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oops whoops, didmeister ...
Then there'e ASD, the company that CDEx must pay royalties to for every Valimed sold. I believe that the iG4 (if ever successfully produced) will also require the payment of royalty fees.
I don't remember seeing any mention of those royalties in court docs ... but admittedly I didn't read them all so it might be in there somewhere.
Besides that, lots in your post for a hot-air-fueled dust devil to whip around!
Gooooooooooooooooooooo CDEXD !!!!!!!!!!!!!!!!!!!!!!!!!!!
(Edit make that CEXID - but what matters a few wrong letters here or there!)
Let's see if it can understand English. The post under scrutiny reads:
"It should check the geography and current weather of the "good ole USA".
It would find there are no dusty, dry places anywhere in the north or south or southeast or east side or anywhere else in the "good ole USA". "
Note the word 'current' which has been highlighted for ease in spotting.
Asking it again: is today April 19 or 20, 2012? Putting a finer point on it: Is April (any day, any year) current? I b'leeve today is October 31, 2012.
But that level of inaccuracy is normal for it. Dust devil spin fueled by hot air at its most illustrative! Used in its every post heretofore.
Gooooooooooooooooooooooooooooo
CDEX
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Life in the fast track started really really early this morning. It must be berry berry bizzy today.
Just a teeny question, for clarity: is this February 2, 2012?
Can't believe it actually admitted this:
"Mr. Brumfield has NO problem bottling the truth."
Crowe, can you? The admissions come fast and furiously some days.
It should check the geography and current weather of the "good ole USA".
It would find there are no dusty, dry places anywhere in the north or south or southeast or east side or anywhere else in the "good ole USA".
To simplify for the grey-matter challenged: that means no hot air for dust devil fuel anywhere except the dry flatlands of west tejas.
If the hot air for which it has become so famous could be bottled, maybe JB could sell it for airplane fuel. That would be a good and novel use for it. Maybe even lucrative. As long as he patents it.
Gooooooooooooooooooooooo CDEX !!!!!!!!!!!!!!!!!!!!!!!!!!!
Good job stopping the spinning top and getting things back on topic.
It's like a little dust devil popping in to pay its regards several times a day. Lots of those in west Tejas, fershirley (tm capnmike).
Certain conditions increase the likelihood of dust devil formation.
Flat barren terrain, desert or tarmac: Flat conditions increase the likelihood of the hot-air "fuel" being a near constant. Dusty or sandy conditions will cause particles to become caught up in the vortex, making the dust devil easily visible.
yup, they sure are. legally, I should add, just in case you were wondering.
"Yet, not one lawsuit filed by "ANY" of them,..."
Whyzat, doya s'pose?
I can name at least two peeps who know why.
So can several others, spitbashers (tm crowe) and trooblooers alike.
"There are those that LIE AND SCAM on this CDEX board, and that is a simple fact!"
Absolutely 100% true.
Astounding to see you admit it!
A dynamic duo, Ramsay and TOmmy, for a while at least.
Never modest, Tommy let it be known that potential investors in any of the several interconnected companies he "represented" hung on his every word and when he suggested they buy shares, they'd ask how many.
Then Nigel ran afoul of some authorities and Tommy tried to becme invisible and their touting days for loch were fini.
It just hasn't been the same since those exciting days!
Goooooooooooooooooooooo CEXID !!!!!!!!!!!!!!!!!!!!!!!!!!!!
you're easily comforted - or -
methinks thou dost protest too much.
take your pick.
No matter, really.
The acid test will be PRs noting sold product(s), how many, to what outfits and when the transaction(s) happened.
Not "placed" along with chits representing shares of stock or for any other arrangement that isn't a sale.
Sold for cash.
According to the current CEO/hero du jour, the demand for product has been just enormous, hasn't it? Isn't that what he told the judge? So I guess they're working very hard to meet the demand.
When do you think the first "we've sold XX whatevers to YY for $ZZ US" PR will appear?
whatever you say,
in your tortured way.
i guess you didn't sleep well after all.
pity.
"Naw, not interested. "
Didn't think you would be.
No prollem.
Sleep well.
Hi there, pennstreet!
Really interesting that you knew eggzackly who I was referring to.
And why was he never there?
After all, in your view all I am is another one of those turrible awful spitbashers (tm crow) and you with your flawless memory can clarify stuph for all of us.
Two (2) employees as of the end of September 2012 ???
Who would they be?!
Oh wait, it's Stephen McCommon of course.
Wonder how they're getting all the tweaking done to meet the huge demand for product with only two (2) empoyees there, and neither of them a scientist or even a lab tech or whatever.
There seems to be a serious attempt to rewrite history - the "back story" - going on.
Too bad one of the early ferociously strong supporters of the company (who coincidentally bore a physical resemblance to Lmorovan and with whom I as a spitbasher (tm crow) locked horns for a long time) is no longer reading and posting.
He might have another, far more accurate version of the history of certain things.
But the only things now that are of any real importance to long-suffering sh'holders are 1/ what cdex actually sells, 2/ what the CEO's PRs say, and 3/ bottom line what the sh price does from here on out.
crow, can you easily find the words JB used in his report to the court about the flock of buyers lined up and ready to buy? I think it would be worthwhile posting them here. I'll start looking for that doc but they might appear in a couple of docs and you're so much faster than I'd be locating them! Thx.
What a great idea: letting the company rise or fall on its own strengths. Letting it finally finish making its newest product and selling (not placing, selling) it in quantity to outfits champing at the bit to buy it. According to jb's account to the court, they're out there.
Perhaps he was exaggerating a tad.
Nice to read some blunt honesty instead of waffling hype, for a change.
Mine in red. That way you'll be able to find them easily, assuming you're not colorblind.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A reply to a Post>
I just copied the post, a little easier answering the POST:
Do you also have NO problem with letting investors think the items placed were paid for, as was the case with those big, reputable medical centers in Houston and merrie olde, and also NO problem with not having told those same investors (and future ones) that the placed items were returned to sender because they didn't do what was advertised on the tin?
ANS: Mr. Brumfield did not send "ANYTHING" to Houston. Did I say he did? Why in the world did you feel you had to remind me who was running the good ship loxipop in those days? ASF!
Of course not. Why ruin a good story with a touch of truth?
ANS: Please post where Mr. Brumfield sent anything to Houston and/or the PR that said he did. TIA! See above comment.
Whatever works, right?
ANS: That sentence is right, which is exactly why the Boone's, Baker's, Shriver's, Ryle's, and Philip's are NOT around. Your ability to make a cohesive argument leaves something to be desired. 'Whatever works' is what I posted, and any 3rd grader would know that it referred to the immediately preceding sentence, which was 'Why ruin a good story with a touch of truth?' Two rhetorical questions with self-evident answers. Nothing more, nothing less.
Let's see what kind of PRs can be created for upcoming placements. They'll be made possible because of the efforts of Dr. Terrell, won't they? Is he the new, domestic version of the international M. Pouligny? I notice that you chose to ignore these questions. Why is that?
ANS: I am looking forward to the upcoming PRs. Imo, there will be many responsible for the placements. So they will be placements and not sales? Is that what you're confirming?
When can we expect the announcement PR about the first placement of the about to be finished new product(s)? Who will write it and who will sign it?
ANS: I have no idea, not at all sure I believe you. You're very close to the action, a fact you want everyone to know, so my "guess" is you know a whole lot more than you would like to say except in oblique (look it up) hints. but imo, December might be a good pick. Imo, the writers will be, Dr. Poteet, Mr. Brumfield, Mr. Starzinger, Dr. Terrell, and possibly one or two more. Only part of my question asnwered. With all those writers, who will sign it, all 5 or 6 contributors? Will you be one of the 'possibly one or two more'?
This company under its various names and leadership has come a lonnnnnnnng way since it decided the scam du jour was going to be built on Diana's concerns about land mines (incredible edible cotton seeds just weren't compelling enough). Now, after a temporary stall to free itself of debt, it's being revitalized by the war on illicit drugs or contaminated hospital solutions.
ANS: Mr. Brumfield was not around in those land mine days, NOR are any of the land mine leadership team. Again, did I say he/they were? Mr. Brumfield was not part of the super duper cotton seed team either. Ditto. Mr. Brumfield and his Lab team, are on illict drugs are they really? They should find a good outpatient rehab center for help. btw ... who is on his lab team? Name(s), please.and making hospital's safer. Aha ... you actually got the point: the newest "product" allegedly being perfected and about to be "placed" by this company into eagerly awaiting hands (per Mr. Brumfield in court filings). And this product is making hospitals safer. Can you be more specific, please? What hospital(s) has this product made safer? And of course you shouild probably cite your source.
Oh wow. Let's see how well that works.
ANS: I do believe we will, imo.
Plus ca change.
ANS: Let's hope for all shareholders and creditor's sake, there is "ca change"! I didn't know you liked cross-language puns. I'll have to remember that.
Have at it, pennstreet. Show me the flaws in this post. Be very very precise and do try to control your LOLs
ANS: LOL!!!
Sorry, you flunked. Refused to answer simple, straightforward questions. Couldn't create a coherent line of thinking. Gave no evidence to support continuation of hyperpump. Tried to use what's evidently supposed to pass as humor throughout.
Not your best work, pennstreet. If you'd like to try again, feel free.
Announcements are just hot air with the stench of (BULLSHEETtmCrow3.) With out real facts behind them in the form of real sells. JMHO
Absolutely. Sells, not "placements". Facts not spin. ROI not loss on same.
"However, I have NO problem with placements that are free,"
Do you also have NO problem with letting investors think the items placed were paid for, as was the case with those big, reputable medical centers in Houston and merrie olde, and also NO problem with not having told those same investors (and future ones) that the placed items were returned to sender because they didn't do what was advertised on the tin?
Of course not. Why ruin a good story with a touch of truth?
Whatever works, right?
Let's see what kind of PRs can be created for upcoming placements. They'll be made possible because of the efforts of Dr. Terrell, won't they? Is he the new, domestic version of the international M. Pouligny?
When can we expect the announcement PR about the first placement of the about to be finished new product(s)? Who will write it and who will sign it?
This company under its various names and leadership has come a lonnnnnnnng way since it decided the scam du jour was going to be built on Diana's concerns about land mines (incredible edible cotton seeds just weren't compelling enough). Now, after a temporary stall to free itself of debt, it's being revitalized by the war on illicit drugs or contaminated hospital solutions.
Oh wow. Let's see how well that works.
Plus ca change.
Have at it, pennstreet. Show me the flaws in this post. Be very very precise and do try to control your LOLs.
Who was it who was such a backer of JB to become CEO of cdex when the company was captainless and adrift?
If I remember right, JB wrote in one of the early BK filings that someone offered him up and he accepted it on a part-time basis at first but soonly realized it was going to require more of his time than that.
If this is close to accurate, who was in effect his sponsor or at least significant backer?
If it's not accurate, how did JB arrive at his lofty cdex position?
WOuldn't they very much be "other parties in interest" - fall into that category? They're hardly just idle bystanders or rubberneckers! (And so they'd have the same rights and constraints/obligations as the creditors and equity security holders?) I'd think so.
If he's nervous about his fee, maybe someone in Lubbock can take care of it. Just a friendly gesture of a friendly sort of guy who wanders through chat rooms using a variety of usernames and schizophrenic writing approaches! I imagine his warm and fuzzy style is what's endeared him to so many contributors to the cause.
So now we wait to see if there are any objections by "creditors, equity security holders and other parties in interest" to the court-accepted disclosure/plan. Objections to it (or approval of it) all have to be in by August 17, 5days before the hearing set for August 24, if I'm reading it right.
Important to remember that court acceptance doesn't mean court approval. (Edit -- I'm mixing up words. The court approved the submission -- ie accepted it -- but there's more to it than that, since all those others get a chance to approve or reject the contents. On Aug 24 is when the court finally issues its statement I assume, about whether or not cdex has a future ... or if it has to go back to the drawing board again.)
Which of the creditors, security holders anad other parties in interest will approve it? Which will object to it? The suspense builds (again).
A bit of a Britainian you are, eh? An expat here in the States? Why aren't you back home enjoying the Olympics your countrymen are hosting?
6-8 weeks away, is it? With no one working on it? You've heard that cdex is in desperate financial straits, haven't you?
Be sure to let us know when you locate a scanner that does what it says on the tin.
maybenever1 -- which 2 "seem" to work? Who (by profession, not name) are the existing users?
That's funny! I wonder who from CDEX or its friends walked around to show and tell?! oops ... forgot ... it was Brumfield himveryownself with his chief sales rep or something, whose ticket he paid for out of his slim wallet.
Maybe so. If they'd been "selected" to be in the Amerinet Niche portfolio, I feel sure it would have been blazoned across the sky and I don't remember seeing it! So no secure buyers there for JB to crow about. I guess Healthtrax's efforts came to nothing. I guess someone looked under the hood and just saw a lot of tinfoil and rubber cement.
If Healthtrax is a partner of cdex, are they sharing in any available monies? Were they on the list of people/organizations owed money?
The usual cdex language ... "a leading developer" ... "our cutting edge technology" ... and this particularly: "CDEX develops, manufactures and globally distributes
products to the healthcare and security markets." Not sells ... distributes (globally, yet! I thought those days ended) products (that don't meet anyone's needs) ... ie gives them away, hoping against hope the jello will stick to some wall somewhere.
Crowe asks a great question ... whatever has happened to Dr. Mott through this debacle?
Soooooooooooooooooo many questions, soooooooooooooooo few answers. And no one will be indicted and prosecuted, I'll bet. That possibility ended a long time ago. Back in 2000 I think it was. Maybe 2001.
Not by a long shot, I'm sure!
But what IS a reverse trade show or whatever it was ?????
Enquiring minds want to know.
And the beet* goes on .... tatatatdum ... (c) Sonny and Cher, I think.
* intentional, as you can't get blood from, and the faithful ones who were conned should KNOW that by now!
A long boring post (tm me)
What is a "reverse trade show?"
"Prior to accepting the position of Chairman and CEO, Mr. Brumfield ... paid for himself and Greg Firmbach, the Company’s President and the manager of all sales activities, to attend a reverse trade show in Florida."
"Dr. Poteet assured him that the Company could produce a device that met the needs of its clientele." Love it! What's held them back til now?
"When Mr. Brumfield accepted the position of CEO the first order of business was to begin research and development for the fourth generation of the ValiMed medication validation unit. For the first time the company had the potential to develop a product that was designed with the end user’s needs in mind."
So much for ELF, then. Admission that it never DID have the end users' needs in mind. I know, I know, the company was LochHarris then, but over time LH was effectively bought lock stock and barrel and renamed, that's all.
4.9 Description of Assets - Values: The major assets of the debtor are its inventory, office and manufacturing equipment, patents and trademarks. Debtor believes the current value of the assets is approximately $373,824.00. Debtor has products in various states of completion with interested prospective purchasers of finished products which will, in the opinion of management of the debtor, allow the debtor to become profitable and increase the value of Debtor’s stock.
And supporting that "opinion" is 4.11 Source of Information: The source of the information presented is the Chief Executive Officer, Jeffrey Brumfield, and Chief Financial Officer, Stephen McCommon. No projections with numbers are included or referenced.
Information regarding the "various states of completion" is ... also not included. Imagine that. All that's noted is "Debtor continues to prepare its products for final testing prior to sale in the market."
Makes it sound as if buyers are chomping at the bit to be the first ones to purchase this latest hot cdex technology. He doesn't say for "potential" or "expected" or even "hoped-for" sale ... just "sale." Maybe Brumfield could disclose how MANY are lined up, checkbooks at the ready. Of course he wouldn't give their names -- confidentialty and competitive advantage and all that -- but saying how many (1-3, 4-7, 8-10. 50-75 etc) wouldn't compromise anything.
4.15 Future Management of the Debtor: The Debtor expects that the current management will continue to manage the business post confirmation. Compensation to be paid as follows: Chief Executive Officer $10,000.00 per month plus housing allowance and normal company benefits and Chief Financial Officer $6,200.00 per month plus normal company benefits.
How 'bout zee CEO take zero reimbursement for the foreseeable? Other CEOs in comparable positions have done so. But no, Mr. Brumfield wants his "stipend" of minimal direct comp and also a housing allowance (how much, Mr. Brumfield?) plus "normal" company benefits (and just what is "normal" in your workforce of three (excluding your good self but counting your son, if I've added right, Mr. Brumfield?)
4.19 Baxa Corporation Monies: Prior to the bankruptcy filing, Baxa Corporation (“Baxa”) intended to fun $200,000 into Debtor’s business as an investment in the equity offering under the Term Sheet and pursuant to the Escrow Agreement ...
Same typo as in earlier version! I bet Baxa IS having some fun watching this play out!
My eyes blurred after reading the above. I assume the same fuzzy, vague language salt and peppers the rest of the submission.
Plus ca change.
"THE DEBTOR HAS A NUMBER OF INQUIRES GOING ON AND ORDERS TO FILL IN THE
NEXT 60 DAYS. IT APPEARS THERE IS POSSIBLY ABOUT $700,000 IN NEW MONEY COMING IN FOR CONFIRMATION,"
No idea what "for confirmation" means, but I don't necessarily read this to mean the $700,000 in new money will be from the "inquiries and orders to fill". Sounds to me as if Roberto of Lubbock fame might have scored again with some additional bigg gambler(s) who actually trust him.
Incroyable.
And can't believe everything's pushed yet again, this time til August.
crowe ... if you and arloco can't quite figure out what's been filed, and what it or they count for, is it any wonder the rest of us (or at least me) has had all the so-called "known" dates confused, when they were given as prospective dates.
Is it that now the court in the person of the Judge is still also trying to sort out what it has or doesn't have, regarding things that were ordered?
... and his "loyalty" changes at the drop of a hat, at a change in the prevailing wind, and then he becomes vicious at his previous heroes. (As IF they care!) And now, since his "audience" with the SEC in LA, he's gone quiet. Most peculiar.
Not.
RS's only loyalty is to the person(s) he believes controls his money and who (he believes) won't sacrifice him the way a couple of others have earlier been sacrificed to the cause.
You're confusing me!
Did he take the job at cdex on contract, and keep his MOTT job???
Kinda like Wade?
I assumed he was full-time* at cdex! OK, I know .. should never assume anything!
*Well ... you know what I mean ... I assumed he was a full time BOARD member, putting all his insight to work to make the company sparkle and shine.
What's happened to Dr. Stevenson formerly of Mott?
“I am pleased to join the Board of CDEX and look forward to working with my fellow directors to realize the full potential of CDEX’s life changing technologies. The company has developed valuable technology that could save thousands of lives every year through prevention of medication errors in the clinical environment. CDEX has a strong technology platform and vast market opportunity in healthcare and security both of which are key components for the future success of the Company. As a practicing pharmacist I recognize the prospects of the company and I will work to ensure that the best interests of shareholders, healthcare providers, and patients are represented on the board,” stated Dr. Stevenson.
“Dr. Stevenson brings additional expertise and credibility that correlates directly with the healthcare and clinical markets we are targeting for our ValiMed systems. His insight and healthcare industry relationships will be crucial to gaining market penetration for our fourth generation of the ValiMed™ Validation System. The ValiMed G4 raises the bar for patient medication safety and pharmaceutical drug loss prevention, providing 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 system to feature multi-component compound detection. The G4 is able to perform non-invasive measures of compounds directly through IV bags, syringes and vials, offering lower risk of contamination with increased workflow. We look forward to working with Dr. Stevenson and the other directors towards the common goal of delivering life changing technologies to our customers and creating value for our shareholders,” stated Jeff Brumfield, CEO and Chairman of CDEX Inc.
... and once again:
scared is the voice of sanity, and (as always) polite.
Wonder if Brumfield the elder would be "polite" if one of the spitbashers (tm you) called him to ask him a few questions about future plans for the company.
Think anyone connected (no matter how peripherally) with the company is reading this board?
I wonder where Robert Stewart's loyalty lies these days ... still with Brumfield and his "progress" resuscitating this just t'riffic and vital company? Or is he deep into cya mode for himself? My guess is the latter.
I have the same curiosity about Wade's current posture.
"But hell...he can always blame SEAN and the CFO for not reminding him of the correct answers."
Doubt he'd throw his son under the bus.* But he could always blame Robert. After all, Robert's been inonit for a really really long time.
*That is ... I think Sean's his son ... isn't he?
crow, do you think brumfield will actually produce all the paperwork he's been asked for and show up for the inquisi ... I mean informal questioning under oath?
Or will he figure out some way to avoid all that ... like he gets a terrific case of measles and his doctor -- Dr. Terrell? -- has insisted he stay in bed in total darkness for a month and not speak or anything for the duration. No cell phone, no visitors, meals brought in on a tray by a trained nurse, that kind of isolation.
And then in the dark of night one moonless night he joins MP in NC, grows a beard, loses just a tonne of weight, and spends the rest of his days a happy recipient of malc's largesse.