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Gude ole Poteet is either the most naive scientist know to man or he has been a willing participant in the CDEx scheme from the day he came on board in the 90's.
He went along with Dr. Henry Blair being the noted inventor of the bogus technology until he took over as inventor.
He also plays the banjo and sings.
His flamboyant personality fits in nicely with one of the above scenarios.
15 years of producing psuedo products without the slightest notion of the scam?
Get real.
Pennstreet you are once again confused:
"I see NO reason to cry scam, and try and destroy people's hard earned investment dollars that have been faithfully invested in Loch and Cdex."
There's no one trying to destroy people's hard earned investment dollars because the scamsters have already taken it. 99.9% of investor's money is gone. The only investment money there is to talk about is the new Lubbock money.
Allow me to be repetitive, investors have no money left to be destroyed, it's gone, get it. IT WAS DESTROYED BY CDEX SCAM ARTISTS.
JUST A SIMPLE FACT.
Pennstreet, you said CDEx was a scam, when did you change your mind?
I haven't.
"Every shareholder in Loch and Cdex knows that invested dollars into the two companies, is why Cdex is at work today."
YES We know that every single dollar invested in both Loch Harris and CDEx is gone. Kaput. The 100 million dollars (or so) invested since the LOCH days has been ripped-off by CROOKS. There is nothing to show for it except some glossy colored brochures of fake product.
THAT IS CALLED A SCAM AND YOU HAVE BEEN KNEE DEEP IN IT.
The only investment dollars left which may or may not be benefiting shareholders is the recent 1.5 million invested by the Lubbock group.
Thank goodness that money is being monitored by the courts because without their oversight, this scam would continue unabated.
If pennstreet really wants people to believe that CDEx is no longer the scam that even he claims that it HAS ALWAYS BEEN, then they never should have hired the CEO, the twice bankrupt, failure of a business man, IMO.
No matter how much pennstreet tries to bolster the CEO's image it's just all fluff and everyone knows it.
The CEO does NOT give investors that warm fuzzy feeling needed for PP sales, and after all, isn't that what it's all about.
That's how this scam has survived for the last 13 years without a single successful product- sell the light at the end of the tunnel and strip shareholder equity through reverse splits.
What's pennstreet selling now? The newest product that's been right around the corner for over a year??
"Could it be that he knows of the past efforts of CDEX to fool investors?
Could it be that he knows what the insiders did, with fake mock ups, rigged product results, or made up claims of research"
Ah shucks amanita, we all done known that, especially them stupid mock-ups with the CDEx stencils transfered on crooked.
The latest mock-up of the iG4 was no better.
They do have the TABLE OF CONTENT drafted for the 43 page iG4 instruction manual. That's a start.
That's how this scam tries to fool investors, they pretend to have the instruction manual completed before they even have a working prototype.
CDEx is a scam and these crooks need to to be shut down.
"One might expect this type of technology takes very intense specialization, to say the least."
No one thinks that except for dishonest CDEx insiders trying to deceive PP investors.
There are a dozen companys out there using advanced forms of RA technology right now- CDEX has nothing unique.
If one wants to view state-of-the-art equipment look at THERMO SCIENTIFIC, their systems are designed from the chip level up.
CDEx is a joke in comparison (if THE iG4 EVEN EXISTS).
The only thing that CDEx is trying to do is to integrate the abilty to psuedo-measure drug strength into a OTS unit, something that Poteet is having problems with from what I've been told.
With CDEx, even if their final product doesn't work as advertised, they'll still try to pawn them off on gullible suckers to generate PP sales.
After monitoring this company for over 13 years that's what they do and I beleive that's what they'll continue to do until stopped by law enforcement.
A potential CDEx customer at the show: "WOW! if it will actually be able to do all that we'll buy one!"
That's a contract.
Don't forget that he also lead the charge against MP, just like he was told to do. He's been a good bird dog, and I reckon that's where they want to keep him.
NEVERTHELESS, I SAY ROBERT STEWART FOR THE NEW PRESIDENT OF CDEX!
Let the new takeover of CDEx commence AS SCHEDULED.
We shareholders have no say, we've been robbed blind.
As a major stock holder of CDEx, I can't find munch on PEMCO. Where are you looking Crow?
Has Poteet been telling the truth, the whole truth and nothing but the truth?
Let's put it this way, why is he still working for this scam for well over 13 years?
Remember when he was honored to be working for the noted inventor
Dr. Bliar, then became the inventor?
To date, what has he ever gotten to work as advertised- not partially work?
What does he have to show for himself, the ELF, EM-1, Myth Gun, CCT, iG4... where is the excellence in CDEx?
Crow, is that the name of the company owned (or controlled) by the med director?
What I said is 100% correct and I can back it up, Pennstreet. So unless you can back up your BS (which I know you can't) your comment is worthless.
I have been both an investor or observer of the Loch/CDEx scam for OVER 15 YEARS. I have learned that if there is any abiguity in a PR it is most likely done intentionally and for the benefit of the scamsters.
IN THE OLD DAYS THERE WAS NO AMBIGUITY, THEY WERE BOLD-FACED LIES.
Crowe, even though CDEx may want people to think the sale of those ten units will require special installation and technical support bringing in more money, I don't think that's the case.
The PR reads:
"Each unit placed requires additional service for installation and ongoing product support by CDEX for two years from the date of delivery."
First, the units should come calibrated and ready to use with their selected signatures. Installation of a bench-top unit that plugs into the wall shouldn't require anything more than a technician at best. Appropiate instructions should be provided.
Second, over-the-phone technical support is usually provided at no charge, there should be no need to travel to Kuwait unless they negotiated it as part of the deal. I believe the two year support period is part of any normal sale.
I think the PR is misleading. Looks like the same snake wrote it as usually.
Of course, this is all assuming the sale, as claimed, actually took place. After the alleged "placement" of that iG4 over a year ago, these scamsters have once again shown how big their huevos are.
CDEx's BK lawyer sure seemed to be in a hurry to complete the fill-in report. It's almost as if he wasn't on the clock! lol
You're right Crowe, the Lubbock money is almost gone and there's something fishy about that Kuwait sale.
I believe there's more to that Kuwait story than meets the eye. If it is truly a sale, I don't think the buyers are going to get what they expect.
CDEx has always over sold and under delivered.
Pennstreet don't post after visiting the cantina, you fail miserbly at keeping you stories straight.
"The CCT's require invasive measures. The G4 reads through the syringe, vial, or IV bag."
An earlier post from pennstreet:
"The potency of medications that the G4 looks at is from IV bags and syringes.
It is an obvious no brainer that vials cannot be treated the same."
-pennstreet
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=85541246
A non-brainer for sure.
No need to waste my time seeing a cannibalized, off-the-shelf, Raman Spectrometer with a lap top added and calling it a iG4.
Poteet could barely get tha older Valimed to measure concentration to an acceptable level (semi-quantitative at best) using a cuvette precisely positioned in the unit, how's he going to do it without a cuvette with the object just "tossed into the belly" (pennstreet).
More rigged demos is the obvious answer.
Seeing a demo and watching scamsters lying like scared little crooks would be entertaining if one doesn't take it seriously.
Why does CDEx keep changing their accounting firm?
Once you have a firm that performs their task properly don't ya stick with them? Develop a relationship?
Maybe the firm never got paid or wouldn't be a part of the CDEx scam?
Strange.
CDEx describes its "wish list" for their imaginary dream machine:
The fourth generation of the ValiMed Validation System significantly raises the bar for patient medication safety and pharmaceutical drug loss prevention. The ValiMed G4 provides cutting edge features and benefits over existing systems available in the market. The G4 identifies the drug, the dose, the diluents, and is the first to feature multi-component compound detection. The G4 will have an enhanced software platform for improved accuracy and reliability, while able to perform non-invasive measures of compounds directly through IV bags, syringes and vials, offering lower risk of contamination with increased workflow. In addition to validating high-risk medications before leaving the clinical or pharmacy environment, the ValiMed G4 will also monitor and discourage the diversion of controlled substances by validating the returned or unused narcotics from patient treatment areas or surgery suites. Other applications for the ValiMed G4 system include counterfeit medication monitoring, regulatory compliance and training of clinical and pharmacy personnel.
THAT WAS WELL OVER TWO YEARS AGO AND STILL...NADA
I wonder if pennstreet and capnmike are averaging down. If not, I wonder why they're touting a scamco after their entire investments has evaporated through R/S's and devaluation.
Something just isn't right.
It's nice to hear confirmation about something we already knew!
THE BK WAS THOUGHT OUT IN ADVANCE OF THE NOTE DEFAULTS AND WAS DESIGNED TO GET RID OF SHAREHOLDERS AND CDEX DEBT.
And who were the on-line mouthpieces trying to blame it all on the note holders, yes pennstreet and capnmike.
These perps think they're clever, but it was obvious from day one.
One just needs to ask, "Who will benefit from the BK with shareholders losing over 90% of their positions while CDEx recharges their treasury shares?"
The insiders and their "lying in wait, loan to own" conspirators.
Scamsters that have no problem lying right in your face.
Beyond disguisting.
They can't sell an electronic device to a hospital without it passing electrical safety tests through UL/CSA or CE for the European market.
My guess is they're buying UL approved Raman Spectrometers OTS and putting their label on them. Poteet is probably trying to add features to them to measure concentation. The RA won't do that.
Good luck accurately measuring molar concentration without the use of a cuvette.
Poteet should retire.
Pennstreet, as always, you're trying top sell the light at the end of the tunnel while you're in total darkness.
Investors have lost over 95% of their investment through the BK alone. If anyone thinks this scam may payoff they should wait to see positive sales with good independent reviews.
Until such time, no sane person should buy into this well established scam.
Your Lubbock investors made one big mistake, they believed your sales pitch.
Everyone learns... eventually.
"Imo, the G4 will is a great product."
I think what you're trying to say is "the iG4 will be a great product".
That's if Poteet can get it to work as advertised.
I was under the impression that CDEx spent their own money to fund the 18 month study, the university isn't going to do it.
What they absolutely need is UL/CSA/CE conformance certification. No hospital would touch a iG4 without it.
Quite insignificant R&D expenditures for a company in the process of developing tha iG4.
That's probably because of the problem they have with vials- according to the all-knowing pennyhopper.
That vial thing is a deal wrecker.
Amazing how much money went for consulting fees and executive compensation.
Over 35 million dollars down the rabbit hole.
Are their any new PP investors (besides the gullible Lubbock group) that we can slowly shake our heads at?
I love the way that 200 share buy yesterday jumped the price up 33%!
That's a confidence builder.
Enjoy pennstreet.
Will they be serving margaritas at the CDEx shareholder's meeting?
You can't just answer a simple and direct question can you!
If you did, this would be over, instead you talk in circles.
You've tried to evade my question, so once again, why is it so obvious that the iG4 can't measure drug concentration in a vial? Do you even have a clue?
My favorite pennylie was when we questioned him about Blair and Poteet working together at OSEM.
He tried to deny the fact that they knew each other way back when.
Pennstreet did all the talking in Poteet's defense and claimed that Poteet had threatened to sue the Arizona Daily Star newspaper for allegedly writing the article with false information about him.
He claimed that the newspapers official response to the threat of a lawsuit was "ABSENCE OF MALICE".
ALL A COMPLETE 100% FABRICATED LIE.
THE ARTICLE WAS ALL TRUE.
NOW THAT WAS FUNNY!
"The potency of medications that the G4 looks at is from IV bags and syringes.
It is an obvious no brainer that vials cannot be treated the same
"
Pennstreet, for us simpleltons, why can't the iG4 read the concentration of a drug from a vial, yet allegedly can read it from an IV bag or syringe.
This is the third time that I've asked for an explanation to your obvious "NO BRAINER".
The fact that JB and Mark Baker are both (or were both) members of The San Diego Boys Club seems to back up what Kidd is saying.
They evidently go back much earlier than what pennstreet wants people to believe.
Pennstreet, remmember the last time you tried to hide the truth about A CDEx CEO:
"Malcom Philips was just an ordinary shareholder like you and I."
He was your hero.
Cdex has been advertising something that they don't have. That's what isn't real.
And your now confirming it by saying the iG4 can't read the molarity of a drug in a vial.
What's next?
What other alteration from the original claims are going to materalize? It's already reminding me of the "point and shoot" Myth Gun. What a scam that was.
You've tried to evade my question, so once again, why is it so obvious that the iG4 can't measure drug concentration in a vial? Do you even have a clue? Better give Poteet a call and came up with something.
"The potency of medications that the G4 looks at is from IV bags and syringes.
It is an obvious no brainer that vials cannot be treated the same."
No, it is not obvious pennstreet. Tell us why the iG4 can read the concentration of a drug throught IV bags and syringes, but not through vials.
You have now changed your story.
What is obvious is that you've had a little chat with Poteet. Is he changing the performance specs as he goes along? That sounds about right.
"It is evident that at least some CDEX investors who have been investing from the beginning haven't let go."
What are they holding on to? Are they using tweezers and a magnifier glass?
If one bought $10K of Loch stock just before the APA R/S that person's stock now as a value of $1.55 , yes, one dollar and fifty five cents.
Go treat yourself to a burger at McDonald's, but use the dollar value menu.
Honestly, when one ponders the situation, shareholders have been virtually stripped entirely of their investment in this scam.
You have lost all your money. You are free.
NOT TO TAKE A GOOD TAX WRITE-OFF WITH AT LEAST SOME OF YOUR REMAINING POSITIONS WOULD BE TOTALLY [b)INSANE.
Not advise of course, just my view on the situation.
Hum, the truth just keeps coming out about Cdex and the stock.
96% dilution and a product which was suppose to be delivered to customers with contracts last year!
It sure is!
A simple truth: shareholders have not loss 90% of their investment after the BK R/S.
If one considers the devaluation in the PPS (even after the newest alleged sale), shareholders have actually been diluted by over 96%.
A simple fact.
And who are the only two positive poster, yes pennstreet and capnmike, although capn did backpedal recently.
Pennstreet, do you really think shareholders would still be wise to average down?
Happily, most (if not all ) are not taking your advise.
The only person making those claims is none other than PENNSTREET the unbelievable.
Totally.