Cal-Bay International Inc (CBYI)

[Alyssa]

Yes, and THAT is the shot in the dark. With 47 (or 53) properties in Las Vegas alone, there's significant market value there. Panguitch Lake in Utah is in a wondrous part of our country. It would take smart leadership, but not a rocket scientist, to figure out a plan to sell this, juggle that, pay off this, keep that, develop this, get all the notices of lis pendens released and get CBAY on an even keel. It will take someone who CARES and is willing to work. No, I am NOT holding my breath...just optimistically speculating because I am stuck.

Oh, in my head-spinning research, I learned that the Aspen Cove Resort and the surrounding real estate was originally purchased by Gateway Distributors (now Marshall Holdings-MHII) in 2003, which was one of Roger’s companies—they sell vitamins and skin care products, and in 2005, Gateway sold it to CBAY for $2.6 million. Gateway has been in trouble with various State attorneys general for lying to consumers, and has had a myriad of other legal troubles as well. As of December, 2006, Pawson was still involved in that company, purchasing 2 BILLION shares that year, and it goes on and on and on…

Here’s a link showing Pawson’s interest in Marshal Holdings (formerly Gateway) as of December, 2006…

http://www.secinfo.com/d12Pk6.u7jt.htm

This is just a link to what I was reading about Panguitch Lake and the area…a paradise for nature lovers and fishermen…

http://www.brycecanyoncountry.com/panguitchlake.html