Cdex, Inc. (fka CDEX)

[Crow3]

The funds essential to emerge from bankruptcy were raised through the sale of $700 thousand of new shares of common stock, reflecting the shareholders' strong belief in the future equity value of the company. We are excited by the opportunity to drive sales, create a safer world and build value for shareholders."

Whatever else can be said ABOUT JB, one must say that that statement in his announcement shows abundant cheek.

CREDITORS, given not a whole lot of choice, voted to take shares in exchange for their claims. Which "enabled" the "sale" of shares mentioned in the statement.

NOW the "buyers" money will probably dribble away into the black hole which is CDEX. TOO TOO BAD.

The "BUYERS" being of course, Stewart and the "LUBBOCK" bunch.