Friday, November 25, 2005 6:52:04 PM
We still haven't heard directly from the CEO, but a few weeks ago they got funding which would assure their continued existance from BAXA, then a few days later they signed an agreement for distribution rights on a device they created for determining that medications are properly formulated. The CEO still hasn't spoken to shareholders, but now many seem to view him as a hero. The stock price has moved up, but not dramatically, at least yet.
I bring this up not to pump CDEX, but rather to say that Fayiz may be working on one or more major deals that could put CTKH on the map. I certainly don't know that he is, but I doubt that he isn't. My point is, we'll never know until the ink is dry on the last signature required to finalize an agreement. In many cases the fastest way to end discussions of a potential partnership, etc. is to admit you're in discussions. I don't know that Fayiz acknowledging he was speaking with Valley Design hurt negotiations, but clearly it didn't help or it would have happened.
I don't know what Fayiz may have up his sleeve but I believe he may have many irons in the fire, I'm willing to wait.
Gary
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