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Re: Gruber post# 49078

Friday, 01/07/2011 7:27:23 PM

Friday, January 07, 2011 7:27:23 PM

Post# of 105534
"Probably would of been if not for all the money spent on acquisitions and the lab"

But Matt said in so many words the debt restructuring was virtually a guarantee to becoming cash flow positive. Acquisition and the lab were not mentioned at all.

"The restructuring is a major step forward for Cord Blood America. With the signing of the agreement, Cord Blood America projects it will become cash flow positive for the first time in its history," said Matthew Schissler, Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We anticipate formally being able to announce this when we file our quarterly numbers for period ending June 30, 2009."

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