CBA Florida Inc. (fka CBAI)

[Edward]

No it is not your imagination. The fact that CBAI has 1 million in cash is good, but not great,since they still have a $975M note payable. With declining sales (23%) and no foreseeable reason to believe sales will improve, with any possible sale i do not see CBAI getting the going rate for their samples. Apparently they are not in a position for bargaining power. As time goes on CBAI may have to settle on a price below the market value for their samples. At this point they are not ready to accept that yet.On the other hand, as CBAI accumulates more cash, i guess it is possible they can purchase a small private cord blood storage company. CBAI may be accumulating cash for a reason since they could have paid down the note more.Some kind of corporate action will happen. When i do not know. Unfortunately if there isn't any, the market price will stay around here for a very long time. Just an opinion, not a fact.