Cal-Bay International Inc (CBYI)

[Alyssa]

Do you know whether or not Roger is out completely? Is he still in CBAY as a director along with this new guy? Perhaps he still owns preferred shares? Also, do you know by what authority Roger got the boot? Did he just sell all of his interests to this new guy, and as part of the deal relinquish his positions as director/CEO/President?

The cash dividend was one of Roger's tricks to make CBAY look like a REIT and boost the share price. In fact, an early profile that has since disappeared described CBAY as a REIT, but that dividend WAS paid, and that penny now represents a 10,000% dividend yield (lol).