Cal-Bay International Inc (CBYI)

[thesource]

Companies go public to raise money not to pay share holders. If and when this deal is done, the new company is going to change the ticker symbol and scrub the current shares on the market with a huge reverse split. Its probably going to be 1:1000 or something along those lines. They will then begin the process of selling new shares to new investors and the price per share will continue to sink until its where the market has support to maintain a price based on perceived value of the company.