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Re: high C post# 16276

Saturday, 12/02/2006 5:07:48 PM

Saturday, December 02, 2006 5:07:48 PM

Post# of 45771
HighC/Inet: are you unable to answer a simple question? Let me restate it for you, as you're an old feller and maybe don't hear real well.

CDEx is BROKE - they are HOPING to raise up to $3-4M, which Griff stated is the anticipated burn rate for next year. CDEx CLAIMS they have all this revolutionary tech that is "backburnered" due to lack of funds (despite the 2006 spending having been $3M!).

Now Griffin says he anticipates using some of the $3-4M PIPE money for ACQUISITIONS.

Please explain using common sense why he would divert money from the backburnered revolutionary tech development (which has ALREADY consumed $25,000,000 post-LOCH) in favor of ACQUISITIONS that he lacks the infrastructure or technical knowledge to develop?

I will await your common sense explanation, Inet.
I have one, butt I'll hold it until after you provide yours, so as not to steal your thunder.

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