Cal-Bay International Inc. cancelled the acquisition of 12 residential single family properties in the Pacific West Coast Inland Empire Region from Wells Fargo Bank and Bank of America Corporation.

Cal-Bay International Inc. (OTCPK:CBYI) offered to acquire 12 residential single family properties in the Pacific West Coast Inland Empire Region from Wells Fargo Bank and Bank of America Corporation (NYSE:BAC) on March 27, 2012. Cal-Bay International Inc. received approval from the unknown overseas funding group for the purchase of the properties from the $3 million credit line awarded to the Cal-Bay International Inc. specifically for such acquisitions.

Cal-Bay International Inc. (OTCPK:CBYI) cancelled the acquisition of 12 residential single family properties in the Pacific West Coast Inland Empire Region from Wells Fargo Bank and Bank of America Corporation (NYSE:BAC) on March 27, 2013.