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Cal-Bay International Releases Financials Through March 2010


Published on 2010-05-13 06:10:10 - Market Wire
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LAS VEGAS, NV--(Marketwire - May 13, 2010) - Cal-Bay International, Inc. (PINKSHEETS: [ CBYI ]) announces today that financial statements have been posted online at the official Pink OTC Markets website ([ www.pinksheets.com ]). These financials include the quarterly report for the first quarter of 2010. The financials have also been posted on the company website at [ www.calbayinternational.com ].

"We have been working hard to establish a pattern of consistent, straightforward, and informative reporting and communication between our company and its shareholders," said Shaun Bailey, Cal-Bay President. "As our balance sheet evolves and our bottom line increases in the next year according to forecasts, these financial reports will become an even more important and key measure of success."

Cal-Bay has been actively pursuing real estate opportunities in the Southwest in the wake of the housing market collapse. Cal-Bay looks to purchase undervalued properties at a discount and to hold or sell these properties for a significant return. For more information about Cal-Bay International and the company's business strategy, please visit the website.

FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. The Company assumes no obligation to update any of the forward-looking statements in this release.

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