CBI Secures Three Year Nationwide Contract for Construction of Diesel Hybrid Conversion Installation Centers.CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. Secures Three Year Nationwide Development Contract for Construction of Diesel Hybrid Conversion Installation Centers with Established California-Based Hybridization hybridization /hy·brid·iza·tion/ (hi?brid-i-za´shun) 1. crossbreeding; the act or process of producing hybrids. 2. molecular hybridization 3. Company HENDERSON, Nev. -- Cal-Bay International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CBAY) today announced the company has secured a three year exclusive contract for the nationwide construction & development of hybrid commercial diesel engine vehicle conversion & installation centers with a privately owned California vehicle hybridization company. President Melinda Rice commented, "The Principals of Cal-Bay International have been in negotiations for several months for the exclusive construction rights of the nationwide installation centers for the commercial vehicle hybridization conversion centers. Due to the recent controversy with CBI, the principals were not convinced CBI was the best place for the contract, but after much discussion and legal consultation, the principals agreed it was in the best interest of CBI, its investors, shareholders and the BOD BOD: see sewerage. this contract should be awarded to CBI." Note: Due to the terms of the contract, the CA hybridization company agreement with CBI states, "CBI may not divulge the company name at this time, as the company is a privately owned corporation, in the process of filing to become a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. ." The Cal-Bay approved construction of the hybridization centers is specifically for the installation of commercial vehicle diesel engine conversion units, which the company claims documented test data shows fully loaded 18 wheel commercial vehicles returned in excess of 100% increase in MPG The extension used on the MPEG file format. See MPEG. 1. (jargon) MPG - Miles per gallon, as in "Your MPG may vary", i.e. "Your mileage may vary". 2. (filename extension) mpg - A filename extension for a file in MPEG format. with no decrease in performance, using the hybridization device along with the company's fuel additive additive In foods, any of various chemical substances added to produce desirable effects. Additives include such substances as artificial or natural colourings and flavourings; stabilizers, emulsifiers, and thickeners; preservatives and humectants (moisture-retainers); and program. The company further maintains using their conversion units and additive program, there is no violation of the manufacturer's warranty, and effectively adds a bonding solution to the instrumental moving engine components proclaiming longer engine life. Cal-Bay is currently in negotiations with the company for the exclusive development and construction rights for the company's U.S. petroleum engine product installation & conversion centers. For Informational Purposes: The company claims their diesel engine conversion equipment is compatible with heavy duty plant & equipment engines for construction & ancillary industries. The company is in the process of protecting their products and additives worldwide. At this time, CBI has no contracts for the construction of installation centers based upon heavy duty plant & equipment devices. Forward-Looking Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" 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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