I know none of you know me here but ive talked to Tim several times in the last few weeks and I am just tired of people miss-interpreting what is giong on here. He is very responsive and helpful. Cal-Bay is in NO WAY scamming or corrupt, you people saying that seriously need to do your DD before claiming nonsense. They have assets that FAR exceed that of most pennys, there 10Q unbelievable. They are very undervalued and from emails ive sent back and forth to Tim shorting is cause for the pps drop. The selling of shares you can say was sneaky, but necessary and many companies do exactly that: You should all assume the shares were sold high and will be rebought at a lower pps, that is smart business. They are not terribly dilluting shares to no end. The O/S is still insanely low at 56Mill and will remain just that and lower come november. This will pop big time. Give it time and please do your DD. If you don't like Cal-Bay please stop bickering and leave our investment alone. Thanks.
Well here is an email I received from Tim today in response to my latest questions about O/S and lawsuits this morning:
"The OS is now approx .56 million. Newly issued shares for acquistion As was disclosed in the press release the results of the buy back will be disclosed after the 31st of October. If dilution is a concern, I cant advise you on what you should or should not do. What is your definition of dilution? I am asking because from all of the people I talk to there are several opinions. In regards to the settlement. I cant tell you when the money will be in because I do not know. What lawsuit are you referring to? Chris can you provide a phone number for me The CEO would like to talk to you?"
