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Pennsteet, why are you confused, they're writing those silly and inaccurate posts.
Who on earth would buy a scam.
An advisory vote simply means that they're gonna do what they damn well please...
...but thanks for your thoughts.
Your are quite the lady charmer I've been told.
Maybe CDEx is going to buy back those ebay parts they sold and actually fill that alleged order.
And of course, they're going to need an acceptable library of signatures.
But first they gotta make the damn thing work as advertised which is something they have been consistently short of doing with all their products.
All two of them.
Whatever product CDEx intends to (or pretends to) release for sale to hospitals, it's going to need UL (and CE for Europe) approval.
They can't sell 'em without electrical safety approval and that does take time.
pennstreet or capnmike,
Can either one of you confirm that the iG4 can measure the molar concentration of a drug as I asked in post No. 39496.
Posting a CDEx PR is not confirmation, they lie.
Can you spam something a little more recent about Poteet. I mean really, 40 years ago? Your kiddin' right? An ultra sensitive IR detector back then is something I hang from my key chain today.
Why don't you repost the bios of the current BOD.
I always like that.
You are the only one that has been making those claims pennstreet. As far as shareholders know, the iG4 shown at the show was either a mock-up, a phony demo, or an OTC RA rigged to identify a couple of drugs for the show.
Do I think they just threw an IV bag in the chamber and it identified the drug, dilutent and molar strength... not for a second. PLEASE.
In fact, I don't believe Poteet will be capable of developing a product to identify a drug and accurately measure drug concentration simultaneously in a single measurement no matter what has been written in the patent app.
Loch/CDEx has a history of fake demos, false advertising.
Nothing has changed as far as I'm concerned, this is still the same scam as you admitted it was just two short years ago, so don't try to sell me any of your simple facts or hearsay.
Direct quote from pennstreet folks:
"No cuvette is needed with the G4, it identifies the medication in the vial"
Nice try Slick, but we aren't talking about identfication, were're talking about accurately measuring drug strength.
LET ME SEE YOU STATE THAT DRUG CONCENTRATION CAN BE DETERMINED IN ANY VIAL, SYRINGE OR IV BAG SIMPLY BY PLACING IT INTO THE iG4.
FOR THE RECORD.
As usual, CDEx has failed (so far) to update shareholders on the status of the iG4.
Par for the course.
Not even their alleged (I don't believe for a second that transaction will ever be completed if, indeed, it truly exists.) big sale caused any meaningful movement in the pps.
Could very well be that the alleged placement of an iG4 with an international pharmco was nothing more than an OTS RA spectrometer, if that.
A year ago pennystreet claimed that the iG4 had over 50 signatures AND could measure the drug concentration.
100% boolsheet!
No way these perps will ever be able to measure concentration without a cuvette, heck, they could only do it with limited accuracy with the cuvette under idea conditions with the old Valimeds.
These guys are definitely walking the tightrope right now and they know damn well that nobody but a naive PP sucker will even listen to their BS.
15 years and well over 100 million (est.) raked in and the only thing shareholders have ever received is BOOLSHEET.
And pennsteet says it was a scam, but not any more! LOL
Once a scam, always a scam.
Well, if CDEx wants to pursue Raman Spectroscopy seriously they need to get someone that is experienced. Poteet can sit on the sidelines and direct traffic.
That's if they really want to advance their current myopic capability.
Things are different in the realm of RA- it is not astronomy type spectroscopy.
The best that I can see them doing is to copy the leaders and try to apply that tech into a niche market.
Nope, sorry, I can't even see that, not without getting sued again if they're even remotely successful.
OF COURSE, POTEET'S NEW PATENT APPLICATION COULD REVOLUTIONIZE THE WHOLE INDUSTRY!
But then again, he'd have to be capable of building the elements
in his patent app. and make them work as imagined.
Correction:
The CDEx R/S which reduced the authorized shares from 200 million to 40 million was a later event.
CDEx subsequently authorized an additional 10 million shares for a total of 50 million.
I find it extremely difficult to believe that any investor would purchase a PP from CDEx.
The way I see it, any PP investor must either be a partner in crime, or has been boolsheeted something fierce.
Remember the sales forcast in that perspectus produced by CDEx back in the early days- 50 million dollars/year in sales within 3 years. That must of raked in a few suckers.
I wonder why some of these CDEx cheerleaders are so happy after 90% of their investment is adios. And of course, that doesn't include the loss of value from the eroding PPS.
My thought is compensation for the inonits.
What some of these CDEx touts fail to mention is that the majority of diverted narcotics which have been replaced with water can be detected using a standard refractometer which all pharmacies already have.
dw88in, I'm pretty sure that the "shareholder's shares" distribution after the Loch -> CDEx period was 1 for 43.xxx something. Any fractional shares occuring after the conversion they allow to be rounded up to the shareholder's benefit- wow, what nice crooks.
The CDEx R/S which reduced the authorized shares from 200 million to 50 million was a later event.
What you have to do is multiply those figures together, not add them. So the correct dilution is 43 x 5 x 10 = 2150.
Share numbers have been diluted by a factor of 1 for 2150, which doesn't include depreciation in share value.
Arloco can probably confirm or correct this.
I asked pennstreet a question the other day and he has failed to favor me with a reply.
So we still wait to see how the iG4 is going to accurately measure drug concentration (esp. when mutiple drugs are present) without the use of a cuvette.
Sorry
dw88in, investors' shares have been diluted by a factor of over 1:2000 over the years and that does not include dilution by simple depreciation in value (PPS).
Loch Harris --> CDEx 1:43
CDEx R/S 1:5
CDEx BK 1:10
--------
Straight Dilution 1:2150
If one includes the depreciation in the value of ths stock as well
the dilution is staggering.
This is one of many, many reasons CDEx should be considered nothing more than a penny stock money generatng scheme for insiders, period.
The cheerleaders on these boards try to convince people that it's no longer a scam, but the bottom line is they have NEVER produced any shareholwer value in the 15 years I've watched this little scam operate.
So now they say things are different. I don't believe a word they say. Prove it or shut up.
Who in their right mind would suddenly believe these perps after ripping off shareholders for the last 15 years?
NOT ME.
"Watch the volume"
"There was ABSOLUTELY no reason the 3 mentioned above could not have agreed with the other 15. NOT ONE REASON."
Plain and simply fact:
THEY WANTED THE CASH WHICH THEY WERE LEGALLY OWED, NOT WORTHLESS SHARES THAT BECAME DEVALUED BY 50% AS SOON AS THEY WERE ISSUED.
Pennstreet, would it be accurate to say that one of the obstacles in getting the iG4 to perform as advertised is in measuring drug concenteration without the use of a cuvette?
Where does Poteet spend all his time?
Gee Amanita, sounds like a penny stock scam to me.
Shareholders have heard that song and dance from nobody but you and you know how well people believe you.
Less than ZERO, being the CDEx hypster.
He probably didn't even know it- too busy in the lab.
Their problem is that they market and sell products that are mere concepts. Take the iG4 for example, CDEx has claimed to have contracts for it before they've produced a single unit.
I don't believe they've produced even a single working prototype. The only mention of anything that works has come from an insider taut which absolutely cannot be taken seriously.
Loch/CDEx has always advertised product features and benefits that they don't have. In the case of the iG4, I don't beleve they'll ever produce one. That's why they're continuing to push the CCT's. And that's why over 5 weeks since they were suppose to delivery on their alleged contracts they still have nothing.
"We currently have two patents issued..."
Thank you very munch for not continuuing to lie.
Take a look at what these snake dogs claimed in their BK documents.
Cash in advance no doubt- not even a COD
"The result will be that the "company" will take the deposit for 10 CCt's and that's , that."
I was thinking something all those lines. My thought was that Cdex may have sold them a bill of goods and the CCT's don't perform as they advertised at the show.
Even if they have to return the money, at least they got their big sales announcement which perhaps they thought was worth it.
Unfortunately, it did little to move the PPS nor did it distract attention away from the iG4.
Where is the iG4?
Will it measure concentration like the old Valimed did?
"when it's done and over, a scam is just a scam.
Playing, playing in the band...
Amanitia, how old is that PR?
There's something about this lab business that is omitting a foul odor.
I can only imagine the equipment cost for starting an "any test" medical lab business. LHC isn't that big is it? This doesn't make much sense to me.
A chiropractor is going to open a med lab, there's more to this story then meets the eye.
I wonder if they'll have free cookies at the opening.
They've got a big problem with the iG4. According to a telephone converstion with a former shareholder, the Medical Director stated that Raman Spectroscopy can't see thru plastic and since the iG4 allegedly uses RS, the iG4 is quite limited.
I believe his view has changed otherwise they're in big, big trouble making the iG4 useful since so many meds are contained in plastic.
Of course the real problem is measuring molar concentration of a drug. If you read their PR's and listen to CDEX's U-tube presentation with Dr Poteet they dance around they subject imo.
I'm sure the one Raman Spectrometer that they purchased off-the-shelf works just fine identifing drugs. What they need to do is built a library using it and then hope they can reverse engineer the unit and come up with the necessary software to run it.
Once that is acomplished they need to figure out how to measure concentration without interferring with the RS signals. Oh that's right, it's all explained in great detail in their new patent application- use an appropiate filter.
But seriously, I find it interesting how they plan on measuring molar concentration without the use of a cuvette to create a well-defined pathway for the measurment.
My thought is they can't do it.
Thermo Scientific has a handheld instrument that identifies thousands of meds and combination of meds.
It also has an instrument caled Trunarc that identifies hundreds of drugs including the newest synthetic drugs. It is available in several languages Chinese, Russian, Polish and Spanish.
Quite frankly, it puts everything CDEX has to shame and really shows CDEx as the scam it is.
http://www.ahurascientific.com/about-ahura/press-releases/pr20121115-trunarc-1-2-language-update-for-narcotics-analyzer.php
They haven't completed the order yet, they still have to make'm.
What I'm waiting for is the "placement" of the iG4 Systems which allegedly have been on order since last year.
These are the systems which they claim you place the syringe or bag into the chamber and it identifies the drug and concentration without the use of a cuvette.
I don't believe that at all- zero.
"This is the second year for us to demonstrate the capabilities of the ValiMed G4 at the ASHP Midyear conference. By year's end, we expect to have placed our initial units. These placements originated from last year's event, which in-turn produced a number of contracts. We expect the event this year to be even better, with numerous private showings already scheduled," stated Jeff Brumfield, chairman and chief executive officer of CDEX.
I don't see the word 'sold' anywhere.
What it looks like to me is all the things that CDEX promised potential buyers that the iG4 could do never materalized.
With the history this company has at the show they are probably not taken seriously anymore.
The CDEX motto seems to be over advertise and under deliver.
Hi Sassy, I've put in a request to the Basher General for OT so I can make you feel more comfortable this weekend.
That's all I have to say until my overtime pay is approved.
There's something important happening a week from tomorrow but I dang can't remember right now.
But even at a penny, it would be money down the drain.