Replies to post #57162 on Cal-Bay International Inc (CBYI)

[balamidas]

loooll you need to read this >>exactly the opposite >>

In 2010, lowered the a/s from 12 billion to just 945 million- when they went through reorganization


CBYI website: http://www.calbayinternational.com/


IMO, lots of things have been going on behind the scenes here.

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=XIWNibf5m3BEIvLN4rXWiQ%253d%253d&CorpName=CAL-BAY+INTERNATIONAL%2c+INC.

Cal-Bay International, Inc. has been involved in real estate and other business ventures for over a decade. In 2009, a new management team took Cal-Bay International through the process of reorganization. The headquarters of the company were moved and the debt and equity positions of the company were evaluated. Steps were subsequently taken to prepare the company for new ventures and opportunities.

In April 2009, a business plan was developed to capitalize on the real estate situation in the Southwestern Unites States where thousands of homes were in foreclosure and tens-of-thousands of homeowners were upside-down in their mortgages. As the basis for the economic crisis that began in 2007, this financial dilemma appeared to also be an opportunity. Cal-Bay is currently in the process of acquiring capital to build upon the property holdings currently owned by the company and to invest in business ventures that align with the goals of the management.



Shares Outstanding 584,246,272 a/o Mar 31, 2010
Authorized Shares 945,000,000 a/o Mar 31, 2010

[silencedogood2011]

No R/S and no A/S increase