I am not doing a lot. I am retired. Doing a bit of share trading and own a bit of real estate.
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Lets see now..., .25 cents = 1/4 of a penny... 1/4 of a penny. JUSt might make that soon. LOL...
But much more reliable info is right here on IHUB. On this very forum.
Don't gotta call anybody.
Don't even have to join in the debate.
Just read and heed whomever you believe.
The funny moves in the daily trading tends to bolster THAT view!!
OK, You want it to hit 6?? Very easy. Just put in a buy at market. The ASK is at 6.
Almost all the trades today are SELLS.
With the BID at a nickel...sells are almost certain.
Frustrating is it?? CDEX traders not paying attention?? I have no solution to offer you... Except ..buy low sell high.. And find a company with many more shares outstanding..
I expect that the CDEX management will do as usual...UTTER SOME MORE BALD FACED LIES!!
They learnt how from their then and now REAL BOSS!! LOL!! and it ain't BRUMMY.
CDEX has to come up with the up front money, though !!
WHERE IS THE DOC??
It does appear that the "HA" palatial offices are no longer occupied... SHUCKINS!! Another DREAM gone to ashes.
I neither welcome the paid TOUTer nor NON-WELCOME them.
If they can sprout up a run-up it COULD be a way for old shareholders to get a bit of change. But probably not. Most of them would wait until they can actually make a dreamed for profit.
Which would mean a wait forever.
There are those that merely want a P&D runup...and do quick trades.
But I doubt that "HE" would do very much TOUTing before they get paid. But there are people out there that would pay them if they see potential in a run-up. CDEX needs more shares in the treasury
to enhance such, though. Say 300 BILLION rather that 300 MILLION.
And go on the pinks.
The pinks would not scar the CDEX reputation. It is already scuffed smashed torn hanged and quartered. They might need a co-signer to pay CASH!!
Something up alright. A trial at a run up based on pure 22 caret BS. But you will nae doot pahdon me if I predict failure unless CDEX can actually show that they can market the IG4, upon which they are hoping will do sumpin for their depleted treasury...
By selling SOMETHING... such as PP shares..or whatever else. MAYBE a new DISTRIBUTERSHIP?? That last one did not do so badly..even though based on HOT AIR and nothing else.
Assignment for anyone wishing to accept it.
NAME ONE THING THAT CDEX HAS PUBLISHED re a product THAT IS NOT A LIE.
EXCEPT DISCLAIMERS.
The WASH rule though only applies to the losses...not the gains.
None can accuse you of being over wordy... but your message is clear... Who cares if it is a scam. TRADE IT, don't fall in love
with it. get some NEWBIES stirred up to buy. To which I would add.. GET SOME REAL TRADERS INTERESTED. Sorry it ain't working out for you!! But there is not enough shares on the float to stir up a sustained pump!!
THE MMs did another clever thing today. Dropped the ask to .03 and got some bites, reeled them in. Then raised the ask back to a nickel...LOL!! SOMEBODY GOT A TWOCENTS PERSHARE fast profit...
But watch out for the WASH RULE.
It appears that CDEX hoped to use the promoter to churn up a P&D.
No way any promoter can do a silk purse out of the SKUNKs ear that is CDEX and hold to a modicum of truth. They can cite NO DEBT and put the BK in very small print at the bottom. Maybe even cite that there are DOCs on the BOD of MEDICINE and PHARMACY. And cite the CEO that the IG4 has unbelievable potential.
(With "unbelievable" being the operative word.. but NOT MENTIONED as such!! LOL!!)
Now that CDEX has an "allowance" from the Patent office. The QuESTION is NOW WHAT?? That and five bucks can maybe get one
a CUPPA at starbuckky but w/o a doe-nut.
With no money, no credit, no staff, no manufacturer, no credibility, marketing is out of the question. The "allowance" is worthless.
They could TRY marketing the "allowance" to a company that does have the resources to bring it to fruition... ANYBODY wanta guess what company would be interested??
In the unlikely event that CDEX can raise the MILLIONS it would take to market the IG4... Even if was real, needed and really marketable.. wouldn't ASD still have a claim?
No claims....read the preceding post. Just POSSIBILITIES..
And MP playing both sides like a fish on a bamboo pole. He could be egging JB and WADE on and at the same time "advising" yall LUBBOCKERS, WHO KNOWS???
TREACHERY amongst Thieves and SCAMSTERS is not unknown. Happens rather often, in fact.
LOL!! Maybe you should go back and read your (OWN??) posts.
But maybe not. It is so very obvious that CDEX is a dead entity that any argument re its status as a live thing is ludicrous. Whether the toenail letting it hang on by and continue to exist as a bad joke is financed by the LUBBOCK ANGELS or not.
CHAP 7 would be a liberating event... but would allow whatever fallout that comes next be perhaps more interesting.
One more Q report but not due until Sept 14 so maybe yall LUBBOCKERS should find some make work for JB and them to do.
IDLE HANDS lead to devilment...so said the prophets. JB and WADE could be plotting against yall, for all you know.
You have posted repeatedly that the LUBBOCK ANGELS hired JB.
And continue to pay his salary.
I do not believe that first part. MP was the one that hired him.
I do believe the second part. But there has been no announcement of a specific bequest to CDEX, which is what it would be...a bequest. While not illegal, such bequests would have to be reported as significant events.
Doc bought 2 million shares but off the public regular market over time. No money for the company. He did convert some warrants, also.. duly reported.
Selective reporting by the company is not legal.
Too small to read Paige. But right click on it, and up wiil pop a menu which you can use to make it larger.
Trouble was the ID2 doodoo hickey never sold. Too many false positives from chewing gum wrappers and discarded ciggy packages.
ACTUALLY no shareholder, debtor, BOD member, INONIT, TOUT, nor any other except those getting salaries/bonuses, has the slightest reason to be happy with the performance of CDEX. NONE.
Even the flurry of trading last Friday has petered out...none so far today. Not even the token 2 or 3 shares to hold the bid out of the pink level.
Need a clever fellow to write a good tout and get it published.
Featuring of course, the TREMENDOUS potential of the G4..and the lack of debt.
Playing down the lack of funds to get that sucker built and on the market. No need to mention any negatives when Touting!!
Pretty clever move!! Come Monday will the trend continue??
Enough volume to set a trending sequence. Jot some interest, maybe.
So why not reveal the true state of affairs re CDEX??
I would welcome it and you to this forum.
After all, this forum is about CDEX.. Anything known and revealed or just opinions re CDEX is what it is all about!!!
I note that the pre-market SP is closer to the true value of the shares.... ,.0.5 ask, .0001 bid.
Lets see how much that changes at 9 AM..when someone makes a fake small trade.
Flippers see that (if it holds up) they might run the volume up
and create a trend...
The ask price is arbitrary and up to the whim of the MM. They can raise it or lower it usually based on demand. But demand is driven by the VOLUME...which is low.
Whether they can get the ask is up to any buyers.. if they put in a market buy, they will usually get to pay the quoted price.
with such a small volume, no trends can be expected to be established.
CDEX has not published any news that would excite buying anyway.
Off to the right are other reminders that should be read and understood by posters. This pops up when you start to write a post.
LOOK closer ponder. Somebody sold 1001 shares and got a BID price
slightly better than was quoted.
It is probable that if someone wanted to buy some shares on the open market and makes an offer of say 4 cents instead of the presently quoted ASK price, that order would be promptly filled.
EVIDENCE can be found that if you want to buy say 2 million shares, you can get them at 2 cents.
http://ih.advfn.com/p.php?pid=nmona&article=62782520
Since CDEX has not an engineer, one must wonder, since they do not seem to need that expertise, then why do they need a scientist??
HECK they could probably hire the CAP'N to think up Imaginary Doo-Hickeys. And he could cite numerous web sites that can be said to show an extreme need for it!! He could quote numerous PHARM and Medico entities. Since he is not weighted down with the psychological need to be extremely truthful he would make a great addition to CDEX!!!
JB could tell WADE to go lay North oriented concrete slabs to hold telescopes and help explore the UNIVERSE!!
Engineers are paid to think, when what is needed are Dreamers, not Thinkers!! Thinkers might see the joke and delay stuff with questions!!! Not to mention befuddle the mind of the CEO just when what is needed is ASSURANCE!!
On the face of it (PRIMA FACIE) you are right. SUCKERS!!
Whatever plans they have, if any, to prove that they are NOT suckers are obscure...
BTW, you failed to mention the reverse split. Which took 90 percent off the value of shareholders holdings. So that hit
which came with the BK means that the truer value (IF INDEED THERE WAS ANY VALUE TO START WITH) is only 10% of whatever is todays bid quote, comparing Pre BK to after BK.
The authorized did not change. 300 million shares before and after. The only change was the shareholders equity in the total number of authorized shares.
But the CEO, perhaps anticipating a negative vote, did not try to get more shares voted in...but wanted to keep lotsa shares AUTHORIZED hoping to sell a boatload of PP shares based on his lies re the IG4 and the advantage of no more debt in the thinking of potential PP buyers.
So the BK kept the total authorized unchanged, but lopped 90 percent offa the shareholders stake.
And whatever debt was left after the reorg was in "Friendly INONIT hands"...out in the OIL PATCH.
EXISTING SHARE HOLDERS had already given up on CEXI/CDEX so did not any longer give much of a damn...IF INDEED they realized what had been done to them.
YEAH, YOU will sin duda say that 10 percent is better than zero percent which would have came with a CHAP 7... But since the company has done nothing since the BK, it is a hollow argument.
CHAP 7 would have meant a merciful end rather than the slow death that has occurred.
BTW, this jr is he a public figure?? If not, you should not try to ID him or her. Not allowed by the web site rules.
I doubt if I ever even HINTED that MP did a good job as CEO.
And surely will not find me hinting that the present putative CEO is doing anything at all that is good for the shareholders in general.
AFTER all as you have made clear, he is the creature and puppet of the ANGELS of the OIL PATCH. What they want, he does. Which is absolute nothing of importance. JB follows the money... and if what you say is accurate he gets all of his money outa the said ANGELS.
So why not just change the trading symbol to OPAN (Oil Patch ANgels) and be done with it.
YOU can even appoint MP as CEO again...after all, doesn't he call most of the shots for yall ANGELS already?????
So under the present CEO, it has gone down from 50 cents to 2 cents?? And THAT is good management??
BUT OTOH, As you have pointed out, the ANGELS are well pleased.
AS it stands, JB has only to satisfy the ANGELS, since you say he is getting his salary offen THEM SAME ANGELS. Yall paying a bonus for non-performance also??
I see by a filing that the DOC got 2 million shares at 2 cents each. Offa the float?? Or was that a private transaction??
Who got outed crow? Losing all their money is outed enough!
Why did they get outed? Because CDEX became obviously deader that a year old non refrigerated mackerel.
Who is responsible for Cdex being able to pay their bills. Who says they are?? Are they being paid??
Can Paige and any other past, present or new shareholder buy Cdex stock on the open market? YEP. but I doubt that they can be persuaded to do so.
Why is the Cdex stake really worthless as you say it is? Because the SP is grossly overpriced. And any sustained attempt to sell the old existing shares will only make the bid become smaller
And if you do NOT know the truth, simple don't answer. You probably meant "simply". But if you believe it will become profitable off an imaginary doo-hicky you gotta be "simple".