stealing our money and doing nothing that I can see to SAVE our assets).

So go MOASS, go CBAY!

Not sure what MOASS is, but when it happens, will we hit 2 cents?

(please say yes even if you don't believe it)

Part of the fun is that Rizvi doesn't even have to file a Form 4 when he sells, just like he didn't have to file a 4 when he bought because we're now pink. Why he filed the 4's in the first place hasn't hit me yet, but why would he buy at .0001 and then sell a few days later at .0001?

In a nutshell, Roger bought lots of properties and told us he was going to create a REIT and it sure looked good for a while, but that came crashing down when he lost that $14 million Stonewall note case in a court (he never told us about losing that case, although he's brought it to another court), and then he lost this property in Florida to foreclosure, and in the meantime, lost to "fees" all kinds of escrowed money for potential properties. There were PR's about other properties that were going to be bought and/or sold, but they never came through. At one point he purchased COBS Homes, which was going to bring in wonderful revenue, but then he got rid of that in record time for reasons that are not clear. CBAY had a very nice website and an actual IR person and an actual office, but then it all disappeared without a word, including Tim, the IR guy. Roger blamed the deteriorating share price on shorts and told us he was gonna fix it! Then Roger told us everything was AOK and that the new website would be up and running in June (didn't happen). Meanwhile, more notices of Lis Pendens were filed on properties in Las Vegas as he continued to dilute and did who-knows-what with that money and then we went "pink" even though we were assured that we would not go pink, and then Edgewater filed its suit and CBAY's assets were frozen, and you know the rest! We should write a book! I came in as an "investor," but THAT was stupid!

Still, it seems to me there are enough assets that he could use to get this company out of trouble, but then again, it's not clear if Pawson EVER intended this to be a legitimate REIT. As time went on, it looked more and more like his sole reason for his very existence was to sell shares and hide from the shareholders.

I hear ya, zoomster. Hopefully we'll get out of this with some dignity. CBAY still has plenty of assets and could easily use them to get out of this mess if they really wanted to.

My optimism annoys even me sometimes.

;)

That's true and seems bizarre, so your guess is as good as mine, BUT I have to say that this insider buy is something I am happy to see.

Who knows, many our new guy will be "terminated" tomorrow and Roger will return like a bad penny as CEO/Director.

(lol)

and Lenox is HIS company, isn't it? ("Grow with Us!") So essentially, he terminated the very agreement he made with himself.

What a hoot.

Wow! That's great! We've got our 10 bucks back! Go CBAY!

Yes, I used my last pennies to buy as many as I could at .0001, so my average is now .0125, but since I had been buying all the way down, I'm still showing a 99.23% loss, which adds up to a wad of cash, so I'll be cheering for 10 cents, but would be happy with 2 cents.

What has happened to this stock in a year has kept my head spinning and hurting, and I'm not a nice person anymore either! So watch out Roger and New Guy!

;)

Interesting take lifegear...that's the scenario I'll be hoping for, but won't be holding my breath!

I have a confession to make. I am still holding shares bought at 16 cents.

Yes, I am an idiot.

No one really knows much. And I wonder why anyone would think this "play" will end up benefiting common shareholders. I mean, did Pawson find religion?

He is nothing but an arrogant crook, but I promise that I will love him forever and call off the FBI and SEC and bake him a cake the minute this hits 2 cents.

(lol)

OK, I won't give up...as IF I have any choice!

FUN in a good way? This has been NOT FUN for me for about 14 months now. I'm gonna throw my popcorn at Pawson and pour my drink on top of his head! ;)

Don't know! None of it makes sense to me anymore except the fact that I've been duped and that Roger should be doing time.

Don't get it, never will, so I give up!

(LOL) Headache is right. After the F/S each share will be worth 0.0000001, so one million shares will be worth 10 cents? 5 million will be worth 50 cents. I don't get the point of doing this. This better be a good trick, Roger! Or I'm gonna come lookin' for ya!

The cached page is still available:

http://64.233.169.104/search?q=cache:fZA5CeVz8pEJ:www.lendernotes.com/about+%22Sean+J.+Rizvi+%22&....

The tricksters probably had it timed perfectly...you know, timing is everything. These guys are professionals!

;)

Yes, it probably was smart, I mean slick...but I'm not quite sure why. My theory on how it was done is explained in #17570, and that theory is supported by the volume on 9/11/07.

Yes they can R/S without notifying the shareholders. It's not nice, but they can do it, and it looks like that's exactly what they did. It should show up in everyone's accounts sooner or later.

Also, "The SEC does not have jurisdiction over reverse stock splits. They are governed primarily by state corporate law and by a company’s articles of incorporation and by-laws."

I am sure Roger had it all covered in the CBAY By-laws.

We know that he spent $3700 for 37 million, so it’s a fact that he paid .0001 for each of those shares according to the Form 4 filed on 9/5. He must have purchased about 295 million more shares, conveniently NOT filing another Form 4 in order to bring his position to an 89.7% ownership. This “theory” of mine is supported by the volume surge on 9/11/07 of 340,751,300; THEN came the R/S at about 1:8.972. So he’s now holding about 332 million at .0001 and after the R/S, he’s got 37 million shares, or 89.7% of the 41.235 million outstanding.

Makes my head spin, but how else could they have done it?

(figures are not exact…but close enough)

I think this is our guy:

http://64.233.169.104/search?q=cache:fZA5CeVz8pEJ:www.lendernotes.com/about+%22Sean+J.+Rizvi+%22&....

I think it means ALL shares. But can they just cancel our shares like that and give us nothing? Don't you think our shares will morph one way or another into LNOX shares when/if they do get registered?

That Asset Agreement has plenty of errors in it, including the fact that it states CBAY is a registered corporation in UTAH. That agreement is subject to termination if anything is untrue. What is this "client list" and "patents" and where is the "goodwill?" What exactly is on the bill of sale?

It's clear as mud.

Right here...beneath the pretty picture! Yes Sean, "we are ready for Growth, are you"?

http://lenoxcorp.com/index.html

Sean J. Rizvi is listed as President/CEO of Lenox. I bet this is the same guy:

http://64.233.169.104/search?q=cache:fZA5CeVz8pEJ:www.lendernotes.com/about+%22Sean+J.+Rizvi%22&....