CBA Florida Inc. (fka CBAI)

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bingo, Matts gagged TA is foot dragging!

"...We also have not received our physical shares back from the transfer agent..."

The chill only affects electronic settlement, not paper settlements.

b. Liquidated Damages Agreement with Tangiers Capital, LLC.

On January 19, 2011, the Company entered into a separate settlement and liquidated damages agreement (the “Agreement”), with Tangiers Capital, LLC (“Tangiers), one of the Company’s existing investment bankers who has been purchasing from time to time registered shares of the Company’s Common Stock for cash. Execution of the Agreement became necessary because under the existing agreement with Tangiers, the Company was obligated to deliver registered shares which could be “immediately” placed into the Automated System for Deposits and Withdrawals of Securities (know as “DWAC”), and at present the DWAC system is not available for newly issued registered shares of the Company.

The Agreement provides that as Liquidated Damages, the Company will remit a specified sum (the “Penalty Sum”) to Tangiers on each share the investor has previously purchased and currently holds, and on each share purchased Tangiers for cash in the future, until such time as the shares held by Tangiers can again be deposited into the DWAC system.

This Penalty Sum is to be calculated as follows:

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001354488-11-000908.txt&FilePath=\2011\03\21\&CoName=CORD+BLOOD+AMERICA%2C+INC.&FormType=8-K&RcvdDate=3%2F21%2F2011&pdf=