So the story gets weirder....
I took a closer look at the box the film canister came in. The box was sealed, btw). It says "perforated" and "frame numbered". Just checking to see if I'm losing my mind, I checked another Kodak bulk roll box I had around of 125PX. It also says "perforated" and "frame numbered" on the box, and I know for sure that it actually was perforated and frame numbered.
In the bizarre chance the perforation was only missing from the beginning, I went back in my film closet and rolled out 5 feet....still no perforation.
The box and canister both have a manufacturer expiration date printed on it, and what looks like a batch number. Those both match. So unless Kodak screwed up, I'm at a loss. It seems very odd to me that Kodak could screw up such a thing.
I called up the owner of the photo store. He's at a loss, as the customer he originally ordered it for, way back whenever, apparently uses perforated.
So, What do you think? Kodak mispackaged? Not sure I can do much about it.... as it's expired, and I didn't pay anything for it. Inquiring minds want to know. Time to make some lemonade!