Replies to post #48326 on CBA Florida Inc. (fka CBAI)

[Jeff-M]

I've had no problems Pitman; been doing fine for eight years.

[deseng]

While I do agree that most people are expecting the deal to go through, there could be some percentage of buyers that are reluctant to get in given the news of the lawsuit. Since that could potentially hold up or prevent closing, we may see increased buyer interest if the case is resolved in CBAI's favor.

[ttattletell]

Did CBAI transfer the $125,000 in cash plus $125,000 worth of CBAI restricted Common Stock due by December 18, 2010?

"We will keep our shareholders apprised of the progress of this acquisition as it moves forward. We will focus all of our efforts on bringing this to a successful close."
http://finance.yahoo.com/news/Cord-Blood-America-Signs-prnews-1510255359.html?x=0&.v=1

a. DEPOSIT: Upon execution of this Agreement, Purchaser shall transfer to Seller an amount of one hundred twenty-five thousand dollars (US$125,000.00) in cash, along with an additional one hundred twenty-five thousand dollars (US$125,000.00) in the form of Cord Blood America, Inc. restricted Common Stock (said shares to be valued as set forth below) (the “Deposit”). The Deposit shall be deposited within the 15 day period following the execution of this Agreement, in an escrow account maintained in a brokerage firm in Mexico, it shall not accrue any interests or earnings in benefit of Purchaser and shall be refundable to Purchaser at its request in the event one of the conditions for closing set forth in paragraph 7 below is not met. In the event that Closing takes place, the Deposit will be credited in favor of Purchaser to the payment of the Purchase Price.
http://www.sec.gov/Archives/edgar/data/1289496/000135448810003802/cbai_ex1013.htm