CBA Florida Inc. (fka CBAI)

[ttattletell]

One third (1/3) of the 90 day closing date has passed...looks like no significant progress has been made...

CBAI's past track record of acquisitions success was based on CBAI having funds availiable and a sufficient amount of shares authorized...neither appears to be in the cards on this particular Mexico deal...

"-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.

-A second material condition is that Cord Blood immediately amend its Articles of Incorporation so as to create sufficient authorized but unissued shares sufficient to provide the ability to issue new shares for the new capital required by it to complete the transaction."
http://www.sec.gov/Archives/edgar/data/1289496/000135448810003802/cbai_8k.htm