Cord Blood America Inc.

• Public
• US

Dow Jones Description

Cord Blood America, Inc., is a Florida corporation, which was formed in 1999. It did not commence business operations until it acquired Cord Partners, Inc., a Florida corporation ("CPI"), as of March 31, 2004. Since CPI's formation in January 2003, CPI has been, and continues to be, engaged in the business of collecting, testing, processing and preserving umbilical cord blood, thereby allowing families to preserve cord blood at the birth of a child for potential use in future stem cell therapy. Shortly before the acquisition of CPI, Cord Blood America, Inc. changed its name from D & A Lending, Inc. to Cord Blood America, Inc. ("CBA"). CBA acquired all of CPI's issued and outstanding shares of common stock, making CPI a wholly-owned subsidiary of CBA. In April 2004, we declared and paid to all of the shareholders of CBA a two for one stock split effected as a stock dividend. On November 12, 2004, CBA Professional Services, Inc., a Florida corporation ("CBAPS") was formed. The company has authorized 10,000 shares of non-par restricted common stock. In November 2004, CBAPS issued 100 shares of its common stock to Cord Blood America, Inc. and became a wholly-owned subsidiary of CBA. As of December 31, 2004, 100 shares of common stock were issued and outstanding.

Chairman & CEO

Number of Employees 10

Contact Information

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