Cdex, Inc. (fka CDEX)

[Crow3]

CONFIRMATION OF REORG PLANS..

In order to confirm the plan, the court must find, among other things, that: (1) the plan is feasible; (2) it is proposed in good faith; and (3) the plan and the proponent of the plan are in compliance with the Bankruptcy Code. In order to satisfy the feasibility requirement, the court must find that confirmation of the plan is not likely to be followed by liquidation (unless the plan is a liquidating plan) or the need for further financial reorganization.

There may be a speck of trouble for JB in a couple or more of those requirements..