The Cambertire LOI was press released ten months ago. Evidently investors didn't believe it because CBYI's PPS remained at .0001 / .0002 for the next 8 1/2 months.
The recent PPS run-up to mid .004's had no merit for doing so.
If Cambertire was serious about merging with Cal-Bay they would have done so already.
If Pawson is so bad what does he bring to the table - I mean how many other potential shell partners are out there - Is Pawson and John Scott long time friends - People do business with those they like and trust -