Retired CFO
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No news flag though?
Morning all. It showed up on Fidelity also.
That is so true. LOL
Everyone is an expert on running a publicly traded company. And maybe they are better suited to do that than try to run ours. I sure don't want CBAI paying any attention to some of these people.
The only shameless thing happening related to CBAI is your wasted posts that Ihub forces me wade thru. And our CEO is no moron but you are a moron for calling him one.
We must be getting ready for another run since the bashers are taking so much time here today.
We could get 1Q info anytime between the end of this month and the middle of May. I would say it will be 3Q before we might be cash flow positive. For a young company cash flow positive IMO is a better measurement than earnings. Positive earnings could happen 4Q this year but more likely early next year. Top line revenue growth is what Matt has said over and over is this years priority and so far IMO he is making good progress towards that but has the money to do much more. GLTA Longs
The CEO is doing a great job. Since he started this company from scratch he has every right to be a significant shareholder IMO. If you don't care for his actions you have to right to sell. That's what I would advise.
Hopefully the MM's are as bored as us and will let this thing run soon to get there heart beating again.
The Aria was nice. But Joe stayed at the Bellagio and after going there I liked that better. But the Aria was nice as you saw. We had a good time for sure didn't we Locks? I hope everyone makes it to the annual shareholders meeting next year. We promise you a good time.
My question is since Ihub didn't file for bankrupcy, isn't the new owner responsible for any losses incurred by shareholders that were members of Ihub during the scam?
Just too much stress around here lately IMO. Time to get back to intelligent discussions on the merits or issues with CBAI. I for one have the utmost confidence in Matt and his leadership. I can't find fault with anything he has done since I invested. This is still the closest thing to a sure thing I have found. Period. GLTA and Nite.
I was close.
Cumbiya. Cumbiya. Lets have a fest? You sure Myth?
If I was in a fighting mood I could give you several companies that are legit totally but still have the bashers. I know there are a lot of pinkies that are scams, but I was actually coming at it from a different perspective. Sorry.
Does anyone have an answer or thought about this question? It's very intriguing to me. My theory is at least 30% of the trades daily for CBAI are between the MM's. So from that I think not a lot of buys and not really many sells. Kind of a stalemate. Thoughts?
I love a love feast. Lets all try cumbayi (sp?).
To who? I thought Matt had been around until lately? I hope the new owner will be a little more sensitive to real investors. So much bashing over and over and over again on some of these boards it makes one wonder? Thanks.
Has Ihub been sold or does Matt still own it?
Here is something for all to ponder. We had two billion shares days back to back I think. That's a lot of shares. But when we got the 2009 10K we found there were no beneficial owners. How is that possible?
Yep. People would be surprised at the accounting tricks that are legal and go on with major corporations much less small ones during the quarterly close (especially year-end). You have to be creative and this year CBAI has a new model and hopefully we start seeing the benefits in the 1Q 10Q. And IMO the 1Q 10Q could come out anytime between the end of April and the middle of May. Historically the 10K has come out the middle of April but this year they released it the end of March. So time will tell.
Legally no. But it expired at the end of March anyway and CBAI has provided for the cost if in the end we have to pay it. But from everything I've read and heard it's doubtful we will lose and eventually the $350K charge could be reversed which would fall directly to the bottom line profit.
Matt did clear up the royalty payment that ended 3/31/10 in the 10K. That royalty only applied to Cord Partner cord blood revenue and he has a $350K accrual sitting on the books for that which could very well be reversed at some opportune time if it's finally decided the money is not owed.
I suggested to Matt that he accrue any expected cancellation charge for ending the PCT contract in the 4th quarter but from reading the 10K it's not clear if he did or not. Doesn't mean he didn't. The actual charge should be included in the 1Q 10Q.
Mr Long, I don't want to argue with you. I looked at Stemcyte and didn't see anything about public storage. On top of that, since it's not a publically traded company it would be impossible to know if they are making money or not. I have confidence Matt knows more about running a stem cell company than you, me, or anyone else. So I'll trust his judgement.
What we need is for a beneficial owner to come in. I was surprised to see in the 10K that there aren't any beneficial owners other than the Executives/Directors. Come on BCBS, step up to the plate and buy 500M shares.
The Ask is up. Must be some strong volume coming in. I noticed we are on about five trading alerts this morning. GLTA
I agree Locks. I think there has been little if any dilution but we can tell as CBAI files often and follows all SEC guidelines just like any Big Board stock. No hidden secrets here IMO.
I can deal with that. We will see soon as the 1Q filing could come out at the end of April or no later than May 15th.
Posted by Locks on another board. Matt is the CEO of CBAI who is doing the consulting for this project for AXMP.
Questions and Answers with Matt Schissler 4/20/2010
Matt can you tell us if AXMP.PK has a license to store cord blood in China?---------------------------------------------------------Ans: not yet. it has licenses with health for pharmaceuticals. We wouldn't have entered into if we didn't feel comfortable that it will. it takes having a lab and it being inspected>>>all that stuff to get the official license
I'm going to email Pinksheets.com and the SEC and ask why this stock is still trading when they don't even have a business license to operate in the State they are incorporated in. I'll let everyone know what they say. To me it belongs on gray sheets.
It's just business. We get more info than most companies release about deals. You think IBM releases the details of every deal they close? Not.
But it could very well be a deal with this company which is actually publicly traded. If this company is at the point of bringing products to market they will need lots of donated stems. We could be there warehouse? Just poking around looking.
http://investor.osiris.com/
Man, when Locks gets home he's going to be busy DDing this announcement. LOL. Read this. And especially the last few sentences.
ScienceDaily (June 23, 2009) — A groundbreaking study conducted by Children's Hospital & Research Center Oakland is the first to reveal a new avenue for harvesting stem cells from a woman's placenta, or more specifically the discarded placentas of healthy newborns. The study also finds there are far more stem cells in placentas than in umbilical cord blood, and they can be safely extracted for transplantation. Furthermore, it is highly likely that placental stem cells, like umbilical cord blood and bone marrow stem cells, can be used to cure chronic blood-related disorders such as sickle cell disease, thalassemia, and leukemia.
The study, led by Children's Hospital & Research Center Oakland scientists Frans Kuypers, PhD, and Vladimir Serikov, PhD, will be the feature story in the July 2009 issue of Experimental Biology and Medicine. The doctors and their team made the discoveries by harvesting term placentas from healthy women undergoing elective Cesarean sections. "Yes, the stem cells are there; yes, they are viable; and yes, we can get them out," declared Dr. Kuypers.
Stem cells are essentially blank cells that can be transformed into any type of cell such as a muscle cell, a brain cell, or a red blood cell. Using stem cells from umbilical cord blood, Children's Hospital Oakland physicians have cured more than 100 kids with chronic blood-related diseases through their sibling donor cord blood transplantation program, which began in 1997. However, according to the American Cancer Society, each year at least 16,000 people with serious blood- related disorders are not able to receive the bone marrow or cord blood transplant they need because they can't find a match.
Dr. Kuypers explained that even when a patient receives a cord blood transplant, there may not be enough stem cells in the umbilical cord to successfully treat their disorder. Placentas, however, contain several times more stem cells than umbilical cord blood. "The greater supply of stem cells in placentas will likely increase the chance that an HLA (human leukocyte antigen) matched unit of stem cells engrafts, making stem cell transplants available to more people. The more stem cells, the bigger the chance of success," said Dr. Kuypers.
Drs. Kuypers and Serikov have also developed a patent-pending method that will allow placental stem cells to be safely harvested and made accessible for transplantation. The process involves freezing placentas in a way that allows them to later be defrosted and suffused with a compound that enables the extraction of viable stem cells. The method will make it possible for companies to gather, ship and store placentas in a central location. "We're looking for a partnership with industry to get placenta-derived stem cells in large quantities to the clinic," said Dr. Kuypers. He adds that much more research and grant funding are needed to explore the maximum potential of this latest discovery. He remains encouraged. "Someday, we will be able to save a lot more kids and adults from these horrific blood disorders."
So the way I'm reading the announcement, CBAI has entered into a deal with a company that is developing theraputic uses for placenta stem cells and CBAI is collecting and storing them for later use for that company? Anyone agree or disagree? Just trying to put some understanding to this deal.
Kind of like owning most of the oil wells before we started using oil. Only a matter of time IMO.
Good try Mr Long. But there is one major problem. Not for profits can't make a profit. You have another?
Coriell Institute for Medical Research
The Coriell Institute for Medical Research is an independent, not-for-profit research organization dedicated to understanding human genetic diseases and providing the highest quality genetic resources.
I asked you this before Mr Long and you never responded. Tell me one company making money today storing public stems?
The orchestra is playing the death march for this stock.