Cord Blood America, Inc. (CBAI.OB) Provides Details on Major Acquisition
One company that is starting to catch the attention of investors is Cord Blood America. Located in Las Vegas, Nevada, Cord Blood’s mission is to become the world’s largest stem cell storage facility through acquisitions, diversification and organic growth. Today, Cord Blood announced that its new acquisition, Stellacure GmbH, is projected to top $1 million in revenues this year. Cord Blood views stem cells as a biological insurance policy and is attempting to bring this life saving potential across the globe. To make this mission a reality, Cord Blood acquired 51 percent of Stellacure which is headquartered in Hamburg, Germany.…