Cord Blood America Inc. CBAI Archives

FridayJun 29, 2007 8:17 am

Investors Send Shares of Cord Blood America Inc (CBAI.OB) Up 14.29% Friday, as Company Retires Debt

Cord Blood America, Inc. (CBAI.OB) reports that $650,000 of convertible debt has been retired. "Since the January 25, 2007 Effective Registration statement the holders of this convertible debt have been selling our common stock," said Matthew Schissler, CEO. "We are well aware that this has been a significant drag on the market and we are grateful for our many investors who have patiently waited through this difficult period. We have confirmed that the holders of the debt have converted all their U.S. Securities & Exchange Commission registered debt as of June 28, 2007." "This is a major milestone for Cord…

FridayJun 29, 2007 4:59 am

Cord Blood America, Inc. (CBAI.OB) Featured on MoneyTV

Cord Blood America CEO Matthew Schissler was featured on Money TV, a widely watched television program. MoneyTV is broadcasted to 70 million in the U.S. and 45 million in Western Europe. On the show, he spoke of recent breakthroughs regarding the use of stem cells to treat diabetes. Cord Blood has accomplished many of its goals this year. Operational loss was decreased 145%, revenues were increased 208%, basic and diluted loss per share was halved, and it reported record gross profits. The company is focused on running its own cash flow and using monetary debt to finance new acquisitions. In a recent…

FridayJun 29, 2007 4:15 am

Cord Blood America, Inc. (CBAI.OB) Retires $650,000 of Registered Convertible Debt

Cord Blood America was pleased to announce this morning that $650,000 of convertible debt has been retired. Matthew Schissler, CEO of Cord Blood, stated, “'Since the January 25, 2007 Effective Registration statement the holders of this convertible debt have been selling our common stock. We are well aware that this has been a significant drag on the market and we are grateful for our many investors who have patiently waited through this difficult period. We have confirmed that the holders of the debt have converted all their U.S. Securities & Exchange Commission registered debt as of June 28, 2007.” He…

SaturdayJun 23, 2007 8:02 am

Cord Blood America, Inc. (CBAI.OB) Featured on MoneyTV, as Revenues Up Sharply for the Quarter Ending March 2007

Cord Blood America, Inc. (CBAI.OB) is featured on MoneyTV. Cord Blood America, Inc. CEO Matthew Schissler discussed the company's umbilical cord blood and stem cell storage business, the recent veto of the embryonic stell cell research bill by President Bush and the company's efforts to reduce debt, which had affected the company share price. MoneyTV is the nationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews by hosts Donald Baillargeon and Skip Lindeman with company CEOs, providing insights into their operations and outlooks for their futures. Free information packages from the featured…

FridayJun 22, 2007 4:38 am

Cord Blood America, Inc. (CBAI.OB) Appears on Money TV

Cord Blood America announced that its CEO, Matthew Schissler, was featured on MoneyTV. The television program is all about money and provides insight into companies by interviewing CEOs. Matthew Schissler discussed the company’s umbilical cord blood and stem cell storage business, the recent veto of the embryonic stell cell research bill by President Bush, and the company's efforts to reduce debt. The CEO stated earlier, “I am 100% confident in the ability of CBAI to continue to grow, thrive and be a leader in the stem cell storage industry. I am also extremely excited about the current and future prospects of…

WednesdayJun 20, 2007 6:07 am

Debt Reduction is Key Priority for Cord Blood America Inc. (CBAI.OB)

Cord Blood America, Inc. (CBAI.OB) reports that the family of Matthew Schissler, CEO, has loaned the Company $223,500, through an arrangement involving a third party, to reduce debt. "Putting money into the Company provides it the short term working capital it needs, something that doesn't occur if this discretionary money were spent instead on purchasing stock on the open market," Mr. Schissler said. "This investment gives us the opportunity to focus on the long term growth." Cord Blood America is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission…

WednesdayJun 20, 2007 5:09 am

Cord Blood America, Inc. (CBAI.OB) Continues with its Plans to Reduce Debt

Cord Blood America, a company which is focused on brining the life saving potential of stem cells to families internationally, announced that the family of the Chief Executive Officer has loaned the company $223,500 to reduce its debt. Matthew Schissler, CEO of Cord Blood America, stated, “Putting money into the Company provides it the short term working capital it needs, something that doesn't occur if this discretionary money were spent instead on purchasing stock on the open market. This investment gives us the opportunity to focus on the long term growth." Let us hear your thoughts below:

MondayJun 18, 2007 3:13 pm

Independence Blue Cross of Pennsylvania Executive Named to Board of Cord Blood America Inc. (CBAI.OB)

Cord Blood America, Inc. (CBAI.OB) reports that Richard J. Neeson, Senior Vice President of Independence Blue Cross, Philadelphia, Pa., and President and Chief Executive Officer of NewSeasons, a subsidiary, has been named to its Board of Directors. "Mr. Neeson is primarily responsible for acquisitions, joint ventures and strategic partnerships, including negotiation, contract development and oversight at Independence Blue Cross, and this experience and expertise will prove invaluable for the growth through acquisitions of Cord Blood America," said Matthew Schissler, CEO. Independence Blue Cross and its subsidiaries are the Philadelphia region's largest health insurers with more than 2.6 million members locally,…

MondayJun 18, 2007 4:58 am

Cord Blood America, Inc. (CBAI.OB) Announces a New Addition to the Board of Directors

Cord Blood America announced this morning that Richard J. Neeson will join the company’s Board of Directors. He brings extensive knowledge and expertise which will assist him in his primary responsibility of negotiating acquisitions, joint ventures and strategic partnerships. In 1993 he joined Independence Blue Cross as President and Chief Operating Officer, and today the company is Philadelphia’s largest heal insurer with 3.4 million clients and employs nearly 9,500 people. Mr. Neeson stated, “The importance of umbilical cord blood collection is becoming better known every day and we feel the strong obligation to continue to let expectant parents become aware…

ThursdayJun 14, 2007 11:11 am

In Letter to Shareholders, Cord Blood America, Inc. (CBAI.OB) CEO Outlines Accomplishments

In a recent open Letter to Shareholders, Cord Blood America, Inc.'s (CBAI.OB) CEO Matthew Schissler outlined the Company's accomplishments. Mr. Schissler noter, "I am 100% confident in the ability of CBAI to continue to grow, thrive and be a leader in the stem cell storage industry. I am also extremely excited about the current and future prospects of the organization, and have never felt better about the direction of our Company." In 2007, we promised shareholders that we would continue to be aggressive in seeking accretive acquisitions (there are two in early discussion now) that could add valuable assets to…

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