Navigation Links
Cord Blood America Further Reduction, $817,000, in Long-Term Debt
Date:4/23/2009

SANTA MONICA, Calif., April 23 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com) focused on bringing the life saving potential of stem cells to families nationwide and internationally, which recently announced it has decreased long-term debt by $1.75 million in 2009, said today it has eliminated another $817,000 of long-term debt.

"The remaining debt with YA Global Investments, formerly Cornell Capital Partners, has been assigned to an existing institutional investor. CBAI and YA Global Investments agreed on a one time common share settlement for liquidated damages in connection with assigning the outstanding principal and interest to the existing investor. With this assignment, CBAI has no further debt with YA Global Investments. Cord Blood America regards this as a key milestone on its path to being able to operate on its cash flow," said Matthew Schissler, Cord Blood America Founder and CEO. "We are happy to have worked with YA Global Investments and wish them future success."

"We said decreasing debt would be one of our significant items to focus on in 2009 and we are very pleased on how we are progressing," said Mr. Schissler. "Eliminating debt makes out financial balance sheet stronger and makes Cord Blood America a better investment. We are very pleased with this development."

About Cord Blood America

Cord Blood America (OTC Bulletin Board: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, c
'/>"/>

SOURCE Cord Blood America, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related biology technology :

1. Cord Blood America Announces 2008 Financial Results
2. Metametrix Introduces the New TRIAD(SM) Bloodspot Profile
3. China Biologic Products Completes Acquisition of 35% Interest in Xian Huitian Blood Products Co., Ltd.
4. Prometheus Receives New York State Approval for PROMETHEUS(R) IBS Diagnostic, First Blood Test for Irritable Bowel Syndrome
5. BG Medicine Signs Collaborative Research Agreement with the National Heart, Lung and Blood Institute (NHLBI), and Boston University
6. Cord Blood America Sees Significant Positives in President Obamas Lifting of Stem Cell Funding Restrictions
7. Cord Blood America Restructures Debt; Projects to be Cash Flow Positive
8. In Analyst Interview, Cord Blood America Provides Details of Special Shareholder Meeting
9. Cord Blood Announces $1 Million Reduction in Long Term Debt
10. In Analyst Interview, Cord Blood America Says Stem Cells Now Front and Center for Researchers and Investors
11. ERT (eResearchTechnology, Inc.) and Integrium, LLC Form Alliance to Deliver Integrated Cardiac Safety and Ambulatory Blood Pressure Monitoring Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/29/2014)... Electronic circuits are based on electrons, but one of ... photonic circuits, i.e. circuits based on light (photons) instead ... to create a stream of single photons and control ... sorts of attempts to achieve this control, but now ... creating a steady stream of photons emitted one at ...
(Date:8/29/2014)... - iCo Therapeutics ("iCo" or "the Company") (TSX-V: ... the six months ended June 30, 2014. Amounts, ... and presented under International Financial Reporting Standards ("IFRS"). ... , Announced top-line results related to the eight ... enrolled in the Phase 2 iDEAL Study evaluating ...
(Date:8/29/2014)... Boston, MA (PRWEB) August 29, 2014 ... ones in the biotech start-up dense realm of Boston-Cambridge, ... alliances and able investors. James Sherley, the Director of ... made increasing the local and national visibility of his ... in September 2013. , In addition to a social ...
(Date:8/28/2014)... Best Sanitizers, Inc., the first company to ... asks food processors and food handling professionals to prepare ... currently using to Best Sanitizers’ Alpet® E3 Plus ... fighting cross-contamination and the spread of pathogens in the ... key criteria that make a hand sanitizer most effective, ...
Breaking Biology Technology:Breakthrough in light sources for new quantum technology 2iCo Therapeutics Announces Second Quarter 2014 Financial Results 2iCo Therapeutics Announces Second Quarter 2014 Financial Results 3iCo Therapeutics Announces Second Quarter 2014 Financial Results 4The Adult Stem Cell Technology Center, LLC Participates in Multiple Stem Cell and Regenerative Medicine Conferences Before Year End 2The Adult Stem Cell Technology Center, LLC Participates in Multiple Stem Cell and Regenerative Medicine Conferences Before Year End 3The Adult Stem Cell Technology Center, LLC Participates in Multiple Stem Cell and Regenerative Medicine Conferences Before Year End 4Food Processors and Food Handlers are Encouraged to Prepare for Fall Harvest by Evaluating Their Current Hand Sanitizer Using Nine Key Criteria 2Food Processors and Food Handlers are Encouraged to Prepare for Fall Harvest by Evaluating Their Current Hand Sanitizer Using Nine Key Criteria 3
... - Mikael Dohlsten, M.D., Ph.D., To Succeed As President, ... Wyeth (NYSE: WYE ),today announced that Robert R. ... and Senior Vice President, Wyeth, later this,year. He will ... Ruffolo joined Wyeth in November 2000 and has been ...
... Intense global competition,and today,s networked economy have been ... the strategy of the next century. A,strategic alliance ... be sustainable and,mutually beneficial., How to build ... Forging,Partnerships That Work is a roadmap to successful ...
... /PRNewswire/ - ImmunoVaccine Technologies Inc. (IVT),a vaccine development ... vaccine delivery system used to increase the efficacy ... to protect the,DepoVax(TM) concept., "The results from ... with a single dose," remarked Marc Mansour, vice,president ...
Cached Biology Technology:Wyeth Research Head Robert R. Ruffolo, Jr., Ph.D., Announces Retirement 2Biopharmaceutical Alliances: Forging Partnerships That Work 2ImmunoVaccine Technologies Patents DepoVax(TM) Vaccine Platform 2
(Date:8/28/2014)... for delivering compounds that could positively impact ... may be possible, thanks to researchers in ... semi-soft vaginal suppository made from the seaweed-derived ... antiviral drug Tenofovir provides a woman-initiated, drug-delivery ... of sexually transmitted infections during unprotected heterosexual ...
(Date:8/28/2014)... will be built worldwide by 2050. Many of these ... bring an influx of destructive loggers, hunters and illegal ... a ,global roadmap, for prioritising road building across the ... development and environmental protection. , The map has two ... of ecosystems and a ,road-benefits, layer that estimates the ...
(Date:8/28/2014)... needed to ensure safeguards are in place to protect ... ONE , researchers from Monash University, Stellenbosch University and ... from different studies - to look at the past ... whether they actually protect biodiversity. , Dr Bernard ... from human exploitation made common sense, however, up until ...
Breaking Biology News(10 mins):Sensory-tested drug-delivery vehicle could limit spread of HIV, AIDS 2Sensory-tested drug-delivery vehicle could limit spread of HIV, AIDS 3Study shows where on the planet new roads should and should not go 2Study shows where on the planet new roads should and should not go 3Protected areas proven to protect biodiversity 2
... 2010 (Vienna, Austria) The International AIDS Society (IAS) ... awards, to be presented at plenary sessions during the ... IAS and partners, these awards recognize scientists involved in ... quality of work represented by the 2010 awardees is ...
... how plants grow, reproduce and communicate? Hundreds of international ... Cornell to McGill and the University of Montreal, are ... green: Plant Biology 2010. Media are welcome to attend ... Joint Annual Meetings of American Society of Plant Biologists ...
... It may sound counterintuitive, but LSU Associate Professor of ... the ways organic materials found in the environment, including soils, ... National Science Foundation, or NSF, was so impressed with his ... most prestigious awards the NSF CAREER award. "One of ...
Cached Biology News:International AIDS Society and partners recognize outstanding researchers from around the world at AIDS 2010 2International AIDS Society and partners recognize outstanding researchers from around the world at AIDS 2010 3Flowers do it, trees do it: Symposium on plant reproduction 2LSU researcher looks for new ways to keep a dirty situation clean 2LSU researcher looks for new ways to keep a dirty situation clean 3
...
CQCS kit for etra KR 4i , (other units)....
... The inductive drives of VARIOMAG Magnetic ... as motors, belts, or mechanical bearings, making ... In addition, the VARIOMAG inductive drive can ... water, dust or microorganisms. This is why ...
... Fluoroskan Ascent FL ... fluorometric and luminometric measurement ... long list of advanced ... and Luminoskan Ascent. Fluoroskan ...
Biology Products: