Cal-Bay International Inc (CBYI)

[rjbluesky]

My average down price is about $.06. I've got enough stock for me, however, am considering buying a bit more here. The basic market cap appears to be right on around $40 mil or so today. This looks like close to a final bottom. Unless the CEO does nothing from a stock structure change standpoint IMO.

This stock could rocket to $.50 or more quickly with the right combination of changes and some of that news we've been reading about becoming finalized i.e., Couret, Stonewall, Mesquite, and others. Also, the 10K is coming which should show a pretty strong company IMO. The overhead cost problem with Cobs is now out of the picture so hopefully, the current Q is in profit territory especially if we get that Stonewall note and those properties previously closed are running in some revenues.

I personally think it looks good here for entry if you believe the CEO will make some STRONG necessary changes to the share structure.

All IMO.