Cardiff Lexington Corp (CDIX)

[equijohn]

Where did the two Dipshit pumpers go ?? This Share selling dilution scam hasn't been able to sell a single share all of June 🤣

And they are doing an offering , much lower than the current trading price to issue more shares.

This will be back in pennies soon enough

$CDIX Stay Away !!

[Pickme2]

On June 11, 2024, the Company entered into a settlement agreement and release of claims (the “Settlement Agreement”) with GHS, pursuant to which GHS agreed to terminate the Transaction Agreements and cancel the Shares and the Notes in exchange for a new Fixed Amount Settlement Promissory Note in the principal amount of $535,000 (the “New Note”). The Settlement Agreement contains customary representations and warranties for a transaction of this type, as well as a customary mutual release of claims by the Company and GHS.

The New Note does not bear interest and requires fixed payments as follows: (i) if the Company raises at least $5 million but less than $6 million in its planned underwritten public offering (the “Offering”), then it must pay $250,000 on the closing date of the Offering, with payments of $125,000, $125,000 and $35,000 to follow on the 90th, 180th, and 240th days following the closing of the Offering, respectively; (ii) if the Company raises at least $6 million but less than $7 million in the Offering, then it must pay $390,000 on the closing date of the Offering and $145,000 on the 90th day following the closing of the Offering; and (iii) if the Company raises at least $7 million in the Offering, then it must repay the entire principal amount on the closing date of the Offering. If the Offering is not completed by August 15, 2024, then the Company is required to pay $25,000 on such date and to continue making payments of $25,000 on each monthly anniversary thereof until the entire principal amount is repaid in full. If the Offering is completed after August 15, 2024, then the Company is required to make payments as described in the schedule above. Notwithstanding the foregoing, if the Company abandons the Offering and conducts a new public offering thereafter, then the Company is required to make a payment of $100,000 on the closing date of such other public offering, a second payment of $100,000 on the 90th day following the closing of such offering and $35,000 each month thereafter until the entire principal amount is repaid in full. If any portion of the principal amount remains unpaid on the second (2nd) anniversary of the date of the New Note, it shall become immediately due and payable on such date. The Company may prepay the entire principal amount at any time without penalty. The New Note is unsecured and contains customary events of default for a loan of this type. Upon an event of default, interest shall automatically begin to accrue at a simple interest rate of ten percent (10%) per annum

[equijohn]

It's great your using Meme stock words , FUD , frigging Clown Pump and Dumper

[Filterthenoise]

Stand by your words and sue me for owning shares! "cRiMiNaL" - What a 🤡

It would only be criminal to be a shareholder if 🐍-a$$ FUD were judges.

Thankfully this is not the case.

[equijohn]

Your pumping this $hit is criminal , and hopefully nobody is dumb enough to fall for it and throw away food money , A$$ Clown !!

[Filterthenoise]

Such an irrelevant & dumb post. Try harder. $CDIX

[equijohn]

You should by more at $7.18 Dumb A$$ , nobody else is LOL

[Filterthenoise]

Thx for the reminder to bet back on the bid $CDIX

[Filterthenoise]

Ask at $7.18 Snake A$$ FUD

[equijohn]

Bid at $1.86 Dumb A$$ LOL

[equijohn]

Nice paint up clown , this garbage is going into pennies soon enough , than you will disappear pumper piece of S....

[Filterthenoise]

LOL

[Filterthenoise]

Bid now at $5... You missed loser! $CDIX

[Filterthenoise]

Look at the ASK el FUD'o. Dare toy to hit it! I'm loading the bid down here when it gives it and yes I will get paid very well.

[equijohn]

2 million restricted , 11 million free trading and growing weekly

Dilution scam

[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