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CBA Florida Inc. (fka CBAI)

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Cord Blood America


(This "Intro Box" is NOT maintained by Cord Blood America and is intended solely as a quick information source on ihub.  For more detailed, up-to-date information on Cord Blood America,  please go the company website by clicking the link above..)

Company Summary

Cord Blood America, Inc.(CBAI), through its wholly owned subsidiary CorCell Companies, Inc., is engaged in the business of collecting, testing, processing and preserving umbilical cord blood, thereby allowing families to preserve cord blood at the birth of a child for potential use in future stem cell therapy.

The umbilical cord which, at birth, traditionally has been thrown away, contains a rich store of stem cells. Cryogenically preserved umbilical cord stem cells have already been used to treat 75 major diseases, including leukemia, severe anemia, metabolic blood disorders and immune deficiencies. This list is guaranteed to grow as medical research learns more about the incredible healing power of stem cells.

There is uniformity in the belief that stem cells will play a key role in fighting disease as we move forward through this century. Some scientists are confident that stem cells will launch a new era in medicine, perhaps even curing some of our most intractable diseases.


Cord Blood America's Competitive Edge

CBAI offers extensive experience, with over 16 years in the cord blood banking industry, a proven processing model, technology and all the assistance our business to business clients need to grow their cord blood banking company without the additional cost of operating their own laboratory. CBAI is licensed in New Jersey, New York, California and Maryland and registered with the FDA.  They are also a Clinical Laboratory Improvement Amendments (CLIA) certified laboratory. 

Cord Blood America's state of the art laboratory is located minutes from McCarran International Airport in Las Vegas, NV; with approximately 3,300 inbound flights per week they are able to receive  customer samples 24/7/365.  Cord Blood America is a fully licensed cord blood bank that has processed more than 27,000 cord blood units since first opening in 1996. The 17,000-square-foot facility is equipped with the most advanced processing and storage technologies. The facility is under 24 hour surveillance with stringent restricted access protocols your client's cord blood unit will be kept at the correct temperature at all times thanks to our 24 hour monitoring system.

The Tissue Bank Director had more than 25 years of experience in the stem cell field.  A staff of highly experienced health professionals and technicians, working under the guidance and expertise of CBAI's Scientific/Medical Advisory Panel of industry leaders, offers both technical skill and unparalleled leadership. This unique combination of talents ensures that the laboratory remains on the cutting-edge of new cord blood advances, while guarenteeing the safety, integrity and viability of your customer's cord blood unit.



  News      Partnerships   Company History  Executive Team
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Cord Blood America, Inc.(CBAI), through its wholly owned subsidiary CorCell Companies, Inc., is engaged in the business of collecting, testing, processing and preserving umbilical cord blood, thereby allowing families to preserve cord blood at the birth of a child for potential use in future stem cell therapy. http://www.cordblood-america.com/









Insurance Partners

Blue Cross Blue ShieldOur current healthcare partners listed below have negotiated a special program for our customers to save cord blood for their children, grandchildren, nieces, nephews, friends or other loved ones. To learn more about our insurance partners visit the CorCell® website at www.corcell.com.

Blue Cross of Idaho's https://www.bcidaho.com/Health_Wellness/discount%20services/CorCell.asp

AmeriHealth
AmeriHealth Administrators
Asuris Northwest Health
Blue Cross Blue Shield of Kansas
Blue Cross Blue Shield of Northeastern Pennsylvania
Highmark Inc.
Highmark Blue Cross Blue Shield West Virginia
HMSA - Blue Cross Blue Shield of Hawaii
Horizon Blue Cross Blue shield of New Jersey
Independence Administrators
Independence Blue Cross
Keystone, Personal Choice (part of IBC, and BCBS of North Eastern PA)
LifeWise Assurance Company
LifeWise Health Plan of Oregon
LifeWise Health Plan of Washington
Premera Blue Cross
Permera Blue Cross Blue Shield of Alaska
Regence Blue Shield
Regence BlueCross Blue Shield of Oregon
Regence BlueCross Blue Shield of Utah
Regence BlueCross Blue
__________________________________________________________________________________________________________________________________________________



__________________________________________________________________________________________________________________________________________________

Tissue Bank Director

Dr. O'Neill has 25 years experience in the industry, processed more than 50,000 specimens and has published 78 papers. Educated at the University of Glasgow in Scotland, Dr. O'Neill came to the United States in 1979 to work for the Memorial Sloan-Kettering Cancer Center in New York. While continuing to work in the field his experience continued to grow as he also was a Professor at various prestigious universities including:

Cornell University school of Medicine, NY;
Columbia University, NY;
Visiting Professor at the Institute of Immunology in Munich

Dr. Geoffrey O'Neill
(702) 914-7250
info@cordblood-america.com

Latest SEC Filings

https://www.sec.gov/cgi-bin/browse-edgar?company=cord+blood+america&owner=exclude&action=getcompany

2017 2nd Qtr Highlights
 
Cord Blood America Reports 2017 Second Quarter Results
 
August 11, 2017 - Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI) ("CBAI" or the "Company") today announced financial results for the second quarter ended June 30, 2017.
 
Second Quarter Highlights Include:
 
 
?
Total revenue for the second quarter was $0.75 million, a decrease of 5.9% from total revenue of $0.79 million for the second quarter 2016.
 
 
 
 
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Recurring storage revenue for the second quarter 2017 was $0.66 million, a decrease of 4.4% from recurring storage revenue of $0.69 million for the second quarter 2016.
 
 
 
 
?
EBITDA for the second quarter 2017 was $0.20 million, an increase of 151.9% from EBITDA of $0.08 million for the second quarter 2016.
 
Results of Operations for the Three-Months Ended June 30, 2017
 
For the three months ended June 30, 2017, total revenue was $0.75 million, a decrease of $0.04 million or 5.9% from $0.79 million in second quarter 2016. Of the $0.04 million decrease, approximately $0.03 million was attributable to the reduction in storage and processing revenue from a previously terminated agreement with a third party. The discontinuation of storage revenue from the third party accounted for the decline in the Company’s recurring storage revenue in the quarter.
 
Gross Profit for the three months ended June 30, 2017 was $0.57 million, a decrease of $0.02 million or 3.6% from $0.59 million in second quarter 2016. Of the $0.02 million decrease, approximately $0.03 million was attributable to the reduction in storage and processing revenue from the third party, offset by reductions made by the Company in cost of goods sold.
 
Gross Margin for the three months ended June 30, 2017 was 76.4% compared to 74.6% in second quarter 2016. Gross margin increased due to reductions made by the Company in cost of goods sold.
 
Net Income for the three months ended June 30, 2017 was $0.15 million compared to a loss of $0.03 million in second quarter 2016.
 
EBITDA for the three months ended June 30, 2017 was $0.20 million, an increase of $0.12 million or 151.9% from $0.08 in second quarter 2016 despite the reduction in revenue as the Company has reduced costs.
 
David Sandberg, Chairman of the Board, commented, “On July 7th, the Company made its final payment to Tonaquint which constituted payment in full of the original $2.5 million principal obligation and associated interest. The business is performing in line with our previous guidance and has net cash of approximately $0.73 mm while continuing to generate consistent cash flow. The board continues to evaluate ways to optimize shareholder value.”


Current Share Structure

AS - 
2,890,000,000
OS - 1,272,066,146 



 



6 Month Chart


stop sign gifs | WiffleGif


TICKER DELETED
https://otce.finra.org/otce/dailyList?viewType=Deletions


 Company dissolved.
 



 

PostSubject
#97425  Sticky Note the devil has a face http://investorshub.advfn.com/boards/read_msg.aspx?message_ stallion 01/16/16 04:59:24 PM
#105517   !cbai relisting? Taurus69 09/19/20 12:56:27 PM
#105516   Any crappy news? Thanks!!! Termite7 09/17/20 09:28:15 PM
#105515   How do you figure? Thanks!!! Termite7 08/17/20 09:01:53 PM
#105514   !cbai relisting? Taurus69 08/13/20 05:13:14 AM
#105513   How do you figure? Thanks!!! Termite7 08/04/20 08:16:27 PM
#105512   no.... Myth 07/31/20 04:25:09 PM
#105511   !cbai relisting? Taurus69 07/23/20 07:05:57 PM
#105510   What are you talking about? Thanks!!! Termite7 07/08/20 08:03:18 PM
#105509   nobody will be receiving anything. lucky,mydog 07/06/20 09:55:11 AM
#105508   anyone received the 0.0062 yet? yuanxi617 07/06/20 09:51:50 AM
#105507   But seriously......why dissolve the company...??????? Termite7 07/05/20 04:24:10 PM
#105506   How do you figure....????? Thanks!!! Termite7 07/05/20 03:52:00 PM
#105505   !cbai relisting? Taurus69 07/03/20 05:18:19 PM
#105504   I am confused? Diana15 07/02/20 12:08:54 PM
#105503   The content and context of that post is bullshit. Myth 07/02/20 11:27:28 AM
#105502   First of all there is no .0016, no Myth 07/02/20 11:22:17 AM
#105501   I agree with you a 100%. The Virus, boardbrain1 07/02/20 10:12:35 AM
#105499   Yup... Different players, same game. diannedawn 07/02/20 07:37:09 AM
#105498   What was being touted as the payouts to diannedawn 07/02/20 07:33:20 AM
#105497   So how much money did shareholders ever see diannedawn 07/02/20 07:23:09 AM
#105496   LoL, it's now a LOT worse than trips!!!! Termite7 07/01/20 07:59:42 PM
#105495   Again, very impressive focus on your part. Thanks!!! Termite7 07/01/20 07:56:14 PM
#105494   call finra, maybe they know " how it Myth 07/01/20 12:23:50 PM
#105493   who cares ? Myth 07/01/20 12:17:56 PM
#105492   lolololol. my broker said the ticker no longer exists. lucky,mydog 07/01/20 12:15:23 PM
#105491   I'm not here asking the questions....call your broker Myth 07/01/20 12:13:03 PM
#105490   TDA accepted an order.. lucky,mydog 07/01/20 12:08:38 PM
#105489   I didn't say it was, I said TDA Myth 07/01/20 12:07:16 PM
#105488   yes. what renee posted is not wrong. lucky,mydog 07/01/20 12:06:19 PM
#105487   Are you sure ? Myth 07/01/20 12:04:22 PM
#105486   it doesn't matter what it shows. the ticker lucky,mydog 07/01/20 12:01:33 PM
#105485   TDA shows one bidder @ .0009, and the Myth 07/01/20 11:59:41 AM
#105484   I believe sandberg will eat up the .0016 boardbrain1 07/01/20 11:49:46 AM
#105483   The ex-dividend price is .0016. Yesterday’s close of goingbkrpt 07/01/20 11:42:18 AM
#105482   On Yahoo they have CBAI at .0016. boardbrain1 07/01/20 11:03:48 AM
#105481   I'm not sure, when I get a divi Myth 07/01/20 10:44:09 AM
#105480   how does it work now? i don't see lucky,mydog 07/01/20 10:32:42 AM
#105479   CBAI: Company dissolved. CUSIP suspended by FINRA. Deleted symbol: Renee 07/01/20 10:05:16 AM
#105478   Could be end_of_Fiscal_Year_clearance_sale!!!!!!! Termite7 07/01/20 12:58:16 AM
#105477   Thanks for the recognition, but_what's_with_today's_throng_of_volume?!?!?!? Termite7 07/01/20 12:46:13 AM
#105476   The number of shares that will reap the Myth 06/30/20 03:07:43 PM
#105475   I also think it's CCEL selling.....who knows.. Myth 06/30/20 03:00:34 PM
#105474   I highly doubt they are buying back shares Myth 06/30/20 02:56:37 PM
#105473   I think at some point someone will pay goingbkrpt 06/30/20 02:08:04 PM
#105472   You think the shell will be sold/reverse merged? AK2003 06/30/20 01:24:54 PM
#105471   The filings say the 26th is the closing goingbkrpt 06/30/20 01:21:04 PM
#105469   Trips coming, .000 as Termite7 has said many boardbrain1 06/30/20 09:59:39 AM
#105468   not sure what is going on, but imo Myth 06/29/20 03:36:01 PM
#105467   They were supposed to close transfer book on yuanxi617 06/29/20 03:33:07 PM
#105466   none of this makes any sense.... Myth 06/29/20 02:26:56 PM
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