sreetpenn,
I pretty much gave my thoughts with my 3 thoughts on Cdex.
Imo, Cdex will not touch one share of the common shareholders. The Senior noteholders and the other ones owed money are going to take a shower, bath, or dunking.
A fact you will not find talked about much on this board, because the truth is not really appreciated, but Cdex had lowered its debt quite a bit under Mr. Brumfield. The Tech has reached a much higher value in the field. He did this in 16 months, with less than 1 million from investors.
What can he do with one more million? Imo, if Mr. Brumfield is able to secure funding of $500K to $1,000,000, this company will have a good 3rd and 4th quarter in 2012.
da digger
