What part about The Company today announced Cal-Bay International common stock shareholders will receive fifty restricted dividend shares in the new subsidiary corporation for every million shares of Cal-Bay International, Inc (Other OTC:CBAY.PK - News) held of record as of the close of business on November 21st 2008. The dividend shares are expected to be eligible for trading by mid 2009. do some of the posters here not get?
I don't know if people just aren't comprehending the pr because I see people posting that their 50 shares at .0001 are worthless. Shareholders are not getting shares of the current CBAY. Shareholders are getting shares of the subsidiary company that will have its own trading symbol and a different stock pps. For all we know the stock could open at $.25, $.50 $.75 $1.00 or higher imho So until we know the share structure and value of assets and revenues we won't know the starting price of the new trading subsidiary.
I just wanted to make this clear so everybody understands :)