Cdex "certain obligations"
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
Just think what a deal for jeffy! CDEX hints back during another failure by bumfield at the NIBA loan-a-thon that the g4 prop is almost ready for production (suckers) after four YEARS! As he has said in his "writings" that these things take time and money, especially money, mo money! Then they loan themselves some change. So in January, maybe February shouldn't we see one or two props finally "launched"? If it does happen it will be not sales but loans of the prop. That will give them an opportunity to find more fools and suckers.
The other scenario is that the money window is just for the five at the cdex SCAM to recover some cash and cash out. Look, poteet and that other guy are approaching their late seventies, it's been a great run to keep funders and fools on a string for four years with this promise and that expectation and don't forget cdex's favorite tactic, let's just call it "misspeaking". But now I think they have finally completed the full market study of the g4 prop that should have been done at the beginning before any monies were secured. NO ONE NEEDS IT! Like the myth gun and myth gun pocket model, nice toys but no market.
No, no business people at cdex, just SCAMSTERS. In 90 days all will know which way it will go. For the investor who unknowingly stumbled into this tar pit , sell and cut your losses. But for the die hard cdex loon investor, buy and buy big! So when the door slams shut at the little hole in the wall in Tucson AZ and none of the perps are to be found at least you'll be able to finally get a clue, which may help you in future SCAMs that you buy into.
