Replies to post #45566 on Cdex, Inc. (fka CDEX)

[Crow3]

And what of OSPREY?? They now have multiple tons of restricted shares and no way to remove the restrictions unless CDEX is a reporting company. So the shares are worthless for selling or even giving away.

Normally it is necessary for OSPREY to wait six months and then get a legal opinion by form 144 that the shares are tradable. But that can occur only if CDEX gets a pile of money to do the required filings, along with many other hoops to jump through to now become a reporting company.

So CDEX now has a gun to Ospreys head. "Either come up with the money we need to become reporting and viable, or your shares are not gonna getcha anything at all"..is the song.

But OSPREY does not usually lay out bread to clients...they just publish a lot of BOOLSHEET and maybe get some fool with money to finance CDEX.

With gude ole JIM resigning from the BOD (long overdue) it is less likely than ever that any fools with money will some running with the money to "rescue" CDEX. Evidently, the OIL PATCHERS ain't a gonna do anything else...That fake "LOAN" was the last gasp.