Replies to post #28615 on CBA Florida Inc. (fka CBAI)

[backinthegame]

Actually the 144K is not very much. Very typical and accepted practice. We assume that the company is getting their monies worth out of them or they would hire someone else.

[Myth]

This is the part that confuses me, Matt being the manager.. btw, her cut is 150 k...not 144...and options,

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=tiT2G%252f45OFtmSYDXrFmQkw%253d%253d


The agreement provides for the payment of consulting fees of $12,500 per month over its renewed 12 month term to Pyrenees and grants 20,000,000 incentive options to acquire the Company’s common stock, which can be exercised twelve months from the issuance date and have a ten year term, and an exercise price of $.0087 per share. The agreement automatically renews for a second twelve month term, unless a 60-day written notice of cancellation is provided by Pyrenees , or a 180-day written notice is provided by CBAI.

So let me get this straight, if Matt wants to cancel the agreement he must notify HIMSELF with a 60 written notice ??

[locksflooring]

I think you should research Stephanie a little better.Her knowledge of the Stem Cell field is commendable.Stephanie is a giant force behind CBAI,who do you think researches what Companies to look at and I should say in what Countries.

[Myth]

I agree, sketchy....seems like a win/win situation for the CEO....

[Myth]

This is the part that confuses me, Matt being the manager.. btw, her cut is 150 k...not 144...and options,

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=tiT2G%252f45OFtmSYDXrFmQkw%253d%253d


The agreement provides for the payment of consulting fees of $12,500 per month over its renewed 12 month term to Pyrenees and grants 20,000,000 incentive options to acquire the Company’s common stock, which can be exercised twelve months from the issuance date and have a ten year term, and an exercise price of $.0087 per share. The agreement automatically renews for a second twelve month term, unless a 60-day written notice of cancellation is provided by Pyrenees , or a 180-day written notice is provided by CBAI.

So let me get this straight, if Matt wants to cancel the agreement he must notify HIMSELF with a 60 written notice ??