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Re: None

Tuesday, 07/29/2003 6:25:25 PM

Tuesday, July 29, 2003 6:25:25 PM

Post# of 3329
The only benefit CDEX would get from bringing Loch shareholders aboard is the sheer number of shareholders that will help CDEX with one of the requirements (number of shareholders) to apply for listing on a higher exchange. Other than that, Loch shareholders will be not much more than a nuisance to MP. So, even if 3/4 of the current Loch shareholders bail out, it will not affect CDEX, since based on the latest tally, there will still be left around 500 shareholders.

If and when CDEX starts trading and it's price gets to a certain level, based on pre planned announcements of contracts and revenues, there will be a major defection of old Loch shareholders that will attempt to recover millions of dollars worth of very long term investment. Than will precipitate the price down, and not only will make CDEX little palatable for new investors, but may give it a hard time to recover. You see, MP may attempt to lunch CDEX on the market with certain high expectations, and starting up with a heavy ballast of residual shareholders tired of waiting to recover their investment or perhaps make some profit, will not help him and his plans.

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