Cal-Bay International Inc (CBYI)

[liable]

My sentiments exactly. When company executives are not straight forward or down right dishonest, they scare many potential shareholders for good. I have a list of stocks I won't trade because the companies might be repeat offenders in the areas of dilution, fluff PRs, or failing to deliver on promises.
Without any significant catalyst, CBAY will most likely drift back down from here again. The market is beginning to see that only the biggest POS companies on the OTC markets are the ones ordering the NOBO lists, the hype is almost over. Many people don't understand just how insignificant a NOBO list is. All it will show are the number of shareholders who wish to receive company communication through their brokers. Most daytraders will not show up on NOBO lists because of the box they check when opening a trading account.
Any company that suggest a NOBO list will give a clearer picture into short sales is feeding everyone a line, especially if they are issuing shares while doing so.