Cardiff Lexington Corp (CDIX)

[bombaytonic]

It’s a misconception that a RS has to be voted on by shareholders to enact. They can do it through board action. I think the play is to contact regulatory bodies and have them look at potentially misleading comments made by the company through tweets and PRs. At the same time you get a group of shareholders together to force a proxy fight and get some good guys in. I believe there to be misleading comments made which have caused me to lose money and I’m sure others feel the same way. If others can prove in fact they have gotten the company together with viable banks and lenders to take care of the toxic conversions and the company did not act we can prove intent to mislead and manipulate. You then look at the potential collusion with noteholders and any pre existing relationships with Alex, Rollan, or others. I think these guys messed up and have potentially left themselves open to action by the SEC. if anything isn’t done by Friday, I believe that to be the course of action. If it’s a scheme, they won’t stop until they have to. A they may just believe that they can dilute all they want and then RS to change the price.