DENVER, April 10, 2014 /PRNewswire/ -- Cal-Bay
International, Inc. (OTC Markets: CBYI) Headline: Robert
Thompson Appointed as Cal-Bay CEO.
Cal-Bay International, Inc. today announced the appointment of
Robert Thompson as the company's new
CEO.
Robert Thompson is a seasoned
executive who originally formed Cal-Bay Controls Inc. (CBC)
originally as a sole proprietorship, being operated since 1990
under the name Cal-Bay Controls, in Tustin, California, as a manufacturer's
representative and distribution firm, serving California, Nevada and Hawaii in process, environmental, safety and
laboratory markets. On February 22,
2001, CBC was incorporated under the name Cal-Bay Controls,
Inc.
In March 2001 Robert Thompson
formed Cay-Bay International (CBYI) as President and CEO and took
the company public.
On August 17, 2003, the Company
formed a Nevada corporation,
Cal-Bay Analytical, Inc., (CBA) a wholly owned subsidiary. As of
January 6, 2005, all the assets and
liabilities of CBA were sold along with CBC to Robert Thompson and Charles Prebay in exchange for their shares in
CBYI and delivery of Atlantis Holdings, Inc., a shell company
traded on the pink sheets. As a result of this transaction the
Company was reorganized with the Company's primary focus being the
acquisition, management and sales of real estate.
Robert Thompson was named as
President and CEO of Resources Ventures Inc. a publicly traded
company in mid-2012 to 2014 to expand the company in different
markets. One of the key markets Mr. Thompson was instrumental
in a Joint Venture agreement with Hemp Inc. The Hemp Nation
Magazine group to produce and edit all content and publishing the
magazine.
Under the newly organized Cal-Bay International (CBYI)
Robert Thompson has agreed to
re-join the company he formed over 20 years ago. As Chief Executive
Officer, to help expand the company with new medical technologies
equipment for both the Pharmaceutical and Legal Marijuana
industries.
Cal-Bay recently announced the appointment of Dr. A. Gomez to the company's management team as VP
of Medical Technologies.
Company President Walter Nicholas
stated, "The addition of Mr. Thompson to the Board of Directors
adds a wealth of experience in the technology development,
marketing and the public company sectors".
Mr. Thompson will be assisting with the completion of the
company's new business plan(s) and revenue forecasts.
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.:
Website: www.calbayco.com
SOURCE Cal-Bay International, Inc.