Cal-Bay International to File SEC Form 10 Documents for Reinstatement to Fully Reporting Status.HENDERSON, Nev. -- Please replace the contact person on the release with the following: Melinda Rice, 702-492-4958 (sted Roger Pawson, 702-499-1499). The corrected release reads: CAL-BAY INTERNATIONAL TO FILE SEC FORM 10 DOCUMENTS FOR REINSTATEMENT Reinstatement The restoration of an insurance policy after it has lapsed for nonpayment of premiums. TO FULLY REPORTING STATUS Cal-Bay International, Inc. (CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CBAY) today announced the company management has decided to file SEC Form 10 Documents to return the company to a fully reporting status. CBI announced the intent to file the required documentation with the regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities which will include the updating of the company's SEC filings from 3rd Quarter 2006 to the present time. Melinda Rice, Acting President for CBI, stated, "We have initiated the updating of the filings, which will require some additional audited financials before the actual filing of the Form 10 document, and intend to have the process completed ready for filing in the 4th quarter of this year, with the intent of having the company fully approved for reporting by Q1, 2009. The ultimate goal is to have the company trading back on the Bulletin Board Exchange by early 2009." 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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