Prior to giving notice that they are/were not able to file the Q report, for lack of funds, and failure to repay the fake debt, Cdex could have perhaps filed a form 15 when the so called debt had reached its last (final) extension.
They could have then been exempted from the obligation to file by the SEC on the obligated filing date.
As it is, CDEX is not exempted and the failure to file means that they are still obligated, but are now delinquent.
Rule 144 is thus not available to remove the restrictions on restricted share holders and convertible debt holders and will not be able to do so until CDEX can become current in filing.
By use of the file 15, which is now too late, Cdex could have went pink, and the rule 144 restrictions eventually removed after a year.
As it is, it is cure the Q filing or stay delinquent forever. Shares and convertible debts, SAYONARA, as they say in the far east. BYE BYE WORTHLESS.
But the non-restricted shares can still trade. So yall trade away. IF YOU WANTA...
