Cdex, Inc. (fka CDEX)

[streetpenn]

Sea Urchin:

When I read the Court's statement I was baffled. CDEX WANTS to give the escrow monies back to BAXA! The Judge was basically telling CDEX that they were stupid. The Judge, rightly so,said that the escrow money could form part of a reorganization plan. He basically told CDEX that they may want to rethink their position.

Sounds like CDEX wants a Chapter 7. Their could be an MP/JB deal that JB will get free or cheap stock in a new Company.

I relly cannot think of a more fitting explanation. Of course, this is just a guess...but an educated guess based on past history.

As for the CDEX products. IMO, ValiMed or whatever they're calling it now, is possibly good saleable tech. The ID2 will never sell until there is a complete array of signatures.