Thank you for your explanation, Nsomniyak. It is my hope to get more I-Hubbers aware of delinquent SEC Filers that are at risk of an SEC Suspension when over 1127 stocks have been suspended and revoked in the last 4 3/4 years.

It won't be an easy task when so many just don't want to be warned.

I knew I could approach you and learn from you!!

Major THANKS.

Good question, Renee.
>>If there had been time to warn investors what type of warning would have been effective with you for you to have avoided getting caught in the predictable SEC Suspension and inevitable revocation? <<

In all honesty, probably none. The mistake was years ago, buying the damn thing. By 9/3/14, I was already down over 95% and had long since relegated the stock to the "hope for a miracle" bin. Mentally I had written it down to zero. The only energy I had around CWBYF was reading a post here every 3 months or so. I certainly was not tracking it actively, let alone buying more.

Additionally, there was no liquidity in volume - the number of shares I held was WAY higher than the average daily volume. There was really no way I could exit the position. Lesson learned there (again).

All in all the answer to your question is that there is probably nothing at all you could have said to me to make me try to exit on September 3. Maybe on December 28 to capture a tax loss, but the difference between selling for a 98% loss on 9/3 vs. doing a write off of a worthless security for a 100% loss later this year is a very small delta in my tax return next April.

Nsomniyak: I've started a long process to effectively warn I-Hubbers about medium to high to extreme risk of an SEC Suspension for delinquent SEC Filers.

I posted CWBYF on a newly created Delinquent SEC Filers board on September 3rd but CWBYF was suspended the very next day....not enough time to warn anyone.

http://investorshub.advfn.com/Delinquent-SEC-Filers-28864/

The company had not posted any Financials since 2010. If there had been time to warn investors what type of warning would have been effective with you for you to have avoided getting caught in the predictable SEC Suspension and inevitable revocation?

Excerpt from the SEC Admin Proceeding:

CWBYF is delinquent in its periodic filings with the Commission, having not filed any periodic reports since it filed a Form 20-F for the period ended December 31, 2010

http://www.sec.gov/litigation/admin/2014/34-72979.pdf

Darn.

CWBYF revoked:

http://www.sec.gov/litigation/admin/2014/34-73227.pdf

CWBYF SEC Suspension:

http://www.sec.gov/litigation/suspensions/2014/34-72978.pdf

Order:

http://www.sec.gov/litigation/suspensions/2014/34-72978-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2014/34-72979.pdf

BETTER NO FUTURE THAN A HORRIFICALLY BAD ONE oops caps

I think @ 2 cents/share. Sold out last year and took a massive loss. CEO really f'd up here with the (now bankrupt) Colorep merger that never happened. He stopped responding to my questions, so I took the hint that this stock had no future.

When did you first buy your shares?

cwbyf up another 324% on 300 share volume

CWBYF ACTUALLY TRADES UP 142% ON 60K SHARES

The business environment is improving, as is the market.

2013 prediction:

Colorep/Airdye will finally go public and they will do so by a reverse merger with CWBYF. Fingers crossed.

BOD Mike Liik (CWBYF CEO) http://www.airdyesolutions.com/about_us/our_team/ Why else would he be on the board at this point?

Me and my 1.4 million shares are still here, waiting for a miracle. Not much news flow coming out of Airdye, but they are still in operation and seem to have a great technology/dying process. I'm still hoping for a reverse-merger with them, or another company. Seeing a little volume today on CWBYF (which is unusual) but no filing or news that I can see. I guess I'll just keep waiting. Back to hibernation....

actually i think that they're waiting for Airdye to go public so that they can monetize their investment, clearing the way for a merger of a different sort. it's all taking so long though, so i almost pay no attention.

Annual report is out today (looks like it is an annual for 2010)...first filing in over a year. I haven't had a chance to read through it yet, but i'm glad CWBYF still has a pulse. Maybe they are finally setting up for a reverse merger with Airdye/Colorep??

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8283189

anyone contact the company to see if it still has a pulse?

Carthew Bay Technologies Inc.
Brookfield Place, 181 Bay Street, Suite 2500
Toronto, Ontario, Canada M5J 2T7

Michael Liik
President & CEO
Tel: 416 307-4015

any sign of life would be welcomed

Looks like the symbol is now CWBYE

No news or filings in 2011 so far.

I guess we are just waiting for Airdye/Colorep to make a move of some sort.

I think so but I have no idea what or when

Will CWBYF come out of the Colorep dance with anything at all to show for it?

linus, good info - thanks. The RTO that Liik is referring to is not with Colorep, but they alluded to "doing the process again" with other potential opportunities.

Sounds like we're still in a holding pattern for the forseeable future. That's too bad, because being up in Canada, I have wild dreams of them merging with a Canadian Rare Earth company hahahaha

I would be all for them monetizing the Colorep asset somehow and moving on. Unfortunately, that seems to be like pushing on a string in terms of effectiveness.

Besides saying they were out of cash at the present time, Liik said "As soon as we get the balance of what is owed to us, we will start to consider other options. As stated in our special meeting materials, our preference is to monetize our Colorep investment and make further investments which may or not include an RTO."

Sounds to me like there is still a possibility of a RTO with Colorep, and that, at present, all eggs are in the Colorep basket.

I agree with you; doesn't seem like holding an asset would prevent a further transaction, unless it complicates things from a RTO perspective. <sigh> I guess I just sock it away for another year.

Did Liik say whether Colorep performed any action heading into 12/31?

Steeledge, I asked Michael Liik if they were seeking another merger candidate now that that the AirDye/Colorep RTO deadline has come and gone. He said:

"As you are probably aware, our money is tied up in Colorep for the foreseeable future. As soon as we are able to get some liquidity, we will properly evaluate our options."

So I guess CWBYF shareholders won't see anything happen until Colorep goes public, gets bought out, etc. I don't know why they need "liquidity" if they just merger the existing shell with an operating business? Seems like any business that is looking to go public via CWBYF should be the one providing the liquidity to the transaction, and thus, I dont know why Liik is at a standstill until Colorep does something. What am I missing?

I sold a little at .0092 yesterday for some EOY cash. Would be nice to get some kind of catalyst out of 12/31.

interesting to see mkt maker CSTI bidding all the way up to .0095 today; this is an intriguing development ahead of the 12/31 deadline. I'm hopeful of a cathartic event, but certainly not expecting one. I really don't want to sell any shares <.10, but maybe that's a pipedream

linus - that's not exactly my understanding of the deal. I believe that Colorep has until 12/31 to decide whether to do the RTO (which means go public via CWBYF). If they don't, then Carthew retains its ownership of Colorep equity while also retaining the shell. I am viewing 12/31 as a win-win situation. It's been a long haul, but i'm actually hoping (and expecting) that Colorep will NOT go public via CWBYF, and that will allow Carthew to seek another merger partner (maybe oil/gas/??) in Canada.

On a side note, some interesting action today at .0092, with CSTI market maker bidding .0092, getting whacked, and then the resulting UBSS offer at .0092 getting taken as well.

CWYBF / Colorep (Airdye) reverse take over has until 12/31 to get done according to the recent 6-K. Time is ticking and seems less likely by the day. If this doesn't happen, hopefully CWBYF can capitalize on their Colorep investment some other way. I've been a shareholder for a few years now, waiting for some fireworks....

I see it as good news, especially the limit on share escrow release unless the share price reaches .11

Making a lot of progress in finally getting where we need to go, and in a way i'm excited that they are going to remain a viable trading entity that can try an RTO all over again. Part of me had hoped for a near-term exit strategy, but i've been in for a couple years already and am in no rush to exit.

Nobody knows about this stock, so even when there's good news, it tends to go unnoticed. There's a lot of potential here, but certainly no guarantees that we'll ever see it come to fruition.

Steely - what do you make of this transaction?

TORONTO, May 6, 2010 (GLOBE NEWSWIRE) -- Carthew Bay Technologies Inc. (OTCBB:CWBYF - News) (the "Company") is pleased to announce that today shareholders overwhelmingly approved the conversion of the Company's debt investment in Colorep Inc. into various equity securities of Colorep and cash payments.

Mr. Michael Liik, the Chairman, President and Chief Executive Officer of the Company, stated that "the approval of the Colorep transaction is a significant step forward for Carthew Bay". As a result of this transaction, Carthew Bay will have cash on hand, a near-term liquid asset in Colorep securities, and significant tax losses. This will provide Carthew Bay with a unique opportunity to develop and build a new strategy and company. The management of Carthew Bay currently anticipates that Carthew Bay will continue as on ongoing public investment company, possibly seeking a Canadian listing.

The Company is also pleased to announce that it has formed an Advisory Board. The members of the Advisory Board are Messers. Jiri Nor, Atul Sabharwal and Michael Stein.

Mr. Nor is the founder and former President and Chief Executive Office of the Company and is a professional mechanical and aeronautical Engineer. He is an inventor/developer of alkaline fuel cell technology, as well as an entrepreneur who has started and successfully grown two previous companies. He founded Sonotek, an electronics company involved in ground and satellite instrumentation, and Norvik, an inventor of fast battery-charging technology.

Mr. Atul Sabharwal serves as ACME Group Inc.'s Chief Operating Officer. His history with ACME has been at both the strategic and operational level. He currently serves on the boards of ACME's various operating companies and focuses exclusively on finding technologies that are of relevance to underdeveloped regions of the world that ACME can socially profit from. Mr. Sabharwal has previously worked at AOL, IBM, PricewaterhouseCoopers, and The Boston Consulting Group. He received an MBA from the Australian Graduate School of Management and was the only graduate selected to attend the Wharton School of Business to complete his MBA.

Mr. Stein is the President of Michael Stein and Associates Inc., a financial advisory firm that specializes in corporate financings, acquisitions, divestitures and re-organizations. Formerly a senior officer and director of several public and private corporations, a director of U.S. money markets for a federally chartered trust company, and a senior institutional money manager for a California based savings and loan company.

As a result of matters related to the appointments to the Advisory Board, the Company's management information circular and proxy ("Meeting Materials") prepared in connection with the annual meeting of shareholders currently scheduled to be held on June 1, 2010 (the "AGM") will have to be revised. Unfortunately, the Meeting Materials had already been finalized and sent to the Company's transfer agent for distribution to its shareholders. As a result of these necessary revisions to the Meeting Materials, the AGM will have to be postponed. It is now expected that the AGM will be held on or about Wednesday, July 28, 2010. The Company will make a definitive announcement in respect of the new meeting date within the next few days.

The Company also announces that its Chief Executive Officer and Chief Financial Officer have today agreed to amend their success fee arrangement in connection with the approval of the transaction with Colorep. As a result, 1/3 of the 21,776,632 common shares in the capital of the Company which were to be released from escrow today to the Chief Executive Officer and Chief Financial Officer of the Company (as more fully described in the management information circular prepared in connection with the special meeting of shareholders of the Company held today) will continue to be held in escrow until such time when, over a period a 5 consecutive business days, the simple average of the closing prices of the Company's shares on the principal stock exchange or stock quotation system on which such stock trades is equal to or greater than U.S. $0.11c. However, if the shares remaining in escrow are not released on or before May 6, 2015 they shall be surrendered to the Company and cancelled.

Here is a link to Colorep's filings and some info:

http://www.sec.gov/cgi-bin/browse-edgar?company=COLOREP&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany

On March 2007, Colorep had approx 60 million OS shares.
On February 2009 they had approx 120 million OS. (This is
after the $24 million financing which happened in 2008).
I don't know how many warrants were involved in this financing.
(There is a mention in the filings of an agreement from
January 2008 to purchase 29.3 million shares and 22 million
warrants, so this might be it)

Since then, Colorep raised another $8.5 million in preferred
shares and completed another $12.5 million financing in January.

Colorep has 3 kinds of preferred shares (A, B and C. C is
"the CWBYF shares"). The CWBYF shares can be converted into
commons at a rate of 1 to 10. I don't know the terms of A & B.
There are approx 70 million warrants that come with the preferred shares (A,B,C).

So after skimming through the CWBYF & Colorep filings
(and there is a lot to read. Too much...),
I know that Colorep has at least
120 million OS shares and 92 million warrants (if non were
exercised and included in the 120 million OS).
There is also a mention in the filings about trading on
the Nasdaq and doing a $50 million public offering.


Looking at the recent CWBYF filings, it seems like
the RS merger option is still on the table. Here are a few
items from the filing:

Option to Complete Merger:

>>CBT and Merger Sub hereby grant Colorep an option to elect in its sole discretion to proceed with the Merger on the terms and conditions set forth herein (the “Merger Option”) upon provision of written notice from Colorep to CBT and Merger Sub (“Option Notice”) on or before December 31, 2010 (the “Option Termination Date”).<<

Reverse split:

>>Immediately prior to the Closing, CBT shall effect a reverse split of all of the CBT Common Stock then issued and outstanding and accordingly adjust all options, warrants or other rights to purchase or convert into shares of CBT Common Stock outstanding such that immediately prior to the Closing upon the effectiveness of the reverse split, no more than 11,000,000 shares of CBT Common Stock in aggregate shall be issued and outstanding or issuable pursuant to outstanding or committed options, warrants or other rights to purchase or convert into shares of CBT Common Stock;<<

Possible dividend:

>>Colorep shall pay CBT US$500,000 immediately prior to the Closing, which CBT may in its sole discretion use to satisfy any outstanding obligations and/or arrange to dividend, in whole or in part, to its shareholders immediately prior to the Effective Time of the Merger concurrent with the Closing.<<

Investor Relations:

>>Prior to Closing, CBT shall launch, with the consultation and agreement of Colorep, an investor relations initiative commencing on a date to be mutually agreed to, but not later than the date of effectiveness of the Registration Statement, for which Colorep shall fund 50% of the cost, up to a maximum of $2,500 per month.<<

Revised debenture agreement, per the PR on 4/7. Man, this thing is getting complicated! I think I'm excited, though I'll have to take my pulse in a few days to know for sure.

http://sec.gov/Archives/edgar/data/1022518/000114420410019151/v180486_ex99-2.htm

Rats - looks like meeting got postponed to 6/1.

http://sec.gov/Archives/edgar/data/1022518/000114420410019071/v180458_ex99-1.htm

wish there were some .01s available.. on watch

Date has been set for annual meeting: 5/6/10

http://sec.gov/Archives/edgar/data/1022518/000114420410018973/v180407_ex99-1.htm

Having not seen a Dec.02 filing, not sure where this RTO stands.

Additional filings posted today, including updated merger agreement:

http://sec.gov/Archives/edgar/data/1022518/000114420410018167/v179951_ex99-2.htm

Lots of the legacy agreements have been posted; didn't notice anythign of interest with just doing a quick scan...

http://sec.gov/Archives/edgar/data/1022518/000114420410015890/0001144204-10-015890-index.htm

Carthew Bay Technologies Announces Next Annual and General Shareholder's Meeting


TORONTO, March 15, 2010 (GLOBE NEWSWIRE) -- Carthew Bay Technologies Inc. (OTCBB:CWBYF - News) (the "Company" or "CBT"), formerly Astris Energi Inc., announced today that it will hold its next Annual Shareholder's Meeting ("ASM"), at which will be presented the financial statements covering the periods up to December 31, 2009, by latest June 15, 2010. The financial statements for the 2007 and 2008 financial periods have been public for some time.

"Given the limited resources of the Company, the numerous changes made to the proposed Colorep transaction over the past 2 years, and the lack of other material activity in CBT during this period, the Company has delayed the holding of an ASM," said Michael Liik, CEO of CBT. Mr. Liik went on to say that "Even though negotiations with Colorep regarding our convertible debenture investment continue to advance, we did not want to delay further the holding of an annual shareholders meeting."

About Colorep and Transprint USA

About Colorep, Inc.

Colorep, Inc. (www.colorep.com) is a leader in subsurface printing and fabric dyeing technologies, providing products and services to the promotion, apparel, commercial furnishings and home decor markets. Colorep provides these services to companies through its wholly-owned subsidiary, BetaColor LLC, its printing applications division and through the licensing of its technology to manufacturers in these addressable markets. Colorep's technology encompass a range of advances in the coloration and decoration of fabrics, vinyl, plastics, and coated metals. Its AirDye(TM) technology introduces coloration of fabric without negative environmental impacts.

About Transprint USA, Inc.

Transprint USA, Inc., a wholly-owned subsidiary of Colorep ("Transprint") (www.transprintusa.com), is a leading supplier of transfer-printing paper for decorating polyester, polyester rich substrates and certain other synthetic materials. With a design library of over 12,000 designs, Transprint is a leader in design choice and innovation. Transprint's products include Transwide(TM), a patented, exclusive product providing transfer-printing paper up to 126" (320cms) and Transeeze(TM), a release paper product for the printing of vinyl and other plastics. Transprint supplies its worldwide customer base through a direct sales force and agents located in a number of foreign countries.

very positive. needs some volume. one to keep a close eye on. wouldn't want to miss this mover when she goes.

Anybody know anything about this company?

Amazing 100% BUY !
www.stockmaven.com