Correction, it's not worth $25 Million anymore. He's messing up. It's only worth $17 Million. Big difference there. And after the dust settles from the R/S and further dilution, what do you think the market cap will me? Probably closer to $10 Million. Sad, but true.
sf, BCBSA/IBC used Matt to solicit investors to fund the CorCell project. Shareholders have been (DILUTED)... no profits to support the IBC/CorCell operation! Mr. Richard Neeson you can resign but you can't hide from the plan that Diluted All shareholder $value$ in this CBAI/IBC investment.
Now IBC wants Matt to RS wash & rinse... Are you really going to praise that plan? If so, you can't be a current CBAI investor. My $100pps prediction as stated for over a year was expecting them to enter as Men not Thieves. The 500:1 RS prelim 14A is corporate thievery. I will not allow IBC to take my money as if I donated it to their cause. No Way!
IBC stop running away from your responsibility to the shareholders that funded the CBAI investment. It's time to pay all shareholders who funded the CorCell/BCBSA stem project.
Sanofi is now in and BCBSA/IBC want to flush CBAI shareholders down the drain because the $1B market has emerged ahead of schedule. They all predicted 2015. Guess what it is happening in 2011!
Question: What was the CBAI pps when the company was worth 7M? and What is the CBAI price NOW at a value of 25M?
Some people just don't get it....CBAI could be worth a BILLION dollars, but what good does it do the shareholders to be the number one stem cell company in the country/world if Matt keeps undercutting our value through dillution and R/S ...back down to sub-pennies per share????
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