Cord Blood America, Inc. (CBAI.OB) Retires $650,000 of Registered Convertible Debt
Cord Blood America was pleased to announce this morning that $650,000 of convertible debt has been retired. Matthew Schissler, CEO of Cord Blood, stated, “'Since the January 25, 2007 Effective Registration statement the holders of this convertible debt have been selling our common stock. We are well aware that this has been a significant drag on the market and we are grateful for our many investors who have patiently waited through this difficult period. We have confirmed that the holders of the debt have converted all their U.S. Securities & Exchange Commission registered debt as of June 28, 2007.” He…