Cal-Bay International Inc (CBYI)

[mordicai]

If the plaintiffs' attorneys are on their toes, the judgment will be filed in the recorders' office in a matter of day. If this case had settled there would be a "settlement hearing" scheduled. Nothing is on the calendar. Moreover, the lis pendes' are still in full force and effect in the recorders' office. If the case were settled as the tag team would have posters believe, surely cbay would have made sure its title was clear pdq. Remember, cbay has to judgment proof any assets it has because general mortgage as soon as it files its Florida 1.8 million dollar judgment in clark county nevada, it constitutes a lien against all those properties. I get a kick out of people who think this is a monopoly game and properties will be sold off for fair value overnight to pay judgments or than anyone is interested in taking over cbay and seeing that 2.5 million in judgments are paid with their money.