Caveat emptor; no information available, has discontinued the display of quotes on this security – these are just some of the lines to read when looking for information about Subaye Inc.(PINK:SBAY). And almost 200k shares exchanging hands yesterday. 
The last news to read about date back from the beginning of May. News about lawsuits mainly. After that – no trading activity. No information whatsoever on finance.yahoo.com, no information on otcmarkets.com. What is more, the label “Caveat Emptor” appeared on the latter. Certainly, not a good sign to have for a shareholder of Subaye. It is no wonder that posts like the one below appear on iHub:
“Is there any where to get updates on the company status as the yahoo information has disappeared.”
Not an easy question to answer. In terms of financials, the situation is similar. The last balance sheet to look at is the 10K covering the 12 months with an end-date Sep.30th, last year. After that, it is mostly 8K, a major part of them about lawsuits. In this aspect, resuming trading activity might be a breath of fresh air for the concerned parties. The session today opened at $0.51, and quickly rose to $0.80 per share, yet to see what the rest of the day would offer. [BANNER]
A more pressing question, however, is that of the lawsuits. The result of all the investingations lauched is what should be of serious consideration to shareholders. After all, just 3 months ago, this stock traded above $7 per share. Six months ago, above $14 per share. Now it is a pink sheet with a peculiar case, hardly any information to look at; thus proving very difficult to assess its potential for the future.
