Cambertire, LLC entered into an agreement to acquire a controlling stake in Cal Bay International, Inc. (OTCPK:CBYI) on November 8, 2012. Cal Bay International's name would be changed and the corporate headquarters of Cal Bay will be relocated. Past or present offices or Directors of Cal-Bay International will not be assigned to the newly appointed Board after the definitive agreement closing date. As on January 11, 2013, Cambertire, LLC and Cal Bay International entered into definitive agreement.

Cambertire, LLC completed the acquisition of controlling stake in Cal Bay International, Inc. (OTCPK:CBYI) on January 11, 2013.