Cryo Cell International Inc (CCEL)

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CMEX WAS CCELS LARGEST AFFILIATE ! Management demonstrates a low threshold for achievement. In describing his interactions with Cryo-Cell de Mexico, the co-CEO states that their negotiation with Cryo-Cell’s largest affiliate resulted in a loss of more than 60% of the revenue that it was owed. David Portnoy seems to call this a victory for the management team. This does not seem like something management should tout.------ Choi may have been onto something. The cash really has decreased year over year according to this recent filing. Cash was over eight million in July 2011 before the new board took over and now under three million. And shoot what investor doesn't love negative earnings! Losing money is so fun!! Looks like lay-offs and salary decreases are just around the corner. Oh heck, give yourself a bonus board while ur at it. You just vested all the the CEO's shares why not get something for yourselves while there is something left.
If you can't pay the bills you may have to turn off the lights