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I forgot 1 other revenue stream- just selling the parents the blood report after processing for say 250 dollars x 20k = 5 million, just for the blood report. That is just about the total expected revenue next year of all our international deals thus far.
I disagree, there is a tremendous amount of revenue storing for free, because on the back end (when we sell the cord) we charge a fee. If you say there is no revenue for storing for free, then your saying cord cells have no value. If cords have no value why would anyone privately store them?
The numbers aren't that hard to see. Say CBAI obtains 20k cords free and clear -- at a cost of 2k up front--40 mill, but we know the cost to CBAI is much less.
The parents have a 3 month window after birth to choose to private store. Say 2k- 10% in those 3 months choose to store, @ the 2k cost of storage- now you have 4 million in revenue. with a 200k yearly annuity for 20 years. The other 18k after 3 months are free and clear. i.e we can do what we want with them.
Those 18k cords have to have a value correct? If a transplant cost 30k, unless you diagree I think it would be safe to assume an avg value for the cord of 5k. 5k x 18k = 90,000,000.
So we have the revenue stream of the ones who ultimately choose private store.
We have a CBAI assest in the tanks of 90 mill @ a cost of under 40 million. Even if every deal Matt does oversees, is a dud. We still have in our tanks an assest value near 50 million. With 4 million US births each year - if we just obtained 1% of those cords a year. We have a yearly revenue stream of "free" storage of $200,000,000. Just for US cords.
There is nothing special about a cord storage facility, they are all over the place. Just google (i'm sure you already have) "US cord storage facilities". What cost more money and time- trying to convince a young couple to part with 2k before the babies born? Our give the couple a post birth window of opportunity to store, and a down the road financial incentive to give us the cord? Each one we get we bank is 5k in our tank. Once the US market cathes up, whos door is medicine going to knock on. The facilities that have cords for purchase? Or the facility that has none. I sure would like us to be the Little piggy that went to market, rather than the Little piggy that has none.
What would you rather own Fort Knox, the gold in Fort Knox, or Fort Knox and the gold?
Locks- please dont take my comments as bashing you, I am definately not. We both want to see this company become a power house, I am just trying to get you to see another angle. I am
all for private storage. I just think CBAI is totally missing a huge immediate revenue stream. There may be a very good reason they arent going after ownership of the cords, I just dont see it. To me its a no-brainer.
I agree it seems like a puzzle. I realize USA is behind the times, I think it makes the case even stronger. Why not grab the US cords now when stems cells in USA are under the radar. Once all the great DD you have done starts to be common knowlwedge. The competition to control the cords will be fierce, and alot more expensive.
Dew says the 16 million isnt from dilution its from financing, and that 16 million hasnt been touched, except I think a little for China. Dew thinks he is diulting @ a rate of 100k a month to cover operational cost.
Yes, please pass on the question to Matt, why isn't he going after ownership of the cords? Ownership of the cords is not public storage, its OWNERSHIP of a tangible product, that CBAI owns free and clear to sell to whoever they want. Why not grab a position in the lucrative ends of both these industries? Locks You have provided us great research for stem use. I agree with you stem use is only going to get bigger.
Think about it though, the world is in the midst of very tough economic times. Where is the market for private storage during these times? Matt even says US market is flat. So we are spending all of these resources, on a one track business plan of storage.
If the stems are as valuable as we all think they are, why would we let them simply be discarded? Isnt it like throwing away red gold?
A transplant cost around 30k- I think it s reasonable to think the stems would be at least 5k of this cost. So every CBAI owned cord in our tanks we own is worth potential 5k. That means real assest to us. That we can immediate start selling to research companies, or other individuals. As well as an assest for the balance sheet, which we could borrow against all day.
Why pressure young couples on a "Buy It or Lose out" sales technique. Why not simply ask them for the cord at no cost, with the ability to purchase the cord for up to 3 months (at a higher cost than if they choose to store before birth) after birth. If they choose not to after 3 months we would be able to sell to anyone. To sweeten the deal for the couple "an offer they cant refuse" so to speak. Offer to give them a % of the sale if the cord is sold. We could even make a little money of them upfront by selling them the blood report after processing.
I am not a CBAI basher, I have millon plus shares. We have a large storage facility. Why not fill it with our assets, at the same time filling it with other peoples assest(private stems)? I agree there is alot of money in private storage. I also think there is a tremendous opportunity in stem owenership. With this economic climate, its seems our resources are better serve getting assest in the tank, as these are immediate, tangible,flexible, and there for the taking. Thanks for offering to pass on my question. My question is grounded as an investor, wanting CBAI to realize its full potential.
sorry misspelled fledgling.x 2
I agree the CEO needs to actually be transparent -- to investors the direction of the company is important. At this point however the share structure is becoming vital. The way it is shaping up - the CEO is spending dilution traveling all over the world buying fledling companies, in a fledling industry. Pretty soon his only option is going to be to r/s wiping out any investor sitting on less than 10million shares, as with 6 billion shares and minnimal foreign revenue deals. The r/s would have to be massive.
Why he isn/t spending dilution acquiring CBAI owned cords for the Vegas facility is beyond me.
With CBAI owned cords, we have an immediate potential revenue source, that can be marketed for sale immediately. Also allows CBAI to put on the books a tangible assest, that can be borrowed against.
What do you think might happen to the pps, if the CEO announces, 20k CBAI OWNED cords in the tanks, with a conservative value of 5k for each cord?
Your impatients is for good reason, the best thing to know about this stock is everytime in the last 6 months the CEO has gone on a trip, the pps has had a signifigant pullback, even when it proceeded good news. Think there is any coorelation?
Todays red flag is the same as yesterdays.
The real loss percent for CBAI is 2% less than the market loss. So its really a steady continuation from yesterday's losses- CBAI lossed 5%-today's less market loss on a "specail circumstance market day" of 3%- which is disturbing.
Please consider this-
____________________
I wonder how many Greek mothers stored their childs cord today?
How many Europeans are wondering about their financial stability in the wake of the "Greek Tragedy?" How many American, Chinese, Aregentinan's, are wondering the same thing?
The market in USA for storage is flat according to CEO. The reasoning for going overseas. 1 out of 3 of the engaged international companies is profitable- per ceo inbound interview.
When does the CEO expect the private cord business in USA to turn around? By the looks of things we may be the last country to
be-fell a Greek tragedy, since we are the dollar. So what does that means for private storage growth worldwide? Where is the profit future in private storage, before the world economy is figured out?
Are stems truly the future? - Definately they will continue to be part of the future. In the near term it will compete with bone marrow transplants as a medical technique.
There are 30,000, - bone marrow transplants worldwide each year.
Since 1987 the (US) National Bone Marrow Registery matched 14,000 receipients.
In light of the current world financial picture- for the forseeable future. Why arent we going after the cords?
There are 4 million potential cords (babies born) in the US each year, with cords of different grade quality. Quite frankly who is it easier to convince to buy our product? The pround parents of a brand new healthy bouncing baby?, or someone who trying to beat cancer?
The sale to the parent naturally has to be before birth- using a "fear" based sales approach. Selling to the dying cancer patient is selling based on "hope."
Do we give more money to Brinks Home Security or to God? When money is tight, do we increase or exposure to risk in order to free up resources for short term survival? (ex- we may raise our auto insurance deductible, to lower our rate, in order to be able to continue to pay our mortgage.)
CBAI is packaging its services as a "Biological Insurance Policy"-nice sounding but lacks substance. When are we most protective of our children? -- Naturally after they are born- when we can feel them hear them - etc. Our protection grows as we are exposed to the fruits of our loins.
So why do we have a business model based on - a " buy it now our you will regret it later" sales approach? i.e - having the parents pay for storage prior to birth.
If 4 million babies are born in the US each year-- and each one of the cords is a potential life savor for someone fighting cancer or other use scenarios, why wouldn't we take a substantial position in the back end of the industry? A potentialy more lucrative end. Why dont we go ask for the cords?
Say the average quality of the stems we would obtain would have a resale market value of 5k (very conservative) as a typical transplant cost 30k. Just 1% of the US cords (40,000), would mean an in the tank - free and clear asset- value for CBAI of $200,000,000 @ what has to be a storage and processing cost of much less than 4k over 20 years.
Why not spend the dilution on filling the tanks with CBAI owned cords? It gives us an immediate bottom line assest.
The only reason CBAI exist is the value of the stems. The only way it will continue to exist is the value of the stems.
Agreeing to an average stem value of each stem is 5k. A current ounce of gold sells for at least 1k. Everyone cord thats not being collected is like throwing 5 ounces of gold in the trash. Why are we allowing this to happen? We have a facility to store the gold. Why not take the gold from the person throwing it in the trash, at the same time educating and potentialy financially rewarding the child/parents.
Would you rather see the company borrow off this asset to do all the oversees things, or dilute? Especially, since now we have a facility. At the same time we build an available stem base for cancer patients right here in the USA. (but obviously available for purchase on the world market.)
Private storage can go hand in hand with owning our own.
Think about this sales structure.
No money from the parent up front for the palcenta and the cord. "no guilt sellng" Instead we say - "Can we have the cord?"
But unlike public storage - we give the parents a piece of the action.
- The chances of a child actually using the stems is actually very rare. What if we made an agreement we the parents, that they get a % of the proceed if the cord is sold. (i.e. sales technique juniors college fund, or seniors boat).
What if we sweetned the deal- we say to the parents, we will hold the cord for 6 months for them if they decide to store they can get private rights for a higher price than had they choose before birth, after 6 months they can purchase at a discount to the market rate for the stems(i.e. deduct the profit they would of made had it been sold.).
Aafter 6 months it could be sold to the cancer patient- At what cost- WHATEVER the market would bare. which for a dying person I sure is alot. I'm not trying to be cold-just talking in an investment sense.
All for a cost to us of less than 4k over 20yrs. Giving CBAI an immediate potential of least a 5k sale, with a hard assest that can be borrowed against. At 4 million births in US alone and 134 million worldwide, the asset foundation CBAI could build is immediate,inxpensive,and continuous.
What do you think having CBAI owned cords in the tanks would do for the pps? And the financial flexibilty of the company?
There is a new pattern developing with CBAI, it is starting to act like a penny.
What causes this is minipulation of the pps. Most pennies are a 1 mans(womans) dream, based on their vision of an emerging industry or a great new product.
Remeber our CEO started as a marketing venture- during the course of the business he stumbled on cord blood. Was it his other business wasnt working, he needed something else? He said he started with the use of credit cards(see the grand opening video).
Where is his genius? Now we are in a situation with CBAI where there is no "credit card" debt( that was eliminated last year, that is what we tout on this board as impressive).
What replaced this toxic debt? It wasnt revenue, it is dilution.( i know old news)
Dilution is the CEO's new credit card.
Thats ok, if it gets the source of the dilution ( u / me) something in return.
What has it gotten us?
- Our CEO and the top 5 control 1 billion shares of a 5 bilion share company.
- We have minor deals with international entities. The total expected revunue for all the deals yearly is 5 million. (see CEO statment)
- We have a half built facility storing around 20k private cords, at an annuity of 2 mill year.
Where has this gotten us?
Here today-- >.0085
Why?
Because we have a CEO who wants to definately suceed, but wants to make sure he gets rich even if he fails. (look at the option count).
Here is what we can expect. --- It will drop to around the .006's
-- there will be a stock buy back using 3 million dollars @ .006 taking 1/2 billion shares off the market, leaving around 4.5 billion shares. Thats for show though. A 20/1 r/s leaves 225,000,000 and 50,000,000 to CEO and comapny. A sale of CBAI at 60 cents a share ( which is a resonable pps for CBAI had they been able to get to this point without dilution) nets CEO and Co. 30 mill or 6 mil a piece. - as dilution is taken care of thru r/s.
All the while spending dilution funds all over the world. Answering to no one , as investors look at Ceo as genius. When in reality he has done nothing to deserve the options or the applause.
In this industry, storage isnt the $ , there is too much of it out there. Our CEO is off spending dilution in Mosel - washing down rabbit with reisling.
When he should be home spending dilution on filling the Vegas tanks with CBAI owned cords.\
I have to admit I went into this stock without knowing the industry very well. I did it for a gamble- it was a little invesment for a potential big gain. I made my profit in Jan when it went to .0197. I'm now on house money. CBAI is more of a sport to me at this time. I thank Lock's research for helping me understand this industry.
As I am wiser to the industry, I can see our CEO is taking this company down the wrong path. For what seems to be very selfish reasons,(extemely high option count/ international junkets for minor deals) as the company seems to have a potential. Remember this isnt his passion, he stumbled upon cord blood, he is a marketing guy.
There is an old commercial, with a wonderful old woman. I wish she was alive to ask the CEO this question,
Where's the BEEF?
I still dont understand why CBAI is not going after ownership of the cords.
Locks through his research has shown this board numerous examples of potential and realized uses of stem cells. There are websites out there that list the names and details of both private and public storage facilities. There are lots of them. Many of the donation facilities have agreements with the hospitals located around the facility to accept the donated cord.
There really is no lack of storage space for cords. I imagine any financial trouble cord storage facilities have gotten themselves in over the past years, has been more to do with supply and demand rather than a bad economy. So CBAI is traveling the world buying these troubled assest, in order to be what?
The "cellular pharmacy to the world"? or the "Worlds largest stem storage facility"? They are two different business models that require a vastly different way to acheieve the goal.
To be the worlds largest storer of cords, implies the CBAI interest is in the annuity. The client base would naturally be the parents of the child chooses to store the cord. CBAI value when then be determined by the cost to store less CBAI expenses.The cost to store over 20 years is around 4k, nominal, which suggest the expense to maintain the facility is nominal. Likely this would mean the supply-demand issue likely wont go away anytime soon, as a client will likely have numerous ways to store their childs cord or moms placenta in the forseeable future.
To be the "cellualr pharmacy to the world" implies a different business model. This title seems to suggest that the profit is on the backened at the delivery of the stem cells. I dont see where CBAI is positioning themselves for this. To be the cellular pharmacy would mean CBAI has something to sell. If they are a private cord/placenta storer, there is nothing to sell from the "pharmacy".
When we review all of Locks research, it would seem the best position would be to own the stems. Why arent we doing this?
There are approximately 11000 babies born in the us everyday. If these stems really are the liquid gold Lock research suggest, why arent we filling the tanks with CBAI owned cords?
It seems that a transplatation of the stems cost around 30k. So say the valu of the stem is a 1/3 of this or 10k. If CBAI obtained free and clear just 1% of the us cords each year (40,150) with an average value of 10k, CBAI would have an assest value of CBAI owned cords in the tank of 401,500,000 less the cost of storage, which has to be well under 4k for 20 years.
This is an immediate assest to the company, that can be resold immediately, generating much needed revenue.
It would seem the offer to young parents, to give the cord to CBAI, with a fiancial reward to the parents if the cord is sold. An the ability to obtain the cord (at a possible discount to the market rate) if available, is a no-brainer for the parents.
I think it would be very helpful if the CEO would clarify to investors, what is CBAI trying to be? His answer would go a long way to help investors understand whether it is best to invest or divest in CBAI.
All IMHO
Someone posted CEO is going to Germany Friday.
Lets see if we have a spike then a sudden pull back prior to Friday. If so three times is a charm. As the same thing happend the last two times he went on a trip
Myth I am very concern about this also..
Thank you for posting this. This hits to the heart of my point, this type of compensation for the results of this company are way out of line-
It cusions the blow of a r/s for the company officers. Shielding them from the risk of dilution, and ultimately enriching them when stems take off while wiping out investor value thru a r/s. The only investors to come out a winner will be those who hold 10 million shares plus
IMO
I will look into the links- thank you for same If this is truly the case that we are at a stage that stems are regrowing limbs.(which i'm not sol they are) It makes my point even more- Why are we spending money all over the world, rather than spending money accumulating the cords? We are in the middle of 2 wars, lots of military and civilians lost limbs. If we are at this stage, then the VA should be beating down the doors trying to obtain stems. Why arent they?
HUH????????????????????????????????
Can you give me the name of one soilder whos limb was grown back by the use of stem cells? If you do your research you will find a miniscule amount of regrowth on a limb from use of stem cells. This use, which would be tremendous, is way way off in the distant future.
It not about public storage, its about CBAI STORAGE.
Its simple-- spend the money OWNING the cord. Public storage means some kind of partnership with another entity, like the goverment or university. Why would we want to do this? CBAI should be trying to own the cord free and clear with no other entity involved, with the possible exception of an incentive package to the parent for giving us the cord?
also, I love those on this board whose only comback to someone raising their concerns, is do your DD and that makes them right. I have done my DD, thats why I'm concerned. Just putting those two letters at the end of your post, doesnt make what your responding to wrong.
I'm not complaining about being in.
I am raising concerns as a long investor. I dont hold the CEO on a pedastal, like some here do. You can be invested in a company and raise concerns, isnt that what an investor should do? Or should he blindly follow the CEO? I wonder what the investors of Enron would say? I'm not here to make a quick buck and get out- but I will play the swings. I can see a swing to 2-3 cents a couple times a year, with a retracement around where we are today. There is no way it is going to sustain a higher level than this with the share structure the way it is and without the tanks being filled in Vegas.
Please save your nuances Locks it makes you look foolish.
Understand the concept. CBAI should be utilizing the dilution to OWN the cord. Obviously this agreement must be complete prior to the delivery. Dont waste my time trying to split hairs with my comments.
The fastest way to TANK a great company is to think the CEO is beyond reproach. CBAI is a public company, it is not the CEO's company. If there is a disconnect between the CEO's stated goals and his actions its is the investors duty to be vigilant to express these concerns.
Yes, it is common practice to award stock options, but awarding 1/5 of the company to 5 people who have not proven they can operate a profitable company, is concerning. No one sees where this is out of line?
I am not a "get rich quick investor" -- I have been in since the 5's. I am concerned as I do not see real progress toward the stated goal. I beleive in the stated goal, I am concerned about the route being taken. If cord stems are the miracle that many seem to think they are. Why arent we OWNING as many as we can? Instead of international plane fares, hotels and resturants. Why arent we hiring employees to go to the hospitals and ask the young couples for the cord. Each cord is potential worth of up to 30K. We wouldnt need to charge the couple anything. The cord could then be sold to whoever wanted to buy it. In order to make it a no-brainer for the young couple, offer an economic incentive when the cord is sold. With a cost as we know of 4k or less over 20 years. This is the revenue stream leading to profitability. We now OWN the cord. If stems are being used today, then there should be immediate profitable revenue.
I would like someone to educate me as to how this pps can go much higher than possibly a nickel with the CEO controlling 480 million options, without a major share correction- i.e. a r/s. The CEO said he has 3million to preseve investor value. If we think this is the bottom and just waiting for news to go to the moon. Why hasnt the CEO bought back 333,333,333 shares? That would not doubt help fuel the rocket. IMO there is no way this pps can move any higher than a nickel, whithout this being adressed, because there is no way a CEO is going to have paper worth of 480 million.($1.00pps) in an industry that wont hit 15 billion until 2015.
Investors should start putting pressure on the CEO regarding what is going on.
The CEO has traveled extensively and what is there to show for it? A POTENTIAL of 5 million in revenue starting next year. What has been the cost of this? 5 million dollars in revenue is NOTHING! The best partnership- the China agreement is only good for 5 years.
The March investor video of the lab. Shows a lab in half a** shape and a group of employees in jeans and t-shirts on a business Monday.
If the goal is being the Cellular Pharmacy why arent we going after the cord? If these cords are liquid gold, and can be resold for 30k, then why isnt the CEO concentrating on filling the tanks in Vegas, with CBAI owned cords? Everyday a child is born and the cord is discarded its a potential of 30k lost. Why arent we spending our dollars in the hospital convincing moms to either store with us or give the cord to us? The $ is in the ownership of the donated cords, why arent we going after them? It only cost less than 4k to store them for 20 years!
Instead or CEO and wife are flying all over the world, making what accounts to very minor deals. At the same time between the CEO and his wife they control options on over 1/2 a billion shares. The next there officers control nearly 1/2 billion. In these options the officers have cushioned themselves from risk. And has opened the door for stock minupulation.
This is the dilution that matters. Investors should start pressing the CEO for hard answers as to why he and the top officers have been awarded so many options, the revenues DO NOT justify this, and why he has been on a worldwide travel spree, with paltry results, while the tanks in Vegas sit nearly empty and everyday hospitals around the country are throwing away the cords. The money in this business is who owns the cord, not who owns the tank. Instead of making minor business agreements, why not start making agreements with expectant mothers. CBAI could pay the mother(or child) 5k for a donated cord when the cord was sold, and still have 25k in revenue when it was sold.
I ask investors, as I am a millions plus one as well, to start putting pressure on the CEO to justify what he is doing as it goes against his own vision to be the celluar pharmacy of the world.
From an investor stand point they are diluting.
This board seems to make too much of the nuances of this subject.
Any time a company pays for something with anything other than with profit, they are diluting. The form it takes, weather stock shares or borrowing, or any other form, it still has the same effect to the shareholder value, it decreases it temporarily, or in the future -depending on the form of dilution.
The only important discussion of the subject takes place in terms of the relative value of the dilution in relation to its risk.
From an investors standpoint, if CBAI diluted shares to raise 5 million dollars to upgrade the corporate offices, this would only make sense if the relative value of the expediture was greater than the cost of dilution. It likely wouldnt be and the investor would have cause for concern.
Luckily CBAI didnt do this. Instead they have diluted in order to get a facility and to enter into business relationships with various domestic and international companies. With the goal of becoming the "cellular pharmacy of the world."
This is an worthy goal relative to what seems to be the pogression of segements of medicine towards the use of these products.
Thru this dillution CBAI investors have received a facility, several employees, 5 million dollars(as best we can ascertain) worth of business relationships with other entities.
What has been this cost? this can only be answered individually. This cost is realtive to your investment position and goals. If you bought at .003 and wanted to double your $ then dilution has been a good thing. If you bought at .089 and are happy with gains to .0095, dilution is good. If you bought at .003 and are holding for gains to $1.00, dilution may be a concern.
As a millions shares plus investor, to me, there seems to be a concerning disconnect between CBAI goals and its actions.
CBAI wants to be the global celluar pharmacy. A goal I have put my investment dollars towards as I beleive in the goal. My concern is the execution plan. The name implies it would funtion just like Walgreens pharmacy. CBAI would have on stock a number of tissue products, DR's. would call up and order them- for a price. In the 30k range.
My question is why aren't we accumulating product? We have 24000 cods in las Vegas- private cords. these are irrelevant towards the stated goal of the company as there is no profit in use. Everytime a baby is born and the cord isnt save its is a potential 30k loss. Why arent we going after these cords?
Why cant CBAI spend the dilution being active with expectant mothers offering to store the cord? How about this approach.
CBAI will take the cord at no upfront cost unless the parent chooses to store the cord. If not CBAI gets permission to take the cord and will keep it, give the parents a three month window to choose to stored the cord at a slightly higher price than the original offer. After three months, if the parents choose not to pay the cord could be sold on the open market. If the parent at some point wants to access the cord after three months, if available, they could at the market price. If its available why not give them the exact match? This preserves the cord, and gives the parents breathing room as to the cost. If they choose not to personally store, then it fills the tanks for potential 30k cord sales at a cost of 4k over 20 years - the cost of private stores- 1 sale covers the cost of 7 stores, but this number has profit built in. The real cost of storage is lower.
Instead we are what seems to be buying into locations with potential, but not alot of product on hand. This doesnt move toward the goal of the "cellular pharmacy." At the same time our upper management has been awarded nearly 1-billion options. We the CEO receiving 480 million.
Does anyone here really believe with the current share structure a pps of .25 which would alow our CEO paper value to be worth $120,000,000, is realistic, with our current businees plan, and 5 million in potential revenue- in a 8 billion dollar industry? Those who think yes - good luck to you. Those who dont, play the swings, you'll make money. Dont wait around for a quarter, because it ain't goin' to happen with this share structure and the current business plan of private storage.
Thanks karin for posting the video...
I think this is my last post. I thnk I can only post 3. I do disagree with you on your take on the video. The are trying to get a microbiologst- they are trying to get a "fuel Man" out there then theh Dr. complains about the medical supply company they purchased the equipment from.
I think all who watch the video can decide for themselves. Is this the state this lab should be 6 months? Just asking? The signifigance of the files is important as there are 24000 people storing their childs potential live saving treatment in the lab-paying for this. If I was a parent storage my child cells , I would be very concerned about the state of the lab, it should be a sharper operation by now. # 1 for this company should start there not China, Germany, South America or California. A tree grows from its roots up, not branches down. The lab is not being built out in 6 months-- the clean is room for fat tissue and placenta is being built out in 6 months. Revenue from these sources is a long way away!
Dilution isnt last years issue it is last year and this years. Dont confuse honesty and openess with approachability. I am not questioning the CEO's integrity. If I was concerned, I wouldnt have over a million shares. I do question though the large quantity of options he and the managers have. If a pps of a dollar in five years is not thinking long term, I dont know what is. What are the boards thought on what an acceptable pps should be in 5 years when the industry has matured to 15 billion dollars and CBAI is the largest storage company. Can you tell me any other CEO in a 15 billion dollar industry whose options are worth 1/2 billion dollars? How about worth 250 million? thats a .50 pps in 5 years. How about 125 million? Thats a pps of a .25. A dime is 48 million? My point is if anyone thinks this stock is going to take off without this being addressed imo is misguided.
I have done much DD and continue to do so, I wouldnt have bought without doing same.
As investors we should not follow a CEO blindly. Especially in this type of company, when the investors are literally paying the bills.
FYI-- I have been to all the sites Jay mention and I have emailed the CEO regarding same- he never responded.
I am definately not a basher of this stock. I am not a lemming either. The CEO should be accountable to facts.
The computer I am on right now blocks youtube...
but just go to you tube -- search CBAI-- go to options choose this month-- scroll down a little , you will see the DR. in a green polo standing in the lab, its about 8 minutes long.
--- I dont see your date conflict--- grand opening was 1/22/10-
--- on and earlier video interview (cant give you the link right now , CEO advised lab was opened dec 09
--- the dr on the video advised the stems arrive about a month prior to the video. the date of the video is 3-29-10 released beginning of april.
first time poster I hold million plus shares..
I definately believe this stock / company has a large potential.
I am very concern about what managment of this company is doing.
I definatley agree with posters that believe it is the CEO is the one selling shares and manipulating this stock. The MM's are not affecting this pps.
This stock runs up, then suddenly has a big drop. The CEO then goes on a trip. It seems very obvious where the funds for the trips is coming from, he is selling! This may or may not be appropriate. However it should be understood honestly on this board. In my opinion CEO should be held more accountable by the sharehholders for this practice.
I have another concern about the focus of this company. I am confident the business model has change and they are moving away from private cord storage into the potentially more lucrative, donated (note I didnt say public) stem storage- from diverse sources. This has to be done as the $ is in the reselling of the stems not in the storage.
There is a very intersting video on youtube.(find it by searching CBAI on youtube for this month- look for the Dr. in a green shirt) shot by and investor unknown to me. This video show a lab that has been open since late 09' (the grand opening) was the official but it was open prior to this.
On the video The Dr. reveals ther are 24,000 cords being stored
at the facility and they have been their since late Feb 2010.
There is an important processing machine that is not working at the lab-- this is a critical piece of equipment for the testing of the sample. Which means cord are not being process at the time of the video. or they are being process improperly. Watch the video closely. Study the video is this lab and the management ready the world leader in stem storage/ cellular pharmacy. After being opened 5 months, I would hope the files would at least be filed by now. How many people do you count in the video? the video was shot on a normal business Monday. How are they dressed?
What kind of activity do you see going on? Does this look liek a company moving towards global dominance of the stem cell industry?
I dont disagree with the acquisition strategy. However I think CBAI management needs to get their own house in order, prior to buying other houses in disorder.
I have a third concern that the CEO has options for 480 million shares. This is way out of balance, and is the catalyst for the selling of the shares. I would think that all of us heavily invested would expect the share price to be at least a dollar by the time this industry hits 15 billion in 2015. If the share structure stays the same, there is no way we can get to a dollar in 5 years and maintain or current shares. As if we did our CEO would be worth nearly 1/2 billion dollars or 3 % of the entire industry. THIS IS NOT GOING TO HAPPEN. The real 800 pound gorilla in the room is the management options. The top managers and the CEO's wife's options account for nearly 1 billion shares. This must be corrected by shareholder pressure. As if it is left up to the CEO, I have no doubt it will be corrected at some point by a reverse split. The only ones who will be protected from this will be the management, as they are the only ones who have enough shares to weather what may be a signifigant r/s.
I beleive in this company's vision, and will maintain my position, and likely add to same. I do beleive the CEO should be held more accountable for the PPS fluctuations, and not be put on a unreproachable pedestal. At the grand opening , the CEO admitted he began by using his personal credit cards. The same credits cards are being used, this time it is in the form of shares, and the CEO thru his options is cusioning himself for the inevitable bill thats coming due. Has our CEO performance justified this amount of options? What the video- is this were you believe the lab and professionalism should be at this point? This cushion of risk thru options our CEO has created for himself, and management should not be taken lightly by the shareholders. IMHO