Cdex, Inc. (fka CDEX)

[Crow3]

The history is SOOOOOO VERYYYYYY CLEARRRRR!

DANG SURE IS. Which is why this scheme cooked up most likely by MP/JB to sell shares won't work.

Company "debt free" except for the 700K, paltry as it is, is still "debt".

Nothing to sell but shares. So what else is new??

A passell of shares yet owed but not distributed to the old debt holders.

MP knew that the shareholders were pist at him, cooked up the scheme with JBs help. Go bankrupt which will really hurt no one because the company and its shares are already worthless. With BK one can claIM TO CANCEL THE DEBTS and the debt holders, already aware that they are not gonna collect money owed them, will agree to take shares instead of nothing. Shareholders have no vote, but they will take one worthless share in place of no shares at all.

JB/MP wanted a million and a half outa the LUBBOCK bunch but took a mere 700K instead, hoping that everything being rosy now, no debt to worry about, maybe the suckers would buy the damn lie about the latest version of Valimed being all better. Sell some more PP shares.

Just blame MP because VALIMED never sold and cook up the ridiculous story that MP was the sole fault that it had never sold, would not let gude ole Wade do the necessary. Fired his lazy ass instead. Wade now free of that damn holy roller, could and would fix Valimed, new wersion already IMAGINED UP.

Some risk involved, because the JUDGE could smarten up and force chap 7.

It was a clever scheme indeed. BUT THAT DAMN HISTORY OF CDEX...
MAKES PP SALES A HARD SELL INDEED.