0001364560-12-000034.txt : 20120416 0001364560-12-000034.hdr.sgml : 20120416 20120416133847 ACCESSION NUMBER: 0001364560-12-000034 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120416 DATE AS OF CHANGE: 20120416 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Cord Blood America, Inc. CENTRAL INDEX KEY: 0001289496 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071] IRS NUMBER: 651078768 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80003 FILM NUMBER: 12760566 BUSINESS ADDRESS: STREET 1: 1857 HELM DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89119 BUSINESS PHONE: (702) 914-7250 MAIL ADDRESS: STREET 1: 1857 HELM DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89119 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: St George Investments LLC CENTRAL INDEX KEY: 0001474389 IRS NUMBER: 261868357 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 303 EAST WACKER DRIVE SUITE 311 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 312-297-7000 MAIL ADDRESS: STREET 1: 303 EAST WACKER DRIVE SUITE 311 CITY: CHICAGO STATE: IL ZIP: 60601 SC 13G 1 cordblood_13g.htm ST. GEORGE CBAI 13G cordblood_13g.htm


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934

Cord Blood America, Inc.
(Name of Issuer)

Common Stock, $0.0001 par value
(Title of Class of Securities)

21839P206
(CUSIP Number)

March 10, 2011
(Date of Event which requires filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
q
Rule 13d-1(b)

þ
Rule 13d-1(c)

q
Rule 13d-1(d)


*
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 
The information required in the remainder of this cover page shall not be deemed to be “filed” for purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 



SCHEDULE 13G  
             
 
CUSIP No. 21839P206
 
  1 
 
Names of reporting persons
 
St. George Investments, LLC  (26-1868357)
  2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
  3
 
SEC use only
 
4
 
Citizenship or place of organization
 
Illinois
Number of
shares
beneficially
owned by
each
reporting
person
with
  
  5 
  
Sole voting power
 
6,808,881 * 
  
  6
  
Shared voting power 
  
  
  7
  
Sole dispositive power
 
6,808,881 *  
  
8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
6,808,881 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
 9.9%
12
 
Type of reporting person (see instructions)
 
OO
 
* On the date of the event which requires filing of this Statement, reporting person St. George Investments, LLC (“St. George”) had rights to convert a Note into, and to exercise a Warrant to purchase, an aggregate number of shares of the Issuer’s common stock which, except for a contractual 9.99% cap on the amount of outstanding shares of the Issuer’s common stock that St. George may own, would exceed the cap.  Thus, the number of shares of the Issuer’s common stock beneficially owned by St. George was 6,808,881 shares, which is 9.99% of the 68,156,968 shares that were outstanding on that date (as adjusted to reflect a 1-for-100 reverse stock split of the Issuer’s common stock on May 9, 2011, 2011, as reported in Note 11 of the Issuer’s Form 10-Q filed on May 23, 2011).

 


SCHEDULE 13G  
             
 
CUSIP No. 21839P206
 
  1 
 
Names of reporting persons
 
Fife Trading, Inc.  (36-4151891)
  2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
  3
 
SEC use only
 
4
 
Citizenship or place of organization
 
Illinois
Number of
shares
beneficially
owned by
each
reporting
person
with
  
  5 
  
Sole voting power
 
6,808,881 * 
  
  6
  
Shared voting power 
  
  
  7
  
Sole dispositive power
 
6,808,881 *  
  
8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
6,808,881 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
9.9%
12
 
Type of reporting person (see instructions)
 
CO
 
* Reporting person Fife Trading, Inc. is the sole manager of reporting person St. George.  On the date of the event which requires filing of this Statement, St. George had rights to convert a Note into, and to exercise a Warrant to purchase, an aggregate number of shares of the Issuer’s common stock which, except for a contractual 9.99% cap on the amount of outstanding shares of the Issuer’s common stock that St. George may own, would exceed the cap.  Thus, the number of shares of the Issuer’s common stock beneficially owned by St. George was 6,808,881 shares, which is 9.99% of the 68,156,968 shares that were outstanding on that date (as adjusted to reflect a 1-for-100 reverse stock split of the Issuer’s common stock on May 9, 2011, 2011, as reported in Note 11 of the Issuer’s Form 10-Q filed on May 23, 2011).
 


 
SCHEDULE 13G  
             
 
CUSIP No. 21839P206
 
  1 
 
Names of reporting persons
 
John M. Fife
  2
 
Check the appropriate box if a member of a group
(a)  ¨        (b)  ¨
 
  3
 
SEC use only
 
4
 
Citizenship or place of organization
 
Illinois
Number of
shares
beneficially
owned by
each
reporting
person
with
  
  5 
  
Sole voting power
 
6,808,881 * 
  
  6
  
Shared voting power 
  
  
  7
  
Sole dispositive power
 
6,808,881 *  
  
8
  
Shared dispositive power 
 
9
 
Aggregate amount beneficially owned by each reporting person
 
6,808,881 *
10
 
Check box if the aggregate amount in Row 9 excludes certain shares (see instructions)  ¨
 
11
 
Percent of class represented by amount in Row 9
 
9.9%
12
 
Type of reporting person (see instructions)
 
IN
 
* Reporting person John M. Fife is the sole member of reporting person St. George and the president and sole shareholder of Fife Trading, Inc.  On the date of the event which requires filing of this Statement, St. George had rights to convert a Note into, and to exercise a Warrant to purchase, an aggregate number of shares of the Issuer’s common stock which, except for a contractual 9.99% cap on the amount of outstanding shares of the Issuer’s common stock that St. George may own, would exceed the cap.  Thus, the number of shares of the Issuer’s common stock beneficially owned by St. George was 6,808,881 shares, which is 9.99% of the 68,156,968 shares that were outstanding on that date (as adjusted to reflect a 1-for-100 reverse stock split of the Issuer’s common stock on May 9, 2011, 2011, as reported in Note 11 of the Issuer’s Form 10-Q filed on May 23, 2011).






ITEM 1
(a)
 
 
Name of Issuer:
 
Cord Blood America, Inc.

 
(b) 
Address of Issuer’s Principal Executive Offices:
 
1857 Helm Drive
Las Vegas, NV 89119
 
ITEM 2
(a)
Name of Person Filing:
 
This report is filed by St. George Investments, LLC, Fife Trading, Inc., and John M. Fife with respect to the shares of Common Stock, $0.0001 par value per share, of the Issuer that are directly beneficially owned by St. George Investments, Inc. and indirectly beneficially owned by the other reporting and filing persons.

 
(b) 
Address of Principal Business Office, or, if None, Residence:
 
The address of the principal business office of each reporting and filing person is:
303 East Wacker Drive, Suite 1200, Chicago, IL 60601

 
(c)
Citizenship:
 
St. George Investments, LLC is an Illinois limited liability company.
Fife Trading, Inc. is an Illinois corporation.
John M. Fife is a United States citizen.

 
(d)
Title of Class of Securities:
 
Common Stock, $0.0001 par value per share.

 
(e)
CUSIP Number:
 
21839P206

ITEM 3:
If this Statement if Filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

 
q
a.
Broker or dealer registered under Section 15 of the Exchange Act.

 
q
b.
Bank as defined in Section 3(a)(6) of the Exchange Act.

 
q
c.
Insurance company as defined in Section 3(a)(19) of the Exchange Act.

 
q
d.
Investment company registered under Section 8 of the Investment Company Act.

 
q
e.
An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E)

 
q
f.
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F)

 
q
g.
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G)

 
q
h.
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act

 
q
i.
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act

 
q
j.
Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
 
 


 
ITEM 4:
Ownership
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 
 
(a) 
Amount beneficially owned: See Item 9 of the cover pages.
 
 
(b) 
Percent of class:  See Item 11 of the cover pages.
 
 
(c) 
Number of shares as to which such person has:
 
 
(i) 
Sole power to vote or to direct the vote:  See Item 5 of the cover pages.

 
(ii) 
Shared power to vote or to direct the vote:  See Item 6 of the cover pages.

 
(iii) 
Sole power to dispose or to direct the disposition of:  See Item 7 of the cover pages.
 
 
(iv) 
Shared power to dispose or to direct the disposition of:  See Item 8 of the cover pages.

None of the reporting and filing persons is a registered broker-dealer or an affiliate of a registered broker-dealer.  John M. Fife exercises voting and dispositive power with respect to the Shares.

On March 10, 2011, reporting person St. George Investments, LLC (“St. George”) and the Issuer entered into a Note and Warrant Purchase Agreement (the “Purchase Agreement”).  Pursuant to the Purchase Agreement, St. George purchased from the Issuer a Secured Convertible Promissory Note (the “Note”) convertible into shares of the Issuer’s common stock (the “Common Stock”) and a Warrant to purchase shares of Common Stock (the “Warrant”).

As consideration for the Note and the Warrant, St. George paid the Issuer $250,000 in cash and issued to the Issuer 6 Secured Buyer Notes (the “Buyer Notes”), each in the principal amount of $125,000.  The $1,000,000 aggregate purchase price for the Note and the Warrant reflects an original issue discount of $100,500 on the $1,105,500 principal amount of the Note, less a $5,000 reimbursement for St. George’s transaction expenses.

The Note bears interest at the rate of 6% per year, or 12% per year if an event of default occurs, and matures 48 months after the transaction closing date.  St. George is entitled to convert the Note, in whole or part, into shares of Common Stock, in an initial tranche of $275,000 and 6 subsequent tranches of $125,000, upon St. George’s repayment of the corresponding Buyer Notes.  The conversion price for the Note is the average of the three lowest closing bid prices of the Common Stock during the 20 trading days immediately preceding the transaction closing date.

The Buyer Notes bear interest at the rate of 5% per year and are secured by an irrevocable standby letter of credit.  St. George may prepay the Buyer Notes without penalty at any time prior to maturity, which is the earlier of (a) 49 months after the transaction closing date, or (b) subject to certain conditions described in each Buyer Note, a date beginning on October 10, 2011 for the first Buyer Note, November 10, 2011 for the second Buyer Note and so forth on the 10th of each subsequent month thereafter for each subsequent Buyer Note, as described in Item 1.01 of the Issuer’s Form 8-K filed on March 21, 2011.

The Warrant entitles St. George to purchase shares of Common Stock in an amount equal to $250,000 divided by the average of the three lowest closing bid prices of the Common Stock during the 20 trading days immediately preceding the transaction closing date.

If St. George elected to prepay the Buyer Notes, St. George would have the right to convert the Note into an aggregate number of shares of Common Stock (together with the shares issuable to St. George upon a full exercise of the Warrant) which, except for a contractual 9.99% cap on the amount of outstanding shares of Common Stock that St. George may own, would exceed the cap.  Thus, the number of shares of Common Stock beneficially owned by St. George as of March 15, 2012, was 24,974,936 shares, which is 9.99% of the 249,999,364 shares that would be outstanding after such exercise and conversion as reported in the Issuer's latest Form 10-K filed as of April 16, 2012 (as adjusted to reflect a 1-for-100 reverse stock split of the Common Stock (the “Reverse Split” on May 9, 2011).

 



ITEM 5: 
Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities check the following box: q

  
ITEM 6: 
Ownership of More than Five Percent on Behalf of Another Person.

N/A 
 
ITEM 7:
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
 
N/A
 
ITEM 8:
Identification and Classification of Members of the Group.
 
N/A
 
ITEM 9:
Notice of Dissolution of Group.
 
N/A
 
ITEM 10: 
Certifications.
 
By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.
 



SIGNATURES
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


Dated:  April 16, 2012
ST. GEORGE INVESTMENTS, LLC
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  April 16, 2012
 
FIFE TRADING, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  April 16, 2012
JOHN M. FIFE
 
/s/ John M Fife
 
 
 
     
     
 
 


 
ANNEX 1
 
JOINT FILING AGREEMENT
 
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock of Cord Blood America, Inc., and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement on the date(s) written below.


Dated:  April 16, 2012
ST. GEORGE INVESTMENTS, LLC
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
 
Dated:  April 16, 2012
 
FIFE TRADING, INC.
 
By:           /s/ John M Fife
Name:           John M. Fife
Title:           President
 
 
Dated:  April 16, 2012
JOHN M. FIFE
 
/s/ John M Fife