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News Focus
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locksflooring

05/16/16 10:29 AM

#99278 RE: indebt2 #99277

CBAI REVENUE DECREASES 23 PERCENT! YUP 23 PERCENT!
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Myth

05/16/16 10:30 AM

#99279 RE: indebt2 #99277

Over a million in cash, up almost 300k....NO dilution for yet another qtr...

What is it that is not looking so good ? We knew revs would be down, it was already known for months.

Personally I love it.....
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Myth

05/16/16 11:40 AM

#99282 RE: indebt2 #99277

Correction, cash increased 255k...now over a million.

1,044,401
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Edward

05/16/16 1:22 PM

#99286 RE: indebt2 #99277

No it is not your imagination. The fact that CBAI has 1 million in cash is good, but not great,since they still have a $975M note payable. With declining sales (23%) and no foreseeable reason to believe sales will improve, with any possible sale i do not see CBAI getting the going rate for their samples. Apparently they are not in a position for bargaining power. As time goes on CBAI may have to settle on a price below the market value for their samples. At this point they are not ready to accept that yet.On the other hand, as CBAI accumulates more cash, i guess it is possible they can purchase a small private cord blood storage company. CBAI may be accumulating cash for a reason since they could have paid down the note more.Some kind of corporate action will happen. When i do not know. Unfortunately if there isn't any, the market price will stay around here for a very long time. Just an opinion, not a fact.