DD Support Board and Research Team

[BigBake1]

Further, prior to the “chill” imposed by DTC, Cord Blood was also admitted into DTC’s FAST (Fast Automated Securities Transfer) program. FAST allowed the shareholder or broker to deposit physical stock certificate electronically into the DTC system through the Company’s Transfer Agent using a function of FAST called DWAC (deposit Withdrawal at Custodian). This eliminated one step in the transfer and deposit process that saved several days by allowing the direct deposit into the DTC system. At present Cord Blood is DTC eligible but has not been granted FAST Eligible status. As the Company understands, it is not rare to be DTC Eligible but not FAST eligible, as the Company now is. The Company will continue to pursue the re-activation of FAST services, but cannot assure DTC will resume this function.

At present all shares of the Company’s stock fall under the DTC categorizations described herein, in contrast to when the “chill” was in effect and some shares of the Company’s stock were subject to the “chill,” while others were not.

The Company does not believe additional expenses will be incurred by shareholders and investors in making sales or purchases of the Company’s stock due to FAST services being unavailable. It may take several additional days for investors who receive physical shares of the Company’s stock from the Company in fulfillment of the Company’s financing arrangements or who, for other reasons, receive physical shares of stock, to deposit these physical stock certificates into the DTC system, as a result of the Company not being eligible for FAST services. There should not, however, be an increase in time necessary to purchase and sell the Company’s common stock that is already in the DTC system.

This section is also incorrect, Cord Blood was not Fast eligible, in fact eligibility would first be granted to the Transfer Agent and then approval for each ticker that the TA requests for FAST eligibility. Looking at the DTCC, the Transfer Agent Interwest Transfer is a LIMITED Participant, meaning it has no access to the full services offered by the DTCC.

http://www.dtcc.com/downloads/legal/imp_notices/2007/dtc/com/com_1425-07.pdf

So unless they changed TA's around the same time, they were never in the FAST system since their TA is a Limited Participant and not a Full Participant. The requirements for a Full Participant include costly insurance based upon share volume. They have to have these costly riders in order to reduce the risk from the DTCC in case of fraud.