CBYI BREAKOUT ON NEWS
EmergingGreenCompanies.com Announces Coverage of Cal-Bay International, Inc.
Cal-Bay Intl (USOTC:CBYI)
Intraday Stock Chart
Today : Monday 11 April 2011
Click Here for more Cal-Bay Intl Charts.
EmergingGreenCompanies.com today announced it is covering Cal-Bay International, Inc. (PINKSHEETS: CBYI), and has met with the Company's newly appointed President Kevin Denniston. During our meeting Mr. Dennistion answered several key questions related to the Company. Topics included Share Structure, OTCMarkets, and how they intend to implement a Going Green strategy for the Company.
He indicated that the Company is moving ahead with several projects, involving either:
1) Owning the property for Green Related Business and Technology
2) Direct Ownership of the Technology.
Current projects in place that the Company was able to disclose included:
Landfill waste & Foliage to Power (Electricity) processing; waste processing operations are anticipated to begin as soon as this month at an Arizona transfer station facility. Current projection for processing is 25 Tons of waste daily which is expected to generate 12KW/Hours per day of clean electricity into the Grid.
Architectural plans are being completed for the construction of an "Alternative" fuels processing refinery using waste oils and foliage for the production of Methanol which will then be converted to Bio-Fuels. Production anticipated to begin 4th quarter 2011.
Mr. Denniston also stated he expects to Announce the appointment of an additional qualified "Green" oriented member to the Board of Directors as soon as this week.
Regarding the Company's status on OTCMarkets, we were advised that OTCMarkets (PINKSHEETS) information status is expected to be upgraded this coming week to Yield. An accountant has been retained to update all Company Accounting records from May 2010 to current for Audit and filing to facilitate becoming "Current Information" status on OTCMarkets (PINKSHEETS).
When asked about the Company website we were told the Company's new website is currently in development and anticipated to launch early May 2011. The domain will still remain calbayinternational.com
At Emerging Green we are very excited about all the positive changes that CBYI is making. Mr. Dennistion presented himself very well and knew the answers to some pretty tough questions. While doing our Due Diligence we came across the following link at BarChart.com, where they are listing CBYI as a BUY.
www.barchart.com/quotes/stocks/CBYI
AboutEmergingGreenCompanies.com (www.emerginggreencompanies.com)
EmergingGreenCompanies.com is a website that puts its main focus on showcasing companies that are "Going Green" and that are future leaders in the "Green Movement." Please see the website for additional information and full disclaimer.www.emerginggreencompanies.com
Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as CBYI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
It is possible for people to profit on a declining stock price. Do your DD before acting on a post.
