Cardiff Lexington Corp (CDIX)

[equijohn]

You about to get paid LOL , once real volume hits this will be trading below .10 a share

Down 70% today , your position must look amazing

[IPO$]

Only 2k shares are restricted? That can’t be.

[Pickme2]

Todays issued update

Outstanding Shares
13,391,467
05/28/2024
Restricted
2,081,482
05/28/2024
Unrestricted
11,309,985
05/28/2024

[equijohn]

Is it standing Form ? No volume , this thing will drop like a rock once the PR's and real dumping begin

Welcome to the fourth round of CDIX play and lose LOL

[Filterthenoise]

Price is standing form post split. I understand I'm a bout to get paid. $CDIX

[equijohn]

So going from 8 million shares to 13.3 million shares isn't dilution?

As Preferred holders continue to convert.

Guess you don't really understand dilution

[Filterthenoise]

Sorry I don't see any dilution right now and those previous splits don't affect my current position. You are here spending with me. Must be good.

[equijohn]

Your locked and loaded in a proven , yes proven Dilution Machine

Unless you have preferred shares which you can convert 100 to 1 common , you will be destroyed, like the 3 groups of common shareholders before

3 previous reverse splits saw the stock drop to .0001

Now we are on the 4th reverse split , a 75,000 to 1 split

If you have bought shares on the open market you will see the investment vanish , as more new shares will hit the OS weekly

[Filterthenoise]

Do you buy stocks after they run or do you have pacience to buy before and wait? I'm locked and loaded.

[equijohn]

Yeah 279 in volume , to the Moon LOL !!!

[Filterthenoise]

Looks like its getting ready $CDIX

[DrMed]

LOL....neither! Just a doctor who likes their business.

[equijohn]

Which one of the two aforementioned are you ?

Just read through the IPO offering Filing , this thing is going to pennies fast , just another money grab by two scum bags who have been robbing investors for years

[equijohn]

The two guys who you name at the start of your post will make sure , the OS Reaches 300 Million and the stock will be trading in the pennies soon enough.

[DrMed]

Thompson & Cunningham now have a new board with the majority independent, which clearly controls future actions. Regardless, a reverse stock split has no immediate effect on the company's value, as its market capitalization remains the same after it's executed. Reducing the number of preferred shares can enhance the company’s capital structure, balance sheet, make the company more attractive to potential investors and lenders, and create a win-win situation by potentially increasing shareholder value.

[equijohn]

This round they will blame Preferred holders converting , they always blame other people , but who sold the preferred shares, who sold the Convertable Debt , who made money on each reverse spilt ?? They did !!

[Pickme2]

25k more added to Float increasing daily

Outstanding Shares
13,284,463
05/18/2024
Restricted
2,081,482
05/18/2024
Unrestricted
11,202,981
05/18/2024

[equijohn]

If you bought shares on the open market you will lose your entire investment , like the previous three groups of open market shareholders. These guys are the definition of bad actors.

[DrMed]

I hope you two are wrong. I bought it because I liked their business. Like taxes, the healthcare industry is never going away. I'm down right now but I'll hold.

[Pickme2]

What’s another 65,000 x 75,000 equivalent pre-split before the 75,000 to 1 reverse split?

[Pickme2]

More Converted!!
Outstanding Shares
13,259,963
05/16/2024
Restricted
2,081,482
05/16/2024
Unrestricted
11,178,481
05/16/2024

[equijohn]

Your 2 posts ever on investors Hub can't be taken seriously, as they are in defense of a company that has decimated it's open market share holders 3 times and now going on a fourth , with continued dilution

Suspect this is an account set up by a CDIX insider

[equijohn]

They will dilute to the 300 million AS , then raise the AS , they will blame preferred conversions for the drop and dilution this time around, as with the last three they blamed Convertable Debt and shorts , like they weren't the ones who sold the Convertable Debt !!!

[equijohn]

This is what the people who invested before the previous three reverse splits thought , and what happened ? A $10,000 was reduced to $5 through dilution . Now we are on the fourth reverse spilt and your out here pumping for them , like the previous 3 groups of investors wiped out are not part of the narrative. Shame on you , shame !!

[flipnrips]

Hahhahaha. Let us know how that works out for you.

[DrMed]

New 8K and S1 filed. As I posted last week, I'm new on this site, and reading all the negative comments about CDIX is concerning. I hope you guys are wrong. Their Q1's numbers are better than their last quarter: revenue 12% up, EBITDA 8% up; assets 9% up; and shareholder equity 65% up. I look at them as a start-up and plan to hold long term. I like the business they are in and hope to capitalize on the overall growth potential of the company.

[Pickme2]

190,000 more added Wow it’s endless
Outstanding Shares
13,194,963
05/14/2024
Restricted
2,081,482
05/14/2024
Unrestricted
11,113,481
05/14/2024

[equijohn]

Thank you sir

[Pickme2]

Fraud lawsuit

https://trellis.law/doc/203623831/summons-complaint

https://contracts.justia.com/companies/cardiff-lexington-corp-8766/contract/1242113/

[equijohn]

Do you have a link to the lawsuit ?

Thank you

[equijohn]

Well this is the fourth reverse split , and they said there were hundreds of preferred share holders , so I imagine if they do get to the NYSE , it will drop to pennies fast, then a fifth reverse split to keep from being delisted , these scum bags have a proven track record of destroying share holders

[shortburner]

And what about Leonite Capital backing these guys? They were named in the lawsuit as well. Leonite is apparently backing these guys to get them on the NYSE? Cunningham has done well with Ortho Nova--perhaps if they can get listed the preferred share holders will have a chance to convert and sell??

[shortburner]

Millions of shares will hit the market as they didnt have the cash to even function. I see this as a desperate attempt by Cunninham to cash out. Thompson too.

[shortburner]

So supposedly they are uplifting to the NYSE--what are the chances? Do the preferred shareholders even have a chance of converting and selling their stock in the NYSE? I hear they are being sued in New York by the previous owner of Platinum Tax Defenders--Charged with fraud.. I don't know what to think about these guys.

[equijohn]

As the Preferred holders continue to convert , look for massive price drops , and if it does make it to the NYSE watch for a huge sell off day one

[equijohn]

More shares hit the OS , was at 8 million after the most recent Reverse spilt " 4 in 5 years " and now over 13 million . Are you going to tell the board this is a good move by the company ? How about the share holders ? Is it good to dilute ?

I'm guessing you have more of an interest in the leadership and preferred share holders than. You do those folks buying shares in the open market

[Pickme2]

Daily share update

Outstanding Shares
13,002,463
05/06/2024
Restricted
2,081,482
05/06/2024
Unrestricted
10,920,981
05/06/2024

[equijohn]

This post will age poorly , as you are defending people who have destroyed shareholders not once , not twice , but three times. Imagine using your first post , for something as stupid as that.

[equijohn]

This is a board for shareholders , not Advocates of the Insiders who use them as cannon fodder to raise Capitol for their up listing dreams

Again this is the 4th reverse split , and the previous 3 groups of investors all destroyed with the reverse splits.

[equijohn]

Wasn't that also the stated purpose of the last three reverse splits as well ? What happened ?

You can answer with your second post ever on this site LOL

[equijohn]

This is their 4th Reverse stock split , and the reason there is no volume , is the stock is $7.50 a share.

And the CEO just converted 62,000 preferred shares to almost 6 million common shares , per the SEC Form 4 Filings.

So yes they will do what they did the previous 3 times , and dilute back down to .0001 and any suckers who buy in the open market will be wiped out.

[DrMed]

I find some of the comments regarding CDIX comical. Reducing authorized shares can be a strategic move for any pubco to improve its financial flexibility, enhance shareholder value, and meet the requirements for uplisting to higher-tier stock exchanges. It should be obvious that these guys are moving in that direction. Trading a couple hundred shares a day is not dumping.

[Pickme2]

Outstanding Shares
12,960,463
04/30/2024
Restricted
2,081,482
04/30/2024
Unrestricted
10,878,981
04/30/2024

[Pickme2]

No surprise… complete dilution as always for years

[equijohn]

This surprises you LOL they will keep dumping until they fully dilute

[Pickme2]

More added!
Outstanding Shares
12,332,213
04/24/2024
Restricted
2,081,482
04/24/2024
Unrestricted
10,250,731
04/24/2024

[Pickme2]

Share update
Outstanding Shares
12,257,213
04/22/2024
Restricted
2,081,482
04/22/2024
Unrestricted
10,175,731
04/22/2024

[Pickme2]

Daily addition update!!
Outstanding Shares
12,221,713
04/18/2024
Restricted
2,081,482
04/18/2024
Unrestricted
10,140,231
04/18/2024

[Pickme2]

Effective April 24, looks like
On April 4, 2024, our board of directors and the Majority Stockholders approved the Charter Amendment, the form of which is attached to this Information Statement as Appendix A.

Under the Current Charter, we are authorized to issue 7,500,000,000 shares of common stock and 1,000,000,000 shares of preferred stock. Following our recent 1-for-75,000 reverse stock split, we no longer require such a large number of authorized but unissued shares. Accordingly, our board of directors and the Majority Stockholders determined that it would be in the best interests of our company and its stockholders to reduce our authorized stock. The Charter Amendment amends the Current Charter to reduce our authorized common stock to 300,000,000 shares and our authorized preferred stock to 50,000,000 shares.

The Charter Amendment will become effective upon filing with the Nevada Secretary of State’s Office, which will occur promptly following the 20th day after this Information Statement is first mailed to our stockholders.

[Pickme2]

More added!!!

Outstanding Shares
12,161,713
04/17/2024
Restricted
2,081,482
04/17/2024
Unrestricted
10,080,231
04/17/2024