Robert Thompson Appointed as CEO Of Cal-Bay International, Inc.
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.
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