Cal-Bay International Inc (CBYI)

[mordicai]

A reverse split usually causes investors to sell out of fear that it was done to free up the authorized shares so that there can be more dilution, thereby causing yet further downward pressure on the price. Pawson though could more easily just increase the authorized shares without a vote of any other shareholder besides himself so I have my doubts about a reverse split. Pawson has been sued under his guarantee of the charlotte fla loan to the tune of 2.5 -3.1 million. I think he will dilute to get that loan paid off. JMHO>