Replies to post #78 on Cdex, Inc. (fka CDEX)

[lmorovan]

caddor35, I believe you are right. Based on the Exemption included in the Settlement and the Final Judgment, the provision for the distribution was done based on the fact that CDEX is not registered. If CDEX files for registration, its securities will no longer be unregistered, but in process of registration, and the Exemption will be placed on hold until the registration is either approved or denied. If approved, the Exemption does not apply anymore, and the Final Judgment must be amended. If not approved, then the distribution of the unregistered securities can take place.