Cal-Bay International Adds Another Seasoned Business Professional to Management Team as Chief Operations Officer.DEL MAR Del Mar is the name of several places in the United States of America:
See OTC Bulletin Board (OTCBB). :CBYI) announced that it has signed a contract with seasoned Business Professional Stephan Herold to join the company's management team as Chief Operations Officer. Roger Pawson, President of Cal-Bay International (CBYI) said, "We are extremely pleased Stephan accepted the position with Cal-Bay, he brings diversified business experience and integrity to an already seasoned and experienced Board of Directors." Stephan Herold served in the United States Navy United States Navy Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775. and holds a Bachelors of Science Degree from the University of Minnesota (body, education) University of Minnesota - The home of Gopher. http://umn.edu/. Address: Minneapolis, Minnesota, USA. . His career includes 28 years of executive management which included the successful introduction of several innovative products such as Apple Computers into the retail channel. His experience included a position with Dayton Hudson Corporation, Minneapolis, MN as a Senior Financial Consultant who also Implemented financial control systems for Target Stores. In 1987 Stephan was responsible for the formation of a High-Tech Company whose revenues he grew to $100,000,000 in 1997. Since 1997 he has been in great demand as a project management and troubleshooting consultant. Cal-Bay International, Inc. is a publicly traded real estate acquisition and development company that recently opened new corporate offices in Del Mar, California Del Mar is a city in San Diego County, California, United States. The population was 4,389 at the 2000 census. The San Diego County Fair is hosted on the Del Mar Fairgrounds every summer. . Cal-Bay International acquires, develops and manages real estate properties. As 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. Cal-Bay intends to offer investors an opportunity to attain better governance and accountability of management, more timely reporting and more efficient transactions at a lower cost than comparable private companies. 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: These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that GWDB may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. |
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