Cdex, Inc. (fka CDEX)

[Crow3]

Consider if you will...what does it mean to be a SECURED investor in CDEX??

It simply means that the company has pledged its all in exchange for the loan. All of the shares and other assets owned by the company. And the company has asked the court to allow a MAJOR increase in company shares. Fail to pay back the loan and the Secured investor can foreclose.

For the amount of money that would allow the company to operate only a few months. While they launch a "new generaton" of VALIMED. VALIMED in all previous generations has NEVER sold nearly enough to even begin to pay operating expenses, much less make a true profit.

Should the present and potential shareholders care who owns the company?? Hell, I dunno. Ask them. They have no vote in the matter. Their TRUE LONG forum is silent.

CDEX has at least hinted to the court that the reason for the failure of the VALIMED is that MP would not allow WADE and them to do the necessary things to increase the demand for the Valimed system. That the new management has fixed all that and that the new VALIMED will sell like hotcakes..be in demand at each and every hospital pharmacy in the known universe, or at least the world. And by Cracky, did all that in a a trice after taking over from the previous management. With WADE only working part time.

Others have a chance to tell why they are opposed, or to vote to accept the CDEX fairy tale. Or even come out with a different plan. CDEX has used up their exclusive right to do that and solicit votes in favor.

The status quo is that CDEX is broke and worthless. They want more money to try and operate some more. Will the unsecured people vote to allow that?? With nothing to lose, they might.

We can only wait and see.