Beacon Equity Initiates Independent Research Coverage for Cord Blood America Inc.
Written By Admin
Wednesday, January 06, 2010
DALLAS, Jan. 6, 2010 - BeaconEquity.com announces an investment report featuring Cord Blood America Inc. (OTCBB:CBAI - News). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision. It is available at: http://www.beaconequity.com/i/CBAI Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity Cord Blood America Inc. (CBAI) is engaged in the business of collecting, testing, processing and preserving umbilical cord blood. The Company is primarily a holding company whose subsidiaries include Cord Partners Inc., CorCell Co. Inc., CorCell Ltd., CBA Professional Services Inc. D/B/A BodyCells Inc., CBA Properties Inc., Career Channel Inc., D/B/A Rainmakers International, and Family Marketing Inc. In addition, the Company provides private cord blood stem cell preservation services to families in the United States. Message Board Search for CBAI: http://www.boardcentral.com/boards/CBAI In the report, the analyst notes: "For the three months ended September 30, 2009, total revenue decreased approximately $90,000, or 9.6% to approximately $0.8 million. . CBAI's revenues remained approximately the same in the comparative periods at $0.8 million. CBAI remains focused on strategic organic growth and accretive acquisition strategies, which management hopes will reduce or eliminate continuing losses and negative cash flow. "CBAI recently announced that it has signed a Letter of Intent to process and store cord blood specimens for BioCells Inc.... BioCells is already the second largest stem-cell storage company in Argentina with annual revenues of 1.5M (USD)... The deal between CBAI and BioCells is pending due diligence, and if it is completed successfully, anticipates the contract closing in the first quarter of 2010." To read the entire report visit: http://www.beaconequity.com/i/CBAI See what investors are saying about CBAI at penny stock forum. BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com Beacon Equity Disclosure DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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