Cardiff Lexington Corp (CDIX)

[splintered sunlight]

Did this really go from around $140 to here (post split) in just 2 months?

[rockie101]

Close at 2.75 it will keep going lower.....crazy.

[rockie101]

I lost 2500 dollars but sure glad I sold yesterday evening...that's all R/S are good for is shareholders lose money.

[Filterthenoise]

Well done DIX

[Filterthenoise]

Down to $11 and dropping with no takers.

[Filterthenoise]

$44.99 on the ask now. Hope someone smacks it before the close to save this turd lol

[Filterthenoise]

$2.75 registered trade. What a mess

[Filterthenoise]

3 shares traded at $2.75, 2.76. So it is trading with nothing yet on the ASK and 2 MMs on the BID at 2.75 and 2.65 respectively.

Price doesn't change for trades under 100 shares. But not a good sign if this is where it opens shortly?

[Filterthenoise]

It had some potential again before today with a nice base. The lack of scrutiny by regulators prior to allowing this type of blunt maneuver on common shareholders, even moreso given that history is glaring.

Interesting it is not trading yet today? I guess tomorrow once everyone trying to get this trading under the D likely stops scrambling and scratching their heads at the enormity of it all.

[splintered sunlight]

What a chart.

Horrific

[Filterthenoise]

I believe that insiders held alot of commons here? Looked like enough to absorb this massive split as well. That was the only reason I thought it may happen and may not be a direct attempt to clean out commons shareholders

None the less this is not a good look in any way and any news would have to be absolutely huge to recover from a 75K-1. This has to be a record.

Outside of something massive, its hard to see a case this doesn't get obliterated in the coming days.

[flipnrips]

The preferred shareholders are the only ones who make out here. Along with Cunningham and Thompson. You might be able to catch a pump if you time it right but generally speaking if you invest in the common stock, you will lose your money.

[Pickme2]

Probably both… the preferred series are exempt from anti-dilution and could care less about the common …

[splintered sunlight]

Just like DBGI.

LMFAO

[Filterthenoise]

A big common holder table rake or a big announcement immediately to follow the split?

I don't believe there is any in between with a split this size. If they're not going to release positive news imminently this was as in your face as it comes.

[Filterthenoise]

Never seen a reverse this size. How is this allowed?

[rockie101]

If it something big it won't be for the shareholders end up with 120 shares out of 9 million....how are you going to make money with 120 shares ?

[Jmc1299]

Idk but for some odd reason it seems like they could be setting up for something big… but I can be wrong you just never know

[rockie101]

Post split how long before you can sell ?

[Lime Time]

Yeah I agree. Strange there is still a bid.

End of day paint job will make the difference between $7.5 or $15 post split.

[rockie101]

I sold out BUT BUT it sure isn't trading like a split coming especially being a 1 for 75,000 split.

[rockie101]

I KNOW that what I get.... just want to make sure...BAD BAD BAD

[Pian0wire]

It’s easy to figure. 9 million divided by 75,000. That will leave you with 120 shares. Yes, 120

[Lime Time]

9,000,000 / 75,000 = 120

Some brokerages also charge a fee for the split. Shares may be stuck for a while before it clears. Need to ask brokerage for these specifics.

This shouldn't be legal but it is.

[rockie101]

Can you answer my problem out of 9,000,000 shares how many after the split ?

[Lime Time]

This is 4th huge RS. These crooks are scamming shareholders out of their money.

1:25000
1:1500
1:10000

Now 1:75000

Looks to be typo but it's all real.

[rockie101]

HELP...I don't want to believe my figure.....have 9,000,000 after the 1 for 75,000 split how many will shares will I have ?

[Pickme2]

Well they borrowed against accounts receivables from the med and made a huge announcement they paid off convertibles …for what 120k worth…it’s a joke..good luck

[kid biscuit]

The dilution is required to keep expanding as they just did last week, so they never have borrow from a bank. Reminds me of Brewbuilt Mfg, can rarely leave .0001 The 5 yr chart shows all the reverse splits on CDIX as well. When they expand with profits and commit publicly to no more dilution, then we are done becoming a atm for a private investor. At some point the company has to be satisfied with organic growth. The the actual value of the share will go up without help.

[rockie101]

HEY STERVC what do you think 1 for 75000 split will it happen tomorrow....don't understand this trading back and forth at .0001 and .0002 most of morning with very few shares,

[Lime Time]

OMFG what junk. Arrest these crooks

[Renee]

CDIX: effective Jan. 9,2024 a one for 75,000 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[XcaliberMarine]

https://ih.advfn.com/stock-market/USOTC/cardiff-lexington-pk-CDIX/stock-news/92949471/form-8-k-current-report

[XcaliberMarine]

https://www.accesswire.com/821374/cardiff-lexington-appoints-matthew-shafer-as-chief-financial-officer
https://www.accesswire.com/821716/cardiff-lexington-appoints-zia-choe-as-chief-accounting-officer

[bunda]

rs next week. in

[Backstabbed]

Old one left. So they obviously need another

[Pian0wire]

There is a new CFO coming in? I must have missed this in the filings. At least the dilution seems to have slowed down.

[Backstabbed]

Maybe the stock can bounce now that there is a new CFO coming in?

[rockie101]

If they would cancel the R/S talk we would fly.

[Pickme2]

If the company’s investors are selling 100’s of millions ..what does that tell you? Maybe a private placement ( exempt from dilution) with a discount would be a better investment. Good luck

[Jmc1299]

So no reason to keep investing? Or am I missing something?

[Pickme2]

Shares are on sale…dang
Over 750,000,000 added now..

Outstanding Shares
1,804,899,613
12/26/2023
Restricted
710,484,034
12/26/2023
Unrestricted
1,094,415,579
12/26/2023
Held at DTC
1,090,781,457
12/26/2023

[Backstabbed]

It’s puzzling how insiders are treating shareholders! Treat them good and they will stick around!

[bunda]

yes. rs not happening

[johnboy6]

I know that they have cleared the way with the SEC for a RS, and have made it clear that this may well be coming, but what if just by chance they don't go through with it? Given the fact that their business is actually doing pretty well and they're opening new clinics (and stated that they plan to continue opening more), I think it's probably worth picking up a mil or so of this way down here and just hold to see what happens. I mean given the current SP, you literally don't have that much to lose.

[bunda]

crazy volume yesterday. ppl buying. could run today

[Pickme2]

Click the link I responded to

[bunda]

can you explain more?

[Pickme2]

650,000,000 added since then…more coming…it’s a given..

[Pian0wire]

I will say, there are some buys that have come in today, especially since we’ve rebounded off the .0001 bid from yesterday. The .0002’s are building here.