Replies to post #31643 on Cal-Bay International Inc (CBYI)

[nennwert]

I believe in none of the 3 cases.

The reincarnation of Cbay might happen, when court cases are done. Then the new director can speak. For me it is a logical excercise to be quiet as a Ceo. The tools in his hands are not strong enough yet.

nennwert

[Reebok]

Keymaster......If scenerio # 3 is correct, then this translates into someone(?) forking down 330K to purchase 1.9 billion shares. Then they had to ;

sell 3.30 billion at .0001 or
sell 1.65 billion at .0002 or
sell 1.10 billion at .0003 or
sell 825 million at .0004.......just to break even !

If this was my intent I sure would put out a few PR's to atleast pump the stock.

If my calculations are right since September 18 thru yesterday 7.2 billion shares have been traded. Once the buying stopped I really don't see days where a large amount of dilution is supported by the volume. Especially with nearly 300 new boardmarks, I am sure alot of this volume since the buying stopped, can be attributed to newcommers like myself.

In addition, I have read posts from Servc (buy the way congats !) that state they have to hold for six months. If they elect to sell they can only attain their total purchase price.

I guess a question I have is "Does anyone know the process for "verifying the data" on a form 4"?

[brezzlin]

keymaster...

there is always the #4 that you failed to post....


he is a person who saw an opportunity to take advantage of a company in trouble... assets yes, although with baggage, share structure screwed up...but not beyond repair but had to control first...a shell worth something? of course.. the possibility to use this company to get his plan to market faster? ... maybe...

bottom line is we don't know....but it IS possible that there is still an underlying solid plan to pull this off and send this company back to the market again....and the stock with it. He must by now know what the potential of these shares is with just a little work to fix some problems... he obviously has / or access to money to fix up to now... I guess we will see... can't do it overnight...it has been a short time so far...

but it is time to at least show a card .... the table is restless...this will prove his worth if he has ANY interest in the shareholders and this idea...if he comes forward soon with anything...

all jmo... b