If you want a good laugh go read the old CEO statements on lmorovan's website. Now there's one good reason why insiders don't want shareholders to go there! LOL Unbelieveable the carrots that were dangled along the way to the SOL expiration.
* VAMMP (not a word on that "billion dollar tech" acquired from the APA since Sandia patented a remarkably similar technology)
* "There are no known technical obstacles remaining in the development of EM-1" (paraphrased) yet it was reportedly back-burnered for technical difficulties.
* The suite of HLS concept products based on the back-burnered tech which remains advertised on the CDEx website.
* The announcement of the marketing of the PS3 in January, 2003 which was highlighted by a brochure with a mock-up picture and technical specifications which were a joke. The only thing CDEX was marketing was shareholders IMO. The specs did not include the shoot time, the stand-off distance nor the detection concentration limits. Instead, the brochure described the size, weight and power requirements, all fluff information to a serious buyer
* The same technology appeared a year later in a DOJ report where CDEX repored a stand-off distance of under an inch and an unknown integration time and cost. It stated it would be available on the market the following year (2004-05).
* Then there was SafePill which morphed into Valimed and went from people hyping that there would be several units in every hospital to people now holding their breaths until the next Q comes out. (I remain very curious how well valimed will sell.)
* Now it's the meth gun which was hyped with innuendos and irrelevant links by the Loch/CDEX stock promoters and insider shills which have recently disappeared from the boards. Will shareholders evey see a technical spec sheet on the meth gun so it can be compared to similar commercially available products? Since it has never happen with past products I don't see why they'd start providing that information now, besides, it gives the hypsters the wiggle room to claim how superior "our tech" is to others.
After five years what does CDEX really have that will make a splash in the marketplace? I believe that savvy, long term investors that know the history of Loch/CDEX aren't quite sure yet.
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