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Monday, 08/13/2018 12:28:55 AM

Monday, August 13, 2018 12:28:55 AM

Post# of 2346877
$CDIX penny break watch

Chart reversal in progress

PSAR flip with last 3 PSAR flips netting gains between 100-300%

MACD cross
RSI only 46, 50 cross next


Just over weeks ago...

“As of today, the company continues discussions with multiple investment banks and various investor groups that would take over the remaining company debt on terms that are more favorable to Cardiff Lexington.” 

Read full update 
https://finance.yahoo.com/news/cardiff-lexington-corp-cdix-updates-143341960.html


One acquisition just completed 

Low floater

OTCQB with Ungagged TA

A/S   1,000,000,000          08/10/2018
O/S      155,195,233          08/10/2018
Float     116,440,914          08/10/2018


Short term catalysts

1. Elimination of current debt and any future financing done with a partner investment bank.

2. The 495 acquisition.

With 495 coming in (others as well) that puts the annual revs up near the $30 M mark and EBITDA at around $4 M.

Using conservative OTC valuations, that should give a market cap of around $30 M which puts the share price over 20 cents.


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