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Saturday, 09/17/2005 12:18:32 AM

Saturday, September 17, 2005 12:18:32 AM

Post# of 45771
It seems to me that we all recognize that Cdex must sell at least $2.5 million worth of shares to operate another year. Personally I'd rather the company think bigger.

Imagine what would happen if they found a major brokerage who would run an IPO for them to raise say $10 million. First the brokerage would produce a prospectus that truly markets the company. They'd arrange for MP or other officers of the company to go on a road show, brokers in key cities all over the U.S. would hear about CDEX.

With any luck they'd be able to make the $10 million with about 2 or 3 million shares. Of course if they choose to simply sell the shares into the market they'll still sell 2 to 3 million shares, but it will only generate the $2.5 million they need for next year.

I certainly don't know that a properly managed IPO will bring a price of $5 or more, but it certainly could, and it definitely would raise awareness in the stock. Just selling shares into the market will do nothing to enhance value but they'll be able to operate for another year. Which way would you choose.

Gary
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