CBA Florida Inc. (fka CBAI)

[nuubie]

Mmmm Nope, CCEL and CCMEX's original agreement:

(CCEL could probably care less if CCMEX is profitable or not as long as CCEL gets thier royalty payments, again, where's the proof CCMEX is profitable?)

"On June 13, 2001, the Company entered into an agreement for the exclusive license to market the Company's U-Cord program. The license allows CRYO-CELL de Mexico to directly market and operate the U-Cord program throughout Mexico and Central America. The total cost of the license is $900,000 and the licensing fees are 10.5% to 18% of adjusted U-Cord processing and storage revenues to be generated in Mexico and Central America. Per the agreement CRYO-CELL de Mexico will purchase 100,000 warrants at $1.00 each giving them the right to purchase 100,000 shares of the Company's common stock at an exercise price of $8.00 per share. In June 2001 an initial deposit of $100,000 was received. The remainder of the payments is due to be paid in three installments over a two-year period."

http://www.sec.gov/Archives/edgar/data/862692/000102140801503399/d10qsb.txt