Hey Scott. Run faster. And don't have a heart attack.

You're going to hate me for this but look at the last filing and the current assets versus the current liabilities. He has no choice to raise cash but to do a reverse split. He said he wouldn't do it in 2009 but there are only 13 trading days till then. If you don't think the PPS of this stock can go below .0001 do the math if he does a reverse split. I no longer own this stock and wouldn't touch it with a ten foot pole.

I'm not going to argue with you Myth if you can't understand my point. EOM.

Alibi pointed out that $iri has about 4B shares outstanding and is currently trading around .60. And they have yet to make a profit.

I wasn't implying CBAI was a pinkie. But most penny stock players are use to the behavior of pinkies. That's all.

Most pinkies do a reverse split so they can dilute further and raise more cash. CBAI is not about that at all. 2009 was about paying down the debt and setting this company up to be successful. And 2010 is about growing revenue and value to shareholders. Facebook is free PR and potential customers. No way they would screw with that now. Can't wait for the new year.

Agree. Real big.

I can't think of a single reason to rush into it. Can you?

I think the earliest they will consider doing a r/s will be August 2010 when they announce 2Q results. If they make a profit that quarter then I could see it happening. But not before IMO. The Facebook site is growing like crazy and that is free PR. Why destroy that pizazz?

Locks, that's great that you are joining us in Vegas. Should be fun and informational. And I believe you can write off the cost of the trip against any profits.

If you heard Dr. Geoff's interview he said he saw the day coming when CBAI would get a script for a body part and CBAI would grow it. Unreal.

60 Minutes is getting ready to do a report on regenerative medicine. Tune it right now to see it.

And by the way, CBAI doesn't offer the menstrual blood storage at the present time but they are getting into stem cells from fat.

Congrats Bity. Happy for you and for us. Are you going to Vegas for the Grand Opending? And a suggested storyline for you. People think of Cord Blood America as only handling baby's cord blood. But new sources for storing stem cells are becoming available such as menstrual blood, fat, teeth, etc. That opens up a much larger audience for CBAI's services and could save many lives in the future. I'm not an expert on this but what if for example a woman in her 30's stored her menstrual blood and later was dianosed with breast cancer. Could that possibly save her life in the future? Just a suggested article. Good luck with your publishings.

I never owned the other stock but the one very very big difference between the two is CBAI has always been fully reporting. You can read every quarterly report if you like and the annual report is audited. No secret unknown stuff here.

CBAI obtained an equity funding arrangement with Optimus worth $7.5M. It involves Preferred Shares. The S1 which describes the deal in detail and can be found under "filings" on OTCBB now awaits the approval of the SEC. They have had it about a month now so hoping it will be approved soon. None of the money is available until it's approved. The money will be used to fund ongoing cash needs including acquisitions. So perhaps once it is approved Matt the CEO could have an acquisition waiting for the S1 to close. It also involves warrants. Below is something I previously posted explaining how the warrants work for this deal. Hope all this helps.

Zero shares have been released to Optimus. These are warrants and Optimus can buy anytime up to five years from when Matt takes some money. The price (strike price) is set based on the closing price the day before he requests funds from Optimus. So lets say Matt requests some money. Warrants are issued to Optimus based on the prior days closing price and using the formula in the S1 to determine how many warrants are issued. From that day forward Optimus has five years to actually buy the shares (exercise the warrants) from Matt at the stike price set based on the amount of funds requested. Optimus won't exercise the warrents turning them into common shares until they are ready to sell and they surely wouldn't buy them until the price is a lot higher than the strike price that was set. And don't forget, if the share price goes up to say .02 before Matt takes any money, then the number of warrants go way down. (1.5B shares for $7.5M at a share price at .007 from the S1. But Optimus would only get 500M shares with the price at .02. And only 100M shares with the share price at .10. Just to give you the math

Just so we're clear there were 830M shares remaining as of Nov 9th.

I knew it had dropped off but that is huge. He only has less than 830M shares to sell, assuming he doesn't want to hold any back, between Nov 9th and the end of the year though.

I see no news?

Optimus doesn't have anything yet. The strike price is determined when Matt requests money based on the previous days closing price. Since the S1 hasn't been approved by the SEC nothing has transpired yet.

I'm hoping another big player will come in like those billion share days and eat up the remaining shares completing the dilution so we can have a great Christmas. That Blue Cross announcement is going to get some attention. Regardless, after today there are only 13 trading days remaining in 2009.

Welcome Rob and I will add you to the list of Grand Opening attendees. I can't find my last list so if I forgot someone please just add your name to this list and repost. Thanks.

Alibi
Dew
Swllm
Karin
Eco?
Scott
Rob

And a bunch of maybes.

It soon will be a money machine for shareholders. You in Up-Town?

Thanks. Very interesting. The intrigue continues.

It was a joke Pittman.

Here is an important question for anyone that has a suggestion. We did 1B shares in volume two days in a row. Obviously, someone was accumulating this stock and maybe bought 500M to a Billion shares or more. When will we find out again who owns how much of this stock? Could it have been Blue Cross/Blue Shield?

And that's just the US. Matt clearly stated he wanted CBAI to be the largest cord blood storage company in the world. And he didn't go to Germany on vacation. Plus there are now opportunities for people of all ages to store there cord blood from many other avenues such as menstrual blood, fat, etc. So many of those 98M could opt to do something over time that would generate revenue for CBAI. And then there is Dr Geoff. What could he bring to the table?

Where would we put 98M cord blood units?

I think we need that House Bill to pass befcre we will see insurance coverage for collecting and storing cord blood. But when we do get that legislation I think the insurance companies will fairly quickly start getting on board. If you think about it $4000 (the 18 year cost of collecting and storing cord blood) is less than one night's stay in a hospital.

Onebbqman, give us some more of your optimism. You think we get filings no later than by the end of next week? They said they were very close to completing them on 12/3.

I think it clearly makes Corcell the Preferred Provider for storing services with these insurers.

Make sure you get some nice wheels to go with it. LOL

Sweet pic Josh. Love your set-up. Any chance you're going to the Grand Opening?

And it couldn't have happened without dilution. This company is now set up to be a worldwide force in cord blood storage and could end up being a major player in other ways with Dr. Geoff running the Lab.

Does this mean you won't be going to Vegas for the Grand Opening?

I might be crazy though.

Can't predict but if CBAI delivers some PR's growing revenue, I could see it hitting .10 sometime in 1Q10.

Welcome. I still think when we get the S1 approval we will have news that could put us over the top even sooner. Come on SEC. I'd love to see Nite run out of shares right in the middle of a big run.

OK fellow CBAI Longs, here is some DD to make you feel good.

Per the 2Q 10Q as of August 10, 2009 there were 2,611,000,000 common shares outstanding. As of the 3Q 10Q as of November 9, 2009 there were 4,568,000,000 shares outstanding. If you do the math that says between Aug 10th and Nov 9th 1,957,000,000 shares were sold or about an average of 652,000,000 a month. It was also shown in the S1 that there are 1,547,000,000 of warrants outstanding including the S1.

Now here is the math.

4568M + 1547M = 6115M warrants and common stock outstanding as of the S1 dated 11/9/09.

CBAI is authorized 6945M shares. So if you subtract 6115-6945 you will see that as of 11/9 they only had another 830M shares they can sell. If they average 652M per month they would be done with the dilution before Jan 1st. Now I know we had a couple of 1B share days so that has to be factored in. But I think we have a good chance of being done with the dilution before year-end.

This is just what we needed to ensure the dilution ends by the end of the year. We'll have 19 days of clear sailing in January before the Grand Opening IMO.