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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
Do you buy stocks after they run or do you have pacience to buy before and wait? I'm locked and loaded.
Yeah 279 in volume , to the Moon LOL !!!
Looks like its getting ready $CDIX
LOL....neither! Just a doctor who likes their business.
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
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.
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.
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 !!
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
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.
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.
What’s another 65,000 x 75,000 equivalent pre-split before the 75,000 to 1 reverse split?
More Converted!!
Outstanding Shares
13,259,963
05/16/2024
Restricted
2,081,482
05/16/2024
Unrestricted
11,178,481
05/16/2024
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
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 !!!
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 !!
Hahhahaha. Let us know how that works out for you.
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.
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
Do you have a link to the lawsuit ?
Thank you
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
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??
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.
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.
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
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
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
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.
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.
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
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.
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.
Outstanding Shares
12,960,463
04/30/2024
Restricted
2,081,482
04/30/2024
Unrestricted
10,878,981
04/30/2024
No surprise… complete dilution as always for years
This surprises you LOL they will keep dumping until they fully dilute
More added!
Outstanding Shares
12,332,213
04/24/2024
Restricted
2,081,482
04/24/2024
Unrestricted
10,250,731
04/24/2024
Share update
Outstanding Shares
12,257,213
04/22/2024
Restricted
2,081,482
04/22/2024
Unrestricted
10,175,731
04/22/2024
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
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.
More added!!!
Outstanding Shares
12,161,713
04/17/2024
Restricted
2,081,482
04/17/2024
Unrestricted
10,080,231
04/17/2024
New convertibles added again
Outstanding Shares
11,647,495
04/13/2024
Restricted
2,081,482
04/13/2024
Unrestricted
9,566,013
04/13/2024
13k + converted today
Outstanding Shares
11,542,995
04/08/2024
Restricted
2,081,482
04/08/2024
Unrestricted
9,461,513
04/08/2024
Of course there are , they have billions ready to continue the dump
More shares converted…
Outstanding Shares
11,529,245
04/06/2024
Restricted
2,081,482
04/06/2024
Unrestricted
9,447,763
04/06/2024