Cal-Bay International Announces Appointment of New Company President.HENDERSON, Nev. -- Cal-Bay International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CBAY) today announced the appointment of Shaun Bailey Shaun Bailey is a British youth worker and commentator, who is also a Conservative candidate for the UK parliamentary constituency of Hammersmith in London, England. Career He graduated in computer aided technology from South Bank University. as the new Company President. Shaun Bailey's appointment as company President and seat on the Board of Directors today is simultaneous with the resignation of Mr. Roger Pawson. Mr. Bailey has an extensive background in business management and corporate operations, along with a Bachelors Degree in Business. A full bio will be available when the company's new website is completed. Mr. Bailey commented he is looking forward to resolving past issues that have surrounded sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. the company and believes Cal-Bay has many opportunities for investors, and shareholders as the company returns to profitability. Mr. Bailey further commented, Cal-Bay will continue to pursue all aspects of former real estate holding issues that the Company has encountered, along with the legal pursuit of all monies owed to the Company. The Company plans to announce further additions to the Board of Directors in the near future along with the launch of the Company's newly constructed website and revised domain. 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 a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , 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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