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CBYI.PK

Started by dmxbr9, April 06, 2006, 10:21:08 PM

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dmxbr9

NEWS OUT after market!!! the huge volume spike signals that the selling is done and its ready for a bounce IMO..Really nice news!!!! more to come, and way undervalued imo

Cal-Bay Announces Development Plans for Luxury Condominiums on Company's Downtown San Franciso, California, Property
Business Editors / Real Estate Writers

SAN DIEGO--(BUSINESS WIRE)--April 6, 2006-- Cal-Bay International, Inc. (OTCBB:CBAY) announces plans for the development of 12 luxury condominiums on the company's downtown property.

Cal-Bay's Board of Directors today announced the company has initiated the process for the planning and development of 12 luxury condominiums on the company-owned 9th street property in downtown San Francisco, California.

The development is expected to yield over $10.5M upon completion which should add over $4M to the company's bottom line within the next 12 months.

The property is located in one of San Francisco's premium downtown redevelopment areas within blocks of the new ballpark. Cal-Bay purchased the San Francisco property earlier this year for $2.65M. Newly constructed adjacent condominium properties are currently being marketed in the range of $1400 per square foot.

dmxbr9

this one will do well imo...moves really easy

dmxbr9

the last time this stock was at these levels it exploded over $1

dmxbr9

near 52week low....Huge bounce coming....hearing news monday!

dmxbr9

bottom chart and imo ready for bounce!

dmxbr9

More to come!!

Cal-Bay International Property Portfolio to Increase to Over $43M as Company Signs $20M Contract for Purchase of Additional 400+ Homes
Business Editors

CARLSBAD, Calif.--(BUSINESS WIRE)--April 10, 2006-- The Board of Directors of San Diego-based Cal-Bay International, Inc. (OTCBB:CBAY) today announced the Company entered into a purchase contract for a 400+ homes package in Columbus, Ohio.

Cal-Bay International's Chief Operations Officer announced the news after the Board of Directors confirmed the company had entered into a purchase agreement for the acquisition of the homes.

The latest acquisition will increase the company's portfolio to over 450 properties in the USA and increase the company's real estate holdings to over $43M.

The terms of the contract require non-disclosure at this time, but the company expects the acquisition to be completed on or before May 31st, 2006.

The properties are all single family homes of which the majority are currently rented. Upon closing, this would add an additional $3.2M+ per year to the company's revenue stream.

The company is currently in negotiations for several additional properties in the Pacific Coast region.

dmxbr9

finished strong today!  they announce chash dividends .01 per share...WEEEEEEEEE

dmxbr9

#7
Chart bottom here, great buy opportunity imo, Technicals are pointing up, Macd crossed, RSI gaining momo, the next few weeks should be good for this company. Americanbulls also confirmed buy! check it out .18 closed at today with nice volume

dmxbr9

very low O/S and Float...

Check out some more info
http://www.lendance.com/personal-finance/04-03-06.html

also PR should be out next week about the close of their newest acquisition! read the recent PR's this is going to be a great year for this company! I also confirmed it with one of the IR guys that next week is the huge PR!!  call urself

"The final terms of the acquisition will remain confidential at this time due to the terms of the NDA (non-disclosure agreement). The anticipated closing date for the companies is expected to be no later than May 15, 2006."

http://www.calbayinternational.com


dmxbr9

CHART BReAKOUT....no 1 likes this 1 i guess....lol o well .25 high of day.....this is going to be good next few weeks


dmxbr9

looks like a new uptrend, looking really good...we brok .31 resistance yesterday...just waiting to hold it next time...GL all

dmxbr9

about a 100% gain so far from call, the most important thing is that we started a new uptrend...hope shorts dont kill it again!  gl all