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Amanita

05/14/14 12:52 PM

#42576 RE: Crow3 #42575

Cdex INC. has no commitments for funding

From the 10-K signed by bumfield

Item 1A Risk Factors:

Lack of additional funding could prevent us from operating profitably which , eventually could result in a total loss of our business. Since our inception we have funded our operations through revenue from the sale of our products, borrowings and financing's.

Current funds available to CDEX may not be adequate for us to be competitive in the areas in which we intend to operate and we have no arrangement or commitments for ongoing funding.


So let's just parse that shall we....

Lack of additional funding...this is the SCAM's bread and butter.

Eventually result in the total loss of our business....Total loss of what ...selling shares?

...revenue from the sale of products....Anyone who has tracked cdex over the years can count on their fingers and toes the number of sales of product.

...competitive in the areas in which we intend to operate...So far so good right? Oh wait...maybe there are better devices out there than the ID2, the g4 prop and the blow dryer wall board inspection system.

...we have no arrangement or commitments for on going funding. Gosh does that mean that what I think it do? I 'm sure I heard somewhere here about's that investors love bumfield and poteet and funding is no problem. Must be that whole "commitment" thing. I can hear it now that phone conversation in which bumfield says to one of the marks (AKA Sucker) look just another hundred grand and this thing takes off....sometime next year!