Cal-Bay International Inc (CBYI)

[heang]

I will put up Buy-in order this morning as well from time to time to accummulate this stock.......

I just don't believe the CBAY asset holding reported on 12 June 2007 will just disappear in "thin air" within such a short time from June to October 2007 ( 4 months time-frame )- too ridiculous !!!!!!

(IMHO)

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Cal-Bay International, Inc. (Pink Sheets: CBAY.PK) announces the company's current property portfolio holdings as of June 12, 2007

The valuations are based on management's assessment of current
comparable properties and appraisals where applicable:

Portfolio Asset Value: $47.7M

Aspen Cove Resort, UT
40+ Acres prime residential development property and operational
lakefront lodge.
Management valuation based on comparative lot sales:

Las Vegas Residential Rental Portfolio:
Based on Market appraisals at time of purchase:

Texas Recreational Sports Facility, Dallas, TX:
Appraisal.

Stonewal Estates First Trust Deed, FL
Legal recovery currently

North County, California, 3+ Acres
Approximate equity position to Cal-Bay: $18.5M
The company has financial interests in properties in Imperial Beach, Bonita, California and Florida which are currently in legal status. These properties and the financial investment are not included in the above valuation.