Cal-Bay International Inc (CBYI)

[tkalantzis]

Also on 05/28/2008 when they first announved "reverse split "
It was a reaction to the volume which hit 550 million shares before 2:00 .

Management had a plan to buy up and retire a boat load of shares at these depressed prices 0.0001 . When they saw the volume explode they issued the reverse split news to deter buyers . Im guessing over 4 billion shares were bought by management between 05/28/08 and 08/28/08

exactly 3 months .