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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There is not enough volume here to move the market very much in any direction. Up or down or neither are the choices. Ergo, not an attractive target for SHORTING nor any other derivative, nor just old fashioned buying and selling.
Good old CLOSER is right about one thing, despite his WOWING to attempt to stimulate buying. WATCH THE VOLUME..!@#$%^&*(.
Without VOLUME CDEX is stuck in the doldrums.
One big problem I see is that to make a CCT (which is only a repackaged Valimed) is to get that fellow that they owe for sheet metal work and the paint job to agree to do the next batch on credit.
They have at least 10 Valimeds in the storage bins. They only have to chouse the mouses and the roaches outa them spray some WD40 in there to clean the circuit cards and de-scent them, slap em into a CCT box and send them on to Kuwait.
Giving the suspects a tiny speck of credence that the whole tale ain't a lie, as is usual.
More likely, it is a lie, and some fellow, maybe in Kuwait where they are awash with oil money, but still want more, put up the money for a new set of brochures and email messages to mail out as soon as MP gets them all written up and a TOUT or two is hired to do the print and mailing job. Be sure to add some pics of some pretty "nurses" in a pose with a CCT.
THANKS!! A good reference post to try to remember all the STUFF that CDEX has tried to sell and could not. Not that they had any to sell except for the VALMED and a very few of its re-packaged brother the CCT. A matter of new sheet metal and a new bigger monitor.
The G4? LOL!! More new sheet metal. Still owe for the 100 buck paint job.
ANOTHER THING...JB/CDEX does not have to share any money with anyone because he wiped out all the debts with the CHAP 11. Replaced them with FUTURE SHARES..LOL!!
The notion that JB is the least bit ignorant is surely ridiculous!!! Or that he has a reputation to protect..EVEN MORESO!!
JB has no virtuous reputation to worry about, BTW. LOL!!
CDEX is in perfect hands to live up to its well earned LOUSY reputation. And MP is far from GONE AWAY..plain COMMON SENSE (TM;INET) should tell anyone that.
CDEX has shown no real sign of having reformed since JB became the putative CEO.
I don't know why you would think it has reformed JUST because MP moved off to a NC lake and Golf course, and JB has managed to sell the junk left over from the old days. Or 10 of them. Or so he claims.
CDEX manufactured 25 Valimeds with the bells and whistles plus gave away some in other configurations to various people. Including a personal copy to GUDE OLE JIM to play with and write a widely ignored white paper about. BAXA if you remember could not sell them and left them stored at the TUCSON LAB.
All the actions of JB so far has only managed to dilute drastically the equity of shareholders and ran through a Chap 11...a new experience for him since he was used to dealing with a chap 7.
MP has millions of tradable shares. He could profit greatly from a P&D if JB and them can generate one.
LASTLY...the CDEX CEO is FAR FAR from ignorant, JEN.
It happens a lot that people put up money so a company can run a P&D. They put up a lot of money for the paid TOUTs to mail out brochures and run email drives to sell worthless shares. They figure on getting their money back and a lot more, depending on how well the P&D goes. They get a pile of the shares first of course.
Did that happen here??
It is a danger that cannot be overlooked. Not in PENNYLAND!!
Trouble is, JEN, that you cannot safely put a pretty face on the actions of crooked people. It is best to try to figure out what they are REALLY up to.
Valimeds have been around for years, and never sold even all that they manufactured several years ago.
Kuwaitis are not stupid. Quite the opposite. Why should they invest good money into a largely failed and non salable CDEX product. Makes little to no sense to me.
To jump in and run the SP up on such a basis to me is just repeating the errors of yesterday. Let CDEX actually deliver the old Valimeds get paid and account for the sale in a truthful SEC report due to come in January. Or in an interim report.
NOTE that there is only speculation as to the final sale price..they reported the down payment, why be close-mouthed of the final price?
But of course, I have no wish nor can I dictate what the shareholders do with their money. Nor would a P&D be all bad. Some shareholders could get a lot more for their shares than they are getting now.. At the expense of the next bag holders of the snipe hunt, of course, if I am right.
I could be wrong... you pay your money if you wish and take your chance.
Look up Kuwait Dinars. Compare to US dollar.
Al-Essa Group, a diversified organization, delivers total solutions to clients in various sectors and to both private and public institutions, in Kuwait. Sales through Service is the key to our success. We care about the value that our customers can derive by their association with us.
Our range of activities involves supplying products, supporting applications and providing maintenance for medical and analytical applications. We address human resource requirements through supplemental staffing and home health-care programs. We deliver complete solutions in facility engineering, providing mechanical piping, furniture, furnishings and equipment. We focus on improving quality of life through our rehabilitation expertise. In addition, we have executed several projects on a turnkey basis by combining our local project management and project support expertise with international technology partners.
Our ability to undertake this comprehensive range of activities comes from more than 25 years of corporate experience and the efforts of more than 200 dedicated core employees. We are proud of our unparalleled reputation for providing quality solutions, the result of a corporate ethos that has won recognition from our valued customers.
A capital base of KD 1.5 Million, certification to ISO standards and the diversified nature of operations ensure long-term stability and growth. As we contemplate our future, we are confident of our abilities to successfully meet the challenges and seize opportunities that enhance stakeholder value.
SOUNDS A LOT LIKE MALC SPEAK TO ME.
So what is in it for the YAHOO who is to get the VALIMEDS...
SURELY I do not have to point THAT out?? There are LOTS of tradable shares out there. Enough for even more than ONE P&D.
We shall soon see if there is a run on and a run up on the SP...
Got two trading days left in this week. Time to get the PR out and beat the bushes a bit.
YEP, we shall see.
"CDEX received the initial deposit of one hundred and ninety nine thousand dollars for the ten ValiMed machines, which enabled the company to begin the procurement of materials and initiate final assembly of the units."
So, all is just normal adjustments for December??
By JAN 15, CDEX will be closer to fading slap away.
Already a NO brainer.. nobody with half a brain would buy.
Tax selling is not new.
CDEX not going down?? Maybe the SP rising instead, and the drop a mere illusion?
Crying over stuff spilled is not a rewarding experience. Shame or not.
NOR does CDEX have enough money to deliver even if the G4 did work as advertised. It takes a HEAP of money to manufacture stuff.
No bank with an ounce of sense would risk it. Government auditors and examiners LOOM these days.
ONE PIPE LENDER IS APT TO BE ALL A COMPANY COULD EXPECT...and CDEX has already had ONE.
WHICH leaves PP buyers/lenders. Good luck on THAT!! Especially with a BK loving CEO!!
When may we expect a PR from MP saying how very great went the D
&P show??
About how yall had NUMEROUS potential buyers stop by and how impressed they were and how much interest they showed and how MUCH yall came away with a good feelin. ORAL CONTRACTURAL CONTRACTS BY THE MULTI DOZENS IF NOT HUNDREDS!!!!!!!!!!!!!!!!!!!
THAT MP!!! He is surely a genius at PRs!!!!!!!!!! But after all, didn't he INVENT MALC SPEAK??
CDEX is sure lucky to have him still doing PRs for you!!!!!
Trouble is, nobody bleeves anymore. This comes from failure to deliver in the past.
Makes no difference nohow, but last I seen, MP is now the BIGGEST SHAREHOLDER. Except for GEMINI. Not likely that anything much happens w/o his blessing.
SOON, though, MP will be the proud owner of a big pilea NOTHING.
CDEX IS DEFUNCT. Not mucha that MONEY they got from the band of btothers in the LUBBOCK area is still left. SOON will be ALL GONE.
Nobody bleeves yall podner!! Look at the SP, now down to a nickel and trending lower. That is what happens when things go wrong.
What do you get when you divide a nickel by 10?? That is how much it has fallen so far. .005 means that it now SUB-PENNY... and getting subber.
CDEX is sayonara. Japanese for goodbye. Pretty soon, it will be
SARABA which means FAREWELL in Japanese.
TSK, TSK....too bad..
NOW be aware, if you will of what an ORAL CONTRACTURAL CONTRACT is... somebody looks at the companies wares and the DEMO cooked up for the show.. and hiding giggles up their sleeves says.. "Say that looks interesting".. but signing nothing.
With the respected and widely believed Doctor "GUDE OLE JIM" standing nearby, decorum dictates no laughing out loud. After all, he is a member of the BOD of CDEX, which company is a LEADING EDGE DOER in a vital and necessary enterprise that will save numerous lives and provide JAY BEE the CEO with at least several months of salary and perks before the 700 K runs out that he got from that same bunch over in Texas that he sold the cancer franchise to.. plus some more OIL WELL SELLERS and TYCOONS.
Please note that I am polite...did not refer to them as SUCKERS.
BY THE WAY...the company owes me a consultation fee for coining "ORAL CONTRACTURAL CONTRACT"...
Well AMANITA..a lie is a lie. Whether told near to the triggering event, or remote in time from it.
CDEX had already gobbled up the funds that they had gotten from selling A non-existant CANCER CURE/DIAGNOSTIC/THERAPY DISTRIBUTION FRANCHISE TO A BUNCH OF TEXAS OIL WELL TRADERS AND CONVERTED TO SHARES... THUS GETTING TO KEEP THAT GREAT FRANCHISE FOR THE COMPANY...NAE DOOT A SIGNIFICANT EVENT IN THE ANNALS OF THE GREAT COMPANY AND REASSURING TO ALL THAT BLEEVE IN THE MATCHLESS CEO OF PURITY AND TRUTH...JAY BEE.
ERGO, AND SADLY...They had NO money at the time to pay for a PR and announce that they had garnered NUMEROUS and significant leads and at least ORAL CONTRACTURAL CONTRACTS from that 2011 show.
And besides, at that time, remember, they were thinking and nae doot planning for a BK in which they could ELIMINATE ALL DEBT and screw all creditors and dilute all existing shareholders... THUS allowing for a new start towards that great day a-comin when they could attend yet another show, in VEGAS, and get yet more NUMEROUS SIGNIFICANT ORAL CONTRACTURAL CONTRACTS.
SOOOO... If they had announced back then that they had all this
POTENTIAL A-COOKING... the GOOD JEDGE might well hae said NAE NAE
to BK....
Today, over 40,000 shares were traded. ALL SELLS. NONE BOUGHT.
That also speaks semi clearly...
But does not include any PP shares. They are sold separately. if any. But damn if I bleeve that anybody bought any.
I post below from my own perspective, now shared by many more than during the heyday of CDEX when they were selling lots more PP shares, and we had the lawsuits and alla that stuff goin on.
The so-called BASHERS can speak for themselves.. some say that I am one. I will say that "BASHERS" are far more numerous now, or would be if they were posting. Their silence speaks volumes.
Now I have not been to the LAB. But knowing that CDEX was broke, it makes no kind of reasonable sense that they could take a pigs ear which is VALIMED and turn it into a silken purse in a few months,,which is what their claim is. The G4 is straight imaginary...but it ain't up to me to prove otherwise..it is up to the CDEX management to SHOW otherwise.
I do not think that they can sell a single one, much less enough to even begin to turn a profit.
CDEX is ran by a bunch of damn crooks..is now and has always been so..they sell lots of shares..but that is all they have sold to amount to anything.
LOL Sassy..over the years, you have read my stuff. During that same time, you also read the stuff coming from the INONITs.
Obviously. you believed their stuff. You and TEX plunked down a many a dime on the belief that they were telling you the straight scoop. You did not often believe much that I wrote. Even when we had fun, posting funny stuff back and forth, and sharing our grief over BLKHOC, you did not believe me about LOCH/CDEX. I never sold you a single near worthless share of any shares.
Now what I post is what I deduce from what I read and the posts of all pro and con posters. And my own analysis of what can be done with insufficient funds and lack of true expertise..And that, along with the undeniable fact that LOCH/CDEX has been a SCAM all the way from the beginning...I could hardly deduce otherwise.
I read all the filings of both the BK of CDEX and the BK of the CDEX CEO in California. I have them in my computer right now to refer to.
But dagnabbit, the true test of my credence is this...which has been the most accurate over the years...me or the dang INONITS??
I rest my case.
Why heck yeah?? Anybody in TIM-BUCK-TOO wants one, they are glad to put that sucker on a ship or an airplane!! If only they actually had any to ship.
All they have is a demo mock-up to show at the BIG SHOW.
No need to drop by the booth with alla them private showings already scheduled. They gonna be too bizy takin care of the numerous scheduled customers.
By years end?? which year?? Placements?? Meaning what?? I distinctly remember they tole the JEDGE that they had a number G4s almost reddy to roll out the door!! Way back in July.
NUMBER means what. 1? 2? a hunnert? More like zero. After all, the G4 is an imaginary device.
Who says that MALC wrote this?? ME, that's who. MALCSPEAK FERSHURE!!
"This is the second year for us to demonstrate the capabilities of the ValiMed G4 at the ASHP Midyear conference. By year's end, we expect to have placed our initial units. These placements originated from last year's event, which in-turn produced a number of contracts. We expect the event this year to be even better, with numerous private showings already scheduled," stated Jeff Brumfield, chairman and chief executive officer of CDEX.
BUT...don't count on it...!!!
The CLIMAX is what some calls CLOSURE.
It won't hurt you and might do you good to see this thing to the end..which is inevitable.
Even as we watch, the SP is gradually falling. The MMs are no longer supporting it. The main TOUTS are not posting anything to hang a hat on..just plain old fashioned BOOLSHEET. When they post at all.
So they will have a show in VEGAS...so what??? So many shows before..and there is nothing selling. The outcome is SOOO predictable. CDEX will put out a PR saying what a success it was and they got NUMEROUS INQUIRIES. That is ALL. Nothing with any concrete in it.
So stick around SASS. But only if you want to. I for one, welcome you. Who knows?? Maybe I will be wrong for once.
Fact is, SASS...JB is an even bigger crook than MP..but I do not think is as smart.
Some of the more recent clever moves I believe is MP inspired if not MP directed.
The BK is one of them. and MP was even more clever...it made it look like that he was hostile to the idea. He wants some of the results if there are any, but none of the blame if any.
JB ain't hurting none. He gets his monthly salary + all the perks he can think of. MP only gets consultation fees for composing the PRs.
That 700K will soon be gone. It took MP less than 6 months to spend the million - 20 K he got from the PIPE.
IT ain't realistic, SASS, to expect crooks to do anything but crooked stuff. HECK, THAT IS WHAT THEY DO, SASS!!
I DID OWN STOCK once in early 2000. Sold it at a profit when I realized that it is a scam. About three weeks after I bought it and just before it ran on up and then straight down.
It may be a bit hard to swallow, but I have ALWAYS told the truth as I knew it or decided it as the truth... except for some tall non related LOCHCDEX tales I told for entertainment. We could do more of that in the early days. BLKHOC and I used to swap some tall tales, and I like to think that I added some humor to his last years. I always enjoyed jousting with those willing to joust.
AND that includes YOU, SASS. AND INET, as well as others. I never really blamed the shareholders that I adjudged were sincere in their beliefs. I blamed the INONITS.
I was not always exactly right as I guessed the next moves of the COMPANY INONITS. But close always.
I am not a day trader, in fact over the past few years I have stopped trading altogether. I trust NONE of the PENNY stocks, and the so-called BLUE CHIPS are not much better for the most part.
I do strongly dislike scamsters. I react to people that threat or warn me negatively to shut my "mouth". I got a lot of that in my early days here and that only made me more certain that I was right about the SCAM. Still get some, but not nearly so much as in the earlier days.
Fact is, SASSY, what you see is what you get with me. I am like most people, I like being liked and appreciated. But I value truth and honesty more, even as hard as it is to find these days.
If in my zeal, or too stubborn to change and just let it go, I have kept some from investing here or adding..so much the better. But very few like or appreciate it. After all they do have heavy money invested.
I agree with you. Those that invested in CDEX in good faith are guiltless. They deserve much better but they are not in the least likely to see any return on their investment. Not ever. At best, an offsetting loss for income tax purposes.
The INONITSUNSABICHES deserve whatever it is that befalls them.
LUCK has little or nothing to do with it.
But an elementary analysis of the CDEX situation will reveal to anyone that the chances of emerging with a profitable enterprise is extremely unlikely.
Which is NOT the aim of the company anyway. Even if it was the aim they do not have the resources to bring it to market.
An absolutely superb truthful and sincere post from elsewhere. It doesn't seem to me that this stock will ever get off the bottom again. I have heard the 3rd time around is a charm. But it is going to take much more than that. No one needs a fortune teller to know where this stock has been and where it seems to be going. You won't have long to wait to buy @0.10 maybe less than a week. imo.
upandin0:
CDEX is show casing products again and in the past has never bared fruit for it's effort. At least in the way of a share price increase. I agree CDEX needs a game plan for it's products. The only one that works is they must work well and will sell oodles and oodles of them.
I remember the B boys and Malcolm very well and watched the stock soar and then fell in a nearly straight line to the bottom. I bought this crap on the down side and thought it would rebound. I also took a sip of that Go Juice and read the false Prs. and all those pumped up statements that were 100% (BOOLSHEETtmCrow3.) And lost all I put in this so called (leading chemical technology Co.)
However if those that can live with what they took by deception. I can live without it. Ole 88 has took to many hits in the past to take another sip of that wonderful Go Juice. I'll just set on the side lines and watch the game from here. Now that my glass is empty it remains on the table with the bottom up.
As for as opinions go. Everyone has one. I paid good dollars for mine and it is worth just a little more than 0.02 cents. For the third time around. JMHO. I sure would like CDEX to break out with great news about how well the show is going or went. Who knows?
Maybe they sold a couple million of something. It would be a first for this epic flop. It seems this (Leading Chemical Technology Co.) Always trends down as opposed to up. imo. I think the compass in the gizmo is still broken.
Hope your plan works and GLTY.
dw.
Even worse... here it is only ONE month from 2013 and that LADY
cannot take the loss for tax purposes. She has to wait until 2014 for that.
Had it been a CHAP 7, she could have at least a loss to offset any profits or gains that she had in 2012.
As it is, no nothing except some worthless untradeable shares.
And no doubt some rather sincere regrets that she EVER advanced CDEX any credit.
MY SINCERE APOLOGIES john!! I DID SAY that CDEX would be grossly over priced at ONE cent, didn't I? Shame on me. I meant a half a cent!! One ha'penny a share is way more'n it is worth.
But someday it will fall to its truer worth.
SP does not move unless there are trades driving it one way or the other. No trades = no movement.
I SAY grossly OVERPRICED AT one cent. I have seen better SCAMS selling at .001.
CDEX is not yet proven that they are gonna be even a moderately successful FLIP. Much less a good candidate for a long term trade.
They are using what looks exactly like MP writing their pitches
and he last bumped up a P&D years ago with his "CONTRACTURAL SALES" IN EURASIA which may have resulted in a small jump in SP.
As soon as the money runs out..March or April..I cannot see CDEX staying around much longer. Somebody might buy the shell..if congress and the President does not put a halter on the PENNY SCAM BIDNESS.
CDEX has lost just about all the support of the existing shareholders, judging from the response on the forums.
Who can blame them?
CDEX providing almost no useful information to them. Just vague BOOLSHEET from the PRs and much less than useful information from the couple of TOUTs left.
Even more proof is in the lack of share trades.
Actually SOMEBODY DUMPED just over 6000 shares.
Got leben cants per shuur. Same thang as DUMPING OVER 60K at 1.1 cants a shuur afore the RS.
Downward slant no doubt.
AYE, and the few that claim to believe their crap lack a certain sincerity.
SASS came back to visit..soon got enough and cleared out.
If ART was still living, I doubt that even he could stomach the current TOUTs. Nor could INET.
If I thought it possible that CDEX is on an honest road, I would advise CDEX to muzzle them.
CDEX being the inveterate scam that they are cannot seem to be anything but what they are and have always been. A share selling scam.