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Re: A deleted message

Friday, 05/13/2011 8:21:25 PM

Friday, May 13, 2011 8:21:25 PM

Post# of 5497
no chatter is a good thing.
They are saving it for a positive spin on the Q report due anytime now. Still no news on their china operation. CBAI estimate on the income from their argentina company this year is in their F/S. They made a note for an additional 250k payments, for that to happen I think the net income from argentina has to be 500k. I do not think it will happen, Q1 will give better forecast. Now they can post cbai expects 500k of NI from argentina. Funny I own ccel but I know more about cbai then their shareholders

edit page f-15 of their annual report

As of December 31, 2010 the Company recognized an additional $250,000 for the contingent “earn-out” compensation. It is
reasonably possible that as Biocordcell’s operating results for 2011 become more apparent, the Company may have to revise their estimate of
the contingent statements “earn-out” for 2011

so it should be around this number
If Bio net profits exceed $288,500 in 2011 but do not reach $432,750, the Company has agreed to pay an additional earn-out of
$350,000 to the Shareholders, plus the Shareholders will retain the $100,000 payment advanced on October 20, 2010 toward the 2011
earn-out, but will not be entitled to be paid a percentage of Bio net income.

when the annual report came out, Q1 was in the book, if Q1 had the numbers above lowered, any shareholder should be upset.
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