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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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From: ravenseye10/19/2006 8:50:17 PM
   of 5034
 
October 19, 2006 02:36 PM Eastern Time
Cal-Bay International in Receipt of October 13, 2006 NOBO List Simultaneous with Publication on NASDAQ Naked Short List October 18, 2006
CARLSBAD, Calif.--(BUSINESS WIRE)--Cal-Bay International Inc. (OTCBB:CBAY) today announced the company was again listed on the NASDAQ Naked Short List, and simultaneously the company today received the NOBO (notice of beneficial ownership) list as of October 13, 2006.

The company is currently reviewing the NOBO list with the intent of identifying the obvious short position as is now confirmed by the publication on the NASDAQ Short List.

The company will publish a more specific statement regarding the short position early next week along with the company’s intentions to combat the short position. ...
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