Cdex, Inc. (fka CDEX)

[Crow3]

Below describes where the money comes from to attend the financing meeting in New York and how Coates was paid in shares
and in return forked over 62.9 K bucks for "warrants participation". (I broke down that entry in the quarterly report to separate paragraphs for clarification purposes).


9. Subsequent Events

The Company’s management has evaluated subsequent events occurring after July 31, 2014, the date of our most recent balance sheet, through the date our financial statements were issued.

In August 2014, we issued 387,500 shares of common stock as consultant compensation and we received a $62,900 deposit to participate in our Warrant Exchange Offer and our Original Issuance Exchange Offer.

In September 2014, we issued 585,000 shares of common stock and 292,500 warrants to purchase common stock from our Warrant Exchange Offer where we offered to all Warrant holders with an exercise price of $0.10 per share to exercise their warrants for $0.02 per share in exchange for the number of shares of common stock issuable under the warrant and a 5-year warrant for half the number of shares of common stock issuable under the exercised warrant with an exercise price of $0.15 per share.

Also in September 2014 we issued 307,000 shares of common stock and 153,500 warrants to purchase common stock from our Original Issuance Exchange Offer where we offered to issue Class A common stock for $0.02 per share along with a 5-year warrant for half the number of shares of common stock issued with an exercise price of $0.15 per share.