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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I do not believe ANY press releases coming from CDEX. NONE whatsoever.
Period. NADA, Zilch.
When they take the restrictions offa alla them shares that were used to pay
off all the debtors..There could be a massive dump.
As I vaguely recall the V3 was to sell at 25 K each.
Since CDEX claims that they got 199 K for the ten There was some rather heavy discounting going on.
Not surprising because they were pulled outa storage somewhere because they never sold any in the U.S........... Blew the dust off, painted over boo boos and turned them on to see if they still worked, packed the suckers up and shipped them off.
If they really did sell some, that is. Assume that they did, I wonder who had to pay for packing and shipment?? LOL!!
CDEX claims no responsibility nor intent to provide follow up info for forward looking statements.
Is something like this what one will hear at the SH meeting??
Throughout the year our dedicated staff continued to prepare the ValiMed G4 platform for industry rollout.
Our team was confident we would emerge from bankruptcy and continued to develop new opportunities for our technology.
We secured a large order for our third generation ValiMed, which we expect will bring us well over $400,000 dollars by the end of the second quarter of calendar year 2013. This order should also bring a steady recurring revenue stream from continued cuvette sales as the units are utilized.
The interest and demand for our ValiMed G4 system has been very good. We expect our first unit placements in the first quarter of calendar year 2013 and are expecting multiple placements per quarter going forward. We also continue to see demand in the ID2 Meth Scanner business driven by the adoption of the technology into the prisons and jails systems and the growing awareness of the various housing authorities and home inspectors around the country. Due to budget constraints in law enforcement, we do not expect significant sales in the Pocket ID2, although we continue to get feedback from authorities indicating that it is something that law enforcement would like to have in their arsenals. As budgets improve we expect additional sales to follow.
Only one statement is NOT forward looking. The rest are at best, Vague.
Once such as JB were called PSEUDO execs. But that ilk has become so commonplace that they are now called just crooks and INONITs.
Almost all INTERNET SCAMS are ran by such as JB. CDEX is not much different from the hundreds or thousands of others. Silky tongues. Lying sumbiches.
But CDEX was born of LOCH, one of the first INTERNET scams...and still in existance. Most SCAMS are relatively short lived.
"Over 30 years business development experience founding and operating multiple businesses in several industries including: real-estate development, mortgage brokerage business, commercial and residential construction and retail merchandise. (meaningless)" ALL HAVE FAILED!!Not exactly a solid recommendation!!
Investor in CDEX since 2004 and one of the largest single shareholders. (meaningless)EITHER SHOWS THAT HE IS STUPID or else an INONIT,
Avid philanthropist and supporter of the Boys and Girls Club of America (meaningless)GOTTA TRY TO PLAY GOOD FELLOW to help convince people that he is a FINE FELLER!! WORTHY OF TRUST!! And get his hands in their wallets.
Yeah, got tired of seeing him brag about a trivial thing. But so sorry that I went and disillusioned him, pore feller.
MORE BETTER if CDEX sold some product. Anybody know of anyone in the market for a V-1??? Make fine doorstops I have heard. CDEX prolly have several left that BAXA paid for but didn't wanta keep.
Well it is the CFO that does most of the work. If anybody wants extra credit for doing what they spozed to,,,,it is McCOMMON.
http://ih.advfn.com/p.php?pid=nmona&article=56061892
I doubt that you want to explain this, also.
A WAY OUT post.
"someone there can actually help the caller." Yeah right. Help them from toting as much dinero!!
It is dangerous to the wallet to do discourse with anyone at the LAB phone number. JB ain't the only Crook hanging about the shop.
CDEX is fulla SCAMSTERS!!
They have become smart enough to know that if they call CDEX they will maybe get somebody, and that somebody will lay a buncha BOOLSHEET on them.
They have seen and heard quite enough BOOLSHEET outa CDEX to last them ten lifetimes.
Only the preacher has said anything for days...and that was "OT".
Substantial ETCHINGS?? No me sabe. Have not heard that they are into art work. Just lying artists. Or more exactly, have the art of lying.
They won't return them. They would lose face and have to admit that they made a mistake buying them. Have to admit that they got snorkled by a damned buncha infidels.
That Helen Waite plays both ways. CDEX will play hell getting the remainder of the money. But then, they already collected more than the V3 are worth. IF CDEX told the truth about that. Which I doubt.
Besides CDEX would have never sold them anyway. Not in this country. Just Junk, as you say.
The posts re activities and expectations of LYJN started well before CROC shoes became a vogue. Crocs have come and gone. LYJN is still running on air.
I am amazed to find this one still trading though as I long predicted, at the sb-sub penny level.
Only a fool would trade this one long term, although a large gain even at the sub-sub level is a large gain. prcentage wise.
Need to buy a really large number of shares each time, though...and try to catch a bottom of a bottom.
Yep...CDEX no doubt has to pay cash for stuff. Unless they can find a supplier that has never heard of their rep for stiffing people.
Or a manufacturing firm that is so desperate for work that they would take the chance of trusting them. Or would believe their lies about the selling potential of their "product".
But CDEX ain't about to waste real money on such trifles. Their main business is and always has been selling shares, and paying themselves. Thinking up lies to hit potential buyers of PP.
Such as JB and WADEs video where they speak of the IG4 in the present tense as if there are a heap of them already out there doing all the MARVELS that they claim it can do...TOTAL BOOLSHEET!!
WHEN they have never sold not even ONE.
One can do the same scam only so long before they get nervous.. and ready to retire or go on to the next scam.
Pore ole MP reached the point where NOBODY believed him so off he went to greener pastures in NC. No telling what he is doing with his LCC.
Pore ole JB ran outa suckers in CA... so he went to Arizooner.
Unfortunately too nearby so his rep followed him. Cannot sell any PPs except in LUBBOCK and they ain't really PPs. But unless the LUBBOCK bunch takes over he will pay them off in shares, too.
But he can get employment running BKs for hire. Or set up a Loan Sharking business or sumpin.
Scamsters are Scamsters, no chance of reforming them, not with the loose laws and lax law enforcement in the Good Ole USA. I guess it must beat doing honest work for a living. Congress don't wanta interfere with "free enterprise"..They gotta get re-elected, and need somebody to pay the heavy costs of running..
So CDEX is probably safe so long as they keep the COLOR of legitimacy and so are the other INTERNET SCAMS. But running slap outa money will mess up things for CDEX...unless there is a take over by new Scamsters.
You do have a penchant for stating the obvious.
MOST MANUFACTURING is done by scouting for the available parts and then doing the assembly. And Or having specialized parts made to order.
Only a fool would try to make a transistor a diode a resistor or a capacitor when they are plentiful at a parts store. Or as it is these days, an integrated circuit.
CDEX is no different.. but as they themselves state..the have no manufacturing ....meaning larger scale assembly...capability.
WHAT??? GUDE OLE WADE A Crook???? Wade whom worked at Sandia and swiped stuff outa the DUMPSTER and turned it into a 13 year SCAM??
Why Heck BOYOS AND GIRLieos..that is ENTERPRISE!!
Wade whom picks a bango and sangs songs?? How can he be a CROOK??
Them ole boys at LOCH only had cows and Lunar Solar battery powered PUMPS and cottonseed to feed the masses.. then WADE gave them the ELF AND THE VAMMMP...a dynasty was born!!! That was the work of a CROOK?? SHEESE!! They didnotsell...but was Wade discouraged??? NO!!! then came the myth gun and VALIMED and dang knows what else.
NOT A CROOK...why heck seems I remember a PRESIDENT who claimed that....sure WADE CANNOT BE A CROOK...CAN HE??????
LOL!! I did not say that. I say CDEX is a HOPELESS PROSPECT.
What I was plainly referring to is SCAMSTERS having to do honest work for a living. NOW THAT is a bleak prospect!!! LOL!!
BTW, where did he get the 10 V3s that he claims to have sold to a company in the MIDDLE EAST?? At the same time, avowing in the filing that he has no manufacturing capability in house.
Did he wave a magic wand and lo and behold?? From the bragging on him that has been posted here, one must count that as a possibility!! LOL!!
There has been no PR on a contract to manufacture that obsolete doo-hickey, so they must have been lying about somewhere.
Also, I must have somehow missed that PR or sumpin where he donated 2 million bucks to CDEX... If he did, then one must wonder as to his sanity. AND to the sanity of the CHAP 7 court over near the west coast!!!
CDEX is sure lucky that they FOUND JAYBEE!! The SHAREHOLDERS should be buying and averaging down to beat the band!! Wonder why they ain't?????????????????????????????????????LOL!!
Fulla P&V today, right?? LOL!!
Quite a contrast to the other day when you were so worried about RYLES. Did we help to settle you down?? I'm glad!! LOL!!
Of all the crooks you mentioned, where do you rank JB or is he as pure as a a Vestal Virgin or the driven snow??
Is an expert on BK a useful CEO for CDEX?? A proven liar and Loan Shark?? Well, heck, I guess he fits the profile of a great CDEX CEO!!
OK, I will admit that he has gotten money outa the LUBBOCK area oil patch..first by selling them a non-existent Cancer related bogus distributorship and counting the proceeds as REVENUE while settling them with worthless shares, which were later diluted 1 for 10.....then borrowing another pile from the same area which is what he is now using for operating funds, paying himself and his son nice salaries and himself bonuses.
And has gotten himself the most compliant "independent" (LOL)BOD known to man or beast.
But he has failed to sell PP shares..the most urgent thing on the CDEX agenda. Heck they say so themselves..in EVERY FILING.
Let slip more than you wanted to yesterday, huh?? Trying to correct today.
As is with most things CDEX yesterday is gone. What was written then is indelible, just as the well earned bad reputation of the company cannot be erased...written over a span of more than a decade.
Even so!! I for one have not been regarding him with the respect as a CROOK that he no doubt deserves...sorta a background figurehead...willing to do the donkey work as others lead the company at their whim. Using his stuff. And him.
Especially as he posted on a forum years ago and MP told him to button his lip. Which he promptly did. MP rather sternly declared that HE, MP, did the talking for CDEX!! But that may have been contrived too..who knows what the hell those SCAMSTERS are doing. Or why. Except to skin the TROO BLEEVERs...who are now mostly NON-BLEEVERS.
BUT as you say...and AMANITA says.. he is not an ignorant poor boy down from the hills...he probably does have a doctorate.
Back when he posted on that forum, the FEDS appeared to be interested...so he wanted to say that he is not aware of the SCAM... BUCKWHEAT, a poster on that forum in similar trouble himself because of a different scam, corresponded with WADE some but nothing ever came out of that.. that I know of. ANYWAY, the FEDS apparently got too busy on other stuff after 9-11 and left CDEX alone. And most other internet SCAMS also.
I believe you are right. JB and his son are soaking up the money and are an expensive liability that CDEX does not need. After the BK, which JB has some expertise at doing, he has exhausted his usefulness.
WADE is no doubt providing him with his lines that he utters and writes about the BOOLSHEET IG4. JB has no expertise in that.
CDEX is a goner...just a matter of time.
I never thought of WADE having the main power in CDEX. But then, he has been a constant figure from the time of the grubbing through the SANDIA trash to rescue the so called TECHNOLGY with the help of DOKTER BLAIR all the way to this day.
A seeming falling out with MP, probably contrived, all the way down to the BOOLSHEET IG4 seemingly willing to be the GOAT for the "new" CEO. Has his own LLC, too.
You may be right about him!!! I will adjust my thinking re GUDE ole WADE.
I would not toss a bent dime at it, but then I am not into penny stock SCAMS.
But the LUBBOCK boys are out to make money period. Whether from BIRDDOGGING for existing scams, dry hole leases or creating their own SCAM. ETC, ETC. Even legitimately honest if it comes down to such a bleak prospect.
I consider their prospects dim with this CDEX scam...They gotta have at LEAST sense enough to know it.
So why not try something else?? If not, just write off the losses, and forget it.
A rare post indeed...no IMOs no hints of this or that re CDEX.
FROM STREETIE...
If RYLES did post or publish it would likely be what is already pretty much known. Maybe just do a spot of verifying. It could be different if he were deposed under oath by a Government agency and they granted him immunity from prosecution.. He probably does know much more than he is saying..
But so far, all Government agencies have dropped the ball...CDEX is too small to fry.
None are interested in chasing a relatively unknown entity that has no general publicity value, hidden in the whole damn forest
of internet penny stock scams. To make a concerted effort to clean up that mess would require an action of congress and appropriations.
So they publish a beware statement or two to the public, "stay away from scam stocks", and let it go on.
Thanks for reminding me. I do seem to remember RYLES making two or three un-informative and insignificant posts in early 2012.
Played Gracie to DavidOs ALLEN as I recall now you mention it. when asked if CDEX is a scam, just cited a part of every CDEX fling.
As I posted back then...I did not believe that he would spill any secrets. He didn't. He had posted before as the Plumber. He did not reveal anything of consequence back then either.
So if that is what your obsession is about it flew outa my head...and just came back dimly. I could go back and look it up put in better context perhaps but not worth my bother.
So Poteet has a least the COLOR of a legitimate beef.
So where does the rest of the INONITs come in???
Just another case of thieves falling out. Happens all the time.
RYLES did post for a time during the arbitration on another board. I do not recall that he had much to say re Poteet. If he has posted since, I have no idea where nor when.
As I recall, JB hired him back when he became the PUTITIVE CEO of CDEX.
But as chief engineer, I guess he was privy to a lot of secrets.
And THAT OLD CHAPPIE, is the reason for your worry....NOW AIN'T IT???
Looks like it needs a lot more volume, and then new interest will arise. as well as the SP..I think that I will put this one on my watch page!!!
If there is a moral in this story Re Ryles it is do not mistreat a fellow INONIT because he wanted his salary, went to arbitration to get it, and now has his payoff snatched away from him in BK.
Why would CDEX think that he would or should keep silent?? Although, I do not know of any present forum or method that he is employing to say anything at all re CDEX.
I have a copy of everything from the proceedings of the Bankruptcy court. Thanks to ARLOCO, who sent them to me. I distributed copies to 7 different people (ONE NOW DECEASED) that
sent me an EMAIL ADDRESS.
Anyone, however, could have gotten them just as ARLOCO did.
RYLES tried to depose JB in discovery and the Judge approved his request but it did not happen. If it had happened the BK proceeding might have turned out differently, or maybe not. We will never know. RYLES lawyer recused himself because of his involvement in the arbitration.
Right now, things are fast getting desperate at CDEX as evidenced by your hysterical obsession re Ryles. Peanuts are coming in when you need real money to keep operating. CDEX words, not mine. All CDEX filings say that they have to get PP money to keep operating.
Their failures to attract funding will get them pretty soon.
All spams except one has eventually ran slap outa believers and faded away.
LOCH/CDEX will be no exception. The have already reached the no believers stage. Now they are just awaiting the executioner.
Only the shell is worth anything. And that is only because they are already set up with shares etc, on the OTC market. Does not have to go through the listing process.
It does seem that RYLES is feared at CDEX!! So Streetie is trying to discredit him and steal his thunder.
But I think I know why that is. And have said so before but it was too personal. Did not survive the cut.
The pretense that MP ruint the company and the PP holders went and found the savior JB and persuaded him to the rescue is still going strong. MP was a crook, and so are the remaining INONITs especially including the present putative CEO.
Find it a bit strange that the KUWAIT company has no knowledge of CDEX nor the CCT. Put either in their search engine, and get the equivalent of a blank stare.
But be that as it may, 200K is hardly enough to pay for more than a month burn rate. Add in another Bonus or two or maybe contract for some manufacturing and it will be gone in less than a month. Or even add some employees maybe such as a chief engineer or pay for some advertising or PRS..cut it down to maybe two weeks.
The shearholders meeting ain't cheap even with free publication here on IHUB for Proxies. And using the LAB and its adjacent parking lot for those three or four attendees from back east and some drifters down from Nevada it still is not cheap.
YEAH THAT DIVERSION non-issue has been worked rather hard by JB.
Which may be an indication of the limit of his knowledge re all the claims of CDEX and VALIMED from the start. He well understands stealing stuff. Especially stealing stuff by BK. And loan sharking. And getting MP to certify a false share cert for him. And even after the shares no longer his, voting them anyway
to increase shares that he hoped to sell by PP.
He ain't a medical man, so he relies on his GOAT WADE to feed him those lines, re IDing meds. Which he promptly attributes to WADE.
But yeah, he UNDERSTANDS stealing.