Cardiff Lexington Corp (CDIX)

[livingston78]

Cardiff International Inc. has a very low revenue, $91k in cash, $126k in current assets and $2,058m in current liabilities for a current ratio of 0,06 that makes it totally insolvent in the short term. The $1,669m in goodwill is purely speculative so it should not be taking in consideration, you cannot pay anything with goodwill. They seem to manipulate the profits by reducing expenses to prevent you from seeing and identifying poor management. Increasing changes in adjustments to net income represent intentional distortion of the results. The only activity of this one is selling worthless shares. Beware of the extremely low trading volume.