Cal-Bay International Inc (CBYI)

[mordicai]

Your assumption is wrong. He screwed up. He didn't do things legally. He violated securities laws, 10 b 5 in particular with regard to failing to disclose that there was another assignment of the stonewall note, and booking 6 million in income and 14 million in a fictitious receivable. Whatever Pawson made in dollars he made. All he is interested in doing know is scorching and burning his footsteps in the hopes he doesn't end up as big bubbas girlfriend in prison. He is on to his next scam, cbay is of no concern whatsoever to him to make him any additional money. How do you sell assets if there are no corporate papers filed saying who is pres and directors. WHat title company would accept such documents signed by him.What buyer would accept such a deed? Buying shares does not save his ass at all. If he sold any of cbay assets he already took it out as salary to finance his next company. If he lets the banks sell the properties off, his scam to a certain extent remains undiscovered. No one will ever know that he paid too much for the distressed properties purchased then. When you realize it is now about saving his ass and not making money with cbay anymore, you will sell the shares you bought today first thing tomorrow morning.