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hmmmm........ prophetic??
Posted by: hckyguy Date: Saturday, February 28, 2009 5:16:33 PM
In reply to: moneyhungry10 who wrote msg# 29877 Post # of 30096
We just went through a company buyback which lasted through Thursday. Expect that there will be PR's next week re: military tx's. When the PPS goes to .0002 we'll see those shares put back into the market to raise cash, IMO.
40 million what?? There were 23.4 million shares traded today so I'm not sure what you are referring to. BTW, that is a whopping $2,340 -- totally meaningless for a full day's trading! I have 20 Grand in this stock, and I am beginning to get angry Steve!
The word from the person who does the cc's is that Steve is sick, so he can't set-up a cc date. I think I remember that he was sick on the last cc and used that as an excuse why he didn't have the answers at hand. Maybe it is the thought of having to interact with those he has lied to that makes him get sick? Hmmmm.........
That's not exactly a great reason to vote yes. I am long and would not consider allowing a dilution of that magnitude. If this vote goes through many many longs will be selling and heading for the hills before the massive dilution of shareholder value takes place by the dumping of billions of shares into the marketplace. Your shares will be worthless if you vote yes, IMO.
92 million shares traded and up over 40% isn't good enough? If you've got other stuff doing better PLEASE fill me in!!!! lol
It is the A/S that we are voting on. Once the shares are authorized they do not need shareholder approval to turn them into O/S. This is the only opportunity to speak our minds on this -- IMO you have to vote with the thought that all of those shares are going to be O/S at some point.
Adding more to the O/S dilutes the interest that current shareholders have regardless of what it is used for. The number of shares that they are seeking to authorize, if they were ever to be dumped into the O/S, would make our current investments worthless.
Last Wednesday he said "Interview date is coming shortly. I will give out the date of the next interview sometime on friday. Check back soon. Thank You."
But, there was nothing posted on Friday, or today as of yet.
Careful... letters MAKE a difference! It is the A/S they are asking for a vote on, not the O/S!!
I agree Rick - starting to get a not-so-good feeling about the lack of communication.
Jimfab is my new Master of investment advice - to be able to figure out the entire stock thing in just three weeks, are you kidding me?!?!? It has taken me many years and I still am scratching my head sometimes! We all need to bow to the Master and wait on the next pearl of wisdom.
As I said last week, if you are here as a long then there are great things ahead! Those who were just looking to make a quick buck are probably disappointed, as they decry their investment miseries.
Go figure!! LOL
Hey, I am up 400 on this stock today -- sure it could always have been better, but I'm not complaining!
LOL... based on your infinite experience I suppose? I bow to the Master who has been investing for all of three weeks now and has all of the answers!
MM's trying to cover their losses on their shorts maybe?
Agree with your closing points Alibi!
It is easy to get wrapped up in debate on embryonic cells, I am happy to discuss the merits and drawbacks. But this forum is for the discussion of CBAI related issues, and I believe by engaging in those debates we are only clouding what the company is really doing, which is far from controversial.
All is good.
No way, that's not what I am saying at all. I believe there is tremendous potential for pps movement, longterm, and that is why I am invested. Lifting the ban however, will be of no direct help to CBAI in terms of federal funding - but it will be in terms of raising awareness. Bottom line -- if you are long here I think that you will reap benefits.
Folks, you all need to do a little research and DD here. President Bush's EO banned one specific type of research, that done on Embryonic Stem Cells. CBAI has absolutely nothing to do with storing, researching, or anything else on EMBRYONIC stem cells. Lifting the ban will not affect what CBAI does at all! It will, however, let everyone think that they should rush into an investment opportunity, that quite honestly, has been there all along.
What does ANY of this have to do with CBAI? This is a company that deals with storing CORD blood, which you cannot get until a baby is delivered!!! There are NO moral or ethical questions regarding this!
If you were an investor and had signed up for email alerts from the company then you would have received it as well.
It seems you are under the impression that selling shares is a prerequisite to getting non-dilutive financing, it is not. Non-dilutive financing is obtained by going to creditors and convincing them that you have a product and reputation significant enough for their organization (be it a bank or a financier) to loan you money. THAT is the way businesses are grown, not by making more shares available (printing money) and making the existing shares less valuable.
I think that you should read my post again. I AM ADVOCATING non-dilutive financing (ie: taking out loans if necessary as you stated) as opposed to the dilutive financing of using shareholder equity to fund new growth.
The best way to grow a business is with non-dilutive financing, not on the backs of shareholders by diluting their investment. Having that financing in place should it be necessary, like a home equity line of credit for homeowner emergencies, is essential to good business planning and growth.
Perhaps I wasn't clear, I agree with you!
Agreed, but the enormity of the shares being requested to be authorized leaves the potential of significant dilution open. We are talking about a company with nearly 1 billion shares looking to authorize nearly 6 billion more. The resulting dilution, if it occurred, would bring a 100 share stockholders value to that of a 17 share stockholder (quick math, please forgive any errors in that!).
No. If you didn't own the stock until the 13th you were not a shareholder on the 12th.
A vote ALWAYS means something! It may not determine the outcome if it is already predisposed to go one way or another, but a vote against or lack of voting sends a message of either caution or apathy to people looking at the results.
The vote is now till midnight on 3/22 for authorized shareholders as of 2/12/09.
Proxy votes went out in an email at 3:54am.
Understandable... releasing news last week could have hurt the PPS.
We just went through a company buyback which lasted through Thursday. Expect that there will be PR's next week re: military tx's. When the PPS goes to .0002 we'll see those shares put back into the market to raise cash, IMO.
Byline on that story has a date of 3/2/09??
Try again, it works for me.
Probably would never show as a bid as long as there were shares on the sell side to fill it immediately.
If you are going to quote the President, you should quote accurately. He said "To relieve the strain on our forces, my budget increases the number of our soldiers and Marines. And to keep our sacred trust with those who serve, we will raise their pay and give our veterans the expanded health care and benefits that they have earned."
rx81 said.. "Very promising times ahead as Obama specifically mentioned increase in spending on health care and went further to discuss military and veterans health care spending."
you replied.. "Who pays you to post those lies?? He did not mention anything about Military Healthcare last night."
Who was more accurate??
Actually, he did - I just went back and checked.... It is at 42:46 of the speech, and you can find it at http://www.nytimes.com/interactive/2009/02/25/us/politics/20090225-OBAMA-CONGRESS.html?hp
What is the IH position on a Board Moderator repeatedly posting recollections of conversations that they supposedly have had with the CEO of the company whose board they are moderating?
Look for it by EOD, according to what they said last week.
look at the sequence of the post numbers, here as well as there... there are MANY gaps - something is not 'kosher'
but there was a subsequent post that was also deleted, as well as your reply to my original one- censorship leaves a lot to be questioned, IMO