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CBA Florida, Inc. (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.



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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.
 
 
 
 
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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

 



 

CBAI
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CBAI News: Quarterly Report (10-q) 08/14/2019 04:35:14 PM
CBAI News: Quarterly Report (10-q) 05/15/2019 04:54:54 PM
PostSubject
#104053  Sticky Note Holter-- I think you're getting confused by wondering worthylion 04/22/18 11:32:14 AM
#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
#105148   o/s divided into cash and escrow is approx. TONYM 10/11/19 02:49:44 PM
#105147   .008’s now on the bid! Anyone wants to Agent92260 10/11/19 10:24:55 AM
#105146   What do we have going on here... Someone enlighten me zjohns025 10/09/19 08:17:08 PM
#105145   Ask slapped at .008, like George and Weazy Agent92260 10/08/19 03:00:26 PM
#105144   I'm surprised CCEL isn't on their $hit by now.... Myth 10/07/19 01:10:42 PM
#105143   Agreed. News/pr would be appreciated but unlikely. Agent92260 10/07/19 01:06:04 PM
#105142   Np problem, I see a seller likes those Myth 10/07/19 01:04:58 PM
#105141   For a long time the ask had been worthylion 10/05/19 01:21:09 PM
#105140   Thanks, Myth! Agent92260 10/05/19 11:26:33 AM
#105139   At Closing, $3,000,000 of the Purchase Price will Myth 10/05/19 07:06:13 AM
#105138   Was that 3 years? (Escrow). Thanks. Agent92260 10/05/19 02:19:26 AM
#105137   I believe the money is there and that worthylion 10/04/19 08:39:35 PM
#105136   I just can't see it going much higher Myth 10/04/19 01:09:26 PM
#105135   As long as there is a steady appreciation Agent92260 10/04/19 01:04:28 PM
#105134   Time sure is flying, 3rd qtr now in Myth 10/04/19 01:03:10 PM
#105133   GOING TO .0003S, THEN .00000001, REVERSE SPLIT, AND TONYM 10/04/19 12:11:06 PM
#105132   .08’s up! Agent92260 10/04/19 11:32:47 AM
#105131   Link? Thanks!!! Termite7 10/02/19 07:50:53 PM
#105130   50-share volume = $0.0003s SOON!!!! .................YES!!!!!!!! Termite7 10/02/19 07:49:09 PM
#105128   Can't be serious! There are 36,200 shares short: mind1 09/27/19 02:23:35 PM
#105127   Short Squeeze!? scania4 09/27/19 02:19:13 PM
#105126   What are you talking about?Just noting the article mind1 09/27/19 02:11:31 PM
#105125   Then you can also sell your shares. Or scania4 09/27/19 02:07:47 PM
#105124   Yes i know. So what is the purpose mind1 09/27/19 01:54:12 PM
#105123   That's what the course says long ago! scania4 09/27/19 01:52:22 PM
#105122   you are correct-more fake news by the media TONYM 09/27/19 12:02:40 PM
#105121   Come on now. The company was sold  in mind1 09/27/19 11:56:45 AM
#105120   https://makdaily.com/could-cba-florida-inc-otcmktscbai-skyrocket-the-stock-has-t scania4 09/27/19 11:13:54 AM
#105119   RIGHT AFTER GOING TO .00000001, REVERSE SPLIT, AND TONYM 09/24/19 12:17:44 PM
#105117   Where are those elusive $0.0003s....????? Termite7 09/23/19 12:48:00 PM
#105116   Lol! Agent92260 09/20/19 03:27:55 PM
#105115   Halloween of what year ??? Myth 09/20/19 03:27:09 PM
#105114   Something moving us up these last few weeks. Agent92260 09/20/19 03:14:03 PM
#105113   Sandberg said "Significantly Less" we just don't know boardbrain1 09/13/19 03:13:32 PM
#105112   WHY OPT FOR .0076 WHEN 1.27 o/s shares TONYM 09/13/19 11:42:37 AM
#105111   .0076 letting folks out for a couple days Agent92260 09/13/19 10:28:50 AM
#105110   Getting into the last part of 2019, nothing echi8 09/12/19 09:28:36 PM
#105109   Hey, is quotemedia broken? Termite7 09/07/19 07:02:12 PM
#105108   This board is hibernating.... Termite7 08/27/19 11:17:14 AM
#105107   sure is... Myth 08/26/19 02:03:32 PM
#105106   Isn't share-amount-300 the "down" signal??? Termite7 08/19/19 10:31:56 PM
#105105   lol...well put.. Myth 08/15/19 12:00:06 PM
#105104   Yes, Matt Schissler was a scam artist without Agent92260 08/15/19 10:49:32 AM
#105102   I remember when Scitsler got in bed with Myth 08/15/19 08:43:24 AM
#105101   Aside from Red Oak’s lack of SH communication, Agent92260 08/14/19 08:37:08 PM
#105100   Still cleaning up Scitsler's mess.... Myth 08/14/19 04:51:40 PM
#105099   10q Out Myth 08/14/19 04:48:26 PM
#105098   Reverse split is scheduled for 8/13/2019 9:02 am, TONYM 08/12/19 08:28:30 AM
#105097   CBAI WILL REVERSE SPLIT AGAIN! locksflooring 08/11/19 09:37:14 PM
#105096   JUST COMMING ACROSS THE TAPE, REVERSE SPLIT, BANKRUPSY, TONYM 08/08/19 03:29:57 PM
PostSubject