Cord Blood America, Inc. (CBAI.OB) Reports Record Quarter Revenues
Cord Blood America announced this morning that its revenues totaled $2.346 million for the second quarter ended June 30, 2007, up 194% from the revenues in the same period in 2006. The revenues for the first six months of this year totaled $4.04 million, which is a 221% increase compared to the revenues from the first half of 2006. The company also reported a substantial increase in its gross profit as it increased from $125,255 to $796,761. The gross profit for the first six months of 2007 totaled $1.396 million, up 1,439% compared to a gross profit of $96,641 in…