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Re: Bren4Realtor post# 56581

Thursday, 03/24/2011 6:40:22 PM

Thursday, March 24, 2011 6:40:22 PM

Post# of 105534
Bren, here are the "chill" links from the 8-K Filing Date 2011-03-21:
EX-4.III
http://www.sec.gov/Archives/edgar/data/1289496/000135448811000908/cbai_ex4iii.htm

EX-4.IV
http://www.sec.gov/Archives/edgar/data/1289496/000135448811000908/cbai_ex4iv.htm

Prepayment. For the Notes, or any future Note for which any partial or full payment has been made (whether in the form of payment by Secured & Collateralized Promissory Note, cash, or other agreed upon form of payment), the Company may prepay that Note at 135% of the principal balance.

135% is $2.6m for prepayment penalty.

There will be no additional cash payments to the Company from the Investor until the Note balance is $0 (must be $0 including any penalties or liquidated damages that are added to the Note balance) and all Conversion Shares are sold. It is estimated that Holder will need to liquidate $1,900,000 or more prior to any additional cash payments.

Agreed, this 8th of February, 2011. Cord Blood America, Inc.


8-K
http://www.sec.gov/Archives/edgar/data/1289496/000135448811000908/0001354488-11-000908-index.htm

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