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Cdex CEO back selling XXXL pants?
You mean this?
Cdex SCAM Boohoo
Learning a very little...
You said it yourself, here you said this didn't you?
CDEX same SCAM different name.
Retired? Hell bells, is that what it's called? Well we know that old Dodi Handy is working again, almost to the day that the Hangover/elite group cashed the checks from the sucker-a-thon.. Not sure yet about the other two, but we'll find out. Interesting resumes with so many connections to explore.
http://www.wallstreetwriter.com/#!about/cjg9
http://www.zoominfo.com/p/Kathy-Addison/1277590708
http://www.zoominfo.com/p/Steven-Handy/431926719
CDEX SCAM investors BEWARE
Cdex SCAM to funny
So the insider verbage is to funny? Say, do you know how far the street in this map is from the cdex CEO's home? Maybe we should hear from someone who knows. Which home that's the question.
https://www.google.com/maps/@33.0613481,-116.8504068,17z
Cdex CEO "surfeit"
Love that word crow. However jeffy is to dull to get it. A cdex insider posting on this board has a lot of explaining to do concerning his past words and actions. I say let-em talk. Cdex is a SCAM. It's the only way these kind of people know how to make a living. Posting those same old stories about how he knows this and the rest of us know nothing is quite amusing and just reconfirms that who ever is funding the SCAM cdex is just as stupid as the CEO.
The team is working on the James Hock angle. His involvement with Wallstreet 1-2-1, Elite Comm, and Hangover-Elite, etc.. As all here know bumfield took the bait in the loan-a-thon, not surprising.
CDEX SCAM, clues for the clueless
So here is some more help for the weak minded out there about Cdex.
Have any of you every heard a word about John McConnell, director of outside sales?
It's important for several reasons. First he is supposably in the cdex "security division". For those who don't know this, cdex has five total takers in this SCAM. Dividing up five individuals into "divisions" is just nonsense and all part of the SCAM. Second, cdex and it's insider here made a big deal outa John Coates* joining the "team" , even poteet spoke up with welcoming comments.
Now, why do you suppose that Coates' name hasn't been added to the page below?
Well if you have questions you can call or email Hangover/elite until you're blue in the face, cause they don't exist anymore. They got the money from loan-A-thon suckers like bumfield and left with it. Cdex was cdex-ed!
http://cdex-inc.com/investors/management-team/
bumfield had his comments added to the tired website recently, but no change to the "team" page.
Loved the excuses for bumfield's continuing life failures in his letter to shareholders.
http://cdex-inc.com/investors/ceo-corner/
(* P.S. Coates was just hired as a prop for the loan-A-thon , lipstick on the pig)
Typed words about the cdex SCAM
Identity theft warning!
You are right the cdex CEO bumfield is still hawking houses in Ramona where there is street called Penn.
STATE OF CALIFORNIA
BUREAU OF REAL ESTATE
The license information shown below represents public information taken from the Bureau of Real Estate(CalBRE) database at the time of your inquiry. It will not reflect pending changes which are being reviewed for subsequent database updating. Also, the license information provided includes formal administrative actions that have been taken against licensees pursuant to the Business and Professions Code and/or the Administrative Procedure Act. All of the information displayed is public information. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes.
License information taken from records of the Bureau of Real Estate on 2/20/2015 5:33:32 AM
License Type:
BROKER
Name:
Brumfield, Jeffrey K
Mailing Address:
20312 RANCHO VILLA ROAD
RAMONA, CA 92065
License ID:
01146008
Expiration Date:
09/22/16
License Status:
LICENSED
Salesperson License Issued:
09/23/92 (Unofficial -- taken from secondary records)
Broker License Issued:
09/23/00
Former Name(s):
NO FORMER NAMES
Main Office:
20312 RANCHO VILLA ROAD
RAMONA, CA 92065
DBA
1st Choice GMAC Real Estate
ACTIVE FROM 09/23/2000 TO 11/24/2003
Access One Real Estate and Mortgage
ACTIVE AS OF 04/01/2010
Branches:
NO CURRENT BRANCHES
Affiliated Licensed Corporation(s):
01292269 - Officer Expiration Date: 07/08/04
1st Choice GMAC Real Estate Inc
OFFICER LICENSE EXPIRED AS OF 07/09/04
01292276 - Officer Expiration Date: 07/16/12
Jeff Brumfield Enterprises Inc
OFFICER LICENSE EXPIRED AS OF 07/17/12
Comment:
08/29/96 - H- 2276 SD
03/31/98 - SUSPENDED FOR 90 DAYS-STAYED FOR 2 YEARS
03/31/98 - H-2276 SD RELEASED
NO OTHER PUBLIC COMMENTS
>>>> Public information request complete <<<<
http://www.neighborcity.com/CA/agent-profile/2980988-Jeffrey-Brumfield/
http://www.mymoneypro.org/Real-Estate-Company/Jeff-Brumfield-Cal-Pacific-Mortgage/
Cdex's bumfield to gladly step aside
Just simple facts?
I wonder if this post is still apropos concerning cdex's CEO involvement in loch-harris. Could you comment on these simple facts?
Sea urchin:
I will give you a few details of who I am.
I do not own one share of stock in Cdex. Nor ever did.
I never owned one share of stock in Loch Harris.
I was not even around when there was a Loch Harris.
I earned a scholarship to a college by running cross country.
I am older than 23, but younger than 30.
I have met many people over the last few years that are involved in CDEX.
My uncle was a highly decorated war hero. He gave his life for the United States of America.
I like the products in this company, but feel very strong that the leadership and the current bod and employees are poor at best.
I have learned a lot over the last few years about CDEX.
I am most certainly a female.
Do you like the new poster, lol
ps
Cdex's haunting "spirits"
Oh I' am sure you know what idiots. One shouldn't have to look any further than say CDEX's CEO or operations manager.
Besides cdex's outcomes are public knowledge, the web site. SEC filings, statements made here by insiders, etc.. Those outcomes for the last 3-4 years indicate that idiots are in charge at cdex.
I myself wouldn't consider foreign swill anything more than that. Besides why would one look in the Rhineland, when there are so many fine vinegars available in the land of fruits and nuts at say Country Wine and Spirits , several locations in Ramona I've heard. At least the Kobe's Coprophagy explains it's taste, perfect for the bumfield's really good things, enjoy.
Cdex bumfield involved in Loch Harris
You miss the point entirely, you "claim to know this and that and then say "it's a simple fact" . Well bumfield was involved in loch Harris, it's a fact I know blah, blah, just a simple fact. See how ridiculous statements like that are. We are all free to say what we want on this cdex ihub site. Your statements have no proof backing them up. Of course some of that changed for all users here on a road trip to Ramona now didn't it.
Cdex SCAM for the clueless
Just more evidence that the CEO of cdex was NEVER in charge, ever. One guy has always been the core of cdex, period. All the moves have originated with that guy, all of them. The master of making money off others, at the expense of others. The producer of worthless toys. The convincer, the moral integrity guy. The holy guy from on high. The keeper of your monies and investments. How long has it taken for some idiots , believers, the slow, to come to grips and get A CLUE!
Can't wait for another fire sale on Ebay! And where will the stock price go from here? If I were one of a few of the last holdouts I know what I would do.......DUMP IT!
CDEX SCAM drive thru
Hang on gang, we still have until the end of March. The end of March is the official end of the selfie loan. Then we will see who picks up the scraps. Some idiots out there will feel the holy spirit move in them especially if poteet get's to talk to them. I can hear it now. Just one more year of my wages and this thing will make millions. Worked on the weak minded before, should work again. bumfield on the other hand will probably succumb like all the other facilitators of poteet's wages to the drained and unneeded lifeless fools that they were.
Hey jeffy, you and your needs a lot of help kid, repeat this, "would you like fries with that?".
Crow I'm sure you are right. The bottom of the page 364th District reflects an event prior to the post here on Ihub. http://lubbockonline.com/stories/071806/cou_071806007.shtml So.....
CDEX's name calling
For years the only one willing to speak up for Cdex was the chief buffoon his self, in disguise of course as "I am most certainly a female", oh and captain "I lost my ass-ets".
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44483767
A careful examination of those writings will reveal that much was said concerning the bashers of Cdex and it's CEO. I was going to post a compilation of the name calling that was used , name calling directed toward anyone who had a differing view about the business affairs of the SCAM cdex and it's SCAMSTERS. However since the penn name revelation it appears that the pundits have finally crawled under a large rock somewhere in Ramona CA for good.
Cdex "certain obligations" FIRST
The cdex SCAM double tongue, this from the SEC filings:
The proceeds from draws upon the Line may be used for working capital, or any proper corporate purpose, as well as payment of certain obligations of the Borrower, including a portion of the accrued and unpaid salary of the Borrower’s Chief Executive Officer, Jeff Brumfield
And this from the letter to shareholders: See any difference?
secured an aggregate $430,000 line of credit from the Company's CEO, Jeffrey Brumfield, and one of CDEX's largest shareholders. Funds drawn against the line will be used for general working capital purposes and to support the manufacturing and marketing of the ValiMed™ G4 system
However, until we are able to launch the ValiMed G4 system completely
,our ValiMed G4 provided valuable information, leading us to conclude that the product required additional updates
,we are very close to commercialization and implementation of our ValiMed G4,
the necessary changes to advance the Valimed G4 out of beta mode and toward a final product.
we feel that the product is very close to its final form and ready for commercialization in the upcoming year.
Cdex Stuck on Stupid
Here is a video from three years ago that sounds very much like the CEO corner letter posted by bumfield late last year and repeated in the latest filing. All three props, the G4, the blow dryer and the SATA drive flashlite are highlited in the video. Instead of enlarging the bottom line of cdex and shareholders, looks like bumfield's waistline and his wallet are the only things that have significantly increased in size since this videos appearance. Listen closely as he tells the gullible what Cdex is in the first part of the video. Security division, what crap! Man I thought he would go cross eyed reading the script...
Cdex "dishonest liars"
Selling extra large men's clothes and real estate doesn't make a CEO of a Tech company. But who said cdex is a Tech company?
Cdex is an income SCAM for the insiders. Most of the supporters who invested in this didn't have a clue until right up to losing their ass-ets.
The "CEO" was just as stupid, lost millions, before leaping over to the income SCAM job(look at his reported salary for this "enormous operation"). There is even another guy from Tajas that must be on his third million in loses and still hasn't figured it out. A combination of money and holier than thou types got caught up in their own greed, mostly holier than thou types. That's how the holy word spread, cdex for saints (saints with money of course). All were believers in the good man, the doctor with moral integrity, vomit. Their holiness is explained over and over in the chronicles of lousy "pen"- manship, but then what did you expect from a GED.
The moral integrity people are ALL present at Cdex and funding the company to boot. The truth always out last the dishonest and liars.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108030969
Cdex income SCAM
They obviously had it written back when they posted the words from bumfield in the cdex CEO's corner. Doesn't it just amaze that there are fools out there willing to believe the same dribble and lies year after year. My favorite is this one:
The Pocket ID2 is a pocket sized hand held device that currently detects visible and prosecutable quantities of methamphetamine, with other drugs such as Cocaine, Heroin, OxyContin and Ecstasy expected to come in the near future.
How many years has that been "expected". This all comes down to what products does Cdex HAVE? None, zip, Nada! Just the expectation, the promise, year after year after year. This is an income SCAM for the insiders and the chief idea man for generating that income is still at it.
Cdex phone disconnect.
Well, I don't think he's going back to be suckered again(although he is that dumb). If he did, like I said before he should take his dunce relative with him which will dumb the whole presentation down.
Oh, say , when do you think the cdex BOD and bumfield came to the conclusion that they needed a line of credit from themselves? Was it at the NIBA Sucker-A-Thon? Or could it have been when they tried to call Dodi Handy to find out about any new info on their loan paperwork, any calls? I bet that's when cdex figured they had been cdex'ed, when the phone recording message about the HangoverElite telephone being disconnected happened.
Cdex SCAM continues
http://ih.advfn.com/p.php?pid=nmona&article=65284706&symbol=CDEX
Quotes you can take to the bank, well you can't, but the Inonits do.
we have no arrangements or commitments for ongoing funding. If funding is insufficient at any time in the future, we may not be able to grow revenue, take advantage of business opportunities or respond to competitive pressures.
Except to have to desperately lend ourselves money to keep the SCAM afloat.
We presently have no plans for developing in-house manufacturing capability beyond aggregating off-the-shelf components for our initial and limited production units into a final assembly.
Because most of the stuff we had was sold on Ebay by one of our employees.
We cannot be certain that the marketplace in general will widely accept and utilize any of our products. If potential customers do not accept and purchase our products, we will be unable to generate revenues and become profitable.
And so far that has been the case with every one of our toys and props.
We also realized a decrease in revenues from Pay Per Use revenues of $35,000 and sales of our ID2 Meth Scanner product of approximately $5,000.
Only cause one of our no longer available CCT users wised up and dumped us. 5K? Was that one unit or two sold over the last 3 years?
In 2016, we anticipate the launch of the ValiMed V5 (“VG5”)
Sure ya do. The current list of suckers believe that don't they.
The Pocket ID2 is a pocket sized hand held device that currently detects visible and prosecutable quantities of methamphetamine, with other drugs such as Cocaine, Heroin, OxyContin and Ecstasy expected to come in the near future.
This lie continues to work , expect to see it in 2016, 2017, etc.
ValiMed G4 provided valuable information, leading us to conclude that the product required additional updates. From beta feedback, we began to make the necessary changes to advance the ValiMed G4 out of beta mode and toward a final product.
Right, 2010, 2011, 2012, 2013, 2014 and now 2015, same story, suckers!
Due to the established growing needs for our technology and given the fact that we are very close to commercialization and implementation of our ValiMed G4,
Growing needs, hilarious! They are so very close to commercialization, final form, contracts, orders, blah,blah,blah!
we expect to partner with a large teaching hospital in the Midwest to help us build the oncology library. We anticipate this endeavor will start in the fourth quarter of 2015
A little something for the diehard cdex supporter, GET A CLUE!
Cdex headed to New York again?
Yes you're right. Ole Malcolm Philips has been gone for a long while, only poteet is left from those days. In fact the doctor has been at the swine trough slopping since the very beginning. The last quick view of the meth detector(the one that looks like a SATA hard drive case not the wall board sniffer) was at the NIBA loan-a-thon. It's on the table in the photo of Dodi Handy explaining that for another 5K dollars she can get them upstairs into the lap dance room. Terrell, Coates and bumfield stare on in wonder. The photo is at the very end in the upper set of photos.
Say, the NIBA is having another conference in March of this year, wonder if bumfield is willing to double down? Na! Those same folks who had "adequate sophistication and understanding of financial matters" will be there. All are well trained to spot BS artists and BS,..... the cdex gang.
http://nibanet.org/
http://nibanet.org/conferences/niba-september-2014-new-york-ny-conference
http://cdex-inc.com/cdex_inc_to_present_at_national_investment_banking_association/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107335445
Cdex Meth detector dead years ago
Cdex Gen Five for suckers
Right and just 60 so days for the selfie loan to mature. Certain obligations, you know. Maybe one will cancel the other. No need to file when the place is empty. The new owners will probably get to keep the cardboard and tape Gen Five show model left behind. Or it may have several contracts already, be in beta testing and Blah, Blah, Blah.
Cdex, these things take time
Just hold on out there! The cdex products are on the way! 2016....no make that 2017! I would load up at this price for the stock. So in say five years wham-o!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108030969
"The moral integrity people are ALL present at Cdex and funding the company to boot. The truth always out last the dishonest and liars."
CDEX boots bankruptcy bumfield?
If the g4 "required additional updates" and cdex "began" to make necessary changes to "advance out" of beta testing, "toward" a final product and "until" we are "able to launch". Then what the heck is the 400+ thousand dollars for over the six months of the line of credit? Especially when you consider a mythical g5 is "currently on pace" to launch in 2016.
Better go back and reread the 8K about "certain obligations" to pay bumfield. To help with that, reread the first paragraph of the "to our valued shareholders" crap from bumfield. This time read it as if it were a so-long from bumfield and see if it makes more sense.
http://cdex-inc.com/investors/ceo-corner/
To our valued shareholders:
I would like to take some time and reflect on 2014, as well as provide some insight into where the Company is headed in the calendar year 2015.
First, I would like to thank our shareholders for their never wavering support. Secondly, I would like to thank the Board of Directors for their direction, counsel and steadfast vision for CDEX and its technology. Their guidance has proven to be invaluable to CDEX and to its shareholders. Lastly, I would like to say thank you to our team of contractors, suppliers, and employees. Their patience, commitment, and endurance, have proven vital in our push toward success in the chemical detection and validation technologies for the healthcare and security markets.
If he goes let's just hope that he takes the dullard with him.
P.S. Wonder if they(the BOD) are aware of his "handle" on a certain blog you all may be familiar with?
Cdex's Dodi Handy Cashes out!
So, here you are cdex investor, still being directed to a web site, phone number and email that no long exists. Yet the CEO of cdex talks of " proactive investor relations outreach effort, keep an open line of communication with the investment community.".
http://cdex-inc.com/investors/investor-relations/
Our Investor Information Center is designed to keep you informed of material developments at our Company and to provide transparency into our business operations. We are committed to providing excellent service to our shareholders and to the global investment community. To that end, we encourage you to share your questions and comments with us. If you require information that is not already posted on our site, please let us know. You can reach our investor relations counsel at CDEX@hanoverelite.com or by way of our Contact Us page. Thank you very much for your interest in CDEX and for your ongoing support.
Sincerely,
CDEX INC.
Jeff Brumfield
Chairman and Chief Executive Officer
Investor Relations
Hanover|Elite
222 S. Magnolia Ave.
Sanford, FL 32771
Phone: 407-585-1080
Email: CDEX@hanoverelite.com
Oh and here is from Dodi Handy's new gig as a WallStreetWriter, Writing and Editing guru.
From 2001 through the end of 2014, Dodi served as President, CEO and Managing Principal of Elite Financial Communications Group, LLC, an award-winning IR/PR firm which was ultimately merged with a leading capital access advisory firm, Hanover International, Inc., in November 2014. (From February 2012 through November 2014, Elite and Hanover operated as a joint venture partnership known as Hanover|Elite, for which Dodi was the co-managing partner.)
http://dodihandy.brandyourself.com/
JV Partner at Hanover|Elite
February 2012 - October 2014
Founder, President and CEO at Elite Financial Communications Group
December 2001 - October 2014
For some real fun go back and look at the faces on Terrell, bumfield and Coates at the NIBA as they speak with Handy at the loan-a-thon. Bet they never suspected that their investor relational guru was about to take their money and run. Now that is justice! SUCKERS
http://nibanet.org/conferences/niba-september-2014-new-york-ny-conference
Photos from NIBA New York, NY, September 15 – 17, 2014 Very last photos in photo gallery, top photo.
SO WHERE IS HANOVER INTERNATIONAL? Is it still in Hock's house in California? I Know go to the NIBA website and Email Hock.....
http://nibanet.org/about/niba-board-of-directors
Cdex Shareholders being Suckered again.
I've noticed that several posters have posted/sticky noted the Cdex Shareholders update from January 12, 2015. I wonder if they read it? There's a whole paragraph that just screams BS!
How is it that the CEO of Cdex can publish this letter in/on the cdex web site on January 12, 2015 without knowing that Hanover[Elite had vaporized back in October of 2014? My guess is they are and were aware of the demise of Hanover[Elite. An 8K was issued by Cdex on October 16th 2014 announcing the 450K line of credit from Pemco/bumfield. That 8k came 16 days after Hanover's website went black.
Hanover's black out was 12 days after the NIBA loan-a-thon. In any case how is it that the CEO of Cdex can speak to Hanover[Elite maintaining a " proactive investor relations outreach effort" when he knows that it's vapor and has been for 104 days? Would you not have been concerned as a CEO that your investor relations firm had disappeared?
Of course they at cdex knew. They knew when Dodi Handy and James Hock pulled the plug on their respective website's, that something was up. Thus the line of credit. Now remember that Hanover[Elite sponsored a lot more than just cdex at the NIBA loan-a-thon. The buy in was in the thousands to play. Cdex I believe dropped close to 10K after all was said and done.
If you did your homework back when I posted about Dodi Handy's history you knew that she was involved in Wall street 1-2-1. Wall Street 1-2-1 invited it's clients to attend "gatherings" like the loan-a-thon with the lure of big loans, connections on wall street, etc., cost was in the thousands for the unsuspecting but hopefully start-up and struggling businesses. Once the money was in the hands of the "Handy", poof WS 1-2-1 disappeared. (more on Hock, Handy to come in latter posts)
So, cdex and bumfield knew when it published on the 12th of January 2015 that this paragraph was and is BS. But what the heck, some will never get it!
January 12, 2015 Shareholder Update
Due to the established growing needs for our technology and given the fact that we are very close to commercialization and implementation of our ValiMedG4,, CDEX has engaged Hanover International as its Capital Markets Advisor. Hanover International will maintain a proactive investor relations outreach effort, keep an open line of communication with the investment community and help guide us as we build our investment banking relationships, which could prove to be pivotal in our quest to accomplish our business plan and our near term growth strategies.
http://cdex-inc.com/investors/ceo-corner/
CDEX SCAM SCAMMED!
Let me see now who was it at the NIBA, sponsored by Hanover+Elite. Some one help me if I miss anyone.....Dr Jason Terrell, Dr. John Coates, jeffy bumfield and let's not forget the other sponsor Mary O'hara of Griffitts/O'Hara(she goes back a long way with cdex.)
Cdex CEO a SUCKER!
Hey Crow, looks you're right Hanover+Elite vaporized! Gosh it happened just as the show was over for CDEX at the NIBA, hilarious! No worries you can still find ole Dodi Handy running another shall we say "enterprise" right here. Change of hair color too. You know I bet when enough suckers are soaked then WallStreetWriter will vaporize and end up on Dodi's resume to.
http://dodihandy.brandyourself.com/
http://www.wallstreetwriter.com/
Cdex GONE Daddy
Not a big surprise. I did more than a few posts back when cdex got in involved with Hangover. Anything run out of someone's house that purports to be at a "player" in the corporate business world is more than likely NOT! But hollow heads, loons, and suckers are easy prey for such schemes. You may recall my post showing the Google map of this guy's home(j.e. hock). Did a map of the home that cdex sent the 6k dollars buy in for the pay to play in the N-I-B-A, can't recall right now where that was, but you get what I mean. And I know most will recall that hole in the wall that Hangover is working out of in Florida. Gosh, that's right Coates runs his "business" out of his home.
Led by James E. Hock -- broadly recognized as "the entrepreneur's consultant" and current Co-Chairman of the National Investment Banking Association, Hanover International has advised hundreds of micro-, small- and mid-cap companies since its founding in 1990 with defining and implementing effective mergers and acquisitions and institutional shareholder relations strategies.
Here is one of my post's......
09/17/14
Cdex's paid witnesses
It also explains some of what is going on. Cdex hooks up with Hanover, who hooks them up with Hock, who hooks them up with Coates. Hanover pushes cdex to the NIBA, like wall street 1-2-1. The money from the share sales fund Coates and Terrell to speak for cdex and pays for the expensive buy in (registration fee to a house in the south). The speakers add some credibility to an other wise lame claim of legitimacy of cdex. The CEO of cdex and the paid witnesses will pretend that cdex has something worth millions. The millions will be used to let the inonits off the hook and pay the inflated salaries of the SCAMSTERS. When that runs out bumfield will do what he knows best, bankruptcy. In the meantime shareholders will believe that the g4 is still on the way. Coming sometime in say 2016.
P.S. have you noticed that this thing is being done outa peoples homes or hole in the wall offices. Some folks will never get it.
We'll have to wait for the return of the traveler to respond, to hear his story of events.
(the traveler being bumfield his self, using his "pen" name)
cdex G4 show display prop for sale
Non working of course, contact jeffy bumfiled some where near Penn street in Ramona CA, 92065.
http://cdex-inc.com/investors/ceo-corner/
Cdex believe it or not Way back machine.
Boy I thought I recognized a familiar prevarication in the cdex reflection of 2014. The ole final form story as told to the court back in the bumfield caused cdex bankruptcy. Here is the quote:
Investors rush to throw money away on Cdex!
Look at that volume! 11 Shares! What a show of support by all the diehard loons for the kumbaya words from the CEO of cdex jeffy bumfield. Come on 2017!
As they say, boo da digger, keeping it real, buzz out.
Cdex making connections?
You don't think that this might the time for a "new" CEO at cdex do ya? Wonder if they the cdex BOD have been reading the stock blogs? Wonder if they know how to read a Google "street" map of southern California?
Oh and look perhaps for an announcement like , due to our inability to secure continuing financing cdex has been forced to declare.......just like the bumfield cdex bankruptcy, forced to, right.
Cdex between the lines
To our valued shareholders:
I would like to take some time and reflect on 2014, as well as provide some insight into where the Company is headed in the calendar year 2015. First, I would like to thank our shareholders for their never wavering support.
Secondly, I would like to thank the Board of Directors for their direction, counsel and steadfast vision for CDEX and its technology. Their guidance has proven to be invaluable to CDEX and to its shareholders. Lastly, I would like to say thank you to our team of contractors, suppliers, and employees. Their
patience, commitment, and endurance, have proven vital in our push toward success in the chemical detection and validation technologies for the healthcare
and security markets.
For Gods sake, let's hope this is bumfield's acknowledgement of his complete failure at being CEO of anything greater than fruit stand. Hopefully the Board of Directors have asked him to move on to work comensuate with his skills, ditch digging comes to mind. I was really wondering why Pemco would lay out a deal for "certain obligations" , that is paying off bumfield. Well my guess is that after the total blow out at the NIBA loan-a-thon the folks on the hook for the pay checks and R/D monies at the small studio in Tucson have finally had enough.
2014 was an exciting year for CDEX and its technology. Our ValiMed G4 formulary, which consists of all diversion drugs was completed for beta testing. We also began our efforts to incorporate an additional 40 high risk drugs into the formulary that would be beneficial to the ValiMed G5 patient safety
platform that is currently on pace to launch in 2016. While in beta testing, ourValiMed G4 provided valuable information, leading us to conclude that the product required additional updates. From beta feedback, we began to make the necessary changes to advance the Valimed G4 out of beta mode and
toward a final product.
Yep, the product required additional updates. Yeah like your own stuff inside. I have been telling you this now for a year now, "hang in there 2017 is your big year!".
To aid in the upgrades of the ValiMed G4, CDEX expanded its technical team to include John Coates, Ph.D. as the Technical Director for Spectroscopy Products. Dr. Coates, a globally recognized spectroscopist and instrumentation expert with 40-years experience in the fields of applied spectroscopy and
analytical method development, is charged with guiding the ongoing development of CDEXs spectral management systems for medication analysis and validation, with specific focus on achieving optimal performance of the ValiMed Medical
Validation System product line. With Dr. Coates on our team, we worked with our OEM manufacturers to improve the specifications of the components in our system, modified some processes, expanded the capabilities of the system, and with his efforts we feel that the product is very close to its final form and
ready for commercialization in the upcoming year.
Wow! OEM manufacturer, what's that mean to you? Does that mean the heart of this thing is say someone elses Raman machine? Coates was added by cdex in August of 2014. So in less than five months the distingished said doctor has been able to tell them what they couldn't figure out since 2010. I don't know that sounds like a hugh waste of investor monies for the last four years to me. What suckers!
Due to the established growing needs for our technology and given the fact that we are very close to commercialization and implementation of our ValiMedG4,, CDEX has engaged Hanover International as its Capital Markets Advisor.Hanover International will maintain a proactive investor relations outreach effort, keep an open line of communication with the investment community and help guide us as we build our investment banking relationships, which could prove to be pivotal in our quest to accomplish our business plan and our near term growth strategies.
Established growing needs? You must be freaking kidding me! The fact that we are very close to commerialization. Again, you must be freaking kidding me! Guide us as we build our investment banking relationships, which could prove to be pivotal in our quest to accomplish our business plan and our near term growth strategies, you mean the "could prove" part is telling us what we already know, that cdex didn't get JACK at the NIBA! I told you they should have taken sean bumfield and dumbed the the presentation down by a factor of 100.
As for an update from our Security Markets division, we have continued to sell the ID2 Meth Scanner at a slow and steady pace. With opportunities presenting themselves in New Zealand and Australia, 2015 should prove to be interesting for our Security Markets division. However, until we are able to
launch theValiMed G4 system completely, we will handle the sales of the product as they are needed. We will look to more aggressively market and promote the ID2 Meth Scanner product line after the ValiMed G4 product launch.
First this one always get's me, "security markets division"? What a complete load! If you read between the line on this one I think you can see that the ID2 toy is and has been done for a long time, done as in no one is interested.
With the steady flow of inquiries and continued growing interest in the ValiMed G4 system from hospitals nationwide along with the feedback that we have received from various investment banking firms, I am very optimistic that CDEX is ready for a break out year in 2015.
Oh please! Feedback from investment firms? What like not only no, but hell no! Cdex has no, ZERO products! For God's sake get a CLUE!
As you probably know, we cannot predict the future with certainty. Many of the thoughts expressed in this letter are forward-looking statements under the Private Securities Litigation Reform Act of 1996 and as such are subject to
risks and uncertainties. You should read this letter in conjunction with all of our information available on the SEC's website at href="http://www.sec.gov/">www.sec.gov, including risk factors included therein.
I damn sure would!
Cdex paychecks, not products!
I agree, that go's to the core of what has been described as a prop (the g4) by many here. All of cdex's past supposed products, if they did make it beyond the prop stage have been investment failures.
Let's just take the cdex leadership's word when this was said back on 02/26/10.....This team is not about padding their pockets at the sacrifice of those of us willing to invest additional dollars.
Oh wait if we believed that we would be suckers too.