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 are lots of PEMCOs. GOOGLE PEMCO LLC and learn not much. LOL!!
But they have been closely associated with CDEX.. Still are.
Crow3 Member Level Saturday, 03/30/13 10:31:48 AM
Re: None
Post # of 44334
One news item is that PEMCO LLC signed a contract with XnE Inc
To operate such properties they have in the oil Bidness. Closer look reveals that XNE is likely a pump and dumper with a very low sub-penny SP. Which does not say much good about PEMCO LLC but perhaps to be expected from a group closely identified with CDEX. Not wishing to paint all with the same brush....but what IS, IS.
PEMCO is an LLC. Delaware. Not Nevada. Not publically traded.
Membership is not open to public in general but by invitation.
Members put in shares or money in varying proportions... and ownership is divided according to the input of each member, like a partnership.
A perfect vehicle for the purpose of the ANGELS. There is no requirement to publish the ID of the members.
Somebody has to pay the costs.. Lawyers and book-keepers, etc.
Why below 10 percent?? Over that percentage, the SEC requires certain reports be made. But no worry. Mr MOTTA, the "MANAGER" is on the job.
You LUBBOCKERS have all but got CDEX regardless of what else happens... Wear it in good health, I am "sure" LOL that yall gonna take care of ALL the shareholders!!
That loan agreement, PEMCO and JB.. Assures that CDEX will default.
Now what "PEMCO" (LOL) will do with the company afterwards...
You are right I do not know. But it is yours, you LUBBOCKERS.
or will be come march or before.
Unless somebody pokes a stick into it but why should anybody do that?? Who really cares at this time?? Not me. I am just wait and see. And the time is not long.
I said that the number of shares owned by "PEMCO" (LOL) has increased. It is now 9,929,637. CAREFULLY just under 10 percent the magic percentage. (9.9percent)
http://ih.advfn.com/p.php?pid=nmona&article=64436925
I was wrong about the state where Mr. Motta is located. It is OHIO not Penn. Otherwise, dead on.
http://ih.advfn.com/p.php?pid=nmona&article=64084996
HERE IS THE ANSWER FROM BACK IN 2013. The LUBBOCK Angels hired Motta to represent them as a group under the name of PEMCO. Since then more shares were added. Likely from JB and/or the DOC.
http://ih.advfn.com/p.php?pid=nmona&article=64436925
Mr. Motta represents PEMCO which is the Lubbock Angels group. But the DOC has a pile of his very own shares outside the group.
Obviously CDEX, dependent on the IG4 for fame and fortune is deceased. The IG4 is just a joke, though not very funny.
So what are them boys up to?? And what are they afraid of that is preventing them from just doing it?? Why dump another half million to keep JB and his small crew alive for another month or two??
Maybe March or beyond before we will know...if ever.
Is there method in the madness??
I know because it is my business to know. I am a long time, certified and genuine BASHER of SCAMS. And CDEX is famous if for nothing else as being a long drawnout, perpetuated SCAM of the lying misleading and share-selling sort.
Well over a decade, nothing useful coming out. Many a person looking perplexed as he counts his remaining shekels from his losses to a belief in a SCAM...and an obvious one at that. But often clever and sneaky.
well good. lOL!
Note that CDEX has made numerous false claims that their "PRODUCTS" are fixin to be best sellers.. and that the IG4 was LAUNCHED several times.
Also that the have "NUMEROUS" entities interested in buying that really non-existent IMAGINARY device.
Just the sort of things that the SEC were citing in their lawsuit against some CO-PERPS...
Here is indication that the SEC is at long last peering at the Penny Scams.
http://www.sec.gov/litigation/complaints/2014/comp-pr2014-256.pdf
Even though CDEX lacks the authorized share numbers that it takes to actually run a good P&D... They might want to heed...
I "BASHED" this Tragi-Comedy years ago and was recently astounded to learn that it was still going on... and down. I quit following it years ago.. My insincere congrats to Hanna and her bunch of CO-PERPS for holding on long after I expected it to be history. I was even once a Co-Modulator...LOL!!
Try not to hold your breath.
Both History and the present circumstances are against the IDEA that CDEX will ever have success...
Not enough shares out there to do that, anyway.
Need about a billion shares authorized. Outside of FTD scams, which could be dangerous, they need to get ousted to the PINKS and away from SEC eyeballs.
The shares now, truly worth much less than a penny each, are not gonna stir up the FLIPPERS and do a good P&D.
BOY HOWDY!! It is a wonder that the BOOLSHEET did not cause a four alarm evac notice at that conference!!
STREETIE complains that the Bashers are not giving CDEX TIME to develop the IG4. So we need to bleeve that ole GORDY JB will now finally getter did. He got him yet another DOCTOR a-heppin him.
What happent wid dat bunco that he didn't send off for proof testin?? BETA testin, it was named.
AH yes, now I get it. It will be done NEXT YEAR!!
But like tomorrow, next year nivver cometh.
HIGHSTAKES did that SP change...with very little help from CDEX..
Yes it is a scam. Never meant to be anything more that that. A share-selling scam ever since the original founder loaded up his auto trunk with share certs and visited baseball parks with tales of Lunar pumps African cattle and edible cottonseed to kill cotton patch hunger.
Then later the ELF and the ill-fated VAAMP, a story over the heads of the potential suckers. Nobody understood the VAAMP.
A fateful phone call from the environs of Boca Raton and the scam accelerated. No more selling out of the car trunk. Internet works more than a wee bit better.
And here we are today still with no salable products but with all that preceding stuff long gone and the IG4 all that is left.
Ain't ever sold any and never shall. And I must say.... not selling shares so hot either, nowadays.
An interesting question. Suppose CDEX defaults on the loan. Can JB as CEO, Chairman, and a member of the PEMCO/ANGEL class sue to recover the money??
Yeah, I know, unlikely for sure since CDEX has no real assets. But just suppose CDEX somehow comes into a couple million... Maybe someone offers to buy them out and the BOD accepts.
JB in general as CEO/Chairman can sue only if he is fired. Otherwise, he would be suing himself.
Can PEMCO/ANGELS, a group that includes JB sue CDEX?? Only if the said group first ousts JB from membership in the group. Same reason.
Suing oneself has been tried, and even reached the appellate level, before being dismissed as frivilous.
Bottom line, If the PEMCO/ANGELS want to foreclose they gotta first fire the CEO/CHAIRMAN....or oust him from their group.
Volume up some today. But all were sells. No buys.
But not significant anyway.
A really old argument often given so long as LOCH/CDEX has existed.
Many prominent people have served on the BOD or offered favorable comments re the failed products.
Even one ex-four star General served twice.
Small appliance repair is better than total idleness, I suppose.
Cdex has no other product or service that sells.
Don't know about you but I take rather a dim view of prominent people lending their names and reputations to obvious SCAMS.
SORRY Dr. JOHN.
Marketing IMAGINARY DOO-HICKIES is not sustainable. But it takes comparatively very little money to manufacture such as exists only in the minds of SCAMSTERS and in fairy tales. Just write it up in PRs and bruit it about. Build a DEMO MOCK-UP or three. Get somebody to WOW it.
LIES and HOT AIR are not the stuff of the real marketplace.
The real marketplace takes a product that will do useful stuff that is actually needed at a price that potential users are willing to pay. Takes a heap of money to manufacture and market it. More than less than a half million.
CDEX has no such product. CDEX ain't got that KINDA MONEY.
Wonder if DOKTERA COATES is gittin paid in shares????
Reckon ole JOHN can figger out why the IG4 ain't working??
Einstein said that IMAGINATION holds INFINITE possibilities.
While application of the real is FINITE.
But the latter takes real work to bring it into a useful thing with real applications. CDEX is woefully short on people that have the disipline and knowledge to make something useful. Their focus is on selling shares to people that will believe in possibilities that do not exist. Hocus Pocus the rest. Do false demos.
The IG4, being wholly IMAGINARY is not subject to logical analysis. But one can IMAGINE many possibilities. Such as was done by CDEX pseudo scientists.
Trouble is, one can bring an IMAGINARY DOO-HICKEY into only IMAGINARY USE.
How is OLE JOHN on IMAGINATION???
Completely agreed. But please take care not to post religious stuff here. I would hate to see such brilliant posts deleted!!
RIGHT. PEMCO and the CEO has just bought CDEX and put up no immediate money. Line of credit only. But the line of credit, less than half a million, in woefully inadequate to market anything, much less the IG4, which has already loaded with the baggage of lies already published. And the company has in effect admitted that it is of at least questionable value by the act of
pretending to have units out for beta testing.
They can claim CDEX by simple foreclosure. No chance at all that CDEX can even pay the monthly interest... ask GEMINI.. LOL!!
Or they can claim assets by forcing Chap 7...And at the same time, conclude any and all pending liabilities owed creditors and shareholders...
Either way, the LUBBOCKER ANGELS + JB alias PEMCO owns CDEX. Wear it in good health BOYOS!!
If there is any intention to try to market something credible, maybe you should disclose what that thing is. The IG4 has no credibility.
So keep bringing on the PRs. I very much doubt that there will be any SP run-up to amount to anything.
Whatever credibility CDEX might have had re going off to New York for a loan failed in fruition when you loaned the money to yourselves. ERGO..few believed, none have acted by running off and buying a passel of shares.
Pemco is naught more than the LUBBOCK bunch of angels under a group alias.
There is no intention of trying to market that Imaginary IG4.
Merely a hope of generating a P&D based on a loan to themselves from themselves.
Got an OHIO lawyer to complete the sm0kescreen. So far it has been a solid bust!!
Generates what amounts to a tornado confined inside a tower.
Imaginary physics, much like the IG4...
But like the IG4, based on some real things. Colder air tends to fall warm air rise.
But violates conservation of energy. Just as the IG4 violates other known principles...
I wonder is THIS is wunna CDEX co-perp projects??
There is LIMITLESS IMAGINARY POTENTIAL!!
So long as they do not have to prove anything.
So far they have proven nothing except that they are a passel of share selling SCAMSTERS.
And the "new" regime is not very competent even at IMAGINING stuff.
Does CDEX provide free PIZZAS for the crew and maybe some soda water to wash them down??
Need some NEW NEWS!!
I hear the stock market flopped backwards but CDEX held steady with the amazing 14 shares volume and unchanged bid and ask. Is that positive news??
BOY HOWDY!! We better get us summa them shares whilst they still cheap!!
I smell smoke. Is that a smoke screen I smell??
Got some old news coming out. So where is the NEW NEWS??
How much money did CDEX get at that great meeting in NOO YAWK??
If any.
And what'll they do with it if they did get some??
OK prolly got some salaries to catch up and doubtless some R&D and some bonuses and Consultations need paying for. Rent. Electricity, water?? Pack Rat repellent? Roach and bed-bug spray??
Surely all of that, but what else??
A few other things that were promised by LOCH/CDEX TOUTs and advocates that NIVVER HOPPENED...besides David Christians offer to use the ELF on a live, unmarked mine field.
ART ABRAHAM promised to give it six more months and then re-evaluate. But before the second or third round, he expired.
Raiderman always predicted that next year for sure the boat would come in and all LONGs would be rich. We still waiting after over 13 next years.
Good ole CLOSER declared that the first real clue to REALLY load up would come to those that watched the volume. He was a bit profane, but used the shift/number on the keyboard to express his feelings... !@$#%^&*()_. A bit distrustful of the numbers outa management he promised to get Forensic Accountants to fix the book-keeping.
And lastly, JAMMON wanted to run his uncle, a Judge, for CEO. He forgot to mention that his uncle was dead.
But I second the motion, a dead Judge would make a fine CEO for a dead company, CDEX.
Bully good idea. People the world over is afraid of the E-BOLA thing.
They once called it the three hundred yards disease. Which was as far as you could run towards a Doctor before expiring, once you realized that you had it.
Surely the genius CDEX perps that came up with the IG4 can Imagine up the notion that the DOO-HICKEY can detect it BEFORE it reaches the critically contagious level, and can do a quick cure.