Cardiff Lexington Corp (CDIX)

[BarkOLounger]

They have over 3 months to get the share price back above .01. The last close over .01 was 7/19, if they don't close over .01 before 8/19 they get a notice and go on 90 day grace period so there is no danger of delist if they finish up handling the debt.

Here is the document with the rules https://www.otcmarkets.com/files/otcqb_standards.pdf.

Here is the relative snippet

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Removal of OTCQB Companies for Failure to Meet Requirements
1) OTC Markets Group may remove the Company’s securities from trading on the OTCQB market for the Company’s failure to meet the requirements set forth in Section 2 of these OTCQB Standards or any other obligations under these OTCQB Standards, which determination shall be made by OTC Markets Group in its sole and absolute discretion, unless such failure is cured within the time frames set forth below:
a. Filing Delinquency. Companies delinquent in their filings are granted a cure period of 45 calendar days from the original due date set forth in Section 2.2 (2);
b. Bid Price Deficiency. Companies are granted a cure period of 90 calendar days for failure to maintain the minimum bid price set forth in Section 2.3(2). In the event that the minimum closing bid price for the Company’s common stock falls below $0.01 per share for 30 consecutive days, a grace period of 90 calendar days to regain compliance shall begin.
OTC Markets Group Inc.
OTCQB Standards (v 3.0 May 20, 2018) Page 11 of 16