Replies to post #30184 on Cal-Bay International Inc (CBYI)

[momneedsawinner]

So what does that mean, do you think?

[USF11]

I would guess the OS is around 3.8 billion. Giving Rizvi 51% with his 1.9.

Whats interesting is how did he gain control of the company if the OS wasnt 41 million? His inital buy of 37 million wasnt even close to 51%.

[stocksablaze]

LOL.. if I have 10.1mil and another person I know has 50mil, well you do the math, and we're only 2 people with more then 41mil hehe

[keymaster]

My best guess is a minimum of 385M and possibly up to as many as 4 billion. But I am leaning more toward the billions figure. I think roger increased the a/s as he was tanking the company, and had friends buy them in hopes of pumping the stock artificially with PRs, filings, etc. so he could have them sell and he could drain still more dollars out of CBAY. I think he tried everything he could think of to drain dollars from CBAY until there were no more believers to scam. Finally there were no more believers and no bid. It would take some pretty shrewd shenanigans to get new people to buy this stock after that. However, if anyone person could accomplish that it would be roger. All above JMO; I have no proof that I can offer.

[Wit Knows]

This makes complete sense,...just look at how the pps is not budging. There are tons of shares in this, not the 41 mill.
that some are repeatedly touting.
Thanks for posting an honest post.


"when I talked to the TA he said that he could not give me the OS # but did say that the 41 mil was (and I quote) "grossly understated"