Replies to post #9391 on Cal-Bay International Inc (CBYI)

[Alyssa]

TDS, agree, but is there any assurance that Pawson won't increase the number of authorized shares again? If it holds at 500 million, then that's OK with me, but what he did looks slick. It put a huge damper on great news, and investors continue to be wary.

I'm still in BIG, but am not crazy about the fact that Pawson can apparently just increase the number of authorized shares without bringing the matter before the shareholders. Even if insiders have enough votes to pass it, it seems to me that the shareholders should have been made aware of that plan before it became a done deal. Know what I mean?

[rjbluesky]

TDS, good point. Do you have any idea of what a typical mid-size or small cap company asset to o/s ratio should be?