I am not doing a lot. I am retired. Doing a bit of share trading and own a bit of real estate.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yep..Sudafex, chewing gum wrappers, cigarette packages, etc, etc, gives off false positives, But mainly because few want to buy it. One can probably get one on sale if willing to search a bit...especially ask around the pizza parlors in the south of Arizona.
Yes, MP has some pull, fersure. He is still really in charge...but not publically. He smells trouble coming, trouble that he does not need.
Probably just "CHRISTIAN" Lawyerly overly-cautious. I don't think that cdex is big enough to attract the FEDs interest. Just a small breeze in the fabric of the tornadoes blowing.
Note that I have taken to using small letters for cdex. I believe it is KAPUT.
Actually, RYLES, who likes neither MP nor JB, objected to appt of that ATTY.. on the basis of "conflict of interest..." because he had represented RYLES, et al in their lawsuit arbitration for back wages.
Probably knew overmuch for RYLES comfort. The JUDGE confirmed over the RYLES protest.... and ordered the lawyer to proceed representing cdex... but that lawyer later got the Judges permission to withdraw.
Ryles, I believe, knowing the true worth of the shares he was gonna get
for his hard won money, wanted to upset everones wheelbarrow, and force Chap 7. He became quite unpopular with all present including the JUDGE.
Actually he was right, but had no money to carry on his fight.
https://plus.google.com/110648183349685752909/about?gl=us&hl=en
Go to this website and read it.
Better yet, go here.
http://www.neighborhoodchristianlawyer.com/Profiles/Robert-E-Fee-Law-Offices/Tucson.aspx
Yeah, as I recall, the MYTH gun started out as able to detect a METH factory from a block away.
Finally, it dwindled down to having to plot out a small space on a wall, and then swabbing that space with alcohol, then transfer the swab to a
glass plate and scanning that, hoping that the SUDAFED vapors have not dissipated.
Just as well, because no Judge would give up a search warrant on the basis of that one block thing, or accept as evidence the swabbing.
Besides any Cop worth his meager pay would already KNOW where the METH houses are. Knowing and getting a Warrant is two different things.
Eric Slocum Sparks
Arizona State Bar No. 11726
LAW OFFICES OF ERIC SLOCUM SPARKS, P.C.
110 South Church Avenue #2270
Tucson, Arizona 85701
Telephone (520) 623-8330
Facsimile (520) 623-9157
eric@ericslocumsparkspc.com
Attorney for Debtors
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF ARIZONA
In re: ))
CDEX INC, ) Case No. 4:12-bk-02402-JMM
)))
(Chapter 11)
)
Debtor. ) APPLICATION FOR AUTHORITY TO
) EMPLOY ROBERT E. FEE
) AS SPECIAL COUNSEL FOR DEBTOR
)
The Debtor hereby applies to this Court for authority to employ Robert E. Fee as special counsel
for the Debtor. In support of this Application, the Debtor alleges as follows:
1. This case was commenced by the filing of a voluntary petition under Chapter 11 of the
United States Bankruptcy Code on February 10, 2012.
2. This Application is made pursuant to the provisions of 11 U.S.C. Sections 327 and 329
and Rules 2014 and 2016(b) of the Bankruptcy Rules of Procedure.
3. The Debtor has the current status of debtor-in-possession pursuant to Sections 1107 and
1108 of the Bankruptcy Code.
4. Debtor believes that the assistance of special counsel is needed.
5. The scope of the representation of special counsel shall include drafting and negotiating
contracts and agreements between the debtor and third parties, including but not limited
to the following: purchase agreements for hardware, software, supplies and technical
services; dealer agreements, sales and commission agreements involved in the marketing
and sales of CDEX products and services; independent contractor sales and marketing
agreements; employment agreements for CDEX personnel; equipment agreements for
Case 4:12-bk-02402-JMM Doc 55 Filed 04/19/12 Entered 04/19/12 15:23:23 Desc
Main Document Page 1 of 2
the specific use and warranty disclosures on the various CDEX products.
6. The debtor believes that Robert E. Fee is qualified to act as special counsel pursuant to
Bankruptcy code § 327(e) and based upon its practice and experience in these practice
areas.
7. Robert E. Fee is willing to undertake this representation on the basis as set forth in the
engagement letter attached hereto as Exhibit “A”.
8. The debtor seeks the retention of Robert E. Fee to act as special counsel for Debtor in
connection with the aforementioned services, with compensation for services rendered
on behalf of Debtor to be determined and paid in accordance with 11 U.S.C.§§ 328,330
and 331.
WHEREFORE, the Debtor requests that this Court approve the application to retain Robert E.
Fee as special counsel for Debtor.
DATED: April 19, 2012.
LAW OFFICES OF
ERIC SLOCUM SPARKS, P.C.
/s/ Sparks AZBAR #11726
Eric Slocum Sparks
Attorney for Debtor
Case
Very good and most likely accurate analysis.
That 50K "deposit" paid in by the Med director went to good use. Got him appted med director and on the BOD. And as you said, paid up front retainer for the BK Lawyer well before the BK was announced.
The "CHRISTIAN" Lawyer hired to handle the day to day legal work for cdex
could have also ran the BK. Especially since there was no day to day work
going on. They list BK as one of their business offers. Since trust amongst theives is normally very small, I think that this Lawyers role was to look out for the interests of MP, perhaps GEMINI et al. I am suspicious of anyone, especially LAWYERS who brag about being "CHRISTIAN". Example, MP himself. SOMEBODY forced JB to hire this Lawyer, with the Courts permission.
The LUBBOCK/PEMCO LLC bunch had already been stuck with the ONCOLOGY Boolsheet and as you said, got a big glob of shares. For what purpose/reason is still obscure, to me, at least. Rent to own strong possibility, of course.
None of the creditors had anything to lose by going along with the CHAP 11. MPs protest was pro forma, and served to provide the excuse to trigger the BK, put him on record as opposing what was going down..and adding to his ability to sleep well over in the Eastern Shores.
Not my fault that the cdex analysis as told by the "BASHERS" are INFINITELY the more credible.
It happens that the SPECIAL COUNSEL styles his office as "CHRISTIAN LAWYERS"..
Which brings to mind MP and his LLC..."IAM" which BTW was by far the largest unsecured creditor. 210K dollars +..
Since the SPECIAL COUNSEL did NONE of the things he was supposedly hired for.... it seems likely that his real role was to keep an eye on MPs interests.
Of course they were "Built"...several years ago.LOL!!
Here is what the CEO and his lawyers told the court on Apr 5 way last year. He had asked the court for money as debtor in possession to get the G4s ... nearly ready .... on out the door.
JB never got more than a half-lukewarm welcome by the TRUE LONGERS..
And some watchful waiting. So far he has produced nothing. Said to have sold some V3s outa storage to the middle east. Which V3s BTW he unlawfully concealed as assets to the BK court. Which a TOUT or two claimed that he had BUILT, pulling off a miracle without adding any employees. LOL!!
Which the BK court if they gave a damn could have jailed him. Concealing assets from a BK court is supposed to be a federal offense.
Claims to be building the Valimed 4 but which after over two years has resulted in ZILCH.
So the TRUE LONGS no longer believe at all as evidenced by continued silence.
THE CAP'N DID FIND AND and posted an article re the MYTH GUN in which they called it a RADAR GUN!! LOL!!
Did the SHAREHOLDERS select JB?? Much more likely that MP selected him.
In the very unlikely event that the FEDS will finally take an interest in CDEX, he needed a believable GOAT to blame. None better than JB!! He comes with an already unsavorable reputation!!
What I think, and what Cisco knows and what you speil about (totally unlikely that you are a disinterested and obective person) is relevant to the real problems. Which are no products that will sell enough to pack a gnats behind, much less provide the burn rate... Even if that Genius putative CEO of yours is keeping the burn rate low by doing nothing and hiring no help to do it.
That CDEX is running low on money is apparent.
The first I heard of JB is when he pulled off the LOAN SHARK deal with GRIFFIN.. and wound up with a big pile of CDEX shares. Which he hocked to another fellow over in CA with no intention of handing them over after he defaulted and was forced to do a chap 7. And then voted those shares after the CA Trustee had already taken possession. His evidence of possession?? A fake stock cert signed by none other than his real boss... MP.
REMEMBER... BK FILINGS ARE PUBLIC INFORMATION.
Then CLOSER hinted that a cat with money was after taking the CEO spot.
And CISCO predicted what would happen after MP moved off to NC and and quit being the DE JURE CEO and became the DE FACTO CEO. Not the first time he pulled THAT off.
The proof is in the PUDDIN.. SO LETS SEE JB DELIVER... THEN WE CAN ALL BRAG ON HIM.
The facts are as I said. Your reaction only proves it. MP IS IN CHARGE.
Making the bid/ask with only a one cent spread was a clever move by somebody. Whomever it is that has been controlling the MM.
Now impossible to differentiate between a sell and a buy. Not that the volume will generate anything anyway.
Good work, CDEX!!
MP had the credentials to fool such as BAXA and even get a LOAN SHARK LIKE PIPE LOAN.
JBs rep??? LOL!!!
The idea is for some fools to read that monstrosity and think "BOY HOWDY. CDEX MUST have a breakthrough coming!! The CEO now has a large reason to get the ball rolling. We better buy some shares while they is cheap".
But some elementary DD would show that CDEX does not have enough money to do any kind of a breakthrough marketing even if the stuff they have to sell would sell.
And on a scale of 100, CDEX credibility rates a minus 99.9.
And the CEOs fame is based more on LOAN SHARKING and BK then anything else. He even made a stab at stiffing the TRUSTEE in the latest BK.
They would almost need a co-signer to pay cash.
So after the PEMCO/LUBBOCK money is gone, JB will have small chance of drawing any salary...and no chance at all of drawing any performance bonuses.
WHAT A JOKE!! JB would get a larger salary and other BENE stuff if CDEX got successful!!!
THE BOD VOTED IT!!
SMALL PROBEM THOUGH...CDEX has got to deliver. TUT TUT!! Always a dang fly in the ointment.
Put yourself in MPs shoes. CDEX was bound to go bankrupt. They had no money, and were deeply in debt. He owned a glob of shares..which were worthless. The LUBBOCK/PEMCO LLC bunch were willing to forward some operating money but only if all the existing creditors were disposed with.
WHY WOULD THEY GIVE CDEX MONEY KNOWING THAT THE CREDITORS WOULD SUE FOR PAYMENT AS SOON AS THEY LEARNED THAT MONEY WAS AVAILABLE??
The only choices were like in a crap game... 7 or 11. 11 was possible only if the court would allow it, and the creditors agreed to accept paid shares in the future, which JB assured the court that the WONDER MACHINE, the IG4, would provide the future.
BANKRUPTCY was inevitable and MP, whose name was already mud amongst shareholders either agreed or decided to go ahead and demand payment. He was joined by two others, either unwilling to accept possible shares in the uncertain future, or were in on the plan. NONE HAD ANYTHING TO LOSE. It WAS ALREADY GONE. This assured that BK would happen, since CDEX could not pay up.
So here CDEX is, money dwindling away, nothing really going on, and looking over towards LUBBOCK, awaiting the next move. BUT TO REITERATE..W/O the BANKRUPTCY, CDEX WOULD HAVE NO MONEY and the court would have forced them to 7.
SO MP THE OLD SAVIOUR, SAVED THEM AGAIN...But NOTHING IS FOREVER.
The new BK Judge agreed to close out the BK 11 thingy. CDEX had to cough up 12.6 K bucks for the Trustee Lady first. Evidently, JB tried to first sneak it by her w/o paying up, but she filed an objection.
Some, but not all of the creditors have gotten their shares.
Above INFO thanks to ARLOCO.
I E-MAILED the usual people with the PDF files.
JB and them can now come out and play. We shall see what game,and which toy.
Reminds me of "MOONEY MATH" which another CDEX PP BIRD_DOG used to use.
Seems he had the CA territory and RS the Texas territory. Fit in with the insurance and other advice bidnesses that they operated. Wealthy Clients advised to buy CDEX PP shares, instead of ORDINARY shares.
More PRESTIGE that way...not to mention exclusive.
Yep. Mosta the cost of selling shares is in the promotion of them. They cost very little in and of themselves. Just apply to the Nevada SOS, pay a small fee, jump through a minor legal loop or two and presto.
Once you go through the also minor cost of incorporating. You can get a Lawyer to do that for you, or get a doit yerseff kit offa the internet.
Use your dog, cat and pet chicken as members of the BOD..as good as any since the BODs do nothing anyway.Invent a good BIO for them.
Go pink sheet to start with and avoid the SEC.
Think up a good sounding product. Lie and promote. Call up Tomsheboy if you need guidance. Line up some TOUTs to help promote.
That is how CDEX done it..way back when.
The only safe view is it is a rip off until proven otherwise.
Risking long term trades in penny stocks is a losing proposition.
DOUBLY true in the case of CDEX.
JUST WAIT TILL NEXT YEAR was the song of one TOUT. TOUTs are a very valuable resource for SCAMSTERS. CDEX ain't got any...not anymore.
So they have NO, repeat NO, PP sales.
Seems that few care enough to comment one way or another re CDEX...
A CEO must not be flexible. Cannot use many damn Maybes and NO, I SAY NO...IMOs. Gotta disguise them thangs with POSITIVE statements. Like "expect many", and "Contractural" sales.
Arguably correct, CAP'N.
What is not arguable is that LOCH shares bought and held up until now will never be the enrichment of anyone.
Ditto any shares bought now for a long time hold.
MP learned to hustle money with his Mothers milk. Painting a picture of saving the heathens by spreading the WORD.
MP painted a pretty picture of the capabilities of the TECH.
That the word picture was built on outrageous lies was a thing that did not bother him much. That the word picture resulted in money was the only thing of importance for him. So long as there was enough truth in there to keep him outa jail and allow him to claim to have TRIED to deliver. Unlike the LOCH boys, who made their pile over a short time back in 2000, he took the slow and Lawyerly cautious longer term route. Which eventually ran out of much credibility.
JB is operating with the dregs of CDEX. Trying to sell what has already proven to be non-salable. Getting dribs and dabs of income. Yanking V3s outa storage and allowing people to claim that he BUILT them..though he did not straight out make that claim himself. He just said that they were "COMPLETED" and shipped.
MP is an EXPERT at shifting blame...first on the LOCH BOYOS..and then on GRIFFIN..and his PUPPET CEOS. Including JB. JB may the most troublesome one of his PUPPETS, though. GRIFFIN and the others did not give him much lip.
All that is straight on, Jen. But don't forget, MP hustled BAXA into buying all of the VALIMEDS..25 of them. Griffin took the blame for that and the loan shark loan of a couple weeks operating money from JB.
A POX on both their houses, I say. BTW, a personal Q, JEN..how many PPs have you bought from JB??? ZERO, I would guess...w/o much fear of being wrong.
Well, MP graduated from the POINT..wunna MacAthurs LONG GREY LINE. His fokes wuz missionaries and he got the religion early on. Had to learn how to hustle the congregations for operating money. Went to schule in DC and got to be a buzzhaired lawyer and afore that wuz a chest-poundin green beret or special forces sumpin. Jumped outa airplanes and alla that macho stuff.
JB on the other hand was a loan chark and a hustler out in CA..sellin realestate and living high on the hog. operated a mens store for awhile, too. Went busted at least twice..and Bankruptured. High living without enough money of his own to live high with.
MP is slender and pretty, plays golf to stay in shape. JB is what one would call El Gordo if one was a Mex..got him a paunch and all that stuff. MP can out-lie him two to one, which is why JB takes lying lessons from him from the CDEX corporate office over in Maryland, probably.
If CDEX ever makes the FEDS pist enough to crack doon, MP has set up JB to take the fall. Lying to the BK court is a good start on that... Maybe. Point is, MP had credentials to get the money men to buy PP shares. JB has credentials to scare them off.
So whatin heck does the PEMCO.LLC/LUBBOCK GROUP need him for??
IS THAT WHY CDEX IS POINTEDLY SILENT ABOUT THE AFTERMATH OF THE SHM???
1
Well, he has done a pretty fair on job on the PEMCO,LLC/LUBBOCK group and their Buds..first sold them a non-existant distributorship re ONCOLOGY then got them to take passel of shares in lieu of money.
Then pledged the company itself to that same bunch in exchange for operating money...raised his own salary, hired his son, paid himself a bonus, got some consultations going to pay off WADE and some more people..and now (SOB) money is getting short again..
Sold some scrap to the Kuwaitis..some more on the internet, and getting a dribble from here and there. YOU PEMCO,INC/LUBBOCK BOYS?? GOT ANYMORE MONEY TO SPARE??
But he has not been successful like was MP in selling PP shares and borryin money from the PIPE bunch.
As far as we know, the SHM never actually occured, just pulled some numbers out of their hat for the voting.
I would not doubt it. The count if any was not audited. Apparently, there were no non-INONIT attendees. PRIMA FACIE, the SHM and vote resulted in Status Quo. But the silence of the company except for some BS posts here, makes me think that more had to have went down. Stuff they do not want known. YET.
Or they told JB to quit wasting money on PRs. MP is most likely still in charge. Otherwise, why would there still be corporate offices in MARYLAND?
If he goes to Ga or Fl I hope he stays outa the pristine waters..ocean, creek or river. I fear that he would pollute them.
Since he and MP share office space in Maryland, CDEX is bound to be in great hands...right?? An engineer, Preacher and Lawyer person all in one must give very valuable advice to his uneducated shoe-shine boy... uneducated but with native cunning.
Getting to be an expert on BK. Wonder if has ever had a chap 13??
He needs to do one to round out his BK education.
They are keeping what happened at the SH meetng as obscure as possible. How the vote went is about all that can be found.
Which went as you predicted. Not close, the only one with much opposition was the exec compensation package.
But SOMETHING at least mildly traumatic apparently occurred. Otherwise, there would be a WOW PR to buck up the troops, and try and trigger a spate of PP buying. Has not happened.
I do note that the address of the office reported to the SEC is over in MARYLAND, not in TUCSON. Right doon the hallway to MP's OFFICE.
PEMCO.LLC apparently decided not to become a factor just yet. They did file papers showing that the group that they represent owns a passel of shares, for some reason. Not required by the SEC.. unless there was a purpose.. like take over. But they did not carry through.