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I wanted to check out the post regarding extra charge to buy CBAI. Ran a buy test this AM and was charge the regular Etrade $9.99. It looks like the stock is back to normal trading at my end.
Letting folks know CBAI cleared in my 4 Etrade accounts. Lets see how this plays out today. Could be interesting.
I'm not here to bullsht. This info came form an Etrade representative. I suggest cbai investors call their brokerage companies and see if you can verify what Etrade is saying. It would be nice to hear the news from other sources.
On a positive note it appears the "swing date" for the share conversion is tomorrow. As per Etrade they have notification from DTC which gets the date from the transfer agent. As I understand Etrade will see the new shares listed on the DTC board and can start the process of converting their Etrade accounts. I was told that it may take until Wednesday to update trading accounts but tomorrow starts the process with DTC. Obviously we are seeing new posters here so maybe the news is slowly leaking out. By the way Etrade is a market maker in CBAI.
Another new low today. Feel the love!
We all would be richer if the RS and issuing shares had not occured. The no vote was the smart move. The chill didn't effect me until the RS screwed me. I am sure Matt was on board with what we as shareholders have been delt. Remember the early post about him being a great poker player. Matt has nothing to support this stock. I'm embarrassed that recomended this company to other people. Thank God they didn't buy in but I still look and feel like a investment fool with this fiasco.
What blows over? The deal is that Matt and Paul the PR guy have yet to makeCBAI look or act like a compelling nvestment. Why don't we ever see SEC filing for insider buying. You and a few othershere cant be the only ones Matt has convinced this is an owesome place to put your money.
Anyone realizing they made a bid mistake by voting yes? It would take courage to admit it but that first step in being a better investors. This stock was the worst investment for me last year and shaping up be even worsethis year. Can't blame DTC.
Price comtinues to go done. The no vote represents those that had a clue. How low does this stock have to go down until the yes vote realizes they got screwed.
Volume up.....price down.....must be a another day of unbridled buying! Way to go Matt!
Exactly! Week after week there is always someone willing to sell the stock at a lower price so we have a stock chart that goes down. Until you have buyers willing to buy the stock up you won't have a change in the stock chart trend. Investing 101
and yet again, it seems to me that most people on this board missed the fact that Friday's trading session was once again dominated by buying volume, not selling volume
And that's why the price went down? Your good! It's funny to see "its time to buy or great opportunity to average down" post are popping up. Stock drops because someone is dumping and its full press to get folks to buy. I don't see any of you stepping up and making any serious purchases that's why the selling always wins here. You don't need to be a L2 expert. You need to buy way more shares!
Wish the deal was different as I own a big chunk of CBAI.
You need a catalyst for a short squeeze and that comes from buying interest. Stock pumps and short squeezes are short term. The overall trend in this stock down. The ROI for the companies Matt bought with our money has not played out for investors. Todays purchase news basically fell off a cliff. Was this news covered on Reuters? I want an article in Forbes like CCEl not on Facebook. If Paul the PR guy was handling big companies and got his clients into industry publications I would be much happier. Is anyone else getting emails on the other trouble penny land companies he represents? Yeh big LOI coming together and I can be found on Chartpopers or what ever that BS was. Remember I not here to bash the company. I was a big supporter early on. I want my money back. Better investments out there. I do not trust this company anymore. I was soooo right voting no! I made a mistake holding this stock through the RS thinking Matt was going to get it right this time. At the rate this stock is declining CCEL will have plenty of money to buy out CBAI. Matt seems to be getting schooled.
Agreed! You don't have to an expert to look at the CBAI stock chart and see the trend has been down. The no vote was the smart vote. What really drove the nail in the coffin was the yes vote. Investors have little faith in Matt. Posters that have been saying just wait, just wait for well over a year have lost any creditability here. I guaranty I would have money in this stock if we didn't have the reverse split and issue more shares. Blame Matt if you want but the yes vote took us out of the penny game. Anyone that doesn't admit, they have learned a hard lesson with CBAI, they are full of doodoo. Let's see if class will be in session next week.
Unfortunately Matt couldn't convince or show that CBAI was on the right track to profitability. That is why we have a prolonged stock chart that goes down. The stock was in trouble long before the DTC showed up with the chill. Wall Street and the insiders made money on this stock as it fell because apparently there was no merit in holding it otherwise buying pressure would have won out. The RS no vote still remains to have been the smart vote. This reverse split has only exacerbated the problems we had prior but know shareholders can't trade their shares and lost any future voting power they may have had. It would be interesting to know how many yes voters now think they made the wrong decision. It is embarrassing that CBAI board members continue to put down CCEl's stock rise as their shares in CBAI go nowheres. Sour Grapes if you ask me. I remain hopeful that Matt can turn this around but little has gone well for shareholders under his watch.
How convenient.
Thats right, what happened to all the drum beating of how great CBAI is and that the RS with issuing more shares is the right move. We all know what happened to posters that questioned Matt's leadership and business model. All the constant ridicule of CCEL on both boards. The vote no was right. We were better off before. CBAID can't trade and CCEL is above 3 bucks. Remember the rant about needing the RS to up-list. Where's the chant now! Matt will get on Chartpoppers and other cheesy outlets but doesn't have the courage to explain what happened to our shares. CCEL made it into a Forbes article. Where has our public relation team gotten us. I have friends in tech PR biz that do a great job for their clients. This is a 3rd rate game being played here and that's why Facebook is the best we can expect. I own a lot of shares in CBAI and not happy with this investment. Any one that says CBAI is golden apparently only follows one company. My money has been dead here way too long. I have waisted too much time. I could easily have had a 50-75% gain in other investments while I wasted time here. I looked at CCEL but put my money in CBAI and Matt. I feel foolish at this point!
Wishing you all the best with your daughter. I think you made the right decision storing her cord blood but hope she never needs them. I am sure you are a proud papa and sorry for the wise ass remark about using Cord Blood America. I am not happy with the way CBAI is being run at this point. Simply using shareholders money or diluting their share value to purchase other companies fails way too many times. Penny stock companies buying penny stock companies in itself is not a formula to success. This is why Matt has to deal with death spiral financing in order to purchase other under performing assets. I warned about the repricing of options and the reissuing of options after the reverse split. 80% voted away the last bit of shareholder power they had. I rant again. Go love up that baby.
The vote 20% no vote continues to have been the right choice. At this point I doubt any current CBAID shareholder who has an opportunity to store their babies cord blood will chose this company. Remember all the talk about up-listing. Give me a break Matt. Just remember to keep the freezers plugged in at this point. Take care of the share lock down or put a out a press release explaining why it there.
Good post Karen. I kept telling the wanna be L2 readers they were wrong with their assessment of the CBAI trading. It got to the point that I began to wonder who they worked for. God only knows how many shares of CBAI where shorted and still aren't covered. Matt didn't have the the right news and financials to change the declining stock chart. It was too easy for Wall Street to make money on the declining stock. When I made my first purchase I thought we were done. I hope Matt and the company have what it takes to turn this around. He got the vote for the RS and more shares so he better not screw this up again. CCel shareholders are getting rich and we are stuck with locked up shares. All the blame can't be just on the DTC or transfer agent.
Have a great Memorial Day weekend everyone. Not happy about my shares being locked up but this deal is part of reverse splits and penny land. The DTC lock down may be be the result of naked shorting which they apprear to be in bed with. If the company had the ability to put out meaningful news shorting the shares would have been too risky. Basically Matt lost control of the shares. It would be nice to see the stock rally as we approach the conversion of the shares. I wish we were getting in on the CCEL action. Still waiting for the 20% vote to be proven wrong.
It is my understanding that the transfer agent handles the share conversion and not all agents are of the same quality. Penny stock companies do not have the money needed for good book keeping and that is why it is taking so long. What is happening here would be a major embarrassment for a company like CITI that just went through a RS. I have been through a few RS with companies but never a lock out period. I have Etrade and know they have received numerous call regarding CBAID and no shares. I am sure Matt is well aware of this situation and would think he would put out news explaining why his transfer agent has dropped the ball.
Gee... I wish the stock price was tied to the Ihub board. It has had no impact on the stock price. At least long term. I see that CCEL is doing well and you know the story here. I know, I know just give it time. Everything is different at this point. Basically we are still below the pre RS and issuing more shares news of .004 or .40. Little interest in this stock. Apparently only a few can see or have knowledge of CBAI great potential. The point about stem cell storage being obsolete before Matt gets this company and stock off the floor has been a concern of mine. The technology is changing rapidly. I would love Matt to address this question. Show me the money.
Not going to say I hope you're right because that's a lousy way to invest. Prove it!
Could be, should be, would be cash cow.... The stock price is telling a much different story. Who cares about the daily stock price movements. The trend has been horrible because the potential has always been presented as could be. Show me the money and it can't be money from reducing my shares 99% and selling them to someone else. What's the company value now? 16-17 million. We need someone to buy us out before my shares are diluted again. Got burned with CBAI and not interested in could be..wanna be moments. Matt needs to give us revenue news on Reuters and less social media BS.
Few shareholders had the courage to vote no and post their concerns regarding the RS and issuing shares. Those that felt compelled to believe a penny stock CEO who said he wouldn't RS into weakness are seeing a different reality. The lack of penny stock investment experience seems to have permeated the 80% yes vote. I know a few bought CBAI post reverse split news and yahoo to them. More luck than investment skill. Amazing that Matt couldn't offer any support to current shareholders before the stock split which speaks clearly to what is happening. The business model of buying up other companies with shareholders money has been around for ever. Matt is following the same model again with the new shares. The stock is priced today at .0018 because Matt could not convince the investment community the company is worth more. We are not talking about a months decline in value, we are talking about years. He has had enough time to convince a few investors. The stock is his currency and like the dollar it is falling in value. So much stock value was lost quickly after the RS news that many of us are caught with large loses. Many of us have stayed long and positives with what Matt has said to us but the reality is what has destroyed the stock and investors confidence. I could post tons of great stem cell articles but little will have impact on current shareholders in CBAI unless he gives us a feather moment and not just the promise.
Unfortunately MM's compete for buying or selling shares. The thought that they have been working for all this time driving the price down so they can accumulate billions of shares doesn't work. I doubt they inventory much CBAI. Available shares for sale are too much for the buyers. Neb, basically you have to ratchet up your buying rate. Wish things were different.
Unfortunately the run always seems to come from a lower point week after week. The level 2 analysis has been wrong.
Exactly right! Matt's underwater stock options are no big deal to lose. Watch for the new option plan that comes after the split. This becomes a win win situation for him and oh well to current shareholders. So far the stock price reflects what the 20% no vote said would happen. What a crappy price to split at. We end up in penny land once again and still have the fear of dilution going forward. At this point even the recent buyers of the stock are losing money. Come on Matt, give me something good to post about.
Haven't had a chance to listen. Doubt this is the news I was hoping for. Chartpoppers...good grief Charle Brown
Cord Blood America CEO Matthew Schissler Discusses 2011 in CEO Interview with
ChartPoppers.com
LAS VEGAS, April 28, 2011 /PRNewswire via COMTEX/ -- Cord Blood America, Inc.
(http://www.cordblood-america.com) (CBAI), the umbilical cord blood stem cell
preservation company focused on bringing the life saving potential of stem cells
to families nationwide and internationally, said today that its CEO and
co-founder, Matthew Schissler, was interviewed by ChartPoppers.com .
The entire interview is available at http://ChartPoppers.com/iReports .
In the interview, Mr. Schissler discusses the Company's business plan, its
history, why umbilical cord blood stem cells should be stored at birth, the
recent year-end financial results, the reasons for the recently approved reverse
stock split, the Company's appetite for acquisitions, and goals for 2011,
including continued organic growth, diversification of the Company's revenue
stream, and focusing on becoming cash-flow positive in 2011.
About Cord Blood America
Cord Blood America is the parent company of CorCell, which facilitates umbilical
cord blood stem cell preservation for expectant parents and their children. Its
mission is to be the most respected stem cell preservation company in the
industry. Collected through a safe and non-invasive process, cord blood stem
cells offer a powerful and potentially life-saving resource for treating a
growing number of ailments, including cancer, leukemia, blood, and immune
disorders. To find out more about Cord Blood America, Inc., visit our website at
http://www.corcell.com/. For investor information, visit
http://www.cordblood-america.com/.
About ChartPoppers.com
ChartPoppers.com is a small-cap research and investment commentary provider.
ChartPoppers.com strives to provide a balanced view of many promising small-cap
companies that would otherwise fall under the radar of the typical Wall Street
investor. We provide investors with an excellent first step in their research and
due diligence by providing daily trading ideas, and consolidating the public
information available on them. For more information on ChartPoppers, please visit
http://ChartPoppers.com/ireports ChartPoppers.com Disclosure ChartPoppers.com is
not a registered investment advisor and nothing contained in any materials should
be construed as a recommendation to buy or sell any securities. ChartPoppers.com
is a Web site wholly owned by Seo Freisin, Inc. ChartPoppers.com nor its
affiliates have a beneficial interest in the mentioned company; nor have they
received compensation of any kind for any of the companies listed in this
communication. Please read our report and visit our Web site, ChartPoppers.com,
for complete risks and disclosures.
CONTACT:
Paul KnopickE & E Communications949/707-5365pknopick@eandecommunications.com
SOURCE ChartPoppers.com
Copyright (C) 2011 PR Newswire. All rights reserved
I have been trying to read the tea leaves regarding the timing of the Rs and the amount of time prior to the actual split. The problem I have is that the news came out when the stock had based at a low .004. There were months and months of selling as you can see by the charts. If you got out on the way down that was the lucky or smart move. I think some knew about the upcoming reverse split. I hope I'm wrong but thats the way the game is played. Ok let's say the dirty deal is done and behind us. Why so long until the stock split goes through? Could it be that Matt is weeding out the last of the weak hands before the split and great news? The volume is very low as we approach the actual split. Folks have had enough time to decide whether or not to hold on. I know this is a very hopeful spin on our current situation but that is why I continue to hold my shares. If Matt doesn't support the stock with good news going into the split or at least right after, then the 20% no vote had it right. I haven't given up on Matt and the feather moment but my finger is on the sell button all the time. Some have felt a lot of investment pain with CBAI and do not fault them for selling as there have been great stock opportunities with the market doing so well.
I ask the question, why aren't the 80% supporters of the RS and issuing more shares not buying up CBAI at the current price?
lol... I wish it hit .009....meant to be .0019
I know as of late we have been on different sides of the track. I like to be on the side that's green, as in making me money. The RS news put me in the loss side of the tracks. The vote went through so Matt has all that he claimed he needed to make us proud. His reputation is once again on the line. The deal is done and his bed is made. I want all to benefit in this investment and not just the second round shareholders.
Congrats to all that voted yes and won. As you know I voted no and if this turns out to be a positive move for Matt, CBAI and the value of my remaining shares, I will be the first to admit I was wrong. Out of the the gate it is not looking great for the share price at .0021 and CCEL is up today. I hope, I too can become a avid supporter. Not today.
The shareholder meetings I went to, the vote results were released at the meeting. Don't know if that's the case for CBAI.
I hear ya...it feels like the trading has been halted. Strange morning session.
Even Spock from the USS Enterprise knew that needs of the collective out way the needs of the one. I could own 50 million shares if thought it was a smart move. I hope your friend has more pieces to the puzzle than the collective. Just looking to make some money here. .0021 doesn't cut it.
It seems like you feel the yes vote is a slam dunk and it's the smart money driving this vote. Here we are on voting day and were is all the smart money to buy up the cheap stock? 300k volume on such a historic day for CBAI. Wish I could feel the love.
dianne I agree and posted awhile back that he could care less if he loses his underwater options with the RS. If the vote goes through, current shareholder will lose any voting power they had with the newly issued shares. I will bet the next vote will be for the employee stock option plan which will compensate Matt very well. He is not in the same boat as us. The RS and issuing more shares will make his job much easier at my expense. He has said the company will survive without the vote growing at a slower pace. I am fine with that and willing to bet the stock price recovers enough to get a lot of us back in the green.
You say "when CBAI is on AMEX". Is that a fact or hope. Hoping doesn't make it reality. Just trying to help new investors to penny land and the message boards.