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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Actually according to the annual report the shares outstanding was as of Jan 17 2012..not 31 OCT 2011.
1. If any of the debtor's securities are registered under Section 12 of the Securities Exchange Act of 1934, the SEC file number is
000-49845 .
2. The following financial data is the latest available information and refers to the debtor's condition on 10/31/2011 .
a. Total assets $ 437,895.00
b. Total debts (including debts listed in 2.c., below) $ 2,514,983.00
c. Debt securities held by more than 500 holders: Approximate
number of
holders:
secured ?? unsecured ?? subordinated ?? $ 0.00 0
secured ?? unsecured ?? subordinated ?? $ 0.00 0
secured ?? unsecured ?? subordinated ?? $ 0.00 0
secured ?? unsecured ?? subordinated ?? $ 0.00 0
secured ?? unsecured ?? subordinated ?? $ 0.00 0
d. Number of shares of preferred stock 6,675 4
e. Number of shares common stock 109,971,343 17,000
Comments, if any:
3. Brief description of Debtor's business:
4. List the name of any person who directly or indirectly owns, controls, or holds, with power to vote, 5% or more of the voting
securities of debtor:
GEMINI MASTER FUND, LTD 8.3%
JEFFREY K. BRUMFIELD 8.0%
Yeah, the assets are illusionary. But even so, the liabilities are far larger..like 4.something times. Aint no way that the shareholders, at the bottom of the pig trough, can come away with anything.
JB is lying trough his teeth to the SH calling him. No surprise there. He no longer has any control anyway. He cannot even break wind w/o asking the court for permission.
Thanky..wilco. Me LF wants me to help do supper. Be back.
Only thing CDEX could do is use a Valimed..of which they still have some in the LAB.
But check the date on that ASD debt...give them a call.
I think that they effed RS and them over..I have not studied all the details yet. They are just shareholders...not creditors..
Assets are probably illusionary..but they have to show the liabilities.. some are from years ago... They far exceed the expressed assets. Ck yr em.
It appears that there must have been a doo hickey in that tin box from ANALYTICAL SPECTRAL DEVICE INC
2555 55TH STREET SUITE 100
BOULDER CO 80301
for which they still owe...Uses UV. I wonder if ASD knows about that?? Can you inquire?
ANDERSON PAINTING CO
6210 S COUNTRY CLUB RD
TUCSON AZ 85706
APS-BOMC
Did the paint job. They still owe him a hunnert.
You could read LIAR in WADES EYES. No wonder he was nervous.
The phat lady is having a hard time getting her voice in gear. But soon enough she will warble like a Mocking bird.
CDEX is in worse shape than even we imagined.
AH YES..PARDON ME PLEASE....never trust a scamster. Even if he is your BESTEST FRIEND. Even if he comes riding in on a WHITE HOSS.
When you see the figures showing the present OUTSTANDING note the diffrence between now and when the last filing. See any difference? There are none. The retainer was paid by an uninterested party..25 K plus some filing fees. Either that PP purchse was never made or false info is on the filing..and that is a FEDERAL OFFENSE.
Not having read the fine print on the agreement in which RS and them other SIGNATORIES were paid off in shares..it is not clear if they are secured creditors or not. Or secured note holders of any kind. It would be cruel indeed to them fine peeple to get alla the shares they got declared worthless. CHEEZE!!
Looks like the last dance to me RA. At least CDEX as we have come to know and despise. If it gets outa BK it will come reorganized with a new name and trading symbol. No need to hang onto that one share you still have unless you want it as a wall decoration.
Often when a stock comes out of chap 11 it will dance beautifully. Waltz like a sumbich. New shares, new management and much less debt. One, KMART, even bought out SEARS not long after coming out of chap 11.
All obligation to existing CDEX shareholders will be cancelled by the court and become worthless except as bitter but instructive memories for those same shareholders. And a tax write off at the rate of 3K$ a year .
Since CDEX has no substantial market of anything except lies and hot air, it is not easy to discern anything of value coming out of the BK for the shareholders nor holders of unsecured notes.
BUT the new company INONITs will have a golden op to market those very same lies and hot air plus any new ones they can imagine up and sell. Using ALL brand new shares!!
Only thing is, they gotta get the BK court to approve any new organization. And GEMINI and MP..are most likely the only secured debter/shareholders..and would own the whole shebang.
Oh he done done that!! Put out a PR saying that he has done took steps to lighten the load of them dang debts..forgot to say in that dispatch that he was gonna dump the pesky shareholders too!!
Gonna streamline, he is. But also forgot to say what he is gonna do about MP and GEMINI..I suspect that THEY have seniour SECURED notes.
JB already put out a PR saying that he was takin steps to streamline stuph so as to clear the way. Forgot to mention in his dispatch that he was gonna screw all present shareholders and unsecured dept holders. OR TRY. That BK court may have a HANGING JUDGE in charge. In which case he would laugh them outa court, and fine them for filing. (PROBABLY)..
Also forgot to mention what to do about GEMINI and MP..CHANCES are they are SECURED CDEDITORS.
Not about to argue with you and if you wanta buy, soon you can get your price. It is seldom that existing shares survive a reorg. Even assuming that the court finds anything worth reoranizing..
Sorry son. Once filed, the die is cast. But you are no worse off. The shares were practically worthless already. If everone sells, the SP would drop like a rock to low sub-pennies.
Try to have them leave off loud perfume. I am allergic. Also, if they are into hair pullin..I ain't got much on top but do have a prolific beard. Tends to get caught in snags.
Yes, with all the pests outa the way, and immense funds coming in, the surviving company should thrive. We can form a cartel and corner the market on the shares. CDEX X will be ours!!
Just think. A G4b or G4c in EVERY POTTY!!
If the court allows them to reorg (approves their plan) whatcha reckon their new symbol will be?? How many of the present SH d'ye reckon will sign up for the dance?? If me and you go to the resultant party in VEGAS, may I dance with your wife?? Do you have a KILT so as we can cut a fancy rug in Highland garb??
If they put up an effigy of MP, can we punch it??
Above not any more silly than comments I have read today elsewhere.
CDEX!!! SO SAD THAT IT HAS COME TO THIS .....We shall miss it.
What really happened was JB and them decided to once and for all get rid of the pesky shareholders. And unsecured creditors.
But no matter how smart the LAWYERS..GEMINI has some even smarter..and Phillips IS a lawyer. So it ain't likely to be nigh as easy as that PR indicates.
I cannot believe that ANYONE can find Disclaimers harmless. And the more elaborate they are the more apt NOT to be harmless.
They are much more likely to be much nearer the truth than any amount of Puffing statements.
YEP..Griffin tried that..trying to scare people with a lot of regular shares or existing PP holders to buy more PP shares.
Worked somewhat..but not enough. JEN has said that was when he bought his PP.
I sorta wonder if THAT could work anymore. SURELY SOME though!!
Yep. I read my posts for hours, admiring my genius!! LOL!!
So tell me why you must think that CDEX will ever amount to anything?? You DO THINK SO, RIGHT??
Seems on the verge of BK to me. CDEX thinks so too. They say so in their filings. Do you ever read them?? Pay close attention to the disclaimers. EN DISCLAIMERS ES VERITAS..but only there.
Trades the past few days are so nearly even between buy and sell that it seems likely that they are mostly wash trades. They want to SP kept at or above 5 cents, but do not wish to attract attention by running a P&D at this time. A P&D would not do the company irself much good, although it could generate some profits for the traders.
I just saw a P&D ran by another company which had a promotor send out a deluge of emails..Ran the SP up to 2 Bucks. But the promotor got 600 K bucks for his trouble..he is very talented but attaches a highly elaborate small print denying everything he has just put into the colored part. (last i saw, the SP was way down below a buck and falling fast).
I doubt that CDEX can come with with the 600K. As before stated, they have to sell PP shares--Trades on CDEX does nothing for the company treasury.
Looks like the NSRS promotion is running slap outa stesm. BUYING OP?? LOL!!
The company in the person of McConnell reported that it received notice of default.
Did not confirm nor deny. Just said that it got notice.
Did not say from whom. Did say for how much..APPROX..
Someone said that CDEX will be here at the end of the year?? Sure about that? WHITE HORSES ON THE WAY??
Company already claims danger of Chapter 7.
CEO is an expert on CHAP 7 if nothing else. Been there did that 2 times??
The message was very clear to me. The MAN said that he wanted his money. Applying LOGIC, it is clear that he did not want to straight out say that it was a SCAM, since as a CHIEF ENGINEER he was surely instrumental in the construction of the SCAM.
At the least, he did not say it is NOT a SCAM...but he cited the non-performance of CDEX..which NOBODY can deny...CDEX itself says as much in their filings..In the context that suggests that it is a scam.
NOW I for one have LONG declared that it is a SCAM. And DIAMONT, who asked that question surely harbors the belief that I am right. So does most of the shareholders. Evidenced by their reluctance to post in defense of CDEX.
BUT today the other shoe dropped. CDEX did NOT pay up.
The analogy of the wee girl and BD cake does not fit. The science is real enough, but simply not reliable enough for a salable product. For limited application it could be minimally useful.
BUT Whatever, the market for it is NOT large enough to make any difference. The PHARMS were not and are not sold.
I do not believe it, but I grant that JB could have called some hospitals. Chatted about whatever. Maybe some that have tried out VALIMED. Could even have gotten some complaints. A suggestion or two.
But a whistle has been blown..A year ago or so, CDEX began KLUDGING around with the idea of the G4..built a new box to put it in, and lo!! the VALIMED G4 was born. Just the VALIMED repackaged. Like VALIMED version 1, 2, 3, . and so on..Just as we have been saying. USING the same tech..Fiddling around or KLUDGING about will not change the basic science. It is what it is..period.
The TECH and the intended use are not compatible enough to to be reliable enough to sell.
The same technology as CDEX has said they use more than several times. The whistle blower was not an ordinary employee but had a high level title. Any changes to the VALIMED are cosmetic, eg, the new tin box. Maybe a new signature or two.
If you know of any PP holders that wanta do the whistle blower harm, it is your duty to report them to the police. Otherwise, you are an accessory before the fact, if harm does come to him.
The VALIMED G4 will not sell enough that they should worry about it. Nobody forced them to buy PP shares. The whistle blower had a purpose in mind...get what CDEX owes him.
Glad to please..MI ENIGMA!! Howsomever that was nae an opine. It were a historical fack. At lease as mutch we can dig oot the facks,,,based nae sae mony on the wurds of the Perps..as their ackshuns.
One must NEVER, IF ONE wishes to avoid error, take the words of the CDEX Co-perps as a thing upon which to build veracity. Or Facts. Or truth. Or Baseball. Or apple pie. Or even sorry asssuperbowlgames.
Simple observation only need be applied. SPIN is in no way necessary. This is at least the second most transparent SCAM on the INTERNET.
Only one simple MAXIM. NEVER ASSUME AN HONEST MOTIVE OF THE CO_PERPS.
ALWAYS ASSUME THAT THEY ARE LYING IF THEY SOUND REASONABLE AND SINCERE.
That is how you avoid error..Mi Enigma..
THE FIRST MOST TRANSPARENT SCAM????? POLITICS!!!!
The best that one can expect from CDEX is that they sell a few MYTH guns and MAYBE lease out a few valimeds.
Any optimism expressed here or elsewhere re the eventual profitable result of CDEX selling anything except SHARES is really only a pipe dream. PIE IN THE SKY.
Since JB was apptd the CEO the only significant revenue CLAIMED by the Company is the money they got for selling some insiders a hot air non-existant distributership on Cancer related products..of which they have none and have no real plans to market. They have already converted the money they got into shares for the SIGNATORIES,,So that was really just a way to sell shares.
Unless they can sell more shares by some crook or hook, they will not get the money enough to market anything. UNLESS somebody decides to FINANCE them..How likely do you think that THAT is??
Sorry AULD CHAP..to reply to that message requires far more work than I wish to expend. And my message would NAE DOOT, be redundant..already expressed before.
CDEX recently got a PP sold..or so I heard. That should be a cause for celebration.. But even more so if that action sets off the desired action..an avalanche of PP sales. Some fellow claims to have went and bought a WHOLE MILLION SHARES!! D'ye reckon he KNOWS sumpin that the rest a yew are NOT PRIVY TO?? HEAVEN FORBID!! That would be INSIDER TRADING..
AND ILLEGAL!!
Surely he would NOT do that!!???
VERY wise DW!! Tossin good money after bad seldom yields good results!!
Especially with CDEX. Most whom have did that have done wound up with naught but a pocketful of regrets..and a chance to sell their holdings at a nickel or less.
A good CRAPPIE fisherman is far too wise to do that.
SEEMs that the posting is a bit slow lately..takes a wee while after the go button is pushed before the post appears in all of its glory!! I wonder why THAT is??
Well NOW...what is there if not NEXT year?? CDEX is not in position to make any large moves THIS year!! They sold some hot air to their INONITs.
Borryed more money from GEMINI..very little if any product sales.
Where would they get the money to build and market their MAIN hope even if it COULD do all the things they claim it can? Maybe get MP to finance it?
The record shows that there are very few if any PP sales.
They named it the VALIMED G4 for a very good reason. Because that is really all that it is. And they know it. Just a repackaged VALIMED..which has ALREADY failed at the market place. They are NOT brave enough to make an open claim that the G4 is truly different. Well, they have sorta made that claim...but they MALC-SPOKE it.
It has been revealed that the FLOAT increased by 9.15 million shares since the Sepember 2011 Quarterly report. From 92.01 million, to 101.16 million (ROUNDED).So where did those shares come from??
There is only one source. They had to come from the shares that WERE restricted and/or held by INONITs.
Quite a lot of dumping going on?? You do the MATH. 9.15 million shares OVER 5 months!! Remember that some of the restricted cost the owners almost NOTHING.
We are told that CDEX is moving FORWARD. If so, why sell at such low prices??
Do the insiders know something that we don't??
GOOD size runup..if the inevitable can be avoided for awhile...someone can make a quick flip. I have gotten PILES of EMAILS re NSRS.. Heavily promoted is a very large UNDERSTATEMENT...
There was no stock in treasury or cash when Mr. Brumfield arrived.
I see that as of Jan 17, CDEX has used up 9.9 + million shares of the 200 million that they added at the last SH meeting. Most of that accounted for by something OTHER than PP share sales. Like paying the SIGNATORIES off, paying the BOD, etc. So PP sales ain't going so hot.
Incidentally, there is a brief statement in the filing that JB gave back his 2011 salary in Jan 2012 to CDEX. I wonder if that REFEREE in BK over in CAL knows about THAT?? She does, if she has read the 10 K. Now THAT was SOOOO generous of him??
NO END TO THE SACRIFICE THEM BOYS have made for GOOD OLE CDEX!!!!!
AH YES, the next Q report is sooon gonna be due. We have been told that it will be a stemwinder!! They have 45 days from 31 JAN to file it. So that is MAR 15 or thereabout.
BTW, the FLOAT is not yet known. Exactly. But as of the last report before the most recent, the FLOAT was 92.01 million. If that figure is significantly higher now, it means that some insiders have dumped off some newly vested shares.
Having been informed by an "expert" that there ain't a gonna be much in the annual report from way last year, I shall not await it with "bated breath".
My exploration of it may well be limited to the perusal of the current share situation. I shall be interested to learn what the current numbers are re the OUTSTANDING and the Float. This will partially confirm whether they are selling any PP shares much and if people are selling many "vested" shares that they have gotten by hook or crook.
We have already learned that the infamous "SIGNATORIES" converted their
contribution of money to the cause through that fake "ONCOLOGY" bit. So the newly minted shares took that hit. And that certain members of the BOD picked up a few as compensation for whatever they did as board members.
So how many of that 200 million is left can reveal a bit that CDEX may not be ready to tell...yet.
ONE may expect the usual warning that unless CDEX gets ahold of some money, that they may have to go BK. We have long ago learned that the putative CEO is at least an expert on BK...so that may be a source of comfort to the shareholders...but perhaps NOT..LOL!!.
NO, I have NOT swallered a dictionary. I have learnt much reading the many comments of others here and there. Well maybe not so many.
Well yes, it is widely known that whatever patents if any re RAMAN was back awhile. It is in the PUBLICK DOMAIN, as is Electricity, dirt, oil, water, air, fire, and the ability to obfuscate. But many is the patents that have been applied for.. for doo-hickeys and processes USING RAMAN and the other stuff mentioned.. RAMAN is a bit different from the other natural phenoms because it requires special equipment to detect. And a smarter than average JOE to make the discovery. Highly esoteric. The average person has no need to even be aware that it exists. ONE can live a long and productive life blissfully unaware of it.
If CDEX through its brilliant scientist, DOKTOR WADE, and his new co-perp, Dr Whassisface, can find sumpin to patent re RAMAN, then by all means they can get on with it if they wish. They call that R&D in some quarters, as distinguished from its nearby neighbor in CDEX activity, P&D. One may hope that the R&D is more successful than the recent P&D,
which has fizzled out.
As you observed , MILADY SEA MERMAID, what CDEX wishes you to understand is written in plain language. What they hope you will not really understand but think may be good, is written in long and painful sentences full of OBFUSCATION. Not to mention MALC-SPEAK.
When CDEX predicts the future discount it 100 percent.
When CDEX describes the present discount it 99 percent. (Well, the BOX IS METAL, if not TIN. Hard to make pasteboard look THAT metallic. (re the IG4)).
Unsafe to believe much of anything from CDEX.
I see that they forgot to mention that their new Doctor lives in LUBBOCK, MATEY!!
Annual report due Monday. Read the above first. Then the report.
There is enough trading activity to keep the SP at or above a nickel. Obviously done by wash trades, mostly. There is not enough volume though, to support a P&D. New traders are not much attracted to CEXI.
But of course, CEXI trades does not do anything for the money situation at CDEX.
They will have to generate interest in PP sales by using a TOUTing service much like the one currently pushing a certain gold mining stock,
which is daily polluting my email box. But even that affects the CEXI trades more than any probable PP sales.
Any day now, the annual report is due. If it comes out as due, we MAY be better able to see how the PP sales are going. They are of course not reported on a daily basis as are the CEXI trades.