Under the Asset Purchase Agreement, we have agreed to sell to Buyer all rights to our name “Cord Blood”, as well as our trade names and trademarks and the trade names and trade marks of our wholly-owned subsidiaries. Accordingly, in order to close the asset sale, we must change our corporate name to a name other than “Cord Blood”.
Please show your math for how Red Oak is “even” @ .0025...
Here is my calculation...
They purchased preferred shares for $724,000 https://www.sec.gov/Archives/edgar/data/1289496/000135448815001723/cbai_ex101.htm which were converted into the common immediately "1. The Series A Convertible Preferred Stock were automatically converted by the issuer into a total of 381,052,632 shares of common stock." Which makes their price per share .0019
Please show how you figure their cost was .0025/share.
Red Oak is already making $$$. I do not believe for one minute that they give a crap about the little retail shareholders who have been screwed over for years...
They will do whatever they want and whatever is best for THEM.
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