Elmo's Hub

[lmorovan]

paige, you do the same as capnmike, you use a link to CDEX so that you can justify spamming other sites or links. Tricky. But I guess Viking has no problem with it, as long as it is done with the purpose of hyping.

Posted by: lmorovan
In reply to: paige who wrote msg# 12590
Date:7/2/2006 7:01:08 PM
Post #of 12600

[lmorovan]

sanddollar, well, they need someone to allow shameless and deceitful spamming to go on without interruption. After all, look at the price, look at management's incompetence, look at the law suit, look at insiders selling, etc.

Posted by: lmorovan
In reply to: sanddollar who wrote msg# 12585
Date:7/2/2006 5:13:42 PM
Post #of 12589

[lmorovan]

Hear that capnmike? You use a link to CDEX to justify posting links to all kinds of sites that are off topic and mostly internet garbage. But then, don't worry, you count on Viking's blessing, since it is now his duty to defend and promote hyping, LOL.

Posted by: lmorovan
In reply to: None
Date:7/2/2006 1:08:38 PM
Post #of 12583

[lmorovan]

At .42, CEXI is below .01 Loch. So far, all PRs, media coverage, articles and interviews have hurt the share price consistently and continuously.

Posted by: lmorovan
In reply to: None
Date:6/30/2006 1:51:33 PM
Post #of 12527

[lmorovan]

The incompetence of CDEX management continues as continues the fall in the price of the stock, and insiders keep selling as the volume permits. Likewise, the hyping is reaching the 52 months high with irrelevant deluge of posts and links with a clear intention and purpose of distracting the attention of ex Loch shareholders from the real and very disappointing performance of the company and its stock.


Posted by: lmorovan
In reply to: None
Date:6/30/2006 1:30:25 PM
Post #of 12527

[lmorovan]

OT This seems to be the identity of the person who has the power to control certain aspects and functions of RB:

rbaudit1.mia.lycos.com

[lmorovan]

And the persecution continues. Thank God there is still some common sense in the world:

From: Boopa 1/13/2006 3:50:59 PM
Read Replies (1) of 4190

Dave, how come when you were advised that a full time basher (lmorovan) was the_seventh_guest. You didn't believe. Now that it is a fact. You have a Wolf in charge of the hen house! He has been bashing CDEX for years His posts prove it. To have him as a moderator is a mockery. You should take over the board, and remove me from being banned.

From: Felix1 9/27/2005 12:21:27 PM

http://www.siliconinvestor.com/subject.aspx?subjectid=56008 of 4188

Dave, here is a post from the moderator of that board. He is spamming a basher board on Investors Hub????? Were one of there basher buddies is the moderator. A place were shareholders get attacked, and hardly post at all! I believe that "the seventh_guest" should be removed from being a moderator! As the_seventh_guest is lmorovan.

From: the_seventh_guest 9/21/2005 5:58:23 PM
of 18 (he is sending people to his board on IHub).

Very interesting information on this board:

http://www.investorshub.com/boards/board.asp?board_id=1176

-----------------------------------------------------------------
And the answer:

-----------------------------------------------------------------

To: Boopa who wrote (4189) 1/13/2006 4:10:36 PM
From: SI Admin (Dave) of 4190

>>Dave, how come when you were advised that a full time basher (lmorovan) was the_seventh_guest. You didn't believe.

Didn't believe? I don't recall the specifics, but most likely my response was that I didn't care since it would have been and remains irrelevant.

>> You have a Wolf in charge of the hen house!

We don't have anyone in charge. He started the board, and he is the moderator.

>>He has been bashing CDEX for years His posts prove it.

So? There is absolutely nothing wrong with that.

>To have him as a moderator is a mockery.

To whom? Longs? Objective investors? They have equal opportunity to have boards.

>>I believe that "the seventh_guest" should be removed from being a moderator! As the_seventh_guest is lmorovan.

You have not provided anything to justify that other than making it clear that you don't like him and/or his opinions. Obviously that is not a factor.

By the way, you didn't provide links to any posts.

There is another board here for CEXI, and you are always able to start a new one if you don't like the ones that already exist. Are you interested in engaging in discussion, or in silencing those with whom you disagree?

[lmorovan]

LAWSUIT PENDING against lmorovan ???

http://boards.stockselector.com/message.asp?symbol=CEXI&mid=88130&ref=928

Posted by: 836_Google_Valimed on Tuesday, December 20, 2005 at 1:30:57 PM

1,686 total posts
1,463 posts here w/o lmorovan
__223 posts made by lmorovan
or about 13% of all posts

I can only guess that 95% of all the posts here are strictly lmorovan related.

Someone else had brought up the amount of hits you get when typing in Valimed @ http://www.google.com

836 hits for Valimed @ Google
805 hits for lmorovan @ Google

lmorovan predicted the price of CEXI would be $.05 by now, here on this website.

lmorovan is said to own less than $200 worth of CEXI & paid thousands for it.

lmorovan has attempted to & continues to discourage potential investors from investing in CDEX.

lmorovan has & continues to spend hours almost every day posting his biased opinions on several investment message boards.

lmorovan has posted false & misleading information on these investment message boards with the intention to aggrivate readers/investors, to discredit CDEX & to drive away potential investors.

lmorovan claims to write emails to the SEC, FBI & CDEX. lmorovan continues to consume time & money of investors, taxpayers & CDEX.

lmorovan has his own website, monitors those who visit it & posts biased information for the general public to view. Collects information to further ridicule the company & investors.

lmorovan has harrassed the CEO of CDEX. Contacted the CEO\'s church also expressing his opinion. lmorovan posted a photo of CDEX\'s CEO durring the Iraq invasion, labeling him as Baghdad Malcom.

If these opinions & facts I have posted are not cause for lawsuits, CDEX must be waiting for something I couldnt think of with exception of being too busy or they feel lmorovan is not worth the time.

I am not an attorney, just a investor who is fed up with having to wade through all lmorovan related bs to try & stay on top of my hard earned money. My opinions are of my own & are not to be used or duplicated without my permission or posted in its entire original form.

[lmorovan]

Nice PR today. Let's see how the price is reacting.

[lmorovan]

The illogical conclusion: MMs are accumulating, LOL.

[lmorovan]

It's amazing what the dreamers can come up with to justify the precipitation of the PP share. Any excuse is good other than the reality of $.83.

Just amazing.

[lmorovan]

Was this Canadian shorting?

[lmorovan]

Ha, the hyping seemed to have backfired.

[lmorovan]

Well, let's see what the weekend hyping will do today.

[lmorovan]

"Jesus replied: " Love the Lord your God with all your heart and with all your soul and with all your mind. This is the first and greatest commandment. And the second is like it: Love your neighbor as yourself. All the Law and the Prophets hang on these two commandments."

[lmorovan]

Worth saving:

http://ragingbull.lycos.com/mboard/boards.cgi?board=LOCHLONG&read=236344

By: johnreiner
14 Jun 2005, 08:23 PM EDT
Msg. 236344 of 236344
Jump to msg. #
Talk about wasting time,you are wasting your life here on a stock you hardly have but a mere pitence in.What a loser you are,a person who lives in a sub standard community,who wastes his time here, when he could be earning some kind of income to bring his family out of the ghetto.You are not qualified to give advise to anyone,not even your own children,you are just a pathetic loser!If by any chance we shall cross paths, not even your God will save you,I will do him a favor and put you out of your misery, and save him the job of doing it down the road.JR P.S. save this in your archives,you will see what real American justice is about.

[lmorovan]

Posted by: lmorovan
In reply to: None
Date:5/13/2005 1:52:30 PM
Post #of 2151

OT:

Seems like milchip screwed up by saying things he should have not said. Under counsel, he was compelled to withdraw his statement, and of course, DD complied with the request. Then, he is denying having anything to do with the deletion. LOL. Just games stupid people play.

[lmorovan]

To All:

A new discussion forum out of the reach of the gang:

http://www.lmorovan.com/_CDEX_Forum/content.htm

[lmorovan]

Another LIE?

Proceeds from sale of common stock $203,000

10QSB

--------------------------------------------------------------

"In October and November 2004, the Company issued convertible promissory notes in the original principal amount of $496,100 to the investors listed below. The notes were convertible into the Company's common stock at a price of $0.30 per share. The notes have been converted into 1,698,668 shares common stock by the investors as follows:"

"In December 2004, the Company issued 220,050 shares of its common stock to the investors listed below for aggregate proceeds of $203,000:"

SB-2/A

**********************

CDEX reports only $203,000 in sales of stock in December, yet, in the SB-2/A it reports sales for the months of October and November. November is part of the quarter ended in January 2005. No report of the sales of common stock in November.

Misrepresentation at its best.

[Sassy]

10QSB..New filing: http://www.secinfo.com/d1526c.zCy.htm

[lmorovan]

There is no O/T on this board. No posts will be removed unless they become uncivil, offensive or attacking other members.

[lmorovan]

DD links for CDEX/CEXI:

http://www.cdex-inc.com
http://www.valimed.com
http://www.lmorovan.com

[Sassy]

CDEX files Form 10KSB:

http://www.sec.gov/Archives/edgar/data/1173738/000121465905000085/0001214659-05-000085.txt

[lmorovan]

Whitemanintown, here is your proof:

Posted on the Raging Bull Board:

By: Monsoonman

04 Mar 2004, 11:57 AM EST
Msg. 206561 of 206562
(This msg. is a reply to 206560 by lmorovan.)

Innocent readers of this board beware! If you visit lmorovans website to look for information regarding your investment in CDEX, he will embed your computer with a tracking device which will enable him to know who you are and garner your personal information. Even if you think you are safe with a firewall etc. you can be penetrated and he will sneakily use the information to blackmail you or harass you in some way.


By: Monsoonman

09 Mar 2004, 09:51 AM EST
Msg. 206714 of 206716
(This msg. is a reply to 206712 by lmorovan.)

Just a word of warning to anyone lured onto lmorovans website to look at any of his information regarding loch/cdex. He will garner personal information about you and judging from his past actions and his moral character he could use it against you by posting your personal information and in other ways invade your privacy.


By: Monsoonman

13 Mar 2004, 09:48 AM EST
Msg. 206926 of 206927
(This msg. is a reply to 206925 by lmorovan.)

A warning to anyone that visits lmorovans website: He has software that is capable of identifying you when you enter his website. At first he said it was just a traffic counter but his comments since show that it is far more than that. Judging by his past actions I would not trust a person like him with any of your personal information.


By: Monsoonman

13 Mar 2004, 11:25 AM EST
Msg. 206931 of 206931
(This msg. is a reply to 206930 by lmorovan.)

Warning if you go onto lmorovans website: He has the capability to find out personal information about you with his intrusive software. Judging by his past actions/moral character it would be unwise to expose any of your private information to this person.


By: Monsoonman

25 Mar 2004, 07:47 PM EST
Msg. 207630 of 207633
(This msg. is a reply to 207611 by lmorovan.)

Warning to anyone visiting lmorovans site: He will collect private information on you. He has been known to harass people and has threatened to stalk others...Beware.


By: Monsoonman

21 Oct 2004, 12:14 PM EDT
Msg. 222781 of 222840
(This msg. is a reply to 222764 by lmorovan.)

Friendly advice to any potential visitors to lmorovans website: I have witnessed this persons behavior over the past few years on this board and can testify that if you visit his website certain things will happen:

A. He will likely know your identity & geographic location

B. He will file that information away.

C. Your computer will be tracked with cookies.

Also certain other things may happen to you:

A. Your privacy could be invaded.

B. Your identity & address could be divulged publically, depending on lmorovans mood swing dujour.

C. You may open yourself up to unwanted visits, phone calls, emails & phone calls/harrassment to friends or associates.

D. This behavior could border on stalking.

E. Insertion of unwanted cookies into your computer can interfere with your computers ability to function correctly.

You have been warned.

[lmorovan]

The Incorporation of ValiMed as a Private Nevada Corporation is the best bet for MP and associates, IMHO.

The New Asset Purchase Agreement between CDEX and the newly created ValiMed Corporation will transfer all remaining "viable technology" into it. IMHO.

CDEX filing for Bankruptcy will free it from the 37,000 unwanted shareholders and all shares will be canceled, IMHO.

[lmorovan]

Who is lying here?

Posted by: uxjh
In reply to: None
Date:1/8/2005 4:38:15 PM
Post #of 26

lmorovan,
I have removed some of your posts in the past but you flat out lied when you said I somehow restored 50+ posts of yours.

Because you had BlackHawk advertized on your website when you were posting it on the CDEX board, you agreed it was spam. It still is spam, even if you receive a discounted web service because you let them advertize on it, you gain financially because of it.

I gave you a chance, you blew it.

Mess with the bull, you get the horns

-----------------------------------------------------------------

Posted by: lmorovan
In reply to: uxjh who wrote msg# 25
Date:1/8/2005 4:49:09 PM
Post #of 26

uxjh, let's see: post 313, 316, 318, 320 all the way to 378. That makes a total of 61 posts you deleted yesterday, and then restored them today.

For your information, I do not receive any discount for any web service, hence, no financial gain.

You didn't give me a chance, you played games. But Matt is already aware of it.

BTW, is unipeak really good?

[lmorovan]

This was sent to Matt:

Matt,

61 times the moderator of this board (CDEX) CDEX, has pulled this post without any warning o explanation. I reposted it every time he pulled it off. Today, he restored each and all of them, giving the impression that I am spamming and posting repetitive posts. Will you allow this type of persecution to continue?

Posted by: lmorovan
In reply to: None
Date:1/7/2005 8:35:34 PM
Post #of 390

Historical facts about Loch and CDEX

Many of them have been withdrawn or buried and are no longer available on their web sites. Read and ask yourself why these truths are being hidden? Read and ask yourself why a company with no contracts, revenues, products or any other fundamentals can sustain the price it does on an unofficial, unregulated Grey Market.

http://www.lmorovan.com

[lmorovan]

uxjh, it's a shame that while we were on the same page, you respected me and had a friendly relationship. Too bad our friendship was conditional, since you have become my adversary only because I see things from a different perspective you do.

About my web site: I direct traffic to CDEX shareholders to read and get information about CDEX. If you may remember, I resigned as President of Blackhawk Resources. Perhaps you may be right, the link to that site may be interpreted as spamming, so I decided to withdraw it. If that was your reason to delete my posts, there is no more reason.

There is no basis fo you to accuse me or my web site to cause computer crashes. You have been ill informed by partisan parties that are offended by the truth that is being revealed on my web site.

I hope and pray that CDEX will make it this year, but more than that, that shareholders will have a chance to recover their investment. Good luck to us all.

[uxjh]

hi lmorovan,
amazing how time flies. I can remember just a year or 2 ago we were both on the same page trying to figure out what was happening and why so many people were out to destroy our investment. I dont have the time to debate with you or to attempt to reason with your posts. I would be willing to help share any new information that has to do with our investment and would read here more if others would try to keep things more on topic, not to try to be the center of attention or to one up the other guy. Now the colder weather is here I might be entertaining myself on the computer more. Besides reading the recent filing I cant remember the last time I actually tried to dig up information on CDEX. You will know where I am coming from and will recieve the same respect you give. Do not take that as a threat, just an offering. Your website, while informative, expresses your opinion and I saw that you sell things there, including your friends new venture (from what I have read, you stand to gain financially (you are listed a president in the articles of incorporation sunbiz.org)). That is spamming, it will continue to be delited on the CDEX board when I see it. I am suprized IHUB allowed it here, especially after a few people had their computers crash after reading there. A good new year to us and CDEX.

[lmorovan]

Historical facts about Loch and CDEX

Many of them have been withdrawn or buried and are no longer available on their web sites. Read and ask yourself why these truths are being hidden? Read and ask yourself why a company with no contracts, revenues, products or any other fundamentals can sustain the price it does on an unofficial, unregulated Grey Market.

http://www.lmorovan.com

[lmorovan]

CDEX Announces New Vice President of Business Operations

ROCKVILLE, Md.--(BUSINESS WIRE)--Jan. 3, 2005--Today, CDEX announced the appointment of Jerry Blair as Vice President of Business Operations. In his new role, Mr. Blair's responsibilities will include marketing, sales, and customer business interfaces across all CDEX product lines. Mr. Blair's appointment reinforces the company's focus on expanding its sales and marketing capabilities.

"Jerry and his team have been at the forefront of our efforts to establish CDEX's medical product line, ValiMed, as high-value, patient safety-products for the validation of medications," said Malcolm Phillips, CEO of CDEX. "In his new role, Jerry will help the company build on this success by driving the creation and sales of additional products for current and new markets."

Mr. Blair joined CDEX in May 2004, as Director of Healthcare Marketing. Prior to this, he worked for Cerner Corporation where his responsibilities included product management of the medication use process and the pharmacy information system. Over his sixteen-year tenure at Cerner, Mr. Blair held several positions within the pharmacy business unit and fueled substantial growth of this market.

Mr. Blair received a B.S. in Pharmacy from the University of Missouri, Kansas City, and an MBA from Rockhurst College.

About CDEX:

CDEX is a technology development company that has pioneered real time spectral-related identification of a number of substances including explosives, illegal drugs and medications. With miniaturization of the hardware and creation of domain specific software, CDEX has created unique solutions for specific markets.

CDEX is headquartered in Rockville, Maryland and has its primary research and development laboratory in Tucson, Arizona. For more information, visit www.cdex-inc.com and www.valimed.com.

Any statements made in this press release which contain information that is not historical are essentially forward-looking. Forward-looking statements can be identified by the use of words such as "expects," "plans," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the ability of the Company to raise capital to finance the development of its chemical detection products, the effectiveness, profitability and the marketability of those products, the ability of the Company to protect its proprietary information, the establishment of an efficient corporate operating structure as the Company grows and, other risks detailed from time-to-time in our filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statements.

[lmorovan]

SEC Complaint Center,
450 Fifth Street, NW,
Washington, D.C. 20549-0213.

December 9, 2004

Re: CDEX-Inc

Dear Sirs,

On February 2, 2004, CDEX has filed a Form SB-2 with the Securities and Exchange Commission, amended on May 5, 2004, June 21, 2004, August 4, 2004, September 20, 2004, October 22, 2004 and November 12, 2004. The filing has been declared effective by the Securities and Exchange Commission on November 29, 2004.

In the Form SB-2, CDEX states, among other things:

"No significant trading market for our common stock currently exists, although it has come to our attention that shares of our common stock have traded to a limited extent on the over-the-counter "gray market" and the pink sheets. The gray market is an unofficial market where shares are traded that are not available for trading on an official stock market or exchange. Brokers enter the gray market when they request a trading symbol from the NASD to effect an unsolicited trade of a specific block of securities on behalf of a client without actually listing the securities on the Pink Sheets. Similarly, a broker can request a trading symbol and listing on the Pink Sheets to effect an unsolicited trade of a specific block of securities on behalf of a client by contacting Pink Sheets LLC. Because these trades are unsolicited, the brokers are able to obtain symbols and initiate quotes without the filing of a Form 211, which would normally be required for listing on the Pink Sheets. The brokers are expected to discontinue trading under the symbol after selling the securities for which it is obtained, but they frequently do not do so. Trading in our shares in this market has occurred without any instigation or involvement of our management, and we do not encourage or sanction it. We did not choose the symbol under which these shares are traded nor do we intend to keep this symbol going forward. Prior to the date of this prospectus, CDEX was not a reporting company, and virtually no public information regarding our business, operations or financial condition was available other than preliminary versions of this prospectus and our registration statement of which this prospectus forms a part. The shares traded in this gray market are not being offered by CDEX or pursuant to any disclosure provided by us. We anticipate that our Class A Common Stock will be traded on the OTC Bulletin Board. We expect that a market maker will apply for quotation on the OTC Bulletin Board on our behalf prior to the effective date of the offering. However, we cannot guarantee that such application will be granted or that a trading market in our common stock will develop."


CDEX acknowledges that shares of its common stock have been traded to a limited extent on the Grey Market and the Pink Sheet. At the same time, CDEX denies any involvement in the choosing of the trading ticker/symbol, and states that it does not intend to keep this trading ticker/symbol going forward. Furthermore, CDEX states that it anticipates its securities to be traded on the OTC Bulletin Board.

On November 29, 2004, the same day the SB-2 filing has been declared effective, six of the Directors of CDEX have filed forms 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES. Under Item 3 of the aforementioned forms, “3. Issuer Name and Ticker or Trading Symbol, the Directors state CDEX INC as the Issuer Name and [CEXI.PK] under Ticker or Trading Symbol.

As shown above, there is a clear conflict of official information that may cause unnecessary uncertainty regarding the truthfulness of the information that the Company is releasing to the general public and especially to the potential investors in the Company’s securities.

CDEX must be compelled to clarify the aforementioned issue and resolve the conflicting information that is disclosed to the Securities and Exchange Commission and the general public.

Thank you for your attention to this,

Liviu Morovan

[lmorovan]

SEC Complaint Center,
450 Fifth Street, NW,
Washington, D.C. 20549-0213.

December 9, 2004

Re: CDEX-Inc

Dear Sirs,

On December 9, 2004, a person posting under the alias name of kidinsight, has disclosed the following on the Raging Bull Loch Long Message Board:

By: kidinsight
09 Dec 2004, 01:31 AM EST Msg. 227029 of 227051
(This msg. is a reply to 227027 by lmorovan.)
Imorovan:

I did my DD Imorovan! And I will state for the record and for the fact, CDEX IS A PUBLIC COMPANY!

kidinsight


If the information this person disclosed is genuine, it raise the question on how and where did he get it. Such a statement is a significant material event in the life of a Company, and such information must be made available in a fair manner to all shareholders and general public by the Company. Selective disclosure of material information, I understand, is a violation of Securities and Exchange Commission rules and regulations, and it may be deemed illegal.

In the past, this person has shown being privy to Company information not available to the general public and shareholders. If the Company is allowing certain information of material significance to leak out, it shows disregard towards the rules and regulations established by the Securities and Exchange Commission, and this practice must stop.

Likewise, a poster under the alias name of Koko11, has made the following statement on November 18, 2004, on the same Message Board:

By: Koko11
18 Nov 2004, 11:30 PM EST Msg. 224730 of 227052
(This msg. is a reply to 224725 by lmorovan.)
Imorovan,

Okay, you missed my point, I knew these events prior to the investors in this company my friend of many years was owner and CEO of.

Now I'll tell you that I've been told by an insider to CDex that we'll be registered on December 15, 2004. The opening price will be $3.00. Gosh....I hope you don't report me. I know if you did, it would be for the best for all the CDex investors, but I just wish you would not let the Sec. know I said this. I mean...I just want to share this info...I didn't mean any harm. Please...Imorovan...I'm begging you to have pity on my poor soul. I know you have a special connection with God, and all, perhaps you might just get off your throne to his right side...and put your hand of forgiveness one me.

Koko11

Evidently, information as such can greatly influence the general investment public and can cause harm.

I trust the Securities and Exchange Commission will look into these irregularities and take proper actions aimed at limiting the spreading of false information, or, of the information is genuine, take proper action against the person/s responsible of leaking material information or practicing selective disclosure of material information.

Thank you

Liviu Morovan

[lmorovan]

CDEX products for sale:

http://www.industrialbuyersguide.com/index.cfm?keyword=&id=328138&dowhat=getDetails

CDEX is a listed company under explosives detection sellers

[lmorovan]

The share price doesn't seem to reflect a good impression at the Orlando convention.

[lmorovan]

Imported from another board:

Perpetuated scam

Posted by: Himanez on Sunday, November 07, 2004 at 12:17:27 AM

This scam started small, back before the 2000 bubble. They lied and TOUTed their way into a 5+buck per share price, in Feb 2000, a classic pump and dump with extraodinary success, without anything substantial to back up the price. They printed millions of shares, and sold a big pile of them. A pump and dump was repeated with less success about Sept of 2000, getting up to about a buck. which attracted an SEC investigation.

The auditors quit them for lying, the SEC investigated and they were busted to the pinks from the BB. Their "scientist" was found to have no doctorate as claimed. Their device that they claimed would eliminate the threat of landmines forever was demoed by hocus pocus to be almost infallible in detecting unexploded explosives, and even naming the explosives..TNT, etc.

The share price finally drifted back down to a few pennies.

By a series of fradulent transactions, started in 2001, they changed the name of the company from LOCH to CDEX, and even hired a new CEO and BOD.. Their CEO and staff is mostly people that were associates in the LOCH pump and dump scams.

This new company was never registered to trade on any stock market with the SEC and/or the NASD. But they sold a bunch of shares by private placement, and continued the TOUTs and lies.
Most of the proceeds of the PP sales went to pay the salaries of the company CEO and other officers and insiders. Their HQ is in a postal drop in Maryland.

A deeply watered down distribution of CDEX shares in exchange for the outstanding LOCH shares was finally carried out to placate irate LOCH shareholders.

Several months ago they started trading on the gray market, which requires no registration, nor any periodic reports of anything to the SEC. They have no products on the market, but demos of "potential'" products at trade shows continues.

There is much more that could be said about this scam stock, but this abbreviated narrative shoud be sufficient to trigger more investigation by any potential investor.

[lmorovan]

The Counterfeit Spirits Detection Unit (CSDU) page on the CDEX web site has been withdrawn. A copy of the page can be seen here:

http://www.lmorovan.com/CDEX/cdex.htm

[lmorovan]

The deception continues:

For over 6 months CDEX has denied any relation with the CEXI trading symbol and the Grey Market, and now there are official Form 3 documents submitted to the SEC stating under "3. Issuer Name and Ticker or Trading Symbol" CDEX INC [CEXI.PK]. How far will the deceit go on?

http://www.sec.gov/cgi-bin/srch-edgar?text=CDEX+Inc&first=1993&last=2004&mode=Simple

[lmorovan]

A friendly advise to all potential new investors in CDEX or any other company:

Educate yourself. The stock market is full of scams and a fertile ground for scamsters.

Study the fundamentals of the company. Most investors that lose money in the stock market do so because of deficient or partial knowledge of the fundamentals.

Search the past as a reference to present and future performance. Know where the company is coming from.

Learn about the track history of management. Honesty, sincerity, openness, accountability, are not things that you learn, are things that you are born with.

More extensive advice will soon be a

[lmorovan]

Current and Past information about CDEX Inc, including information that has been withdrawn by the company:

http://www.lmorovan.com/CDEX/cdex.htm

[lmorovan]

Welcome to my Hub.