Cdex, Inc. (fka CDEX)

[d4diddy]

"But why would Gemini formally oppose CDEX getting the 1 million in the first place? Wouldn't ya think that they might have better prospects as well? along with the rest of us?"

Because Gemini is not a secured creditor and if CDEX defaults on the million dollar loan the senior lien holder will be first in line to gobble up all of CDEx's assets. Gemini and all other unsecured creditors will get nothing.

Shareholders are at the very back of the line.