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Cord Blood America Announces $1.35 Million Note Retired

January 7, 2010 (FinancialWire) — Cord Blood America, Inc. (OTCBB: CBAI), an umbilical cord blood stem cell preservation firm, said that it has retired a $1.35 million note, which had been provided by JMJ Financial in May of 2009.

Las Vegas-based Cord Blood America is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children.

Cord blood stem cells offer a potential resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders.

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