Compensated Awareness Post View
Disclaimer
I believe there was a question about the Company's announcements about the DTCC. On May 6, 2011, CBAI issued the following news release:
Cord Blood America Stock Split Update
LAS VEGAS, May 6, 2011. PRNewswire - Cord Blood America, Inc. (OTC BB: CBAI, CBAID) announced today that the effective date for the reverse split, approved by 80 percent of its shareholders voting in a recent proxy vote, is the opening of the market on Monday, May 9, 2011.
Cord Blood America Announces Reverse Stock Split Takes Effect Monday, May 9, 2011
The one for one hundred reverse split reduces the number of shares outstanding from 6,907,863, 254 shares to 69,078,710 shares.
A "D" will be placed on the ticker symbol for 20 business days, after which the symbol will revert back to the original symbol.
The transfer agent, Interwest Transfer, is available at 801.272.9294 to answer questions about individual accounts and to issue new stock certificates.
CONTACT:
Paul Knopick
E & E Communications
pknopick@eandecommunications.com
949-707-5365
SOURCE Cord Blood America, Inc.
On June 28, 2011, we were finally able to announce that the DTCC had returned shares. In the interim, we answered hundreds if not thousands of phone calls and e-mails about this:
Cord Blood America Says Shares Being Returned to Brokerages
LAS VEGAS, June 28, 2011. PRNewswire - Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company focused on bringing the life saving potential of stem cells to families nationwide and internationally, today announced that its common shares are being or have been returned to brokerage firms by The Depository Trust & Clearing Corporation. This follows a reverse stock split which was approved by more than 80 percent of the shareholders voting their proxy. "We're glad this is resolved," said Matthew Schissler, co-founder and CEO.
Paul Knopick
pknopick@eandecommunications.com
949.707.5365
