Cal-Bay International Inc (CBYI)

[stervc]

Anselm von Gueringen, with your comments...

I will never intentionally mislead anyone and I hope you know this. Since none of us really know "what is" we really can't say "what is not" with that particular situation and with CBAY.

From going back looking over your assessment, we will just have to "agree to disagree" with your thoughts. I will go back and re-read some things, but I think you should too. Such is a debate I think we need not get into. Time and price ultimately will be the two variables to prove who is right or wrong through actions speaking louder than either of our words.

I apologize to you and everyone now if it proves that I have "unintentionally" misled anyone. I wish you well.

v/r
Sterling