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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Maybe a P&D which has not happened. The BK dragged out so long that any possible enthused populace that would get excited went off on something else, and the G4 became way too yesterday.
Too much like the VALIMED, anyway.
The dog and pony shows where they went cheap over in the corner did nothing for the P&D cause on the miracle but imaginary G4.
They tried the same rhetoric as selling points that had already failed on the VALIMED 1,2 and 3, like save lives, quit the swiping of returned drugs, impaired medicos, stop counterfeiting etc all fell flat. Too ridiculous to start with.
To do a good P&D gotta hire expensive promoters and mail out high priced brochures to drag in the suckers. Soon eat up all the LUBBOCK money that JB and them would rather swipe for themselves.
Besides, the TROO BLOO LONGS became GRIPERS and BASHERS blaming all on MP which does naught at all for any possible P&D. Youdonot do a P&D by placing blame. Gotta SELL the idea..real or Imaginary
makes no difference. PLAUSIBLE COUNTS. Which is exactly the thing that CDEX falls shortest on.
Left unanswered is why did the group from LUBBOCK contribute money to CDEX. Which is what they are "operating on" now with the salaries and bonuses, Not to mention consultation fees.
I guess we will eventually find out. Or not.
Why did the creditors sign off??? They knew that CDEX had no money, therefore they could never collect. If it went chp 7 they SURELY could never collect w/o proving fraud, and then could never collect from the company..they would have to collect, if ever, from the individual perps. By name.
Throw good money after bad.
Being assured by JB and them that they had this hotshot G4 which would eventually make all hunky dory, they could X the dotted line at no cost to them and have a far outa sight vague chance
that the shares could be worth something eventually..., of course, they signed.
Despite what has been BRAGGED HERE by some, By signing, they demonstrated NO faith in CDEX management. They merely took the easiest path to closure. They had already licked the wounds.
The trustee system is not w/o problems, BTW....
https://wjfa.net/bk/bk_trustees.html
They gotta make a dime, too. They are not GOVT employees. They get paid outa fees.
The CDEX creditors are totally unlikely to get anything except
the specified rather worthless shares specified in the settlement.
Not much fertile ground exists in the CDEX chap 11 case to generate any money fees.
Thus trustee indifference.
More likely to put 4 or more zeroes in front of that one.
Not sure that the trustee has anything to report to the court, sinCe the debtors have raised NO new objections. NOR SURE THAT THEY EVER WILL..
So JB now claims 8 million shares. If he tried to sell them,it drive the SP way below the one cent level.
Cool it CDEX..you have no worries, Mate.
Just that your base of shareholders have deserted you, Nobody but the preacher still posts regularily. NOBODY is "ADDING".
You have sold no PPs.
The IG4 is still imaginary. You have fulfilled none of the things that you promised the BK court.
Your daily record of selling shares is a joke. So is the "spread".
Feb is more than half gone. You have accomplished nothing but Bonuses and salary to the main PERPS.
Why worry?? No reason at all. Worry never solved anything.
En VINO VERITAS????
In misreading a post and calling a prototype a phototype, one may have stumbled onto the truth by accident.
The only thing we have seen of the IG4 is a photo of what is claimed to be that mythical entity.
We do not now have nor will we EVER have more real proof than that.
But then, it was really never meant to be anything more than
a way to sell shares, if only some people with money would believe the BOOLSHEET. TUT TUT CDEX!!!
Wade was left outa the bonus game. Pore feller was set up as the goat re the IG4. JB can claim that WADE assured him that all is hunky dory, and the claims for the IG4 is doable and in fact already done and all worked out.
Wade has been known to sue the COMPANY, CDEX.
He owns an LLC with a religious name. He can sue in his own name or in the name of his LLC, or both.
But since he knows better than most how little value a warrant to buy is worth, or for that matter a bonus to be paid in shares is worth, he might sue for real money before it is all spent.
Better hurry, if you are gonna do that, WADE!!!
First they declare a 1 for 10 RS. Then they act as if that split does not exist. I guess they excused themselves and laid it all on the common garden variety shareholders.
Then took care to make the CEO top again??
So let him be top. Top of nothing.
LOL!! Apparently, CRREDE still monitors this board!!
I wish you luck with your new stock. But I no longer trade any penny stocks. Yeah, they can make you money if you hang tough with them, watch them like a hawk, and be ready to sell quick.
Take everything they claim as a lie until proven otherwise.
Not for long term traders.
I wonder if the new JUDGE that they now have in the BK court will want to re-visit some of those claims, like check progress against promises??
I rather doubt it. It is embarrassing enough w/o attracting any more attention.
Especially that part where JB got a BONUS for chousing the BOOLSHEET through the court, and getting the BK approved by the previous JUDGE.
Not a pretty thing to be in the annals of the court. It was as if the Court just wanted out of the affairs of CDEX.
Very little that CDEX has ever claimed has proven to be true. And that includes when it was still LOCH.
But on the other hand, almost everything that they have DIS-claimed has been found to happen. Eventually.
But of course, they usually devote lots more space in their reports and PRs to disclaimers than to claims.
Wanta buy some shares? All you gotta do is put in an order with a broker that has no scruples about trading penny stocks.
Failure to deliver is said to be common in that branch of the market...so maybe you will get "real" shares, or maybe not. CDEX has no interest in whether you do or don't. They would like for you to trade, though, because high volume is a way to attract interest in the shares.
They get no part of the trades in already OUTSTANDING shares out in the general public.
They want to sell PP shares, or borrow money using shares as collateral. Same thing, really. Except borrowing money postpones
the movement of the shares out of the company treasury until they have to settle up with the lenders.
What CDEX did was first get 200 million new shares approved by the shareholders, then through BK settle the lenders (and incidentally the shareholders) with a one for 10 reverse split. . Now no "debt", and 10 times as many shares to cheat people with.
And actually got a FEDERAL BANKRUPTCY COURT to sanction all that!!
Are they in anywise stupid??? YOUR GUESS!! Cleverly crooked, yes.
STUPID?? NO!!!
SO, you might ask, why bother with the outstanding public shareholders? Why not just cancel their shares as usually happens in BK?
For one thing, they count on shareholders to help by TOUTing the shares. TOO TOO DAMN BAD that that has not happened!!! You ORDINARY shareholders have gotten a damn sight smarter!!!
Well, hell, your education did not come cheap!!!
The thing is, CDEX has proven w/o the slightest doubt that their crappo will not sell. Further, they have proven w/o the slightest doubt that their main purpose has always been to sell shares, not merchandise. Hot air, not hot products. Damnable lies, not truth.
No even slightly honest company intent on marketing a real product would have the slightest interest in copy-catting their so-called merchandise.
On the other hand, real companies market an abundance of stuff that CDEX is interested in claiming that their largely imaginary
stuff will do the job better, faster and cheaper than what is out there already.
What do SCAMSTERS sell?? HOT AIR. What is CDEX?? A damn SCAM. Is was and will always be a damn cynical SCAM. Nothing more, nor less.
Shares are very cheap to generate. Profit nearly 100 percent.
The main expense?? Sharing with Co-Perps, and publication of the necessary lies.
Getting close to the situation where CDEX would have to have a co-signer to pay cash.
The SEC would most likely just giggle and toss it into the round file anyway, or the SEC equivalent of the round file.
Very few if any of the long suffering shareholders need further reminders that their money is long gone.
There are no prospects for an I told you so. Whtatever money is left from that bunch down in dry hole country is well on the way to being spent on salaries and bonuses for that tight group around JB. Not to mention consultation fees.
The Q11 will be so embarrassing if ever filed, that one must wonder that it would ever be filed, ARLOCO!! It will take away money from such useful things as Bonuses, consultation fees, etc.
Why spend Money on useless and embarrassing things. They can just let the SEC go to blazes, go on the pinkies or grays where they belong and stop the damn charade.
There are some bone picking still going on re the JB chap 7 in Ca. Two or three thousand worth of remaining value not enough to say grace over,,,but some talented sharks are buying up the rights, which could spell trouble for him, now that he has a steady income and a recent cash bonus.
I will send the PDFs to the usual recipients, courtesy ARLOCO.
ALSO appted a new BOD member. (YAWN).. Will wonders never cease???
At a meeting of the Company’s Board of Directors on January 17, 2013, for his leadership in getting the Company through its bankruptcy proceedings, the Board approved the issuance of options to Mr. Jeffrey K. Brumfield, the Company’s CEO, for 8,000,000 shares with an exercise price of $0.05 a share exercisable for five years from the date of issuance with the understanding that Mr. Brumfield at the same time of this issuance will forfeit the existing options granted under his employment agreement.
At nickel a share for restricted shares??? LOL!!
At a meeting of the Company’s Board of Directors on January 17, 2013, the Board approved the issuance of options to Dr. James G. Stevenson, a member of the Board, for 150,000 shares with an exercise price of $0.05 a share exercisable for five years from the date of issuance and options to Mr. Stephen A, McCommon, the Company’s CFO, for 200,000 shares with an exercise price of $0.05 a share exercisable for five years from the date of issuance.
Good Ole Jim worth more than the CFO?? For what??
At a meeting of the Company’s Board of Directors on January 17, 2013, the Board directed the Company to pay one-time payments to Mr. Brumfield for $19,500.00 and to Mr. McCommon for $6,000.00 as bonus compensation.
HOT DIGGETY DOG!!! A BONUS IN REAL MONEY!!!
Thanks again ARLOCO. Our main source of accurate information re
all things CDEX and its BK-ing CEO. That is YOU.
So some Chiropractor is the real owner then. No mention of the brave and esteemed CDEX med directum and BOD member...oops, forgot his name...gotta go back and read VIKEs post!!
CDEX has gotta sell some PP shares some way, some how if they are gonna stay around much longer. The LUBBOCK BOYOS can soon take possession.
Running a questionable med test lab can be the way to go for the future owners of CDEX...but if that is how they wanta go they are not setting up in the TUCSON CDEX facility. Apparently.
I ain't got no mo warter to spare on putting out that fire.
The Med dorecectim and his Bully Pals from the dry oil patch have arranged to take over CDEX at the cost of a few weeks CDEX running money, giving JB a few months salary and perks, as well as his sons nepotism pay and a perk or two.
Gave oLE JAYBEE some walking around money whilst he sets himself up for whatever crooked stuff he wants to go into next. HE no longer owns a pile of CDEX shares, he lost them on CHAP 7. So we know that he is not stupid enough to plan on getting more rich off any future prospects of CDEX.
No word in the press release about where the good new med director will set up the Arizone Med test LAB that he will own/run.
But if he plans to use the CDEX lab, then we got a clue as to what them LUBBOCK BOYS had in mind when they bought CDEX. But only a clue.
And whats in it for MP?? Gotta be SOMETHING!!!
This assumes that they can adapt Imagination to reality. Can it tell if the water is sterile?? No. Can it determine if the mixture is too salty?? No. Can it tell what drugs are in the bag and how much of each? No. Can it tell what drugs and how much has been introduced into the drip line by a nurse?? NO.
Certainly not by flinging a drip bag into a tinbox and doing hocus pocus on it.
Well maybe they plan to disregard Molars and concentrate on Canines.
But the main problem is to try to convince PHARMS that they need the dang thang. What need does it fulfill that is not already taken care of in a much more simple way using the existing methods
and procedures??
Blaming the PHARMACY for errors when the prescribers and direct dispensers to the patient are more probably to blame. (DOCS AND NURSES).
A lot of error is cured by docs using computer like devices to write prescriptions. For example.
The "INDEPENDENT" BOD elected Dr. Terrell, did they?? LOL!!
ANYBODY GOT ANY IDEA how the voting came out?? LOL!!
Three of the BOD members have quit. Appears that Good ole JIM is hangin on!! Dr Whassisnayme the "med director" was appernted to the BOD. Good on him!! Them ole BOYS from LUBBOCK is taking quite a stake.
I'M surprised that Good OLE RS has not yet been appointed. Got two more openings, ain't they??
Effective January 2, 2013, the Board of Directors of CDEX Inc. (the “Company”) appointed Jason Bradley Terrell, M.D. to serve as a member of the Board of Directors. Dr. Terrell has been the Company’s Medical Director since January 25, 2012.
Dr. Terrell is currently a corporate medical director for Any Lab Test Now©, the largest direct access medical testing franchise in the United States. Dr. Terrell currently owns and operates multiple medical laboratory testing facilities in the Southwest United States. He earned his Bachelor of Science in Biochemistry from Hardin-Simmons University, graduating Summa Cum Laude and recipient of the Holland Medal of Honor. He earned his MD from the University of Texas at Houston School of Medicine. Dr. Terrell serves on the Board of Directors for Terrell Oil and Gas Production Company, Inc, a privately held oil and gas exploration, production and operating company and Dr. Terrell is also the owner of Terrell Property Development, specializing in large multi-family real estate development.
On December 27 and 24, 2012, respectively, General (Ret.) Robert H. “Doc” Foglesong and Mr. Frank E. Wren each notified the Company that he has opted not to continue to serve on the Company’s Board of Directors beyond the end of his current term which, in each case, was December 31, 2012.
Also, effective December 31, 2012, Mr. Brian M. Jenkins resigned from the Company’s Board of Directors saying in part, “the expectation that the company would be developing technology applicable to the national security domain where my own knowledge would allow me to provide strategic advice. While I believe that the technology can eventually be adapted to explosives detection, the strategic direction of the company for the immediate future will be in the medical arena. I have little to offer in this area and would have departed the board earlier were it not for the bankruptcy. As a board member, I believed that protecting the interests of the shareholders would not be best served by creating unnecessary turbulence and uncertainty in the management of the company while in bankruptcy. Now that CDEX has successfully navigated the bankruptcy, this is an appropriate time for me to depart and for the company to chart a new course with new board members.”
She was clever enough to get information not otherwise forthcoming from CDEX...And it bothered hell out of CDEX managers and close supporters.. not the first time she did that.
YEAH, she will be missed.
Whatever went wrong with your factoids, BUZZ???
Clue; BAXA could not sell the dang thangs.
Those that were not scrapped for parts for "newer versions" are stored in the infamous CDEX LAB.
So who is the unfunny joke??
The newer versions, including the latest totally IMAGINARY one....
will not sell either. TOO TOO BAD.
I had slap forgot about you...and your impeccable reasoning re CDEX and BAXA. to wit.....
If anyone has not previously heard, long time poster here died back in DECEMBER...BARBARA...AKA COQUILLE, SEA SHELL, SEA URCHIN, etc.
I am sure that you will join me in the sentiment that she will be sorely missed.
LATEST COURT FILING...RE CDEX CHAP 11......of no consequence..
Courtesy ARLOCO...
Ell-5-D
U.S. Bankruptcy Court QQYI, BE-C 2“ P
38 South Scott Avenue CLERK
Tucson ' AZ 85701 u .$. BA mtnu{\i§fl n\s‘lR\@‘ “t
Re: Creditor Change of Address
Dear Sir or Madam:
I am sending in this Creditor Change of Address letter.
Case Name: CDEX, Inc.
Case # 4:12-bk-02402-JMM
Creditors: Ramai and Carlos Alvarez
Current Address: 811 S. Anderson St., Globe, AZ 85501
New Address: 10224 E. Canyon Meadow Dr., Tucson, AZ 85747
Please let me know if you have any questions.
Sincerely,
Ramai L. Alvarez
‘Q \:\+\
Tf*() {Z-4 N Q2 Z»: 729
-A
NEVER in the history of the entire universe could the word of CDEX management be taken as TRUTH. And that includes ALL future
and past statements, written or spoken.
AIN'T a gonna hoppen!! Not next years end either...
bid/ask is meaningless because there are no trades. MMs should either raise the bid or lower the ask to try to stimulate trades.
Not that it would help. CDEX is kaput. FINISHED. OVER. DONE. GONE WAY SOUTH.
FAT LADY IS BELLOWING OUT THE ARIA, the COLORATURA is humming along. The MASTERO done got ready to lay down the stick. The villain is dead, the hero has the heroine ready for hanky panky.
Portable and has a library of signatures that CDEX could never hope to match...
AIN'TCHA heard?? They done quit on the IG4 and started sellin repacked VALIMEDS to ARABS, done sold 10 they say.
They do wish though, that some people would pay closer attention and realize what a PROFIT POTENTIAL there is in buying PP shares or lending money to the CDEX company.... Never mind the BK tendency of the fellow now said to be in charge....that undoubted pinnacle of virtue...JAY BEE.
Much more profit in selling shares than ANYTHANG!!!
Which is why SO MANY companies in PENNYLAND are doing it. Rivaling the SCAMSTERS SELLING AUTO INSURANCE EVEN!!!!!!!!!!!
OR even all the constabulary handing out traffic tickets!!!!!!!!!!!!