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Re: None

Tuesday, 01/26/2010 12:29:55 PM

Tuesday, January 26, 2010 12:29:55 PM

Post# of 105534
Nevada Development Director:
CBAI's move to Vegas was calculated and talks between Nevada and CBAI were ongoing for {2} yrs. CBAI will attract other bio-related companies to Vegas...

Lt Governor:
CBAI hiring {22} professionals at an avg hourly wage of $29.17 145% above the Clark County wage. Nevada gave CBAI incentives to induce them to come... sales, tax abatements were just some of the tools offered.

29.17 x 40 = 1165.8 wkly/$60,673 Annually
22hires x $60,673 = $1.3M Payroll for New Hires

Dr. Geoff O'Neill
36 yrs experience in the stem cell research field. Priviledge of working at a cancer institiute in NY. Dr. Robert Good the first doctor to perform a bone marrow transplant is who Dr. Geoff O'Neil studied under.
36 yrs ago transplants were risky. Advancements in the field evolved and offers that since 2000 Cord blood transplants occur daily. Rejenerative medicine is the future and Dr. Geoff O'Neil states CBAI has a prominent future in the field. Quality of Life for the treated patient is improving. Local university students will be a source of recruitment.

CEO Matt Schissler:
2004 Outside Investors... First $1M dollar investor (Rod).
2005 Raised first significant capital $5M. The company started to grow.
2006 Acquired companies. CorCell biggest acquisition that had relations with insurance companies.
2007 CorCell 14,000 assets purchased. Sales $5.89M
2008 Tough yr for CBAI. Did away with the ad agency. Running out of money; expenses were high.
2009 Social media raised $7.5M from investors.
2010 Raised $16.8M in the past 18 months very little spent...
Nevada recruited CBAI. More than 20,000 stems cell stored at the facility. Future vision stem cell pharmacy 10 yrs from now. Control the inventory of stems and you create the pharmacy of the future.

http://www.cordblood-america.com/grandopening

**Edited from the original video were statements regarding private banking and public "Government" banking of stem cells

Again I ask does it sound like CBAI is going out of business






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