Cal-Bay International Inc (CBYI)

[Alyssa]

Bigedwood, IMX (AMEX) could be on the BRINK; beaten down stock. Only 11+ million shares outstanding and 8.1 million in the float. CEO owns over 1.1 million of the COMMON shares. Trustworthy, upfront management--no secrets (except for military information they're not allowed to talk much about). Among other things, they've developed new tech for explosives detection; currently working on a next-generation passenger portal for airports under contract with the TSA; also a standoff explosives detector for the Army; products being tested now by the Navy. Worldwide, they've sold over 240 units. Finances are a problem because of the HUGE expense of developing, patenting, and bringing their explosives detection products to market, but they've steadily increased revenues and are now improving gross margins. Watch out when institutional investors start moving in again or if the TSA certifies the benchtop already undergoing testing or if the Navy places an order; and of course, more sales internationally and domestically, among many other things.

Just an idea because you asked--not recommending. Obviously, do your own DD. I have been following this company for over 4 years--no secrets, no fluffy PR's, careful management with a good strategy to grow their explosives detection division. Bashers (shorts) galore over at the Yahoo board.