DENVER, May 7, 2014 /PRNewswire/ -- Cal-Bay
International, Inc. (OTC Markets: CBYI), today issued the company's
shareholder update report.
Cal-Bay CEO Robert Thompson today
stated, "Cal-Bay recently launched the new website, introducing the
subsidiary companies and divisions, outlining their roles and
synergies and ability to operate as independent profit centers as
part of Cal-Bay, the parent holding company."
The Snapgrowth all natural plant enhancement technology was the
company's most recent acquisition. The proprietary formula has
proven results, optimized growth speed and improved yield in
specific types of plants in controlled growing environments. The
company is already in production of "Snapgrowth" and the product
will be available for retail distribution in May 2014. The company is in the process of filing
for Patent protection of "Snapgrowth".
The company's "Legal Hemp" subsidiary is in the final stages of
development of the e-commerce storefront, slated for launch during
May 2014. The storefront will
initially allow the online purchase of the "Cannabis Candy &
Hemp Candy Company" THC free candy products, and will host the
"Snapgowth" product line for online purchase.
Pharmacy Vending. The company originally commissioned a US
design manufacturer for the "Pharmacy Vending" product(s) and is
currently in discussions with an overseas manufacturer for the
completion of the company's advanced vending equipment design for
targeted production in 2014.
The "Expo" division will be announcing next month the upcoming
events for the 2014 calendar.
Cal-Bay Leasing. Pending News and updates scheduled for release
May 2014.
Mr. Thompson further commented, "We have received significant
responses for the company's products, along with potential new
opportunities in similar business sectors as a direct result of the
new website. Subsequently, the company is now expected to generate
third quarter revenues."
Upcoming Events: Webcast interview with CEO Robert Thompson and Company President
Walter Nicholas scheduled for
May 13th, with Small Cap
Voice.
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.
SOURCE Cal-Bay International, Inc.