Cord Blood America, Inc. (CBAI.OB) Evaluates Alternative Ways to Unlock Value for its Subsidiaries
Cord Blood America announced today that it has signed a consulting agreement with Midtown Partners & Co., LLC to find ways to unlock value for its subsidiaries. Matthew Schissler, Cord Blood America Chairman and CEO, stated, “Management sees this opportunity as a significant step forward in Cord Blood America's overall business plan. Management has worked diligently to line up this milestone opportunity, which could entirely fund the parent Company's future growth." The Senior Vice President at Midtown Parners commented on Cord Blood as being valuable, but doesn’t have the same attention other companies have in the public markets. He commented,…