BTEM was above 1.50 just a couple of weeks ago. Went below .50, and has been climbing back up the last two days. Already up .10 today to .82, and it looks good from here.
I was going to post the chart, but my web browser kept closing...check it out!
Posted by SherriT on :
.86 by .87 now...nice steady gains
Posted by a surfer on :
Cryobanks International, Inc. Announces Letter of Intent for $9M Capital Infusion Wednesday March 14, 8:00 am ET
ALTAMONTE SPRINGS, FL--(MARKET WIRE)--Mar 14, 2007 -- The Board of Directors of Cryobanks International, Inc. announced today that they have approved and signed a letter of intent for a $9.0 million financing, which will satisfy the last item needed to complete its merger into BioStem, Inc. (OTC BB:BTEM.OB - News). The merger is part of an Agreement and Plan of Merger initially filed by Cryobanks International and BioStem on November 28, 2005. The merger and capital infusion provides Cryobanks the necessary capital to further its international licensing model and bolster market presence as it relates to other existing lines of revenue. ADVERTISEMENT
The Merger, which is contingent upon Cryobanks raising at least $10,000,000 pursuant to a private placement, has been extended to March 31, 2007. If the financing successfully closes, this will put Cryobanks substantially over the $10,000,000 financing condition, and BioStem and Cryobanks will proceed to close the merger as soon as possible.
Pursuant to the Letter of Intent, subject to completion of due diligence within thirty days, Samarium Technology Group, Ltd., a private investment fund with offices in Canada, BVI and Europe, agreed to purchase $9,000,000 of Class A Secured Convertible Debentures of Cryobanks, which are to bear interest at the rate of 10% per annum, are convertible into 7.5% of Cryobanks' outstanding common stock on a fully diluted basis, and are due and payable on December 31, 2008 (the "Debentures"). The Debentures automatically convert into registered shares of the Company's common stock upon the completion of the Merger and the subsequent effectiveness of a registration statement on Form S-4 registering the shares which the Debentures are convertible into (the "Effectiveness Date").
Pursuant to the Letter of Intent, Cryobanks is to receive $2,000,000 of the proceeds from the Debentures upon the execution of final documents regarding the transactions contemplated by the Letter of Intent (the "Closing"), with the remaining $7,000,000 payable on the Effectiveness Date.
The Letter of Intent calls for a registration statement to be filed within 60 days of the Closing and to obtain effectiveness of such Form S-4 registration statement within 150 days of the Closing. If the Form S-4 registration statement is not declared effective by the 150th day following the Closing, the Debentures shall bear interest at the rate of 15% per annum until paid in full, and Cryobanks shall commence monthly interest only payments starting the first day of the month following the expiration of such 150 day period.
The Letter of Intent also calls for Samarium to be able to elect two members to the Company's Board of Directors, following the increase in the Company's Board of Directors from three members to five members.
Samarium will also receive warrants in connection with the Closing, including a five year Class A Warrant to purchase up to 3.5% of Cryobanks' outstanding common stock on a fully diluted basis (which includes the shares issuable in connection with the conversion of the Debentures), with an exercise price equal to the conversion price of the Debentures; and a five year Class B Warrant to purchase up to 3.75% of Cryobanks' outstanding common stock on a fully diluted basis (which includes the shares issuable in connection with the conversion of the Debentures), with an exercise price equal to $0.001 per share.
The Letter of Intent additionally includes a closing fee equal to 13% of the proceeds received by Cryobanks, and a separate warrant to purchase 1.125% of Cryobanks' outstanding common stock on a fully diluted basis (which includes the shares issuable in connection with the conversion of the Debentures), on the same terms as the Samarium warrants payable to a consultant, as well as a $35,000 structuring fee payable to Samarium.
Finally, the Letter of Intent requires that all the current shareholders of Cryobanks agree to lockup the shares which they currently hold for one year from the effective date of the Merger, which lockup shall terminate as to 25% of the shares locked up by each shareholder on the 90th, 180th, 270th and 365th day following the Merger.
The Closing is anticipated to occur on or before April 15, 2007, of which there can be no assurance, subject to completion of due diligence by Samarium in its sole discretion. The provisions of the final Closing documents to be executed by Cryobanks and Samarium may or may not contain the terms and provisions described above and in the Letter of Intent.
About Cryobanks:
Cryobanks International, is a corporation located in Altamonte Springs, Fl., which is to be acquired by BioStem, Inc. (OTC BB:BTEM.OB - News). The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplants. There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,000 cord blood units. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com.
Safe Harbor Statement
This press release contains "forward-looking statements" by the Company. These statements relate to future events or financial performance and transactions, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements, to be materially different from those contemplated by the forward-looking statements. There can be no assurance that the acquisition described herein will successfully close. We undertake no ongoing obligation, other than that imposed by law, to update these statements. Factors that could affect results, levels of activity, performance or achievements and cause them to materially differ from those contained in the forward-looking statements include the failure to complete the merger of BioStem, Inc. (OTC BB:BTEM.OB - News) and Cryobanks International, Inc., and other factors that can be found in BioStem's filings with the Securities and Exchange Commission, which can be found at www.sec.gov.
Contact: Contact: Robert Gravely Cryobanks International, Inc. Phone: 407-834-8333 Fax: 407-834-3533 Email Contact http://www.cryo-intl.com
-------------------------------------------------------------------------------- Source: Cryobanks International, Inc
Posted by SherriT on :
Gotta love PR support....didn't even see that when I found this baby last night.
Posted by SherriT on :
Ask is now at .90 - should see $1.00 by the end of the week. Sure wish I had seen this one yesterday , but hey, I should still do quite well from where I bought.
Not too late for those who don't mind a stable 20% or so...IMHO.
Posted by a surfer on :
yesterday after 2 PM. this dropped to .45 and has risen from there.
Posted by a surfer on :
still going !!
Another winner Sherri!!
Posted by P Rowds on :
yeah sherri... whats goin on:) your on firrrrrrre...
Posted by SherriT on :
I just told ohio_trader that I guessed I had finally learned how to ride my bicycle. Sure do hope this new system continues to produce a couple of winners so we can all make some money!
Posted by a surfer on :
.96!!!
Posted by SherriT on :
Folks, I don't think we are going to have to wait much longer for dollar land! Posted by a surfer on :
Yea baby!!! .97 X 1.00!!!
Posted by a surfer on :
1.02 X 1.03
Posted by a surfer on :
1.05 X 1.06
Posted by a surfer on :
uhhh, 1.10 X 1.11 RSI realllllly high
Posted by a surfer on :
1.11 X 1.12
Posted by a surfer on :
lol they bring it down on a few sells ... correct the RSI then BOOM!!!
1.15 X 1.16 3 x 1
Posted by a surfer on :
man I tell ya they have tried to scare shares from people 4-5 times...
This is a trip! Yea and I mean the acidic kind...
Posted by ottoman on :
awesome! any major resistence points/walls coming on BTEM?
just seems like a juggernaut!
Posted by ottoman on :
what's with those .86 prints? lol!
Posted by a surfer on :
SHERRI WHERE ARE YOU???
1.22 !
3 sells went through at .86 while the bid was 1.21??
1.24 now
Posted by ottoman on :
1.26 cripes!! weeeeeeeeee
Posted by 10of13 on :
Sherri.. I have figured out how to help you make $... you tell me what you are picking... I do nothing but sit back and watch... and you get the green... this is working well for YOU! LOL Posted by SherriT on :
I went to get lunch! (This is also part of the system...)
I had a sell take, and was planning to buy RSDS, which was only at .0011 when I left - now .002 Posted by a surfer on :
another Giant sell at .84..... WTF
As the bid and ask go to 1.26 x 1.27
Posted by ottoman on :
quote:Originally posted by a surfer: another Giant sell at .84..... WTF
As the bid and ask go to 1.26 x 1.27
they dont seem to register on the pps though, probably mm games, scrambling Posted by SherriT on :
quote:Originally posted by 10of13: Sherri.. I have figured out how to help you make $... you tell me what you are picking... I do nothing but sit back and watch... and you get the green... this is working well for YOU! LOL
Actually, I would much prefer if you were making green too! I am really beginning to like this new system....
Posted by a surfer on :
quote:Originally posted by ottoman:
quote:Originally posted by a surfer: another Giant sell at .84..... WTF
As the bid and ask go to 1.26 x 1.27
they dont seem to register on the pps though, probably mm games, scrambling
I agree.
Posted by ottoman on :
LOL zero shares traded at .924 lol
what the heck kinda MM signal is that?
zero shares, LOL
Posted by ottoman on :
1.27 ka-friggin-chiggin-maliggin-BOOM!!
Posted by ottoman on :
1.3 ON DECK Posted by SherriT on :
It's not on deck, IT'S HERE! WAHOOOO!!!!! And I thought it might take a couple of days to get this high!
Posted by a surfer on :
every time I go to sell it jumps up....screw it I am holding till I see fit.
1.28X 1.30
LOL
1.30 X 1.31
Posted by SherriT on :
Days like this are just priceless...almost everything I am watching is RED, except what I actually bought (or things that I KNOW will go up)...
FINALLY I choose the right one!
Posted by ottoman on :
damn, the funny thing is, I have no real-time level 2 for otcbb LOL, I will be getting it soon (along with Pinkie level2 )
but it's kinda fun (and stupid) flying blind watching it cruising up!
If anyone sees any monster walls, or resistence points appear, let me know Posted by SherriT on :
OT: Surf - look at LEND now Posted by ottoman on :
quote:Originally posted by SherriT: Days like this are just priceless...almost everything I am watching is RED, except what I actually bought (or things that I KNOW will go up)...
FINALLY I choose the right one!
lol that is a rarity! Awesome job! (or luck..whichever works lol)
Posted by ottoman on :
Everytime they try that little shake it springs back up.
I guess we'll be running right into the close and GAPPA tomorrow!!
Posted by ottoman on :
1.34 momma celeste!!!!!!!
Posted by 10of13 on :
HOLY CRAP! Posted by P Rowds on :
haha otto... man... wished i coulda rode this girl with you guys...
Posted by a surfer on :
LOL no real walls
5 on the bid at 1.34
Posted by RichBy26 on :
Great call SherriT and Congrats to all those who got in early!!!!
Posted by SherriT on :
Thanks all! (Funny part? My other pick of the day that I didn't post - LEND - I bought at 4.40 and sold at 4.65 - it is now trading around 6.50 So see, I'm not that lucky - LOL )
Posted by ottoman on :
woo friggin hoo (dont forget the hoo)
Posted by ottoman on :
theres that .924 trade again, MM signal for Help my ass is on fire!!?? LOL
Posted by a surfer on :
quote:Originally posted by SherriT: Thanks all! (Funny part? My other pick of the day that I didn't post - LEND - I bought at 4.40 and sold at 4.65 - it is now trading around 6.50 So see, I'm not that lucky - LOL )
I can't believe that!!!
And I thought it was a dead duck....
Posted by SherriT on :
RSI is really hot again too...probably will cool until 3:30 EDT-ish
Posted by a surfer on :
another mini shake gone bad...
Posted by ottoman on :
quote:Originally posted by a surfer: another mini shake gone bad...
MMs Gone Wild.
Show us your Bids!! and smack that assk! Posted by SherriT on :
RSI is just about down now....should hopefully have one terrific close if the rest of the day is any indication!
Posted by a surfer on :
1.29 X 1.30 this might be real.
but I doubt it... LOL back to 1.34 X 1.35
Posted by SherriT on :
Any guesses on the close here?
Posted by ottoman on :
1.39 print
Posted by SherriT on :
I'm saying 1.38 bid, 1.39 ask - not sure about the exact number....
Posted by ottoman on :
1.39 commin
Posted by SherriT on :
Folks, I am all out...don't want to look a gift horse in the mouth, but I do think you guys will get more out of it Posted by ottoman on :
quote:Originally posted by SherriT: Folks, I am all out...don't want to look a gift horse in the mouth, but I do think you guys will get more out of it
thanks! awesome to say, but Im a greedy mo, and Im holding for DA GAPPA!!!
Posted by 10of13 on :
Posted by RichBy26 on :
good decision SherriT, that strategy will serve you well;)
Posted by ottoman on :
MMs trying hard to shake people at EOD lol
Posted by SherriT on :
I hope everyone made some good money here today - I'll do my best to find us another honey over the next couple of days!
Posted by ottoman on :
1.4 weeeee
Posted by a surfer on :
Pretty soon we'll have to give Sherri a cut...
Posted by SherriT on :
quote:Originally posted by a surfer: Pretty soon we'll have to give Sherri a cut...
Nope - just remember me when you find a honey! Sharing information makes all of us rich!
Posted by vichingo103 on :
tomorrow another run??
Posted by SherriT on :
Vichingo103 - I think it is going to start running early, but how far it goes is anyone's guess. If you buy in, I personally would not stay too long - that is just my opinion though...
Originally, I expected it to take a day or two to get this far, so I was wrong on that account. Just be careful and protect your capital!
Posted by a surfer on :
1.46 X 1.47 premarket!!
Posted by ottoman on :
1.465 x 1.47 gonna be a great day!!
Posted by ottoman on :
btem crashing Posted by a surfer on :
coming back!!!
It missed my sell order earlier....grrrr.
1.20 X 1.22
this might come back to the 1,30's
Posted by ottoman on :
only the 1.3s? no way, we see $2 today!!!
woot woot
Posted by ottoman on :
1.36 x 1.39
Posted by a surfer on :
1.36 X 1.39!!!!
Posted by ottoman on :
does your time/sales show these recent trades? maybe my data is messed up. my TS is still showing 1.25 at 10:02 as last trade.
Posted by ottoman on :
1.38 x 1.39
Posted by vichingo103 on :
1.47 x 1.48
Posted by ottoman on :
quote:Originally posted by vichingo103: 1.47 x 1.48
KA FREAKIN BOOM!!!
Posted by a surfer on :
Wow!!!!!!!!!!
Posted by a surfer on :
I am out at 1.47
Good luck otto!!
Maybe she'll go to 2 for you!!
Posted by ottoman on :
HOPE SO, nothing wrong with taking profit at anytime!! well done!!
Posted by SherriT on :
Congrats Surf! I am still watching, Otto Posted by ottoman on :
1.52 yummy
Posted by ottoman on :
**********: BioStem, Inc. (BTEM) SqueezeTrigger Price is $2.01. Approximately 570,331 Shares Shorted Since April 2005 According to ********** Research Report
Mar 15, 2007 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, is initiating coverage of BioStem, Inc. (OTCBB: BTEM) after releasing the latest short sale data to March 2007. From April 2005 to March 2007 approximately 7.4 million total aggregate shares of BTEM have traded for a total dollar value of nearly $14.9 million. The total aggregate number of shares shorted in this time period is approximately 570,331 shares. The BTEM SqueezeTrigger price of $2.01 is the volume weighted average short price of all short selling in BTEM. The first of several short squeezes began when BTEM closed above $1.23, where approximately 350,000 shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.**********.
Month Total Vol. Short Vol Avg.Price $Value
Apr 05 8,956 690 $0.69 $474
May 12,480 961 $0.68 $652
June 5,608 432 $0.62 $268
July 580 45 $0.63 $28
Aug 2,460 189 $0.45 $85
Sept 520 40 $0.38 $15
Oct 7,216 556 $0.72 $401
Nov 189,011 14,554 $1.31 $19,102
Dec 22,409 1,725 $2.49 $4,288
Jan 06 44,423 3,421 $2.89 $9,868
Feb 361,853 27,863 $4.26 $118,765
Mar 754,972 58,133 $5.29 $307,668
Apr 221,549 17,059 $3.07 $52,372
May 65,078 5,011 $2.83 $14,156
June 57,274 4,410 $2.75 $12,128
July 33,514 2,581 $2.25 $5,806
Aug 100,070 7,705 $2.30 $17,703
Sept 115,443 8,889 $2.44 $21,645
Oct 157,875 12,156 $3.03 $36,773
Nov 169,856 13,079 $3.05 $39,891
Dec 205,539 15,827 $1.85 $29,319
Jan 07 337,320 25,974 $0.93 $24,091
Feb 317,261 24,429 $1.21 $29,620
Mar 4,215,635 324,604 $1.23 $400,074
Tot 7,406,902 570,331 $2.01 $1,145,191
*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average short price.
***short volume is the total short trade volume and does not account for covers.
Posted by tompom on :
Cryobanks International, Inc. Announces Letter of Intent for $9M Capital Infusion Mar 15, 2007 11:01:00 AM
ALTAMONTE SPRINGS, FL -- (MARKET WIRE) -- 03/15/07 -- The Board of Directors of Cryobanks International, Inc. announced today that it has approved and signed a letter of intent for a $9.0 million financing, which will satisfy the last item needed to complete its merger into BioStem, Inc. (OTCBB: BTEM). The merger is part of an Agreement and Plan of Merger initially filed by Cryobanks International and BioStem on November 28, 2005. The merger and capital infusion provides Cryobanks the necessary capital to further its international licensing model and bolster market presence as it relates to other existing lines of revenue.
The Merger, which is contingent upon Cryobanks raising at least $10,000,000 pursuant to a private placement, has been extended to March 31, 2007. If the financing successfully closes, this will put Cryobanks substantially over the $10,000,000 financing condition, and BioStem and Cryobanks will proceed to close the merger as soon as possible.
Pursuant to the Letter of Intent, subject to completion of due diligence within thirty days, Samarium Technology Group, Ltd., a private investment fund with offices in Canada, BVI and Europe, agreed to purchase $9,000,000 of Class A Secured Convertible Debentures of Cryobanks, which are to bear interest at the rate of 10% per annum, are convertible into 7.5% of Cryobanks' outstanding common stock on a fully diluted basis, and are due and payable on December 31, 2008 (the "Debentures"). The Debentures automatically convert into registered shares of the Company's common stock upon the completion of the Merger and the subsequent effectiveness of a registration statement on Form S-4 registering the shares which the Debentures are convertible into (the "Effectiveness Date").
Pursuant to the Letter of Intent, Cryobanks is to receive $2,000,000 of the proceeds from the Debentures upon the execution of final documents regarding the transactions contemplated by the Letter of Intent (the "Closing"), with the remaining $7,000,000 payable on the Effectiveness Date.
The Letter of Intent calls for a registration statement to be filed within 60 days of the Closing and to obtain effectiveness of such Form S-4 registration statement within 150 days of the Closing. If the Form S-4 registration statement is not declared effective by the 150th day following the Closing, the Debentures shall bear interest at the rate of 15% per annum until paid in full, and Cryobanks shall commence monthly interest only payments starting the first day of the month following the expiration of such 150 day period.
The Letter of Intent also calls for Samarium to be able to elect two members to the Company's Board of Directors, following the increase in the Company's Board of Directors from three members to five members.
Samarium will also receive warrants in connection with the Closing, including a five year Class A Warrant to purchase up to 3.5% of Cryobanks' outstanding common stock on a fully diluted basis (which includes the shares issuable in connection with the conversion of the Debentures), with an exercise price equal to the conversion price of the Debentures; and a five year Class B Warrant to purchase up to 3.75% of Cryobanks' outstanding common stock on a fully diluted basis (which includes the shares issuable in connection with the conversion of the Debentures), with an exercise price equal to $0.001 per share.
The Letter of Intent additionally includes a closing fee equal to 13% of the proceeds received by Cryobanks, and a separate warrant to purchase 1.125% of Cryobanks' outstanding common stock on a fully diluted basis (which includes the shares issuable in connection with the conversion of the Debentures), on the same terms as the Samarium warrants payable to a consultant, as well as a $35,000 structuring fee payable to Samarium.
Finally, the Letter of Intent requires that all the current shareholders of Cryobanks agree to lockup the shares which they currently hold for one year from the effective date of the Merger, which lockup shall terminate as to 25% of the shares locked up by each shareholder on the 90th, 180th, 270th and 365th day following the Merger.
The Closing is anticipated to occur on or before April 15, 2007, of which there can be no assurance, subject to completion of due diligence by Samarium in its sole discretion. The provisions of the final Closing documents to be executed by Cryobanks and Samarium may or may not contain the terms and provisions described above and in the Letter of Intent.
About Cryobanks:
Cryobanks International, is a corporation located in Altamonte Springs, Fl., which is to be acquired by BioStem, Inc. (OTCBB: BTEM). The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplant. There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,000 cord blood units. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com.
Safe Harbor Statement
This press release contains "forward-looking statements" by the Company. These statements relate to future events or financial performance and transactions, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements, to be materially different from those contemplated by the forward-looking statements. There can be no assurance that the acquisition described herein will successfully close. We undertake no ongoing obligation, other than that imposed by law, to update these statements. Factors that could affect results, levels of activity, performance or achievements and cause them to materially differ from those contained in the forward-looking statements include the failure to complete the merger of BioStem, Inc. (OTCBB: BTEM) and Cryobanks International, Inc., and other factors that can be found in BioStem's filings with the Securities and Exchange Commission, which can be found at www.sec.gov.
Contact: Robert Gravely Cryobanks International, Inc. Phone: 407-834-8333 Fax: 407-834-3533 Email Contact http://www.cryo-intl.com Posted by RagingBull on :
why the drop ?
Posted by ottoman on :
moving back nicely Posted by ottoman on :
MORE BTEM NEWS!!!
Cryobanks International, Inc. Announces Intent to Seek Listing on American Stock Exchange Cryobanks International, Inc., which is to be acquired by BioStem, Inc. (OTCBB: BTEM), announced today that upon the completion of the $9.0 million dollar funding announced on March 14, 2007, they intend to file an application to list BioStem, Inc. on the American Stock Exchange.
Cryobanks has reviewed its balance sheet and financial condition and determined that in the event the Financing closes as anticipated, it will meet the required shareholder's equity listing criteria set by the American Stock Exchange. There can be no assurance, however, that the American Stock Exchange will ultimately accept the listing. Prior to completion of the merge and submission of formal requests to transfer to the AMEX, Cryobanks has informally consulted with one of the largest specialists on the AMEX to ensure the success of a proposed transfer. Should everything proceed as anticipated, the company will file the application simultaneous with the filing of the registration statement which is required to close the merger of BioStem and Cryobanks, with the hope that the AMEX listing will become effective upon the closing of the merger.
"After reviewing the many well known advantages of listing on the AMEX, we feel that transferring to AMEX would only render positive results to our organization. Transferring to AMEX will not only provide a less volatile trading environment, but also increase our visibility within the marketplace. Utilizing the expertise of a top specialist will further ensure that the transfer process will be performed with an unparalleled degree of professionalism as well as serving to expedite the transition to a completed state," said Dwight Brunoehler, CEO of Cryobanks.
There can be no assurance, however, that the previously announced financing, which is still subject to completion by the investor of due diligence, will ultimately close, that the previously announced merger will close, or that the American Stock Exchange will ultimately approve the listing application of the company, even if the company meets all of the published listing qualifications of AMEX.
About Cryobanks:
Cryobanks International is located in Altamonte Springs, Fl., which is to be acquired by BioStem, Inc. (OTCBB: BTEM). The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplants. There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,000 cord blood units placed on international registries. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com. Posted by ottoman on :
THIS IS KABOOM NEWS!!!
Posted by ottoman on :
Come back in guys
Posted by 10of13 on :
I think many peeps went to play with LEND...that one has gone crazy...(Yes another pick of Sherri's...she's HOT!...LOL) This might need to "settle" to get goin' again...IMO
Posted by ottoman on :
30000 buy at 1.52 Thats what Im talkin bout!
Posted by SherriT on :
LOL - I didn't post that one yesterday since it was one of the subprimes - I honestly didn't expect this out of it - just a couple of dollars.
I agree, 10, I think this one (BTEM) has to settle and/or will be good for swing trades eventually....
Posted by RagingBull on :
Hi sherrit I heard ur the new hot stock picker this week
Posted by SherriT on :
Nope - not me...I wouldn't dare claim that responsibility! I'm just sharing what I see, right or wrong, and hopefully we can all make a little money.
Posted by ottoman on :
1.57 Me Rikey Vely Much!!
Posted by chokten on :
nice, i walk away for a meeting and come back to avery nice profit. gotta luv that.
Posted by RagingBull on :
closed at 2?
Posted by SherriT on :
What closed at 2?
Posted by RagingBull on :
i meant maybe this goes to 2 today
Posted by ottoman on :
quote:Originally posted by RagingBull: i meant maybe this goes to 2 today
right on brutha! This latest PR could carry it for a few days Posted by RagingBull on :
trying to get some at 1.56
Posted by RagingBull on :
noody is selling lol this has more in the tank maybe not enough for 2 but 1.80 eod possible
Posted by RagingBull on :
on the daily chart its above 50ma heading towards 200ma and the rsi under60 this could has plenty to take us into next week on one those runs we all watch and wish we was in lol
Posted by ottoman on :
end of day RUN commencing
Posted by RagingBull on :
whoa I almost sold at 1.64 i forgot i had a sell order rom early on lol
Posted by ottoman on :
1.67 kaboomm
Posted by RagingBull on :
1.70 coming
Posted by ottoman on :
$3 coming Posted by SherriT on :
Very nice gentlemen! Congrats to those still in here!
Posted by RagingBull on :
sherrit whats ur opinion on the merger and the other pr about moving exchange?
Posted by RagingBull on :
wow did u see that nite sbsh and fanc teamed up to stop the eod the rally , something must be cooking we havent seen the end of this one stay tune for tomorrows epidose lol
Posted by SherriT on :
I think the company has very solid prospects, and I will continue to watch this one very closely.
Personally? I am watching for and expecting a pullback (like the one to 1.10 this morning) at some point again. Historically this stock goes up and down if you look at their yearly chart. This kind of news may keep it high, but I can't afford to lose profits at this point in my trading, so I jumped out yesterday to avoid a loss of any kind.
I think the merger will happen and I think they will uplist though...when is anyone's guess...
Posted by RagingBull on :
thanx for ur feed back Sherrit ,im on the same boat when it comes to funds , cant risk anything i have to take small gains as they come and not gamble
Posted by ottoman on :
1.65 x 1.66
Posted by ottoman on :
1.7 !! awesome
Posted by ottoman on :
1.74 ask
Posted by chokten on :
looking good...
Posted by SherriT on :
Energizer Bunny here - hope you get your $2 today!
Posted by RagingBull on :
sold at 1.78 looking for entry again
Posted by RagingBull on :
bought half at 1.70 if dips ill buy the other half
Posted by chokten on :
dumped at 1.83, kept some free shares.
Posted by ottoman on :
1.87
Posted by chokten on :
I'll be regreting my dump, but just happy to make some progit that i did.
Posted by ottoman on :
$2!!!!!!!!!!!!!
Posted by chokten on :
yep damn, nice.
Posted by RagingBull on :
i sold at 1.90 looking to get back in let see if mm's bring it down like they did yesterday before the close
Posted by a surfer on :
well now I feel like a dork for selling at 1.47....
Posted by chokten on :
a surfer, right there with you, sold at 1.83 right before it took off...still have some free shares left.
Posted by SherriT on :
Try 1.35 here LOL
Posted by RagingBull on :
ok im back in with half at 1.98
Posted by RagingBull on :
Im out of round trip day trades with hti sone imma have to hold til monday if this dips ill average down L2 looking very strong , i feel a short squeeze coming
Posted by SherriT on :
WOW guys! I may have to come back and play a bit, especially with the merger news...congrats to those who held! I would have had a 4 bagger right now if I were still holding...but profit is profit Posted by RagingBull on :
yup profit is always a good thing , Sherrit you didnt get the 4 bagger but you gain some new friends Posted by SherriT on :
Friends are worth much more than the 4 bagger Posted by ottoman on :
BTEM NEWS-
Cryobanks International Reports One of the Largest Inventories of Cord Blood for Transplant in the World True to its corporate mission statement "to become the largest provider of cord blood stem cells for transplant and research purposes in the world," Cryobanks International, Inc. (CII) continues to exhibit record growth. With over 15,000 cord blood units processed and 9,000 listed on international registries for transplant, CII continues its push to help close the gap between patient needs and available resources of donated cord blood.
Over 35,000 American children and adults with life-threatening illnesses find themselves in need of a transplant each year. That number grows to more than 150,000 annually worldwide.
According to Cryobanks' CEO, Dwight Brunoehler, as much as 80% of all the cord blood units donated and collected do not meet the rigid transplant standards. A variety of reasons including low volume, low viability, incomplete paperwork and positive bacterial fungal culturing can restrict the use of the cord blood for transplant.
In Cryobanks' case, units that are not acceptable for transplant may be used to advance research in the field. Cryobanks' policy of furnishing cord blood research units to qualified institutions is predicated on the units being used for non-controversial and non-cosmetic purposes.
Posted by bullpicks6 on :
Nice news, I think we run to about 3.25-3.50 before any sort of pullback
Posted by RagingBull on :
they dropped it 30 points on 25k shares lol im loading up
Posted by 10of13 on :
Was not nice at all!!!
But do as the MM's do... Posted by bullpicks6 on :
they giving us more cheapies...no biggie
Posted by SherriT on :
Time to average down for those of you who thought she was gonna keep going --like me 2.34 Posted by ottoman on :
shakage here, watch this puppy spring back quickly. grab em if you can
Posted by TheSpartan on :
I cant believe this ..the MMs are criminals
Posted by RagingBull on :
i sold at 1.98 i would get in but i need some sleep see yal later
Posted by ottoman on :
shake over already lol
Posted by SherriT on :
*#$% I missed it because of the darn ChoiceTrade streamer again....
Posted by chokten on :
picked some back up on that dip
Posted by sabre81 on :
quote:Originally posted by SherriT: *#$% I missed it because of the darn ChoiceTrade streamer again....
What's wrong with the streamer? i just signed up for choicetrade...
Posted by SherriT on :
They have been having problems with the timing between the Level Is and Level IIs - it is close to being resolved though (I would still recommend them FWIW)
Posted by ottoman on :
I have choicetrade, and Im getting the choicestreamer for free (3 month trial) No realtime Level 2 though.
do you guys have choicestreamer with realtime OTC and Level II pinks? how is it?
Posted by 10of13 on :
My streamer has been ok with Choicetrade... FWIW
Posted by 10of13 on :
Hmmm...are they going to let it go...????
Posted by SherriT on :
10? Do you have your level IIs with ChoiceTrade though? That is where I have the problem....
I like it ottoman, on most days...
Posted by 10of13 on :
Yeah...I haven't noticed a problem this am sherri...
Posted by SherriT on :
I only had one bad blip with it - naturally it was on the dip to the 1.60s. This morning I had more issues with the charts not wanting to change as you change LIIs
All seems to be working good now. I reported it to ChoiceTrade, and about 10 minutes later, it was fine again...
Posted by ottoman on :
quote:Originally posted by SherriT: 10? Do you have your level IIs with ChoiceTrade though? That is where I have the problem....
I like it ottoman, on most days...
no , I currently have no realtime otc or pink level 2's on choicestreamer, they are just giving me the free trial thingy. its basically just realitme level I quotes and realtime time/sales.
I like it and will probably sign up for level 2 otc and pinks, just wanted to hear from you if that's what you have.
I like Choicetrade alot
Posted by 10of13 on :
Man..no more dips...we are just goiong to go up now..hope all are loaded...Whoo hooo!!!
Posted by ottoman on :
what a dip, what an opportunity to grab cheap shares and I had no dry powder with which to shoot!
Posted by SherriT on :
Yep - I said I was watching for one, and bought an hour too soon - LOL - but I have shares and that is OKey fine with me Posted by 10of13 on :
March 19, 2007 - 11:34 AM EDT
close Email this News Article
BTEM 2.20 -0.02
Today 5d 1m 3m 1y 5y 10y
StockPromoters.com Announces The Daily Top Four, The Highest Yielding Campaign Results for Monday, March 19, 2007! StockPromoters.com has ranked all recent promotional campaigns by performance and has compiled the following list of winners by stock and promoter.
BioStem, Inc. (OTCBB: BTEM) traded higher by about 40 percent intraday from its previous close on over 998,000 shares. Average volume over the past 3 months was 129,704. The Stock Pic was reportedly paid twenty thousand dollars for this campaign.
VIOP 5000 Inc (PINKSHEETS: VPFI) showed an increase from its average 3-month trading volume of about 883,000 shares to over 5,254,000 with a subsequent rise in stock price of about 18 percent intraday. Stock Egg reportedly received ten thousand dollars and five hundred thousand free trading shares for their efforts.
BodyTel Scientific, Inc. (OTCBB: BDYT) jumped from an average volume over the past three months of 125,000 to over 698,000 million shares traded. The stock price also showed a sizeable increase of about 6 percent in intraday trading and at the close. The Hansel Report was reportedly compensated fifty thousand dollars for their participation.
B2 Digital, Inc. (OTCBB: BTOD) got about a 400 percent jolt to its average trading volume, which averaged about 44,000 over the past 3 months, but jumped to about 227,000 with the help of Stock Guru. The stock price moved nicely intraday, and closed up about 6 percent. Stock Guru was reportedly compensated thirteen thousand dollars for this investor relations program.
About StockPromoters.com
Posted by Bluemound_Freak on :
What are your predictions for this little upswing? I got in just before the price dipped as well and am too just happy to be along for the ride!
Posted by 10of13 on :
Blue? I have my sell at 3.00 FWIW
Posted by SherriT on :
I think this one has good potential - I rode it from .82 to 1.35 and it hasn't really stopped since except for a couple of good dips. They are supposed to be merging fairly soon....
I don't think it is as much an upswing as it is an uptrend (to me a swing is more short term). I'm still playing it for a short gainer though...
Thoughts anyone else?
Posted by Bluemound_Freak on :
Thanks, I have a habit of hanging on too long for some profits and get caught with my hand in the cookie jar so to speak! I failed to collect on 2500.00 just this morning but maybe this will help me feel better about myself!
Posted by wrangler on :
I bought in at the low today. Uptrend is definitley the right word. Parents are being told to store their childrens umbilical cords for futre need. The future need of course has to do with the ongoing stem cell research and development. I think this one will keep going up over time, maybe not like it has this last couple of weeks, but belly buttons are in!
Posted by 10of13 on :
belly buttons are in! LMAO...with piercings to!
Posted by SherriT on :
Yes, I remember being bombarded with ads last year when my son was born...(or just before). I almost saved his....
Posted by Bluemound_Freak on :
My Daughter was born in August of last year, I Laughed at the idea of paying 600-700 a year to save some blood. I just hope their are people that do it unlike me! "at least until this hits 3-4 dollars"
Posted by bullpicks6 on :
this is looking strong....it sustained, the pullback, and now we're back on track...niiiiicee
Posted by ottoman on :
10,000 share buy at 2.26! nice
Posted by RagingBull on :
i missed out on making more money for sleeping lol
Posted by SherriT on :
So are we going up EOD or what? Posted by chokten on :
lets hope...
Posted by RagingBull on :
i think it dips eod cautios traders might take profits after yodays big action , this has officialy become an atm maching
Posted by ottoman on :
quote:Originally posted by SherriT: So are we going up EOD or what?
yes, with a shake here/there for good measure
Posted by bullpicks6 on :
well to be honest we need a pullback to sustain these levels, so that we can go higher without getting whacked back to start...you see what I'm saying?
Posted by SherriT on :
Yep - that is why I had not bought back in until this morning, but this morning I started thinking maybe it wouldn't for a bit...
This one does tend to be up and down historically too, but that was also pre-merger news
Posted by RagingBull on :
here we go back up again imma buy a bunch here
Posted by SherriT on :
Dip-a-roni here boys and girls...I think we are closing red today.
Posted by ottoman on :
quote:Originally posted by SherriT: Dip-a-roni here boys and girls...I think we are closing red today.
nope Posted by ottoman on :
get the cheapies on this dip
Posted by RagingBull on :
niceeeeeeeee im back in
Posted by 10of13 on :
yep...I bought more also...can we go back up now?
Posted by RagingBull on :
lol profit was taken now we move up peopel cant get enough of this
Posted by ottoman on :
quote:Originally posted by RagingBull: lol profit was taken now we move up peopel cant get enough of this
I haven't sold a share from .71
Clearly more to come
Posted by 10of13 on :
ottoBRAVEman! Posted by SherriT on :
I got more on the dip too - we still have profit taking going on
LET'S GO PEOPLE! There's money to be made so get the heck out if you don't want some Posted by SherriT on :
quote:Originally posted by 10of13: ottoBRAVEman!
No kidding!
Posted by daronnyc on :
do u guys think this will go to over $3 next week????
Posted by 10of13 on :
That's the hope...
Posted by wes19c on :
i started to get in this on the dip, you guys better hope i dont because if i do it'll drop, everything i buy tanks.
Posted by SherriT on :
wes19c - STAY AWAY! LOL
Posted by daronnyc on :
we should call you "Mush" then...
Posted by ottoman on :
end of day run starting
Posted by SherriT on :
quote:Originally posted by ottoman: end of day run starting
you hope. Posted by wes19c on :
Sherri - i might just have to jump in this!! uh oh!! Posted by SherriT on :
Actually wes? I think this is a pretty good stock IMHO....
Posted by wes19c on :
quote:Originally posted by SherriT: Actually wes? I think this is a pretty good stock IMHO....
yeah i think so too. I've got my order in! Lets hope my luck changes, for your sake and mine! haha
Posted by netguy81 on :
i think i'll buy tomorrow if it goes down further ... all this while i was following it but had my money in other picks !!
if it doesn't dip ... then i'll continue watching it and you all can continue playing this and making $$$ Posted by ottoman on :
oh well, it closed red, well Im in this for the medium/long term looks great
Posted by SherriT on :
Gang, as much as I don't like seeing red, I think this was very healthy. To run like this one has the last few days? Might be really good for the rest of the week....here's hopin'
Posted by wes19c on :
i got in right at the close. prepare to see some red! lol
Posted by wrangler on :
You are a fun bunch, glad to make your aquaintence!
Posted by 10of13 on :
So wes19c..if we stay red we can all blame you? LOL Let's have a good day here!!
Hey wrangler...fun bunch? also odd bunch...
Let's go green!!!!
Posted by Bluemound_Freak on :
Looks like a red day........excuse me wes, can I see you outside! Posted by TheSpartan on :
down .30 on 20k shares?
Posted by RagingBull on :
so if i buy 60k shares without an offset will be up .60?
Posted by RagingBull on :
this could be back to 2 in an hour wish i had more funds
Posted by ottoman on :
btem news
Posted by SherriT on :
So is it GOOD news? Posted by 10of13 on :
March 20, 2007 - 9:48 AM EDT
Cryobanks International Featured in Daytona Beach News Journal Article Bio Stem, Inc. (OTCBB: BTEM) announced today that Cryobanks International, Inc., which has agreed to be acquired by Bio Stem, Inc., released the following announcement:
In an article entitled "Umbilical Cord Cells Offer Hope," the Sunday, March 18th edition of the Daytona Beach News Journal (http://www.news-journalonline.com/pdf/fl_dbnj0318.pdf ) discusses the option to donate or store umbilical cord blood. New parents are faced with a barrage of information regarding their choices, however, the decision on what to do can be confusing considering everything else surrounding the arrival of a newborn child.
In the article, it was noted that Cryobanks International is the only facility where expectant parents can donate their child's cord blood from anywhere in the continental United States year round. The donated units are placed on international registries, including the National Marrow Donor Program, where anyone in need of a potential life saving transplant can access them.
About Cryobanks:
Cryobanks International, is a corporation located in Altamonte Springs, FL. The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood (CB) are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplant (BMT). There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,000 cord blood units. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com.
Safe Harbor Statement
Posted by SherriT on :
Ahhh - fluff. I hate when they do that...
Posted by Bluemound_Freak on :
quote:Originally posted by RagingBull: this could be back to 2 in an hour wish i had more funds
Why would this have that big of a jump today. There is another article that is in the news today.
FEATURE-Umbilical blood banks 'taking advantage' of parents Reuters - March 20, 2007 9:00 AM ET
By Susan Heavey
WASHINGTON, March 20 (Reuters) - Besides choosing a car seat and setting up a college fund, Claire Rhye had one more decision to make before her first child arrived: what to do with her baby's umbilical cord blood.
Once regarded as medical waste, umbilical cords and placentas are now sought for their potentially life-saving blood cells. Like other stem cells, they can treat some diseases and have the potential to cure many more.
But such advances present challenges for parents in the United States if they want to store the blood in private banks for their own children or donate it to public banks for others.
"It's been really difficult," said Rhye, a 29-year-old from Alexandria, Virginia, who is due to give birth this month. "The private banks do a very good job of marketing ... tugging at your heart strings every time."
Cord blood can treat leukemia and other blood disorders when bone marrow transplants are a poor option, as well as other genetic diseases. Patients receive the cells directly into the blood. Once in the bone marrow, they generate new blood.
"These are close to miraculous," said Dr. Joseph Antin, who oversees stem cell transplantation and a related donor program at Dana-Farber Cancer Institute in Boston.
But deciding what, if anything, to do with their baby's cord blood has many new parents wrestling with a complicated issue that many scientists and doctors are still debating.
"TAKING ADVANTAGE"
Alison Plotas of Rockville, Maryland, whose daughter was born last July, opted for a private bank after seeing several brochures. Her doctor encouraged it as long as she could afford it.
"It's nice insurance to have," said Plotas, 33, who has a family history of leukemia. "Now hopefully we won't have to use it."
More than 25 companies, including ViaCell Inc.'s (VIAC) ViaCord and Celgene Corp.'s (CELG) LifebankUSA, offer private storage. Privately-held Cord Blood Registry and other smaller outfits also sell the service.
The companies send parents a kit to bring when their baby is delivered. The obstetrician squeezes the blood into a container that is returned to the companies.
Health insurers do not cover the process, which costs between $1,700 to $2,500 up front plus annual fees from $115 to $200. Doctors also usually charge for collection.
But heavy marketing has some physicians concerned that parents are making emotional decisions to spend thousands of dollars without understanding cord blood's limits.
"The banks are to some degree taking advantage of a middle-class buyer. They don't actually educate you that the chances of using it are small," said the cancer institute's Antin.
Earlier this year, the American Academy of Pediatrics said parents should only bank if they have an older child with a condition that could benefit.
Because genetic diseases are already present in umbilical cord blood, the cells cannot help children who later develop that type of disease, although they could help family members.
Other limitations include the possibility that the sample is too small or that the cells lose their usefulness decades after birth when many diseases being studied now might strike.
"NOT MADE EASY FOR YOU"
Private banking did not offer enough guarantees for Rhye, who sought a lesser-known option -- donation to public banks that store blood for treatment and research.
"Donation for research now makes sense because otherwise how are you going to get those questions answered?" said Rhye, who has no family history of the diseases potentially cured by the cells.
Like regular blood donations, cord cells are screened for disease and cataloged for other patients or research.
More than 50,000 public samples are available for transplant, but federal officials are pushing for 150,000 through a new national registry. Several states, including Arizona and California, also promote giving.
While most experts agree more units are needed, especially among minorities, they say the 4 million U.S. babies born each year offer enough potential for public and private needs.
Even if more people donate, they add, current facilities could not handle a huge influx.
"It's a very careful economic dance that's being done here so we don't overwhelm the system," said Michael Boo of the National Marrow Donor Program, which houses the U.S. registry.
The process can be frustrating for the potential donor. Rhye found Cryobanks International, which is being acquired by BioStem Inc. (BTEME) and is one of the few banks offering free donation kits by mail. Most donations are made through hospital-linked banks without shipping options.
But she gave up hope of donating after her obstetrician's staff first told her she wasn't "allowed" to donate, then said they would charge her $200.
"You really have to want to do this because it's not made easy for you," Rhye said.
Still, a growing number of parents, like Alison Plotas, are not taking any chances.
Steven Grant, executive vice president of Cord Blood Registry, said his company has seen nearly 60 percent annual growth as more people choose private storage.
"You also don't know what can happen. A lot of diseases, most diseases are not genetically based," he said, citing anemia and brain injuries.
"It's like an expensive insurance policy, but right now I can't tell you what my insurance is against," Plotas said.
Posted by RagingBull on :
Posted by RagingBull on :
i might just have to stop trading this and just hold some for a few months
Posted by RagingBull on :
Cryobanks International (IS THE ONLY FACILITY )where expectant parents can donate their child's cord blood from anywhere in the continental United States year round. The donated units are placed on international registries, including the National Marrow Donor Program, where anyone in need of a potential life saving transplant can access them.
IF thats accurate about being the only faiclity or even if is not theres not many this could be huge , plus looking ahead with Pres. Bush out of office stem reserach coul advance more.
Posted by SherriT on :
There aren't that many, but I remember there being more than one....I looked into it when my son was born last year.
Posted by wrangler on :
Ya know, after thinking about it, I don't think I would ever want to go on a field trip to BTEM. I get images of Kurt Cobain's second album. Yikes!
Posted by wes19c on :
man i told you guys, just as soon as i buy, RED! I suck.
i'll sell my shares so it will go back to $2 for you guys.
Posted by SherriT on :
quote:Originally posted by wes19c: man i told you guys, just as soon as i buy, RED! I suck.
i'll sell my shares so it will go back to $2 for you guys.
A really good trader taught me that you have to have confidence in your trades, or you might as well get out of the market. If you are losing money, paper trade for a bit until you see where you are making mistakes and/or gain confidence in what you are doing. I can say this because I lost a bucket load last year - more than I could afford to, but there is money to be made here if you can get everything moving in the right direction.
Even though I am down, I still have confidence in this stock.
FWIW...Best of luck to you!
Posted by chokten on :
I think we are going further down, before we come back up, if we ever come back up...
Posted by wes19c on :
Sherri, Thanks for the good advice! I was doing pretty good in the market but recently it seems that everything i touch turns red. I'm just in a little slump right now and chalking it up as a good run of bad luck. I like to joke around about it. I did some DD on this one before i bought it and IMO it is a good stock. i have confidence in it. I figured it would rebound today after the dip yesterday. I think we'll see some green soon enough, this has the potential to be a good money maker.
Posted by ottoman on :
NICE after hours news Bio Stem, Inc. to Acquire One of the Largest Stem Cell Inventories in the World Through Merger 3/20/2007 ATLANTA, GA, Mar 20, 2007 (MARKET WIRE via COMTEX News Network) --
Bio Stem, Inc. (OTCBB: BTEM) announced today that through their planned acquisition of Cryobanks International, Inc. (CII), BioStem will acquire nearly 9,000 internationally registered cord blood stem cell units presently being inventoried at their Altamore Springs, FL location. This represents one of the largest inventories of donated stem cell units in the world.
Upon the completion of the merger between Bio Stem, Inc. and Cryobanks International, Inc., Bio Stem, Inc. will indirectly own the inventory assets held by the Cryobanks. If and when cord blood units offered by Cryobanks are used for transplantation, Cryobanks receives $19,000 to $22,500 per unit in reimbursement.
Separately, Cryobanks has an inventory of approximately 3,000 additional stem cell units for research purposes that are available to major hospitals, universities and research centers for research designed to develop potential medical therapies. Cryobanks' corporate policy is to provide cord blood research units only for non-controversial and non-cosmetic purposes in keeping with Cryobanks' mission to participate in life enhancing and life saving, medically necessary therapies only. Cryobanks' inventory of stem cell units available for research is one of the largest such inventories in the world. These research units are not eligible for transplantation due to very strict government standards.
As described in previous releases by CII, over 35,000 American children and adults with life-threatening illnesses find themselves in need of a stem cell transplant each year, which may be accomplished through bone marrow transplantation or transplantation of stem cell units derived from cord blood (such as Cryobanks' inventory). That number grows to more than 150,000 annually worldwide. CII's aforementioned inventory stands as one of the largest inventories of cord blood stem cells in existence today.
Bio Stem, Inc. reports that the merger process with Cryobanks International, Inc. is progressing to its final stages as anticipated. Cryobanks previously announced a letter of intent to complete a $9.0 million financing, the closing of which is the last condition to be satisfied prior to moving forward with the merger process. The financing remains subject to completion of due diligence by the investment fund, and is at the funds sole discretion, and accordingly, the closing of neither the financing nor the merger can be assured. Additional releases capturing conclusive merger details are scheduled to be released in the near future.
Posted by netguy81 on :
hmmm ... i like the company and i think tomorrow would be a good day to get in ... i was waiting for a good dip and i think its finally here !!
Posted by chokten on :
Tri-State Capital Initiates Coverage On Bio Stem, Inc. Upgraded Equity Ratings Increasing Number of States Initiating Legislative Plans to Address Donation of Umbilical Cord Blood Bio Stem, Inc. (OTCBB: BTEM) which is to acquire Cryobanks International, Inc., is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on the Bio Stem Company. This strong upgrade comes at a time when a number of states have announced plans to address donation of umbilical cord blood. Currently, Cryobanks International, Inc. is experiencing record growth with over 15,000 cord blood units processed and more than 9,700 listed on international registries for transplant.
TSC is noted for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com Posted by 10of13 on :
Movin' up!
Posted by SherriT on :
So how are we today folks?
Posted by 10of13 on :
sherri? Is your son feeling better?
Posted by SherriT on :
Seems to be - he's pigging out on cheese right now. No more fever though...thanks for asking!
Posted by 10of13 on :
whoo hoo..then it WILL be a good day! Posted by SherriT on :
It's looking that way so far....I'm dumping the losers and watching the winners - LOL!
Posted by RagingBull on :
gm i just sold my shares at 1.70 made good money on this one the past 5 days thank you sherrit ,this one still looks good ill get back in when i see volume
Posted by RagingBull on :
oh i didnt notice my sell its partial i still got 100 shares waiting to get fill at 1.70 , weird not gettign fill level 2 shows bidders at 1.71 ahahah lol 1.75 filled and i didnt?
Posted by RagingBull on :
ahahhaha nevermind i just looked my order i putt he wrogn amount of shares lol damn now i got 100 shares
Posted by bullpicks6 on :
This thing up ticking on nothing...all we need is a little volume
Posted by Bluemound_Freak on :
your about to get 3000 more on volume..... Posted by 10of13 on :
Up 18%...keep er movin'!
Posted by wes19c on :
NICE......it'll keep going
Posted by bullpicks6 on :
Be-a-utiful TEM bounce weee, still relatively no volume and these upticks are this easy...I love it
Posted by 10of13 on :
Let her go!!!
Tri State Capital Places $3.40 Price Target on BTEM.OB BioStem, Inc. (OTCBB: BTEM), which is to acquire Cryobanks International, Inc., is pleased to announce that Tri State Capital (TSC) has placed a $3.40 price target on BTEM stock. As previously released, Tri State Capital has initiated coverage on BioStem, Inc. (OTCBB: BTEM) and merging company, Cryobanks International, Inc. Full independent research reports have been released online at http://www.otclive.com.
TSC is noted for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL: http://www.otclive.com Posted by SherriT on :
heck - I'll take 2.40!
Posted by chokten on :
yes 2.40 would be nice..
Posted by SherriT on :
OK folks - any guesses on our close?
Posted by wes19c on :
i'm hoping for 2.00 by EOD
Posted by SherriT on :
Hoping 2.00 Guessing 1.90
Posted by 10of13 on :
2.05 Just pickin' a number... Posted by wes19c on :
If we could get a little volume this baby would take off!
Posted by SherriT on :
We were all wrong - and back down we go - but a green close would be OK too....maybe a signal that we are back on track for the slow upticking with some flips in between...
Food for thought...
(Close at .175ish 12% higher on the day...now, if we can do another 12% tomorrow, that would be better....)
Posted by bullpicks6 on :
tomorrow should be good, I think we'll see more volume as the chart is forming nice nice
Posted by wrangler on :
I predict $1.75!
Posted by SherriT on :
Smart aleck Posted by wrangler on :
<smile>
Posted by bullpicks6 on :
over $2 today, easy
Posted by 10of13 on :
Ummm? Can we go the other way now?
Posted by SherriT on :
This has gotten boring - good stock, but boring....we need more news about the merger. I would think we hear something by the middle of next week....
Posted by 10of13 on :
No not boring...it looks like it's going to bounce again...So I bought more... Posted by chokten on :
no more cash right now, wanted to do the same 10
Posted by wes19c on :
just my luck
Posted by RagingBull on :
news in
Posted by SherriT on :
Looks reasonable too...fluffy, but reasonable.
Posted by wes19c on :
quote:Originally posted by RagingBull: news in
Post please!!
Posted by 10of13 on :
March 22, 2007 - 10:53 AM EDT
BTEM 1.61 -0.14
Today 5d 1m 3m 1y 5y 10y
Cryobanks International Services - Athens Completes First Step Towards AABB Accreditation Bio Stem, Inc. (OTCBB: BTEM) announced today that Cryobanks International, Inc., which has agreed to be acquired by Bio Stem, Inc., released the following announcement:
ATHENS, GREECE -- Cryobanks International, Inc. and its licensee, Cryobanks International Services - Athens (CISA), announced today that they have successfully completed the first step towards AABB accreditation for the Athens facility.
According to Dr. Anthony Vlahouses, Chairman of CISA, "We are very pleased with the rapid progress our team has made and we expect to be the first cord blood processing center in Greece to obtain this highly valued recognition."
As stated on the AABB web site, its accreditation program... "strives to improve the quality and safety of collecting, processing, testing, distributing and administering blood and blood products. The Accreditation Program assesses the quality and operational systems in place within the facility. The basis for assessment includes compliance with Standards, Code of Federal Regulations and federal guidance documents."
CISA's self-assessment has been reviewed by AABB and determined to be in compliance with standards. The next step is to review quality plan, and then conduct an on-site inspection, which has been set for the third quarter of 2007.
Cryobanks International in Florida has been accredited by the AABB in cord blood activities for over eight years and is one of only 40 facilities accredited by the AABB worldwide.
About Cryobanks:
Cryobanks International is a corporation located in Altamonte Springs, FL. The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood (CB) are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplant (BMT). There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,000 cord blood units. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com.
Safe Harbor Statement
Posted by chokten on :
gonna go back down after that fluff...
Posted by chokten on :
knew i should have sold yesterday
Posted by wes19c on :
wow. it just keeps going down. what a shocker...
Posted by 10of13 on :
Man am I glad i wasn't here for that drop...I would have paniced and sold... Still holding...C'mon...please go UP!
Posted by 10of13 on :
and again...
March 22, 2007 - 1:50 PM EDT
BTEM 1.50 -0.25
Today 5d 1m 3m 1y 5y 10y
STKL 12.16 0.4901
Today 5d 1m 3m 1y 5y 10y
MRGE 4.905 0.845
Today 5d 1m 3m 1y 5y 10y
(OTC: BTEM): Tri State Capital Places $3.40 Price Target BioStem, Inc. (OTCBB: BTEM), which is to acquire Cryobanks International, Inc., announced that Tri State Capital (TSC) has placed a $3.40 price target on BTEM stock. As previously released, Tri State Capital has initiated coverage on BioStem, Inc. and merging company Cryobanks International, Inc. Full independent research reports have been released online at http://www.otclive.com
They also re-announced the largest inventory PR...
Posted by vichingo103 on :
whats happening?!?!
Posted by SherriT on :
down day...this is still a good stock though....if it had volume, it would be going up.
Posted by Wildbill on :
Look at it this way....Good time to buy....It will bounce again shortly.
Posted by SherriT on :
They are watching the PPS too, or they wouldn't have reannounced that same PR information from a couple of days ago.
If I recall, one of the old PRs said something about exploring financing until the end of the month - SOMETHING about the end of March, which is next week...
Posted by RagingBull on :
i bought back some at 1.40 an d i'm going to average down if it goes towards the 50ma like Sherrit said once this gets volume its going back up fast
Posted by chokten on :
why would they keep publishing the same news stories over and over, sounds like pumping. and if i am being ignorant, i apologize, just trying to figure out the same stories appear day after day
Posted by SherriT on :
I really don't believe this company is pumping in this situation. My gut says they are trying to keep the PPS up in anticipation of the merger announcement so the stock will go higher and possibility help their case to move exchanges.
If this were a pump and dump, they have had plenty of opportunity to dump from the mid .50s to over 2.30....JMHO....and I wouldn't still be here
Posted by 10of13 on :
that's a hard one to figure out chokten...part of it may be that they "paid" several places to put out the prs and some of the places were either late or early...or there could have also been an error on the "pr" place...who knows...but the fact that they were worded the same...not even changing any words makes me wonder if it wasn't the "pr" firm...IMO
(edit)Just re read...they weren't all worded the same...but they were put out by different companies... Heck..I really don't know..
Posted by SherriT on :
Here's a thought...we have two companies working toward a merger....could BOTH companies be releasing PRs through their own individual firms?
Posted by 10of13 on :
Well, at least we know what is happening...
Posted by 10of13 on :
Well..we know that the merger is still on...and the hopes of going to the AMEX is still there... But they have extended the time from the end of March to June... whereby we amended the date Cryobanks was required to close the Merger by from March 31, 2007, to June 30, 2007. All other terms of the Merger Agreement remained the same as originally signed.
So it is still the same stock with the same goal....just delayed...
Posted by chokten on :
thanks for the feedback. I guess I am just looking for some opinions and you guys raise very good points. I too am still around, just dont want us to get the short end of the stick. I would like nothing more than all of us to make some great coin.
i leave for out of the country sunday, so will miss a whole week of the board and the stock, i will hope for the best.
talk to you guys friday if i make it around.
Posted by 10of13 on :
March 23, 2007 - 11:08 AM EDT
BioStem, Inc. Reports Merger Process Progressing to Its Final Stages Audited Financials to Be Released BioStem, Inc. (OTCBB: BTEM) announced today that their planned acquisition of Cryobanks International, Inc. (CII) is progressing to its final stages as anticipated. Audited financials are scheduled to be completed the week of March 26, 2007, and will be released immediately thereafter.
Verbal confirmations received by Cryobanks International, Inc. from the private investment fund group, indicate that the $9.0M capital infusion remains on course and will be executed within its initially forecasted time frame. If funding from the private investment group is completed, Cryobanks will satisfy the last item needed to complete its merger into BioStem, Inc.
The Merger, which is contingent upon Cryobanks raising at least $10,000,000 pursuant to a private placement, has been extended to March 31, 2007. If the financing successfully closes, this will put Cryobanks substantially over the $10,000,000 financing condition, and BioStem and Cryobanks will immediately proceed to close the merger.
About Cryobanks:
Posted by SherriT on :
Hmmmm- this is the real deal I think. Kinda sorry I sold this morning....
Posted by wes19c on :
you sold???? oh ye of little faith...
Posted by SherriT on :
I sold, only because I thought it would dip, and I could buy back cheaper....I have plenty of faith and will be in come merger time.
Didn't expect them to PR that fast. They know how to play the game.
Posted by 10of13 on :
Right sherri...you should be able to buy back in for less than what you sold for...and then make the $ back...Or at least that would be the hope...
Posted by wes19c on :
Well, looks like today's another sucky day, i think your selling was actually a good move. I want to sell too but if i sell i lose money, which has come to be the norm for me. If i got out, as soon as i did it would skyrocket. So the bad news for you guys today is, i'm hanging on to my shares! haha!
Posted by SherriT on :
I lost on it too, but I was already used to it in my account...was hoping it dipped low so I could buy back more shares for the same price and ride it up again. It is almost back where I sold at....*#$%
Posted by wes19c on :
BUY BUY BUY!!
Posted by 10of13 on :
quote:Originally posted by wes19c: BUY BUY BUY!!
LOL..why did you sell? (j/k)
Posted by a surfer on :
its moving again huh...
Posted by 10of13 on :
Moving back up...rather easily... I would hope that it can clear the 2.20 by early next week...and then depending on the financials...who knows... Today's dip and PR made it a little more interesting...
Posted by SherriT on :
This makes me just plain ill....I'm happy for you guys though!
Posted by wes19c on :
Sherri -----> BUY BUY BUY!!
Posted by SherriT on :
LOL - nope - I'm sticking to my plan Posted by wrangler on :
quote:Originally posted by SherriT: LOL - nope - I'm sticking to my plan
a plan takes time, an urge is over in a flash!
and sometimes, an urge makes children!
Posted by SherriT on :
quote:Originally posted by wrangler:
quote:Originally posted by SherriT: LOL - nope - I'm sticking to my plan
a plan takes time, an urge is over in a flash!
and sometimes, an urge makes children!
Case in point, my second child On birth control at the time no less - LOL! There again, sometimes not planning makes the most wonderful blessings....however in this particular case, I would most likely get burned were I to deviate from the BTEM plan yet again.
Posted by wes19c on :
now is the time to buy!!
Posted by SherriT on :
Now is the time to wait a little longer... Posted by wes19c on :
lol yeah this just keeps going down, i dont know how much longer i can wait. it needs to turn around soon!
Posted by sabre81 on :
hmmm, maybe i can still get in on a little BTEM action after all. down down down
Posted by SherriT on :
They have until the end of June to close the merger without changing the date again...they also have AFs supposed to come out this week.
I'm watching Posted by wes19c on :
IMO its gonna turn around soon, i have confidence in this one.
Posted by T e x on :
quote:now is the time to buy!!
quote:lol yeah this just keeps going down, i dont know how much longer i can wait. it needs to turn around soon!
quote:IMO its gonna turn around soon, i have confidence in this one.
lol, wes...
Posted by 10of13 on :
Looks like our one time support of 1.40 has become our resistance...
Posted by SherriT on :
Yep - and about 1.10 is support last hit, would you say?
Posted by wes19c on :
lol in case you havent noticed, dont listen to a word i say
Posted by T e x on :
quote:Originally posted by wes19c: lol in case you havent noticed, dont listen to a word i say
think we figured out that part Posted by wes19c on :
Pulled back to $1.10 now, wow. unreal.
Posted by SherriT on :
Looking for under $1 here....I hope anyway.
Posted by wes19c on :
No! We're looking for $2.00 here!
Posted by SherriT on :
Not for a while yet you aren't....or you shouldn't be IMHO.
Posted by wes19c on :
yeah.... i was just trying to be optimistic for a change! Posted by wes19c on :
Wow....this party really died.........
Posted by dough boy on :
What happened to the PR about the merger?
Posted by 10of13 on :
1.30 a little move today and fairly low volume
Posted by wes19c on :
1.38 HOD woo hooo!!!
Posted by dough boy on :
1.48!
Posted by 10of13 on :
So what's going on here...I've been gone...what ever it is...I like it!
Posted by wes19c on :
and back down....what a shocker....
Posted by wes19c on :
I'm out, cutting my losses, couldnt take anymore of this pain. I dont have the patience to hold this, i needed to free up some funds anyways. Money to be made elsewhere! GL to all still in this!
Posted by Wildbill on :
What is going on with this today??? Any news? ...1.45 on good volume?
Posted by 10of13 on :
it's about time...whoo hoo...keep movin baby!
Posted by Wildbill on :
$1.62...Pumping has restarted....RollerCoaster has reopened and is up and running
Posted by 10of13 on :
Looks like we have news...
April 26, 2007 - 7:00 AM EDT
BioStem (BTEM) Announces: Merger With Cryobanks International, Inc. Accelerates as Due Diligence for $9.0M Financing Nears Completion BioStem, Inc. (OTCBB: BTEM) announced today that Cryobanks International, Inc. (Cryobanks), which has agreed to be acquired by BioStem, Inc., has supplied specifically requested corporate documents and information to Samarium Technology Group, Ltd. (STG), the private investment fund, in efforts to satisfy all requirements needed to complete the $9.0M capital infusion previously announced on March 15, 2007. It is the belief of the Cryobanks organization that STG will complete the proper due diligence by mid May. STG has indicated that a meeting finalizing the due diligence process, will be scheduled within the first two weeks of May at the Altamonte Springs, Florida offices of Cryobanks International, Inc.
In the event that STG completes the due diligence to its satisfaction, and the financing closes as agreed in the previously announced letter of intent, Cryobanks will have satisfied the final remaining condition to the closing of the Agreement and Plan of Merger with BioStem, Inc. In such event, the merger would proceed to closing as originally contemplated.
"We are excited to be moving closer to what appears to be our final stages within this merger process. Cryobanks, in addition to its continued growth, has responded with a positive sense of urgency in fulfilling all requests submitted to date. We are confident that the process of obtaining the described capital infusion will be completed as anticipated, and the merger will proceed to be finalized in the very near future," stated Marc Ebersole, CEO of BioStem, Inc.
About Cryobanks:
Cryobanks International is located in Altamonte Springs, FL. The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood (CB) are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplant. There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,700 donated cord blood units placed on international registries including The National Marrow Donor Program. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com. Posted by 10of13 on :
and..
April 26, 2007 - 6:00 AM EDT
Cryobanks International, Inc. Nears Completion of Due Diligence for $9.0 Million Financing Cryobanks International, Inc. (CI) announced today that it has provided a substantial amount of documents and information to the $9.0 million investor as previously announced on March 15, 2007. The investor sent a list of due diligence questions to CI, and CI is hopeful that the investor will complete due diligence by mid May. The investor has indicated that a due diligence meeting at CI's offices in Altamonte Springs, Florida, will be scheduled within the first two weeks of May.
In the event the investor completes due diligence to its satisfaction, in its sole discretion, and the financing closes as agreed in the previously announced letter of intent, then CI will have satisfied the final remaining condition to the closing of the Agreement and Plan of Merger with BioStem, Inc. (OTCBB: BTEM). In such event, the merger would proceed to closing as contemplated in the Agreement and Plan of Merger. There can be no assurance that the investor will approve due diligence or close the financing.
About Cryobanks:
Cryobanks International is a corporation located in Altamonte Springs, Florida. The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood (CB) are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplant (BMT). There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,700 donated cord blood units listed on international registries including the National Marrow Donor Program. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com.
Safe Harbor Statement
Posted by 10of13 on :
Wow...not sure if anyone has been watching L2's...but the way this just got walked down? Un-friggin real!
Posted by Wildbill on :
Same scenario as back in March...Very manipulated...Believe we will see 2 to 3 pr's a day for the next couple of weeks...alot of activity....Nice atm if played with that in mind
Posted by 10of13 on :
Wildbill...yep ATM's are fun! Posted by 10of13 on :
Been flipping this all week....Think I'll hold thru the weekend....Something is up.
Posted by SherriT on :
Might be getting close to merger time here....supposed to be before end of Q2
Posted by Wildbill on :
Looking good....Monday will be interesting
Posted by vichingo103 on :
Source: Market Wire (May 21, 2007 - 5:07 PM EDT)
BioStem (BTEM) Announces: Cryobanks Experiences Remarkable Growth of Over 300 Percent in Four Years; Completed Tax Filings Show First Year of Profitability Company Celebrates Entrance to 14th Year of Business BioStem, Inc. (OTCBB: BTEM) announced today that Cryobanks International, Inc. (Cryobanks), which has agreed to be acquired by BioStem, Inc., has experienced remarkable growth as its organization announces an increase of over 300 percent in the past four years. Cryobanks additionally celebrates two monumental milestone as tax filings are completed which result in its first year of profitability, as well as an entrance into its 14th year of business.
The Cryobanks Company has seen its business grow all over the world in a short period of time, establishing licensees in Athens, Greece and Delhi, India. Eight additional facilities are under contract, including one in Bangkok, Thailand, which will open within the next 60 days.
"While we've had tremendous success, we also want the cord blood industry to continue to grow," says Dwight C. Brunoehler, Founder and President of CI. "Public education will be the key to ensure growth and an understanding of the overwhelming benefits of cord blood donation at delivery."
With one of the largest cord blood inventories in the country and a growing presence nationally and internationally, CI has become a leader in the industry. Accredited by the American Association of Blood Banks, the Company is one of 13 cord blood banks worldwide that form the National Marrow Donor Program's Center for Cord Blood, providing physicians and their patients access to the most diverse inventory of cord blood units in the world. Its inventory of more than 9,700 units of cord blood donations is part of international registries available to anyone who needs a transplant. That inventory has grown by more than 50 percent over the last four years.
About Cryobanks:
Cryobanks International is located in Altamonte Springs, FL. The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood (CB) are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplant. There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,700 donated cord blood units placed on international registries including The National Marrow Donor Program. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com.
Safe Harbor Statement
This press release contains "forward-looking statements" by the Company. These statements relate to future events or financial performance and transactions, and involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements, to be materially different from those contemplated by the forward-looking statements. There can be no assurance that the acquisition described herein will successfully close. We undertake no ongoing obligation, other than that imposed by law, to update these statements. Factors that could affect results, levels of activity, performance or achievements and cause them to materially differ from those contained in the forward-looking statements include the failure to complete the merger of BioStem, Inc. (OTCBB: BTEM) and Cryobanks International, Inc., which cannot be assured and which remains subject to financing conditions contained in the previously announced Agreement and Plan of Merger, the failure of the financing announced on March 15, 2007 to close, which cannot be assured and remains subject to completion of due diligence by the investor, and other factors that can be found in BioStem's filings with the Securities and Exchange Commission.
Contact: Customer Relations BioStem, Inc. Phone: 770-650-1733 Fax: 770-650-7215
Posted by 10of13 on :
Lookin' good this am...
Posted by 10of13 on :
May 23, 2007 - 7:11 AM EDT
BTEM Announces: Cryobanks' International Licensing Campaign Propels Forward as Eight Facilities Are Now Under Contract; Campaign Targets 11 Additional Countries Producing Over $25M in Revenues BioStem, Inc. (OTCBB: BTEM) announces: Cryobanks International (Cryobanks), which has agreed to be acquired by BioStem, Inc., has implemented an expansion to its global marketing campaign due to the heightened demand for licensing of its world-recognized cord blood technology. In addition to the eight facilities presently under contract, the marketing & sales campaign will now encompass over 11 countries with revenue projections exceeding $25M.
Cryobanks, which possess one of the world's largest cord blood stem cell inventories, intends to implement its cord blood technology through multiple international licensing agreements through representation by contracted industry experts. Through each licensing agreement, Cryobanks will receive large initial compensation as well as annual royalties.
According to Cryobanks' CEO, Dwight Brunoehler, "The overwhelming demand for the unique service that Cryobanks provides taxes our in-house staff to the limit. Having local representation on the ground in each targeted country will help to identify and prioritize our opportunities."
At the time of writing, Cryobanks has facilities in Athens, Greece and Delhi, India. Of the eight facilities under contract, the Bangkok, Thailand location is expected to open within the next 60 days. Detailed revenue breakdowns as well as progress updates covering the presently operating facilities will be released in the near future.
About Cryobanks:
Cryobanks International is located in Altamonte Springs, FL. The Company is a leader in the collection, processing, and banking of stem cells derived from the umbilical cord immediately after birth. The units of cord blood (CB) are processed and stored by the company for use in unrelated transplants (where the donor is a histocompatible match, but is anonymous and unrelated to the recipient) and for personal storage and use. In recent years, cord blood transplants (CBTs) have become widely recognized as a safe, effective, and in many ways preferable, alternative to bone marrow transplant. There is tremendous potential need for CBTs in the United States and worldwide. Cryobanks International is well poised to help meet that need, equipped with an inventory of over 9,700 donated cord blood units placed on international registries including The National Marrow Donor Program. For more information about Cryobanks International call 1-800-869-8608 or visit the website at www.cryo-intl.com. Posted by bilgert on :
I've been seeing a lot of pumpers on chat boards lately mentioning this, so be careful.
Posted by GlassCrasher on :
ITEM 8.01 OTHER EVENTS. On or about May 23, 2007, BioStem, Inc.'s ("our," "we," and the "Company's") management became aware of certain unsolicited fax blast communications and a large advertisement in the USA Today, listing the Company's name and including certain information regarding Cryobanks International, Inc.'s ("Cryobank's") proposed Merger with the Company.
Neither we nor our management were aware of, paid for, approved, and/or had any connection or knowledge of the recent unsolicited fax blast and USA Today advertisement discussing the Company and Cryobanks, prior to the release of such information.
We strongly caution potential investors against relying on any disclosures made in any faxes and/or advertisements they receive regarding the Company, which are not officially disseminated by the Company and/or filed on a reputable financial website such as Yahoo.com/finance or prnewswire.com, or similar websites. Furthermore, we strongly caution potential investors to read the Company's latest SEC filings at www.sec.gov and to review the Company's disclosures regarding its financial position and results of operations and the conditions precedent which must occur before the closing of the proposed merger with Cryobanks, before making any investment in the Company.
Furthermore, we would like to make it clear that the proposed Merger with Cryobanks is subject to Cryobanks raising a substantial amount of money, which to the best of our knowledge, Cryobanks has not raised to date, and as such, we can provide no assurances that the proposed merger will close and/or that our operations will ever change from our current parking and related services to cord blood storage and cell stem research.
BioStem (BTEM) Announces: Cryobanks International Prepares to Launch Cord Blood Bank in Thailand; Over 4,000 Units Estimated During Initial 12 Month Operations BioStem, Inc. (OTCBB: BTEM) announced today that Cryobanks International, Inc. (Cryobanks), which has agreed to be acquired by BioStem, Inc., is preparing to launch a new umbilical cord blood bank in Bangkok, Thailand through its licensee, Cryobanks International, FCZ.
Equipment for the Bangkok facility will be arriving soon and doors are expected to open within the next 60 days.
"With the growing use of umbilical cord blood as a source of stem cells to treat a number of diseases, and with regenerative medicine becoming a possibility, we're beginning to see an increased interest in cord blood banking all over the world," said Dwight C. Brunoehler, President and C.E.O. of Cryobanks International. "We're pleased to offer our expertise and resources in helping to make cord blood banking available worldwide."
The new laboratory, processing, and storage center will be the third CI licensee to open in overseas markets. Currently, two other facilities operate in Athens, Greece and Delhi, India with eight more banks scheduled to open in other international locations.
CI provides advanced training for the licensees' lab personnel that will be handling cord blood units and operating the equipment to process and store cord blood. Training will be conducted at CI's unique training facility in Altamonte Springs, Florida, U.S.A. where personnel will spend six weeks learning from an extensive curriculum. This training is critical to obtaining international accreditations.
Typically, charges to privately store cord blood for individuals ranges from $1,600 USD to $2,500 USD initially with some facilities charging an annual renewal ranging from $100 USD to $150 USD. It is estimated that hundreds of thousands of parents have elected to pursue this option. Cryobanks International, FZC is projecting the storage of 4,000 cord blood units in this facility during its first 12 months of operation.
Posted by Mo_Money on :
I think we got i great rebound play at .41 if you go back to the chart, you will notice that in march 9 went down to .53 and only one week later went up to 2.22 so i think we can have double, triple or cuadruple!!! we got a great opportunity here!!!
Posted by T e x on :
same bunch--ATN--was promo-ing HMIT
Posted by jon clogger on :
Good lookin' out Tex. We need pink sheet cops on these boards. Too easy to get hustled.
Thanks!!
Posted by Mo_Money on :
Well, thats my opinion guys!!!!!
Posted by dough boy on :
quote:Originally posted by T e x: same bunch--ATN--was promo-ing HMIT
I have good reason to believe the merger will happen. So this is a great stock--even if ATN was promoing it...no?
Posted by RagingBull on :
im inching myself back in this at .39 and im on the bid if goes there , the risk reward here is favorable they get some type of funding and this will fly again imo
Posted by 10of13 on :
This fell greatly over the past few weeks... ...today seems to be looking as if it will start to turn up... will be watching...
Posted by ruthie on :
I have some in this and hope it will begin to take off.....
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, but hey, I should still do quite well from where I bought. ![[Wink]](wink.gif)
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