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It is comforting to read that the CDEX promoter on this board is acknowledging his touting as hearsay.
That is beneficial for newbies that are uniformed about the CDEx scam. One wouldn't want them to take such bias, unsubstantiated information for face value.
"No hype on bogus pr's, as was the norm from the loch days and first 9 years of Cdex."
- pennstreet
"Cdex moved pass the Penny Stock scamster stuff, when a true business man and leader was brought in by pper's."
-pennstreet
Hearsay is touting information posted by peeps concerning the CDEx scam that cannot be substantiated. Zero confirmation. Zippo. Nada.
Hearsay is not a "simple fact" as one CDEx tout would like honest shareholders to believe.
The ID2 was also plagued by a thing called H2O or moisture or condensation- call it what you want. That's most like why it was only tested in the dry, arrid climate of Arizona and failed miserbly when tested at that used car lot in Washington.
It also lacked the necessary specificity for meth which is the nature of fluorescent technology.
Speaking of hearsay, I wouldn't give a wooden nickel for anyone that continously posts hearsay on this board.
For example, saying that PP investors did this, don't like that or are investing more money is 100% worthless hearsay. And if one considers the source and obvious motive it becomes even more ridiculous.
Hear's something we know for a fact. There was one PP investor which we all know as 'jennifur' that invested twice in CDEx. When asked if he'd do it again he said no way. And that was before his investment was wiped out by the bankruptcy R/S.
There's a real fact.
Your spot on Amanita, Brumfield is continuing the honored tradition of both Boone and MP by misleading the public with his grossly erroneous expectations and bogus hype IMO.
He should do the right thing and give a public explanation for His actions. I've already suggested this in the past.
Hearsay from pennstreet that he's already given an excuse to PP investors and hospitals is exactly that, hearsay. Besides, it demands a public explanation in the same manner as the false expectations and hype were originally disseminated.
As it stands, the only reasonable explanation is the ploy was used to close PP sales. Education or no education, how else could a CEO be so wrong so many times?
Close but no cigar on telling the truth...
"No hype on bogus pr's, as was the norm from the loch days and first 9 years of Cdex."
- pennstreet
Yes, Loch/CDEx has been and on-going scam from day one.
"Cdex moved pass the Penny Stock scamster stuff, when a true business man and leader was brought in by pper's."
- pennstreet
No, CDEx has not moved past the scam stuff and Brumfield should be more accurately described as a true failure of a businessman with his forecasted 'expectations' considered by many to be nothing more than hype to reel in unsuspecting PP investors- in other words his 'expectations' are garbage.
All shareholders have been virtually stripped of their holdings with the only chance of even recovering a small fraction of their investment hinged on yet another revolutionary product just around the corner.
BOHICA! Bend over, here it comes again.
Those "great expectations" from Bumfield were the selling of PP shares if you ask me. It is pretty obvious at this point that CDEx was no where near meeting the expectations that Bumfield misleadingly claimed in the press release.
Looks like Poteet played right along with it as well. I'm shocked! LOL
PP investors have a right to be mighty ticked off which I'm sure they are.
It's certainly not like the Loch days where the perps could make money on planned pump-n-dumps. Since those times they've had to rely strickly on finding PP investors willing to throw their money away.
There is no more open market play on this obvious penny stock scam.
"Errors may occur using only a fluorescence process to identify a sample...
The truth always comes out. No wonder Valimeds were allegedly returned from hospitals and are no longer being manufactured or sold.
What a joke, a real company that is ISO9001 certified would never allow a flawed product to enter the market, especially a product that is suppose to ensure patient safety. That's what happens when you're a fly-by-night scam and have no independent third party validation.
We've all watch this happen many times with this penny stock scam company. Eventually the truth always rises to the surface.
Valimed, another failed CDEx product! Put it in line with the ELF, EM-1 and the ID2 Meth Gun. All designed to sell PP's to uninformed Suckers.
Pennstreet, are you replying to my past regarding Bumfield and his misleading CDEx PR's that some (like you) want to ignore?
"I would argue that the use of the word "misleading" is certainly misleading, to say the least."
I agree, it would probably be more accurate to say that the PR's were false and misleading to say the least.
Some might say that they were intentionally false and misleading PR's to secure PP sales.
Would you like a few examples of what I believe were false and misleading statements in the Bumfield PR's.
You can then apologize publicly to the PP investors on behalf of Bumfield. You can tell them that he fooled you.
As I said earlier, none of the CDEx promoters working this board want to comment on the Bumfield's misleading PR's.
Can't blame them! LOL
No CDEx stock promoter wants to comment on the false and misleading Bumfield PR's. It's one thing to error in the anticipated progress of a new product, but to do it in every single PR can hardly be by error.
If Bumfield was concerned about gaining the trust of shareholders, he should have corrected his false and misleading PR's after it was clear he was in error. Instead he continued misleading investors PR after PR.
CDEx (a company on the verge of Chapt. 7) desperately needed funding to survive, it appears that they embellished the PR's to provide compelling news to close PP sales. That is not something that can be easily undone by later correcting the PR.
This should be a red flag warning to all investors:
------------------------------------------------
"No hype on bogus pr's, as was the norm from the loch days and first 9 years of Cdex."
"CDEx moved pass the Penny Stock scamster stuff, when a true business man and leader was brought in by pper's."
-pennstreet
------------------------------------------------
The facts certainly suggest that Bumfield has continued to operate CDEx exactly like his predecessors, nothing but hype and bogus PR's.
Pennstreet almost had it right, CDEx was a scam and continues to be a scam with the same old penny stock scamster stuff.
Amazing that anyone would believe a word that CDEx (Bumfield, Poteet... etc.) says without complete 100% verification.
Thank you Highstakes.
Nothing can be worst than the first BS patent CDEx was granted for what they wanted investors to believe was for a revolutionary XRF instrument. Remember the x-ray window they claimed allowed them to detect landmines using x-rays! ELF and the EM-1
The patent was titled System And Method For Adapting A Software Control In An Operating Environment.
That patent while being completely worthless as IP, was invaluable in saving all the scamsters culos, including Poteet.
The claims of the patent cleverly did not require the nature of how x-rays can excite and fluoresce the target molecules to even be considered. That's not what the patent was about, it was completely misleading IMO.
The "software control" could have just as well been describing a "death ray" or other irrelevant "operating "environment".
Once again, Poteet was an active participant in the whole XRF scam including the patent. He was fooled by no one.
Of course, if an independent organization is going to test an iG4, CDEx will actually have to build one that works as advertised- a 100% impossibility!
Capnmike really shouldn't be trying to promote CDEx based on the same old quotes (many years old) from professionals that probably have little or no faith left in CDEx's iG4 rant. It just makes the situation look desperate
And there is still an organization out there that has been waiting to test the iG4 (years) but CDEx won't even return their calls.
News on that front would be worth posting.
'The VALMED ONE could tell about returned narcotics. But that subject is of small interest to the Pharmacy. Largely invented by the hype from CDEX."
That is of course very true, what failed product hasn't the CDEx scam hyped?
As pennstreet has warned, Loch/CDEx as been nothing but "bogus PR'as and product hype"!
In 2010 (the beginning of CDEx's desparation years), Bumfield really raised the hype to a new level with his introduction of the iG4, a product that didn't exist. That's when it was plain to see the CDEx scam was alive and well.
Then capnmike introduced a link to the iG4 operator's manual (with an introduction to FFT- a mathematical technique used in all Raman spectroscopy software! LOL) to perhaps help seal the deal for those PP investors on the fence. I found that intriguing since I've never seen a company produce an operator's manual before the actual product exists. I mean, how could they, unless it was the manual from a spectometer they bought to make the iG4 prop.
Yep, Bumfield was desparate to get the ball rolling back in 2010. That required some serious truth bending, some cooperation from CDEx promoters like capnmike, and the participation (and dream machine vision) of Wade Poteet- the bread-n-butter man.
Maybe that's why MP allegedly threatened the other scamsters that he was going to take CDEx private. If he didn't get his way he was going to spoil it for everyone!
How could Poteet, the bread-n-butter man work is magic then? He'd been a wasted talent.
"Like the other valimed boat anchors, no large numbers will ever be sold."
At this point in the CDEx scam I'll have to agree with Sir Crow and say they aren't going to sell even one. At least not the iG4 that they've advertised, a watered-down version maybe, but the dream machine we read about in their bogus PR's- ABSOLUTLEY WITH 100% CERTAINTY NO WAY!!!!!!!
Pennstreet is once again being the all-knowing spokesperson for CDEx. He makes up whatever fits his agenda and calls it "a simple fact" with no proof whatsoever. That's called hearsay and is nothing more than worthless dribble.
5.YOURS-- It follows that the chief scientist, Wade Poteet, was fooled by both The B-Boyz and MP as well. Is that his excuse too?
MINE-- No , that is not correct. Mr. Blair fooled Dr. Poteet, and the B-Boys, and according to the SEC, over 30 others. But ole Henry did get found out.
That's his story, "Poteet was fooled by Blair." Poteet was too busy in the lab to know his reports were being falsifed in PR's, that's why he didn't report it to the SEC." "Poteet was fooled by MP" Blah, blah, blah.... Too funny, the same lame excuses for Poteet for over 12 years. I guess someone's gotta cover this guys rear end at any cost, he's the bread and butter man, without Poteet, CDEx is history.
Funny stuff, but all worthless pennstreet hearsay. It's not changing anyone's opinion that Wade Poteet is a knowing participant in the on-going CDEx scam. The only thing such ridiculous excuses do is reinforce those opinions. A simple fact.
Gee, I suppose Poteet was also fooled when Blair and Poteet worked side-by-side at OSEM (Optical Systems Engineering and Manufacturing) prior to their involvement with Loch. Blair was the president and chief engineer while Poteet allegedly was the "astronomer". So Poteet was fooled by Blair the whole time that they worked there as well? How many years was that? Sure, got it , why not! LOL!!!!!!!!!!!!!
I wish I could have got away with using that excuse when I ran that stop sign last week, "Officer, the stop sign fooled me, it's a very, very bad stop sign."
Thank you Crow, obviously those that choose to work at CDEx and knowingly participate in the scam are all crooks.
Those that come up with one lie after another attempting to make excuses for the crooks are naturally crooks as well.
LOL!! What a funny story!! Bravo, bravo! LOL!
Reminds me of Kidinsight's "Absence of Malice" story which was proven to be a flat out lie! LOL!
Yet another flat out LIE! Bad boy pennyinsight.
Wade keeps the money coming in, without him, CDEx would have to revert back to scamming investors with solar pumps and edible cotton seeds like the old days.
It's no wonder penny tries to pump him up all the time, he's their bread and butter.
Some funny hearsay from a true CDEx stock promoter:
"Cdex moved pass the Penny Stock scamster stuff, when a true business man and leader was brought in by pper's."
-pennstreet
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70301956
"A true businessman and leader"
A true high school drop out?
A true- twice failed and bankrupted businessman?
A true leader of what? The Boys and Girls Club of San Diego?
Both Bumfield and Mark Baker?
Pennstreet's attempt at trying to put Bumfield on a pedestal is hilarious!
Speaking of not having an answer to a question, here's some I'll ask you again.
Reference:
Where RS Pennstreet admits that Loch/CDEx has been nothing more than a scam:
"No hype on bogus pr's, as was the norm from the loch days and first 9 years of Cdex."
- By RS Pennstreet
"Cdex moved pass the Penny Stock scamster stuff, when a true business man and leader was brought in by pper's."
- By RS Pennstreet
************ No. 1 most important *************
1. Did you inform the Lubbock PP investors that you knew that both Loch and CDEx had been a scam before they invested their money?
2. Did you tell them that you were not only fooled by Boone and Baker, you were also (according to you) fooled by Malcolm Philips for almost 9 years as well?
3. How do the funders know that Bumfield can be trusted? What's to prevent you from just saying that you were fooled yet again when their money is gone?
4. How many of your Lubbock investors are still willing to give CDEx more money? LOL! Yeah, right.
5. It follows that the chief scientist, Wade Poteet, was fooled by both The B-Boyz and MP as well. Is that his excuse too?
"You just don't have an answer for how Dr. Poteet has impressed so many, do ya, lol."
Says who? You? What a joke, that's nothing more than pennstreet hearsay.
"It is not so hard to understand. When the SEC and and the FBI and funders ask questions, they like to here answers. And Dr. Poteet always answers the questions asked by all."
So what, he answered question, does that mean he hasn't been a knowing participant in the Loch/CDEx scam? Of course not. As always, your answers are totally irrelevant. That's how I know that I'm typing to RS Pennstreet... well that and the intelligence of your post. LOL!
"Did you forget who you are talking to?"
Talking?
I could be typing to a number of different peeps all posting under the 'pennstreet' alias. First there's Ms. Pennstreet that likes to type with the yorkies in her lap, but her style is easily recognized.
Then there's at least a couple more, one of course being RS and it is RS that I'm replying to now.
You've watched a telescope being built? Good for you. What's the first thing you did when your dad got it mounted on the tripod, look at the moon? LOL!
Don't try to be technical, even when someone tells you what to say, you're not very good at it.
Kapeesh?
The most obvious explanation is that the lubbock oil patch investors were fed a big line of BS! Remember, CDEx was a desperate little company on the verge of complete liquidation. They had to come up with a whopper! That is probably the reason why Bumfield told the story about all the wonderful things that the "magical" iG4 could do when he first introduced the concept in a PR. He was baiting the new investment trap.
Of course, once CDEx comitted themselves to such a fairytale, they had to keep on laying down the BS heavier and thicker to keep the story moving forward. Eventually, they had to start downgrading the capabilities of the iG4, but only after investors had taken the bait.
Just to illustrate how this is the Loch/CDEx MO, revisit a past CDEx propectus (no doubt crafted by MP) which forecasted 50 million dollars in sales within just a few years. That's huevos grande!
My guess is some investors smelled a rat and have pulled out from any further investment (the smart ones), while others have questioned the whereabouts of the magical iG4. This has forced CDEx to supply reasons for the delays, or as some might put it, they have had to tell new lies to cover their old lies.
So to answer your querey, IMO there are still some investors out there that are either dumb, naive or just have more money then common sense that just haven't figured it out yet and continue to invest based on pure BS.
Excuse me Crow, I could have made it short and sweet and said, "They're good BSers and there's still easy money out there!"
Actually, I'll answer one of your totally irrelevant question regarding the CDEx.
"Have you ever watched a real telescope getting built? I didn't think so. LOL."
Wrong quickdraw, I have, and my educated guess is that you have not.
I was involved in the assembly of the Keck II Telescope on top of Mauna Kea on the big island of Hawaii. It had the largest mirror array of its time. The Keck II together with the Keck I made it possible to use interferometery when viewing the heavens. The Keck telescope was used to view the location of the missing heat sheild tiles on the space shuttle as it passed in view.
I am an expert at what I do.
And it involves science, not being a crook.
Penny,
"Well, one would know if Dr. Poteet was a willing participate in the bogus press releases had one been present to here the questions, now wouldn't one. LOL."
Not true at all, the facts of actual events do not occur in a courtroom.
"A dark room with a lap top is so very far from the court room and the real action, wouldn't you say. LOL."
Really? Why do you type in a dark room"
The rest of your questions are both irrelevant and stupid.
Where pennstreet admits that Loch/CDEx has been nothing more than a scam:
"No hype on bogus pr's, as was the norm from the loch days and first 9 years of Cdex."
-pennstreet
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67689575
"Cdex moved pass the Penny Stock scamster stuff, when a true business man and leader was brought in by pper's."
-pennstreet
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70301956
It is apparent to most readers that the scam has not changed. CDEx has not moved past the pennystock scam stuff Once a scam, always a scam, the wise old saying is certainly true here.
Bumfield (the true businessman and leader of one CDEx LOL!) Has lied to investors and the court on several occasions. This is what a penny stock scam does when trying to secure sucker money from uninformed PP investors. This is what Loch/CDEx did and, evidently, is continuing to do. This is what a desperate CDEx had to do to secure PP money when they were on the verge of going Capt. 7 bankruptcy. CDEx has been telling a whole new set of whopper lies.
The fact that our angel CDEx promoter, pennstreet, is trying to elevate the status of an uneducated, failed businessman as a corporate leader should immediately raise a red flag! In reality, the only positive thing that can be said of Bumfield is that he has submitted the SEC filings in on time. How utterly sad when that's the only positive thing that can be said when trying to promote the CDEx "corporate leader"?
My question to pennstreet is this, were your PP investors aware that CDEx was a scam when they invested their money? You have made it quite clear that you have been aware of it all along. Do you say to them, "CDEx was a scam, but don't worry, it's not a scam anymore."
I suppose it's not your fault if they haven't seen through the newest set of bogus PR's and hype disseminated by Bumfield. They shouldn't have trusted the information coming from a known scam. How stupid is that? If you never informed them that CDEx was a scam they still should have at least done their DD, right?
And then there's Poteet, he's certainly becoming much more active in supporting CDEx and their failed products. As a scientist, doesn't he know that the products will never perform as advertised? Doesn't he know that the advertised product upgrades will never happen? Did they bump up his salary to compensate his for his new supporting role? Afterall, he does this for the money right, there's no altruism.
Just how far will Poteet go for the almighty dollar?
It seems is me that it continues to boil down to the same question concerning Poteet. How could he not know what's going on? Would he do the honorable thing and walk away from CDEx if he knew that investors were getting ripped-off or would he play dumb and just cash his checks?
There are just too many aggravating circumstances involving Poteet with this scam I don't believe can be explained away. They convince me that the odds of Poteet not knowingly participating in the CDEx scam are astronomically small.
As Amanita said, when you peel back the layers of the CDEx onion Poteet is always at the core (paraphrased).
I wonder how Poteet feels about working for a uneducated liar like Bumfield. What does Poteet do when Bumfield lies to investors about the status of the iG4? Does he ignore it as long as the lies can bring in more sucker money to pay his salary or does walk away from the obvious scam as an honorable person would be expexted to do?
Let's look back and see what he did when Dr. Blair was the inventor of the ELF and Poteet was brought in to work with him.
Poteet, having worked with Blair earlier at OSEM (Optical Systems Engineering and Manufacturing) knew that Blair was not the inventor but apparently played right along with the lie and allowed Blair to be the inventor until he had to take over the inventor position when the whole scheme backfired on the scamsters.
So is Poteet honest or does Poteet ignore the obvious lies that Loch/CDEx tells investors as long as he gets his pay?
Or, was Poteet just too busy in the lab to know all the lies that is Loch/CDEx? LOL
There's much more dirt about Poteet and the Lch/CDEx scam story.
Let's all go to the lobby and get ourselves a treat, then we'll look a little further into Poteet and the Loch/CDEx scam.
Poteet answering all of the SEC/FBI questions has nothing to do with whether he's a willing participant in the Loch/CDEx scam or not.
Pennyhopper, is the only defense that you have for Poteet? LOL!
All the aggravating circumstances that is the history of Poteet's involvement in the Loch/CDEx scam dwarfs your petty excuse for him as we will soon see.
But what does that have to do with CDEx?
So what, Wade and his partner buddy, Harold may or may not be going to attend a conference after they used their boy scout compasses to determine true/magnetic North to align a concrete slab for TBR Construction.
Big deal.
Looks like they were invited as guests if it's for real, but it appears that pennstreet wants people to think that they're hot-shot authors of a paper.
Maybe they (KMTNet) throw them on the list to get them in the conference for free, iffin it's real that is.
" I can't wait to read his study papers on the proper drying of concrete for stable yoke mounts of someone else's telescopes."
You're giving CP Systems (Cauthen & Poteet) way to much credit. From what I remember reading the only thing CPSI did was act as consultants to make sure the concrete slab was aligned properly with true/magnetic North. TBR Construction were the builders for KMTNet (Korean Microlensing Telescope Network).
KMTNet is giving a paper at the conference.
You forgot to mention when Poteet and Dr. Henry Blair worked together at OSEM (Optical Systems Engineering and Manufacturing). Poteet was allegedly an 'astonomer' and Blair the chief engineer and president of the company.
Later, in Loch Harris land, Blair became inventor of the ELF until Boone was forced to change his story and make Poteet the inventor.
Poteet has been up to neck in this scam since the beginning, don't try to sell his character to people that know the truth RS Pennstreet. Sell it to your PP investors somewhere else.
P.S. I'm looking for the PR where Poteet was quoted as saying it is an honor to be working with Dr. Blair. That was when Poteet came on board while Blair was still the inventor.
The fact of this scam just don't go away pennstreet.
The CDEx G4 patent application was rejected back in February, 2014 for being obvious in light of at least 11 other patents.
It appears that every claim was rejected.
If anyone wants to review the ruling on patent application No. 13/673270 go here:
http://portal.uspto.gov/pair/PublicPair
Crow, I'll answer that question.
"Why are you arguing with DIDDY about how much the LOCH BOYOs got away with??"
When I asked Pennstreet whether he thought BOONE sold those 2 million shares into the pump-n-dump market frenzy or whether the 144 expired, penny tried to side step the question by asking me irrelevant questions. Funny stuff, it's worth reading his response again:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102558634
Have I ever filed a 144? Have I ever read a 144? Have I read EVERY word of a 144? LOL! Funny!
It's clear to me that pennstreet is trying to hide the fact that the 144 filed by Boone was public knowledge and that he doesn't want to admit it should have been brought up during the court hearings. No discovery neccessary.
Good thing pennstreet wasn't a plaintiff in the suit, he seems to have a propensity for defending the defendants.
"MINE--Nice, you actually used (IMO). Why don't you call the SEC back and ask them why they did not disgorge Boone, or call the FBI and ask them why they did not. Have you really read every word on a 144 form?"
Why don't I call the SEC or the FBI? Because you said that they've already been contacted and that they'd be interested in hearing what I know.
I've just been waiting for them to call me.
Pennhopper, when I asked the SEC about the 144 filing they told me by the time that intent-to-sell was published online, any sale would have already happen.
Speculation you say, let's review the situation, Boone files a 144 to sell 2 million shares right in the middle of the pump-n-dump fenzy, does he sell at around 5.00/share or does he let the filing expire without selling? What do you think?
Why wasn't this information available during the lawsuit? IMO, the lawsuit was to get the Boyz of the hook with only the lost of some worthless shares, not disgorge them of actual money. LOL