Replies to post #37587 on Cdex, Inc. (fka CDEX)

[demmo47]

I'm amazed after all these years of outright lies and manipulations, that some posters still seek his input.

Yep, all part of the plan. The IG4 and the ID2 wore out their welcome so why not get rid of all those pesky shareholders, reorganize the shell, and in time, market the "world class" tech under different guises. The cash cow shall be reborn!

[pennstreet]

d4diddy,

I own no paint brush, and Mr. Brumfield and the BOD were completely caught off guard. Fact.

The 2-3 are "NOT SCAPEGOATS", imo, they are the ones that thought they were better than the other 14-15 Senior noteholders. Imo, they caused harm to the company by forcing Cdex into a Chapter 11. BK's COST MONEY, Money that Cdex should have never had to spend.

I wish the Judge could charge the 2-3 with the cost of the BK, including all Attorny cost, and court cost.

But "bottom line" for some user's is this,,,, what difference does it make to those who believe Cdex is a scam? Answer: NOT ANY.

Who will benefit and who will not:

1) Well, if all debt is wiped out, and the common shareholders remain in tack, the "SHAREHOLDERS" benefit.
2) All Senior Noteholders and others who are owed money will NOT benefit at all.
3) Plus, imo, Any new money that may come into the company will be first lien money.

Cdex takes no peace in pointing out what was forced on them. Which is why Mr. Brumfield had 14-15 Senior noteholders ready to move the company forward, imo.

I will submit that if the Tech was not real, the BOD and Mr. Brumfield would have filed chapter 7, and walked away, imo.

da digger