Replies to post #38376 on Cdex, Inc. (fka CDEX)

[Crow3]

MP fired GRIFFIN, came back and appointed some feller whose name I forget as "CEO"..took over the money raising with some success for awhile but then made the PIPE loan with GEMINI..putting everything in an impossible position .. Deferring salaries..laying off people. At the same time, running BOOLSHEET PRs praising MYTH GUN and announcing improvements to VALIMED.

Made a few PP sales and hocked all of the treasury shares with convertible loans... Then moved his skinny ass back east.. leaving the CEO duties to another chap ...and finally here comes JB. PICKING up dry bones and selling ONCOLOGY distributership to
RS and them..which really amounted to more baling wire...Got more shares authorized.. converted as many existing loans as he had shares to cover first..and finally...here we are in CHAP 11.seeking more baling wire.

Asking the court to allow him to borrow more from RS and them..(NO WONDER RS IS CALLED AN ANGEL) convert all existing loans fo shares through the BK court..provided the court will allow it..tossing a pully bone to existing shareholders in the form of 1 for every 10..

WHAT A GREAT COMPANY!!!!!!!!!!!!!!!WHAT A GREAT CEO!!!! GO CDEX!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[pennstreet]

A reply to a post>

Cdex never paid Mr. Brumfield, just another ripped investor by MP.

So Cdex did NOT die that day, they survived on he back of Mr. Brumfield.

This is old puke that "all" figured out a long time ago. MP was fully aware of the ASD problem coming down the tube, and went and hired Mr. Griffin to be in charge when the letter came. Mr. Griffen got fastballed under the bus, as they say.

Mr. Griffin asked MP straight up if there were "ANY KNOWN" law suits out there, and MP lied and said no. Otherwise, Mr. Griffin would have refused the job.

But all of this has been known for a very long time. Including the part of Cdex offering the 33% deal to Mr. Brumfield, and then MP coming back to Cdex and never paying Mr. Brumfield one cent.