CBA Florida Inc. (fka CBAI)

[Edward]

One million dollars in cash is a lot for a company this size. I was a little surprised to see that no additional $100,000 or $200,000 pay down of the loan was made in the 1st quarter ended 3/31/2016., since there is plenty of cash.To me it may indicate that CBAI has something in mind accumulating cash. If,there is no addition pay down for the loan in the 2nd quarter ending 6/2016, the cash position could be $1.2-1.3. million. Far fetched, but maybe CBAI will want to buy Xytex. Do not know what Xytex is worth since it is private. Xytex is owned by the employees and it may be worth it to them with a cash offer, and employment with CBAI. They would have nothing to lose since they would have cash and employment. Also CBAI's samples are already stored at Xytex. Possible, but CBAI may have to issue more shares,or borrow money for the purchase. Since they would be acquiring a valuable and income producing asset, the approval of a loan may be easier then one would think.Of course, this is what i would like to see, small chance this will happen.