Cal-Bay International Inc (CBYI)

[Alyssa]

Yes they can R/S without notifying the shareholders. It's not nice, but they can do it, and it looks like that's exactly what they did. It should show up in everyone's accounts sooner or later.

Also, "The SEC does not have jurisdiction over reverse stock splits. They are governed primarily by state corporate law and by a company’s articles of incorporation and by-laws."

I am sure Roger had it all covered in the CBAY By-laws.