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Agent92260

02/22/11 8:09 PM

#53515 RE: sfraven1466 #53514

Okay, but why hush-hush? What's the disadvantage in telling CCEL we have monies to spend?

Thanks
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Booger Red

02/22/11 8:15 PM

#53517 RE: sfraven1466 #53514

Yes sfraven....it was CCEL's attorney that stood up in court and said that CBAI had already made to offers to buy CCEL and they were both turned down, and now they are trying to do an end around to purchase CCEL de Mexico out from under us. Boohoo...please feel sorry for us...

Following the proceedings, Matt was asked by one of the shareholders in attendance if it was really CBAI that made those two offers, and Matt said YES.

So, there ya go....Matt had the financial arrangements all sewed up. IMO the money is still there...just waiting to get this nuisance behind us.
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MrLong

02/22/11 8:26 PM

#53520 RE: sfraven1466 #53514

If we had $1M, $5M, $14M, $20M, $100M cash then why are we still diluting? You are saying we have either profits and/or a financier. Great! Doesn't it seem just a bit too far fetched? Lets bust this myth wide open...

The LOI is with CC MEX (defendant #2) not CC Int'l. CC Int'l knows who wanted to buy them (DW). Do you believe CC Int'L is in negotiations with (DW) today to get a better deal? Nope!

When buying a car, a home, a boat do you show up in the Yugo or Bentley to get the best deal? DW would have loved the CBAI Yugo to show up to make the deal. That's not what happed the DW Bentley showed up. Your conclusion is wrong and we may have to settle with erroneous information was given to us. It makes know sense because CC Int'l according to your theory already knows CBAI arriving today in Yugo has a Bentley parked at the 40k sf DW mansion. So why play poor? It makes no sense. Your perception theory is wrong...! The court case is ongoing. Why would CBAI need to appear weak?... stop! CC Int'L already knows about the rich relative that's backing the purchase according to your theory... stop! Your theory is wrong! The CBAI Yugo machine never made an offer to buy CCEL International twice (2)... maybe CCEL DE Mexico twice (2)?

CBAI is appearing weak because it is short on cash. The appearance is accurate. It has come back to the $27M diluted shareholders wanting more $s to do what it has done; acquire. not acquire to profit but to acquire. Each of those other acquisitions did little to make the company profitable. Now we are suppose to believe that lab #5 CC MEX is supposed to be the one! Really?

The prelim 14A is a legal document that says put theories aside CBAI is considering to ask shareholders to recap at 500:1 and dilute with an AS adjustment. The prelim 14A isn't commanding any strength when you understand it is killing the shareholder value. C'mon... think about it.

We are creating the perception that we do not have the funding to buy CC Mexico from underneath CCEL with the terms of the LOI that were presented (I believe we are sitting on the $14M, and our cover is blown if we do not close before the 10K is due out).



If CBAI made two (2) offers for CCEL Int'L where is the official PR? Cat's out the bag no need to hide it any longer... guys stop! You got me earlier I ran with that DWHP blood pharming believing it was probable. I got to pull it back now and question the information.