Cal-Bay International Inc (CBYI)

[downthehatch]

For anyone new to the CBYI board: While CBYI issues a lot of PR's, and talks a lot about "future launches" and "plans to launch"-- it never actually does anything, except to print and sell billions more shares, to unsuspecting bagholders.

The stock has gone nowhere for months, and no one on this board can even prove that the claimed company President, Walter Nichols, even exists, let alone is running the company. Most long term observes of this scam believe the company is still being operated by Roger Pawson, who has been running it for years, pumping out shares and press releases, and nothing else.

Now they announce a deal with REVI, and guess what:
The Calbay CEO Robert Thompson is ALSO the CEO and President of REVI. What a scam!
FROM THE CALBAY WEBSITE:
Robert Thompson was named as President and CEO of Resources Ventures Inc. (REVI) in mid-2012 to expand the company in different markets. One of the key markets Mr. Thompson was instrumental in a Joint Venture agreement with Hemp Inc. The Hemp Nation Magazine group (HEMP) to produce and edit all content and publishing the magazine.