Category: Baystreet Newswire
Company: Triumph IR
Date: Wednesday, October 23, 2013
Huntington Beach, CA - (Accesswire) October 23rd 2013 Cal-Bay International, Inc. (Pinksheets: CBYI) Today announced the Company's revised Business Plan Model for the clarification of Shareholders and Investors.
Cal-Bay management today clarified Cal-Bay has taken the initiative of re-organizing the existing business plan model from that a specific single operational entity, to a multi directional diversified Holdings Corporation. The decision was based upon analyzing several years of US economic decline along with an uncertain economic plan for the Country's financial market recovery since the 2007 economic crash, leaving large numbers of Investors and a significant number of Iconic Main Stream Public and Private Companies financially devastated and ultimately closed down or out of business virtually overnight leaving Hundreds of Thousands of unemployed Americans. Examples of such household name and trusted companies were Washington Mutual, AIG and General Motors to name a few. The proven surviving strength through all of these events seemed to be the diversified Holdings Companies such as British petroleum (BP), Berkshire Hathaway, Harbinger Group, Loews and several similarly structured companies, with subsidiary company holdings and profit centers in “across the board” sectors of Industry and commerce, allowing for market adjustments within their own holdings according to market sector conditions and consumer spending patterns.
Cal-Bay has identified a number of sectors which appear to be regaining financial growth and consumer confidence in the USA financial markets today, and the company has already targeted and opened dialogue with a number of potential private company candidates for the new Holdings Corporation business plan. These diversified sectors include but are not limited to the Automotive, Leisure, Lifestyle, Health and Fitness, Nutritional, Financial, Precious Metals, Real Estate, Communications and Select Financial Benefit Markets.
Cal-Bay recently announced the formation of the first wholly owned subsidiary for the manufacture and distribution of the Company's "CB Mobile Elliptical Cross Trainer" Health, Fitness and "Green Transportation" 2014 Models vehicular product line. The Company is currently developing the E-commerce product website for product information and ordering, this site is scheduled to be announced and fully operational in the very near future. For more Information about the 2014 Mobile Elliptical Cross Trainers please visit: http://calbayinternational.net/products or visit our Twitter page at: http://twitter.com/CalBay1
Cal-Bay has retained the services of California based Corporate Counsel, and is in the process of finalizing the appointment of an established West Coast Patent Law Firm, for the continued filing of existing Company and newly acquired Subsidiary Company Patents in all sectors of the company's business model. Additionally the Company today retained the services of a seasoned established financial Controller to oversee the Financial Records of both The Holding Company and its subsidiaries with the intent of providing up to top date consolidated financial information at all times to the Company's Auditor, for public dissemination.
The Company will as a matter of record, be announcing changes to the Board of Directors along with Management appointments for the non-publicly traded subsidiary companies.
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