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Re: None

Friday, 08/24/2012 7:30:26 PM

Friday, August 24, 2012 7:30:26 PM

Post# of 45771
It does appear that the JUDGE did approve the plan. When the mopping up is done, CDEX will have a new trading symbol..and will be debt free except for the new funding.

Which market? Can they get back on the OTCBB? Or the pinks or gray? Still to be seen.

It is clear that ROBERT STEWART and the group in LUBBOCK did save the company fom chap 7 at least temporarily, by offering funding.

Now the Questions are..can they market anything? Unless they can within the time that the funding can cover operating expenses..then back to broke and perhaps chap 7.

Can they sell PP shares or obtain convertible loans to add to the money from LUBBOCK to sustain operations? That seems to me to be unlikely. They have a history that would be very difficult to overcome. They will have to market some stuff successfuly and
demonstrate some ability to sustain life before they can do much of that.

HAS the JB personal CHAP 7 been discharged or not?

Ole Crowe

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