Replies to post #31630 on Cal-Bay International Inc (CBYI)

[jimmym4]

Rizvi is just a name (or person) being used and what we are witnessing is just another roger trick, feeding us a little bait, getting the stock pumped, to get new people to buy stock while his friends buy and sell stock for him.

0.0001 1000000 OTO 12:24:55..Then that makes
roger even stupider than rizva?..No??

[saigai]

are you trying for ones

[canterburybells]

Keymaster, I go with #3

[mastaflash]

"getting the stock pumped, to get new people to buy stock." - If this is the case, it has failed miserably IMO.

[mordicai]

4th. The new ceo is a front man or straw party for an investment group/tag team who bought thinking there were assets without doing their due diligence or relying on people's opinions that were not qualified to analyze the facts. snicker.

[Shinoki]

1. We are all here to make money, not lose it. However we all make mistakes.

2. This is my back up scenario. Something similar to mordicai's #4. BUT! there still is upside potential here.

3. pawson is already in trouble. He's hiding to some degree. To go this far would be suicide imo. Trying to figure where he's going atm. However you may be right in a way. If pawson wants to do any more business he'll need a name change lol.

The buying of 1.9bil shares by Rizvi shows serious intent on acquiring Cal-bay, regardless if we think it's a POS, and not worth the money he put into it. Those shares where bought on the open market, and is backed up by the daily volume. Why did he buy so much? The answer is... he is fixing this POS.

Your wondering why he hasn't updated us to create share value right? Lets face the facts, this POS has no value. Now it may have assets, but what good are they with all the legal, and liability problems attached to it. Lets say that it's all fixed and you know what the value of those assets are. You still have no bloody idea what the true share structure is. So wile we on the outside are dieing for a PR of any kind, he's slopping around in this POS trying to clean it up. In his mind he has better things to do than worry about us investors, and share value as the fact remains that both are fickle and at rock bottom. Fix the POS, make it something, then PR.

This is how I see the future played out. First he's got to get the share structure in order. We saw this with the new T/A and now are about to find out what that structure is. TBH I thought it would have happened before, or on the 15th. Second think you need to do is fix the assets, and up list to the OTCB. Whatever needs to be done to the portfolio will be done before the big company direction PR. That will take time. You also want to be transparent to provide investor confidence in the company, and so and up listing to the OTCB. Again it will take time. Now I wouldn't be surprised to see small PR's about fixing the share structure, and any resolutions to the portfolio. I don't expect any real PR until he's got this POS under control.

Again there is no point imo to do a PR. What could he say truthfully? "Well guys we all own a big POS, but I'm trying to fix it". How would that work out for investors confidence? How about a PR after fixing things? "Cal-bay international has successfully established control over all of it's assets via Hasan Rizvi's diligent efforts to establish share value, and confidence for the companies investors". Sounds better to me, does it to you?

[coin_in_fountain]

Before I was thinking that Rizvi must be another one of Pawson's puppets, given that he already seems to have played that game before with Mercer. Now I'm not so sure. I think there is a good possibility that Roger "sold him" the top spot at this company, making Rizvi believe it was worth something. It's quite possible that Roger is now long gone, back to his garbage truck and hamburger flipping businesses.

"Just give me $330K for the new CBAY shares I'll create, and you can get rid of the common shareholders for just five bucks, and keep the shell.", Roger might have told him. "If all else fails you can just keep your mouth shut, leave the company inside a thick cloud of pink smoke, and continue to sell shares to anybody that will buy them."

Maybe after forking over his money to Roger, Rizvi learned the hard way that he couldn't just cancel all the common shareholders "out of existence" for five bucks. He may have also learned that dealing with so many creditors is no fun, and just decided to take a hands-off approach, and let the courts settle it. That would also explain why Rizvi has made no PR or other announcements. He realizes there is nothing left to defend, that Roger also took his money. He probably spends his days signing for registered legal letters, and depositing them in his circular file.

The only other reasonable possibility is what you already said, that Rizvi is just another puppet for Pawson, and Pawson is still milking this dead cow. You can speculate as to who is currently collecting money for shares currently being sold. Obviously there are penny traders involved, but could it be that Roger is still in the background, selling as much as he can to get for some spare change? Because this is a pink company, with no reporting requirements, we'll probably never know. As long as the truth is obscured behind pink smoke, there will always be penny traders speculating on a "turn-around". That's just human nature, especially for guys who enjoy watching James Bond flicks, where our hero always manages to find a way out of impossible situations. (I'll never forget the one where he ran across the row of alligators, to avoid being eaten alive.)

http://www.metacafe.com/watch/498932/some_dude_running_across_some_crocs/

Wanna hear another wild theory? Suppose Mordicai works for Roger, and his job is to use a bunch of legal mumbo-jumbo talk to convince investors that this company is really worthless. Then Roger comes in and scoops up the remaining assets, dirt cheap, and gets rich. That could explain why Mordicai stated a long time ago that he doesn't own this stock, yet he continues to give us his opinions frequently.

What do I think the chances are that Mordicai is involved in a scam like that? Not more than one in a million, if that. (But go ahead and trade on it, if it makes you feel better. ) Mordicai's probably not too different than I. CBAY's rise and fall is a fascinating story, one for the textbooks. It's simply too interesting to ignore. Like a good mystery novel.

Opps, almost forgot, for a while there was NO BID on this stock, so that blows any theory that Mordicai works for Pawson.)

(Sorry Mordicai, I didn't mean to poke fun at you. I really enjoy reading your stuff, and I think you're an honest guy. You've certainly dug up enough circumstantial evidence to convince me that this company is completely worthless. I bailed out somewhere in the 9 cents/share area, so unlike some of the other guys on this board, I do appreciate your legal and logical wisdom.)

No matter what wild theory you come up with, there seems to be a common theme to all of them - Roger is an unethical person who could care less about shareholders. He feeds on people's inherent sense of greed, and he does it well.

One thing for sure, Roger sure is one slick cat. Creating new shares as collateral for the acquisition of new property is a cute idea - if you can pull it off. Similar in concept to a stock swap game, but playing with an almost empty hand. To me it looks like Roger's big mistake was buying that fake stonewall note, which upset his razor-thin financial foundation, leading to a serious of unrecoverable events. (I think Mordicai said it best, when he suggested that Pawson may have hit every branch on the tree as he fell down from the top.)