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Subject: Operating earnings have continued to grow in line with expectations
By Barbara De Lollis, USA TODAY The Transportation Security Administration expects to pay as much as $211 million a month for passenger screening services from private firms. Congress initially funded the TSA with $1.3 billion. The Bush administration is seeking $4.4 billion more to carry the agency through September 30.
Safety Sector Company in High Demand
With about 3,000 airport bomb-scanning systems in use worldwide, the capability of Cal-Bay's (OTCBB: CBYI) pattern recognition technology and its portability makes it ideal for airport security (including aircraft cargo bays, baggage handling, and passenger scans). Cal-Bay has developed a strategic alliance with another company that will provide an entry into the explosives-detection market for the military, which has significant potential for growth.
Analyst "Meehan Capital Management" says CBYI is undervalued
Cal-Bay Receives Major Purchase Order of over $250,000 from St. Gobain Containers of Muncie, Ind. Cal-Bay Joins GoNow.com financial network. GoNow.com will provide PPM coverage on Cal-Bay. Through GoNow.com strategic relationship with FreeTrade by Ameritrade, shareholders can buy or sell CBYI stock commission free. There are no account fees, transaction costs, or monthly charges.
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