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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cal Bay International Inc New (CE) | USOTC:CBYI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 1 | 00:00:00 |
DENVER, May 7, 2014 /PRNewswire/ -- Cal-Bay International, Inc. (OTC Markets: CBYI), today issued the company's shareholder update report.
Cal-Bay CEO Robert Thompson today stated, "Cal-Bay recently launched the new website, introducing the subsidiary companies and divisions, outlining their roles and synergies and ability to operate as independent profit centers as part of Cal-Bay, the parent holding company."
The Snapgrowth all natural plant enhancement technology was the company's most recent acquisition. The proprietary formula has proven results, optimized growth speed and improved yield in specific types of plants in controlled growing environments. The company is already in production of "Snapgrowth" and the product will be available for retail distribution in May 2014. The company is in the process of filing for Patent protection of "Snapgrowth".
The company's "Legal Hemp" subsidiary is in the final stages of development of the e-commerce storefront, slated for launch during May 2014. The storefront will initially allow the online purchase of the "Cannabis Candy & Hemp Candy Company" THC free candy products, and will host the "Snapgowth" product line for online purchase.
Pharmacy Vending. The company originally commissioned a US design manufacturer for the "Pharmacy Vending" product(s) and is currently in discussions with an overseas manufacturer for the completion of the company's advanced vending equipment design for targeted production in 2014.
The "Expo" division will be announcing next month the upcoming events for the 2014 calendar.
Cal-Bay Leasing. Pending News and updates scheduled for release May 2014.
Mr. Thompson further commented, "We have received significant responses for the company's products, along with potential new opportunities in similar business sectors as a direct result of the new website. Subsequently, the company is now expected to generate third quarter revenues."
Upcoming Events: Webcast interview with CEO Robert Thompson and Company President Walter Nicholas scheduled for May 13th, with Small Cap Voice.
Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as CBYI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
SOURCE Cal-Bay International, Inc.
Copyright 2014 PR Newswire
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