MondayJun 30, 2014 10:19 am

Cal-Bay International, Inc. (CBYI) Benefits From Executive Team Diversity

Cal-Bay International, an investment holding corporation, has depended upon the diversity of experience represented by its executive team to deal successfully with the varied industries it represents. The company is now involved in pharmaceutical vending, hemp based consumer products, specialty plant growth, publishing, and financial processing. • Robert Thompson (Chief Executive Officer) founded the company in 1990 as a sole proprietorship, serving as a manufacturer’s representative and distribution firm, operating under the name Cal-Bay Controls out of Tustin, California. The company went public in 2001 and, through a series of transactions with other companies, was eventually reorganized with a focus…

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WednesdayJun 18, 2014 9:51 am

Cal-Bay International, Inc. (CBYI) E-Commerce Site Gains 5,000 Newsletter Subscribers in First 8 Days

Today, just before the opening bell, Cal-Bay International announced that its Legal Hemp E-Commerce storefront subsidiary has surpassed over 5,000 newsletter subscribers since the website launch on June 10th, 2014. "From the onset of the website launch, the site ranking has been increasing on a daily basis, along with the visitors to the website,” stated Cal-Bay Senior VP of IT web development. “At the same time the Alexa ranking has been improved by over 100,000 points without optimization or purchased site traffic. The website traffic is natural and high in volume due to the content and industry sector. Newsletter signups…

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TuesdayJun 17, 2014 9:59 am

Cal-Bay International, Inc. (CBYI) Receives $7 Million Funding Proposal for Launch of Marijuana Dispensary Card Payment Network

Today, Cal-Bay reported its reception of a $7 million capital funding proposal for a 3-year term note for its CB Green Card merchant processing system. The system will provide U.S.-based legal marijuana dispensaries with a credible channel for receiving purchase payments from their patients. Cal-Bay entered into a memorandum of understanding for the funding proposal, and the proposal’s terms will be fully disclosed once the definitive agreement is executed at close of Escrow. The proceeds will be used for completion of Cal-Bay’s Green Card merchant processing network as well as production of POS terminals required for use by the dispensaries.…

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ThursdayJun 12, 2014 6:13 pm

Cal-Bay International, Inc. (CBYI) Portfolio Comprised of Cutting-Edge Technology, Diversification

Cal-Bay International is a diversified holding company seeking out operational business acquisitions to add to its unique portfolio of subsidiaries. The company’s overarching mission is to develop multiple profit centers and residual income that feed into a consolidated, stable, and sustainable financial environment for the parent company and its holdings. Cal-Bay’s Pharmacy Vending division is developing Pharmacy-Vend, a proprietary automated kiosk vending system that operates similar to bank ATMs to disperse prescription medications directly to patients and then allows them to complete the payment transaction via credit card or debit card. This provides patients with immediate access to acute medications…

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TuesdayJun 10, 2014 10:08 am

CalBay International, Inc. (CBYI) Launches Online Store Front at “LegalHemp.com”

CalBay International has opened its online e-commerce store at www.LegalHemp.com. The website will serve as the company’s online front for introducing a range of initial retail product lines to the legal cannabis sectors. These initial retail product lines include an exclusive apparel line as well as a diverse range of marijuana-flavored, non-THC, edible candies. CalBay International expects to add more product selections to the website on what it anticipates to be a regular basis. Cal-Bay CEO Robert Thompson commented, "We are very excited for the launch of the first Storefront, and the E-Commerce site is now operational and will be…

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MondayJun 09, 2014 11:25 am

Cal-Bay International, Inc. (CBYI) is “One to Watch”

Cal-Bay International is a diversified investment holding corporation focused on constantly developing and searching for operational business acquisitions in specific sectors for development, growth and profitability. The company aims to develop multiple profit centers and residual income thus creating a stable consolidated financial environment for both the parent company and its subsidiaries. The Pharmacy Vending division is developing a proprietary automated kiosk vending system called Pharmacy-Vend, which operates much like a bank ATM to disperse prescription medications directly to patients. Pharmacy-Vend’s advanced technology is designed to cut the rising costs of pharmacy dispensing for doctors, pharmacies and hospitals while giving…

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