Replies to post #34230 on CBA Florida Inc. (fka CBAI)

[hmmauto]

Im with ya Dew...I cannot believe Falcon pulled this crap anyway...WTF are they thinking?.....good luck, michael

[StLXer]

I agree with you Dew. I dont see a buyback. I think it would help if the board paid more attention as to what the CEO has said. He has so far done everthing he said he was going to do.

-- He previously said that he will not address the share structure until CBAI has become profitable. I think his statment after the Biocells annoucment, that after the deal closing he and the board are going to look at ways to reward the loyal investors. Is simply restating the exact same words from and earlier annoucement. I think he is simply trying to indicate to us that by 8/31/10 CBAI is going to be profitable. Which is VERY VERY good news!

-- He also previously stated that he has set aside 3 million dollars, to help maintain investor value.

--- a buy back using 3 million dollars - @ .001 takes 3 billion shares of the market - that still leaves over 2 billion shares. Wont solve the issue. For one, even 2 billion shares is to many. Secondly, I cant see it ever going to .001.

--- a 50 to 1 r/s would leave approx 100 million shares. IMO a much more resonable scenario, given what the likely financials will be.

[spongeme]

Adding my two cents to the buy back / RS issue.

I have to agree with you Dew, we need to see real net profits that won't be needed for any kind of acquisition in the near future. Once the "voracious appetite for acquisitions" has been satisfied and net profits start to roll in, then and only then would it be appropriate to announce a share buy back.

Now to address the elephant in the room.

5 Billion shares outstanding. In order for this company to move up to a bigger board the company needs to reduce the outstanding shares to 50 to 100 million shares.(just my opinion.) Pretty impossible to do that with a buy back. After the company is on solid financial footing and some hefty share buyback has taken place then the company would probably look for a R/S to get the outstanding shares where they need to be and to get the share price in line with the bigger board. Let me reiterate. A R/S will only happen when this company wants to move up to the AMEX and no other reason.

It makes absolutely no sense to do a reverse split just to see your share price move up because with no other purpose for the split other than to see the price move up is a recipe for a price share collapse. Mike