Cord Blood America, Inc (CBAI.OB) Revenues Increase 121 Percent
Cord Blood America, Inc. (CBAI.OB), an umbilical cord stem cell preservation company focused on bringing the life saving potential of stem cells to families nationwide, has announced that revenues for the first nine months of 2007 totaled $5.698 million. This figure represents an increase of 121 percent when comparing these revenues to the value of $2.582 million that was reported during the same nine month period of 2006. Consequently, revenue for the first three month period has also increased by a value of 44.7%. Cord Blood reported revenues of $1.654 million during this particular quarter, a positive change in when…