Of course, having lost liability insurance, The CEO and BOD and other officers of the company resigned in a body at midnight on the same day that their insurance ran out.. No sane insurance company would insure CDEX, knowing the situation, any more than a bank or even another PIPE company would finance them. <br /> <br /> JB as Chairman and the sole pseudo member of BOD of the company and self appointed as mop-up agent... will doubtless shop around for someone willing to buy the trading shell. For what he can get. It is likely that if he can do that, he will take the money as a fee as selling agent. As result of recent BOD action he and his co-loaner now own far more shares than anyone else, and if it comes to a vote can far out-vote anyone else. <br /> <br /> JB an idiot??? LOL!