Followers | 227 |
Posts | 13143 |
Boards Moderated | 0 |
Alias Born | 09/26/2011 |
Sunday, March 11, 2018 12:00:02 PM
Cardiff Lexington Corp. (CDIX) OTCQB current!
Cardiff is a small cap Holding Company targeting private middle market companies for acquisition
Market Cap 1,924,159 03/09/2018
Authorized Shares 500,000,000 11/14/2017
Outstanding Shares 66,122,293 01/29/2018
increase of 8,026,164 shares since 09/30/2017
vfin, bmic left beginning of March
Float 30,754,944 01/29/2018
Assets: 1,528,111 09/30/2017
Current liability 3,078,857 09/30/2017
https://backend.otcmarkets.com/otcapi/company/sec-filings/12392114/content/html
Cardiff Lexington, Formerly Cardiff International, Announces Name Change, New Ticker and New WebsitePress Release | 02/07/2018
LEXINGTON, KY, Feb. 07, 2018 (GLOBE NEWSWIRE) -- Cardiff Lexington Corporation, formerly Cardiff International (OTCQB: CDIF) (OTC: CDIX), a holding company focused on acquiring profitable, middle-market companies to create value for business owners and investors, today announced that it has changed the name of the company and has launched its new website (www.cardifflexington.com). The Company also announced that effective February 7, 2018, Cardiff Lexington will be quoted on the OTC Markets under its new ticker “CDIX.”
Alex Cunningham, CEO of Cardiff Lexington, commented, “We are excited to announce our name change as well as our new ticker and website, which we believe better reflect the progress we have made and the expanded mission of the Company - creating value in the middle-market for business owners and investors. The market for small and middle-market private companies is often inefficient due to lack of access to growth capital and reasonable debt financing options. With many baby-boomer small business owners nearing retirement, there are also few options for succession planning and retirement. At Cardiff Lexington, we provide business owners access to capital, diversification and a long-term exit strategy. At the same time, we are well positioned to deliver value for our investors by acquiring private companies with strong cash flow and solid balance sheets. Our holding company structure provides investors diversification and mitigates risk.”
Cardiff International, Inc. Signs LOI to Acquire 495 Communications, LLCPress Release | 11/13/2017
Cardiff International, Inc. Signs LOI to Acquire 495 Communications, LLC
FORT LAUDERDALE, FL--(Marketwired - Nov 13, 2017) - Cardiff International, Inc. (OTCQB: CDIF) and 495 Communications, LLC (Private: 495 Communications) announced today they have signed an LOI (Letter of Intent) to acquire 495 Communications, LLC.
This merger provides Cardiff entry into video and mobile focused digital media advertising which widely appeals to young demographics. In 2016, 495 Communication's Revenues were $18.8M with a 34.4% Gross Margin and Adjusted EBITDA of $3.175M. The Company has no debt and reports assets of $2.8 M as of July 2017.
495 Communications not only represents the future but is the proven, highly profitable and scalable technology presence positioned in the right place at the right time. "We are ecstatic about this new acquisition," stated Alex Cunningham, President/Chief Executive Officer of Cardiff. "As we promised to our shareholders, 495 will be the cornerstone from which allows Cardiff the ability to gain a strong presence within the technology industry. This acquisition enhances our ability to attract technology leaders within this ever-growing industry insuring us a strong revenue stream, improving profitability and increasing shareholder value."
495 Communications (http://www.495communications.com/) helps brands succeed in the competitive world of consumer awareness by utilizing all forms of content: video, native, and editorial. This enables consumer engagement across multiple screens, reaching consumers, across all platforms and devices with an impressive list of publishing partners that includes more than 2,000 premium websites, as well as their own proprietary mobile and tablet applications.
CEO Bret Polansky stated, "By 2021 the Online Native video and Connected TV markets project to be massive with revenues growing into the billions; with Online Native Video leading the way which projects to be 36% of the $50 billion marketplace in 2021." As for Connected TV, Mr. Polansky sees huge growth with the accelerated "cord cutting" and more brands finding value showcasing products and services on "Connected TV." Products like Roku (39% of all users), Google ChromeCast (37%), Amazon Fire (35%) and Apple TV (25%) are all apps that 495 builds, giving us huge scale and potential. Getting involved in this market is crucial and is something that truly showcases the "have's and have-nots" in the tech space. We are thrilled to become part of the Cardiff family and contribute to their future uplifting plans."
495 Communications is a leader in Connected TV application production, developing apps for premium brands such as Travel Savvy TV, Glam Media and many others. 495's Team also is in a unique position to help brands monetize these apps, making the relationship with each publisher holistic and therefore deeper than just a builder or a network.
Based in Santa Monica with offices in New York the 495 Communications staff are among the most qualified in the industry with experience dating back to the earliest days of digital monetization and content production. The 495management team with over 75 years aggregate experience in advertising and technology.
Selected clients / partners include Enterprise-Rent-A-Car, Tucson Arizona Tourism, San Francisco Travel, Singapore Airlines. Turkish Tourism, and Louisiana Office of Tourism.
495 Communications PROPRIETARY IN-HOUSE TECHNOLOGY and IP provides comprehensive mobile, display, and video solution includes programmatic DSP and RTB exchange supporting video, native, and display ad unit types.
New programmatic technology enhancements and content creation abilities allow 495 Communications to capture greater share of existing customer advertising budget; growing product and service portfolio allows for greater leverage in securing new customers. 495 Communications has compelling industry dynamics. Programmatic media and video/mobile are leading drivers and trends within advertising industry, representing a $25+ billion market.
495 Communications is a leading next-generation video and mobile focused digital media advertising platform that has a Robust video and mobile ad platform and expansive network consisting of 1,000+ publishers and 400+ advertisers. Exclusive focus on video and mobile -- delivers relevant ads at effective scale. Profitable since inception. Platform capabilities span the entirety of the programmatic media transaction chain, connecting advertisers to publishers with minimal number of intermediaries.
Industry Highlights:
The US Digital Video advertising market surpasses $16.8 billion in 2016
Over the next five years the market is expected to grow at a CAGR of 17%, surpassing $36 billion in US revenue in 2021
Sponsored content spending is expected to grow at a five-year CAGR of 31%, which will make it the fastest-growing native format
Average CTR for sponsored content was 0.31%, compared with traditional display's 0.08%
sorry for the rush job gotta run!
Mike Krane
@pennystockpickz
Mikekrane@protonmail.com
$cdix
Recent CDIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 01:50:17 PM
- Form DEFR14C - Revised information statement materials, definitive • Edgar (US Regulatory) • 11/29/2023 03:18:50 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 11/16/2023 09:11:50 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 07:06:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 05:29:20 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/25/2023 07:05:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 07:56:42 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 05:25:09 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 08/03/2023 08:51:51 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 07/19/2023 09:02:17 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/29/2023 08:04:36 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM