Cal-Bay International Inc (CBYI)

[The Real Titan]

Ah... But I think you did. You've again mis-stated the actual facts, at least with what was posted in the Emails. Your email below and your statement does not even come close to matching up with whats stated in the first email directly below. So I assume you just didn't really understand what you were reading, but no problem, glad to help.

The company is going to announce the new BOD in the next few weeks along with the launch of the new website and some other informative facts about the company. The company is in a corporate (not stock) restructure mode and plans to continue moving forward despite the previous series of events. Roger Pawson is still the largest shareholder in the company and will remain active under the revised restructure as he did in fact bring all the assets to the company in the first place. He will not however be involved as President or CEO after the restructure or directly involved in the day to operations of the company. Hope this helps for now
>
>John Wilson
>Investor Relations





Posted by: Qone0
In reply to: The Real Titan who wrote msg# 33966
Date:11/6/2007 12:02:00 PM
Post #of 34040

The two e-mails do agree with each other. One just has more info than the other does. Combine the two. First in italics second in bold.


RP is still the Pres & CEO he hired me...Roger Pawson is still the largest shareholder in the company and will remain active under the revised restructure as he did in fact bring all the assets to the company in the first place.

He will not however be involved as President or CEO after the restructure or directly involved in the day to operations of the company.

The KEYWORD in the second e-mail is AFTER the restructure pawson will not be CEO anymore. But as he is the largest shareholder he will control the BOD as the e-mail fails to mention that he will not be on the new BOD, and as such the company. The CEO position is just a figure head.