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Cal-Bay Engages PCAOB Auditing Firm

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Cal-Bay International, Inc. (OTC PINK:CBYI) announced the engagement of a PCAOB auditing firm aimed at up-listing to a fully reporting status (OTC:QB) by early 2022. CEO Luke Joseph emphasized this step toward financial transparency and hinted at a potential future up-listing to NASDAQ, driven by growth in the NFT sector. The impending launch of the CBNFT website, designed to support company projects and facilitate NFT transactions, is expected by October 20. Additionally, a secure ERC-20 wallet system for NFT management is in development.

Positive
  • Engaged a PCAOB auditing firm to facilitate up-listing to OTC:QB.
  • Launch of CBNFT website to support company projects and NFT transactions.
  • Development of a secure ERC-20 wallet for NFT management.
Negative
  • None.

HENDERSON, NV / ACCESSWIRE / October 13, 2021 / Cal-Bay International, Inc (OTC PINK:CBYI) today announced the company has engaged a PCAOB auditing firm for the purpose of up-listing the company to a fully reporting status (OTC:QB) on OTC Markets, with anticipated up-list in early 2022.

Company CEO Luke Joseph made the announcement earlier today and commented "This is the first step in the company's long-term goals of being financially transparent for the financial and investment communities. With the rapid growth in the NFT space, it would not be unreasonable to assume the company could further up-list to the NASDAQ exchange within the next year."

Cal-Bay recently announced the upcoming launch of the new CBNFT website which will showcase both following and support of company projects, along with the incubation and collaboration portal for the new projects, including the non-profit such as www.KB24.com, and philanthropic projects. The new website www.cbnft.io is expected to launch on or before October 20th alongside the company's current website www.cbyintl.com

As previously announced, Cal-Bay is also launching a secure ERC-20 wallet proprietary system to manage the company's wallets, NFT's and secure connections with NFT platforms, such as https://opensea.io/ and other leading NFT platforms. The long-term plan for CBNFT.io is to also include a platform to exchange, sell and buy NFT's and NFT supported products.

NFT News Articles:

https://www.mintedwire.com/posts/all-eyes-on-kb24-nft

https://www.clevescene.com/cleveland/lakers-dwight-howard-has-kobe-bryant-fans-excited-for-kb24-nft-art/Content?oid=37366042

NFT Platforms:

https://opensea.io/

https://www.cryptodadsnft.com/

About Cal-Bay International.

A Publicly traded holding company for Innovative Technologies, Digital Assets, and creating a Philanthropic Foundation through digital asset technologies to support causes in the US and worldwide.

www.cbyintl.com

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 Cal-Bay, 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.

Cal-Bay International, Inc.
Contact: (877) 372-0716
Email: info@cbyintl.com
Website: www.cbyintl.com

Investor Relations:

Andrew Barwicki (516-662-9461)
http://www.barwicki.com/

SOURCE: Cal-Bay International, Inc.



View source version on accesswire.com:
https://www.accesswire.com/667945/Cal-Bay-Engages-PCAOB-Auditing-Firm

FAQ

What is the purpose of Cal-Bay International engaging a PCAOB auditing firm?

The purpose is to facilitate the company's up-listing to a fully reporting status (OTC:QB) by early 2022.

When is the expected launch date for the CBNFT website?

The CBNFT website is expected to launch on or before October 20, 2021.

What are the long-term goals mentioned by Cal-Bay CEO regarding stock exchange listings?

The CEO mentioned potential up-listing to NASDAQ within the next year, driven by growth in the NFT space.

What functionalities will the CBNFT website offer?

The CBNFT website will showcase company projects, support NFT transactions, and include an incubation and collaboration portal.

What innovation is Cal-Bay introducing for NFT management?

Cal-Bay is developing a secure ERC-20 wallet proprietary system for managing NFTs and secure connections with NFT platforms.

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