Also Director Joseph Vicente is getting almost $1,000,000 in compensation. That's over $2.4 million in compensation being funded by your loyal shareholders. I'm sure most of them wouldn't mind taking home a paycheck like that each year.
Today's 8-K is here
I find it odd how the 10Q states the company can not function without raising more capital, yet the CEO is lining his pocket with millions of dollars in compensation. Throw in Director, Joseph Vicente, and your looking at even more shares hitting the market.
I do enjoy the transparency though. These filings are all available for everyone to read. Why anyone in their right mind would be buying this stock after studying these filings is beyond me. The company is selling stock to raise capital for operations it knowingly can't afford otherwise. It is paying it's executives millions of dollars for running a sinking ship into the ground.
The only thing holding this company together is it's stock. And when the demand for it crumbles amid an over abundance of supply, the game will be over.
A few 10% gain days won't balance out the 40% down day that is on the horizon. Be wary with CBAI. You've been warned for the last time.
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17 comments:
One last pop today. the higher it goes, that harder it will FALL
Trading these stocks is a great way to make money, but be aware that the slow run higher is always followed by a panic crash. I believe this stock will see that 30-40% down day soon.
oooh boy. It's only a matter of time. I was going to hold after todays gain but i fear a crash is near.
U are kidding me right?... U guys looking for a good entry point so you post this crap to try to bring the price down... Whatever!
If I listened to this crap a month ago I would not be up over 200%.
No matter what your paid to say... IM NOT SELLING!!!!
BOTTOM LINE: If you believe in cord blood stem cells HOLD ON FOR THE RIDE OF YOUR LIFE!
CBAI LONG
Hi Bitty
People holding all after being up 200% or more deserve the lesson they are going to get here.
Sometimes learning comes the hard way for people.
CBAI LONG = Bitty from iHub
:) Not very Anonymous afterall
40% drop after a 200% gain...doesn't sound like a big drop to me.........friken losers with no vision of the future.
Future? What are you holding for $1 land?? Hahaha..
Do you think this stock was at .003 for no reason a few months ago? It did not start there and it will end back below that sometime soon.
I caution those who are buying here for the first time, that this stock is going to crumble. The door is only so big and there are too many people trying to fit their bags of shares through it.
Its a triple headed selling monster as you have company employees selling stock, Optimus CG II, Ltd and whoever else took equity in exhange for debt, and shareholders.
If your up 200% holding for more gains at this point is narrow minded in my opinion. If your looking at CBAI for the first time, I'd say look elsewhere as the gains have been made already. The upside potential is limited at best.
Pennystockgurus, Bob Wilcox is not a registered broker, broker dealer, analyst, investment advisor, investment banker or underwriter.
Exactly - So do your own DD as well. What Bob is posting is simple supply and demand. Only a matter of time before the supply far outweighs the demand.
Will get very ugly when we reach the tipping point, which should start today
So if a stock runs from 0003 to 0009 (200%) one day and there's a 40% loss the next day (from an opening of 0009), that's around a 0004 loss.. quite a big chunk of change.
You're looking at it the wrong way.
People get too damn sensitive about their "precious" stocks. Its like questioning someone's faith.
Exactly ~ Like making fun of their kid or something.
Thats how you lose money playing these things - Falling in love and thinking it's thenext big thing.
CBAI has had its run, and i am sure it will run again in the future. But a pullback is in it's cards right now
Turned red - Watch the panic kick in
Bid support disappearing. Tanking now
The business blog is excellent to read and learn. Thanks
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