CBA Florida Inc. (fka CBAI)

[MrLong]

What do you think happened? The investor either got paid his millions or renogotiated repayment terms of the original deal. It's a judges Order. Cryobank's still owns it so they must have settled with the investor; correct?

Altamonte Springs stem cell company scheduled for sale at debtors auction
May 26, 2010|By Rene Stutzman, Orlando SentinelSANFORD — A judge has ordered Cryobanks International, an Altamonte Springs company that stores stem cells in super-cold freezers, to either repay a California businessman the $3.5 million he loaned it or be sold at a courthouse auction in two weeks.

With interest, the company must come up with $4.4 million by June 8 or be sold that morning to the highest bidder, according to court records.

Investor Sayed Raheel sued the company in July, alleging he had made four loans to it since 2005 and was owed $3.5 million. He demanded repayment, or if not that, all of the company's property.
http://articles.orlandosentinel.com/2010-05-26/business/os-cryobanks-courthouse-sale-20100525_1_majority-shareholder-zubair-kazi-lymphoma-and-anemia-cryobanks-international