Ya know, when a new business is taken to market, such as CBAI, money is what it takes to build out the business. And in the beginning, the only financiers that will dance with these new startups are the JMJ types.... These types of money lenders are simply there to loan large amounts of money to these startups in exchange for shares....that's just the way it works. There really aren't any other choices....so, you open that door and the Charlie Daniels band starts playing that song....so you dance, while the lenders are having their cake and eating it too. Most companies don't survive this type of financing as most of these startups are just as crooked as the lenders. However, Matt and CBAI are that one in a million that is different....A real man, simply trying to start a real business. It's been tough, but it's working...we keep on growing. Do ya think the other stem cell storage companies are a little miffed that CBAI continues to gain market share? Do you also think that they are probably doing everything they can to derail this locomotive. I have no doubt that the competition, in concert with the flim-flam lenders have and continue to pull all the strings they can to cause problems for this company....they've even gone so far as to hire people to post on message boards. Because of their efforts, CBAI has been drug thru the mud and suffered thru 2 chills. What’s really important to realize here is the number of companies that actually have a DTC chill removed.....it's unheard of....but CBAI did just that.
Again, I'm of the opinion that CBAI will be CFP in 2012 and following that we'll be paying off all previous loans. Next on the agenda is to continue to identify potential acquisitions and shop around with the big money lenders for any financial assistance. No more JMJ's...they’ll be history...just a footnote, or maybe a dingle berry.
And lastly, I'd like to extend my thanks to IHUB for providing the tools to help filter out some of the extraneous, misdirected information.
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