Cal-Bay International Inc (CBYI)

[coin_in_fountain]

You have a good point. In order for Roger to do a reverse split and dilute more, it would be helpful to have a smoke screen. Of course Roger is a master at creating PRs to pump the stock. All he has to do it tell everybody that he's got a portfolio worth tens of millions of dollars, and millions of dollars of rental income, and development plans that are going to create many millions in new company value. Then he'll finish it off with his famous line: "Of course companies usually trade at several times their book value...." New investors will get sucked in, and then he can keep the whole thing alive longer.

Good old Roger...