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Monday, 10/06/2014 10:40:08 AM

Monday, October 06, 2014 10:40:08 AM

Post# of 45771
Cdex Mo equivocating

While we're waiting for the shoe to drop, some belly laughs are always welcome.

Here's a little something from Cdex's web site on the company overview page:

http://cdex-inc.com/investors/company-overview/

Recurring revenue model

ID2 products – direct product sales and recurring revenue generated through required annual maintenance and recalibration

Valimed™ systems – direct placement fee with monthly residual and usage fees

Products are distributed in the market via national and international distributors such as Lifeloc Technologies, Decatur Electronics and independent distributor

Multi billion dollar market opportunity in several market segments

So have any investors seen any "revenue" from direct product sales of the ID2? How about the recurring bucks from recalibration. Recalibration? Still waiting to sell one is my guess.
Are their products really distributed by Lifeloc? How about Decatur Electronics? Who is this "and independent distributor" . Is that that guy doing wall board inspections?
And this the funniest of all: "Multi billion dollar market opportunity in several market segments" If that were the case then cdex would have been run over along time ago by real businesses.

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