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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The Q3 report further confirms it.
Also in there is confirmation that there was once thought of using the IG4 for the company Docs medical testing Bidness. Blood, pee and sweat testing for whatever.
That idea has without much doubt, been abandoned. As evidenced by the lack so far of further financial gifts from the OIL patch. An imaginary doo-hickey won't hack it.
I have suspected that for several months. Thanks for the confirmation.
Mostly the significant ones are LOLLYGAGGING around trying to find a new scam somewhere.
The is nothing to do at the minilab except wait for the money to run out.
CDEX is very KAPUT.
I follow your reasoning. CROW once lied, maybe. ERGO CDEX has always told the truth, and deserve to have the trust of all, and their shares selling like gangbusters.
MAKES SENSE!! LOL!!
I rely greatly on precedent. Liar once, liar always. If lies were ballast, CDEX has generated enough to sink the royal navy.
So Kuwait actually paid for the junkroom leftovers, huh?? OK!!
So now what??
Nothing to sell means nothing to sell. DUH?? D'ye reckon they can sell another load of hot air in the form of a sure 7 year itch detection system distributorship, for example??
No IG4s fer sure. But maybe them Oil Patch boys would buy another IMAGINARY DISTRIBUTERSHIP in Sumpin another. Hot air is very cheap to produce. Profit dang nigh 100 percent!!!
I agree. Nevah Hoppened. JB thunk to AROUSE SOME DRUM-BEATS
Amongst the erstwhile suckers, set off some frantic share buying and attract some PP buyers.
That NEVAH HOPPENED either.
The erstwhile suckers and LONGS become deeply suspicious of any and all things cdex by then. Suckers nae muir!!
I don't think that they will EVER sell EVEN ONE G-4.Nor rent one out, either.
Nope, not correct, CROWE!! A report for the quarter ending July 31 is due Sept 15. Bad on me!!!
IF that happens, then the company could be legally silent for only 4 1/2 months. Still enough time to just let it quietly croak on out.
WILL THAT HAPPEN...Still a W&S situation.
W&S=wait and see in CROWE SPEAK. Much like "expect" means "NEVER
HAPPEN" in cdex/MALC/JB speak.
My understanding is that the company will owe no more periodic SEC reports until the annual report is due. Fiscal year ends Oct 31. 90 days after that. So they can legally remain silent until Feb 2014.
If all that is true, it could be that no word of any kind will be forthcoming over the next 5 months. Unless a reportable event occurs. Such as a significant change in ownership, resignation of a significant officer, appointment of a significant officer etc.
Got a rather late start on that one, CAP...Concidental with running outa change. Dang Thang is not going to work any better and most likely not as good as V-1 Or V-2.
September is nearly here.
JB left his heart in RAMONA, and it is there he shall most likely return if not there already. cdex Got only a wee a bit of money left, for his and Sonny Boys salary. Gotta look about and catch sumpin else crooked that he can go inta and use for grits and greens.. a bit of ham hock thrown in noo and agin.
Maybe drift over to LUBBOCK or AMARILLO and test the waters. Only place that he has friends left. They are kind to old Scamsters doon on his luck over in that oil patch. Prolly got some uses for his talents.
Weather is generally bad aroon there, though.
Two things the Gude CAP says that I doubt.
One. Never sold a share of cdex.
Which means either he has never bought one in the first place, which I can believe, or is stupid, which I DO NOT believe.
There is a list of shareowners filed with the BK. Could be though that he bought a share or two in street name. But I doubt that too. For the same reason. he is far from stupid.
TWO. He files his stuff as a service to the many shareholders, with which he is simpatico.
His posts were once held in high regard by the shareholders. They bought on his word. I doubt that those same shareholders still feel the same.
WOW!!
Safest to just consider the source, cdex management.
Safer yet to assume that any information coming from cdex management are at best "puffing statements" which are sanctioned by the courts, or at worst straight damnable lies. Period. Which are NOT sanctioned by any courts, but historically are all too often the MAJOR characteristic of cdex claims and declarations..
Or to put it "country boy" plain, I would not believe a dang thang they say. They are lying sunsabiches.
Ah yes, the myth Gun. Capable of locating meth houses a block away at first. But then either the meth makers got more clever or the MYTH gun got weaker.
Finally shrank to having to lay out and mark off a small are on a wall, swab it with alky, transfer to a glass and then point the gun at the result.
Glad the egg survived. Wade is lookin good!! Almost looks honest??
cdex is fortunate indeed having a scientist with the capability of balancing an egg on his thumb.
The shareholders are responsible for their own actions, in buying into the SCAM despite clear warnings from the BASHERS (SPITY) and the history of LOCH/cdex.
But the SCAMSTERS cannot escape blame any more than a Rapist or a Mugger can escape blame for foul deeds done on people that have wandered into areas where they should have sense enough to stay away from.
Ah yeas, and what of ontheedhge?? He went bonkers over JB, cussed the day he ever met MP and then somehow or other became the de facto and possibly the DE JURE spokesman for whatever is left of
cdex.
And dwells happily?? out in the oil patch where it is rumoured that outa space aliens hae come and bought out some desert. Nae doot with a few dry holes.
Them aliens oughta be weel content out there nae sae far from that canyon where the COMANCHE once ruled the roost. Some may be even playing football for Texas Tech.
Maybe it is them outa space aliens that are gonna put up the wherewithal to save cdex for a wee while more. Maybe get SCOTTY, up in the spaceship to beam them doon the money.
Take away the history of cdex and the large disclaimer at the bottom, and it makes a quite persuasive pitch. The shareholders were quite sure that MP and them had saved them from a life of poverty and the poorhouse. Baxa would sell them thangs, and the damn SPIT BASHERS would eat CROW. (REAL CROW. CAW CAW.)
cdex was well over a buck a pop back then, and appeared to be heading higher. Tomsheboy (TB) posting as DUBYA in honor of the then President of the USA, was gleefully posting each days trading, and blaming the MMs on losing days. Fighting with LMOROVAN, forum monitor, when LMOROVAN deleted some of his posts and the some posts of Ontheedge.
Undaunted by the failure of VALIMED, cdex pushed ahead with the Myth Gun and came out with Valimed in different boxes, version 2 and version 3. V3 was maybe the most successful of any, and JB finally sold the remainder of them outa the junk room to Kuwait.
So now it is the IG4 or nothing. I vote nothing.
LMOROVAN, BTW, was later ousted from IHUB for unrelated reasons.
DUBYA (TB) went away with the expiring of the SOL and got in trouble with the IRS, losing his purple mansion near BOCA RATON in the process. Seems the press of bidness got to him and he slap fergits to file some returns. Prolly the fault of some MMs, somewhere. LOL!
The cdex SAGA, considerably watered doon, continues. How much longer can the funeral be postponed?? It is a W&S condition, as usual.
HARK BACK.....NOV 2005
CDEX and Baxa Sign Distribution Agreement
ROCKVILLE, Md.--(BUSINESS WIRE)--Nov. 10, 2005--CDEX Inc. (OTCBB:CEXI), developer of the ValiMed(TM) Medication Validation System and other innovative substance detection and verification systems, announces a strategic distribution agreement with Baxa Corporation, a leader in developing systems for preparing, handling, packaging, and administering liquid medications. Baxa will be the exclusive distributor of the CDEX ValiMed System for healthcare organizations in the United States and Canada.
The ValiMed System offers clinicians a simple and cost-effective tool to ensure medication safety by verifying that medications are correctly compounded. Its patent-pending technology identifies the medication and strengths to validate compounded doses of high risk medications prior to dispensing. The ValiMed device verifies medications in seconds and provides an added level of safety in the medication dispensing process. The ValiMed System also validates narcotic returns.
“The ValiMed System fits with Baxa Corporation's mission to offer our customers innovative fluid medication devices that improve operations and increase medication safety. ValiMed is a great addition to our product line”
.
"The ValiMed sales required under the Baxa contract, coupled with existing sales and rentals, will solidify the CDEX presence in the medical market and more completely validate our technology for other markets," said Malcolm Philips, CDEX CEO and Chairman. "With Baxa's award-winning customer service and sales teams, we have moved toward that goal in the medical marketplace."
The agreement calls for purchase of a fixed number of ValiMed units by Baxa for two years, as well as goals that must be met in order to maintain the Baxa exclusive distribution rights.
"The ValiMed System fits with Baxa Corporation's mission to offer our customers innovative fluid medication devices that improve operations and increase medication safety. ValiMed is a great addition to our product line," said Greg Baldwin, Baxa Chairman and CEO.
CDEX's mission is to develop innovative technologies that assist in solving real world problems, then work with industry leaders to bring those products to market. For more than 30 years, Baxa Corporation has focused on developing systems and devices that streamline pharmacy operations, enhancing patient safety and improving efficiency.
About Baxa Corporation
Celebrating 30 years of business in 2005, Baxa Corporation is a Denver-based manufacturer of medical devices and systems for preparing, handling, packaging, and administering liquid medications. The company manufactures and markets a wide range of healthcare products for use in hospitals, critical care units and alternative-site pharmacies. Privately held, Baxa Corporation has subsidiaries and offices in Canada, the United Kingdom and Denmark, and distribution partners worldwide. Further information is available at www.baxa.com.
About CDEX Inc.
CDEX Inc. is a technology development company with a current focus on developing and marketing products using chemical detection and validation technologies. At present, CDEX is devoting its resources to two distinct areas: (i) identification of substances of concern (e.g., explosives and illegal drugs); and (ii) validation of substances for anti-counterfeiting, brand protection and quality assurance (e.g., validation of prescription medication; detection of counterfeit or sub-par products for brand protection; and quality assurance inspection of materials). 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.
Contacts
CDEX Inc., Rockville
Brad Wills, 301-346-7398
bwills@wills-pr.com
Been reading back during 2005 when cdex and BAXA signed the distribution agreement and the exuberance that it stirred up amongst the Shareholders.
LMOROVAN was the board monitor back then, and him, me Diddy and Rotten Apple were leading the cautions to the board, and TB, posting as both BUZZZZy and DUBYA were pushing the exuberance cart. ONTHEEDGE who sounded a lot lot like STREETIE, for some reason, joined in. but he mostly bashed the bashers.
It is quite entertaining but also tragic. BAXA SOON HAD CAUSE TO REGRET their investment.. But back then I opined that they might have just been spending the petty cash to find out if cdex had anything worth messing with that they could take over and manufacture for themselves.
Turned out that they sold maybe 4 in total at a BIG DISCOUNT, and 3 of those were sent back by a Houston hospital complex because they did not come near to living up to the HYPE.
Now cdex is pushing the IG4, but w/o a big money outfit like BAXA was at the time, backing them.
I cannot bleeve that they will even get outa the starting gate.
cdex is finally KAPUT. Unless somebody will take pity on them and give them money. BIG money.
Probably true of most everything else in that patent application.
cdex through their various spokespersons have been known to pretend to be worried about somebody swiping their ideas. I say what they're really worried about is somebody realizing that cdex is infringing on their patent.
Already happened once. cdex had to pay some royalties.
Maybe would have been more of that if the stuff they pushed as product had sold bigger.
cdex Valimeds as boat anchors?? LOL!! I woulda thunk doorstop and packrat nests.
But that anchor idea opens up new possibilities for cdex!!
HIGH TECH BOAT ANCHORS!!. And the LEADING MANUFACTURER!! Goodness yes!!
One can IMAGINE much money to be made offa that
Sell em on the Internet.. Along with the otra stuff
11
22
At least malc had an engineering degree. From the Point. Did not make him any less a crook, but did not detract from whatever patent application his name appeared.
So far as BIOs are concerned, JB shows no technical experience. Only loan sharking, borrowing on false collateral and becoming an expert at BK. Ran a clothing store and real estate ventures.
Not one to live low on the hog.
Somehow became the darling of the OIL PATCH GANG. That one would probably be quite a story if it was told.
cdex was fortunate indeed to get such a sterling character as putative CEO. Fitting indeed.
Even further, adding a non-tech name to the patent application is nothing short of ridiculous.
JB is not a scientist.
They no doubt would need a CRAY SUPER-COMPUTER and input all possible variables to get an answer. Even then any answers would not be un-ambiguous. A range of answers to choose from. Further technology advances as time goes on renders older technology passé rather quickly.
Actually, there is no market to speak of for a machine that would do everything outlined in the patent application. Most Pharmacies are well ran enterprises. Most errors are still with the hospital floor staff. Docs, Nurses, orderlies. etc.
Education and training is the long term answer, as always. A sleepy overworked under-trained nurse is a worse problem than can be fixed by adding yet another complexity to their routines., such as the VALIMED G-4.
They're (cdex) several years behind and at least 100 millon dollars short on what it would take to market such a machine, in a niche market. Not enough return in it to justify the expense..
Their Technology is old and outdated. Sorry, cdex. But hot air still sells shares. Which is the point. In the case of cdex, though, they done dropped a bucket in that hot air well too many times. Not many believe them.
But I did nitpick one thing that may be a hint of what the OIL PATCH boys may be looking for. They claim G4 to be able to do blood, urine and other bodily fluid tests. That fits in to the GUDE DOCS
Testing lab Bidness.
OH YEAH...it seems that they slap forgot to include a set of scales to measure weight in the original design!! Usin them scales, they can guess at what size the bag is, and if its got any lead or gold in it. BRILLIANT!!
Throw a drip bag inta a tin box. Hit it with a laser. Then after the afterglow dies, then hit with a UV signal. Wait till that afterglow dies, then do a RAMAN on it.
Somewhere along in there IF the bag is standard size, and If it don't have anything in there that the machine cannot guess at, it can tell you a sight of stuff you already know.
Yeah, all them target markets will be sitting on pins and needles, ready to load a sight of money on cdex.
If only cdex had the money to build the thang!!! And make it work.
But that ain't the real plan. Guess what it is that they really want to sell?? HINT; cdex is a sharesellin SCAM.
The GUDE CAP'n tells us of marvelous things that cdex EXPECTS to do IF they can ever sell or rent out any.
And then a few EXPECTATIONs Of his own, IF he is ever to TRULY BELIEVE.
AGREED CAP'N. CDEX ain't yet proven a dang thang. Not related to any product, anyhow. Sold a damn sight of hot air, though.
A profound statement of a profound statement of Profundity.
A hall of mirrors, with reflections reaching to infinity. Reflections of reflections of reflections.
Imagine an imaginary object. IG4 for example. One can imagine an infinite thousands of them out there, located in an infinity of imaginary locations, doing an infinity of imaginary things, while JB waves the baton, and Wade frambs the drums.
cdex has long sold imaginary doo hickeys.
But this one will NEVER SELL.
Can't win if you don't play...right, JOHN??
That one has ran two P&D already.
Been a long time since cdex had the mustard to run a P&D.
Maybe JOHN RAINBARREL did not buy at either peak??
Prolly did, though.
T'WUD be no susprize to find him over in LUBBOCK area, heppin the GUDE DOC and them do the dry holes and otra real estate ventures oot on the Staked Plains.
cdex is one dry hole w/o any perceptible promise. It is nothing but a bust.IG4 notwithstanding.
The Great Expector hath ranned inta a brick wall.
What good are expectations if nobody bleeves?? Even the sale of leftover V3s generated no, none, nary a bit, of excitement.
Only the CAP'N seemed to bite.. and has now spit it out. Went silent. And of course the Indomitable JOHN. yells doon the rainbarrell noo and agin and gets no echoes.
Even Streetie(s) has largely fallen silent.
The LONGS have mostly not yet figgered oot the new format on that forum, and most do not care enuff to even try. And most avoid this forum like the plague.
It is BLAH BLAH SAD SAD everywhichaway pore JB turns.
Ain't sellin anything any more.
With Real Estate picking back up, one would expect that cdex being the dry hole it is, that the great savior of cdex is seeking other ponds to fish in.
That is true. JB needs at least another million. But STREETIE says that the OIL PATCH BOYOS may be good for up to a couple million mo.
As for me, I would contribute an old English ha'penny, no longer used for currency in the UK.
All cdex needs to do is pay postage and handling and I will try and find them one. LOL!!
Good but the meter is slightly off. Try "Where have all the LONG LONGS GONE?" Or maybe "where have all the TRUE LONGS GONE".
You are right. The SCAMSTERS cheated them dry.
But what does the SCAMSTERS say about all that??.............;
"They shouda known better than to put so many eggs in a penny stock basket. Too bad for them. "
The cdex scamsters ar not in the least sorry for all of those that put their trust in the loch/cdex management words and paid a lot of money for the shares.
Praying that the moon is made of green cheese to feed the world would work just as good as praying for MR. LOAN SHARK/BK,BK,Bk to save cdex.
If there was money enough he could run an advertising campaign but to advertise what?? The IG4?? More like to catch suckers wanting in on the "ground floor" and ready to believe most anything. Pie falling from the sky.
So he advertises on the cheap. Using SOCIAL NETWORKS!!
A nice fellow? all scamsters make nice when they are trying to sell you something. Listening to them make nice is when they are dangerous to your wallet/bank account.
Well, this fellow is terribly hard to dupe. And so are the other LONG TIME shareholders. Been no loose talk about averaging down that I have seen recently, though.
This fellow been reading the wrong forum, or what??
Seems a bit clueless. Or maybe just kidding a bit??