Cal-Bay International Inc (CBYI)

[mordicai]

Why would anyone want to pay someone else's debts? Why would the new ceo want to make any of you money? If cbay has any assets left, there simply is not any equity in them given the unpaid civil judgments that exist or will exist. If the new ceo pays $2,000,000 in cbays debt he is out $2,000,000. No way to get it back. In order to protect any capital injections, he has to first bankrupt cbay, have all the liens discharged, get rid of the common so he doesn't have to share with you guys, and then start using the cbay as a market share trading vehicle with a new common series of which he owns 100% because of his injection of capital. Only then does he have two million still to work with to build something else. And why would anyone want to even attempt to rebuild the cbay name. There is so much BADWILL associated with the company, it would be impossible to overcome.