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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.
 
 
 
 
?
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

 



 

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CBAI News: Current Report Filing (8-k) 05/31/2018 04:27:08 PM
CBAI News: Current Report Filing (8-k) 05/29/2018 05:13:22 PM
CBAI News: Current Report Filing (8-k) 05/25/2018 09:05:31 AM
CBAI News: Current Report Filing (8-k) 05/17/2018 05:23:09 PM
CBAI News: Current Report Filing (8-k) 05/15/2018 05:13:22 PM
PlusOneCoin Top Posts
#104249   CBAI BANKRUPTCY ! locksflooring 05/24/18 03:17:18 PM
#104323   closed @ .0052..... Myth 06/15/18 04:15:17 PM
#104305   Everyone has the opportunity to sell now, and Myth 06/07/18 04:24:47 PM
PostSubject
#104200  Sticky Note Current Report Filing (8-k): Goodbuddy4863 05/18/18 10:10:40 AM
#104053  Sticky Note Holter-- I think you're getting confused by wondering worthylion 04/22/18 11:32:14 AM
#104045  Sticky Note That's just sad, at so many levels...... Myth 04/21/18 03:26:55 PM
#103660  Sticky Note ITS NICE TO SEE THE MOTHER HIDING BEHIND locksflooring 03/15/18 04:51:34 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
#104333   Well I like the cut of your jib. Agent92260 06/18/18 03:27:42 PM
#104332   this is just the beginning of a new MaryMary158 06/18/18 03:24:32 PM
#104331   I was thinking the same thing. Someone has Agent92260 06/18/18 03:19:13 PM
#104330   one might think that someone knows something..... Myth 06/18/18 03:17:20 PM
#104329   Holy crap! Buyer back on Bid with another Agent92260 06/18/18 02:57:18 PM
#104328   eyeballing CBAI is a great idea..... Myth 06/18/18 11:26:39 AM
#104327   If they announce a .003 dividend I'm guessing worthylion 06/18/18 10:31:55 AM
#104326   when they pay 1st dividend, what area you boardbrain1 06/18/18 10:07:58 AM
#104325   Just a WAG but I'm thinking the first worthylion 06/18/18 09:44:58 AM
#104324   Agreed, and it's about time. I'm averaging around Agent92260 06/15/18 04:18:08 PM
#104323   closed @ .0052..... Myth 06/15/18 04:15:17 PM
#104322   Folks slapping the Ask for half a penny. Agent92260 06/15/18 03:48:35 PM
#104321   Bid creeping higher! Agent92260 06/14/18 01:08:00 PM
#104320   Show Me the Money. Goodbuddy4863 06/13/18 10:16:34 PM
#104319   It's getting painted in both directions. Not sure Agent92260 06/12/18 04:24:35 PM
#104318   Co has been sold and the ask gets Myth 06/12/18 04:02:33 PM
#104317   Well the Market felt .003 was good for Agent92260 06/08/18 03:44:23 PM
#104316   I have to say I'm a little surprised Myth 06/08/18 01:12:12 PM
#104315   They ate 9 Mil yesterday and are back Agent92260 06/08/18 12:31:58 PM
#104314   Sell ! Sell !! Myth 06/08/18 11:12:40 AM
#104313   I agree with your post big time. Be boardbrain1 06/08/18 11:10:34 AM
#104311   go strong or go home CBAI REDZONE 06/08/18 09:34:10 AM
#104310   anyone see 10mil on bid yesterday REDZONE 06/08/18 09:33:46 AM
#104308   how low can it go? Zero is the ezgreen 06/07/18 09:33:16 PM
#104306   What's a flush ?? Myth 06/07/18 04:25:46 PM
#104305   Everyone has the opportunity to sell now, and Myth 06/07/18 04:24:47 PM
#104304   You couldn't ask for a better gamble, I'm boardbrain1 06/07/18 04:24:27 PM
#104303   That's the gamble. Agent92260 06/07/18 04:19:43 PM
#104302   yeah...this is a great company. Only a 2 boardbrain1 06/07/18 04:18:51 PM
#104301   so the bidder buys from the seller... Myth 06/07/18 04:12:45 PM
#104300   The buyer who sat on the bid and Agent92260 06/07/18 04:06:22 PM
#104298   Who cares, has nothing to do with CBAI..... Myth 06/07/18 03:58:03 PM
#104297  Restored Red Oak is stupid ? Myth 06/07/18 03:56:39 PM
#104296   I guess that's possible, only if the shareholders Myth 06/07/18 03:55:54 PM
#104294   The buyer, who else would get it ? Myth 06/07/18 03:49:13 PM
#104293   who gets the 10m share sell forfeiting payout? boardbrain1 06/07/18 03:41:53 PM
#104292   10m sell so far today SMART MONEY.....I guess. boardbrain1 06/07/18 03:32:08 PM
#104291   CBAI still deal in cord-blood? Or just Florida? Termite7 06/07/18 02:31:26 PM
#104290   Less shareholders shares ? Myth 06/07/18 11:26:34 AM
#104289   With all this selling the last few weeks, boardbrain1 06/06/18 04:05:17 PM
#104288   Thanks tbk420 holter49 06/06/18 12:08:31 AM
#104286   Wow. If anyone wants out, there ya go. Agent92260 06/05/18 12:09:47 PM
#104285   10 milly bid @ .0046..... Myth 06/05/18 09:36:36 AM
#104284   CCEL bought Cord Blood Bank Inc. in Florida...14M today. boardbrain1 06/04/18 04:54:24 PM
#104283   There are buyers between .0045 and .005: IMO TONYM 06/04/18 04:32:06 PM
#104282   No problem lion, this is a learning experience Myth 06/04/18 02:26:21 PM
#104281   Myth--Thanks for putting a finer point on the worthylion 06/04/18 02:22:23 PM
#104280   Oh...the 175k price on that link didn't include Myth 06/04/18 09:27:59 AM
#104279   I was recalling a link you found online worthylion 06/02/18 08:31:51 PM
#104278   lion, I don't believe a clean shell with Myth 06/02/18 07:26:09 PM
PostSubject