posted
CBAI: up 22%; 10Q Rally; rev up 95%; pps up 60% expected for this rally; 2-day rally expected; thanks to otc4me; one of the best 10Q rallies for this Q.
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
Press Release Source: Cord Blood America, Inc.
Cord Blood America Reports Revenues Up 96 Percent for First Nine Months of Fiscal Year Tuesday November 22, 8:00 am ET
LOS ANGELES, Nov. 22 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI - News), the umbilical cord blood stem cell preservation company which is focused on bringing the life saving potential of stem cells to families nationwide, today announced that revenues for the nine months ended September 30, 2005, increased 96 percent to approximately $1.9 million compared to revenues of approximately $968,000 for the same period in 2004. ADVERTISEMENT
The Company said increased marketing efforts, consistent follow-up with potential customers by telephone, direct mail and e-mail, plus the addition of sales people were some of the key reasons for the increase in revenue. Revenues for the three months ended September 30, 2005 increased 27% to approximately $431,000 compared to approximately $339,000 for the same three months in 2004.
Chairman and CEO Matthew L. Schissler said Cord Blood America continues to be pleased with its operating performance. "It is especially interesting to note an increase in repeat business and referrals by existing customers," Mr. Schissler said.
Cord Blood America also announced that gross profit increased 77 percent for the first nine months of 2005 to approximately $464,000 compared to approximately $262,000 for the same period last year. "We are excited by our growth and our ability to explain the importance of storing umbilical cord blood, both directly to parents and physicians and also through our outstanding web site, www.cordpartners.com. Additionally, we believe our $269 Annual Payment Option makes this life-saving effort affordable to more families," emphasized the CEO.
Mr. Schissler said the Company will continue focus on its direct to consumer sales strategy, but will also put significant emphasis on educating physicians, hospitals and other caregivers. Cord Blood America is developing new sales opportunities with more strategic partnerships with Obstetrics and Gynecology practices and other medical professionals working closely with expectant families. "We believe execution of these partnerships will enhance our long-term growth and profitability," Cord Blood America's CEO said.
This press release is available on the Cord Blood America IR HUB for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com/IR/CordBloodAmerica . Alternatively, investors are asked to e-mail all questions and correspondence to CBAI*agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.
About Cord Blood America
Cord Blood America, Inc. (OTC Bulletin Board: CBAI - News) is the parent company of Cord Partners, 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 diseases, including certain cancers, leukemia, blood, and immune disorders. For more information on how this precious lifeline can benefit your family, visit http://www.cordpartners.com. For investor information, visit www.cordblood-america.com.
Forward-Looking Statements
Some statements made in this press release are forward-looking
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
www.****************: Market Gainer Releases Profile for Care Blood America Incorporated 11/22/2005 12:54:07 PM Nov 22, 2005 (M2 PRESSWIRE via COMTEX) -- **************** strives to find dynamic issues that are unknown but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. **************** has identified the following company based on these issues. Care Blood America Incorporated ( CBAI ) is the parent company of Cord Partners, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children.
Company shares of Care Blood America stormed forward 20 percent today in trading, leaving behind the previous close of $0.205. While up $0.04 to position itself proactively at $0.245, this company stands high above the already sturdy 5 day chart. With over 300,000 shares changing hands today, the company prepares for activity as they reveal positive financial reports.
Care Blood America Incorporated announced today that revenues for the nine months ended September 30, 2005, increased 96 percent to approximately $1.9 million, compared to revenues of approximately $968,000 for the same period in 2004.
Increased marketing efforts, consistent follow-up with potential customers by telephone, direct mail and e-mail, plus the addition of sales people, were some of the key reasons for the increase in revenue. Revenues for the three months ended September 30, 2005 increased 27% to approximately $431,000 compared to approximately $339,000 for the same three months in 2004.
Chairman and CEO Matthew L. Schissler of Cord Blood America pleasantly stated.........
To view the full Market Gainer Report on Care Blood America Incorporated, please visit www.**************** for a complimentary subscription to the newest and most exciting online financial newsletter on the market. No Credit Card information needed.
The Financial Information and Financial Content provided by **************** is for informational purposes only and should
Posts: 3228 | From: Michigan | Registered: Aug 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
