Replies to post #16269 on Cdex, Inc. (fka CDEX)

[Xenophon]

Common sense is $0.1501 PPS.

Fifteen and one-one-hundredth Centavo.

Fifteen Lincolns and an extra set of belts and hoses.

Smile and be proud, you've earned it.

[Xenophon]

Let's use some common sense, highC/inet:

CDEx is BROKE - they are HOPING to raise up to $3-4M, which Griff stated is the anticipated burn rate for next year. CDEx CLAIMS they have all this revolutionary tech that is "backburnered" due to lack of funds (despite the 2006 spending having been $3M!).

Now Griffin says he anticipates using some of the $3-4M PIPE money for ACQUISITIONS.

Please explain using common sense why he would divert money from the backburnered revolutionary tech development (which has ALREADY consumed $25,000,000 post-LOCH) in favor of ACQUISITIONS that he lacks the infrastructure or technical knowledge to develop?

I will await your common sense explanation, Inet. I have one, butt I'll hold it until after you provide yours, so as not to steal your thunder.

[sanddollar]

hinet ... you wrote:

"IMO the revenue is what counts,not short term reassurances that we are still in business."

Tell me the distinction you see. Wouldn't revenue = reassurance that the company is still in business? Seems pretty simple to me. Unless of course the blue-plate special "sales" were in fact nothing much more than friendly placings.

OT: prolly a good thing you never transfererd your cdex over to a ROTH (which you could have done at any time, even in the past year) since you can now take a tax loss when you sell.