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Cal-Bay International Releases Financials Through June 2009

^{Published on 2009-12-08 08:56:48 - Market Wire}
 

LAS VEGAS, NV--(Marketwire - December 8, 2009) - 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 annual year-end report for the fiscal year ended December 2008 and also the quarterly reports for the first and second quarters of 2009.

"We are glad to have begun the process of rebirth for Cal-Bay International," company president, Shaun Bailey, said in a statement. "So far we have been able to share the financial details of the company through June of 2009. We should have the third quarter of 2009 posted within the next few weeks."

In another statement, Mr. Bailey explained, "Posted financials are an important part of transparency and good faith for shareholders and investors. Ultimately, of course, it is the content of the financials that we will strengthen as we fund and execute our business plan. Transparency is great, but transparency coupled with profitability is better."

Cal-Bay is also working to update the company website to show the latest financial statements and company information.

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.