Replies to post #81704 on CBA Florida Inc. (fka CBAI)

[diannedawn]

It tells you exactly what the company is doing now that Matt has left in significant detail.

In YOUR opinion!

It's missing quite a few "significant detail(s)"
for some of us!!!

Here is the wording from the PR:"Finally, we continue to assess our approximately $2.3 million in existing principal debt versus an outstanding share count that has reached the ceiling of the authorized. We are exploring different alternatives. We recognize that in light of these debt obligations the cash value from the reoccurring sample base alone should provide more than ample coverage, thus providing us the opportunity to execute a viable business strategy.

"The next 90-120 days will be very tactical as we evaluate each and every segment of the business, with the goal of ensuring a financially sound footprint, along with a stable platform to grow. We remain excited about the possibilities, but we also understand this enthusiasm will only carry momentum with positive results," Mr. Vicente said."

WoW! THAT was enlightening!!!
SO GLAD that they are "exploring different alternatives"...AGAIN!
What exactly was the result of their PREVIOUS exploration of "strategic alternatives"???

Oh...that's right!...
they said the wouldn't "comment any further"!
LOLOLOLOLOLOLOLOLOLOLOL!!!

"Cord Blood America does not intend to comment further regarding the evaluation of possible strategic alternatives, unless a specific transaction or process is concluded, or it otherwise deems further disclosure is appropriate or required."

Yes, we can see that Joey learned Matty Speak very well during his position as lap dog.
As CEO he promises to be a MINI MATT.
...AWESOME!!!

That's JUST what this CONpany needed!!!

This is SO funny!!!

BTW...when are we going to get the juicy details of
WHY MATTY REALLY BAILED???

STAY TUNED!!!

[tbk420]

That's fine and good, Paul.

I suppose your definition of "exactly" differs from mine.

The company is fine? That's a pretty rosy assessment, all things considered. The CEO left without any explanation provided, the PPS is currently .0148, and we're out of shares. I guess our definition of "fine" differs greatly, too.

Are you willing to answer any of my questions that don't seem to be addressed by the 10-Q, or break it down so my addled thought processes can understand where I can find the answers in the 10-Q?

Here they are again:


Can anyone tell me what management has been doing at CBAI for the last 18 months?

Can anyone tell me what has happened to all of the stated goals of the last CEO? What is still viable, what is not? If the goals have changed, how have they changed, and why?

What is the specific plan that current management is implementing? Is it identical to the Matt plan?

HOW DO WE STAY IN BUSINESS WITH NO SHARES TO SELL?

What does management intend to do differently than the prior CEO?

----------------------------

It's nice to see the company communicating, at least through IR. I'd really appreciate any light you're willing to shed.

Edited to add:

Before there is some song and dance about more time, I suppose I should also let you know that I am assuming that Joe is intimately familiar with the company he's been managing for many years. As a result, I also assume that he took the CEO position with a concrete plan in place to implement.

If I'm wrong in either, I suppose I also need to ask why in the world not?