Cryo Cell International Inc (CCEL)

[locksflooring]

POOR BROTHERS ARE GOING TO BE POOR SOON! At August 31, 2012, the Company had cash and cash equivalents of $2,707,608. The Company’s cash decreased by approximately $3,600,000 during the first nine months of fiscal 2012, primarily as a result of the payment of $3,200,000 for the cancellation of certain interests in certain Revenue Sharing Agreements and the stock repurchase plan pursuant to which the Company has repurchased 705,150 shares of the Company’s common stock for approximately $1,470,000. As of August 31, 2012, the Company had no long-term indebtedness.

CCEL is running out of money!