CBAI – Cord Blood America
Cord Blood America Retires Note in Continuing Effort to Reduce Debt
LAS VEGAS, Oct. 2 /PRNewswire-FirstCall/ — Cord Blood America, Inc. (OTC Bulletin Board: CBAI – News), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com ) focused on bringing the life saving potential of stem cells, a biological insurance policy, to families nationwide and internationally, said today that it has retired a note, principal amount $160,000, in its continuing effort to reduce debt.
Related Quotes
| Symbol | Price | Change |
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| CBAI.OB | 0.0075 | +0.0004 |
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The convertible debenture was held by Tangiers Investors, LP, San Diego, California. “We told our stakeholders and potential investors that a major effort would be made throughout this year to reduce debt and strengthen our balance sheet. This is another example of fulfilling that commitment,” said Matthew Schissler, co-founder and CEO.
Cord Blood America previously announced that, through August of 2009, it had reduced its secured debt by $6.6 million.
About Cord Blood America
Cord Blood America (OTC Bulletin Board: CBAI – News) 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, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTC Bulletin Board: CBAI – News), visit our website at www.corcell.com. For investor information, visit www.cordblood-america.com.
Cord Blood America Inc.
501 Santa Monica Boulevard
Suite 700
Santa Monica, CA 90401
Phone: 310-432-4090
Fax: 310-432-4098
Web Site: http://www.cordblood-america.com
Ronn Motor Company (RNNM.PK) Looking for the Way to Affect the Stock Price
The stock of Ronn Motor Company seems to be stuck in the tunnel between $0.25 and $0.30. It does not look like that any news is going to drive the stock from here. At least, nothing is helping the company.
Ronn Motor Company (RNNM.PK) designs and develops automobiles with eco responsible alternative power systems. The company has recently announced that it signed sales and marketing contract with World Wide Green Lubricants. However, the share price didn’t react.
For this reason, RNNM made a deal with HotShotStocks.com, which from a third party was paid $4,000. Can this promotion affect the stock?
The Stock of Social Media Ventures, Inc. (SMVI.PK) Looses Over 30% of its Value
Someone seems to have gotten rid of Social Media Ventures shares. After the trade yesterday, the stock lost almost 32% of its value and is now worth $0.13. What was the cause of this? Let’s try to analyze it.
Social Media Ventures, Inc. (SMVI.PK) operates social networking sites. At the moment, it operates PetPlaces.com and RockTag.us. In the beginning of August the company announced that PetPlaces.com was to offer the service of pet insurance. The announcement should have increased the value of the stock. However, the opposite thing happened.
Can it be related to the deal between Social Media Ventures and Ahead of the Bulls? SMVI paid 200,000 free trading shares to promote the stock. Was the stock price fall and promotion related?
Who is Able to Move the Stock of Universal Energy Corp. (UVSE.PK)?
Currently, the stock of Universal Energy Corporation (UVSE.PK) is stuck at the price of $0.0002. Is here anyone from backing of the company? Is anyone interested in the company at all?
If you don’t know anything about UVSE, I can tell you some basic facts about it. Founded in 2002, Universal Energy Corporation acquires and develops crude oil and natural gas leases in the United States and Canada.
As indicated in the company’s annual report, current assets constitute $403,000, while liabilities exceed 3 million dollars. Although operating loss has decreased by 42% but UVSE is losing money rather than earning them.
It shouldn’t also be forgotten that Universal Energy has just paid $8,000 to OTC Picks. Will this stock promotion be able to move the stock of UVSE from the dead-point? In my opinion, the $0.0002 price is going to be heavily rousted.
Trying to Find Out More About Ventana Biotech, Inc. (VNTA.PK)
Can anyone tell me anything about Ventana Biotech? It seems that nobody knows anything about this company.
A biotechnology company that develops anti-obesity solutions, Ventana Biotech, Inc. (VNTA.PK) has recently appointed Vijay Guptha to its Advisory Board. The President of the company seems to be excited to have Mr. Guptha in his company: “We are delighted to have Dr. Guptha join our Advisory Board. He is an esteemed scholar, experienced pharmaceutical research professional and a respected advisor to numerous companies around the globe.”
At least, I hope that something is going to change in the company and the stock will move out of the limit of $0.68. In addition, stock promotional campaign should also give a hand. According to the latest news, OTC Stock Exchange was just paid $40,000, while different companies, including Stock Egg, Stock Rich, HotOTC, and Cool Penny Stocks, got $60,000 in total some time ago.
The only thing we can do about this company is just to sit and wait for what is going to happen next. Maybe you have a clue about that?
Beware: Phi Mining Group Inc. (PHIG.PK) on the Stock Promotion
A U.S.-based mining and exploration enterprise focused on acquiring and developing precious metal, base metal and industrial mineral properties, Phi Mining Group Inc. (PHIG.PK) has recently been involved in the stock promotion. It made an agreement with Investors Voice and paid 200,000 shares. At the present price of $0.51, that would be about $100,000. In my opinion, that’s rather much for a company like this.
PHIG does not have to file its annual or quarterly financial statements to the SEC, so the real situation of the company isn’t clear. In addition, it’s unknown where PHIG stock is going. If you looked at the chart, you would notice highly illiquid trading. Shall this stock promotion make any effect on this?
The Affordable Homes Group (GRHI.PK): Has Stock Promotion Helped?
The Affordable Homes Group (GRHI.PK), previously known as Gold Rock Holdings Inc, has paid Stock Guru $21,500 for the service of stock promotion. Has anything changed since that? I don’t think so.
· The stock continues its illiquid trading.
· The latest financial data is almost 10 years old.
· The company isn’t reporting about its activity to the SEC.
All in all, do you think that the stock promotion was really necessary if the company is unable to make the stock trade in a normal way?
Agri-Dynamics, Inc. (AGDY.PK) Trying to Become More Attractive
Agri-Dynamics, Inc. is a holding company which provides management consulting services, incorporated under the laws of the State of Iowa. At present, the stock price is $0.23. However, there does not seem to be much trading.
In my opinion, the company is trying to improve its image over investors. Recently, it paid PTC Reporter 600,000 free trading shares, while earlier StockStars got $10,000, and Willy Wizard was compensated by $2,000. Is this money going to be enough for making the company more attractive?
Clean Coal Technologies, Inc. (CCTC.PK): Shall your Opinion on Pink Sheet Stocks Change?
In the middle of June, Clean Coal Technologies, Inc. (CCTC.PK) announced to have been awarded the formal Certificate of Approval by the Chinese government for its Inner Mongolia project. Besides, it was stated that CCTC completed all prerequisites required for the formal project approval and government financing for its Inner Mongolia cooperative joint venture. Doesn’t that look suspicious to you? This is a Pink Sheet company which does not report the SEC about its activity.
If you look at the stock chart, you will definitely notice the downtrend forming in it. Despite that, the stock price has climbed up by 12%, and reached the value of $2.30. As for a pink sheet stock, the price is rather high, don’t you think so?
It looks like the stock is overvalued. However, my opinion is that the advertising company Alpha Trade is helping the company. It was paid $5,000 for the promotional service. This might provide the explanation what is happening with this stock.
Are Investors Lacking Confidence in Caribbean Casino and Gaming Corp. (CGAQ.PK)?
Gaming and entertainment company, Caribbean Casino & Gaming Corp (CGAQ.PK) has been recently involved in the stock promotion campaign. The company compensated Alpha Trade with $5,000.
On the same day, the Chairman and the CEO of the company, Steven Swank stated, “The new casino is ahead of schedule, and will finish within our budget range, even though we have added some very expensive details to make the experience more exciting.” The news seems to be very positive for the company.
However, the stock price seems to be acting in a totally different way. Yesterday it lost over 20% of its value. What happened? Don’t investors trust the company and they have started selling the stock?