Replies to post #2540 on Cal-Bay International Inc (CBYI)

[rjbluesky]

skytrades, so what? They are buying properties with cash and have over $100 mil in assets. The stock is undervalued wouldn't you say?

[CSykes]

Dude do you even understand how public companies work ? 41M in stock holder equity is VERY NICE. 100M in booked Assets is VERY nice. Most penny stocks have NEGATIVE book and NEGATIVE equity with MORE shares and trade at a HIGHER PPS ! Man, fully dilluted book of .23... jeez, if they converted all the B shares the stock is still a 5 bagger.