$CDIX penny break watch
Chart reversal in progress
PSAR flip with last 3 PSAR flips netting gains between 100-300%
RSI only 46, 50 cross next https://twitter.com/deafdaytrader/status/1028683675750342656?s=21
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 https://twitter.com/keeprealistic/status/1027725238065397760?s=21
One acquisition just completed
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.