Cord Blood America, Inc. (CBAI.OB), reports that the Company is moving closer to eliminating its registered debt. CEO Matthew Schissler noted that “Debt helped this Company grow and grow quickly, but we believe our stock price is languishing because of the debt”.
CBAI feels that it is close to eliminating the registered debt altogether. Clearing the debt along with positive growth are the two top priorities of CBAI in 2007.
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