LAS VEGAS, NV -- (Accesswire) October 14th 2013 Cal-Bay International, Inc. (Pinksheets: CBYI) Today announced the company has retained the services of a Professional Accounting Controller, with the intent of preparing audited financials for both Cal-Bay and its upcoming wholly owned subsidiary companies, resulting in "Audited Consolidated Financial Statements". This will help accelerate the process for Cal-Bay’s SEC Form 10 filing to return to "Fully Reporting" status in the very near future.
As previously stated Cal-Bay will now take the role as a holding company, for the acquisition of operational companies as wholly owned subsidiaries.
The company has recently been interviewing Patent Attorneys for the filing of several new vehicular/automotive patents, and is expecting to retain an experienced Patent Law Firm this week, to ensure accurate filing of the new Patents.
The Company’s website is currently under re-development and is expected to be fully functional in October 2013.
Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as CBYI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Cal-Bay International, Inc.
Tel (855) 450-5820
Leave a comment...