The most telling thing comes right outa the latest q filing. In there, but not highlighted, is the growth in outstanding shares since oct 31 2013. WELL Over 10 million shares, (10,276,495) up until the date of filing JUNE 16, 2014.
SOME OF The holders of warrents were allowed to convert them. not at the 15 cents sometime later, but immediately, at 2 cents each
which is the same thing as selling PP shares, outa the CDEX treasury. But at the "BARGAIN" price of 2 cents each.
SO, CDEX is still in the share selling bidness.
Which explains two things... why an effort is made to keep the SP above 3 cents, and where did they get the money to further the patent application... although it is a bit surprising to me that they would divert the money away from the salary/bonus account.
.
.
