Crow, so who wants to keep this company going?
Those that think that they can find suckers to buy PP shares or loan money on convertible promissory notes would like to see the company get into position to resume that Modus Operandi. JB and RS comes to mind, probably others. Selling shares by one scheme or another has been very successful for the INONITs of LOCHmorphCDEX..
Who would loan them money?
It appears that JB has offers from people, mostly from Lubbock, Tx..where Stewart is. Maybe as much as a little over 260K dollars.
They want to make a secured loan, to take precedence over all the creditors so that they can wind up with the shell.
What will it accomplish if they get money and keep it going?
Actually nothing but pay off some people such as JB and his son
and the CFO, all who have earned salary, not paid. The BOOLSHEET claim is that they can sell some Valimed G4s.
Seems everyone But the Creditors and central INONITs want Chap 7 and get the agony over with. But whatever chance the creditors have of getting anything is LONG gone already. Ditto stockholders. So they would be no better nor worse off with CHAP 7. JB would be unemployed, but has certain skills that he could use to make money. He is NOT making any with CDEX.
Not a pretty sight to see CDEX writheing in agony...let it die would be the merciful thing to do.
AI
