Retired CFO
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And Surf, if you can't figure out the website just call the office. They will tell you.
I'm thinking about adding another 10M if it goes below .005.
They are either stupid or lying. They are now seven months behind on the 11/10/09 property taxes and one month past due on the 5./10/10 taxes. Check it out for yourself. Just type in Arete Industries and go from there. Then click on tax detail. You tell me who is right. By now you should know I know what I'm talking about.
http://www.ccgov.net/assessor/online/
Parcel Tax detail
--------------------------------------------------------------------------------
Parcel Number: 42236 ARETE INDUSTRIES
Tax Year:
First Half: Due 11/10/09
Tax Paid 0
Date Paid
Interest
Tax Due $3,584.45
Second Half: Due 5/10/10
Tax Paid 0
Date Paid
Interest
Tax Due $3,584.45
I really don't know Locks. I know they haven't paid there November 2009 or May 2010 property taxes yet. So they are again coming up to a critical point. Something has to happen. Maybe they will update there website to attack me again. But facts are facts.
Hey Locks. Let me give you one more piece of information that most are probably unaware of. For Matt to sell any number of shares he must state to the SEC that there are no unannounced material facts. So if he was aware of a pending lawsuit, something else bad, even planning a reverse split, he's not allowed to sale. If he does it's illegal with criminal penalties. So you can be sure there isn't anything bad coming soon.
Short volume today. I was hoping for less.
CBAI|9592047|30487287
And you think I'm happy with this share price. You say you're down 5% today. My girlfriend and I are down well over $200,000 from the high. But truthfully .02 will be small potatoes for this stock in a year IMO and that is what we are betting on and confident. Maybe me more than my girlfriend. LOL
And I stand by my statement. Lets say he sold to buy a boat. Now what are you going to do? You can't name one executive of a fully reporting company that sold shares and then announced what he was going to do with the money. Not one. Why is Matt different?
If the CEO sold for probably 99% of the penny stocks people follow you would never know. Only because CBAI is fully reporting and open do you know Matt sold some shares. If that makes this stock questionable then I suggest you sell. Executives of major corporations sell sometimes too. People need money to take care of issues and live and Matt wasn't born with a silver spoon in his mouth. I would have preferred he didn't sell any but it's not like he is abandoning the ship.
Cord Blood America Names Managing Director of Its New Stem Cell Company in Germany
Cord Blood America (BB) (USBB:CBAI)
Intraday Stock Chart
Today : Wednesday 23 June 2010
Cord Blood America, Inc. (OTC Bulletin Board: CBAI) (www.cordblood-america.com) is pleased to announce that Thomas Kolzau, Hamburg, Germany, an executive with a strong record of success in the medical, life sciences and bio/pharma industries, has been appointed Managing Director of Cord Blood America's 51 percent owned stellacure GmbH, the third largest cord blood banking service in Germany.
Mr. Kolzau previously served as CEO for a consulting firm which advised on the German health care system and the life sciences industry in that European nation. He served as Head of Sales & Business Development for IBP AG, a leading company in the field of assessment, development, and application of patent-based technologies. With a managed asset volume of over 200 million euros, IBP AG is the market leader in the field of technology development funds.
Mr. Kolzau earned a diploma as a biologist at UKE Hamburg University. He has done doctoral and post doctoral studies in oncology and innovative drug development. He has also served as an executive with life sciences and microarray systems companies as well as companies in the bio/pharma industry.
"We are pleased that such a successful, talented executive is joining us at Cord Blood America. We envision our new German facility as the hub to expand into the rest of Europe, where saving umbilical cord blood stem cells is becoming increasingly popular," said Matthew Schissler, co-founder and CEO.
The selling is done so it won't go down more for that reason. And I do know he hasn't sold his home in California and he has moved into a new home in Vegas. That very well could be what he needed the money for but just speculating. Matt is not a rich man. If you have followed this stock until the Board gave him as the founder of the company the options, he owned less shares than I control.
As a side note cause I think it was interesting. Matt asked me how I knew he sold since the Form 4 hadn't hit Edgars yet. And he was correct. When I checked Edgars it still wasn't posted but it was posted on Pinksheets. And well before it was posted on Edgars assuming it has by now. I thought that was interesting and a good reason to check Pinksheets.
Morning all. I do stay in contact with Matt often and have since last June. But that doesn't mean he tells me anything he's not suppose too. Last night around 4:30pm I checked Pinksheets (I had just got up from a nap) and saw the Form 4 filing. I immediately emailed Matt and asked if he had sold 25M shares. He quickly responded as he normally does and sent me exactyly what I posted. We had additional conversations but I never asked nor would I what the personal reason was for selling. His statement clearly says it was 5% of his holdings. I didn't ask how he arrived at that but could. I think he is including his shares plus his options but it wasn't important for me to check his math as he has never lied to me. The good news is the selling is over and now we'll see if this thing can move up before new quarterly financials are released in mid August. I'm sure though he wouldn't have sold at these prices unless he had a commitment he had take care of. Hasn't changed my feelings on the company at all. Still Long and Strong and have total confidence.
He's done selling. And it wasn't a third of his shares. Read what he sent me again.
The form 4 filed today represents a very small portion, only 5% of my total position with CBAI. It has been almost 4 years since I have sold any shares which, of course, happens at times with public companies. The timing of the sale was because of our strict window period policy that allows management to sell only during certain times of the year. For 4 years I let the windows pass without selling. My sale is no reflection on my confidence in CBAI. I simply had something personal that needed attention. I have, and will continue to, give all my life’s efforts to CBAI. My enthusiasm and unbridled passion for this company and industry are transparent and unmistakable. I have more confidence than ever in our company, our personnel, our business model and our future and I am committed to our continued growth and success.
Short volume today.
ARET|340642|464242
Short volume today was 31%.
CBAI|4222221|13370567
Well since it just recently ended it wasn't in the .008's.
If you check Pinksheets.com you will see Matt sold 25M shares of CBAI recently. Below is a statement from him I just received.
Dew:
See my statement below. At the advice of counsel, it’s all I’m going to say. Just know I had a personal issue that had to be taken care of and its meaningless to my commitment to CBAI. I’ve earned the benefit of the doubt on this one.
The form 4 filed today represents a very small portion, only 5% of my total position with CBAI. It has been almost 4 years since I have sold any shares which, of course, happens at times with public companies. The timing of the sale was because of our strict window period policy that allows management to sell only during certain times of the year. For 4 years I let the windows pass without selling. My sale is no reflection on my confidence in CBAI. I simply had something personal that needed attention. I have, and will continue to, give all my life’s efforts to CBAI. My enthusiasm and unbridled passion for this company and industry are transparent and unmistakable. I have more confidence than ever in our company, our personnel, our business model and our future and I am committed to our continued growth and success.
All the Best,
Matthew L. Schissler
Chairman & CEO
Well you should have sold your other POS NWTT. Amazing the peeps that buy a non-reporting POS and then attack a fully reporting CBAI. Speaks for itself about the value of your opinions.
Cord Blood America News
--------------------------------------------------------------------------------
Cord Blood America CEO Matthew Schissler Explains Las Vegas Move
Posted: 18 Jun 2010 04:00 AM PDT
Nevada now has a prime spot to recruit companies, such as Cord Blood America, to move to Southern Nevada
By Richard N. Velotta
In Business reporter
Fri, Jun 18, 2010
Glenn Christenson, head of the Nevada Development Authority board, says hard times make it necessary to share resources, such as the new booth at the Las Vegas Convention Center.
Matthew Schissler used to ponder moving his company to Las Vegas during his long drives from Southern California to the Las Vegas Convention Center, where he frequently attended trade shows.
The chairman and CEO of Cord Blood America Inc. was at the Convention Center again last week. But this time, he was Exhibit A for the Nevada Development Authority's and Las Vegas Convention and Visitor Authority's joint announcement of the development authority manning a booth to recruit visiting conventioneers to set up shop in the state.
Development authority President and CEO Somer Hollingsworth's unbridled cheerleading for Southern Nevada and convention authority President and CEO Rossi Ralenkotter's constant reminder that "Las Vegas means business" might come across as being a little over the top. Put them next to Las Vegas Mayor Oscar Goodman and his showgirls with hundreds of conventioneers at the Convention Center and it's easy to dismiss the whole thing as a big publicity stunt.
But get someone such as Schissler to say a few words to explain how and why he moved one of the largest umbilical cord blood stem cell preservation companies from Santa Monica, Calif., to Las Vegas and the cynicism melts away.
Had Schissler seen a booth such as the one the development authority has at the Convention Center, he may have made his decision to move here a long time ago. He started having ideas about it a couple of years ago on one of those I-15 forays. Today, he has a 17,000-square-foot cryogenics laboratory, a stem cell lab and a vision to develop a biotechnology incubator program to attract similar companies to the state.
"It made a lot of sense for me to be here because I was coming here at least once a month to meet with some of these companies at trade shows," he said. "For us, it was great because we have easy access to the airport and the transportation in and out of here (for shipping materials) is so easy."
The new booth at the Convention Center is a 16-by-8-foot space with three video monitors playing fast-paced loops of scenes of Southern Nevadans at work and at play. In the center of the booth is a sign that boasts that Las Vegas has the "best business climate in the U.S."
Schissler also praised the development authority for steering him to the state incentives that enabled Cord Blood to get tax abatements and deferrals for moving to Nevada. A representative of the Nevada Economic Development Commission, which operates the incentive program, also was present at last week's booth rollout.
The new booth made its debut during the three-day International Communications Association's Infocomm 2010 trade show that expected attendance of about 32,000 people. Randal Lemke, executive director of Infocomm, said his organization was honored to be the first show the booth was a part of.
The development authority expects to put up to four of its workers at the booth and they can man the booth whenever they want. Hollingsworth said the current plan is to staff it as much as it can.
The beauty of having a booth is that if a company has an interest in the area, the development authority can drive executives out to see whatever they need to look at if it helps them make a decision.
So why didn't the development authority and the convention authority collaborate on such a thing a long time ago?
The answer lies in today's tougher economic times. Glenn Christenson, who heads the development authority's board, said when times were good there wasn't as much urgency to recruit companies to move to Southern Nevada. Hard times have proved that the area has to diversify its economy with businesses that have nothing to do with gaming or tourism to protect it from downturns.
Christenson said in today's environment, every new company helps. The same attitude prevails at McCarran International Airport, where Aviation Director Randall Walker used to have some disdain for passengers who connected to other flights in Las Vegas because they didn't spend any time or money in the city's resorts. But today, he acknowledges that every passenger is valuable because they contribute at least something to the tax base.
The development authority says it has found California to be fertile ground for luring businesses because of its high taxes and what it calls its overbearing regulatory environment. The development authority is notorious for advertising on California's turf to persuade executives to give Nevada a look and a new batch of ads have begun airing.
But if the development authority has a no-rent booth at the Convention Center and someone such as Schissler to make a pitch, it may not even need to advertise much.
Schissler even has some advice for cold-climate-based companies that could benefit from some sunshine: "When it's raining sideways and it's 30 degrees, it's time to call the NDA," he said.
More of the same
Visitor numbers, convention attendance and average daily room rate inched up a little in April, but gaming revenue was down for the month, an indication that travelers are finding their way to Las Vegas, but leaving their money at home.
Visitor volume was up from last year 0.9 percent to 3.2 million people for the month, convention attendance was up 2.9 percent to 426,697 and the average daily room rate was up 3 percent to $96.87 compared with April 2009.
It was the second straight month that all of those indicators were up.
Meanwhile, the city's occupancy rate was down 4 percentage points to 84 percent, a reflection of the increase in room inventory, which was up 5.9 percent to 148,891 rooms.
Traffic on I-15 at the California border was off 1.1 percent to 40,619 and the number of airport passengers fell 5 percent to 3.4 million. Meanwhile, traffic on all major highways to Las Vegas was up 2 percent to 89,616 vehicles. That shows that other markets ran a little stronger than Southern California in April. The offset in air traffic is partially a result of fewer passengers connecting to other flights in Las Vegas as a result of the pull-down of flights by US Airways.
Clark County gaming revenue fell 6.1 percent to $690 million for the month with Strip revenue off 0.9 percent to $437.3 million, downtown Las Vegas off 9.1 percent to $41.2 million and Boulder strip down a whopping 25.5 percent to $56.8 million.
Maui flights
Honolulu-based Hawaiian Airlines will begin twice-weekly nonstop flights between Las Vegas and Maui beginning in October.
Hawaiian, which currently has 18 flights a week between Honolulu and McCarran, will begin flying routes to and from Kahului Airport on Oct. 3. Flights will leave Las Vegas on Sundays and Wednesdays and return from Maui on Mondays and Thursdays.
The airline will use 264-passenger twin-engine Boeing 767-300 jumbo jets on the route. The airline is taking delivery of three new Airbus A330-200 jets later this year, giving it more flexibility in serving the Las Vegas market, executives said. A spokesman said one of the new Airbus planes would be committed to a Las Vegas route when it arrives.
"We've known for a long time how popular Las Vegas is with Maui residents, so we're pleased to offer this new flight to address that demand," Peter Ingram, executive vice president and chief financial officer of Hawaiian, said in a news release. "At the same time, we believe the convenience of this new nonstop service will boost visitor traffic to Maui, as Las Vegas is home to so many people with strong ties to the islands as well as a busy hub for flight connections on other carriers."
Boyd Gaming Corp., which operates several properties in Las Vegas, has successfully marketed its brand to Hawaii residents for years.
Maui is unserved as a nonstop destination from McCarran and it would become the 134th nonstop market at the airport. Aloha Airlines, which discontinued operations in 2008, once flew the Las Vegas-Maui route as did US Airways.
The new Maui flight will leave Las Vegas Sundays and Wednesdays at 6:25 p.m., arriving at Kahului Airport at 9:25 p.m. Return flights leave Maui Mondays and Thursdays at 8 a.m., arriving at McCarran at 4:35 p.m. Las Vegas arrivals and departures will be about an hour earlier when Pacific Standard Time takes effect.
Hawaiian didn't announce any fares, but in a quick spin through the hawaiianair.com website I found a round trip from Las Vegas to Maui for $351.60 in November.
Immigration
Immigration reform supporters and Las Vegas Convention and Visitor Authority critics were quick to jump on comments made by authority President and CEO Rossi Ralenkotter at this month's board meeting.
Ralenkotter said the authority's legal resources would be used to fight efforts to put an initiative that would enable voters to consider the Nevada Immigration Verification Act on the 2011 ballot. The initiative was supported by defeated Republican U.S. Senate candidate Chad Christensen and mirrors Arizona's controversial immigration reform legislation signed into law earlier this year by Arizona Gov. Jan Brewer.
Because organizations have responded to Arizona with boycotts and convention cancellations, Ralenkotter and tourism leaders across the country are nervous that their lawmakers could be the next to adopt immigration reform that could lead to boycotts of their states.
Critics questioned whether the authority board — a quasi-governmental conventions and tourism bureau comprised of private-sector leaders and elected officials — could fight an initiative because it's funded by room taxes.
Spokesman Vince Alberta clarified that the board can't challenge the concept or ideology behind the initiative, but it can challenge the validity and legality of the proposal. It also can't run ads against the initiative.
So the authority will have to walk a thin line in how much it can do to keep the initiative off the ballot.
Ralenkotter said Phoenix has lost more than $90 million in convention business this year as a result of boycotts and protests against the state. With convention and trade show business finally starting to pick up in Nevada, Ralenkotter said it would be detrimental to Las Vegas for Nevadans to approve similar immigration reform
Wow. Why don't we just send all prisoners home so we can cut our costs. That makes sense. Unreal.
I agree. The fundamentals of this company are sound and each quarter the performance in terms or revenue and eventually profit will move the PPS no doubt. You really just have to ignore the current PPS if you are Long. The share price will eventually reflect the true value. A run could happen any day if the MM's decide it's time. One thing about a penny stock is it can move 200% or more in one day and that is what I expect here. Happy Father's Day Booger and all.
FINRA posts all short volume daily about 6pm est. Here is the link for Friday's short volume. For another day just change the date in the web address.
http://regsho.finra.org/FORFshvol20100618.txt
But it just doesn't seem right that he is still working for Ihub or was until recently.
I was thinking the same thing. Scary. Does that mean we're going to nothing? CBAI worthless? I think I'll trust the fundamentals over charts on this one and stay LONG.
Mostly short sells today. 83%.
ARET|244600|294600
Short volume was 31%. All have a great weekend. Maybe we get news next week.
CBAI|6125083|20047135
30%
CBAI|9277162|31005533
Me too Booger. In my vision I saw the sharks getting fed the cheap shares they have been wanting then moving away satisfied. Then a move up.
And now he is gone. Damn.
Million share buys and no movement for Raja. I would say Raja bought at least 6M shares so far. Hopefully he wants 100M. That was in my vision too.
I'm thinking the same thing. Raja is Raymond James.
I had a vision.
Thanks for that post. It was helpful to understand what a short can be sometimes which is different than I understood. I think as of yesterday we haved moved to Plan B on stopping this short attack. I'll call it Feed the Sharks so they are no longer hungry. If I'm correct, I expect us to trade at these levels a little lower a little higher for a week or so. Then we have a run.
Short volume today wasn't as bad as I expected at 23%.
CBAI|10665865|45141503
Lots of support at .0060. Six on the bid and one on the ask (Auto).
We've had four Buy Alerts on CBAI this morning per Pinksheets.com.
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The only S1 that may be submitted again is the Optimus deal. But Matt won't submit that unless our share price is at least .02 IMO. That's the $7.5M preferred deal.
I think Booger is asleep in his chair.
But if they are still shorting it they hope to take it lower. Like I said before. They expect some shares to flood the market due to the S1 being approved. But I think Matt's not going to feed them As he said recently, CBAI is cash flow neutral.