Cal-Bay International Inc (CBYI)

[skytrades]

Let me analyze it for you since now you confirmed yourself they are converting Bs to common and was the main cause of the recent dilution and the floods of shares to sell. PPS will continue to go down with the increase in shares keep coming, no doubt, been proven and still happening. At this rate, they will reach AS in no time and RS is the only way (of course no company will tell you now they will RS, but when they do it, they will say it is for the best interest of the company according to the board of directors "Pawson".) And notice, the rate to these dumping have been keep increasing over the last 2 months as PPS going down, they are more desperate to dump more to raise the amount of cash they need. At the end, like any other company that do RS, they will screw this generation of bagholders and go on with another shareholder base after RS. Take GWDB for example, how many times the RS and apparent repeat and still new shareholders bail in it even though after, even when all shareholder value lost everytime.