Cal-Bay International Inc (CBYI)

[stervc]

Terrorballs, with that CBAY OS comment...

When asked if the OS of 41M was the correct OS, "Lets dodis" was told by the old Transfer Agent (TA) that... "those #s were grossly shy of the real OS."

If you can recall from reading his post below, he asked if the OS was in the billions too and got no answer. That could lead one to believe that the OS is somewhere in the millions as I think he would have told him yes if the OS was in the billions.

Seeing that 41M is grossly understated is in the eye of the beholder. Having the OS to go from "filed" 41M to the "PR-ed" amount of 216M for example is a big difference to the TA, but is not much of an understatement for us regular shareholders. I think we would have the same effects if the CBAY OS turns out to be 216M instead.

Here is the link to that post stating what we were referring to:
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23129502&txt2find=grossly

v/r
Sterling