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Re: tradinguru post# 53512

Tuesday, 02/22/2011 9:40:54 PM

Tuesday, February 22, 2011 9:40:54 PM

Post# of 105535
If the money was lined up already, then the paragraph below, which was taken from the PRE 14A filing, would be an outright lie. It explicitly states that a funding source has not been found yet.


However, the Company has not completed its due diligence investigation of Cry-Cell de Mexico, nor has it identified a source for the substantial amount of equity capital which the Company would be required to raised in order to move forward with any such acquisition. As a result, a possible acquisition of Cryo-Cell de Mexico is most uncertain at this date, and this solicitation of an amendment of the Company’s Articles of Incorporation to increase authorized capital stock does not relate specifically to, nor should not be construed as a referendum on, this possible acquisition, due to these uncertainties.

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