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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Seems "HONEST JB" had a hand in that stuff. Regardless of the excuses given for the CHAP 7, there is no reason to believe that I can see why MP would wind up hiring JB to run CDEX except that
MP wanted to be considered OUT and let CDEX go down under someone else.
Which is happening soon as the operating funds are used up.
LOL!! SEmi-strong volume. Or maybe dish-water weak volume. ANYHOW, better, better than ZERO volume!@#$%^&*()
Up a ha'penny any way. Gotta wait until Monday to see if the trend continues. Who knows? maybe next, a whole penny.
I see that the selling of shares is continuing. around 18K sold so far today. WATCH THE VOLUME!@#$%^&*()
YEP. Selling company assets for personal gain IS a bit of a NO-NO. But not if the money goes into the treasury.
But some prosecutor or Government agency such as the IRS, ETC, would have to take an interest and do a bit of an inquiry. Does not seem very likely. The potatoes are too small and rotted.
Those Creditors that were screwed in the BK could raise a stink but it is likely that they have turned their backs and written it off, nothing to be gained. Going to court is costly especially since they apparently agreed to the BK, as a vaguely possible future payoff. Those that did not agree could have a case, though, if it is worth the trouble and expense.
And since that OIL PATCH bunch is paying for it??? Beyond belief!!!
Mysteries and speculation.. But all should become clearer ere long. CDEX as we have known it has to get more money or it will have to pee on the fire and call in the hounds.
GOLLY PETE!! Some person has went and sold 20 K shares of thisyere great stock!!!!!!
VATCH THE VOLUME!!!@#$%^&*()_
And also, even if the propaganda coming outa SARASOTA is the truth, there is only a smallish niche market for the products.
Not enough to make the operating nut, much less make anyone wealthy. SHARES are "product", and the aim for the INONITS.
Not some esoteric doo-hickey that the public in general would ever know exists. Even if they could sell some. Which they cannot.
Shares are cheap and virtually unlimited in numbers. One can pay a small fee to the SOS NEVADA and get all they want authorized.
As I opined below.. their main affliction is NOT LIKELY STUPIDITY..
So they surely are aware that the damn IG4 is NOT gonna be the payoff vehicle.
Nor anything else that CDEX has IMAGINED UP.
Just how and how much JB fits into their plans, if any are still hot, hard to figure... FALL GUY?? not likely, JB is not stupid either. No reason to fall anyway. The FEDS have not shown much interest, not public interest anyway. But somewhere over in the AMEN CORNER, MP still lurks.
CDEX operating funds are fast running out...so there will be a time very soon, I think, that it will clear up. Maybe CDEX will go out with a whimper, not a bang.
AYE, I daresay too.
But that OIL patch bunch is afflicted with greed much more than stupidity.
They did have a plan of some kind when they put up all of that money before... and their DOC did lay out the 50K for the BK lawyers. As I have posted before, I suspect it has to do with going public with PEMCO LLC or the bio lab testing bidness, selling franchises. OR BOTH. Using the CDEX SHELL...
They might have abandoned that or put it off until JB gets outa the way...or still have it in the to-do plan. ??QUEIN SABE???
But JB and them have so badly stunk up CDEX that the plan is no longer feasible... Seems that they would need to let it go CHAP 7
and change the symbol. But since they are the only secured lenders they could just foreclose.
Which may be why they have a hotshot Pennsy Lawyer.
All of whch is just speculation. CAW CAW.
Trouble, is getting somebody stupid with money to buy those shares or lend money on them. That is very unlikely... it would take a much better salesman than any that CDEX has to get that done.
Even over in the OIL PATCH.
But at 6.5 centavos a share, it seems worth trying.
Yea, I vaguely do remember that Lucent contract. Did not cue much of a stir amongst the LONGs though. WITH MP writing their pitches
as he last Pumped up a MINOR P&D years ago with his "CONTRACTURAL SALES" IN EURASIA which resulted in a small jump in SP. Just got his potential Distributer to agree to sell some stuff in that area as a condition precedent to being named...as you said...a "CONTRACT".
LOL..most pizza parlors do not mop the floors. Which is part of their charm. Most people "send out" for pizza, after all, so no need to bust their butts cleaning up the floors.
But Nepotism being what it is, Junior likely has the job of straw boss while the CEO is over in CA lining up his next scam. Even Junior has enough sense to know that CDEX is in the short rows, and probably no sense in wasting time on the phone.
But being the cat in charge of "INVENTORY" he slap forgot to mention for the BK court those Valimed 3s lying about that his auld mon sold to the Kuwaitis. So for that reason, he is nae doot a valuable employee.
Class A common stock - $.005 par value per share, 300,000,000
shares authorized and 52,946,963 outstanding at July 31,
2013. From the last Q report.
So around 247 million shares are available for selling PP or for using as collateral for loans.
Lets assume that CDEX actually gets a contract to make and deliver a Valimed 4.
The buyer would have to front the money to build it, just as BAXA fronted the money to build the Valimed one, to their sorrow.
Either that, or some "investors" or distributers would have to
make an investment in CDEX using some form of real or imaginary
vehicle to justify the transaction.. like the "ONCOLOGY" one used before. Or make a share based loan, etc.
All of which would require an SEC report as a significant event.
Right ye are CAP'N.. Not that it matters here. We are all beating a dead horse here, as is obvious.
No amount of propaganda can cure the fatal disease of no operating money and no trust on which to base credit.
It was always headed for the inevitable end. So unless there is a way to be found to use the shell, the only real asset left, then it is likely finally over before very long. The Valimed 4 is not going to sell. And CDEX cannot operate even on a shoestring very long.
http://www.nactateachers.org/attachments/article/1546/Harden_NACTA_Journal_June_1975-7.pdf
LOCH was nae doot influenced to cottonseed flour to feed the hungry masses by that above cited 1975 article.
Like many another LOCH/CDEX "product" a grain of possible exists in the concepts.. Which is why the COMPANIES have persisted so long as they have.
But also explains why no product has been successful on the marketplace. A grain of possible is not enough.
To succeed a product has to sell.
It could be that if one wants to shop KUWAIT, they could get a Valimed 3. That is if one is ALLOWED to shop there, and willing to take a Kuwaiti version of it.
If it is any good, there are Engineers and scientists there employed that could make it even better by a heap.
CDEX lost control of that doo-hickey for good when they went to the junk pile and pulled out the remains, and sold them to Kuwait.
Very good. So he was not the only one in CA to go toes up. But he was not a survivor. Many more were the RE people in CA who not only survived, but prospered during that "terrible" time. In fact, a very slim MINORITY of RE people in CA took chap 7.
But be that as it may, CDEX has nothing to sell, no inventory to speak of and no true prospects. No means to build an inventory no manufacturing capability, and except for a few INONITS no source of capital and no credit. The web page is out-dated, no means of advertising except through free social media, a CEO who lives in CA only a small handfull of employees, and nothing to cite except that the CFO keeps good books and files SEC required reports on time.
MAINLY no money and ESPECIALLY no credit. No volume in share sales, regular nor PP. Cannot even get a PIPE loan.
If THAT AIN't DEAD it is surely a next door neighbor to it.
I turn my pore auld back for awhile, and to my great consternation, I see that someone is actually selling/dumping this tremendous company's shares!!!!!!
Now that is TOTALLY INSANE!! Don't we have the word of the CAP"N and STREETIE that thangs are sure to have a breakthrough soonest if not sooner, and that the IG4, the greatest imaginary invention in CDEX History, even going back to the LOCH days of infamy,will save the day.
Ah weel, I guess that it goes to show that one cannot predict much with any assurance.. especially when it has been made plain that Any News of ANY kind coming outa CDEX sparse as it is, with only the aforementioned exceptions... The words re pro CDEX here on this very forum and no other, is TOTAL BOOLSHEET...as always.
AND CDEX is truly dead... only awaiting the spending of the last few operating dollars.. and then oblivion.
Have at it to your hearts content, CAP'N.
That stuff has been published before for several years, and has done nothing to help CDEX credibility. In fact just the opposite.
As testified by the lack of volume in CDEX trades.
http://www.huffingtonpost.com/ethan-rome/big-pharma-ceo-pay_b_3236641.html
No recession in the BIG PHARMS HOUSEHOLDS. Esp amongst the CEOs.
So why can't they close the gap between what they charge for drugs
and what they can be gotten from so-called counterfeit drugs.
Then the counterfeits would most likely become much less common.
WHO says that they are a problem. No argument from me. My point is that the reason there are counterfeits available to start with is because there is MONEY in it. You remember, that old saw about the root of all evil.
A Med that costs pennies to manufacture can be sold at a large profit for one or a few bucks. Especially since the counterfeiter does not have R&D costs and large corporate payrolls to meet. No ads to pay for. No need to bribe Medicos to push their product. No need for salespersons to visit medicos with the briefcase full of free samples.
The real reason that counterfeit drugs can become a problem is the price cost of the "real" ones. Which is why the makers of the "blue" pill at 15 bucks a pop gets their panties in a wad
when someone comes up with a chemically identical pill at a buck a pop made in asia or South America. Or somebody in a pill factory in North Carolina.
Diverting a narcotic by a medical employee for sale or own use is stealing, a different crime. Substituting water in place of the narcotic can only be done if the narcotic is administered by injection. There are other ways to administer the narcotic, by pill or transdermal methods.
Valimed cannot do pills. If there is a signature for the narcotic, valimed can sometimes detect if the liquid form is at reduced strength. PROVIDED IT IS RETURNED TO THE PHARMACY AND IS THERE TESTED FOR POTENCY. NO DOUBT A RARE OCURANCE.
But if a counterfeit is chemically identical to the "real" thing, no way Valimed can tell.
Even if CDEX did get a "CONTRACT" for a G4 delivery, how would they fill it?? Takes MUCHO MONEY to do that!! Or they could try to DUPELICATE the DUPE they pulled on BAXA. Make a distributer pay for manufacture!! Or just dash over to the Oil PATCH and pass the hat??
Didja ever hear of throwing good money after bad and converting the good money into worse money??
Seems I heard that CEXI no longer exists!!! Did you hear that??
Maybe dead???
HOWZE it goin with the latest SHOW?? Any contracts yet... Or is even ONE a record number still???
Yep..... And guess who??
So why the BK ??
What about the upcoming BK 7?? OR.....
Are you passing the hat over in the Oil Patch again?
Define counterfeit.
Yep.But CDEX has really been dead all that time. Has not sold anything much, except lies and hot air. .
It ain't worth a hoot iffin hit don't sell..CAPN. Even yall Florida Yankees know that much.
So CDEX `aint dead after all.?????????????????
Got even more shows comin up????????????????
Well OK.
But YAWN I really do bleeve alla that!!!!! Esp about the shows.
JB can take MAMA and SONNY to Disneyland offa some of the few remaining dollars in the poke.
Do you have plans to attend the funeral?????
Should not be far off.
Yep. got it!! No activity on the shares, no activity at the "shop".. you finally got it!!!
so is cdex dead yet. Nope. But is turning green in the gills, and gasping for breath, but not flopping. Not enough energy left to do much flopping.
So answer my original Q. Is JB and Wade at work and if so what are they doing?
You should answer that you have no idea if you don't know.
Which I suspect is the case.
I asked you. You are the one saying that the CDEX office is totally functional and busy. Insofar as I know, JB has not published that story.
So you refuse to answer a very simple Q?
Is JB at the office right this minute??
Is Poteet??
If so doing what??
OK!! The putative CEO hath spoken! Feel good aboot hisself, don't he??
Recon he coulda used his web page to a done it, but choosin this forum prolly gets more hits.
And a proper signature or alias would make it even better.
The tie is pretty clear. Pemco LLC participated in the Signatory thing.
A smoke screen was put up by using the PEMCO name and using a Pennslyvania Lawyer, for whatever reason.
A bit late to try to Bluster through it. I never said that the PEMCO LLC is HQ in Lubbock. Is that what you meant??
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=104492354