Replies to post #51583 on CBA Florida Inc. (fka CBAI)

[sfraven1466]

Do you see it differently based on Pit's view? I agree with the guy.

Are you joking? I have never found myself in agreeance with anything Pit has said, to my recollection.

I just don't see it man, sorry! We may have to agree to disagree on this one; although I would LOVE for you to be right!

I just cannot see Matt purposely aquiring companies with a large percentage of defaults when stem cell banking for the annuity income is our CORE business. Our additional revenue streams are probably upwards of 10% now, so that leaves 90% of our net profits originating from annuity income. Sorry, just doesn't add up for me.

Edit:

The acquired businesses CBAI has purchased are all failures.

I would say unprofitable, not failures. If so, we would have to put CBAI in this catergory as well; our management just proved to be better at obtaining capital financing/dillutive financing. We have the better strategy to arrive at profitability; this does not dismiss the efficiency of the annuity model. These companies just could not reach their delta, as most businesses do not. The airline industry as a whole has not posted a profit in over 50 years; those few companies that do are the outliers of the industry and usually emerge as the leader(s) and capture the most market share.