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Re: Booger Red post# 47424

Sunday, 12/19/2010 4:04:59 PM

Sunday, December 19, 2010 4:04:59 PM

Post# of 105534
Yep, CBAI grew to immediately raise privately, additional capital

8K dated December 8, 2010:
"One such material condition is the requirement that Cord Blood immediately raise privately, additional capital estimated by management to approximate $14 Million, in order to fund the cash payments required to close the transaction. There is no assurance that Cord Blood will be successful in raising such additional capital, or raising it in a timely fashion or under commercially reasonable terms."
http://www.sec.gov/Archives/edgar/data/1289496/000135448810003802/cbai_8k.htm
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