Cardiff Lexington Corp (CDIX)

[Backstabbed]

$CDIX - I am still holding all my shares. Let's see how the day plays out!

[Golden Cross]

I will give you that much... rigturds dumps are legendary... ask his boyfriend

[Backstabbed]

SS is still good though

[TrendTrade2016]

OUCH...CHASING ONE OF THE BIGGEST SCAMS ON THE OTC CAN HURT...LMAO

[Golden Cross]

There was the RIGATONITURD dump the sheep

[lovethatgreen]

Says reduction

Not elimination

What's left?

[DayofReckoning]

yep.....buying opp for us

[Backstabbed]

People getting shook out

[cityimport]

Let's go over 0.0020 today ... :))))))))))))))))))))))))))

CDIX

[Backstabbed]

Good to see you here steve. PR out today!!

[Chartmaster]

Great News! Thanks Backstabbed! UR on it!

[DayofReckoning]

sweet, CDIX getting their shiiiit together...awesome

[Backstabbed]

$CDIX NEWS!!! Cardiff Lexington Announces Reduction of Convertible Debt Balance

FT. LAUDERDALE, FL / ACCESSWIRE / November 17, 2023 / Cardiff Lexington Corporation (OTC PINK:CDIX) today announced that the Company has reduced its convertible debt balance with the payment of two convertible promissory notes originally issued to a single lender on February 9, 2021 and April 26, 2021, respectively. The total payment value of $175,000 is for complete and full settlement of both notes.

Alex Cunningham, Chief Executive Officer of Cardiff Lexington, commented, "We're pleased to be able to reduce our convertible debt balance with these payments. A key initiative of ours is to continue to simplify our capital structure to support our long-term growth. Payment of these notes is one example of our execution of this strategy, and our goal is to continue to significantly simplify our capital structure."

https://www.otcmarkets.com/stock/CDIX/news/story?e&id=2694955

[Backstabbed]

$CDIX NEWS OUT!!!!!!

[Filterthenoise]

Xmas is coming!! $CDIX

[DayofReckoning]

Excellent CDIX DD ..,putting it all together..

[stervc]

JPGetty, regarding the CDIX RS...

CDIX is only going to do the reverse split to go to the NASDAQ. Read this post below and call their IR:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173243898

Everything is going to be restructured for the better, to include the preferred, to be in the best interest of the shareholders for CDIX to be on the NASDAQ.

Eliminating the convertible debt by paying it off was the first huge big step for moving forward:
https://www.otcmarkets.com/filing/html?id=17063481&guid=89J-knCYhBTCaBh

This post might be helpful regarding their $1.98 Million Net Income for the 3rd Qtr:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173243921

v/r
Sterling

[threewheeler]

holly xhit 75k/1

[Pickme2]

Daniel Thompson owned 25,004,127 shares of common stock, 1 share of series A preferred stock, 13,062 shares of series B preferred stock, 1 share of series C preferred stock and 5,037,412 shares of series I preferred stock, which entitled Mr. Thompson to 3,831,957,014 votes, or approximately 81% of the total votes eligible to be cast.

Much higher now , I’m sure…

We common holders have no say and votes not required…

[PROPHET-of-PROFITS]

Imo they want to play where the big boys play riding the stock option gravey train to Valhalla. With Corpo assholes one never knows what those neurons in their pea brains are doing.

Nine Month Financial Highlights

16.2% growth in the Company's healthcare division drove 5.1% consolidated revenue growth to $9.8 million
72.7% gross profit margin in the Company's healthcare division up from 63.4% last year drove consolidated gross profit margin to 73% for the nine-month period
Operating income increased 41% to $4.7 million, or 47.9% of sales from $3.3 million, or 35.7% of sales in the nine-month period last year due to a deliberate focus on higher margin business and disciplined cost containment
Net income increased 247% to $2.8 million from a loss of $1.9 million in the comparable nine-month period last year.

Pretty good numbers for a Corp valued at 1.8m.

our intention to simplify our capital structure to best support our long term growth for shareholders.

Simplify? Guessing they're talking about all the dumb preferred stock.
Lastly let me looking into my crystal ball and tell you what the future is... All I see is a white sign saying "No f'ing clue".

[rockie101]

I don't see why they would want to split...your opinion on that.

[PROPHET-of-PROFITS]

After 2024 and most likely late Jan to mid Feb per their last pr. Since the Pre14C is from April I wonder if they have to refile? Finra has to successfully process which can take more than 10dys. Imo cdix is undervalued on the income generated and that is important

[Pickme2]

I do think they would have to re-announce and vote for a reverse split if they decide this route.

Note: since this announcement, they’ve issued approximately 500 million shares and have went to the expert status OTC a few times.

Companies full of surprises. Good luck.

[PROPHET-of-PROFITS]

Imo mentioned around early 2024 which would be months away. Most likely cdix is sitting around 02 around that time

[Pickme2]

Someone asked for this:

Dear Stockholder:

The accompanying information statement is furnished to holders of shares of common stock of Cardiff Lexington Corporation (“we,” “us,” “our” or “our company”) pursuant to Section 14 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Regulation 14C and Schedule 14C thereunder, in connection with an approval by written consent of the holders of our voting stock.

The purpose of this Notice and Information Statement is to notify our stockholders that, on February 28, 2023, we received written consents from stockholders to approve an amendment to our amended and restated articles of incorporation to implement a 1-for-75,000 reverse split of our outstanding common stock (the “Charter Amendment”).


https://www.sec.gov/Archives/edgar/data/811222/000168316823001426/cardiff_def14c.htm

[rockie101]

What do you mean...what's out there ?

[Pickme2]

Greentree Financial Group, Inc and GHS Investments, LLC toxic convertible promissory notes much have been paid off? That’s great but small potatoes compared to what’s out there IMO..

[rockie101]

Nothing firm.

[JPGetty]

Sterling: New here......My reading on this board indicates a possible R/S.

Is that a likely scenario?

And if so, when is it likely to occur?

Thanks, JP

[Pickme2]

It would not effect most the preferred

DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES – CONTINUED AND DISCONTINUED OPERATIONS

59,608,730,482 <—- that’s huge!

I’m concerned and would like .04 back before end of year

They do have a good team and are capable of it…we shall see

[stervc]

Pickme2, with those CDIX thoughts...

I do not believe they are going to do a 1-75,000 reverse split here with CDIX. I would call the IR and talk to him to see what you will possibly learn. I have zero concerns here. I do think the preferred shares being valued at $4 each with a 2-1 conversion ratio is a good thing.

v/r
Sterling

[rockie101]

Not saying it will be that much but 75,000 to 1....IMO is out of this world....that would tear anyone's nest up.

[Pickme2]

Most of the preferred shares are protected against anti-dilution (75,000 to 1) reverse splits and and are valued at $4 each with a 2-1 conversion .

Insider buying is great (109 million) and so is the 10q…my concern is the huge possible conversions (billions)

Canceling the R/S and renegotiating the preferred or buying them back would be huge news…Good Luck

[stervc]

Edited: Huge with CDIX & today's 8-K...

This 8-K just released by CDIX is huge in opinion! They have eliminated their debt by paying off their convertible notes. That clears the path for them to move forward. With this 8-K and with generating $1.98 Million in Net Income for the 3rd Quarter, they are now on track for averaging $7,920,000 per year. With an OS of 1,326,475,613 shares, this makes CDIX worth well over .055+ per share and that's with using 10 for a P/E Ratio. The beauty about this valuation is that it is from "actual" generated Net Income and not from speculation. I'll organize the valuation later to help investors see such, but I suggest all to simply do the math and see for themselves to see what they will come up with from using the formulas below:

Net Income ÷ Outstanding Shares (OS) = Earnings Per Share (EPS)
Earnings Per Share (EPS) x Price to Earnings (P/E) Ratio = Price Per Share Valuation

OS of 1,326,475,613 shares:
https://www.otcmarkets.com/stock/CDIX/security

8-K Paying off Convertible Notes:
https://www.otcmarkets.com/filing/html?id=17063481&guid=_9J-kpluZfUbdth

PR indicating $1.98 Million Net Income for 3rd Quarter:
https://www.otcmarkets.com/stock/CDIX/news/story?e&id=2692317

v/r
Sterling

[rockie101]

Wonder when they may do the split....soon ?

[Backstabbed]

$CDIX - Amen! This is going to run super hard!

[stervc]

rockie101, with the CDIX RS thought...

I spoke to the IR for CDIX. I'll just recommend for all to do their own DD and make the call to talk with him. They are planning on going to the NASDAQ. I think the NASDAQ Small Cap, if I had to guess. If you look at the numbers from their PR a few days ago, the numbers could justify such as one could see that they are very profitable:
https://www.otcmarkets.com/stock/CDIX/news/story?e&id=2692317

I think this Healthcare company is going places. I think we are in some very good hands. I think that the ratio is going to be way smaller because keep in mind, the Insiders own shares too and they are not going to screw themselves.

v/r
Sterling

[DayofReckoning]

Its also going to be a great day tomorrow

[ProfitChaser]

WOW what a awesome day. Glad I been accumalating shares here for a few weeks. Just never know whats around the next corner in this business.

[Backstabbed]

It’s at $0.0013 - MMs could have picked all the shares they wanted below $0.0003

[CapGainsman]

I agree on this stock that a longer-term perspective will be necessary. With this type of undervalued situation, the highly unethical MMs are going to short virtually every share in the float and hold it back as long as possible, so they can frustrate as many traders as they can and accumulate as many shares as possible down here.

[Chartmaster]

You know, I think now is the time to adopt a hold strategy awaiting huge moves like 2021 and look to sell mid Jan to mid Feb 2024 or when prices hit extreme levels, here's a chart I made to predict how high these pinkies can go, CDIX could see the coveted OTC .03-.05 range imo with only 616mill unrestricted OS
OS Unrestricted Under 1Bill = .03-.05 Target Price
OS Unrestricted 1Bill-10Bill = .01-.03 Target Price
OS Unrestricted 10Bill-20Bill = .005-.01 Target Price
OS Unrestricted 20Bill-40Bill = .0022-.005 Target Price
OS Unrestricted over 40Bill = .0022 Target Price

[DayofReckoning]

Exactly, man this is going to pennies

[madstocks5432]

Next resistance? 003?

[Chartmaster]

Chart shows classic KEY REVERSAL DAY with Volume explosion! And proves my new "Volume Scout" analogy is something to take note of! Abqq did the same thing

[rockie101]

Wait a minutes I'm didn't mean any harm I bought several million shares last few days at .0003 and got more today at 3 about 5 minutes before the run.....my understanding the r/s is the only negative with this stock....want to buy more tomorrow so just wanted more information.

[Backstabbed]

$CDIX - An insider just bought over 109M shares… you don’t think he did his DD before forking up this much money knowing that there is a pending RS?

LOL

[CapGainsman]

Please....no more RS BS from either you or Hobbs. That could be a consideration for uplisting to another exchange, but I'm sure the financial officer who just bought 109 million shares would wait until the stock reaches a proper valuation before even thinking about that.

[rockie101]

Hobbes from another board post that to me.....I do think R/S has been mention.

[CapGainsman]

Not a chance. lol With that kind of income stream, they could buy up a few hundred million shares and get the stock price up to silver or better.