Cal-Bay Management Transition Completed

Cal-Bay Management Transition Completed

PR Newswire

DENVER, April 3, 2014 /PRNewswire/ — Cal-Bay International, Inc. (OTC Markets: CBYI) Headline: Cal-Bay Management Transition Completed.

CAL-BAY President Walter Nicholas today announced controlling interest of the company by the new management has been completed. All previous Officers and Board members, including the company’s former Chairman have now resigned their respective positions with the company. The new company management acquired controlling interest by acquiring 3 Million Preferred “C” control shares from the previous holders. The remainder of the share structure as of March 31st, 2014 remains unchanged.

The Company’s new management has recently updated all necessary public information agencies, including the Secretary of State, OTC Markets and published the financial statements through December 31st, 2013. The financial statements for the quarter ending March 31st, 2014 are expected to be published this month.

Previously stated: “The company announced the formation of a Medical Technology advisory board, to oversee and participate in the design and functionality of the company’s Medicinal, Pharmaceutical and legal Marijuana product(s) vending technologies. Appointments to the advisory board and additional appointments to the Board of Directors will also be announced during April 2014.”

Mr. Nicholas stated, “Now the majority of the corporation’s basic clean-up has been completed, it is time for Cal-Bay to move forward and focus on the operational aspect of the business.”

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.:

Cal-Bay International, Inc.
600 17th Street,
Suite 2800
Denver, Colorado 80202

Website: www.calbayco.com

SOURCE Cal-Bay International, Inc.

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