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$CDIX - Can’t wait for Q3 Numbers! Cardiff Lexington’s (CDIX) Red Rock Travel Group Posts Astounding Results
July 10, 2018 11:53 ET | Source: Cardiff Lexington Corporation
Ft. Lauderdale, FL , July 10, 2018 (GLOBE NEWSWIRE) -- Cardiff Lexington Corporation (OTCQB: CDIX) and our Subsidiary Red Rock Travel Group are pleased to announce a 218% increase in revenue in its first six months of 2018 over the entire annual revenue of 2017.
Red Rock revenue for 2017 was $391,248; for the 6 months ending June 30th, 2018 Red revenue exceeded $890,000.00. “This rapid growth validates Cardiff Lexington expectations. “We knew it would be a great acquisition for CDIX and had tremendous growth potential,” stated Alex Cunningham, President/Chief Executive Officer of Cardiff Lexington. “Founder Jay Jahid has assembled a strong management team and together with his leadership have set impressive results and astounding month after month growth.”
Red Rock Travel Group (http://www.RedRockTravelGroup.com) is the leading provider of timeshare and travel club leads in the country. They have physical kiosks in strategic locations offering discounted theme park tickets, highly discounted travel, and engage in significant online, media, and offline advertising that directs traffic to online websites or to their state-of-the-art call center. One of their online lead generation websites is http://www.MyFloridaGetaway.com/.
About Cardiff Lexington Corporation: Cardiff Lexington is a public holding company, much like a cooperative, leveraging proven management in private companies that become subsidiaries. Our focus is not industry or geographic-specific, but rather proven management, market, and margin. Cardiff Lexington targets acquisitions of mature, high growth, niche companies. Cardiff Lexington's strategy identifies and empowers select income-producing middle market private businesses, technology companies and commercial real estate properties. Cardiff Lexington provides these companies both 1) the enhanced ability to raise money for operations or expansion, and 2) an equity exit and liquidity strategy for the owner, heirs, and/or Investors. For investors, Cardiff Lexington provides a diversified lower risk to protect and safely enhance their investment by continually adding assets and holdings. Cardiff Lexington is led by strong talented team of executives and advisors providing expert acquisition, market guidance and added value for subsidiaries and investors.
FORWARD LOOKING STATEMENT: This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. These risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.
Cardiff Lexington Corporation
Investor Relations
844-628-2100 etx. 705
investorrelations@cardifflexington.com
Have another shot of whisky while you are at it tonight too!
$CDIX - Hitting on all four iHub boards and moving up quickly at the moment: Breakout Boards, Most Posted, Most Read And Most Active Boards!
I would like some of what you are smoking tonight please.
$CDIX - BEAUTIFUL DAY!
$CDIX - AGREE nudie! More importantly, to myself, this validates everything they said in the July PR moving forward, they are making progress for CERTAIN!!! Looking forward to tomorrow’s CC!
$CDIX - VFIN PARKED YET AGAIN AND STILL AT 2000.
VFIN STILL PARKED AT 2000
$CDIX - Undervalued! Don’t wait until market corrects… Now is a great time to consider buying in!!!
$CDIX - Market Cap is approximately $850,000 at current PPS and OS levels as of close FRIDAY. So one can do the math and get why smart money is buying.
When the market corrects, could be at any moment, with
a.) Outstanding Q3 results
b.) Debt Re-Structuring
c.) Additional acquisitions
d.) ???
10BAGGER+ is VERY possible!
Totally inaccurate!
Welcome Gitz. Read BarkOlounger, Keepitrealistic, tradeburn posts. Great DD there to answer your questions.
Go $CDIX! Yes, don’t be fooled when a few clouds show up disguised as sunshine on a great week ahead!
$CDIX - Potential 10BAGGER coming! Looking good! VFIN parked for 7 sessions at $2000. No CFGN either. Don’t get caught chasing now! Market cap only $700,000 roughly, WITH 7mm revs and counting!!!! Do the math!
Read Bark’s posts and keepitreal, tradeburn posts for the REAL DD! ONLY A MATTER OF TIME BEFORE MARKET CORRECTION to .02-.03+ AND OUTSTANDING Q3 RESULTS!
Tick tock....
$CDIX - WELL STATED KIR!
$CDIX - Thanks Bark! At .0029 that’s a whopping $792,075 market cap on approximately 7mm revs, if my math is somewhat correct. So if we do the math, huge gains are awaiting imo!
$CDIX - Scooped up a few more. Looking good!
Yes he has. VFIN parked again at 2000 pre-market.
$CDIX - GREAT SUMMARY!>>>>>>Posted On: 09/19/2018 1:12:46 PM
Post# of 91
Avatar
Posted By: BarkOLounger
CDIX is really and truly primed.
I've been tracking conversions and sales and dilution is almost done (over 90% IMO)
Company will be scheduling a conference call soon
Current market cap is under 1 million, but company revenue is over 7 million.
Company not taking any more convertible debt
at least 2 acquisitions are in late stages and could be announced anytime
Q3 financials will be the first to include revenue from the two acquisitions in July, and will show increase from about 1 million a year revenue run rate to over 7 million a year revenue run rate.
Only thing keeping this one under .02 has been dilution. Correction is coming, these are the final opportunities to get shares under .005. Could break up anytime in the next few days.
We can break a penny at any moment now.
$CDIX - Looking for a solid week ahead of the cc!
$CDIX: I Agree tb! And VFIN staying at 2000 in the last two trading sessions is encouraging as well!
$CDIX - Today’s Market Cap is approximately $835,000, so one can easily do the math and know that smart money is buying and Understands that when the market corrects (could be at any moment) with most likely a.) Outstanding Q3 results b.) Debt Re-Structuring c.) Additional acquisitions d.) ???etc....a 10BAGGER PLUS, IS NOT OUT OF THE QUESTION.
$CDIX - NICE GRAB! GLTU!
Big bids coming in strong
Good point and why a market correction will reward those who have been eating up the dilution which is drawing to a close imo.
$CDIX, looking for a continuation of the strong uptrend shown late last week.
$Nice thought process! Go $CDIX!
Thanks SFR, as Tradeburn said: “... Dilution gave people the chance to buy shares at a fraction of its current fair market value excluding future acquisitions. Share structure remains amazing. Some of us have been pounding the table, but blind people were leading other blind people to jump off the cliff and sell at all time lows. LOL SMH!...”
$CDIX - AWESOME Threeflight!!! Looking forward to the coming week(s)! GLTU!
Nice Orko! I picked up a few more myself today.
$CDIX - It is GO time my friend!
Your loss pugs!
$CDIX: Market correction will occur. This profitable company is barely trading at 1/10 revs. No brainer! Even you can figure that out! If not, I can help you to do so!
Picked up a bunch more, GO CDIX!
Well stated Bark! I agree that we go way up from here and we may be in the beginning stages, is my bet. Thank you again for all of your DD!
Let’s go CDIX!
Sweeeet!
I recommend you do some dd! Start up in the ibox above with you tube shareholder updates. He explains everything that you appear lately to not understand. No worries here.